Toyo Gosei Co., Ltd. (4970) AI Stock Analysis

• Market Cap: ¥81.28B
• Dividend Yield: 0.67%
• Average Volume (3M): 57.46K
• Price to Earnings (P/E): 17.8
• Beta (1Y): 1.24
• Revenue Growth: 10.18%
• EPS Growth: -14.36%
• Country: JP
• Employees: 503
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals
• EPS (TTM): N/A
• Shares Outstanding: 8,143,390
• 10 Day Avg. Volume: 36,350
• 30 Day Avg. Volume: 57,456
• PEG Ratio: 0.35
• Price to Book (P/B): 1.70
• Price to Sales (P/S): 1.09
• P/FCF Ratio: -10.22
• 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: ¥10,700.00
• Price Target Upside: 4.49% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: ¥9,890.00 ▼(-3.42% Downside)
• Action: Downgraded Date: 02/18/26
• Date: Action: Downgraded 02/18/26

The score is driven primarily by solid fundamental performance (growth and profitability) but is held back by negative free cash flow and increasing debt. Technicals are strong but look overbought, while valuation is the biggest detractor due to a high P/E and low dividend yield.

Positive Factors

Sustained Revenue Growth

Material year-over-year revenue expansion demonstrates durable end-market demand and successful scaling of product sales. For a specialty-chemicals B2B supplier, multi-year revenue growth signals continued customer qualification, broader adoption of formulations, and stronger negotiating leverage with buyers.

Negative Factors

Negative Free Cash Flow

Persistently negative free cash flow from elevated capex erodes financial flexibility and forces reliance on external financing or asset sales. Over a 2–6 month horizon sustained capex-driven outflows can constrain dividends, limit opportunistic R&D or M&A, and pressure liquidity under adverse cycles.

Toyo Gosei Co., Ltd. Business Overview & Revenue Model

Company Description

Toyo Gosei Co.,Ltd. manufactures and sells photosensitive materials for photolithography primarily in Japan. The company offers photosensitive materials primarily for use in the microfabrication of semiconductor integrated circuits and liquid crys...

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Toyo Gosei Co.,Ltd. manufactures and sells photosensitive materials for photolithography primarily in Japan. The company offers photosensitive materials primarily for use in the microfabrication of semiconductor integrated circuits and liquid crys...

How the Company Makes Money

Toyo Gosei generates revenue primarily from selling specialty chemical products to business customers (B2B). Its earnings are driven by (1) product sales under supply agreements to manufacturers that incorporate Toyo Gosei’s functional materials i...

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Toyo Gosei generates revenue primarily from selling specialty chemical products to business customers (B2B). Its earnings are driven by (1) product sales under supply agreements to manufacturers that incorporate Toyo Gosei’s functional materials i...

Toyo Gosei Co., Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	31.50B	38.66B	31.96B	34.16B	33.14B	27.16B
Gross Profit	7.77B	9.06B	7.60B	9.03B	8.39B	6.21B
EBITDA	6.59B	7.79B	6.29B	7.83B	7.32B	5.28B
Net Income	2.81B	3.28B	2.40B	3.83B	3.46B	2.35B
Balance Sheet
Total Assets	56.83B	66.10B	59.72B	51.28B	47.05B	43.68B
Cash, Cash Equivalents and Short-Term Investments	3.52B	3.60B	3.65B	3.25B	3.68B	3.79B
Total Debt	21.18B	28.55B	22.80B	18.33B	18.55B	20.52B
Total Liabilities	35.73B	41.26B	37.90B	31.63B	30.99B	30.89B
Stockholders Equity	21.10B	24.83B	21.82B	19.64B	16.06B	12.79B
Cash Flow
Free Cash Flow	0.00	-4.12B	-3.02B	-29.69M	2.39B	-1.27B
Operating Cash Flow	0.00	6.79B	4.57B	3.66B	5.81B	4.42B
Investing Cash Flow	0.00	-11.97B	-7.59B	-3.27B	-3.42B	-5.69B
Financing Cash Flow	0.00	5.19B	3.60B	-406.16M	-2.56B	1.47B

Toyo Gosei Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10240.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4970, the sentiment is Positive. The current price of 10240 is below the 20-day moving average (MA) of 10335.00, above the 50-day MA of 9777.20, and above the 200-day MA of 6897.43, indicating a neutral trend. The MACD of -59.25 indicates Positive momentum. The RSI at 51.62 is Neutral, neither overbought nor oversold. The STOCH value of 45.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4970.

Toyo Gosei Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4045	73 Outperform	¥183.33B	9.32	4.41%	3.80%	-1.50%	-32.46%
4042	66 Neutral	¥753.36B	10.74	4.79%	4.21%	-1.21%	-27.21%
4970	65 Neutral	¥81.28B	17.82	―	0.67%	10.18%	-14.36%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
4005	61 Neutral	¥830.84B	3.83	8.79%	2.68%	-1.64%	―
4061	60 Neutral	¥303.86B	36.21	-4.00%	3.71%	0.24%	-234.36%
3405	60 Neutral	¥497.13B	67.20	1.02%	3.37%	-1.94%	-84.08%