1. Japan Stocks

  2. •

    Basic Materials

  3. •

    Chemicals - Specialty
Harima Chemicals Group, Inc.

Harima Chemicals Group, Inc.

4410.T
Harima Chemicals Group, Inc.JP flagTokyo Stock Exchange
1,015.00
JPY
-15.00
- -
24.67BMarket Cap
Harima Chemicals Group, Inc.
4410.T
(Tokyo Stock Exchange)

Recent

price

1,015.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
1,599.02
2,756.79
2,474.2
2,897.01
3,186.82
3,120.76
2,751.04
2,824.62
3,025.1
2,838.58
2,501.52
3,024.97
3,815.58
3,811.52
4,164.34
4,270.71
3,814.97
Revenue per Share
51.53
38.99
8.33
10.8
-39.53
47.12
93.32
105.03
159.02
87.68
43.44
69.42
35.73
-47.93
31.46
96.52
-47.97
Basic EPS, GAAP
101.19
-18.8
25.85
-9.36
-67.91
54.04
179.06
39.23
61.63
99.82
28.37
-0.91
-193.59
-126.94
26.35
174.06
- -
Free Cash Flow per Basic Share
12
15
14
14
14
14
15
20
29.05
38.23
37.99
37.99
40.29
41.98
41.97
41.98
- -
Dividend per Share
742.97
766.99
761.32
758.11
712.49
745.61
438.04
908.77
1,037.87
1,115.42
1,128.38
1,158.46
1,171.89
1,108.33
1,095.57
1,148.28
1,109.33
Book Value per Share
1,085.76
1,102.7
1,115.26
1,176.24
1,235.01
1,163.18
1,267.21
1,354.54
1,425.13
1,463.04
1,468.01
1,565.95
1,436.85
1,481.76
1,373.61
1,527.59
1,483.1
Tangible Book Value per Share
26
26
26
26
26
26
26
26
26
25
25
25
25
24
24
24
24
Basic Weighted Avg Shares
41,495
71,536
64,203
75,175
82,692
80,978
71,384
73,310
78,589
71,799
62,851
76,093
94,510
92,330
101,006
103,763
92,330
Sales/Revenue/Turnover
12.29
9.7
7.74
6.71
6.6
8.26
5.57
5.47
5.94
5.23
2.51
4.27
1.81
-0.23
2.07
3.17
-0.23
Operating Margin (%)
1,621
2,014
2,195
2,284
2,427
2,214
2,125
1,948
2,031
2,258
2,353
2,175
2,469
2,729
2,827
3,002
- -
Depreciation Expense
1,337
1,012
216
280
-1,026
1,223
2,421
2,726
4,131
2,218
1,091
1,746
885
-1,161
763
2,345
-1,161
Net Income, GAAP
42.52
54.96
88.05
75.03
- -
48.53
28.82
24.44
- -
25.27
35.27
29.45
44.68
- -
57.15
26.18
38.17
Effective Tax Rate (%)
3.22
1.41
0.34
0.37
-1.24
1.51
3.39
3.72
5.26
3.09
1.74
2.29
0.94
-1.26
0.76
2.26
-1.26
Profit Margin (%)
5,679
13,264
11,231
12,438
18,067
16,552
17,563
11,279
9,623
9,915
14,665
21,088
8,135
5,898
6,265
12,411
5,898
Working Capital
1,168
8,064
6,667
6,303
13,709
12,914
11,584
3,398
3,345
4,121
8,546
13,420
7,805
7,721
13,736
18,121
7,721
LT Debt
29,313
29,581
29,823
31,466
33,079
31,362
33,813
36,098
37,811
37,746
37,442
40,104
40,817
40,879
38,007
41,504
40,879
Total Equity
6.82
6.38
1.23
2.51
- -
6.11
5.31
5.78
- -
4.96
1.83
3.91
1.38
- -
1.11
2.97
- -
Return on Invested Capital (%)
3.88
2.79
0.78
0.49
- -
2.5
6.29
7.25
- -
4.2
1.75
3.06
1.2
- -
1.68
4.55
-0.71
Return on Capital (%)
7.13
5.16
1.09
1.42
-5.38
6.46
15.77
15.6
16.35
8.04
3.86
6.07
3.04
-4.16
2.86
8.61
-4.16
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'24
ST Debt
31,866
34,982
31,648
LT Borrowings
6,200
6,200
6,200
LT Finance Leases
- -
- -
1,521
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
19,967
19,700
22,387

Working Capital

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'24
Total Current Assets
55,554
61,442
53,588
Cash, Cash Equivalents & STI
6,801
7,400
6,851
Accounts Receivable, Net
24,634
25,393
21,846
Inventories
21,271
22,983
23,173
Total Current Liabilities
48,796
53,261
47,690
Payables & Accruals
- -
- -
- -
ST Debt
31,866
34,982
31,648
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.95%
2.24%
9.2%
Free Cash Flow
2,125.35%
4,211.4%
561.82%
Net Income, GAAP
-11.38%
-35.78%
207.34%
Sales/Revenue/Turnover
3.2%
11.02%
2.73%
Total Cash Common Dividend
11.95%
1.35%
0.2%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22,596
22,676
24,334
22,724
92,330
2025
- -
- -
- -
- -
101,006
2026
- -
- -
- -
- -
103,763

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-5.7
- -
- -
- -
-47.93
2025
- -
- -
- -
- -
31.46
2026
- -
- -
- -
- -
96.52

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
41.98
2025
- -
- -
- -
- -
41.97
2026
- -
- -
- -
- -
41.98
Similar Companies
NOROO Holdings Co., Ltd. (000325.KS)
Beijing Comens New Materials Co.,Ltd. (300200.SZ)
Stallion India Fluorochemicals Ltd. (STALLION.NS)
Olin Corporation (OLN)
Kraton Corporation (KRA)
Shanxi Tond Chemical Co., Ltd. (002360.SZ)
Business
Harima Chemicals Group, Inc. (4410.T) manufactures and sells specialty chemicals, primarily rosins, resinous chemicals, and paper chemicals. The company produces a range of products including tall oil rosins, gum rosins, disproportionated rosins, polymerized rosins, rosin esters, and liquid rosins; synthetic resins such as hydrocarbon resins, petroleum resins, pure monomer resins, modified phenolic resins, terpene resins, and rosin-modified resins; paper sizing agents including anionic neutral sizing agents, cationic neutral sizing agents, AKD sizing agents, ASA sizing agents, and dry strength agents; and electronic and semiconductor materials like flux, solder paste, and cleaning agents. It also offers oleochemicals, functional specialty chemicals for printing inks, adhesives, paints, and construction materials; and wooden products such as particleboards and wood flooring. Harima Chemicals Group operates primarily in Japan, with additional facilities and sales networks in Asia, Europe, and North America. Founded in 1913 and headquartered in Osaka, Japan, the company maintains subsidiaries including Harima Chemicals (Singapore) Pte. Ltd. and Harima Chemicals Europe GmbH. In recent developments, Harima Chemicals Group expanded its electronic materials business through a capital and business alliance with a partner in the soldering materials sector in 2024, and launched new high-performance rosin-based fluxes for advanced semiconductor applications in late 2023.