1. Japan Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
Kureha Corporation

Kureha Corporation

21.60
EUR
+0.20
(+0.93%)
810.24MMarket Cap
Nov 10Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
2,874.21
2,914.11
2,730.6
2,565.93
2,569.96
2,410.33
2,396.32
2,469.07
2,875.04
3,266.75
3,163.62
3,108.82
4,039.4
- -
Basic EPS, GAAP
142.91
178.42
94.67
135.79
169.15
226.51
230.87
230.44
241.9
288.08
173.03
149.67
-267.14
- -
Free Cash Flow per Basic Share
-92.56
-81.81
39.65
57.62
180.04
161.58
25.26
236.12
273.17
145.25
-375.05
-274.63
- -
- -
Dividend per Share
33.32
38.32
39.98
36.66
35.46
47
60.72
56.67
56.67
83.33
93.64
89.42
- -
- -
Book Value per Share
2,014.31
2,294
2,292.06
2,410.94
2,423.88
2,640.85
2,817.68
3,139.53
3,402.44
3,675.33
4,022.67
4,209.14
4,323.33
- -
Tangible Book Value per Share
1,974.84
2,246.5
2,259.74
2,383.89
2,402.31
2,622.85
2,803.3
3,101.93
3,333.42
3,599.28
3,931.56
4,102.73
4,195.8
- -
Basic Weighted Avg Shares
52
52
52
52
57
62
59
59
59
59
56
52
40
40
Sales/Revenue/Turnover
148,124
150,182
140,779
132,294
147,329
148,265
142,398
144,575
168,341
191,277
177,973
162,015
161,688
- -
Operating Margin (%)
8.04
9.69
4.03
5.77
7.29
10.25
11.27
10.92
10.77
10.99
7.55
5.83
-12.23
- -
Depreciation Expense
9,354
8,264
10,333
10,191
9,898
10,310
12,110
11,672
11,550
11,615
11,660
12,684
- -
- -
Net Income, GAAP
7,365
9,195
4,881
7,001
9,697
13,933
13,719
13,493
14,164
16,868
9,734
7,800
-10,693
- -
Effective Tax Rate (%)
28.44
32.58
26.78
20.87
22.62
19.7
22.94
23.3
29.92
26.16
29.25
22.71
- -
- -
Profit Margin (%)
4.97
6.12
3.47
5.29
6.58
9.4
9.63
9.33
8.41
8.82
5.47
4.81
-6.61
- -
Working Capital
16,392
5,687
3,316
-5,400
14,368
14,782
24,890
41,372
49,816
60,198
67,001
49,341
33,022
- -
LT Debt
56,619
51,770
46,323
23,561
21,657
15,514
18,648
19,014
11,428
8,605
39,095
62,764
82,323
- -
Total Equity
106,190
120,624
119,440
125,971
152,040
162,167
166,623
185,520
200,724
216,773
223,148
211,139
167,179
- -
Return on Invested Capital (%)
4.86
4.98
2.63
3.68
5.03
6.8
6.79
6.3
6.36
7.01
3.51
2.56
- -
- -
Return on Capital (%)
4.42
4.99
3
3.82
5.19
7.09
7.03
6.56
6.48
7.27
3.81
2.78
- -
- -
Return on Common Equity (%)
7.45
8.28
4.13
5.77
7.07
8.97
8.43
7.74
7.4
8.14
4.46
3.62
-5.71
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
58,885
37,333
- -
LT Borrowings
59,090
82,323
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
38
38
38
Market Capitalization
143,247
148,621
144,813

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
102,184
110,858
- -
Cash, Cash Equivalents & STI
25,176
29,732
- -
Accounts Receivable, Net
28,154
32,584
- -
Inventories
43,551
43,389
- -
Total Current Liabilities
91,567
77,836
- -
Payables & Accruals
- -
- -
- -
ST Debt
58,885
37,333
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.98%
-1.41%
-20.82%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-15.28%
-55.04%
-237.09%
Sales/Revenue/Turnover
1.75%
2.79%
-0.2%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
162,015
2026
- -
- -
- -
- -
161,688
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
149.67
2026
- -
- -
- -
- -
-267.14
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
89.42
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Katsutoshi Natake
Full Time Employees
3,941
Sector
Process industries
Industry
Chemicals: specialty
Address
3-3-2 Nihonbashi Hamacho Tokyo TY Japan 103-8552
IPO Date
May 16, 1949
Website
kureha.co.jp
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Business
Kureha Corporation (4023.T), founded in 1944 and headquartered in Tokyo, Japan, manufactures and sells functional materials, specialty chemicals, and plastics primarily in Japan, Asia-Pacific, North America, and Europe. The company operates through five segments offering advanced materials including polyphenylene sulfide, polyvinylidene fluoride (PVDF) for lithium-ion battery binders, processed polyglycolic acid (PGA) products, carbon fiber, and bead-shaped activated carbon; specialty chemicals such as therapeutic agents for chronic renal failure including Kremezin, agricultural and horticultural fungicides like metconazole and ipconazole, caustic soda, hydrochloric acid, sodium hypochlorite, monochlorobenzene, para-dichlorobenzene, and ortho-dichlorobenzene; specialty plastics encompassing household plastic wraps like New Kurewrap, garbage bags, plastic food containers, cooking paper, PVDF fishing lines, polyvinylidene chloride films, and multilayer heat-shrinkable films with auto-pack machinery; construction-related services; and other operations including environmental and logistics businesses. Kureha maintains subsidiaries such as Kureha America Inc. in the US, Kureha Europe B.V. in the Netherlands, and Kureha (Changshu) Fluoropolymers Co., Ltd. in China. Recent developments include the launch of the Kureha Group Medium- to Long-Term Management Plan, Rolling Plan 2025 in 2024 targeting revenue of JPY 185 billion or more and operating profit of JPY 20 billion or more by fiscal 2025 with new KPIs like ROE of 8% or higher and PBR of 1.0 times or above; a JPY 70 billion investment for PVDF capacity expansion at the Iwaki Factory in Fukushima to commence operations in fiscal 2026 or later; discontinuation of PVDF facility expansion in China; decision to withdraw from the heat-shrinkable multilayer film business for commercial packaging in Europe; organizational and personnel changes effective October 1, 2025; completion of a major equity buyback program in June 2025 acquiring 10 million shares for JPY 34.1 billion; and establishment of a new R&D center in Tokyo in 2024 alongside plans for enhanced M&A in agrochemicals, downstream materials, and digital communications.