Harima Chemicals Group Inc

Chart & Performance

D1W1MN

P/E

—

P/S

0.22

EPS

—

Div Yield, %

4.96%

Shrs. gr., 5y

-1.39%

Rev. gr., 5y

3.28%

Revenues

92.33b

-2.31%

Net income

-1.16b

CFO

353m

Dividend

Mar 28, 20250 JPY/sh

Profile

Harima Chemicals Group, Inc. primarily manufactures and sells various chemicals and electronic materials in Japan, China, rest of Asia, South and North America, Europe, and internationally. It operates through Resin & Tall Oil Products, Paper Chemicals, Electronics Materials, and Lawter segments. The company's Resin & Tall Oil Products segment offers resin and tail oil products, including printing ink resins that are used to display information and colors in newspapers, magazines, flyers, and posters; paint resins to protect various objects from rust and deterioration, and enhance the appearance of man-made objects, such as automobiles, industrial products, buildings, and everyday items; adhesive resins; and synthetic rubber emulsifiers, which are used in automobile tires. Its Paper Chemicals segment provides paper chemicals comprising sizing agents for preventing water-based inks from bleeding; paper strengthening agents for structural fortification; coating agents that are used for enhancing and reinforcing paper surfaces; and pitch control agents. The company's Electronics Materials segment offers electronic materials, which include solder pastes and conductive pastes that are used to mount microchips and form electronic circuits; and aluminum brazing materials for use in the manufacture of aluminum products. Its Lawter segment manufactures and sells adhesive resin and printing ink resins. The company also manufactures and sells industrial detergents, etc.; and provides real estate management services. The company was formerly known as Harima Chemicals, Inc. and changed its name to Harima Chemicals Group, Inc. in October 2012. Harima Chemicals Group, Inc. was incorporated in 1947 and is headquartered in Tokyo, Japan.

URL

https://www.harima.co.jp/

IPO date

Nov 05, 1985

Employees

1,710

Domiciled in

Incorporated in

Valuation

Order:

Title JPY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title JPY in thousands, except ratios and share amounts	2024‑03	2023‑03	2022‑03	2021‑03	2020‑03	2019‑03	2018‑03	2017‑03	2016‑03	2015‑03
Income
Revenues	92,330,000 -2.31%	94,510,872 24.20%	76,093,061 21.07%
Cost of revenue	91,988,000	82,343,167	64,491,867
Unusual Expense (Income)
NOPBT	342,000	12,167,705	11,601,194
NOPBT Margin	0.37%	12.87%	15.25%
Operating Taxes	639,000	1,038,768	882,111
Tax Rate	186.84%	8.54%	7.60%
NOPAT	(297,000)	11,128,937	10,719,083
Net income	(1,161,000) -231.08%	885,728 -49.28%	1,746,268 60.01%
Dividends	(1,017,000)	(998,003)	(955,694)
Dividend yield	4.54%	4.59%	4.76%
Proceeds from repurchase of equity		9,018,851	3,525,265
BB yield		-41.52%	-17.56%
Debt
Debt current	31,648,000	25,861,554	8,083,931
Long-term debt	9,643,000	9,838,476	14,224,846
Deferred revenue	5,000	143,451	286,326
Other long-term liabilities	1,152,000	992,493	1,085,024
Net debt	24,448,000	19,756,128	6,094,027
Cash flow
Cash from operating activities	353,000	(466,236)	2,833,248
CAPEX	(3,428,000)	(4,329,766)	(2,856,240)
Cash from investing activities	(3,197,000)	(6,649,200)	(3,438,767)
Cash from financing activities	2,895,000	7,657,473	2,106,654
FCF	(5,016,437)	2,257,960	7,545,590
Balance
Cash	6,851,000	6,300,902	6,630,750
Long term investments	9,992,000	9,643,000	9,584,000
Excess cash	12,226,500	11,218,358	12,410,097
Stockholders' equity	32,895,000	32,865,279	32,504,294
Invested Capital	69,173,500	64,149,947	50,193,587
ROIC		19.47%	22.15%
ROCE	0.41%	15.93%	18.28%
EV
Common stock shares outstanding	24,223	24,769	25,155
Price	925.00 5.47%	877.00 9.90%	798.00 -15.47%
Market cap	22,406,275 3.15%	21,722,413 8.21%	20,073,690 -15.37%
EV	50,517,275	45,196,380	30,726,122
EBITDA	3,071,000	14,636,789	13,776,343
EV/EBITDA	16.45	3.09	2.23
Interest	579,000	424,595	272,808
Interest/NOPBT	169.30%	3.49%	2.35%