SHIKOKU KASEI HOLDINGS CORPORATION

SHIKOKU KASEI HOLDINGS CORPORATION

2,182.00
JPY
-201.00
(-8.43%)
304.91BMarket Cap
Nov 13Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
402.46
420.53
429.94
423.32
434.69
452.01
445.35
444.5
493.99
- -
611.32
754.54
807.06
- -
Basic EPS, GAAP
33.57
37.31
41.53
49.95
56.57
46.19
48.45
51.63
62.76
- -
76.06
95.69
96.56
- -
Free Cash Flow per Basic Share
20.61
55.53
47.94
28.74
60.7
32.87
50.9
33.71
8.37
- -
76.82
54.46
43.35
- -
Dividend per Share
6
6
7.5
8.5
10.49
11
11.62
12.14
12.1
- -
13.55
19.86
25.17
- -
Book Value per Share
384.9
440.51
464.12
520.6
575.67
595.52
620.86
680.1
743.75
1,541.12
851.6
932.79
1,084.33
1,181.92
Tangible Book Value per Share
382.11
437.64
461.33
517.83
573.76
594.01
619.61
678.62
740.45
1,531.62
844.69
926.2
1,076.75
1,152.39
Basic Weighted Avg Shares
117
117
117
117
117
117
116
112
110
107
103
92
88
87
Sales/Revenue/Turnover
47,044
49,153
50,246
49,467
50,791
52,813
51,564
49,590
54,137
- -
63,117
69,493
70,705
- -
Operating Margin (%)
13
12.43
15.88
15.89
16.09
15.25
15.23
14.93
15.52
- -
12.71
14.02
15.38
- -
Depreciation Expense
1,863
1,743
1,747
1,645
2,318
2,281
2,189
1,835
2,090
- -
3,344
3,053
3,539
- -
Net Income, GAAP
3,924
4,361
4,854
5,837
6,610
5,397
5,610
5,760
6,878
- -
7,853
8,813
8,459
- -
Effective Tax Rate (%)
34.39
34.33
33.16
28.69
27.21
30.2
29.9
29.78
29.09
- -
30.65
29.23
30.98
- -
Profit Margin (%)
8.34
8.87
9.66
11.8
13.01
10.22
10.88
11.62
12.7
- -
12.44
12.68
11.96
- -
Working Capital
20,340
23,385
27,836
31,135
35,816
40,129
45,356
49,322
48,559
52,358
52,937
49,772
53,903
60,898
LT Debt
1,545
517
1,622
1,562
1,520
680
7,157
10,957
11,017
14,534
12,906
16,664
13,832
17,483
Total Equity
45,237
52,019
54,853
61,500
68,027
70,369
71,646
76,563
80,906
81,803
86,865
84,166
94,597
102,928
Return on Invested Capital (%)
8.22
7.47
9.02
8.81
8.5
7.56
6.92
5.92
6.26
- -
5.18
6.01
6.29
- -
Return on Capital (%)
8.23
8.3
8.35
9.33
9.59
7.34
7.15
6.65
7.38
- -
7.44
7.85
7.31
- -
Return on Common Equity (%)
9.08
9.04
9.18
10.15
10.32
7.89
7.99
7.86
8.83
- -
9.38
10.4
9.55
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
ST Debt
13,031
- -
8,668
LT Borrowings
16,219
- -
17,483
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
89
86
86
Market Capitalization
95,196
183,809
304,907

Working Capital

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
Total Current Assets
75,488
- -
90,485
Cash, Cash Equivalents & STI
42,137
- -
47,954
Accounts Receivable, Net
16,142
- -
19,998
Inventories
13,123
- -
17,412
Total Current Liabilities
29,416
- -
29,587
Payables & Accruals
- -
- -
- -
ST Debt
13,031
- -
8,668
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.71%
4.45%
12.39%
Free Cash Flow
- -
- -
-24.28%
Net Income, GAAP
- -
- -
-4.02%
Sales/Revenue/Turnover
- -
- -
1.74%
Total Cash Common Dividend
- -
- -
20.56%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17,358
17,867
- -
- -
69,493
2025
- -
- -
- -
- -
70,705
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18.36
24.94
- -
- -
95.69
2025
- -
- -
- -
- -
96.56
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
19.86
2025
- -
- -
- -
- -
25.17
2026
- -
- -
- -
- -
- -

Company Description

CEO
Mitsunori Watanabe
Full Time Employees
1,331
Sector
Process industries
Industry
Chemicals: specialty
Address
537-1 Higashi Hachi-cho Marugame KA Japan 763-8504
IPO Date
Oct 12, 1962
Business
Shikoku Chemicals Corporation focuses on the development, production, and distribution of an extensive portfolio of chemical goods and construction materials across Japan and various international markets. Its operations encompass a broad range of offerings designed to support diverse industries. Within its chemicals division, the company manufactures foundational inorganic chemicals such as carbon disulfide, sodium sulfate, and insoluble sulfur, which is a key component for radial tires, where it holds a significant global market share. Organic chemical products include chlorinated isocyanurates, initially mass-produced in Japan by Shikoku in 1964, which serve as disinfectants for applications in swimming pools and septic systems, alongside other chemicals vital for water hygiene. The company's advanced and specialty chemicals segment delivers high-performance solutions, including surface treatment chemicals for printed wiring boards (PWBs), such as its "Glicoat" organic solderability preservative, which holds the world's leading market position. This segment also produces various resin modifiers and curing agents, like imidazole and adduct types, and cross-linkers, which enhance properties for materials used in advanced applications such as semiconductors and high-performance adhesives. Additionally, the firm is involved in industrial chemicals, specialized pharmaceuticals, and agricultural chemicals. For the construction sector, Shikoku Chemicals offers a comprehensive range of housing materials. These include interior and exterior finishes and paving materials for various architectural needs. Their exterior product line features gates, fences, carports—including the innovative accordion gate structure developed by the company—decks, and terraces. The company further contributes to retail environments through the design, production, and installation of shutters and other shop fixtures. Beyond these core areas, Shikoku Chemicals is engaged in a variety of other services. These diverse activities span environmental solutions, providing water treatment for sewage and septic tanks, waste collection, and environmental measurement and water quality testing services. Its involvement extends to information technology, with software development and computer system management. Furthermore, the company operates restaurant franchises, engages in the sale of consumer goods, offers insurance agency services, handles packaging and transportation, and undertakes housing renovation and solar power generation projects. Guided by a philosophy of continuous creativity, the organization has recently focused on leveraging its robust chemicals segment, which has shown strong financial performance with record revenue and profit in recent periods. The company was established in 1947 and maintains its headquarters in Marugame, Japan.