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Fuso Chemical Co., Ltd.
(4368)
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Rating:66Neutral
Price Target:
¥3,397.00
▼(-2.94% Downside)
Action:Downgraded
Date:08/20/26
The score is driven primarily by strong financial performance (high and improving margins, healthy ROE, and conservative leverage), partially offset by weaker cash conversion and past cash-flow volatility. Technical indicators are a significant drag due to a clear downtrend (below key moving averages and negative MACD), while valuation is neutral-to-slightly supportive with a moderate P/E but low dividend yield.
Positive Factors
Strong Specialty-Chemical Profitability
High gross, operating, and net margins indicate meaningful product value and operating efficiency. Their improvement over prior years provides a durable earnings buffer and may help Fuso Chemical fund investment while absorbing moderate cost or demand pressure.
Negative Factors
Weak and Volatile Cash Conversion
Profit is not consistently converting into cash at the same rate, indicating working-capital or investment demands. The mismatch can constrain reinvestment and shareholder returns, while volatile multi-year free cash flow increases planning risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Specialty-Chemical Profitability
High gross, operating, and net margins indicate meaningful product value and operating efficiency. Their improvement over prior years provides a durable earnings buffer and may help Fuso Chemical fund investment while absorbing moderate cost or demand pressure.
Read all positive factors
Fuso Chemical Co., Ltd. (4368) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥306.36B
Dividend Yield0.95%
Average Volume (3M)951.72K
Price to Earnings (P/E)17.0
Beta (1Y)1.10
Revenue Growth14.65%
EPS Growth51.06%
CountryJP
Employees956
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)169.15
Shares Outstanding106,533,000
10 Day Avg. Volume806,510
30 Day Avg. Volume951,716
Financial Highlights & Ratios
PEG Ratio0.87
Price to Book (P/B)2.46
Price to Sales (P/S)3.75
P/FCF Ratio16.53
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)196.14
Revenue Forecast (FY)¥90.92B
Fuso Chemical Co., Ltd. Business Overview & Revenue Model
Company Description
Established in 1952 and headquartered in Osaka, Japan, Fuso Chemical Co.,Ltd. operates globally, specializing in the manufacturing and distribution of a diverse portfolio spanning life science, electronic material, and functional chemical products...
How the Company Makes Money
Fuso Chemical Co., Ltd. generates revenue primarily through the sale of specialty chemical products it manufactures and supplies to business customers. Its core revenue stream is product sales (typically under long-term supply relationships in B2B...
Fuso Chemical Co., Ltd. Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
82
Very Positive
Cash Flow
74
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 81.09B | 76.93B | 69.50B | 58.97B | 68.46B | 55.76B |
| Gross Profit | 31.21B | 29.32B | 25.97B | 20.57B | 28.41B | 23.08B |
| EBITDA | 33.01B | 30.59B | 24.71B | 19.29B | 24.42B | 20.17B |
| Net Income | 17.90B | 14.31B | 11.62B | 8.34B | 14.13B | 10.89B |
Balance Sheet | ||||||
| Total Assets | 166.83B | 152.26B | 141.50B | 133.74B | 113.53B | 92.01B |
| Cash, Cash Equivalents and Short-Term Investments | 38.29B | 41.01B | 31.30B | 31.47B | 23.41B | 24.36B |
| Total Debt | 15.90B | 16.90B | 20.07B | 20.01B | 24.82M | 19.77M |
| Total Liabilities | 43.83B | 35.04B | 37.45B | 38.72B | 26.03B | 16.71B |
| Stockholders Equity | 123.00B | 117.22B | 104.05B | 95.03B | 87.50B | 75.30B |
Cash Flow | ||||||
| Free Cash Flow | 18.71B | 17.44B | 4.38B | -7.87B | 498.10M | 973.26M |
| Operating Cash Flow | 25.25B | 24.79B | 22.73B | 7.08B | 13.93B | 10.20B |
| Investing Cash Flow | -10.63B | -11.07B | -20.57B | -18.60B | -13.42B | -9.38B |
| Financing Cash Flow | -6.91B | -5.91B | -2.41B | 17.66B | -2.12B | -2.88B |
Fuso Chemical Co., Ltd. Technical Analysis
Negative
3500.00
Price Trends
3709.24
Negative
3762.81
Negative
3133.11
Negative
Market Momentum
-243.07
Positive
34.95
Neutral
9.98
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4368, the sentiment is Negative. The current price of 3500 is above the 20-day moving average (MA) of 3173.85, below the 50-day MA of 3709.24, and above the 200-day MA of 3133.11, indicating a bearish trend. The MACD of -243.07 indicates Positive momentum. The RSI at 34.95 is Neutral, neither overbought nor oversold. The STOCH value of 9.98 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4368.
Fuso Chemical Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥385.51B | 16.85 | ― | 5.17% | 3.57% | 35.54% | |
75 Outperform | ¥845.01B | 15.17 | 6.64% | 3.78% | -0.63% | 15.92% | |
74 Outperform | ¥1.06T | 20.17 | 21.36% | 2.54% | 9.89% | 18.20% | |
74 Outperform | ¥210.59B | 11.41 | ― | 4.36% | -1.25% | 34.70% | |
66 Neutral | ¥306.36B | 17.04 | ― | 0.94% | 14.65% | 51.06% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
48 Neutral | ¥279.64B | 20.66 | 4.48% | 3.04% | -2.99% | ― |
* Basic Materials Sector Average
JP:4368
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Fuso Chemical Co., Ltd. Corporate Events
Fuso Chemical Completes Treasury Stock Disposal for Restricted Share Compensation
Aug 14, 2026
Fuso Chemical Co., Ltd., a Prime Market-listed Japanese chemical manufacturer under securities code 4368, produces specialized chemical materials and operates with a conventional governance structure that includes a board of directors and an audit...
Fuso Chemical Posts Profit Surge in First Quarter, Keeps Full-Year Outlook Intact
Aug 7, 2026
Fuso Chemical Co., Ltd. reported strong consolidated results for the quarter ended June 30, 2026, with net sales rising 22.3% year on year to ¥22.8 billion and profit attributable to owners of parent more than doubling to ¥6.7 billion. E...
Fuso Chemical to Grant Restricted Treasury Shares to Directors Under Equity Compensation Plan
Jul 15, 2026
Fuso Chemical will dispose of 8,481 shares of its treasury stock as restricted stock compensation for seven internal Board Directors, effective August 14, 2026. The disposal, based on a fair value of 4,055 yen per share and representing about 0.01...
Fuso Chemical Gains Supply-Chain Subsidy, Lifts Profit Outlook for FY 2027
Jun 17, 2026
Fuso Chemical Co., Ltd. has secured approval under Japan’s Program for Promoting Investment to Strengthen Supply Chains for ultra high purity colloidal silica facilities at its Kyoto Plant. The project, aimed at producing key CMP slurry abra...
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.