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T

Toho Chemical Industry Co 4409.T · JPY

Materials · Tokyo Stock Exchange · 🇯🇵 Japan

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761

+0.13%

Close of 9 Nov 2026, in JPY

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At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥53.63bn

FY2017FY2026

Net income

¥1.53bn

FY2017FY2026

Free cash flow

¥9.0m

FY2017FY2026

Shareholders' equity

¥24.03bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥53.63bn¥53.61bn¥50.60bn¥55.36bn¥49.89bn¥40.65bn¥42.16bn¥45.29bn¥42.76bn¥38.55bn
Gross profit¥8.59bn¥8.18bn¥6.84bn¥7.29bn¥7.23bn¥6.65bn¥7.36bn¥9.23bn¥9.26bn¥7.11bn
Research and development—¥1.89bn¥1.85bn¥1.78bn¥1.73bn¥1.62bn¥1.64bn¥840.0m¥779.0m¥763.0m
Operating income¥2.09bn¥2.19bn¥771.0m¥1.38bn¥1.61bn¥1.39bn¥2.01bn¥2.20bn¥7.39bn¥1.44bn
Net income¥1.53bn¥1.54bn¥546.0m¥977.0m¥1.40bn¥1.00bn¥1.38bn¥1.91bn¥997.0m¥318.0m
Diluted earnings per share72.6273.3825.9746.4666.3447.1264.6189.4646.7514.91

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥70.82bn¥67.86bn¥69.94bn¥67.95bn¥66.49bn¥58.42bn¥53.30bn¥52.41bn¥49.81bn¥46.69bn
Cash and short-term investments¥5.34bn¥5.90bn¥6.75bn¥6.08bn¥7.50bn¥9.29bn¥9.00bn¥8.26bn¥8.98bn¥7.03bn
Total liabilities¥46.70bn¥46.78bn¥50.77bn¥50.18bn¥49.58bn¥43.29bn¥39.72bn¥39.31bn¥38.20bn¥36.42bn
Debt¥28.58bn¥28.58bn¥30.26bn¥29.94bn¥28.18bn¥24.59bn¥23.08bn¥20.68bn¥19.95bn¥20.97bn
Shareholders' equity¥24.03bn¥20.99bn¥19.08bn¥17.69bn¥16.82bn¥15.04bn¥13.51bn¥13.02bn¥11.54bn¥10.18bn
Shares outstanding21m21m21m21m21m21m21m21m21m21m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥4.40bn¥3.30bn¥3.40bn¥1.70bn−¥572.0m¥2.46bn¥4.06bn¥2.00bn¥4.00bn¥2.76bn
Capital spending−¥4.39bn−¥2.85bn−¥2.00bn−¥4.85bn−¥4.46bn−¥3.30bn−¥3.88bn−¥2.77bn−¥1.03bn−¥514.0m
Free cash flow¥9.0m¥450.0m¥1.40bn−¥3.15bn−¥5.03bn−¥839.0m¥178.0m−¥772.0m¥2.97bn¥2.25bn
Dividends paid−¥420.0m−¥357.0m−¥315.0m−¥319.0m−¥319.0m−¥319.0m−¥255.0m−¥213.0m−¥127.0m−¥127.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥14.84bn¥14.09bn¥13.53bn¥12.90bn¥13.10bn¥13.69bn¥13.29bn¥13.41bn
Gross profit¥2.49bn¥2.32bn¥2.16bn¥1.97bn¥2.14bn¥1.97bn¥2.17bn¥2.08bn
Operating income¥874.0m¥622.0m¥576.0m¥330.0m¥561.0m¥350.0m¥573.0m¥482.0m
Net income¥545.0m¥582.0m¥422.0m¥175.0m¥348.0m¥249.0m¥437.0m¥341.0m
Diluted earnings per share25.9227.6820.078.3216.5511.8420.7816.22
Total assets¥73.05bn¥70.82bn¥71.05bn¥68.30bn¥67.69bn¥67.86bn¥70.96bn¥69.28bn
Cash and short-term investments¥5.41bn¥5.34bn¥6.32bn¥5.92bn¥5.45bn¥5.90bn¥7.55bn¥6.18bn
Debt¥11.90bn¥27.36bn¥11.87bn¥26.84bn¥12.30bn¥27.08bn¥10.71bn¥27.98bn
Shareholders' equity¥24.96bn¥24.03bn¥22.20bn¥20.97bn¥20.54bn¥20.99bn¥19.87bn¥20.30bn

Financial ratios

Data as of 29 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin16.0%15.2%13.5%13.2%14.5%16.3%—
Operating margin3.9%4.1%1.5%2.5%3.2%3.4%—
Net margin2.8%2.9%1.1%1.8%2.8%2.5%—
Return on equity6.4%7.4%2.9%5.5%8.3%6.7%—
Return on assets2.2%2.3%0.8%1.4%2.1%1.7%—
Free cash flow yield49.9%34.9%30.7%37.2%22.1%32.3%—
Revenue growth0.0%6.0%-8.6%11.0%22.7%-3.6%—
Earnings growth-1.0%182.6%-44.1%-30.0%38.8%-27.1%—
Current ratio1.53x1.55x1.51x1.45x1.36x1.50x—
Debt to equity1.14x1.29x1.50x1.64x1.60x1.54x—
Equity ratio33.9%30.9%27.3%26.0%25.3%25.8%—
Interest coverage4.84x5.67x2.38x4.49x5.85x5.92x—
R&D as a share of sales—3.5%3.7%3.2%3.5%4.0%3.9%
Buybacks as a share of market value0.0%0.0%0.0%0.0%1.4%0.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-1.1%5.7%3.2%
Operating income14.7%8.6%6.1%
Net income16.1%8.7%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin15.6%14.5%14.7%16.3%
Operating margin4.0%3.0%3.1%4.6%
Net margin2.9%2.2%2.3%2.2%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings10.910.123.210.87.510.66.95.87.047.4
Price to sales0.30.30.30.20.20.30.20.30.20.4

Dividends and splits

Per share, in the currency the company pays

Paid for 16 years. Last went ex-dividend on 30 Mar 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year42.0017.0015.0015.0015.0015.0012.0010.00

Sources and methodology

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

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