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SHIKOKU KASEI HOLDINGS CORPORATION (JP:4099)
:4099
Japanese Market
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SHIKOKU KASEI HOLDINGS CORPORATION (4099) AI Stock Analysis

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JP:4099

SHIKOKU KASEI HOLDINGS CORPORATION

(4099)

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Neutral 65 (OpenAI - Gpt-5.6Sol)
Rating:65Neutral
Price Target:
¥2,381.00
▼(-13.48% Downside)
Action:Reiterated
Date:08/20/26
The score is supported by strong profitability and a prudent balance sheet, but is held back by weak cash-flow conversion/volatility and a clearly bearish technical setup (below major moving averages with negative MACD). Valuation is reasonable but not compelling, with only a modest dividend yield.
Positive Factors
Solid profitability
Healthy gross and operating margins indicate the company retains meaningful value from its chemical products after production costs. This profitability provides internal funding for operations and investment, while creating resilience if pricing, product mix, or input costs fluctuate over the next several quarters.
Negative Factors
Weak cash conversion
Operating cash flow materially below net income indicates that accounting earnings are not consistently translating into cash. Persistent weak conversion can reduce the funds available for investment, dividends, or debt reduction and makes reported profitability less dependable as a measure of financial capacity.
Read all positive and negative factors
Positive Factors
Negative Factors
Solid profitability
Healthy gross and operating margins indicate the company retains meaningful value from its chemical products after production costs. This profitability provides internal funding for operations and investment, while creating resilience if pricing, product mix, or input costs fluctuate over the next several quarters.
Read all positive factors

SHIKOKU KASEI HOLDINGS CORPORATION (4099) vs. iShares MSCI Japan ETF (EWJ)

SHIKOKU KASEI HOLDINGS CORPORATION Business Overview & Revenue Model

Company Description
Shikoku Chemicals Corporation, established in Marugame, Japan, in 1947, operates globally in the research, development, production, and sale of a wide array of chemical products and construction materials. Its chemical offerings are categorized in...
How the Company Makes Money
The company makes money primarily by selling chemical products to business customers (B2B). Revenue is generated through (1) product sales from manufacturing and supplying chemical materials and functional additives that are incorporated into cust...

SHIKOKU KASEI HOLDINGS CORPORATION Financial Statement Overview

Summary
Profitability is solid (gross margin ~43%, EBIT margin ~15%, net margin ~12%) and the balance sheet is conservative with low-to-moderate leverage (debt-to-equity ~0.26). The main drag is weaker cash-flow quality and consistency: operating cash flow trails net income (OCF/NI ~0.39) and free cash flow has been volatile, including a negative year in 2023.
Income Statement
78
Positive
Balance Sheet
83
Very Positive
Cash Flow
62
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Mar 2022
Income Statement
Total Revenue82.37B70.70B69.49B63.12B61.47B54.14B
Gross Profit36.26B30.65B27.67B23.64B25.09B22.77B
EBITDA20.66B15.96B15.69B14.75B12.67B12.74B
Net Income11.39B8.46B8.81B7.85B7.08B6.88B
Balance Sheet
Total Assets159.35B144.72B135.83B131.05B119.04B113.81B
Cash, Cash Equivalents and Short-Term Investments47.95B47.43B48.41B47.45B39.68B38.76B
Total Debt26.15B24.36B30.56B22.23B20.16B15.66B
Total Liabilities56.41B50.11B51.66B44.17B37.23B32.90B
Stockholders Equity102.24B93.80B83.38B86.16B81.32B80.05B
Cash Flow
Free Cash Flow0.003.80B5.02B7.93B-126.00M917.00M
Operating Cash Flow0.0010.98B9.02B12.95B2.92B5.09B
Investing Cash Flow0.002.22B-15.55B-3.56B-3.67B-5.09B
Financing Cash Flow0.00-11.54B-3.72B-2.81B1.42B-1.81B

