Harima Chemicals Group, Inc. (4410) AI Stock Analysis

• Market Cap: ¥20.01B
• Dividend Yield: 5.28%
• Average Volume (3M): 27.36K
• Price to Earnings (P/E): 25.3
• Beta (1Y): 0.67
• Revenue Growth: 9.40%
• EPS Growth: N/A
• Country: JP
• Employees: 1,734
• Sector: Basic Materials
• Sector Strength: 70
• Industry: Chemicals - Specialty
• EPS (TTM): 1.60
• Shares Outstanding: 26,080,397
• 10 Day Avg. Volume: 31,080
• 30 Day Avg. Volume: 27,363
• PEG Ratio: 0.63
• Price to Book (P/B): 0.59
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 68 Neutral
• Price Target: ¥870.00 ▲(9.43%Upside)

The stock shows a solid overall performance, driven by strong financial recovery and a healthy dividend yield. Technical indicators suggest cautious optimism, though the stock is trading slightly below key long-term averages, indicating potential resistance. Valuation appears reasonable, supported by a high dividend yield.

Harima Chemicals Group, Inc. Business Overview & Revenue Model

Company Description

Harima Chemicals Group, Inc. (4410) is a global chemical company headquartered in Japan, specializing in the production of pine chemical products. The company operates in various sectors, including chemicals, electronics, and paper manufacturing. Its core products include resins, paper chemicals, electronic materials, and aroma chemicals, which are derived from natural resources such as pine trees. Harima Chemicals Group is committed to sustainability and innovation, leveraging its expertise in chemistry to provide high-quality solutions to its diverse clientele.

How the Company Makes Money

Harima Chemicals Group, Inc. generates revenue through the sale of its chemical products and solutions across multiple industries. The company's primary revenue streams include sales of resins used in adhesives and inks, chemicals for paper manufacturing, and electronic materials for advanced technological applications. Additionally, they produce aroma chemicals for flavor and fragrance industries. The company's earnings are bolstered by strategic partnerships with manufacturers and distributors worldwide, enabling them to access a broad market base. Harima also invests in research and development to innovate and improve their product offerings, thereby maintaining competitiveness and driving revenue growth.

Harima Chemicals Group, Inc. Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	98.42B	92.33B	94.51B	76.09B	62.85B	71.80B
Gross Profit	21.37B	17.92B	19.21B	17.98B	14.96B	17.96B
EBITDA	4.55B	3.06B	5.22B	5.44B	4.93B	6.06B
Net Income	-328.00M	-1.16B	885.73M	1.75B	1.09B	2.22B
Balance Sheet
Total Assets	99.86B	98.58B	92.44B	78.91B	69.39B	71.40B
Cash, Cash Equivalents and Short-Term Investments	3.55B	6.85B	6.30B	6.63B	3.48B	4.01B
Total Debt	41.25B	39.37B	33.67B	21.50B	17.68B	17.91B
Total Liabilities	62.72B	57.70B	51.62B	38.80B	31.95B	33.65B
Stockholders Equity	36.50B	37.22B	37.10B	36.74B	34.57B	35.13B
Cash Flow
Free Cash Flow	0.00	-3.08B	-4.80B	-22.99M	712.74M	2.52B
Operating Cash Flow	0.00	353.00M	-466.24M	2.83B	3.01B	6.19B
Investing Cash Flow	0.00	-3.20B	-6.65B	-3.44B	-1.86B	-3.46B
Financing Cash Flow	0.00	2.90B	7.66B	2.11B	-1.56B	-2.05B

Harima Chemicals Group, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 795.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4410, the sentiment is Positive. The current price of 795 is above the 20-day moving average (MA) of 789.20, above the 50-day MA of 789.74, and below the 200-day MA of 825.87, indicating a neutral trend. The MACD of 1.00 indicates Negative momentum. The RSI at 55.85 is Neutral, neither overbought nor oversold. The STOCH value of 68.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4410.

Harima Chemicals Group, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4113	79 Outperform	¥17.54B	11.87		3.59%	4.85%	80.14%
4409	74 Outperform	¥17.32B	11.07		2.46%	5.96%	182.60%
4092	73 Outperform	¥17.89B	6.99		4.53%	0.79%	60.97%
4973	72 Outperform	¥17.29B	11.27		4.08%	10.43%	187.34%
4968	71 Outperform	¥20.55B	7.77		4.83%	11.10%	―
4410	68 Neutral	¥20.01B	25.27		5.28%	9.40%	―
Sector *	43 Neutral	AU$1.42B	-6.13	-40.62%	4.05%	-4.78%	-42.91%

Harima Chemicals Group, Inc. Corporate Events

Harima Chemicals Announces Consistent Dividend Distribution for FY2024

Harima Chemicals Group, Inc. announced a dividend distribution from surplus, maintaining a dividend per share of 21 yen for FY2024, consistent with the previous fiscal year. This decision reflects the company’s stable financial performance and commitment to returning value to shareholders, indicating a positive outlook for stakeholders.

Harima Chemicals Group Announces Senior Personnel Changes

Harima Chemicals Group, Inc. announced significant senior personnel changes, which were decided at the Board of Directors’ Meeting and will be finalized at the upcoming Shareholders’ Meeting. These changes include reassignments and new appointments in several key positions, reflecting the company’s strategic direction and potentially impacting its operational focus and market positioning.

Harima Chemicals Reports Lower-than-Expected Fiscal 2024 Results and Extraordinary Loss

Harima Chemicals Group, Inc. reported a significant discrepancy between its forecasted and actual consolidated results for fiscal 2024, with decreases in net sales, operating income, ordinary income, and net income attributable to the company. The decline was attributed to lower sales in the Lawter business due to reduced selling prices, increased raw material costs in the Electronic Materials sector, and higher overseas interest expenses. Additionally, an extraordinary loss was recorded due to an impairment of assets in its New Zealand subsidiary, impacting the company’s financial performance.

Harima Chemicals Reports Strong Financial Recovery for FY 2025

Harima Chemicals Group, Inc. reported a significant improvement in its financial performance for the fiscal year ended March 31, 2025, with net sales increasing by 9.4% to 101,006 million yen. The company also returned to profitability, posting a net income of 763 million yen compared to a loss in the previous year. This positive turnaround is attributed to strategic operational adjustments and market conditions, positioning the company favorably for future growth.