Tokuyama Corporation (JP:4043)
:4043
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Tokuyama
(4043)
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Rating:65Neutral
Price Target:
¥4,117.00
▼(-1.70% Downside)
Action:ReiteratedDate:03/10/26
The score is driven primarily by solid financial performance (improving margins, strong equity base, and rising free cash flow) and supportive valuation (low P/E with a moderate dividend). These positives are tempered by weak technicals, with the stock trading below key moving averages and a negative MACD indicating a soft trend.
Positive Factors
Improving Profitability
Higher gross and net margins reflect sustained cost controls and better product mix, improving durable earnings power. Margin expansion supports reinvestment in specialty materials and cushions against commodity cycles, strengthening long-term competitiveness and free cash generation.
Negative Factors
Input Cost Exposure
Energy- and feedstock-intensive operations leave margins exposed to volatile commodity and power markets. If costs spike and customer pass-through is limited, profitability can be structurally compressed, making earnings sensitive to external commodity cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving Profitability
Higher gross and net margins reflect sustained cost controls and better product mix, improving durable earnings power. Margin expansion supports reinvestment in specialty materials and cushions against commodity cycles, strengthening long-term competitiveness and free cash generation.
Read all positive factors
Tokuyama (4043) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥273.99B
Dividend Yield2.65%
Average Volume (3M)407.64K
Price to Earnings (P/E)11.0
Beta (1Y)0.97
Revenue Growth-0.04%
EPS Growth3.15%
CountryJP
Employees5,734
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)93.47
Shares Outstanding72,088,326
10 Day Avg. Volume395,260
30 Day Avg. Volume407,639
Financial Highlights & Ratios
PEG Ratio0.27
Price to Book (P/B)0.77
Price to Sales (P/S)0.58
P/FCF Ratio6.74
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)394.74
Revenue Forecast (FY)¥355.20B
Tokuyama Business Overview & Revenue Model
Company Description
Tokuyama Corporation produces and sells various chemical products in Japan. The company operates through six segments: Chemicals, Cement, Electronics Materials, Life Science, Eco Business, and Others. The Chemicals segment offers caustic soda, sod...
How the Company Makes Money
Tokuyama primarily makes money by manufacturing products in its core business segments and selling them to industrial customers under contracted and spot arrangements, with revenue recognized from product shipments. Key revenue streams include: (1...
Tokuyama Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 342.38B | 343.07B | 341.99B | 351.79B | 293.83B | 302.41B |
| Gross Profit | 109.27B | 109.58B | 100.85B | 92.09B | 96.18B | 95.71B |
| EBITDA | 50.13B | 49.72B | 43.41B | 35.39B | 44.27B | 47.94B |
| Net Income | 20.90B | 23.39B | 17.75B | 9.36B | 28.00B | 24.54B |
Balance Sheet | ||||||
| Total Assets | 474.44B | 476.21B | 457.36B | 478.34B | 433.21B | 386.79B |
| Cash, Cash Equivalents and Short-Term Investments | 79.84B | 75.54B | 48.68B | 68.08B | 83.12B | 83.68B |
| Total Debt | 111.74B | 110.69B | 105.78B | 142.45B | 109.22B | 98.44B |
| Total Liabilities | 197.73B | 202.34B | 197.41B | 236.73B | 200.29B | 181.53B |
| Stockholders Equity | 262.17B | 261.56B | 249.26B | 229.45B | 224.51B | 198.56B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 29.77B | 24.24B | -43.72B | -5.90B | 19.51B |
| Operating Cash Flow | 0.00 | 52.37B | 55.83B | -11.80B | 25.99B | 43.31B |
| Investing Cash Flow | 0.00 | -23.48B | -30.41B | -33.76B | -33.80B | -19.28B |
| Financing Cash Flow | 0.00 | -1.11B | -46.51B | 30.15B | 5.12B | -22.53B |
Tokuyama Technical Analysis
Neutral
4188.00
Price Trends
4111.60
Negative
4075.07
Negative
3708.98
Positive
Market Momentum
-119.23
Positive
43.93
Neutral
41.86
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4043, the sentiment is Neutral. The current price of 4188 is above the 20-day moving average (MA) of 3940.85, above the 50-day MA of 4111.60, and above the 200-day MA of 3708.98, indicating a neutral trend. The MACD of -119.23 indicates Positive momentum. The RSI at 43.93 is Neutral, neither overbought nor oversold. The STOCH value of 41.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:4043.
Tokuyama Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | ¥358.31B | 5.46 | 9.34% | 4.27% | -0.48% | -35.29% | |
74 Outperform | ¥303.74B | 9.05 | 5.47% | 3.41% | 2.60% | 9.50% | |
65 Neutral | ¥273.99B | 11.03 | 9.45% | 2.65% | -0.04% | 3.15% | |
65 Neutral | ¥358.27B | 10.69 | 8.14% | 2.61% | -1.45% | ― | |
65 Neutral | ¥245.79B | 6.13 | 1.47% | 4.29% | -7.45% | -71.68% | |
63 Neutral | ¥238.90B | 17.36 | ― | 1.00% | -3.06% | 45.21% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
* Basic Materials Sector Average
JP:4043
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Tokuyama Corporate Events
Tokuyama Cuts FY2025 Earnings Forecast on Weak Chemical Pricing
Jan 30, 2026
Tokuyama Corporation has lowered its full-year forecast for fiscal 2025, cutting projected net sales from ¥364.5 billion to ¥351.5 billion and reducing expected operating and ordinary profit from ¥41.5 billion to ¥39.0 billion,...
Tokuyama Lifts Operating Profit but Cuts Forecast on Weak Vinyl Chloride Markets
Jan 30, 2026
Tokuyama reported that while the consolidation of the Tokuyama Life Science Group and solid demand for semiconductor-related products supported revenue, overall net sales declined year on year due to worsening overseas market conditions for vinyl ...
Tokuyama Lifts Profit Outlook and Dividends on Strong Q3, Expands Life-Science Footprint
Jan 30, 2026
Tokuyama reported third-quarter fiscal 2025 consolidated results showing essentially flat net sales at ¥251.5 billion but a strong improvement in profitability, with operating profit up 26.9% to ¥26.7 billion and profit attributable to o...
Tokuyama Reshapes Top Management, Elevates Eco-Business Leader as New President
Jan 23, 2026
Tokuyama Corporation has announced a leadership reshuffle effective April 1, 2026, as part of the introduction of a new management structure. Current President and Executive Officer Hiroshi Yokota will become Representative Director, Chairman and ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.