Taiyo Holdings Co., Ltd. (JP:4626)
:4626
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Taiyo Holdings Co., Ltd.
(4626)
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Rating:75Outperform
Price Target:
¥5,263.00
▼(-30.20% Downside)
Action:ReiteratedDate:02/26/26
The score is driven primarily by strong financial performance (growth, healthy margins, and very strong free cash flow generation). Technicals are supportive overall given the stock’s position above key longer-term moving averages, though near-term momentum is mixed. The main constraint is valuation, with a high P/E that reduces the score despite a moderate dividend yield.
Positive Factors
Revenue & margin strength
Consistent top-line growth with high gross margins and improving net margins indicates durable product pricing power and operational efficiency. Strong EBIT/EBITDA margins show the business can sustain profitability through cycles and reinvestment over the next several months.
Negative Factors
End-market cyclicality
Revenue and shipment volumes are directly linked to electronics manufacturers’ production cycles. Demand swings in smartphones, PCs, or consumer electronics can materially reduce near-term volumes and pressure utilization, making revenue patterns vulnerable over the coming 2–6 months.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue & margin strength
Consistent top-line growth with high gross margins and improving net margins indicates durable product pricing power and operational efficiency. Strong EBIT/EBITDA margins show the business can sustain profitability through cycles and reinvestment over the next several months.
Read all positive factors
Taiyo Holdings Co., Ltd. (4626) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥553.31B
Dividend Yield3.26%
Average Volume (3M)284.24K
Price to Earnings (P/E)20.6
Beta (1Y)0.43
Revenue Growth11.78%
EPS Growth8.98%
CountryJP
Employees2,210
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)N/A
Shares Outstanding116,839,615
10 Day Avg. Volume318,860
30 Day Avg. Volume284,240
Financial Highlights & Ratios
PEG Ratio1.01
Price to Book (P/B)2.61
Price to Sales (P/S)2.26
P/FCF Ratio15.46
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)N/A
Revenue Forecast (FY)N/A
Taiyo Holdings Co., Ltd. Business Overview & Revenue Model
Company Description
Taiyo Holdings Co., Ltd., together with its subsidiaries, engages in the electronics materials business worldwide. The company offers printed wiring boards, such as rigid board materials comprising liquid solder resist, legend ink, plating resist,...
How the Company Makes Money
Taiyo Holdings primarily makes money by selling specialty electronic materials to electronics manufacturers and related supply-chain customers. Its main revenue stream is the manufacture and sale of solder resist and other functional inks/coatings...
Taiyo Holdings Co., Ltd. Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 121.33B | 119.01B | 104.78B | 97.34B | 97.97B | 80.99B |
| Gross Profit | 57.23B | 56.19B | 48.83B | 42.79B | 42.87B | 34.87B |
| EBITDA | 24.69B | 24.94B | 21.73B | 23.71B | 25.20B | 21.08B |
| Net Income | 10.81B | 10.78B | 8.65B | 11.40B | 11.80B | 9.53B |
Balance Sheet | ||||||
| Total Assets | 187.61B | 192.02B | 212.75B | 187.26B | 189.27B | 179.00B |
| Cash, Cash Equivalents and Short-Term Investments | 36.54B | 44.90B | 58.58B | 47.12B | 51.56B | 54.70B |
| Total Debt | 62.16B | 64.52B | 86.72B | 71.50B | 78.15B | 81.22B |
| Total Liabilities | 87.64B | 89.04B | 112.35B | 94.52B | 103.80B | 102.50B |
| Stockholders Equity | 99.96B | 102.97B | 100.39B | 92.74B | 85.47B | 76.14B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 17.40B | 9.64B | 11.07B | 9.17B | 12.23B |
| Operating Cash Flow | 0.00 | 23.71B | 21.22B | 22.74B | 18.31B | 16.31B |
| Investing Cash Flow | 0.00 | -8.31B | -21.07B | -13.16B | -11.26B | -11.60B |
| Financing Cash Flow | 0.00 | -29.22B | 8.95B | -13.94B | -11.28B | 19.75B |
Taiyo Holdings Co., Ltd. Technical Analysis
Negative
7540.00
Price Trends
5133.13
Negative
4917.68
Negative
4249.68
Positive
Market Momentum
-105.78
Positive
40.09
Neutral
35.23
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4626, the sentiment is Negative. The current price of 7540 is above the 20-day moving average (MA) of 4914.78, above the 50-day MA of 5133.13, and above the 200-day MA of 4249.68, indicating a neutral trend. The MACD of -105.78 indicates Positive momentum. The RSI at 40.09 is Neutral, neither overbought nor oversold. The STOCH value of 35.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4626.
