Natoco Co., Ltd.

Natoco Co., Ltd.

TTSE:4627
2,034.00
JPY
-51.00
(-2.45%)
145.19EPS
10.59P/E
11.61BMarket Cap
Dec 10Next Earn
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
2,185.53
1,743.56
1,976.45
1,968.89
2,095.19
2,244.87
2,346.58
2,153.78
2,524.92
2,709.86
2,671.3
2,748.38
2,948.86
2,659.51
Basic EPS, GAAP
205.87
90.89
80.44
79.36
144.07
134.62
129.71
136.23
217.37
200.69
126.01
126.6
150.62
145.19
Free Cash Flow per Basic Share
-147.41
-110.65
-90.03
-202.3
-183.83
-59.49
-301.43
-473.74
-465.94
-434.33
-415.77
-256.27
110.54
- -
Dividend per Share
15.97
31.39
24.08
25.98
26.01
33.96
38
40.5
50.97
54.94
50.79
54.74
51.98
- -
Book Value per Share
1,940.21
2,034.46
2,110.42
2,120.82
2,279.74
2,349.38
2,435.11
2,524.98
2,730.29
2,926.63
3,013.94
3,121.47
3,232.1
3,068.78
Tangible Book Value per Share
1,912.51
1,998.19
2,074.83
2,094.7
2,254.43
2,326.12
2,413.33
2,502.83
2,687.79
2,874.24
2,966.24
3,072.27
3,187.3
3,021.08
Basic Weighted Avg Shares
7
8
8
8
8
8
8
8
8
8
8
8
8
8
Sales/Revenue/Turnover
16,007
14,190
14,909
14,852
15,805
16,934
17,701
16,247
19,047
20,446
20,164
20,753
22,275
20,079
Operating Margin (%)
16
7.72
6.27
7.99
9.25
8.69
8.72
8.87
10.63
8.39
6.22
5.94
6.28
5.64
Depreciation Expense
443
416
529
486
552
644
610
607
556
723
761
798
720
- -
Net Income, GAAP
1,508
740
607
599
1,087
1,016
978
1,028
1,640
1,514
951
956
1,138
1,096
Effective Tax Rate (%)
39.15
42.54
47.82
41.83
32.45
30.62
34.81
29.52
25.22
28.55
28.98
31.89
27.76
29.24
Profit Margin (%)
9.42
5.21
4.07
4.03
6.88
6
5.53
6.33
8.61
7.41
4.72
4.61
5.11
5.46
Working Capital
9,540
9,207
9,803
9,969
10,764
11,677
12,443
12,622
13,363
13,831
14,618
15,668
15,341
15,753
LT Debt
- -
48
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
15,251
15,347
15,920
15,998
17,197
17,722
18,369
19,047
20,596
22,085
22,753
23,573
24,585
23,175
Return on Invested Capital (%)
10.53
3.97
3.07
4.26
5.86
5.76
5.5
5.35
7.52
5.66
3.94
3.6
4.15
3.53
Return on Capital (%)
9.53
4.82
3.87
3.75
6.55
5.82
5.42
5.49
8.27
7.1
4.24
4.13
4.73
4.86
Return on Common Equity (%)
11.36
5.01
3.88
3.75
6.55
5.82
5.42
5.49
8.27
7.1
4.24
4.13
4.74
4.86

Capital Structure

JPY

•

in mil. unless spec.
Oct'23
Jan'24
Apr'24
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
8
Market Capitalization
10,607
11,249
11,615

Working Capital

JPY

•

in mil. unless spec.
Oct'23
Jan'24
Apr'24
Total Current Assets
20,126
19,901
20,937
Cash, Cash Equivalents & STI
10,273
10,327
11,784
Accounts Receivable, Net
5,558
5,121
4,876
Inventories
2,181
2,261
2,325
Total Current Liabilities
5,508
5,264
5,184
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.46%
5.25%
4.29%
Free Cash Flow
31.77%
-38.83%
-143.15%
Net Income, GAAP
10.93%
6.85%
19.02%
Sales/Revenue/Turnover
4.29%
6.69%
7.33%
Total Cash Common Dividend
8.6%
5.79%
-5.01%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,877
4,823
- -
- -
20,753
2025
- -
- -
- -
- -
22,275
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16.95
31.72
- -
- -
126.6
2025
- -
- -
- -
- -
150.62
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
54.74
2025
- -
- -
- -
- -
51.98
2026
- -
- -
- -
- -
- -

Company Description

CEO
Taichi Kasuya
Full Time Employees
452
Sector
Process industries
Industry
Industrial specialties
Address
18 Shogayama Uchikoshi-cho Miyoshi AI Japan 470-0213
IPO Date
Jun 1, 1993
Business
Natoco Co., Ltd. (4627.T) manufactures and sells paints, fine chemicals, synthetic resins, inks, thinners, and related products; it operates through three segments including paints for industrial, construction, and exterior applications such as synthetic resin paints, exterior sidings, roofs, wood flooring, UV coatings, insulative paints, water-based paints, powder coatings like ECONA 52Q, and functional brands such as Super One silicone acrylic resin paints and DERACOOL heat-shielding paints; fine chemicals encompassing highly functional resins, coating agents for information devices, display films, and automobile interiors; and distillation involving collection, recycling of used solvents, sale of pure and recycled thinners, and industrial waste disposal. The company, founded in 1948 and headquartered in Miyoshi-shi, Aichi Prefecture, Japan, serves markets in automotive, construction, electronics, and heavy equipment sectors with approximately 350 specially contracted distributors in Japan and international subsidiaries including Natoco Fine Chemical (Qingdao) Co., Ltd. in China, NATOCO PAINT PHILIPPINES, Inc. in the Philippines, NATOCO PAINT (THAILAND) Co., Ltd. in Thailand, NATOCO VIETNAM Company Limited in Vietnam, and affiliates such as TOMOE Co., Ltd., IC Sangyo Co., Ltd., and Mitsumaru Chemical Co., Ltd. for distillation operations; it maintains branches in Japan, Korea, and facilities like the Head Plant, Gunma Plant, and Central Laboratory. Recent developments include the June 2025 acquisition of Mitsumaru Chemical Co., Ltd. as a subsidiary to strengthen distillation and solvent recycling capabilities, a 2023 corporate logo renewal, the 2022 shift from Tokyo Stock Exchange JASDAQ (Standard) to the Standard Market, and an agreement to acquire the business related to manufacturing and sales of paints for interior building materials from DIC Decor, Inc.; the company continues expanding fine chemical R&D and overseas manufacturing presence.