Aica Kogyo Company, Limited (4206) AI Stock Analysis

• Market Cap: ¥237.03B
• Dividend Yield: 3.75%
• Average Volume (3M): 149.82K
• Price to Earnings (P/E): 13.3
• Beta (1Y): 0.43
• Revenue Growth: 5.29%
• EPS Growth: 8.21%
• Country: JP
• Employees: 5,007
• Sector: Industrials
• Sector Strength: 72
• Industry: Conglomerates
• EPS (TTM): 71.52
• Shares Outstanding: 67,590,670
• 10 Day Avg. Volume: 135,810
• 30 Day Avg. Volume: 149,816
• PEG Ratio: 0.98
• Price to Book (P/B): 1.21
• Price to Sales (P/S): 0.84
• P/FCF Ratio: 11.31
• 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: 73 Outperform
• Price Target: ¥4,047.00 ▲(12.60% Upside)

Aica Kogyo's strong financial performance is the primary driver of its score, supported by solid profitability and low leverage. The valuation is favorable with a reasonable P/E ratio and attractive dividend yield. However, technical indicators suggest a lack of strong momentum, which slightly tempers the overall score.

Aica Kogyo Company, Limited Business Overview & Revenue Model

Company Description

Aica Kogyo Company, Limited (4206) is a leading manufacturer specializing in the production of chemical products, particularly in the fields of synthetic resins, adhesives, and various functional materials. The company operates across multiple sectors, including construction, automotive, and electronics, providing innovative solutions such as decorative laminates, insulation materials, and industrial adhesives. With a strong focus on research and development, Aica Kogyo aims to deliver high-quality products that meet the evolving needs of its diverse customer base.

How the Company Makes Money

Aica Kogyo generates revenue primarily through the sale of its chemical products and materials. Key revenue streams include the manufacturing and distribution of decorative laminates for the construction and interior design sectors, industrial adhesives for automotive and manufacturing applications, and functional materials for electronics. The company capitalizes on its extensive R&D capabilities to create advanced products that enhance performance and sustainability, which helps maintain competitive pricing and market share. Additionally, strategic partnerships with other manufacturers and suppliers facilitate broader market access and customer engagement, further contributing to its earnings.

Aica Kogyo Company, Limited Financial Statement Overview

Summary

Aica Kogyo demonstrates robust financial health with consistent revenue growth, strong profitability margins, and effective cash flow management. The balance sheet is solid with low leverage and strong equity backing, although there are minor concerns regarding cash flow reductions.

Income Statement

Aica Kogyo has shown consistent revenue growth with a 5.09% increase in the latest year. Gross profit margin stands at 26.18%, with a strong net profit margin of 6.79%, indicating robust profitability. EBIT and EBITDA margins of 11.02% and 14.33%, respectively, further underscore efficient operations. The company demonstrates a solid trend of increasing profitability over the years.

Balance Sheet

The company maintains a healthy balance sheet with a debt-to-equity ratio of 0.16, signifying low leverage and financial stability. Return on equity is solid at 9.74%, reflecting effective use of shareholder funds. An equity ratio of 60.21% indicates strong asset backing, though the decrease in cash reserves is a point of caution.

Cash Flow

Aica Kogyo's free cash flow grew by 3.32% year-over-year, alongside a strong operating cash flow to net income ratio of 1.58, showcasing effective cash generation. The free cash flow to net income ratio of 1.09 highlights positive cash conversion, though a decline in operating cash flow compared to the previous year warrants attention.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	251.62B	248.70B	236.63B	242.06B	214.51B	174.63B
Gross Profit	68.91B	65.14B	64.14B	56.80B	54.09B	49.53B
EBITDA	44.25B	35.63B	32.36B	27.14B	29.28B	25.05B
Net Income	17.23B	16.90B	15.13B	10.06B	13.12B	10.76B
Balance Sheet
Total Assets	278.39B	288.06B	274.74B	250.05B	240.39B	207.36B
Cash, Cash Equivalents and Short-Term Investments	57.25B	59.57B	62.02B	50.99B	47.18B	42.42B
Total Debt	26.72B	28.21B	28.54B	29.59B	16.64B	7.27B
Total Liabilities	94.67B	98.33B	98.20B	91.98B	77.66B	56.86B
Stockholders Equity	167.89B	173.39B	161.81B	145.22B	145.24B	134.81B
Cash Flow
Free Cash Flow	0.00	18.49B	19.37B	11.27B	4.25B	12.85B
Operating Cash Flow	0.00	26.75B	28.48B	19.85B	11.69B	19.71B
Investing Cash Flow	0.00	-11.12B	-7.57B	-9.06B	-8.34B	-9.76B
Financing Cash Flow	0.00	-16.79B	-11.17B	-9.36B	-1.11B	-9.18B

