Dai Nippon Toryo Company, Limited AI Stock Analysis
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Dai Nippon Toryo Company, Limited (4611) AI Stock Analysis
Dai Nippon Toryo Company, Limited
(TSE/TYO:4611)
The score is held back mainly by weak recent profitability and persistently negative free cash flow despite strong revenue growth and a conservative balance sheet. Technicals are supportive due to a strong uptrend, but the very high RSI suggests the move may be overextended. Valuation is reasonable with a ~3% yield, but not compelling enough to offset the cash-flow and margin concerns.
Dai Nippon Toryo Company, Limited (4611) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 51.13B
- Dividend Yield
- 3.24%
- Average Volume (3M)
- 118.50K
- Price to Earnings (P/E)
- 13.8
- Beta (1Y)
- 0.81
- Revenue Growth
- 20.42%
- EPS Growth
- -54.42%
- Country
- Japan
- Employees
- 2,522
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Chemicals - Specialty
Dai Nippon Toryo Company, Limited Business Overview & Revenue Model
Company Description
Dai Nippon Toryo Company, Limited, established in Osaka, Japan, in 1929, operates globally as a manufacturer and supplier of diverse coatings and jet inks. The company offers a wide array of products, including anticorrosive coatings crucial for prot...
How the Company Makes Money
The company primarily makes money by selling coatings and paint products to customers in construction/architectural markets and industrial end markets. Revenue is generated through (1) product sales of architectural/building coatings (e.g., protectiv...
Dai Nippon Toryo Company, Limited Financial Statement Overview
Summary
Revenue growth rebounded strongly in 2026 (+21.2%), and leverage remains conservative (debt-to-equity ~0.23). However, profitability weakened sharply (net margin ~1.8% vs ~13.0% in 2025; ROE ~2.5% vs ~14.5%), and free cash flow has been negative for multiple years (2023–2026), limiting overall fundamental strength.
Income Statement
56NeutralBalance Sheet
72PositiveCash Flow
38Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 99.16B | 93.76B | 72.51B | 71.94B | 72.85B | 66.95B |
| Gross Profit | 29.33B | 25.88B | 22.46B | 21.80B | 20.62B | 19.66B |
| EBITDA | 9.81B | 6.91B | 14.33B | 9.74B | 7.38B | 6.22B |
| Net Income | 3.71B | 1.69B | 9.44B | 4.60B | 3.46B | 2.03B |
Balance Sheet | ||||||
| Total Assets | 141.62B | 137.49B | 133.34B | 101.62B | 92.81B | 87.70B |
| Cash, Cash Equivalents and Short-Term Investments | 10.95B | 11.33B | 12.65B | 8.43B | 6.86B | 6.78B |
| Total Debt | 14.50B | 15.13B | 12.22B | 6.10B | 6.18B | 5.54B |
| Total Liabilities | 63.20B | 60.81B | 57.17B | 39.13B | 37.59B | 35.71B |
| Stockholders Equity | 68.61B | 66.89B | 65.17B | 59.71B | 52.20B | 49.26B |
Cash Flow | ||||||
| Free Cash Flow | 0 | -1.99B | -1.01B | -739.00M | -1.88B | 1.87B |
| Operating Cash Flow | 0 | 3.01B | 3.57B | 3.46B | 1.28B | 3.36B |
| Investing Cash Flow | 0 | -3.40B | -364.00M | -772.00M | -1.45B | -966.00M |
| Financing Cash Flow | 0 | -189.00M | -75.00M | -1.66B | -473.00M | -2.84B |
Dai Nippon Toryo Company, Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4611, the sentiment is Positive. The current price of 1790.00 is above the 20-day moving average (MA) of 1765.25, above the 50-day MA of 1648.92, and above the 200-day MA of 1412.18, indicating a bullish trend. The MACD of 54.26 indicates Positive momentum. The RSI at 56.44 is Neutral, neither overbought nor oversold. The STOCH value of 49.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4611.
Dai Nippon Toryo Company, Limited Peers Comparison
Overall Rating
JP:461278Outperform
JP:462878Outperform
JP:463175Outperform
JP:461374.8Outperform
JP:462670Outperform- JP:461158Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:4612 | 78Outperform | JPY 3.30T | 15.74 | 11.11% | 1.11% | 15.50% | 31.81% |
| JP:4628 | 78Outperform | JPY 158.91B | 10.79 | 7.57% | 1.29% | 9.81% | 16.15% |
| JP:4631 | 75Outperform | JPY 479.72B | 7.78 | 13.04% | 4.19% | 10.70% | 97.18% |
| JP:4613 | 75Outperform | JPY 506.17B | 22.23 | 8.02% | 3.78% | 6.80% | -38.62% |
| JP:4626 | 70Outperform | JPY 540.85B | 17.21 | ― | 3.31% | 16.98% | 140.46% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| JP:4611 | 58Neutral | JPY 51.36B | 13.78 | ― | 3.24% | 20.42% | -54.42% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:4611 | Dai Nippon Toryo Company, Limited | 1790.00 | 569.06 | 46.61% | |
| JP:4613 | Kansai Paint Co | 2992.50 | 728.78 | 32.19% | |
| JP:4612 | Nippon Paint Holdings | 1444.00 | 455.67 | 46.10% | |
| JP:4631 | DIC Corporation | 5246.00 | 1594.99 | 43.69% | |
| JP:4628 | SK Kaken Co | 10610.00 | 1263.85 | 13.52% | |
| JP:4626 | Taiyo Holdings Co., Ltd. | 4687.00 | 340.94 | 7.84% |
Dai Nippon Toryo Company, Limited Corporate Events
Dai Nippon Toryo Lifts Earnings Forecasts on Coatings Recovery and Price Hikes
Dai Nippon Toryo Co., Ltd., a Japanese paint and coatings producer listed on the TSE Prime market, derives a significant portion of its revenue from its domestic coatings business, particularly structural coatings. The firm has recently restored JIS...
Dai Nippon Toryo Books ¥410 Million Gain After Divesting Chinese Subsidiary
Dai Nippon Toryo Co., Ltd. has completed the transfer of all equity interests in its consolidated subsidiary DNT (Zhejiang) Co., Ltd., finalizing the consideration and registration procedures under an agreement initially announced in February 2026. A...
Dai Nippon Toryo Posts Strong Q1 on Coatings Sales, Keeps FY2026 Guidance Intact
Dai Nippon Toryo reported a strong start to fiscal 2026, as higher sales volumes in its Coatings business more than offset various cost increases, driving a sharp year-on-year rise in operating profit and profit attributable to owners of the parent....
Dai Nippon Toryo Delivers Sharp Profit Rebound in First Quarter of FY2026
Dai Nippon Toryo reported a strong rebound for the quarter ended June 30, 2026, with net sales up 13.9% year on year to ¥25.4 billion and operating profit surging 162.5% to ¥1.85 billion. Ordinary profit climbed 158.7% to ¥2.19 billion and profit att...
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: Oct 28, 2026