SHIKOKU KASEI HOLDINGS CORPORATION (JP:4099)
:4099
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SHIKOKU KASEI HOLDINGS CORPORATION
(4099)
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Rating:68Neutral
Price Target:
¥5,559.00
▲(102.00% Upside)
Action:DowngradedDate:04/02/26
The score is supported primarily by strong profitability and a conservative balance sheet, but is held back by weak cash conversion/volatile free cash flow and mixed-to-soft technical momentum. Valuation is reasonable (P/E ~12), while the dividend yield is modest.
Positive Factors
Strong Profitability
High gross and operating margins (~43% gross, ~15% EBIT) indicate structural pricing power and operational efficiency in the specialty chemicals business. These sustained margins provide an earnings buffer, fund reinvestment and dividends, and help the company better withstand commodity and demand volatility over the medium term.
Negative Factors
Weak Cash Conversion
Operating-cash-to-net-income of ~0.39 and historically volatile free cash flow reduce the reliability of reported earnings. Weak cash conversion constrains the company's ability to sustainably fund dividends, capex or debt reduction without relying on working-capital swings or one-off items, raising execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Profitability
High gross and operating margins (~43% gross, ~15% EBIT) indicate structural pricing power and operational efficiency in the specialty chemicals business. These sustained margins provide an earnings buffer, fund reinvestment and dividends, and help the company better withstand commodity and demand volatility over the medium term.
Read all positive factors
SHIKOKU KASEI HOLDINGS CORPORATION (4099) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥224.66B
Dividend Yield1.81%
Average Volume (3M)117.54K
Price to Earnings (P/E)14.2
Beta (1Y)1.02
Revenue Growth-0.52%
EPS Growth5.18%
CountryJP
Employees1,276
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)N/A
Shares Outstanding44,869,564
10 Day Avg. Volume89,680
30 Day Avg. Volume117,536
Financial Highlights & Ratios
PEG Ratio15.63
Price to Book (P/B)1.28
Price to Sales (P/S)1.70
P/FCF Ratio31.66
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)226.6
Revenue Forecast (FY)¥74.00B
SHIKOKU KASEI HOLDINGS CORPORATION Business Overview & Revenue Model
Company Description
SHIKOKU KASEI HOLDINGS CORPORATION (4099) is a prominent Japanese company specializing in the manufacture and distribution of chemical products. The company operates primarily in the chemical sector, focusing on the production of specialty chemica...
How the Company Makes Money
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SHIKOKU KASEI HOLDINGS CORPORATION Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
83
Very Positive
Cash Flow
62
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 68.44B | 70.70B | 69.49B | 63.12B | 61.47B | 54.14B |
| Gross Profit | 28.31B | 30.65B | 27.67B | 23.64B | 25.09B | 22.77B |
| EBITDA | 11.38B | 14.41B | 15.69B | 14.75B | 12.67B | 11.40B |
| Net Income | 8.51B | 8.46B | 8.81B | 7.85B | 7.08B | 6.88B |
Balance Sheet | ||||||
| Total Assets | 128.60B | 144.72B | 135.83B | 131.05B | 119.04B | 113.81B |
| Cash, Cash Equivalents and Short-Term Investments | 39.26B | 47.43B | 48.41B | 47.45B | 39.68B | 38.76B |
| Total Debt | 21.43B | 24.36B | 30.56B | 22.23B | 20.16B | 15.66B |
| Total Liabilities | 41.90B | 50.11B | 51.66B | 44.17B | 37.23B | 32.90B |
| Stockholders Equity | 85.87B | 93.80B | 83.38B | 86.16B | 81.32B | 80.05B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 3.80B | 5.02B | 7.93B | -126.00M | 917.00M |
| Operating Cash Flow | 0.00 | 10.98B | 9.02B | 12.95B | 2.92B | 5.09B |
| Investing Cash Flow | 0.00 | 2.22B | -15.55B | -3.56B | -3.67B | -5.09B |
| Financing Cash Flow | 0.00 | -11.54B | -3.72B | -2.81B | 1.42B | -1.81B |
SHIKOKU KASEI HOLDINGS CORPORATION Technical Analysis
Positive
2752.00
Price Trends
4756.80
Positive
3773.87
Positive
2994.10
Positive
Market Momentum
47.79
Negative
56.17
Neutral
93.96
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4099, the sentiment is Positive. The current price of 2752 is below the 20-day moving average (MA) of 4763.00, below the 50-day MA of 4756.80, and below the 200-day MA of 2994.10, indicating a bullish trend. The MACD of 47.79 indicates Negative momentum. The RSI at 56.17 is Neutral, neither overbought nor oversold. The STOCH value of 93.96 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4099.
SHIKOKU KASEI HOLDINGS CORPORATION Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥175.14B | 10.40 | ― | 3.50% | 3.85% | -1.53% | |
74 Outperform | ¥172.09B | 14.73 | ― | 2.84% | 6.06% | 19.76% | |
74 Outperform | ¥310.05B | 9.05 | 5.47% | 3.41% | 2.60% | 9.50% | |
74 Outperform | ¥165.46B | 8.76 | 6.23% | 1.11% | 2.88% | 16.60% | |
68 Neutral | ¥224.66B | 14.21 | ― | 1.81% | -0.52% | 5.18% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | ¥158.01B | 9.97 | 4.24% | 3.76% | -7.81% | 25.04% |
* Basic Materials Sector Average
JP:4099
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SHIKOKU KASEI HOLDINGS CORPORATION Corporate Events
Shikoku Kasei Lifts Profit Margins, Ups Dividend and Forecasts Strong Growth for 2026
Mar 13, 2026
Shikoku Kasei Holdings reported fiscal 2025 consolidated net sales of ¥70.7 billion, up 1.7% year on year, with operating profit rising 11.6% to ¥10.9 billion and ordinary profit up 10.6%, while profit attributable to owners of parent sl...
Shikoku Kasei Completes Acquisition of Indonesian Subsidiary PT Timuraya Tunggal
Feb 26, 2026
Shikoku Kasei Holdings Corporation has completed the acquisition of all shares of PT Timuraya Tunggal in Indonesia, converting the local company into its wholly owned subsidiary as of February 26, 2026. The move deepens the group’s footprint...
Shikoku Kasei to Abolish Takeover Defense and Amend Articles of Incorporation
Jan 29, 2026
SHIKOKU KASEI HOLDINGS CORPORATION announced that it will abolish its takeover defense measures against large-scale acquisitions of its shares when the measures’ effective period expires at the close of its 106th Annual General Meeting of Sh...
Shikoku Kasei Lifts Dividend as Profit Margin Improves and Sets Strong 2026 Growth Outlook
Jan 29, 2026
Shikoku Kasei Holdings reported modest top-line growth for the fiscal year ended December 31, 2025, with net sales up 1.7% to ¥70.7 billion and operating profit rising 11.6% to ¥10.9 billion, while profit attributable to owners of parent...
Shikoku Kasei Lifts FY2025 Profit Outlook and Hikes Dividend Forecast
Jan 15, 2026
Shikoku Kasei Holdings has raised its full-year 2025 consolidated forecasts, citing strong performance in fine chemicals within its core Chemicals operations and improved margins on export transactions aided by a weaker yen. The company now expect...
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.