Aica Kogyo Company, Limited (JP:4206)
:4206
Top Page
Aica Kogyo Company, Limited
(4206)
Select Model
Select Model
Rating:73Outperform
Price Target:
¥4,469.00
▲(27.03% Upside)
Action:ReiteratedDate:11/01/25
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.
Positive Factors
Low leverage and strong equity backing
A very low debt-to-equity ratio and a high equity ratio provide durable financial flexibility, lowering refinancing and solvency risk. This balance-sheet strength supports capex, dividend stability, and selective M&A or product investment over the next several quarters.
Negative Factors
Decline in cash reserves
A fall in cash reserves reduces the company's immediate liquidity buffer, limiting flexibility to fund unexpected working-capital needs or to seize strategic opportunities. Even with low leverage, declining cash can tighten near-term operational options if the trend continues.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage and strong equity backing
A very low debt-to-equity ratio and a high equity ratio provide durable financial flexibility, lowering refinancing and solvency risk. This balance-sheet strength supports capex, dividend stability, and selective M&A or product investment over the next several quarters.
Read all positive factors
Aica Kogyo Company, Limited (4206) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥241.41B
Dividend Yield3.9%
Average Volume (3M)178.31K
Price to Earnings (P/E)9.2
Beta (1Y)0.42
Revenue Growth2.65%
EPS Growth7.16%
CountryJP
Employees5,007
SectorIndustrials
Sector Strength72
IndustryConglomerates
Share Statistics
EPS (TTM)95.37
Shares Outstanding67,590,670
10 Day Avg. Volume196,960
30 Day Avg. Volume178,310
Financial Highlights & Ratios
PEG Ratio0.98
Price to Book (P/B)1.21
Price to Sales (P/S)0.84
P/FCF Ratio11.31
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)315.81
Revenue Forecast (FY)¥270.33B
Aica Kogyo Company, Limited Business Overview & Revenue Model
Company Description
Aica Kogyo Company, Limited develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally. The company offers chemical products, including exterior and interior finishing coating materials, orga...
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 adh...
Aica Kogyo Company, Limited Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 251.62B | 248.70B | 236.63B | 242.06B | 214.51B | 174.63B |
| Gross Profit | 68.91B | 67.91B | 64.14B | 56.80B | 54.09B | 49.53B |
| EBITDA | 27.27B | 35.62B | 33.08B | 25.98B | 28.29B | 24.07B |
| Net Income | 17.23B | 16.90B | 15.13B | 10.06B | 13.12B | 10.76B |
Balance Sheet | ||||||
| Total Assets | 278.39B | 288.06B | 274.74B | 252.69B | 242.15B | 209.12B |
| Cash, Cash Equivalents and Short-Term Investments | 57.25B | 65.67B | 62.02B | 50.99B | 47.18B | 42.42B |
| Total Debt | 26.72B | 30.63B | 30.49B | 30.30B | 17.22B | 8.16B |
| Total Liabilities | 94.67B | 98.33B | 98.19B | 94.62B | 79.42B | 58.62B |
| Stockholders Equity | 167.89B | 173.39B | 161.81B | 145.23B | 145.25B | 134.81B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 18.49B | 20.01B | 12.21B | 4.99B | 14.15B |
| 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
Positive
3518.00
Price Trends
3661.48
Positive
3542.71
Positive
3556.49
Positive
Market Momentum
-1.77
Negative
55.00
Neutral
77.23
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 3518 is below the 20-day moving average (MA) of 3628.41, below the 50-day MA of 3661.48, and below the 200-day MA of 3556.49, indicating a bullish trend. The MACD of -1.77 indicates Negative momentum. The RSI at 55.00 is Neutral, neither overbought nor oversold. The STOCH value of 77.23 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
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥552.03B | 12.74 | 13.63% | 1.95% | -1.33% | 9.21% | |
75 Outperform | ¥147.46B | 9.78 | ― | 2.66% | -1.63% | 67.13% | |
73 Outperform | ¥241.41B | 9.23 | ― | 3.90% | 2.65% | 7.16% | |
71 Outperform | ¥1.07T | 16.83 | 7.53% | 3.13% | 1.90% | -6.73% | |
65 Neutral | ¥246.02B | 14.72 | 8.35% | 2.73% | 3.35% | 810.44% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
53 Neutral | ¥322.52B | -15.81 | -20.43% | 3.72% | -8.20% | ― |
* Industrials Sector Average
JP:4206
Aica Kogyo Company, Limited
3,697.00
583.19
18.73%
JP:5393
Nichias
2,913.00
1,481.05
103.43%
JP:3105
Nisshinbo Holdings
1,564.50
789.89
101.97%
JP:4204
Sekisui Chemical Co
2,651.50
367.56
16.09%
JP:3401
Teijin
1,679.00
540.09
47.42%
JP:3106
KURABO INDUSTRIES LTD.
9,200.00
4,009.34
77.24%
Aica Kogyo Company, Limited Corporate Events
Aica Kogyo Announces 2026 Executive and Board Appointments to Strengthen Governance
Mar 3, 2026
Aica Kogyo Company, Limited has announced a slate of executive appointments, including directors, audit and supervisory committee members, and executive officers, with key changes taking effect on April 1 and June 23, 2026. The appointments are su...
Aica Kogyo Raises FY2026 Dividend Forecast on Record Earnings
Feb 3, 2026
Aica Kogyo Company, Limited has revised upward its dividend forecast for the fiscal year ending March 31, 2026, after posting record-high consolidated results through the third quarter in net sales, operating profit, ordinary profit, and profit at...
Aica Kogyo Posts Record-High Nine-Month Sales and Profits, Extending Five-Year Growth Streak
Feb 3, 2026
Aica Kogyo reported record-high consolidated net sales and profits for the nine months ended December 31, 2025, underscoring the continued strength of its core businesses. Net sales rose 0.8% year-on-year to ¥186.2 billion, while operating pr...
Aica Kogyo Lifts Dividend Forecast on Steady Nine-Month Profit Growth
Feb 3, 2026
Aica Kogyo reported marginally higher consolidated net sales of ¥186.2 billion for the nine months ended December 31, 2025, up 0.8% year on year, with operating profit rising 4.2% to ¥22.1 billion and profit attributable to owners of par...
Aica Kogyo to Make India’s Stylam Industries a Consolidated Subsidiary in Global HPL Expansion Drive
Dec 26, 2025
Aica Kogyo has resolved to acquire a 40.00% to 53.12% stake in India’s Stylam Industries Limited, a leading domestic and global HPL manufacturer, via share transfers from promoter shareholders and a public open offer under Indian takeover ru...
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.