Taiyo Holdings Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥553.31B | 20.62 | ― | 3.26% | 11.78% | 8.98% | |
69 Neutral | ¥2.38T | 13.66 | 11.64% | 1.52% | 9.81% | 32.64% | |
68 Neutral | ¥420.46B | 7.90 | 13.71% | 3.38% | 0.29% | 27.84% | |
67 Neutral | ¥810.89B | 77.75 | -2.50% | 3.49% | -6.83% | -123.67% | |
65 Neutral | ¥357.42B | 10.69 | 8.14% | 2.61% | -1.45% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | ¥775.51B | 12.79 | 2.01% | 3.82% | -4.63% | -65.11% |
* Basic Materials Sector Average
JP:4626
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Taiyo Holdings Co., Ltd. Corporate Events
Taiyo Holdings Backs Planned Take-Private Tender Offer, Stays Neutral on Shareholder Tenders
Apr 3, 2026
Taiyo Holdings said its board has resolved to support a planned tender offer for its common shares by KJ005 Co., Ltd., while remaining neutral on whether individual shareholders should tender their stock. The offer, which is intended to take the c...
KKR-Backed Vehicle Plans Tender Offer for Taiyo Holdings
Apr 2, 2026
KJ005 Co., Ltd., a special-purpose company wholly owned by a KKR-managed fund, has decided to launch a tender offer for all common shares of Taiyo Holdings Co., Ltd., which is listed on the Tokyo Stock Exchange’s Prime Market. The move is pa...
Taiyo Holdings Backs KKR-Led Tender Offer to Go Private and Accelerate Growth
Apr 2, 2026
Taiyo Holdings has agreed that KJ005 Co., Ltd., owned by investment funds managed by KKR, will launch a tender offer to take the company private, a move its board supports as of March 31, 2026. Management expects that private ownership under KKR w...
Taiyo Holdings Scraps Year-End Dividend as It Backs Privatization Bid
Mar 31, 2026
Taiyo Holdings has revised its dividend forecast for the fiscal year ended March 2026 and decided not to pay a year-end dividend, overturning its previous plan to distribute cash to shareholders. The change follows a board resolution supporting a ...
Taiyo Holdings Reshapes Management Structure Across Pharma and Digital Units
Feb 4, 2026
Taiyo Holdings has announced a set of senior personnel changes across its pharmaceutical and digital operations, resolved at a board meeting on February 4, 2026 and scheduled to take effect on April 1, 2026 following any necessary subsidiary proce...
Taiyo Holdings Highlights Diversified Portfolio in Electronics, Healthcare and ICT
Feb 4, 2026
In its FY2026/3 third-quarter consolidated financial result digest, Taiyo Holdings Co., Ltd. outlined the structure of its diversified operations across Electronics, Medical and Pharmaceuticals, and ICT and Sustainability, underscoring a portfolio...
Taiyo Holdings Lifts Full-Year Earnings Outlook on Strong Semiconductor Materials Demand
Feb 4, 2026
Taiyo Holdings has revised upward its full-year consolidated earnings forecast for the fiscal year ending March 31, 2026, after stronger-than-expected third-quarter performance in its Electronics business, particularly driven by robust demand for ...
Taiyo Holdings Lifts Full-Year Forecast on Strong Nine-Month Earnings and Stock Split
Feb 4, 2026
Taiyo Holdings reported strong results for the nine months ended December 31, 2025, with net sales rising 14.4% year on year to ¥103.7 billion and profit attributable to owners of parent up 34.6% to ¥17.4 billion, lifting basic earnings ...
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.