Aica Kogyo Company, Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3594.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4206, the sentiment is Positive. The current price of 3594 is below the 20-day moving average (MA) of 3626.30, below the 50-day MA of 3686.45, and above the 200-day MA of 3456.94, indicating a neutral trend. The MACD of -16.06 indicates Negative momentum. The RSI at 47.98 is Neutral, neither overbought nor oversold. The STOCH value of 28.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4206.

Aica Kogyo Company, Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8078	―	€260.49B	5.59	13.14%	3.49%	5.50%	28.80%
8020	―	¥252.55B	9.34	―	3.36%	3.81%	7.15%
4206	―	¥237.03B	13.30	―	3.75%	5.29%	8.21%
5706	―	$782.54B	21.37	11.71%	1.11%	6.34%	-19.70%
5393	―	$360.79B	11.72	14.50%	2.30%	0.72%	5.21%
Sector *	―	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
3401	―	¥259.23B	11.24	-19.42%	3.73%	-4.80%	75.22%

Aica Kogyo Company, Limited Corporate Events

Aica Kogyo Completes Share Repurchase

Aica Kogyo Company, Limited has completed the acquisition of its own shares, as decided by its Board of Directors. The company repurchased 102,900 common shares for JPY 376,269,400 through market purchases on the Tokyo Stock Exchange. This acquisition is part of a larger plan to repurchase up to 2,250,000 shares, with a total budget of JPY 6,000,000,000, aimed at optimizing capital structure and enhancing shareholder value.

The most recent analyst rating on (JP:4206) stock is a Buy with a Yen4131.00 price target. To see the full list of analyst forecasts on Aica Kogyo Company, Limited stock, see the JP:4206 Stock Forecast page.

Aica Kogyo Reports Progress on Treasury Share Acquisition

Aica Kogyo Company, Limited announced the status of its treasury share acquisition, having repurchased 271,500 of its common shares for JPY 1,035,098,800 between September 1 and September 30, 2025. This move is part of a broader plan approved by the Board of Directors to acquire up to 2,250,000 shares by the end of December 2025, aiming to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (JP:4206) stock is a Buy with a Yen4132.00 price target. To see the full list of analyst forecasts on Aica Kogyo Company, Limited stock, see the JP:4206 Stock Forecast page.

Aica Kogyo Announces Treasury Share Acquisition Status

Aica Kogyo Company, Limited announced the status of its treasury share acquisition, having repurchased 361,600 shares for JPY 1,357,758,800 between August 1 and August 31, 2025. This move is part of a broader strategy approved by the Board of Directors to acquire up to 2,250,000 shares by the end of December 2025, potentially impacting shareholder value and market positioning.

The most recent analyst rating on (JP:4206) stock is a Buy with a Yen4132.00 price target. To see the full list of analyst forecasts on Aica Kogyo Company, Limited stock, see the JP:4206 Stock Forecast page.

Aica Kogyo Reports Positive Q1 2025 Financial Results

Aica Kogyo Company, Limited reported a positive financial performance for the three months ending June 30, 2025, with net sales increasing by 5.1% year-on-year to ¥59,765 million. Despite a decrease in comprehensive income, the company showed growth in operating and ordinary profits, reflecting a strong operational performance. The company’s forecast for the fiscal year ending March 31, 2026, anticipates continued growth in net sales and profits, indicating a positive outlook for stakeholders.

Aica Kogyo Announces Treasury Share Acquisition Status

Aica Kogyo Company, Limited has announced the status of its treasury share acquisition, following a decision made by its Board of Directors on May 1, 2025. As of July 31, 2025, the company has repurchased 395,500 of its common shares at a total acquisition price of JPY 1,439,046,100 through market purchases on the Tokyo Stock Exchange. This move is part of a larger plan to acquire up to 2,250,000 shares, with an upper limit acquisition price of JPY 6,000,000,000, which is expected to impact the company’s financial strategy and shareholder value.