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Dai Nippon Toryo Company, Limited (JP:4611)
:4611
Japanese Market

Dai Nippon Toryo Company, Limited (4611) AI Stock Analysis

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JP:4611

Dai Nippon Toryo Company, Limited

(4611)

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Outperform 74 (OpenAI - 5.2)
Rating:74Outperform
Price Target:
¥1,586.00
▲(17.74% Upside)
Action:ReiteratedDate:10/31/25
The stock's overall score is driven by strong financial performance and attractive valuation metrics. While technical analysis indicates some short-term bearish trends, the low P/E ratio and solid dividend yield suggest potential for long-term value. The absence of recent earnings call data and corporate events limits additional insights.
Positive Factors
Balance sheet strength
Low leverage and a solid equity ratio provide a durable financial cushion against industry cyclicality. Robust ROE shows effective capital allocation, supporting reinvestment into product development and steady shareholder returns while preserving flexibility for strategic initiatives over the medium term.
Negative Factors
Negative free cash flow
Persistent negative free cash flow suggests capital spending or working capital is outpacing cash generation, which can erode liquidity over time. Unless addressed, this reduces flexibility to fund dividends, repay debt, or pursue strategic investments without raising external capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Low leverage and a solid equity ratio provide a durable financial cushion against industry cyclicality. Robust ROE shows effective capital allocation, supporting reinvestment into product development and steady shareholder returns while preserving flexibility for strategic initiatives over the medium term.
Read all positive factors

Dai Nippon Toryo Company, Limited (4611) vs. iShares MSCI Japan ETF (EWJ)

Dai Nippon Toryo Company, Limited Business Overview & Revenue Model

Company Description
Dai Nippon Toryo Company,Limited manufactures and sells coatings and jet inks in Japan and internationally. It offers anticorrosive coatings for steel frames of buildings, bridges, industrial plants, and concrete structures; and decorative coating...
How the Company Makes Money
Dai Nippon Toryo generates revenue primarily through the sale of its paints and coatings, which are utilized across various industries, including automotive, construction, and manufacturing. The company has established key revenue streams through ...

Dai Nippon Toryo Company, Limited Financial Statement Overview

Summary
Dai Nippon Toryo Company, Limited exhibits strong financial health with consistent profitability and a solid balance sheet. However, the negative free cash flow raises concerns about capital expenditure efficiency and cash management.
Income Statement
75
Positive
Balance Sheet
80
Positive
Cash Flow
70
Positive
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue77.33B72.51B71.94B72.85B66.95B62.48B
Gross Profit23.23B22.46B21.80B20.62B19.66B18.48B
EBITDA13.98B14.33B9.74B7.38B6.22B5.26B
Net Income8.66B9.44B4.60B3.46B2.03B1.97B
Balance Sheet
Total Assets133.27B133.34B101.62B92.81B87.70B85.77B
Cash, Cash Equivalents and Short-Term Investments11.75B12.65B8.43B6.86B6.78B7.00B
Total Debt15.12B12.22B6.10B6.18B5.54B7.45B
Total Liabilities59.10B57.17B39.13B37.59B35.71B34.90B
Stockholders Equity63.35B65.17B59.71B52.20B49.26B48.31B
Cash Flow
Free Cash Flow0.00-1.01B-739.00M-1.88B1.87B738.00M
Operating Cash Flow0.003.57B3.46B1.28B3.36B3.64B
Investing Cash Flow0.00-364.00M-772.00M-1.45B-966.00M-2.33B
Financing Cash Flow0.00-75.00M-1.66B-473.00M-2.84B499.00M

Dai Nippon Toryo Company, Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1347.00
Price Trends
50DMA
1315.13
Negative
100DMA
1292.71
Positive
200DMA
1245.86
Positive
Market Momentum
MACD
-4.46
Negative
RSI
55.55
Neutral
STOCH
87.28
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4611, the sentiment is Positive. The current price of 1347 is above the 20-day moving average (MA) of 1250.73, above the 50-day MA of 1315.13, and above the 200-day MA of 1245.86, indicating a neutral trend. The MACD of -4.46 indicates Negative momentum. The RSI at 55.55 is Neutral, neither overbought nor oversold. The STOCH value of 87.28 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4611.

