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Hodogaya Chemical Co 4112.T · JPY

Materials · Tokyo Stock Exchange · 🇯🇵 Japan

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1,893

+2.10%

Close of 9 Nov 2026, in JPY

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At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥48.04bn

FY2017FY2026

Net income

¥3.05bn

FY2017FY2026

Free cash flow

−¥254.0m

FY2017FY2026

Shareholders' equity

¥52.58bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥48.04bn¥48.58bn¥44.26bn¥43.32bn¥41.88bn¥41.20bn¥37.77bn¥37.55bn¥38.69bn¥34.74bn
Gross profit¥18.38bn¥18.91bn¥16.87bn¥16.50bn¥17.50bn¥15.96bn¥12.67bn¥12.78bn¥13.77bn¥11.26bn
Research and development¥5.92bn¥5.64bn¥5.01bn¥4.94bn¥3.86bn¥3.38bn¥2.88bn¥2.90bn¥3.01bn¥2.75bn
Operating income¥3.71bn¥4.88bn¥3.95bn¥3.70bn¥6.42bn¥5.48bn¥2.95bn¥3.03bn¥3.90bn¥2.13bn
Net income¥3.05bn¥3.18bn¥2.48bn¥2.22bn¥3.25bn¥3.12bn¥1.86bn¥1.88bn¥2.86bn¥1.95bn
Diluted earnings per share191.84199.80156.10140.05205.19196.96117.34119.11181.14123.38

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥86.41bn¥79.86bn¥81.16bn¥72.05bn¥66.45bn¥62.61bn¥54.90bn¥57.14bn¥54.99bn¥53.43bn
Cash and short-term investments¥10.14bn¥10.77bn¥12.96bn¥10.49bn¥11.45bn¥9.45bn¥6.88bn¥7.56bn¥6.70bn¥7.17bn
Total liabilities¥22.79bn¥21.32bn¥23.71bn¥22.16bn¥18.54bn¥18.96bn¥17.86bn¥20.28bn¥19.13bn¥19.57bn
Debt¥9.49bn¥8.79bn¥9.81bn¥11.08bn¥7.02bn¥8.19bn¥8.02bn¥8.70bn¥7.47bn¥9.17bn
Shareholders' equity¥52.58bn¥48.60bn¥47.73bn¥42.83bn¥41.41bn¥38.67bn¥33.94bn¥33.98bn¥33.27bn¥31.80bn
Shares outstanding16m16m16m16m16m16m16m16m16m16m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥6.09bn¥5.67bn¥8.34bn¥1.06bn¥6.14bn¥5.38bn¥3.60bn¥2.52bn¥4.21bn¥3.10bn
Capital spending−¥6.35bn−¥5.42bn−¥5.36bn−¥3.12bn−¥1.76bn−¥2.31bn−¥2.05bn−¥2.17bn−¥1.02bn−¥635.0m
Free cash flow−¥254.0m¥248.0m¥2.99bn−¥2.06bn¥4.38bn¥3.07bn¥1.55bn¥360.0m¥3.20bn¥2.46bn
Dividends paid−¥772.0m−¥670.0m−¥564.0m−¥492.0m−¥433.0m−¥393.0m−¥395.0m−¥396.0m−¥471.0m−¥392.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥12.81bn¥13.59bn¥11.90bn¥11.16bn¥11.38bn¥11.34bn¥10.63bn¥12.12bn
Gross profit¥5.58bn¥5.01bn¥4.62bn¥4.14bn¥4.60bn¥3.73bn¥3.75bn¥5.01bn
Operating income¥1.61bn¥1.28bn¥894.0m¥548.0m¥986.0m¥291.0m¥230.0m¥1.51bn
Net income¥1.01bn¥1.06bn¥757.0m¥620.0m¥615.0m¥294.0m¥335.0m¥841.0m
Diluted earnings per share63.7666.7147.5938.9838.6618.4821.0852.91
Cash from operations¥1.91bn¥953.0m¥1.01bn¥3.29bn¥840.0m¥982.0m−¥41.0m¥2.46bn
Capital spending−¥1.17bn−¥1.80bn−¥1.67bn−¥1.41bn−¥1.46bn−¥1.03bn−¥1.56bn−¥1.22bn
Free cash flow¥745.0m−¥850.0m−¥656.0m¥1.87bn−¥622.0m−¥47.0m−¥1.60bn¥1.24bn
Total assets¥90.22bn¥86.41bn¥87.48bn¥84.29bn¥80.71bn¥79.86bn¥82.51bn¥82.66bn
Cash and short-term investments¥10.54bn¥10.14bn¥11.66bn¥12.46bn¥9.71bn¥10.77bn¥11.86bn¥13.71bn
Debt¥5.03bn¥9.36bn¥5.03bn¥9.73bn¥5.29bn¥8.61bn¥5.49bn¥8.99bn
Shareholders' equity¥54.27bn¥52.58bn¥52.45bn¥50.95bn¥49.51bn¥48.60bn¥49.43bn¥49.30bn

Financial ratios

Data as of 20 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin38.2%38.9%38.1%38.1%41.8%38.7%
Operating margin7.7%10.0%8.9%8.5%15.3%13.3%
Net margin6.4%6.5%5.6%5.1%7.8%7.6%
Return on equity5.8%6.5%5.2%5.2%7.9%8.1%
Return on assets3.5%4.0%3.1%3.1%4.9%5.0%
Free cash flow yield37.0%33.0%40.8%12.5%23.6%23.0%
Revenue growth-1.1%9.8%2.2%3.5%1.7%9.1%
Earnings growth-3.9%28.1%11.6%-31.6%4.3%67.9%
Current ratio2.73x2.62x2.62x2.82x2.96x2.55x
Debt to equity0.18x0.18x0.20x0.25x0.16x0.20x
Equity ratio60.8%60.9%58.8%59.4%62.3%61.8%
Interest coverage33.16x60.20x52.69x71.19x136.64x107.51x
R&D as a share of sales12.3%11.6%11.3%11.4%9.2%8.2%
Buybacks as a share of market value-0.1%-0.1%-0.1%-0.2%-0.1%-0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue3.5%3.1%3.6%
Operating income0.1%-7.5%16.2%
Net income11.2%-0.4%14.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin38.6%38.4%39.0%36.5%
Operating margin8.9%8.8%10.5%9.1%
Net margin6.5%5.9%6.5%5.9%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings10.311.212.413.36.915.021.617.85.524.1
Price to sales0.70.70.70.70.51.11.10.90.41.4

Dividends and splits

Per share, in the currency the company pays

Paid for 21 years. Last went ex-dividend on 29 Sept 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year30.0072.5041.2535.0031.2527.5025.0025.00
  • 2-for-1 split · 28 Mar 2025
  • 10-to-1 reverse split · 28 Sept 2016
  • 27-for-25 split · 28 Mar 1989

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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