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Japan Pure Chemical Co., Ltd.
(4973)
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Rating:62Neutral
Price Target:
¥5,062.00
▲(45.46% Upside)
Action:Reiterated
Date:07/25/26
The score is driven by strong financial safety from a debt-free balance sheet and decent valuation with a high dividend yield. These positives are tempered by a key fundamental risk—negative and volatile cash flow in 2026—and weak technical momentum (below major moving averages with negative MACD and low RSI).
Positive Factors
Debt-free balance sheet
Zero total debt across all reported years and a 0.0 debt-to-equity ratio materially reduce solvency and refinancing risk. This conservative structure preserves flexibility to fund product development, absorb weaker demand, and maintain shareholder returns through industry cycles.
Negative Factors
Negative operating cash flow
Negative operating and free cash flow in 2026 weaken confidence that accounting earnings are converting into cash available for reinvestment or shareholder returns. If this reversal persists, it could constrain financial flexibility despite the company’s debt-free balance sheet.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero total debt across all reported years and a 0.0 debt-to-equity ratio materially reduce solvency and refinancing risk. This conservative structure preserves flexibility to fund product development, absorb weaker demand, and maintain shareholder returns through industry cycles.
Read all positive factors
Japan Pure Chemical Co., Ltd. (4973) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥27.27B
Dividend Yield5.28%
Average Volume (3M)50.92K
Price to Earnings (P/E)15.7
Beta (1Y)0.89
Revenue Growth60.90%
EPS Growth21.44%
CountryJP
Employees60
SectorGeneral
Sector StrengthN/A
IndustryIndustrial - Specialties
Share Statistics
EPS (TTM)303.64
Shares Outstanding6,067,200
10 Day Avg. Volume37,990
30 Day Avg. Volume50,920
Financial Highlights & Ratios
PEG Ratio1.06
Price to Book (P/B)1.48
Price to Sales (P/S)1.48
P/FCF Ratio-31.73
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)269.7
Revenue Forecast (FY)¥17.00B
Japan Pure Chemical Co., Ltd. Business Overview & Revenue Model
Company Description
Japan Pure Chemical Co.,Ltd. develops, manufactures, and sells precious metal plating chemicals for electronic components in Japan and internationally. The company provides gold electrolytic plating formulation for semiconductor applications, as w...
How the Company Makes Money
Japan Pure Chemical primarily makes money by selling specialty chemical materials it manufactures to corporate customers (B2B). Revenue is generated from: (1) Product sales of its specialty chemicals/materials supplied for customer manufacturing p...
Japan Pure Chemical Co., Ltd. Financial Statement Overview
Summary
Income Statement
71
Positive
Balance Sheet
88
Very Positive
Cash Flow
46
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 20.82B | 18.07B | 12.61B | 11.42B | 16.25B | 18.71B |
| Gross Profit | 1.92B | 1.94B | 1.63B | 1.37B | 1.58B | 2.19B |
| EBITDA | 2.05B | 664.62M | 2.26B | 402.00M | 651.98M | 1.32B |
| Net Income | 1.76B | 1.80B | 1.58B | 548.26M | 569.98M | 974.20M |
Balance Sheet | ||||||
| Total Assets | 27.99B | 21.74B | 15.86B | 17.14B | 15.61B | 16.87B |
| Cash, Cash Equivalents and Short-Term Investments | 6.62B | 7.75B | 7.59B | 6.16B | 5.77B | 4.03B |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 5.67B | 3.67B | 2.26B | 2.60B | 2.11B | 2.62B |
| Stockholders Equity | 22.32B | 18.06B | 13.59B | 14.54B | 13.51B | 14.24B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -842.24M | 500.71M | 551.90M | 2.52B | 94.59M |
| Operating Cash Flow | 0.00 | -772.58M | 579.79M | 684.68M | 2.54B | 180.01M |
| Investing Cash Flow | 0.00 | 1.11B | 1.52B | 166.77M | 19.76M | -93.61M |
| Financing Cash Flow | 0.00 | -673.07M | -676.56M | -457.99M | -824.05M | -425.58M |
Japan Pure Chemical Co., Ltd. Technical Analysis
Positive
3480.00
Price Trends
4618.18
Positive
4960.88
Negative
4652.33
Positive
Market Momentum
44.28
Negative
54.05
Neutral
39.09
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4973, the sentiment is Positive. The current price of 3480 is below the 20-day moving average (MA) of 4705.93, below the 50-day MA of 4618.18, and below the 200-day MA of 4652.33, indicating a bullish trend. The MACD of 44.28 indicates Negative momentum. The RSI at 54.05 is Neutral, neither overbought nor oversold. The STOCH value of 39.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4973.
Japan Pure Chemical Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | ¥59.24B | 12.13 | ― | 3.95% | -2.70% | 18.12% | |
67 Neutral | ¥68.02B | 19.11 | 7.17% | 3.48% | 3.94% | 14.76% | |
66 Neutral | ¥34.17B | 9.49 | ― | 2.67% | 8.79% | 65.45% | |
65 Neutral | ¥64.63B | 16.12 | ― | 4.40% | -0.23% | -25.47% | |
65 Neutral | ¥47.16B | 15.53 | ― | 2.13% | 4.51% | 115.09% | |
62 Neutral | ¥27.27B | 15.73 | ― | 5.28% | 60.90% | 21.44% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
JP:4973
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Japan Pure Chemical Co., Ltd. Corporate Events
Japan Pure Chemical boosts sales and assets while profits slip, raises dividend outlook
Jul 24, 2026
Japan Pure Chemical Co., Ltd., listed on the Tokyo Stock Exchange under securities code 4973, operates in the chemical industry, supplying specialty chemical products under Japanese GAAP reporting standards. The company maintains a strong equity b...
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.