Denka Co., Ltd.

Denka Co., Ltd.

2,912.50
JPY
-131.50
(-4.32%)
304.37BMarket Cap
Nov 09Next 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
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
4,644.54
4,457.98
- -
Basic EPS, GAAP
145.15
207.39
214.7
205.04
261.79
286.18
262.62
264.23
301.67
148.07
138.6
-142.73
182.09
- -
Free Cash Flow per Basic Share
17.14
83.12
269.92
191.81
266.02
59.44
93.87
36.14
54.23
-358.27
-97.67
-478.2
-365.37
- -
Dividend per Share
50.3
50.36
67.69
70.38
85.02
115.2
120.26
125.07
135.07
145.08
90.08
90.09
100.09
- -
Book Value per Share
2,013.81
2,279.67
2,366.71
2,526.4
2,727.9
2,839.13
2,906.93
3,101.9
3,345.28
3,438.24
3,568.68
3,436.94
3,604.5
3,604.5
Tangible Book Value per Share
1,999.88
2,263.21
2,242.31
2,409.55
2,569.52
2,696.36
2,770.04
2,969.78
3,224.79
3,310.69
3,510.65
3,401.03
3,545.89
3,545.89
Basic Weighted Avg Shares
94
92
91
88
88
88
86
86
86
86
86
86
86
86
Sales/Revenue/Turnover
376,809
383,978
369,853
362,647
395,629
413,128
380,803
354,391
384,849
407,559
389,263
400,251
384,247
- -
Operating Margin (%)
5.63
6.26
8.28
7.13
8.51
8.29
8.3
9.8
10.43
7.93
3.44
3.6
6.83
- -
Depreciation Expense
22,254
23,032
23,241
24,358
24,598
22,945
22,482
22,911
23,882
27,040
26,919
27,857
29,165
- -
Net Income, GAAP
13,573
19,021
19,472
18,145
23,035
25,046
22,703
22,785
26,012
12,768
11,947
-12,300
15,695
- -
Effective Tax Rate (%)
32.64
28.88
23.54
20.76
21.46
23.03
22.32
24.07
27.92
10.64
17.03
- -
47.31
- -
Profit Margin (%)
3.6
4.95
5.26
5
5.82
6.06
5.96
6.43
6.76
3.13
3.07
-3.07
4.08
- -
Working Capital
1,102
10,396
14,339
24,712
26,086
36,683
37,645
45,664
51,485
87,336
93,890
39,954
74,979
74,979
LT Debt
55,663
53,509
58,510
60,184
51,535
56,969
63,400
78,319
76,016
107,000
110,000
95,000
134,766
134,766
Total Equity
189,513
210,796
216,069
227,486
242,779
250,479
254,013
270,036
292,091
300,350
316,913
308,295
338,824
338,824
Return on Invested Capital (%)
4.66
5.22
6.83
5.93
7.51
7.28
6.46
6.53
6.81
6.35
2.29
- -
2.52
- -
Return on Capital (%)
4.67
6.07
6.04
5.61
6.76
7.21
6.27
6.06
6.62
3.01
2.76
- -
3.91
- -
Return on Common Equity (%)
7.4
9.6
9.26
8.34
9.96
10.31
9.13
8.79
9.36
4.37
3.96
-4.07
5.17
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
ST Debt
- -
95,713
86,947
LT Borrowings
- -
118,548
134,766
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
86
86
86
Market Capitalization
170,629
196,840
304,371

Working Capital

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
Total Current Assets
- -
250,763
260,075
Cash, Cash Equivalents & STI
- -
28,943
35,270
Accounts Receivable, Net
- -
90,007
88,299
Inventories
- -
117,954
127,396
Total Current Liabilities
- -
185,880
185,096
Payables & Accruals
- -
- -
- -
ST Debt
- -
95,713
86,947
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.66%
4.74%
9.9%
Free Cash Flow
-49.36%
-83.49%
-23.58%
Net Income, GAAP
-45.38%
-94.75%
-227.6%
Sales/Revenue/Turnover
0.56%
1.76%
-4%
Total Cash Common Dividend
- -
- -
11.12%

Quarterly Revenue

JPY

•

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
- -
- -
- -
- -
384,247

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
26.62
49.47
-34.55
97.07
138.6
2025
- -
- -
- -
- -
-142.73
2026
- -
- -
- -
- -
182.09

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
90.08
2025
- -
- -
- -
- -
90.09
2026
- -
- -
- -
- -
100.09

Company Description

CEO
Ikuo Ishida
Full Time Employees
6,454
Sector
Process industries
Industry
Chemicals: specialty
Address
Nihonbashi Mitsui Tower Tokyo TY Japan 103-8338
IPO Date
May 16, 1949
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.