Eiken Chemical Co., Ltd.

Eiken Chemical Co., Ltd.

TTSE:4549
2,434.00
JPY
+17.00
(+0.70%)
100.71BMarket Cap
Oct 29Next 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
825.39
850.1
879.4
908.58
955.02
971.13
992.03
1,047.32
1,163.69
1,170.53
1,090.1
1,179.42
1,271.21
- -
Basic EPS, GAAP
54.54
57.56
66.41
79.68
71.18
93.61
95.93
136.63
168.26
155.17
71.69
64.82
112.5
- -
Free Cash Flow per Basic Share
77.41
61.1
-5.14
75.8
24.92
57.41
71.93
90.47
77.82
116.24
46.7
19.06
-58.34
- -
Dividend per Share
17.48
18.47
18.98
19.99
27.49
25.45
29.99
31.96
45.97
54.99
52.45
52.34
56.37
- -
Book Value per Share
667.22
729.57
770.68
835.64
886.4
949.3
1,011.4
1,128.31
1,239.02
1,337.72
1,328.69
1,304.71
1,335.73
- -
Tangible Book Value per Share
653.67
714.2
753.27
822.01
874.53
929.13
983.77
1,089.05
1,202.5
1,309.25
1,305.8
1,284.66
1,325.66
- -
Basic Weighted Avg Shares
36
36
37
37
37
37
37
37
37
37
37
34
33
33
Sales/Revenue/Turnover
30,026
31,015
32,163
33,274
34,989
35,760
36,587
38,664
43,004
43,271
40,052
40,539
41,899
- -
Operating Margin (%)
10.02
9.11
10.99
11.95
9.94
12.9
12.63
17.1
19.51
17.23
8.43
7.4
6.97
- -
Depreciation Expense
1,114
1,253
1,430
1,563
1,660
1,594
1,627
1,711
2,058
2,125
2,326
2,554
2,536
- -
Net Income, GAAP
1,984
2,100
2,429
2,918
2,608
3,447
3,538
5,044
6,218
5,736
2,634
2,228
3,708
- -
Effective Tax Rate (%)
35.11
30.09
28.32
24.08
24.9
25.83
25.08
26.56
26.68
24.45
24.81
25.51
23.27
- -
Profit Margin (%)
6.61
6.77
7.55
8.77
7.45
9.64
9.67
13.05
14.46
13.26
6.58
5.5
8.85
- -
Working Capital
16,718
15,290
14,518
13,929
15,647
14,871
17,163
17,211
24,506
26,774
26,500
17,156
17,404
- -
LT Debt
628
596
568
583
782
830
829
782
3,798
3,919
3,951
4,038
3,580
- -
Total Equity
24,277
26,638
28,201
30,608
32,477
35,012
37,302
41,669
45,800
49,534
45,970
43,596
44,033
- -
Return on Invested Capital (%)
7.46
7.31
8.79
9.78
7.86
9.59
9.09
11.64
12.88
10.63
4.84
4.52
4.46
- -
Return on Capital (%)
7.8
7.92
8.59
9.65
8.03
9.89
9.48
12.41
13.41
11.07
5.08
4.56
7.51
- -
Return on Common Equity (%)
8.27
8.25
8.86
9.92
8.27
10.21
9.79
12.77
14.22
12.03
5.52
4.98
8.46
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
- -
3,711
- -
LT Borrowings
3,000
2,650
- -
LT Finance Leases
- -
930
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
33
33
Market Capitalization
78,926
100,710
83,930

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
32,327
32,040
- -
Cash, Cash Equivalents & STI
9,533
11,297
- -
Accounts Receivable, Net
11,697
10,168
- -
Inventories
9,064
7,991
- -
Total Current Liabilities
14,931
14,636
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
3,711
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.74%
1.34%
1%
Free Cash Flow
-194.07%
-95.99%
-393.59%
Net Income, GAAP
9.94%
2.49%
66.43%
Sales/Revenue/Turnover
2.78%
1.79%
3.35%
Total Cash Common Dividend
11.59%
11.01%
3.28%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
40,539
2026
- -
- -
- -
- -
41,899
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
64.82
2026
- -
- -
- -
- -
112.5
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
52.34
2026
- -
- -
- -
- -
56.37
2027
- -
- -
- -
- -
- -

Company Description

CEO
Yuji Segawa
Full Time Employees
696
Sector
Health technology
Industry
Medical specialties
Address
4-6 Kanda-Surugadai Tokyo TY Japan 101-0062
IPO Date
Jan 29, 1990
Business
Eiken Chemical Co., Ltd. (4549.T) manufactures and sells clinical diagnostic reagents, medical devices, and related equipment primarily in Japan and overseas markets. The company offers microbiological reagents for diagnosing microorganism infections including culture media, antimicrobial susceptibility tests, and rapid test reagents; urinalysis test strips detecting occult blood, protein, glucose, and other items; fecal immunochemical test (FIT) reagents and sampling bottles such as the OC Sensor series for colorectal cancer screening; immunological and serological reagents for infectious diseases, rheumatism, inflammation, atrophic gastritis, prostate specific antigens, and tumor markers; clinical chemistry reagents measuring biological components in blood serum and urine focused on lifestyle-related diseases; molecular diagnostic tests using proprietary Loop-mediated Isothermal Amplification (LAMP) technology including TB-LAMP for tuberculosis, Malaria-LAMP, and MINtS for lung cancer companion diagnostics; reagents and devices for food poisoning bacteria and environmental contamination testing; and various automated analyzers along with contract manufacturing of specialized equipment. Founded in 1939 and headquartered at 4-19-9 Taito, Taito-ku, Tokyo, Japan, Eiken Chemical operates through two main segments: clinical diagnostics serving hospitals, clinics, test centers, and screening facilities; and testing of food and environment for food/pharmaceutical companies. The company maintains subsidiaries for contract manufacturing of diagnostic reagents and pursues geographic expansion in Americas, EMEA (Europe, Middle East, Africa), and APAC regions, with overseas sales targeted to reach 15,100 million yen by FY2027. In May 2025, Eiken Chemical announced its new Medium-Term Management Plan for FY2025-FY2027 under the slogan "Challenges to Innovation," aiming for net sales of 46.9 billion yen, operating profit of 5.9 billion yen, ROIC of 8.1%, and ROE of 9.3% by FY2027 through portfolio restructuring, overseas expansion of FIT and TB-LAMP products, new product launches like MINtS expansions and Simprova applications, production site consolidations at Nogi Plant, and a shift to total payout ratio of 70% or higher. The plan includes strategic investments in Nanotis Corporation for saliva-based digital infectious disease testing, executive restructuring with new President & CEO Yuji Segawa effective June 2025, and tie-ups with Sysmex for global urinalysis growth and Tosoh for immunological reagents. In November 2025, the company cancelled 4 million treasury shares to optimize capital structure.