Dai Nippon Toryo Company, Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
¥553.31B20.623.26%11.78%8.98%
74
Outperform
¥36.94B15.613.70%14.83%51.42%
74
Outperform
¥165.46B8.766.23%1.11%2.88%16.60%
69
Neutral
¥2.38T13.6611.64%1.52%9.81%32.64%
68
Neutral
¥420.46B7.9013.71%3.38%0.29%27.84%
65
Neutral
¥357.42B10.698.14%2.61%-1.45%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:4611
Dai Nippon Toryo Company, Limited
1,304.00
208.21
19.00%
JP:4613
Kansai Paint Co
2,492.00
490.24
24.49%
JP:4612
Nippon Paint Holdings Co
1,013.00
-20.33
-1.97%
JP:4631
DIC
3,776.00
1,311.37
53.21%
JP:4628
SK Kaken Co
10,860.00
2,354.51
27.68%
JP:4626
Taiyo Holdings Co., Ltd.
4,742.00
2,556.98
117.02%

Dai Nippon Toryo Company, Limited Corporate Events

Dai Nippon Toryo Director Resigns to Take Executive Role at Subsidiary
Mar 3, 2026
Dai Nippon Toryo Co., Ltd. announced that Director Masayuki Nakatani will resign from the board effective March 31, 2026. The company clarified that this leadership change will not affect its compliance with legal or Articles of Incorporation requ...
Dai Nippon Toryo Corrects Subsidiary Financial Data in FY2026 Forecast Revision Notice
Feb 27, 2026
Dai Nippon Toryo Co., Ltd., a Japanese coatings manufacturer listed on the TSE Prime, operates globally with wholly owned production and sales bases such as DNT (Zhejiang) Co., Ltd. in China. The group supplies coatings and raw materials across in...
Dai Nippon Toryo Exits Key China Subsidiary to Refocus on Profit Growth
Feb 26, 2026
Dai Nippon Toryo has decided to transfer all equity in its Chinese subsidiary DNT (Zhejiang) Co., Ltd. to Chugoku Marine Paints’ Hong Kong unit, effectively ending its long-running effort to revive its Chinese coatings business. The move fol...
Dai Nippon Toryo Reshapes Organization and Executive Lineup to Drive Vision 2029 Growth
Feb 25, 2026
Dai Nippon Toryo will implement organizational reforms and rename several Japanese divisions, including its coating, specialty, technical development, and production units, effective April 1, 2026, to unify organizational naming and strengthen str...
Dai Nippon Toryo to Scrap Anti-Takeover Plan and Revise Articles
Feb 25, 2026
Dai Nippon Toryo will end its long-standing anti-takeover plan when it expires at the close of the 143rd Ordinary General Meeting of Shareholders scheduled for June 24, 2026. The company also plans to delete related anti-takeover provisions from i...
Dai Nippon Toryo Sales Surge but Profits Slide, Dividend Hike Maintained
Feb 10, 2026
Dai Nippon Toryo reported consolidated net sales of ¥70.25 billion for the nine months ended December 31, 2025, up 27.5% year on year, but operating profit fell 24.5% to ¥2.99 billion and profit attributable to owners of parent dropped 4...
Dai Nippon Toryo to Relocate Osaka Head Office to Boost Collaboration and Efficiency
Jan 28, 2026
Dai Nippon Toryo Co., Ltd. has resolved to relocate its head office within Chuo-ku, Osaka, moving from Minami-Semba to a new address in Hiranomachi in October 2026. The company aims to consolidate head office functions onto a single floor at the n...
Dai Nippon Toryo Completes Acquisition and Renames Fluororesin Coatings Subsidiary BONNFLON
Dec 22, 2025
Dai Nippon Toryo has completed the previously announced acquisition of all shares in AGC COAT-TECH Co., Ltd., a manufacturer and seller of fluororesin paints and coatings for construction, industrial anti-corrosion uses, and electronic parts and f...
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.Date of analysis: Oct 31, 2025