Dai Nippon Toryo Company,Limited

Dai Nippon Toryo Company,Limited

4611.T
Dai Nippon Toryo Company,LimitedJP flagTokyo Stock Exchange
1,378.00
JPY
-10.00
- -
39.36BMarket Cap
Dai Nippon Toryo Company,Limited
4611.T
(Tokyo Stock Exchange)

Recent

price

1,378.00

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
2,385.23
2,364.82
2,384.79
2,445.38
2,458.28
2,586.81
2,492.52
2,556
2,569.53
2,560.36
2,231.64
2,363.82
2,565.54
2,528.85
2,546.38
3,286.01
1,250.42
Revenue per Share
34.14
47.71
40.14
87.28
92.8
122.38
178.03
157.7
125.58
128.95
69.54
71.71
121.78
161.7
331.4
59.16
92.95
Basic EPS, GAAP
92.13
77.31
55.73
163.48
92.67
151.03
163.17
130.15
67.11
1.44
26.08
66.1
-66.21
-25.98
-61.38
-72.65
- -
Free Cash Flow per Basic Share
- -
4.98
7.48
9.97
12.49
15.07
17.6
20.07
25.16
25.14
24.98
24.96
24.93
24.96
34.98
48.93
- -
Dividend per Share
382.51
425.28
457.94
535.22
606.82
717.55
583.78
1,029.45
1,140.56
1,256
1,304.78
1,350.33
1,448.63
1,582.48
1,877.68
1,884.18
1,643.53
Book Value per Share
569.97
580.54
623.27
752.27
933.58
1,011.45
1,214.64
1,472.86
1,542.53
1,554.19
1,782.17
1,822.47
1,928.64
2,165.06
2,625.28
2,634.93
2,196.48
Tangible Book Value per Share
30
30
30
30
30
30
29
29
29
28
28
28
28
28
28
29
28
Basic Weighted Avg Shares
70,837
70,231
70,824
72,623
73,005
76,388
72,789
74,119
73,743
72,709
63,160
66,948
72,849
71,940
72,511
93,759
35,569
Sales/Revenue/Turnover
4.27
3.76
3.93
5.89
6.07
7.67
8.98
8.89
8.19
7.63
4.48
4.76
5.42
6.81
6.5
4.11
6.15
Operating Margin (%)
2,428
2,412
2,376
2,016
1,774
1,926
1,906
2,022
2,021
2,169
2,426
2,545
2,395
2,379
2,484
3,089
- -
Depreciation Expense
1,014
1,417
1,192
2,592
2,756
3,614
5,199
4,573
3,604
3,662
1,968
2,031
3,458
4,600
9,437
1,688
2,644
Net Income, GAAP
41.21
32.51
31.07
26.77
33.99
32.25
29.89
27.29
28.78
30.12
32.15
36.78
26.36
33.83
18.02
47.98
33.48
Effective Tax Rate (%)
1.43
2.02
1.68
3.57
3.78
4.73
7.14
6.17
4.89
5.04
3.12
3.03
4.75
6.39
13.01
1.8
7.43
Profit Margin (%)
-1,734
-1,501
-64
1,009
-744
2,075
4,499
6,993
7,697
9,383
8,651
8,983
10,364
11,505
13,425
13,760
13,549
Working Capital
10,115
9,196
9,761
7,939
3,949
3,561
1,135
755
554
3,277
3,019
2,181
1,372
544
1,391
6,337
1,472
LT Debt
18,828
18,616
19,247
22,978
28,441
30,620
36,319
43,347
45,082
44,678
50,863
51,990
55,209
62,489
76,168
76,674
63,874
Total Equity
4.1
4.28
4.74
7.84
7.07
9.29
10.56
10.46
8.9
7.74
3.51
3.45
4.84
4.93
4.87
2.21
2.13
Return on Invested Capital (%)
2.77
4.4
3.74
7.93
8.12
10.42
16.52
13.7
8.67
8.13
4.2
3.9
6.92
8.49
14.24
2.2
4.62
Return on Capital (%)
9.34
11.81
9.09
17.58
16.25
18.43
27.19
19.5
11.52
10.71
5.42
5.4
8.71
10.68
19.16
3.15
5.93
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
5,552
- -
4,491
LT Borrowings
- -
- -
1,000
LT Finance Leases
544
- -
472
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
28
- -
28
Market Capitalization
34,494
37,633
31,006

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
40,198
- -
40,526
Cash, Cash Equivalents & STI
8,429
- -
10,103
Accounts Receivable, Net
12,137
- -
11,918
Inventories
11,291
- -
11,409
Total Current Liabilities
28,693
- -
26,977
Payables & Accruals
- -
- -
- -
ST Debt
5,552
- -
4,491
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.9%
8.83%
0.66%
Free Cash Flow
158.69%
9.53%
18.59%
Net Income, GAAP
9.55%
25.9%
-82.11%
Sales/Revenue/Turnover
2.57%
8.73%
29.3%
Total Cash Common Dividend
- -
- -
40.16%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17,814
18,557
18,411
17,158
71,940
2025
- -
- -
- -
- -
72,511
2026
- -
- -
- -
- -
93,759

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
32
- -
- -
- -
161.7
2025
- -
- -
- -
- -
331.4
2026
- -
- -
- -
- -
59.16

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
24.96
2025
- -
- -
- -
- -
34.98
2026
- -
- -
- -
- -
48.93
Business
Dai Nippon Toryo Company, Limited engages in the manufacture and sale of coatings and jet inks. Its core product categories include protective coatings, decorative coatings, automobile coatings, and industrial coatings. Protective coatings encompass anticorrosive coatings for steel frames of buildings, bridges, industrial plants, and concrete structures. Decorative coatings include water-based coatings free of volatile organic compounds for residential interiors, exteriors, and roofs as well as thermal insulation coatings. Automobile coatings are applied to automotive components such as bumpers, door mirrors, and other interior and exterior parts. Industrial coatings serve applications on curtain walls, aluminum sashes, steel furniture, agricultural and construction machinery, and electrical equipment. The company also provides nanoparticle series products with optical and electrical functions, coating equipment, and related services. Additionally, it manufactures and sells lighting equipment and offers painting work services. Founded in 1929, the company is headquartered in Osaka, Japan, and operates both domestically and internationally. In recent major developments, Dai Nippon Toryo acquired a controlling stake in Shinto Paint Co., Ltd. in 2024 through a tender offer aimed at strategic synergy, expanding its position in the paint business by enhancing sales opportunities, cost efficiency, and productivity via new capital investments. The acquisition aligns with the company’s strategy to strengthen competitiveness within the coatings segment. Additionally, the company continues to focus on expanding its product portfolio and maintaining innovation in environmentally friendly coatings. For the fiscal year ended March 31, 2024, Dai Nippon Toryo reported consolidated net sales of approximately 71.94 billion yen and consolidated employees of about 2,113. The firm maintains a solid dividend growth track record, reflecting its stable earnings and financial health. Dai Nippon Toryo operates primarily in the specialty chemicals and basic materials industry with a focus on coatings technology across sectors including construction, automotive, industrial manufacturing, and lighting equipment. Its products are designed mainly for corporate clients within Japan and international markets. The company’s recent strategic moves, including acquisitions and continued product innovation, support its longstanding position as a leading coatings manufacturer with robust capabilities in anticorrosion and functional coatings technology. This comprehensive product and service offering, combined with strategic acquisitions, positions Dai Nippon Toryo as a key player in the global coatings and specialty chemicals market. It continues to prioritize sustainable and innovative solutions to meet evolving customer demands while reinforcing its competitive edge in core business segments.