Titan Kogyo Kabushiki Kaisha (4098) AI Stock Analysis

• Market Cap: ¥2.31B
• Dividend Yield: 1.32%
• Average Volume (3M): 2.90K
• Price to Earnings (P/E): 11.3
• Beta (1Y): 0.37
• Revenue Growth: -2.00%
• EPS Growth: N/A
• Country: JP
• Employees: 304
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Chemicals - Specialty
• EPS (TTM): -1.90
• Shares Outstanding: 3,027,626
• 10 Day Avg. Volume: 2,000
• 30 Day Avg. Volume: 2,903
• PEG Ratio: 0.10
• Price to Book (P/B): 0.44
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥821.00
• Price Target Upside: 7.32% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 64 Neutral
• Price Target: ¥816.00 ▲(6.67%Upside)

The overall score reflects the company's financial recovery, particularly in 2025, with improvements in profitability and a stable balance sheet. Technical indicators present a mixed picture with potential overbought signals, while valuation metrics suggest reasonable pricing. Continued focus on operational efficiency and debt management will be important for sustained growth.

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 manufacturing and sales of titanium dioxide products. The company operates in the chemical sector, offering a range of products that include titanium dioxide pigments, electronic materials, and functional materials. These products are used across various industries, such as paints, plastics, paper, and electronics, highlighting the company's focus on high-quality chemical solutions that meet diverse industrial needs.

How the Company Makes Money

Titan Kogyo makes money through the production and sale of titanium dioxide, which is a key component in many industrial applications due to its whitening and opacity properties. The company's revenue streams are diversified across different industries, with significant sales coming from sectors like paint and coatings, plastics, and paper industries where titanium dioxide is utilized extensively. Additionally, the company engages in the production of electronic materials and functional materials, which serve specific industrial needs, further enhancing its revenue base. Strategic partnerships with industrial manufacturers and continuous innovation in product offerings contribute significantly to Titan Kogyo's earnings, enabling it to maintain a competitive edge in the chemical manufacturing market.

Titan Kogyo Kabushiki Kaisha Financial Statement Overview

Summary

Titan Kogyo Kabushiki Kaisha shows signs of financial recovery with improved margins and a return to profitability in 2025. However, past challenges in stability and increased leverage remain areas of concern.

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

Titan Kogyo Kabushiki Kaisha Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 765.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4098, the sentiment is Neutral. The current price of 765 is above the 20-day moving average (MA) of 755.20, above the 50-day MA of 762.34, and below the 200-day MA of 786.61, indicating a neutral trend. The MACD of -0.06 indicates Negative momentum. The RSI at 53.23 is Neutral, neither overbought nor oversold. The STOCH value of 93.75 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	¥60.95B	5.65		3.72%	4.12%	192.18%
4112	74 Outperform	¥25.30B	7.75		4.41%	9.75%	28.00%
4028	74 Outperform	¥87.42B	9.95		3.88%	4.87%	5.07%
4092	71 Outperform	¥19.04B	7.44		3.81%	0.79%	60.97%
4098	64 Neutral	¥2.31B	11.35		1.32%	-2.00%	―
4100	55 Neutral	¥7.81B	―		―	20.71%	0.54%
Sector *	44 Neutral	AU$1.49B	-6.14	-41.46%	4.16%	-2.94%	-41.86%