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Hodogaya Chemical Co., Ltd. (JP:4112)
:4112
Japanese Market
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Hodogaya Chemical Co., Ltd. (4112) AI Stock Analysis

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JP:4112

Hodogaya Chemical Co., Ltd.

(4112)

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Neutral 66 (OpenAI - 5.2)
Rating:66Neutral
Price Target:
¥2,397.00
▼(-6.15% Downside)
Action:Downgraded
Date:08/09/26
The score is driven primarily by solid profitability and a low-leverage balance sheet, offset by weak and volatile free cash flow. Valuation is favorable (low P/E with a moderate dividend), while technical signals are mixed due to a negative MACD despite moderately positive momentum readings.
Positive Factors
Healthy Specialty-Chemical Profitability
Healthy gross and operating margins indicate that Hodogaya retains value from differentiated specialty chemicals and functional materials. This profitability provides an earnings base that can remain resilient as customers require qualified, application-specific products.
Negative Factors
Volatile and Weak Free Cash Flow
Unstable free cash flow reduces confidence in recurring cash earnings and may reflect elevated reinvestment or working-capital needs. Persistent volatility could constrain dividends, investment flexibility, and the company’s ability to absorb operating shocks.
Read all positive and negative factors
Positive Factors
Negative Factors
Healthy Specialty-Chemical Profitability
Healthy gross and operating margins indicate that Hodogaya retains value from differentiated specialty chemicals and functional materials. This profitability provides an earnings base that can remain resilient as customers require qualified, application-specific products.
Read all positive factors

Hodogaya Chemical Co., Ltd. (4112) vs. iShares MSCI Japan ETF (EWJ)

Hodogaya Chemical Co., Ltd. Business Overview & Revenue Model

Company Description
Hodogaya Chemical Co., Ltd., an established Japanese enterprise founded in Tokyo in 1916 (initially as Hodogaya Soda Co., Ltd. until its rebranding in 1939), specializes in the production and sale of a broad spectrum of chemical products across Ja...
How the Company Makes Money
Hodogaya Chemical makes money primarily by manufacturing and selling specialty chemicals and functional materials to corporate customers. Revenue is generated through (1) product sales of chemical intermediates and specialty chemicals used as inpu...

Hodogaya Chemical Co., Ltd. Financial Statement Overview

Summary
Income statement profitability is healthy (gross margin ~38%, EBITDA margin ~14.8%, net margin ~6.4%) with modest TTM revenue growth (+2.97%) and a conservative balance sheet (debt-to-equity ~0.18). The main drag is cash-flow quality: free cash flow is low (~¥1.1B) and has been volatile, with recent underperformance versus accounting earnings.
Income Statement
72
Positive
Balance Sheet
80
Positive
Cash Flow
45
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue49.47B48.04B48.58B44.26B43.32B41.88B
Gross Profit19.35B18.38B18.91B16.87B16.50B17.50B
EBITDA7.66B7.13B7.89B6.35B5.64B8.09B
Net Income3.45B3.05B3.18B2.48B2.22B3.25B
Balance Sheet
Total Assets90.22B86.41B79.86B81.16B72.05B66.45B
Cash, Cash Equivalents and Short-Term Investments10.54B10.14B10.77B12.96B10.49B11.45B
Total Debt9.03B9.49B8.79B9.81B11.08B7.02B
Total Liabilities24.46B22.79B21.32B23.71B22.15B18.53B
Stockholders Equity54.27B52.58B48.60B47.73B42.84B41.42B
Cash Flow
Free Cash Flow1.11B-254.00M248.00M2.99B-2.06B4.38B
Operating Cash Flow7.16B6.09B5.67B8.34B1.06B6.14B
Investing Cash Flow-5.00B-5.03B-6.55B-3.95B-7.04B-3.57B
Financing Cash Flow-305.00M-694.00M-1.88B-2.07B2.29B-1.85B

Hodogaya Chemical Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2554.00
Price Trends
50DMA
2139.50
Positive
100DMA
2230.33
Positive
200DMA
2180.99
Positive
Market Momentum
MACD
39.02
Positive
RSI
55.55
Neutral
STOCH
28.81
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4112, the sentiment is Positive. The current price of 2554 is above the 20-day moving average (MA) of 2197.20, above the 50-day MA of 2139.50, and above the 200-day MA of 2180.99, indicating a bullish trend. The MACD of 39.02 indicates Positive momentum. The RSI at 55.55 is Neutral, neither overbought nor oversold. The STOCH value of 28.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4112.

Hodogaya Chemical Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
80
Outperform
¥43.13B11.801.90%4.09%49.33%
77
Outperform
¥60.93B12.722.92%-2.70%18.12%
68
Neutral
¥68.71B17.363.57%-0.23%-25.47%
66
Neutral
¥36.65B10.272.37%8.79%65.45%
62
Neutral
¥44.17B18.033.70%25.27%-70.96%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
53
Neutral
¥47.62B-134.043.24%7.26%-118.07%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:4112
Hodogaya Chemical Co., Ltd.
2,229.00
731.95
48.89%
JP:4027
Tayca Corporation
2,331.00
1,098.56
89.14%
JP:4078
Sakai Chemical Industry Co., Ltd.
3,915.00
1,086.02
38.39%
JP:4362
Nippon Fine Chemical Co., Ltd.
2,732.00
159.23
6.19%
JP:4462
Ishihara Chemical Company,Ltd.
2,896.00
1,015.48
54.00%
JP:4611
Dai Nippon Toryo Company, Limited
1,589.00
359.46
29.24%

Hodogaya Chemical Co., Ltd. Corporate Events

Hodogaya Chemical Unveils Q1 FY2026 Consolidated Results Overview
Aug 6, 2026
Hodogaya Chemical Co., Ltd. released its consolidated financial results presentation for the first quarter of fiscal year 2026, covering the period ending March 2027. The disclosure outlines an overview of consolidated performance and provides seg...
Hodogaya Chemical Delivers Strong Q1 Earnings but Keeps Cautious Full-Year Outlook
Aug 6, 2026
Hodogaya Chemical reported a solid start to the fiscal year, with net sales for the three months to June 30, 2026 rising 12.5% year on year to ¥12.8 billion and operating profit jumping 63.4% to ¥1.6 billion. Ordinary profit climbed 50.5...
Hodogaya Chemical’s Korean Subsidiary SFC Moves Forward With KOSPI IPO Application
Jul 27, 2026
Hodogaya Chemical Co., Ltd., a Japanese specialty chemical producer listed on the Tokyo Stock Exchange Prime Market, is strengthening its regional portfolio through its consolidated Korean subsidiary SFC CO., LTD. The group’s cross-border st...
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 09, 2026