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Asahi Kagaku Kogyo Co 7928.T · JPY

Materials · Tokyo Stock Exchange · 🇯🇵 Japan

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584

+0.34%

Close of 9 Nov 2026, in JPY

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At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥8.87bn

FY2017FY2026

Net income

¥20.2m

FY2017FY2026

Free cash flow

¥393.8m

FY2017FY2026

Shareholders' equity

¥5.71bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥8.87bn¥8.36bn¥8.34bn¥8.66bn¥10.72bn¥10.41bn¥7.67bn¥8.51bn¥7.84bn¥7.05bn
Gross profit¥925.5m¥798.9m¥750.8m¥898.3m¥1.31bn¥1.52bn¥759.8m¥828.6m¥732.7m¥607.7m
Research and development¥7.6m¥71.3m¥4.9m¥3.7m¥4.8m¥5.3m¥5.1m¥5.4m¥6.6m¥5.0m
Operating income¥44.3m−¥45.6m¥37.9m¥169.8m¥527.1m¥806.2m¥94.2m¥146.0m¥95.7m¥72.1m
Net income¥20.2m¥47.1m¥93.8m¥23.0m¥389.5m¥552.6m¥47.8m−¥273.5m¥42.1m¥58.9m
Diluted earnings per share6.4815.0729.987.36124.55171.2314.80-84.7513.0518.26

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥7.35bn¥6.68bn¥6.95bn¥6.44bn¥6.85bn¥6.44bn¥5.19bn¥5.69bn¥6.13bn¥5.69bn
Cash and short-term investments¥2.19bn¥1.60bn¥1.95bn¥2.33bn¥1.65bn¥1.45bn¥1.49bn¥1.29bn¥1.52bn¥1.79bn
Total liabilities¥1.64bn¥1.39bn¥1.42bn¥1.29bn¥1.59bn¥1.81bn¥1.34bn¥1.82bn¥1.83bn¥1.45bn
Debt—¥120.0m——¥292,000¥881,000¥3.8m¥7.7m¥8.6m¥416,000
Shareholders' equity¥5.71bn¥5.29bn¥5.53bn¥5.15bn¥5.26bn¥4.62bn¥3.85bn¥3.87bn¥4.29bn¥4.24bn
Shares outstanding3m3m3m3m3m3m3m3m3m3m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥713.7m¥137.7m¥296.3m¥755.7m¥253.4m¥692.1m¥465.0m¥203.9m¥133.6m¥311.4m
Capital spending−¥319.9m−¥641.9m−¥252.7m−¥281.3m−¥429.2m−¥290.1m−¥229.8m−¥207.3m−¥463.4m−¥123.6m
Free cash flow¥393.8m−¥504.2m¥43.6m¥474.4m−¥175.9m¥402.1m¥235.2m−¥3.4m−¥329.7m¥187.8m
Dividends paid−¥31.1m−¥37.8m−¥25.3m−¥87.5m−¥112.7m−¥41.8m−¥28.9m−¥22.5m−¥22.5m−¥9.6m

Latest quarters

By quarter end

Aug 2026May 2026Feb 2026Nov 2025Aug 2025May 2025Feb 2025Nov 2024
Revenue¥2.33bn¥2.00bn¥2.22bn¥2.33bn¥2.01bn¥1.87bn¥2.18bn¥2.30bn
Gross profit¥234.8m¥186.8m¥242.7m¥261.2m¥192.9m¥161.5m¥201.9m¥237.2m
Operating income¥6.5m−¥19.7m¥22.8m¥34.6m¥5.4m−¥14.8m−¥8.4m−¥27.8m
Net income−¥6.4m−¥6.2m−¥2.7m¥35.5m¥22.7m¥18.9m¥11.8m−¥6.3m
Diluted earnings per share-2.05-2.00-0.8711.367.256.043.78-2.00
Cash from operations————¥137.0m———
Capital spending————−¥650.0m———
Free cash flow————−¥513.0m———
Total assets¥7.35bn¥7.20bn¥7.18bn¥6.72bn¥6.68bn¥6.74bn¥7.01bn¥6.82bn
Cash and short-term investments¥2.19bn¥2.08bn¥1.87bn¥1.82bn¥1.60bn¥1.49bn¥1.41bn¥1.55bn
Debt————¥120.0m¥115.0m¥185.0m—
Shareholders' equity¥5.71bn¥5.65bn¥5.58bn¥5.41bn¥5.29bn¥5.32bn¥5.46bn¥5.27bn

Financial ratios

Data as of 30 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Gross margin10.4%9.6%9.0%10.4%12.2%14.6%———
Operating margin0.5%-0.5%0.5%2.0%4.9%7.7%———
Net margin0.2%0.6%1.1%0.3%3.6%5.3%———
Return on equity0.4%0.9%1.7%0.4%7.4%12.0%———
Return on assets0.3%0.7%1.3%0.4%5.7%8.6%———
Free cash flow yield55.3%41.5%29.3%55.3%36.4%50.7%———
Revenue growth6.1%0.2%-3.7%-19.2%3.0%35.8%———
Earnings growth-57.2%-49.7%307.7%-94.1%-29.5%1056.6%———
Current ratio2.72x2.64x2.91x3.54x2.80x2.14x———
Debt to equity—0.02x——0.00x0.00x0.00x0.00x0.00x
Equity ratio77.7%79.2%79.6%79.9%76.8%71.8%———
Interest coverage297.36x-54.80x—11319.80x7320.78x4134.29x209.41x——
R&D as a share of sales0.1%0.9%0.1%0.0%0.0%0.1%———
Buybacks as a share of market value0.4%0.0%-0.0%0.0%3.1%0.0%———

Growth per year

Compound annual rate

3 years5 years10 years
Revenue0.8%-3.2%3.5%
Operating income-36.1%-44.0%—
Net income-4.2%-48.4%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin10.0%9.9%11.2%10.3%
Operating margin-0.0%0.6%2.8%2.0%
Net margin0.4%0.5%2.0%0.8%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings89.839.118.971.75.05.240.0-6.129.833.7
Price to sales0.20.20.20.20.20.30.30.20.20.3

Dividends and splits

Per share, in the currency the company pays

Paid for 35 years. Last went ex-dividend on 26 Feb 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year5.0012.008.0025.0035.0013.009.007.00
  • 1.1-for-1 split · 26 Aug 1993

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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