Titan Kogyo Kabushiki Kaisha (4098) AI Stock Analysis

• Market Cap: ¥2.26B
• Dividend Yield: 1.34%
• Average Volume (3M): 3.83K
• Price to Earnings (P/E): 11.1
• Beta (1Y): 0.37
• Revenue Growth: -2.00%
• EPS Growth: N/A
• Country: JP
• Employees: 304
• Sector: Basic Materials
• Sector Strength: 71
• Industry: Chemicals - Specialty
• EPS (TTM): -1.90
• Shares Outstanding: 3,027,626
• 10 Day Avg. Volume: 4,400
• 30 Day Avg. Volume: 3,826
• PEG Ratio: 0.58
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.29
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 64 Neutral
• Price Target: ¥818.00 ▲(9.36%Upside)

The overall score reflects a combination of improving financial performance and favorable valuation, offset by weak technical indicators. Financial recovery is a key strength, while technical analysis points to potential bearish trends. The stock appears to be on a path to recovery but requires careful monitoring of leverage and market trends.

Titan Kogyo Kabushiki Kaisha Business Overview & Revenue Model

Company Description

Titan Kogyo Kabushiki Kaisha, also known as Titan Kogyo Co., Ltd., is a Japan-based company primarily engaged in the manufacture and sale of titanium dioxide pigments and functional materials. The company operates within the chemical sector, specializing in the production of high-quality materials that serve diverse industries including coatings, plastics, inks, and paper. Titan Kogyo is recognized for its technological expertise and commitment to quality, providing products that enhance the performance and aesthetic properties of end products.

How the Company Makes Money

Titan Kogyo Co., Ltd. generates its revenue primarily through the production and sale of titanium dioxide pigments. These pigments are widely used as opacifying agents in various products such as paints, coatings, plastics, and paper due to their ability to provide whiteness and opacity. The company's revenue model includes direct sales to manufacturers in these industries, supplying them with essential materials required in their production processes. Additionally, Titan Kogyo may engage in strategic partnerships and collaborations with other companies to enhance its market presence and expand its product offerings. The company's financial performance is significantly influenced by factors such as demand in construction and automotive sectors, raw material costs, and technological advancements in pigment production.

Titan Kogyo Kabushiki Kaisha Financial Statement Overview

Summary

Titan Kogyo Kabushiki Kaisha has shown signs of financial recovery in 2025, with improvements in profitability and margins. However, past challenges in maintaining stable profitability and increased leverage require careful management.

Income Statement

Titan Kogyo Kabushiki Kaisha has shown fluctuations in its revenue and profitability over recent years. The company experienced a decline in revenue from 2020 to 2022, followed by a slight recovery in 2025. The gross profit margin for 2025 is approximately 14.8%, indicating moderate efficiency in production costs. The net profit margin rebounded to 2.6% in 2025 from negative values in the prior year. EBIT and EBITDA margins have also improved, though they remain modest. Overall, while there are signs of improvement, the income statement reflects past challenges in maintaining stable profitability.

Balance Sheet

The balance sheet of Titan Kogyo Kabushiki Kaisha shows a stable equity base with a debt-to-equity ratio of approximately 1.28 in 2025, which indicates a moderate level of leverage. Return on equity improved to 3.9% in 2025, reflecting better profitability. The equity ratio stands at approximately 36.5%, indicating a solid proportion of equity financing. While the company maintains a balanced approach to leverage, the increase in total debt over the years could pose potential risks if not managed effectively.

Cash Flow

The company's cash flow performance has been mixed. Free cash flow in 2025 showed growth compared to 2024, indicating better cash management. The operating cash flow to net income ratio is 4.09, suggesting strong cash generation relative to net income. However, the free cash flow to net income ratio is 3.16, reflecting some challenges in converting net income into free cash flow. Overall, while there are positive signs of improvement, consistency in cash flow generation remains a key area for enhancement.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	8.24B	7.79B	7.95B	8.07B	8.15B	6.28B
Gross Profit	982.00M	1.16B	360.00M	1.45B	1.47B	988.00M
EBITDA	-36.50M	1.16B	-621.00M	1.24B	1.23B	631.00M
Net Income	-1.09B	200.00M	-1.68B	322.00M	265.00M	-178.00M
Balance Sheet
Total Assets	14.09B	13.99B	14.88B	16.76B	16.37B	15.70B
Cash, Cash Equivalents and Short-Term Investments	950.00M	825.00M	785.00M	402.00M	561.00M	586.00M
Total Debt	6.28B	6.53B	6.96B	7.41B	7.12B	4.27B
Total Liabilities	8.55B	8.34B	9.39B	9.66B	9.64B	9.26B
Stockholders Equity	5.01B	5.11B	4.99B	6.68B	6.33B	6.06B
Cash Flow
Free Cash Flow	0.00	632.00M	622.00M	-389.00M	-2.77B	-880.00M
Operating Cash Flow	0.00	817.00M	728.00M	-204.00M	687.00M	-149.00M
Investing Cash Flow	0.00	132.00M	187.00M	-180.00M	-3.45B	-770.00M
Financing Cash Flow	0.00	-909.00M	-512.00M	216.00M	2.74B	597.00M

Titan Kogyo Kabushiki Kaisha Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 748.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4098, the sentiment is Negative. The current price of 748 is below the 20-day moving average (MA) of 762.75, below the 50-day MA of 771.14, and below the 200-day MA of 796.74, indicating a bearish trend. The MACD of -3.59 indicates Positive momentum. The RSI at 39.25 is Neutral, neither overbought nor oversold. The STOCH value of 36.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4098.

Titan Kogyo Kabushiki Kaisha Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4116	79 Outperform	¥56.91B	5.28		4.74%	4.12%	192.18%
4028	74 Outperform	¥81.99B	9.33		4.14%	4.87%	5.07%
4092	73 Outperform	¥17.89B	6.99		4.53%	0.79%	60.97%
4112	73 Outperform	¥23.96B	7.34		3.07%	9.75%	28.00%
4098	64 Neutral	¥2.26B	11.10		1.34%	-2.00%	―
Sector *	58 Neutral	HK$17.12B	4.56	-6.43%	5.15%	-3.18%	-62.89%
4100	55 Neutral	¥7.86B	―		―	20.71%	0.54%