JSP Corporation

JSP Corporation

JSPCF
JSP CorporationUS flagOther OTC
16.00
USD
- -
- -
419.31MMarket 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
3,221.03
3,760.8
3,921.79
3,854.3
3,657.95
3,833.69
3,895.82
3,803.36
3,444.2
3,828.6
4,418.7
4,687.59
5,428.02
2,620.15
Basic EPS, GAAP
111.48
147.71
135.47
198.38
244.91
229.89
144.55
122.04
101.21
97.05
84.91
221.83
193.31
137.31
Free Cash Flow per Basic Share
252.28
241.49
278.03
464.55
358.52
363.93
247.94
385.25
409.64
200.35
292.7
543.73
339.46
399.44
Dividend per Share
29.98
29.98
29.99
29.99
44.98
54.98
49.98
49.98
49.98
49.99
49.99
51.72
79.98
28.45
Book Value per Share
1,450.2
1,567.97
1,689.86
1,858.15
2,061.77
2,236.77
2,331.39
2,403.49
2,454.73
2,472.71
2,507.66
2,764.67
3,152.64
3,099.74
Tangible Book Value per Share
1,756.58
2,055.14
2,325.65
2,400.45
2,542.67
2,790.23
2,764.61
2,793.57
2,830.79
2,988.87
3,184.78
3,416.86
3,993.65
4,062.59
Basic Weighted Avg Shares
30
30
30
30
30
30
30
30
30
30
30
29
26
26
Sales/Revenue/Turnover
96,038
112,128
116,923
114,904
109,048
114,284
116,133
113,375
102,668
114,125
131,714
135,051
142,250
68,619
Operating Margin (%)
4.76
5.27
4.85
8.08
8.82
7.97
4.72
4.48
5.05
4.02
2.25
5.6
4.84
6.29
Depreciation Expense
4,390
4,865
5,327
4,903
4,952
5,072
5,601
6,427
6,608
6,832
7,137
7,632
7,843
3,990
Net Income, GAAP
3,324
4,404
4,039
5,914
7,301
6,853
4,309
3,638
3,017
2,893
2,531
6,391
5,066
3,596
Effective Tax Rate (%)
24.79
29.07
27.52
31.08
25.22
26.32
30.96
32.34
30.26
29.36
26.5
22.66
29
23.37
Profit Margin (%)
3.46
3.93
3.45
5.15
6.7
6
3.71
3.21
2.94
2.53
1.92
4.73
3.56
5.24
Working Capital
21,632
26,851
30,646
30,778
30,541
34,012
32,486
28,964
31,181
35,405
37,379
42,390
44,701
46,329
LT Debt
8,856
10,412
11,003
8,422
4,778
5,728
7,975
9,332
9,382
8,523
8,957
12,207
10,590
10,830
Total Equity
53,431
62,376
70,350
72,496
76,777
84,104
84,141
84,644
85,560
90,229
96,122
100,068
105,853
107,670
Return on Invested Capital (%)
4.82
5.25
4.54
6.73
7.68
6.92
3.69
3.25
3.35
2.95
1.87
4.73
3.81
2.59
Return on Capital (%)
4.91
6.16
5.06
7.41
9
8.12
5.05
4.39
3.3
2.99
2.55
5.74
4.68
3.09
Return on Common Equity (%)
7.91
9.79
8.32
11.18
12.5
10.7
6.33
5.16
4.17
3.94
3.41
8.28
6.24
4.55

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
12,426
- -
12,188
LT Borrowings
10,964
- -
10,830
LT Finance Leases
1,243
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
26
- -
26
Market Capitalization
- -
- -
55,412

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
78,155
- -
79,708
Cash, Cash Equivalents & STI
19,447
- -
17,710
Accounts Receivable, Net
31,216
- -
33,213
Inventories
17,656
- -
18,774
Total Current Liabilities
35,765
- -
33,379
Payables & Accruals
- -
- -
- -
ST Debt
12,426
- -
12,188
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.21%
4.59%
5.78%
Free Cash Flow
10.7%
7.53%
-43.21%
Net Income, GAAP
10.91%
19.62%
-20.73%
Sales/Revenue/Turnover
2.22%
5%
5.33%
Total Cash Common Dividend
- -
- -
40.67%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
32,049
34,383
36,005
32,614
135,051
2025
- -
- -
- -
- -
142,250
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
37.54
- -
- -
- -
221.83
2025
- -
- -
- -
- -
193.31
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
24.99
- -
- -
- -
51.72
2025
- -
- -
- -
- -
79.98
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Tomohiko Okubo
Full Time Employees
3,053
Sector
Consumer Cyclical
Industry
Packaging & Containers
Address
Shin Nisseki Building Tokyo Japan 100-0005
IPO Date
Oct 12, 2021
Website
jsp.com
Business
JSP Corporation is a Japan-based global manufacturer specializing in the production and sale of high-performance expanded polymers and foamed plastics, serving automotive, construction, civil engineering, packaging, HVAC, sports, and consumer goods industries worldwide. Founded in 1962 and headquartered in Tokyo, the company operates principally through two business segments: Extrusion Business and Bead Business. Key products include ARPRO, an impact energy management expanded polypropylene material used in automotive applications, multi-use transport packaging, and HVAC housings; STYRODIA, employed in packaging for consumer electronics, hot and cold food containers, construction insulation, and civil engineering materials; ARGILIX, a thermoplastic elastomer bead foam; FOAMCORE, utilized in prefabricated bathrooms and automotive components; as well as various sheets and boards under brand names such as MIRAMAT, CAPLON, and P-BOARD. Their expanded polypropylene (EPP) and related materials provide lightweight, durable, and environmentally optimized solutions across multiple industrial applications. Recent strategic developments include the establishment and ramp-up of production facilities in Pune, India, and Ramos Arizpe, Mexico, aiming to increase North American and global output capacity. JSP has emphasized growth through increased production capacity utilization, targeting a utilization rate of all factories by the end of 2024, alongside expanding non-automotive applications and brand strategies. The company focuses on enhancing OEM sales, developing proprietary brands, and expanding into new market segments such as the pet ecosystem and healthcare-related products. Financial and operational strategies include revising shareholder return policies to increase dividends and procuring external funding to support expansion. JSP also launched an official website for its Indian operations, reflecting its commitment to international market growth and customer engagement. JSP Corporation's business scope covers manufacturing and selling materials products, including sheets and boards based on various polymers, with proprietary bead and extrusion foaming technologies underpinning their product innovation and quality. The company targets automotive OEMs, construction firms, packaging manufacturers, and industrial clients across Japan, North America, and other global markets. Its ongoing focus includes improving environmental impact through reduced energy consumption and waste materials in production processes, supporting the company's position as a leading global supplier of foam plastics and expanded polymers. Overall, JSP Corporation presents a comprehensive portfolio of advanced polymer products combined with strategic global expansion efforts and enhanced operational efficiency aimed at sustaining growth in the high-performance plastics industry.