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Matsumoto Yushiseiyaku Co., Ltd. (JP:4365)
:4365
Japanese Market
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Matsumoto Yushiseiyaku Co., Ltd. (4365) AI Stock Analysis

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JP:4365

Matsumoto Yushiseiyaku Co., Ltd.

(4365)

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Outperform 81 (OpenAI - 5.2)
Rating:81Outperform
Price Target:
¥23,343.00
▲(22.92% Upside)
Action:Reiterated
Date:08/17/26
The score is driven primarily by strong financial performance (improving margins and a zero-debt balance sheet) and very favorable valuation (low P/E with a meaningful dividend yield). These positives are partially tempered by mixed technical signals (slightly negative MACD and price near/under key medium-term averages) and a recent revenue decline that adds a near-term growth headwind.
Positive Factors
Debt-free balance sheet
A zero-debt balance sheet materially reduces solvency risk and preserves financial flexibility. It enables self-funded capex, targeted M&A, and dividend continuity during downturns, supporting durable operations and strategic optionality over the next several years.
Negative Factors
Recent revenue decline
A decline in top-line revenue introduces structural growth risk if it persists. For a specialty-chemicals supplier, sustained revenue weakness can limit scale benefits, pressure utilization, and make it harder to absorb fixed costs, challenging long-term margin and return expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt balance sheet materially reduces solvency risk and preserves financial flexibility. It enables self-funded capex, targeted M&A, and dividend continuity during downturns, supporting durable operations and strategic optionality over the next several years.
Read all positive factors

Matsumoto Yushiseiyaku Co., Ltd. (4365) vs. iShares MSCI Japan ETF (EWJ)

Matsumoto Yushiseiyaku Co., Ltd. Business Overview & Revenue Model

Company Description
Matsumoto Yushi-Seiyaku Co., Ltd., established in 1926 and headquartered in Yao, Japan, operates as a chemical enterprise with a presence in both Japan and Indonesia. The company specializes in the creation and distribution of a broad spectrum of ...
How the Company Makes Money
The company makes money primarily by manufacturing and selling specialty chemical products (functional formulations) to business customers. Revenue is generated from (1) product sales of its in-house manufactured chemical formulations, typically p...

Matsumoto Yushiseiyaku Co., Ltd. Financial Statement Overview

Summary
High-quality fundamentals: profitability has improved (gross margin ~25.7% in 2021 to ~31.7% in 2025; EBITDA margin ~19.4% to ~24.0%), and the balance sheet is exceptionally strong with zero debt throughout 2021–2026. Offsets are a recent revenue decline in 2026 (-2.1%) and uneven cash conversion versus net income in some years.
Income Statement
84
Very Positive
Balance Sheet
92
Very Positive
Cash Flow
78
Positive
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue41.71B41.07B43.13B41.53B39.63B37.25B
Gross Profit12.71B12.39B13.69B12.96B12.02B9.81B
EBITDA9.40B9.18B10.34B9.72B8.85B6.69B
Net Income8.52B8.04B6.83B7.50B7.25B5.49B
Balance Sheet
Total Assets108.87B105.92B95.19B89.51B79.19B76.21B
Cash, Cash Equivalents and Short-Term Investments55.94B55.33B49.04B51.06B45.88B43.66B
Total Debt0.000.000.000.000.000.00
Total Liabilities14.88B14.65B13.82B14.17B12.72B12.81B
Stockholders Equity91.88B89.23B79.40B73.36B64.69B63.24B
Cash Flow
Free Cash Flow0.006.28B6.59B6.31B4.98B3.87B
Operating Cash Flow0.006.66B7.77B7.37B5.42B4.33B
Investing Cash Flow0.00-5.35B-9.14B-17.87B144.00M-685.00M
Financing Cash Flow0.00-1.17B-1.16B-1.02B-5.93B-983.00M

Matsumoto Yushiseiyaku Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price18990.00
Price Trends
50DMA
20225.80
Positive
100DMA
20564.70
Positive
200DMA
20166.74
Positive
Market Momentum
MACD
282.46
Negative
RSI
71.01
Negative
STOCH
83.42
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4365, the sentiment is Positive. The current price of 18990 is below the 20-day moving average (MA) of 20259.50, below the 50-day MA of 20225.80, and below the 200-day MA of 20166.74, indicating a bullish trend. The MACD of 282.46 indicates Negative momentum. The RSI at 71.01 is Negative, neither overbought nor oversold. The STOCH value of 83.42 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4365.

Matsumoto Yushiseiyaku 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
81
Outperform
¥67.43B7.312.03%-0.61%50.67%
80
Outperform
¥102.24B12.0315.57%1.74%11.90%93.07%
77
Outperform
¥60.11B12.742.92%-2.70%18.12%
72
Outperform
¥5.96B9.402.49%8.57%22.67%
72
Outperform
¥22.00B6.631.82%3.46%5.52%
67
Neutral
¥68.65B19.656.72%4.01%3.94%14.76%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:4365
Matsumoto Yushiseiyaku Co., Ltd.
21,460.00
2,324.11
12.15%
JP:4109
Stella Chemifa
5,460.00
1,419.44
35.13%
JP:4187
Osaka Organic Chemical Industry Ltd.
4,640.00
1,705.21
58.10%
JP:3537
Shoei Yakuhin Co., Ltd.
1,722.00
10.57
0.62%
JP:4362
Nippon Fine Chemical Co., Ltd.
2,738.00
154.63
5.99%
JP:4977
Nitta Gelatin Inc.
1,219.00
249.73
25.76%
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 17, 2026