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Arakawa Chemical Industries,Ltd. (JP:4968)
:4968
Japanese Market
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Arakawa Chemical Industries,Ltd. (4968) AI Stock Analysis

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JP:4968

Arakawa Chemical Industries,Ltd.

(4968)

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Neutral 65 (OpenAI - Gpt-5.6Sol)
Rating:65Neutral
Price Target:
¥2,731.00
▲(156.19% Upside)
Action:Reiterated
Date:08/09/26
The score is anchored by mid-tier financial strength: profitability has recovered, but thin net margins and especially weak/volatile cash conversion limit confidence. Technicals are a clear positive with a strong uptrend and supportive momentum, while valuation is reasonable with a moderate dividend yield and mid-range P/E.
Positive Factors
Earnings recovery
The return to profitability, alongside improved gross and EBITDA margins, indicates the business has regained operating stability. This provides a stronger base for sustaining earnings over the next several quarters, although margins remain relatively modest.
Negative Factors
Thin profitability and returns
Low net profitability and modest returns on equity leave limited protection against weaker volumes, pricing pressure or higher costs. They also indicate that the company is not yet converting its capital base into strong shareholder returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Earnings recovery
The return to profitability, alongside improved gross and EBITDA margins, indicates the business has regained operating stability. This provides a stronger base for sustaining earnings over the next several quarters, although margins remain relatively modest.
Read all positive factors

Arakawa Chemical Industries,Ltd. (4968) vs. iShares MSCI Japan ETF (EWJ)

Arakawa Chemical Industries,Ltd. Business Overview & Revenue Model

Company Description
Arakawa Chemical Industries, Ltd. is a global chemical producer with operations across Asia, China, Europe, and the United States. The company specializes in the development and sale of diverse chemical products, including performance coatings, ma...
How the Company Makes Money
Arakawa Chemical Industries primarily makes money by selling specialty chemical products to business customers (B2B). Revenue is generated through: (1) Product sales of resins and functional chemical materials that are formulated for customer appl...

Arakawa Chemical Industries,Ltd. Financial Statement Overview

Summary
Earnings have rebounded from the 2023–2024 loss period with modest TTM revenue growth (~2.9%) and improved margins (gross ~21%, EBITDA ~10%). However, profitability is still thin (TTM net margin ~2.7%), leverage is moderate (debt-to-equity ~0.65) with modest ROE (~3.7%), and cash flow remains the key weakness due to low conversion (OCF ~9% of revenue; FCF ~12% of net income) and prior-year volatility.
Income Statement
66
Positive
Balance Sheet
62
Positive
Cash Flow
48
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue84.52B82.14B80.24B72.22B79.43B80.52B
Gross Profit18.67B17.05B16.09B11.68B11.57B17.97B
EBITDA9.22B8.09B9.00B4.76B49.00M6.29B
Net Income2.96B2.20B2.64B-1.04B-4.94B1.50B
Balance Sheet
Total Assets128.49B126.06B122.30B125.42B119.03B117.74B
Cash, Cash Equivalents and Short-Term Investments9.97B10.60B9.43B11.58B11.14B10.37B
Total Debt39.93B40.62B39.41B42.42B35.16B26.87B
Total Liabilities67.08B66.82B65.06B68.50B62.52B55.16B
Stockholders Equity64.94B62.36B58.47B56.13B54.08B59.18B
Cash Flow
Free Cash Flow2.20B496.00M712.00M-5.70B-6.69B-2.43B
Operating Cash Flow5.51B4.18B5.12B1.16B-575.00M3.99B
Investing Cash Flow-2.68B-2.10B-3.24B-7.14B-6.05B-7.40B
Financing Cash Flow-2.68B-286.00M-4.70B5.48B6.67B4.93B

Arakawa Chemical Industries,Ltd. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price1066.00
Price Trends
50DMA
2160.50
Positive
100DMA
1773.71
Positive
200DMA
1508.46
Positive
Market Momentum
MACD
42.08
Positive
RSI
48.68
Neutral
STOCH
14.91
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4968, the sentiment is Neutral. The current price of 1066 is below the 20-day moving average (MA) of 2221.05, below the 50-day MA of 2160.50, and below the 200-day MA of 1508.46, indicating a neutral trend. The MACD of 42.08 indicates Positive momentum. The RSI at 48.68 is Neutral, neither overbought nor oversold. The STOCH value of 14.91 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:4968.

Arakawa Chemical Industries,Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
¥28.53B15.492.47%4.51%1.90%
72
Outperform
¥47.79B18.032.32%2.17%4.31%
67
Neutral
¥60.77B12.782.92%-2.70%18.12%
67
Neutral
¥31.72B12.133.21%2.72%24.14%
65
Neutral
¥43.92B14.544.27%4.51%115.09%
62
Neutral
¥26.73B15.783.63%60.90%21.44%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:4968
Arakawa Chemical Industries,Ltd.
2,173.00
1,092.65
101.14%
JP:4064
Nippon Carbide Industries Company,Incorporated
3,370.00
1,341.28
66.11%
JP:4092
Nippon Chemical Industrial Co., Ltd.
5,370.00
2,601.08
93.94%
JP:4229
Gun Ei Chemical Industry Co., Ltd.
4,410.00
1,315.67
42.52%
JP:4362
Nippon Fine Chemical Co., Ltd.
2,745.00
161.63
6.26%
JP:4973
Japan Pure Chemical Co., Ltd.
4,790.00
1,848.61
62.85%

Arakawa Chemical Industries,Ltd. Corporate Events

Arakawa Chemical Industries Delivers Strong Profit Rebound in FY2026 First Quarter
Aug 5, 2026
Arakawa Chemical Industries reported consolidated net sales of ¥22.3 billion for the first quarter of FY2026, up 12.0% year on year, with operating income surging to ¥1.64 billion and ordinary income rising sharply to ¥1.62 billion,...
Arakawa Chemical Delivers Profit Surge and Plans Higher Dividends for FY2027
Aug 5, 2026
Arakawa Chemical Industries reported strong earnings for the quarter ended June 30, 2026, with net sales rising 12.0% year on year to ¥22.28 billion and operating profit surging 140.3% to ¥1.64 billion. Profit attributable to owners of p...
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