Fuso Chemical Co., Ltd. (JP:4368)
:4368
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Fuso Chemical Co., Ltd.
(4368)
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Rating:79Outperform
Price Target:
¥3,481.00
▼(-45.52% Downside)
Action:ReiteratedDate:02/08/26
The score is driven primarily by strong fundamentals—high margins, improving profitability, and a low-leverage balance sheet—supported by a bullish technical uptrend. These positives are tempered by only moderate valuation (P/E ~20.8 and ~1.0% yield) and historically volatile cash flow/revenue momentum.
Positive Factors
High and improving profitability
Sustained high margins indicate differentiated specialty-chemical products and pricing power. Improved operating and net margins versus prior years point to durable operating leverage, supporting cash generation and reinvestment capacity across a 2–6 month horizon.
Negative Factors
Volatile cash flow history
Historic swings into negative FCF illustrate that working capital needs or episodic investments can quickly reverse cash generation. Cash volatility undermines predictability for capital allocation and raises execution risk if adverse conditions recur.
Read all positive and negative factors
Positive Factors
Negative Factors
High and improving profitability
Sustained high margins indicate differentiated specialty-chemical products and pricing power. Improved operating and net margins versus prior years point to durable operating leverage, supporting cash generation and reinvestment capacity across a 2–6 month horizon.
Read all positive factors
Fuso Chemical Co., Ltd. (4368) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥318.48B
Dividend Yield1.23%
Average Volume (3M)88.52K
Price to Earnings (P/E)14.7
Beta (1Y)0.85
Revenue Growth8.80%
EPS Growth33.39%
CountryJP
Employees930
SectorBasic Materials
Sector Strength58
IndustryChemicals
Share Statistics
EPS (TTM)36.01
Shares Outstanding106,533,000
10 Day Avg. Volume99,450
30 Day Avg. Volume88,523
Financial Highlights & Ratios
PEG Ratio0.27
Price to Book (P/B)1.17
Price to Sales (P/S)1.74
P/FCF Ratio27.72
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)137.08
Revenue Forecast (FY)¥84.22B
Fuso Chemical Co., Ltd. Business Overview & Revenue Model
Company Description
Fuso Chemical Co., Ltd. (4368) is a Japan-based company primarily engaged in the manufacturing and distribution of specialty chemicals. The company operates across various sectors, including electronics, automotive, and pharmaceuticals, providing ...
How the Company Makes Money
Fuso Chemical generates revenue primarily by manufacturing and selling specialty chemical products to corporate customers (B2B). Its main earnings driver is product sales, where it captures value through (1) formulation and process know-how for hi...
Fuso Chemical Co., Ltd. Financial Statement Overview
Summary
Income Statement
83
Very Positive
Balance Sheet
86
Very Positive
Cash Flow
74
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 75.01B | 69.50B | 58.97B | 68.46B | 55.76B | 42.21B |
| Gross Profit | 28.31B | 25.97B | 20.57B | 28.41B | 23.08B | 16.35B |
| EBITDA | 28.44B | 24.71B | 19.29B | 24.42B | 20.17B | 14.76B |
| Net Income | 13.14B | 11.62B | 8.34B | 14.13B | 10.89B | 6.81B |
Balance Sheet | ||||||
| Total Assets | 149.42B | 141.50B | 133.74B | 113.53B | 92.01B | 76.03B |
| Cash, Cash Equivalents and Short-Term Investments | 36.73B | 31.30B | 31.47B | 23.41B | 24.36B | 25.71B |
| Total Debt | 18.00B | 20.07B | 20.01B | 24.82M | 19.77M | 21.87M |
| Total Liabilities | 36.28B | 37.45B | 38.72B | 26.03B | 16.71B | 9.86B |
| Stockholders Equity | 113.14B | 104.05B | 95.03B | 87.50B | 75.30B | 66.17B |
Cash Flow | ||||||
| Free Cash Flow | 18.12B | 4.38B | -7.87B | 498.10M | 973.26M | 11.00B |
| Operating Cash Flow | 21.78B | 22.73B | 7.08B | 13.93B | 10.20B | 12.82B |
| Investing Cash Flow | -8.85B | -20.57B | -18.60B | -13.42B | -9.38B | -2.62B |
| Financing Cash Flow | -4.80B | -2.41B | 17.66B | -2.12B | -2.88B | -1.64B |
Fuso Chemical Co., Ltd. Technical Analysis
Positive
6390.00
Price Trends
2876.47
Positive
2503.41
Positive
2004.23
Positive
Market Momentum
7.14
Negative
54.03
Neutral
76.23
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4368, the sentiment is Positive. The current price of 6390 is above the 20-day moving average (MA) of 2910.22, above the 50-day MA of 2876.47, and above the 200-day MA of 2004.23, indicating a bullish trend. The MACD of 7.14 indicates Negative momentum. The RSI at 54.03 is Neutral, neither overbought nor oversold. The STOCH value of 76.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4368.
Fuso Chemical Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥318.48B | 14.74 | ― | 1.23% | 8.80% | 33.39% | |
75 Outperform | ¥857.06B | 14.76 | 19.69% | 3.15% | 10.06% | 18.03% | |
74 Outperform | ¥202.44B | 8.69 | ― | 4.09% | 1.69% | 0.94% | |
69 Neutral | ¥337.36B | 10.96 | ― | 5.28% | -0.47% | 25.41% | |
66 Neutral | ¥760.52B | 10.74 | 4.79% | 4.21% | -1.21% | -27.21% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | ¥324.97B | 36.21 | -4.00% | 3.71% | 0.24% | -234.36% |
* Basic Materials Sector Average
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Fuso Chemical Co., Ltd. Corporate Events
Fuso Chemical to Invest ¥40 Billion in Kyoto Plant to Boost Semiconductor Materials Output
Mar 13, 2026
Fuso Chemical Co., Ltd. has approved a major capital investment to expand production of ultra-high-purity colloidal silica at its Kyoto Plant, responding to sustained global growth in semiconductor demand. The company has already completed earlier...
Fuso Chemical Restructures Growth Strategy, Disbands Business Development Department
Feb 25, 2026
Fuso Chemical Co., Ltd. has announced an internal reorganization in which its Business Development Department will be discontinued, with responsibility for developing the company’s third core strategic area transferred to the Life Science Bu...
Fuso Chemical Announces Structural Overhaul and Leadership Realignment
Feb 17, 2026
Fuso Chemical Co., Ltd. will restructure parts of its Life Science and Electronic Materials business units from April 1, 2026, integrating overseas subsidiaries directly under the Life Science Business Unit, creating a new Purchasing and Sales Adm...
Fuso Chemical Announces Three-for-One Stock Split and Tripling of Authorized Shares
Feb 6, 2026
Fuso Chemical Co., Ltd. will implement a three-for-one stock split of its common shares, effective April 1, 2026, for shareholders of record on March 31, 2026, tripling the number of issued shares from 35,511,000 to 106,533,000 while leaving total...
Fuso Chemical Delivers Higher Nine-Month Profits and Confirms Upgraded Dividend Payout
Feb 6, 2026
Fuso Chemical reported solid growth for the nine months ended 31 December 2025, with net sales rising 10.5% year-on-year to ¥57.93 billion and profit attributable to owners of parent climbing 16.6% to ¥10.69 billion, underscoring improve...
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.