SHIKOKU KASEI HOLDINGS CORPORATION Technical Analysis

Technical Analysis Sentiment
Negative
Last Price2752.00
Price Trends
50DMA
2800.77
Negative
100DMA
2842.82
Negative
200DMA
2354.66
Negative
Market Momentum
MACD
-158.46
Positive
RSI
32.09
Neutral
STOCH
6.46
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4099, the sentiment is Negative. The current price of 2752 is above the 20-day moving average (MA) of 2567.25, below the 50-day MA of 2800.77, and above the 200-day MA of 2354.66, indicating a bearish trend. The MACD of -158.46 indicates Positive momentum. The RSI at 32.09 is Neutral, neither overbought nor oversold. The STOCH value of 6.46 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4099.

SHIKOKU KASEI HOLDINGS CORPORATION Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
83
Outperform
¥205.60B13.782.86%4.59%14.52%
78
Outperform
¥368.48B10.497.27%2.62%3.53%63.85%
74
Outperform
¥150.07B9.128.48%0.39%8.62%68.78%
69
Neutral
¥178.00B19.202.82%4.24%-10.24%
65
Neutral
¥191.59B16.831.35%20.36%37.79%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
60
Neutral
¥173.72B-23.56-4.87%4.71%6.78%-257.95%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:4099
SHIKOKU KASEI HOLDINGS CORPORATION
2,215.00
1,139.12
105.88%
JP:4118
Kaneka
6,117.00
1,870.10
44.03%
JP:4023
Kureha
4,545.00
749.20
19.74%
JP:4628
SK Kaken Co
9,850.00
889.56
9.93%
JP:4095
Nihon Parkerizing Co., Ltd.
1,748.00
363.08
26.22%
JP:7970
Shin-Etsu Polymer Co., Ltd.
2,199.00
369.32
20.19%

SHIKOKU KASEI HOLDINGS CORPORATION Corporate Events

Shikoku Kasei Launches Up to ¥4 Billion Share Buyback
Sep 1, 2026
Shikoku Kasei Holdings Corporation has authorized a share buyback under Article 459, Paragraph 1 of the Companies Act, as approved by its Board of Directors on September 1, 2026. The company plans to repurchase up to 1.8 million shares of its comm...
Shikoku Kasei Plans Large Secondary Share Offering with Over-Allotment Option
Sep 1, 2026
Shikoku Kasei Holdings Corporation has approved a secondary offering of 4,756,000 shares of its common stock, to be sold by existing shareholders including Nisshinbo Holdings, Taiyo Holdings and a lead manager that will underwrite and purchase sha...
Shikoku Kasei Delivers Strong First-Half Results and Lifts Full-Year Outlook
Aug 31, 2026
Shikoku Kasei Holdings Corporation reported a sharp improvement in performance for the six months ended June 30, 2026, with net sales climbing 34.1% year-on-year to ¥45.8 billion and profit attributable to owners of the parent surging 78.7% t...
Shikoku Kasei Raises 2026 Dividend Forecast After Earnings Upgrade
Aug 12, 2026
Shikoku Kasei Holdings Corporation has revised its year-end dividend forecast for the fiscal year ending December 31, 2026, raising the planned payout in light of stronger-than-expected earnings. Following a two-for-one stock split of its common s...
Shikoku Kasei Posts Surge in First-Half Earnings and Lifts Full-Year Outlook
Aug 12, 2026
Shikoku Kasei Holdings Corporation, a Japan-based chemical group listed on the Tokyo Stock Exchange, reported strong semi-annual results under Japanese GAAP. The company has expanded its consolidated scope with two new Indonesian subsidiaries, rei...
Shikoku Kasei Posts Strong Q1 and Raises Full-Year Forecast, Dividend
Jun 23, 2026
Shikoku Kasei Holdings reported strong first-quarter results for the period ended March 31, 2026, with net sales rising 18.2% year on year to ¥19.9 billion and operating profit jumping 39.6% to ¥4.2 billion. Ordinary profit climbed 60.8%...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 20, 2026