Ishihara Chemical Co Ltd

Chart & Performance

D1W1MN

P/E

15.89

P/S

1.46

EPS

139.62

Div Yield, %

1.73%

Shrs. gr., 5y

-1.73%

Rev. gr., 5y

5.61%

Revenues

20.71b

+1.77%

Net income

1.91b

+13.18%

CFO

1.84b

+94.71%

Dividend

Mar 28, 20250 JPY/sh

Profile

Ishihara Chemical Co., Ltd. engages in the manufacture and sale of chemical products in Japan and internationally. The company provides plating chemicals that are used in the production of electronic components for use in household appliances, communications devices, office equipment, and other products; and analytical equipment for surface treatment solutions utilized in production processes for printed circuit boards and display panels used in flat-panel televisions, mobile phones, game consoles, and other media devices, as well as provides reagents for use with these devices, and after-sales services. It also offers electronic materials, such as submicron nickel powders that are used in the manufacture of capacitor electrodes; ceramic products, including machinable and engineering ceramics; and ceramic parts, which are used in various components and fixtures, such as semiconductor and LCD manufacturing equipment. In addition, the company develops, manufactures, and sells automotive chemicals under the Unicon brand, including car wash detergents for use at gas stations; maintenance chemicals for use at automotive inspection and repair shops; FMC compounds and repair chemicals for use at automotive sheet metal painting plants; and anti-spatter agents for welding, as well as consumer products for resale at automotive and other shops. Further, it distributes inorganic compounds and fine chemicals, including acids, alkalis, catalysts, etc. to steel, chemical, and heavy industries, as well as to government agencies. Ishihara Chemical Co., Ltd. was founded in 1900 and is headquartered in Kobe, Japan.

URL

https://www.unicon.co.jp/

IPO date

Nov 28, 1991

Employees

273

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	20,705,352 1.77%	20,345,090 6.87%	19,036,683 12.20%
Cost of revenue	18,375,916	18,205,552	13,813,881
Unusual Expense (Income)
NOPBT	2,329,436	2,139,538	5,222,802
NOPBT Margin	11.25%	10.52%	27.44%
Operating Taxes	715,814	730,960	752,276
Tax Rate	30.73%	34.16%	14.40%
NOPAT	1,613,622	1,408,578	4,470,526
Net income	1,906,932 13.18%	1,684,857 -17.80%	2,049,814 36.22%
Dividends	(525,483)	(478,787)	(380,327)
Dividend yield	1.89%	2.22%	1.93%
Proceeds from repurchase of equity	(338,730)	(683,848)	(456,067)
BB yield	1.22%	3.18%	2.31%
Debt
Debt current	4,102	4,889	4,509
Long-term debt	17,267	19,047	22,483
Deferred revenue
Other long-term liabilities	232,004	241,743	199,392
Net debt	(12,784,386)	(13,235,045)	(13,859,887)
Cash flow
Cash from operating activities	1,844,679	947,418	1,786,589
CAPEX	(712,222)	(409,347)	(232,994)
Cash from investing activities	(281,440)	716,590	(604,654)
Cash from financing activities	(883,037)	(1,184,925)	(862,547)
FCF	551,762	361,677	4,310,584
Balance
Cash	6,540,287	5,927,981	5,535,879
Long term investments	6,265,468	7,331,000	8,351,000
Excess cash	11,770,487	12,241,726	12,935,045
Stockholders' equity	22,042,795	20,968,200	19,885,061
Invested Capital	11,572,179	9,517,264	8,337,071
ROIC	15.30%	15.78%	54.90%
ROCE	9.77%	9.64%	24.01%
EV
Common stock shares outstanding	14,949	15,271	15,766
Price	1,856.00 31.63%	1,410.00 12.80%	1,250.00 10.82%
Market cap	27,745,344 28.86%	21,532,110 9.26%	19,707,500 8.75%
EV	14,960,958	8,297,065	5,847,613
EBITDA	2,842,655	2,678,582	5,714,265
EV/EBITDA	5.26	3.10	1.02
Interest	681	1,303	858
Interest/NOPBT	0.03%	0.06%	0.02%