Live News • Jun 25
Shikoku Kasei Lifts Profit Target and Dividend After Q1 Growth Shikoku Kasei Holdings reported Q1 2026 net sales up 18.2%, with profit attributable to owners rising 58.0%, and lifted its full-year targets to ¥88.0b in net sales and ¥10.0b in profit attributable to owners. The company is also planning to raise the annual dividend to ¥60 per share for the year ending 31 December 2026.
Management widened the consolidation scope alongside the upgraded forecast, which points to a larger reporting base and a higher planned cash return to shareholders than previously guided.
The stock trades at ¥7,290, with the share price up 167.4% year to date, which indicates that investors have already priced in a substantial amount of optimism around Shikoku Kasei’s outlook.
The combination of stronger Q1 profitability, higher full-year guidance and a richer dividend policy indicates management confidence, but the sharp year-to-date share price gain means readers should pay close attention to how closely future results track these upgraded targets. Announcement • Jun 25
Shikoku Kasei Holdings Corporation to Report Q2, 2026 Results on Aug 12, 2026 Shikoku Kasei Holdings Corporation announced that they will report Q2, 2026 results on Aug 12, 2026 Announcement • Jun 24
Shikoku Kasei Holdings Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2026 Shikoku Kasei Holdings Corporation revised consolidated earnings guidance for the fiscal year ending December 31, 2026. For the period, the company revised Net sales forecast of JPY 88,000 million against previous guidance of JPY 80,000 million, revised Operating profit guidance of JPY 14,400 million against previous guidance of JPY 14,400 million, revised Profit attributable to owners of parent guidance of JPY 10,000 million against previous guidance of JPY 10,000 million, and revised Basic earnings per share guidance of JPY 231.22 per share against previous guidance of JPY 231.22 per share. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 07 September 2026. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.9%). Lower than average of industry peers (2.0%). Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥7,170, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Chemicals industry in Japan. Total returns to shareholders of 417% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,224 per share. Live News • Jun 02
Shikoku Kasei Holdings Unveils 2-for-1 Stock Split With Revised Dividend Plan Shikoku Kasei Holdings plans a 2-for-1 stock split effective June 29, 2026, with trading on a split-adjusted basis starting the same day.
The company aims to make the stock more accessible and improve liquidity, while keeping the overall corporate value unchanged post-split.
The year-end dividend forecast has been revised to match the higher share count, targeting the same total dividend payout, and the stock rose 1.13% on the announcement date in May 2026.
The key takeaway is that the stock split changes the number of shares and per-share figures, but not the underlying value of your stake or the total dividend the company plans to pay out.
You may want to watch how trading volumes and bid-ask spreads react around late June 2026, since improved liquidity and a lower per-share price can affect how easily you can enter or exit positions. Announcement • May 29
Shikoku Kasei Holdings Corporation Revises Dividend Guidance for the Fiscal Year Ending December 31, 2026 Shikoku Kasei Holdings Corporation revised dividend guidance for the fiscal year ending December 31, 2026. For the year, the company now expects dividend of JPY 15.00 per share against JPY 30.00 per share a year ago. Reported Earnings • May 20
First quarter 2026 earnings released: EPS: JP¥70.31 (vs JP¥43.07 in 1Q 2025) First quarter 2026 results: EPS: JP¥70.31 (up from JP¥43.07 in 1Q 2025). Revenue: JP¥19.9b (up 18% from 1Q 2025). Net income: JP¥3.04b (up 58% from 1Q 2025). Profit margin: 15% (up from 12% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Chemicals industry in Japan. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥5,940, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 342% over the past three years. Declared Dividend • Apr 11
Final dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 29th June 2026 Payment date: 7th September 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (28% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥5,110, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 294% over the past three years. Reported Earnings • Mar 29
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: JP¥193. Revenue: JP¥70.7b (up 1.7% from FY 2024). Net income: JP¥8.46b (down 4.0% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.2%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥5,340, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 330% over the past three years. Announcement • Feb 26
Shikoku Kasei Holdings Corporation (TSE:4099) and Shikoku Chemicals Corporation completed the acquisition of PT Timuraya Tunggal from Archipelago Asia Focus Fund Pte Ltd and Tan Sek Khee. Shikoku Kasei Holdings Corporation (TSE:4099) and Shikoku Chemicals Corporation signed a letter of intent to acquire PT Timuraya Tunggal from Archipelago Asia Focus Fund Pte Ltd and Tan Sek Khee for approximately IDR 480 billion on November 26, 2025. Shikoku Kasei Holdings Corporation and Shikoku Chemicals Corporation entered into a share transfer agreement to acquire PT Timuraya Tunggal from Archipelago Asia Focus Fund Pte Ltd and Tan Sek Khee on November 26, 2025. A cash consideration of IDR 477.8 billion ($30 million) will be paid by Shikoku Kasei Holdings Corporation and Shikoku Chemicals Corporation. As part of consideration, IDR 477.8 billion ($30 million) is paid towards common equity of PT Timuraya Tunggal.
