Denka Company Limited

Denka Company Limited

DENKF
Denka Company LimitedUS flagOther OTC
18.24
USD
- -
- -
1.57BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3,585.78
4,029.62
4,186.68
4,078.06
4,097.98
4,496.32
4,720.44
4,404.96
4,109.82
4,463.15
4,726.41
4,516.09
4,644.55
2,342.19
Basic EPS, GAAP
118.13
145.15
207.39
214.7
205.04
261.79
286.18
262.62
264.23
301.67
148.07
138.6
-142.73
63.77
Free Cash Flow per Basic Share
165.09
17.14
83.12
269.92
191.81
266.02
59.44
93.87
36.14
54.23
-358.27
-97.67
-478.2
- -
Dividend per Share
50.2
50.3
50.36
67.69
70.38
85.02
115.2
120.26
125.07
135.07
145.08
90.08
90.09
- -
Book Value per Share
1,235.24
1,353.44
1,483.72
1,646.57
1,816.5
1,889.73
2,075.39
2,242.43
2,387.51
2,552.84
2,555.82
2,605.4
2,368.07
2,651.85
Tangible Book Value per Share
1,883.58
2,012.78
2,281.96
2,259.69
2,453.79
2,601.44
2,720.15
2,801.74
2,999.47
3,266.93
3,355.57
3,618.7
3,541.57
3,876.24
Basic Weighted Avg Shares
95
94
92
91
88
88
88
86
86
86
86
86
86
84
Sales/Revenue/Turnover
341,645
376,809
383,978
369,853
362,647
395,629
413,128
380,803
354,391
384,849
407,559
389,263
400,251
197,894
Operating Margin (%)
5.51
5.63
6.26
8.28
7.13
8.51
8.29
8.3
9.8
10.43
7.93
3.44
3.6
1.44
Depreciation Expense
22,463
22,254
23,032
23,241
24,358
24,598
22,945
22,482
22,911
23,882
27,040
26,919
27,857
- -
Net Income, GAAP
11,255
13,573
19,021
19,472
18,145
23,035
25,046
22,703
22,785
26,012
12,768
11,947
-12,300
5,388
Effective Tax Rate (%)
33.81
32.64
28.88
23.54
20.76
21.46
23.03
22.32
24.07
27.92
10.64
17.03
- -
0.2
Profit Margin (%)
3.29
3.6
4.95
5.26
5
5.82
6.06
5.96
6.43
6.76
3.13
3.07
-3.07
2.72
Working Capital
-12,157
1,102
10,396
14,339
24,712
26,086
36,683
37,645
45,664
51,485
87,336
93,890
39,954
76,427
LT Debt
43,156
55,663
53,509
58,510
60,184
51,535
56,969
63,400
78,319
76,016
107,000
110,000
95,000
95,000
Total Equity
180,706
189,513
210,796
216,069
227,486
242,779
250,479
254,013
270,036
292,091
300,350
316,913
308,295
332,742
Return on Invested Capital (%)
4.2
4.66
5.22
6.83
5.93
7.51
7.28
6.46
6.53
6.81
6.35
2.29
- -
0.54
Return on Capital (%)
5.04
5.86
7.67
7.55
6.87
8.41
8.94
7.49
7.12
7.84
3.59
3.31
- -
1.43
Return on Common Equity (%)
9.58
11.11
14.48
13.64
11.7
14.09
14.4
12.09
11.4
12.21
5.8
5.37
-5.74
2.4

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
64,368
- -
108,522
LT Borrowings
110,000
- -
95,000
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
86
- -
86
Market Capitalization
231,796
241,423
215,570

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
265,447
- -
279,213
Cash, Cash Equivalents & STI
35,386
- -
38,466
Accounts Receivable, Net
96,431
- -
96,722
Inventories
121,616
- -
131,826
Total Current Liabilities
171,557
- -
202,786
Payables & Accruals
- -
- -
- -
ST Debt
64,368
- -
108,522
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.92%
4.02%
-2.72%
Free Cash Flow
-24.89%
-91.1%
389.49%
Net Income, GAAP
-22.39%
-49.15%
-202.95%
Sales/Revenue/Turnover
0.59%
1.18%
2.82%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
87,829
103,540
101,474
96,420
389,263
2025
- -
- -
- -
- -
400,251
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
26.62
- -
- -
- -
138.6
2025
- -
- -
- -
- -
-142.73
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
90.08
2025
- -
- -
- -
- -
90.09
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Ikuo Ishida
Full Time Employees
6,514
Sector
Basic Materials
Industry
Chemicals
Address
Nihonbashi Mitsui Tower Tokyo Japan 103-8338
IPO Date
Apr 14, 2010
Business
Denka Company Limited engages in the manufacture and sale of chemical products and materials across diverse industries. Its main product portfolio includes chloroprene rubber marketed under the brand "Denka Chloroprene"; acetylene black used in lithium-ion batteries, high-voltage cables, belts, hoses, and automotive parts; electronic materials such as thermal conductive sheets, insulating sheets, electronic conductive materials, and optical adhesives; various sheets and films including styrene-based transparent sheets and multilayer oil-resistant sheets; agricultural and civil engineering products like Toyo drainpipes and conduits; specialty rubber products including rubber pipe joints; and adhesives such as UV curable adhesives and flux. The company also provides chemical products for construction and coating applications. Denka operates primarily in Japan with a significant presence in Asia and global markets. Founded in 1915 and headquartered in Tokyo, Japan, Denka has extended its operations through strategic alliances and recent expansions. Notably, in April 2024, Denka entered a joint venture agreement with Mitsubishi Corporation acquiring a 50% stake in Frontier Carbon Corporation, enhancing its position in the fullerene and carbon nanomaterials market used in electronics, biopharmaceuticals, and energy sectors. This move aligns with its "Mission 2030" management plan focusing on ICT & Energy, Healthcare, and Sustainable Living fields. In 2024, Denka also announced a price increase for its chloroprene rubber to manage rising production and logistics costs. Additionally, it invested in a startup developing wearable electronic stethoscopes as part of digital health initiatives and has been reinforcing production facilities for high-reliability heat dissipation materials used in power modules. Denka also recently divested a 51% stake in its Denka Renotec subsidiary to Oriental Shiraishi Corporation as part of portfolio optimization efforts. Denka's industry segments cover basic chemicals, high-functional chemicals, electronic materials, infrastructure-related products, and life science products, targeting manufacturers in automotive, electronics, construction, agriculture, healthcare, and environmental sectors. Its offering of specialty polymers, advanced materials, and chemical solutions reflects its role as a diversified chemical conglomerate focused on innovation and sustainable solutions worldwide. The company continues to leverage its core competencies in chemical synthesis, carbon materials, and advanced manufacturing technology to drive growth and respond to evolving market demands.