For the period ending December 31, 2024, PT Timuraya Tunggal reported total revenue of IDR 985.51 billion, EBIT of IDR 26.73 billion and net income of IDR 0.4 million. As of December 31, 2024, PT Timuraya Tunggal reported total assets of IDR 983.05 billion and total common equity of IDR 415.4 billion.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the boards of Shikoku Kasei Holdings Corporation and Shikoku Chemicals Corporation.
The expected completion of the transaction is in the first quarter of 2026.
Shikoku Kasei Holdings Corporation (TSE:4099) and Shikoku Chemicals Corporation completed the acquisition of PT Timuraya Tunggal from Archipelago Asia Focus Fund Pte Ltd and Tan Sek Khee on February 26, 2026. The closing conditions for this acquisition have been fulfilled. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥5,320, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 15x in the Chemicals industry in Japan. Total returns to shareholders of 345% over the past three years. Reported Earnings • Jan 30
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: JP¥193. Revenue: JP¥70.7b (up 1.7% from FY 2024). Net income: JP¥8.46b (down 4.0% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.2%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Japan. Announcement • Jan 29
Shikoku Kasei Holdings Corporation, Annual General Meeting, Mar 26, 2026 Shikoku Kasei Holdings Corporation, Annual General Meeting, Mar 26, 2026. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥3,755, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 217% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,754 per share. Buy Or Sell Opportunity • Jan 29
Now 36% overvalued after recent price rise Over the last 90 days, the stock has risen 37% to JP¥3,755. The fair value is estimated to be JP¥2,754, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 06 March 2026. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.5%). Announcement • Dec 20
Shikoku Kasei Holdings Corporation to Report Fiscal Year 2025 Results on Jan 29, 2026 Shikoku Kasei Holdings Corporation announced that they will report fiscal year 2025 results on Jan 29, 2026 Announcement • Nov 27
Shikoku Kasei Holdings Corporation (TSE:4099) and Shikoku Chemicals Corporation signed a letter of intent to acquire PT Timuraya Tunggal from Archipelago Asia Focus Fund Pte Ltd and Tan Sek Khee for approximately IDR 500 billion. Shikoku Kasei Holdings Corporation (TSE:4099) and Shikoku Chemicals Corporation signed a letter of intent to acquire PT Timuraya Tunggal from Archipelago Asia Focus Fund Pte Ltd and Tan Sek Khee for approximately IDR 500 billion on November 26, 2025. A cash consideration of IDR 498.75 billion will be paid by Shikoku Kasei Holdings Corporation and Shikoku Chemicals Corporation. As part of consideration, IDR 498.75 billion is paid towards common equity of PT Timuraya Tunggal.
For the period ending December 31, 2024, PT Timuraya Tunggal reported total revenue of IDR 985.51 billion, EBIT of IDR 26.73 billion and net income of IDR 0.4 million. As of December 31, 2024, PT Timuraya Tunggal reported total assets of IDR 983.05 billion and total common equity of IDR 415.4 billion.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the boards of Shikoku Kasei Holdings Corporation and Shikoku Chemicals Corporation. The expected completion of the transaction is in the first quarter of 2026. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: JP¥52.89 (vs JP¥60.78 in 3Q 2024) Third quarter 2025 results: EPS: JP¥52.89 (down from JP¥60.78 in 3Q 2024). Revenue: JP¥18.3b (up 3.0% from 3Q 2024). Net income: JP¥2.29b (down 16% from 3Q 2024). Profit margin: 13% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥2,773, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 126% over the past three years. New Risk • Oct 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Sep 21
Shikoku Kasei Holdings Corporation to Report Q3, 2025 Results on Oct 29, 2025 Shikoku Kasei Holdings Corporation announced that they will report Q3, 2025 results on Oct 29, 2025 Declared Dividend • Sep 06
First half dividend of JP¥25.00 announced Dividend of JP¥25.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 6th March 2026 Dividend yield will be 2.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 31
Second quarter 2025 earnings released: EPS: JP¥41.12 (vs JP¥49.18 in 2Q 2024) Second quarter 2025 results: EPS: JP¥41.12 (down from JP¥49.18 in 2Q 2024). Revenue: JP¥17.4b (down 2.8% from 2Q 2024). Net income: JP¥1.80b (down 19% from 2Q 2024). Profit margin: 10% (down from 13% in 2Q 2024). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥2,358, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 103% over the past three years. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 08 September 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (2.9%). Announcement • Jun 11
Shikoku Kasei Holdings Corporation to Report Q2, 2025 Results on Jul 30, 2025 Shikoku Kasei Holdings Corporation announced that they will report Q2, 2025 results on Jul 30, 2025 Reported Earnings • Apr 26
First quarter 2025 earnings released: EPS: JP¥43.07 (vs JP¥36.71 in 1Q 2024) First quarter 2025 results: EPS: JP¥43.07 (up from JP¥36.71 in 1Q 2024). Revenue: JP¥16.8b (down 3.2% from 1Q 2024). Net income: JP¥1.93b (up 6.8% from 1Q 2024). Profit margin: 12% (up from 10% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year and the company’s share price has also increased by 14% per year. Announcement • Apr 25
Shikoku Kasei Holdings Corporation (TSE:4099) announces an Equity Buyback for 1,600,000 shares, representing 3.57% for ¥3,062.4 million. Shikoku Kasei Holdings Corp (TSE:4099) announces a share repurchase program. Under the program, the company will repurchase 1,600,000 shares, representing 3.57% of its issued share capital, for ¥3,062.4 million. The shares will be repurchased at a price of ¥1,914 per share. The purpose of the program is to enhance shareholder returns and improve capital efficiency. As of December 31, 2024, the company had 44,802,503 issued shares (excluding treasury stock) and 67,060 shares in treasury. Declared Dividend • Apr 11
Final dividend of JP¥25.00 announced Dividend of JP¥25.00 is the same as last year. Ex-date: 27th June 2025 Payment date: 8th September 2025 Dividend yield will be 3.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 15
Shikoku Kasei Holdings Corporation to Report Q1, 2025 Results on Apr 25, 2025 Shikoku Kasei Holdings Corporation announced that they will report Q1, 2025 results on Apr 25, 2025 Major Estimate Revision • Mar 05
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥72.5b to JP¥71.5b. EPS estimate also fell from JP¥189 per share to JP¥166 per share. Net income forecast to shrink 18% next year vs 8.0% growth forecast for Chemicals industry in Japan . Consensus price target down from JP¥3,200 to JP¥3,000. Share price was steady at JP¥1,906 over the past week. Reported Earnings • Jan 30
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥191 (up from JP¥152 in FY 2023). Revenue: JP¥69.5b (up 10% from FY 2023). Net income: JP¥8.81b (up 12% from FY 2023). Profit margin: 13% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.5%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year. Announcement • Jan 29
Shikoku Kasei Holdings Corporation, Annual General Meeting, Mar 27, 2025 Shikoku Kasei Holdings Corporation, Annual General Meeting, Mar 27, 2025. Announcement • Jan 03
Shikoku Kasei Holdings Corporation to Report Q4, 2024 Results on Jan 29, 2025 Shikoku Kasei Holdings Corporation announced that they will report Q4, 2024 results on Jan 29, 2025 Upcoming Dividend • Dec 20
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 07 March 2025. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.6%). New Risk • Nov 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: JP¥60.78 (vs JP¥26.30 in 3Q 2023) Third quarter 2024 results: EPS: JP¥60.78 (up from JP¥26.30 in 3Q 2023). Revenue: JP¥17.8b (up 8.9% from 3Q 2023). Net income: JP¥2.73b (up 105% from 3Q 2023). Profit margin: 15% (up from 8.2% in 3Q 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,882, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Chemicals industry in Japan. Total returns to shareholders of 52% over the past three years. New Risk • Aug 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Declared Dividend • Aug 02
First half dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 27th December 2024 Payment date: 7th March 2025 Dividend yield will be 2.6%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 8.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 01
Second quarter 2024 earnings released Second quarter 2024 results: EPS: JP¥49.18. Net income: JP¥2.23b (up JP¥2.23b from 2Q 2023). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 26
Shikoku Kasei Holdings Corporation to Report Q2, 2024 Results on Jul 30, 2024 Shikoku Kasei Holdings Corporation announced that they will report Q2, 2024 results on Jul 30, 2024 Reported Earnings • Apr 26
First quarter 2024 earnings released First quarter 2024 results: EPS: JP¥36.71. Net income: JP¥1.80b (up JP¥1.80b from 1Q 2023). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 14% per year. Declared Dividend • Apr 11
Final dividend of JP¥14.00 announced Dividend of JP¥14.00 is the same as last year. Ex-date: 27th June 2024 Payment date: 5th September 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 8.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 28
Shikoku Kasei Holdings Corp to Report Q4, 2024 Results on Apr 25, 2024 Shikoku Kasei Holdings Corp announced that they will report Q4, 2024 results on Apr 25, 2024 Major Estimate Revision • Mar 05
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥65.5b to JP¥64.0b. EPS estimate also fell from JP¥152 per share to JP¥133 per share. Net income forecast to shrink 16% next year vs 20% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥2,500 unchanged from last update. Share price rose 7.2% to JP¥1,852 over the past week. Announcement • Feb 28
Shikoku Kasei Holdings Corp (TSE:4099) announces an Equity Buyback for 6,200,000 shares, representing 12.23% for ¥10,757 million. Shikoku Kasei Holdings Corp (TSE:4099) announces a share repurchase program. Under the program, the company will repurchase 6,200,000 shares, representing 12.23% of its issued share capital, for ¥327.2 million. The shares will be repurchased at a price of ¥1,735 per share. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The repurchased shares will be cancelled. As of January 31, 2024, the company had 50,694,142 issued shares (excluding treasury stock) and 66,521 shares in treasury. Reported Earnings • Feb 02
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥152 (up from JP¥132 in FY 2022). Revenue: JP¥63.1b (up 2.7% from FY 2022). Net income: JP¥7.85b (up 11% from FY 2022). Profit margin: 12% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.1%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year. Announcement • Feb 01
Shikoku Kasei Holdings Corp, Annual General Meeting, Mar 28, 2024 Shikoku Kasei Holdings Corp, Annual General Meeting, Mar 28, 2024. Announcement • Dec 27
Shikoku Kasei Holdings Corp to Report Fiscal Year 2023 Results on Jan 30, 2024 Shikoku Kasei Holdings Corp announced that they will report fiscal year 2023 results on Jan 30, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of JP¥14.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 08 March 2024. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (2.4%). Price Target Changed • Nov 09
Price target increased by 25% to JP¥2,500 Up from JP¥2,000, the current price target is provided by 1 analyst. New target price is 36% above last closing price of JP¥1,839. Stock is up 39% over the past year. The company is forecast to post earnings per share of JP¥142 for next year compared to JP¥132 last year. Announcement • Oct 27
Shikoku Kasei Holdings Corp (TSE:4099) announces an Equity Buyback for 200,000 shares, representing 0.39% for ¥327.2 million. Shikoku Kasei Holdings Corp (TSE:4099) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 0.39% of its issued share capital, for ¥327.2 million. The shares will be repurchased at a price of ¥1,636 per share. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The repurchased shares will be cancelled. As of September 30, 2023, the company had 50,804,447 issued shares (excluding treasury stock) and 66,216 shares in treasury. New Risk • Oct 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Announcement • Sep 17
Shikoku Kasei Holdings Corp to Report Q3, 2023 Results on Oct 26, 2023 Shikoku Kasei Holdings Corp announced that they will report Q3, 2023 results on Oct 26, 2023 Announcement • Aug 11
Shikoku Kasei Holdings Corp Announces Dividend for the Second Quarter for the Fiscal Year Ending December 31 2023, Payable on September 5,2023; Provides Dividend for the Fiscal Year Ending December 31 2023 Shikoku Kasei Holdings Corp. announced dividend for the second quarter for the Fiscal Year Ending December 31 2023 and provided dividend guidance for the full fiscal year ending December 31 2023 . For the quarter, company announced dividend of JPY 14.00 per share against JPY 13.00 for the previous period. Payable on September 5, 2023.For the year, company expected to pay dividend of JPY 14.00 per share against JPY 13.00 per share for the previous period. Announcement • Aug 10
Shikoku Kasei Holdings Corp Provides Earnings Forecast of Consolidated Financial Results for the Fiscal Year Ending December 31, 2023 Shikoku Kasei Holdings Corp. provided earnings Forecast of Consolidated Financial Results for the Fiscal Year Ending December 31, 2023 . For the year, company expected net sales to be JPY 63,000 Million, Operating profit to be JPY 7,500 million, Profit attributable to owners of parent to be JPY 6,800 Million and basic earnings per share to be JPY 131.64. Announcement • Jun 28
Shikoku Kasei Holdings Corp to Report Q2, 2023 Results on Jul 26, 2023 Shikoku Kasei Holdings Corp announced that they will report Q2, 2023 results on Jul 26, 2023 Announcement • May 31
Shikoku Kasei Holdings Corp (TSE:4099) announces an Equity Buyback for 2,300,000 shares, representing 4.35% for ¥3,323.5 million. Shikoku Kasei Holdings Corp (TSE:4099) announces a share repurchase program. Under the program, the company will repurchase 1,200,000 shares, representing 4.35% of its issued share capital, for ¥3,323.5 million. The shares will be repurchased at a price of ¥1,445 per share. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The repurchased shares will be cancelled. As of April 30, 2023 the company had 52,907,568 issued shares (excluding treasury stock) and 65,995 shares in treasury.