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Showa Chemical Industry Co., Ltd. (JP:4990)
:4990
Japanese Market
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Showa Chemical Industry Co., Ltd. (4990) AI Stock Analysis

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JP:4990

Showa Chemical Industry Co., Ltd.

(4990)

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Neutral 69 (OpenAI - 5.2)
Rating:69Neutral
Price Target:
¥580.00
▲(20.83% Upside)
Action:Reiterated
Date:07/03/26
The score is driven primarily by improving financial resilience (lower leverage and consistent positive cash flow), tempered by weakening profitability and a notable FY2026 revenue decline risk. Technicals add support via an established uptrend, while valuation is a positive contributor due to the low P/E and moderate dividend yield.
Positive Factors
Balance Sheet Improvement
Material deleveraging to ~0.36 D/E and an expanded equity base materially enhance financial flexibility. A stronger balance sheet supports capital allocation, cyclical resilience, and capacity to fund investments or weather downturns without needing urgent external financing.
Negative Factors
Weakening Profitability
A multi-year decline in net margin erodes earnings resilience and reduces returns on capital. If driven by rising costs or lower pricing, it can persistently compress ROE and limit retained earnings available for reinvestment or shareholder returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Improvement
Material deleveraging to ~0.36 D/E and an expanded equity base materially enhance financial flexibility. A stronger balance sheet supports capital allocation, cyclical resilience, and capacity to fund investments or weather downturns without needing urgent external financing.
Read all positive factors

Showa Chemical Industry Co., Ltd. (4990) vs. iShares MSCI Japan ETF (EWJ)

Showa Chemical Industry Co., Ltd. Business Overview & Revenue Model

Company Description
Showa Chemical Industry Co., Ltd. specializes in the production and distribution of diatomite and perlite filter aids, marketed under its Radiolite trademark and the Topco brand (notably in China), with operations extending across China and Japan....
How the Company Makes Money
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Showa Chemical Industry Co., Ltd. Financial Statement Overview

Summary
Balance sheet strength is a key positive (debt-to-equity improved materially to ~0.36 by FY2025), and operating cash flow/free cash flow are consistently positive. Offsetting this, profitability has weakened from FY2023 levels (net margin down to ~4.5% in FY2025) and FY2026 shows a sharp revenue contraction, raising near-term durability concerns.
Income Statement
58
Neutral
Balance Sheet
72
Positive
Cash Flow
63
Positive
BreakdownMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue9.27B9.24B9.20B9.23B7.78B
Gross Profit2.91B2.81B2.91B2.95B2.46B
EBITDA724.63M877.73M1.07B1.13B799.10M
Net Income624.84M411.84M584.40M616.53M345.02M
Balance Sheet
Total Assets14.57B13.66B13.53B13.04B12.61B
Cash, Cash Equivalents and Short-Term Investments2.97B3.17B3.15B2.99B3.25B
Total Debt2.28B2.88B3.21B3.64B4.17B
Total Liabilities5.18B5.54B5.93B6.28B6.49B
Stockholders Equity9.39B8.12B7.60B6.76B6.12B
Cash Flow
Free Cash Flow436.16M404.05M521.71M371.53M368.35M
Operating Cash Flow826.62M766.55M825.52M625.07M518.79M
Investing Cash Flow-369.02M-135.97M-160.60M-281.75M-185.86M
Financing Cash Flow-665.37M-435.69M-514.30M-581.75M-211.43M

Showa Chemical Industry Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price480.00
Price Trends
50DMA
498.26
Positive
100DMA
500.68
Positive
200DMA
501.09
Positive
Market Momentum
MACD
1.36
Negative
RSI
54.55
Neutral
STOCH
30.94
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4990, the sentiment is Positive. The current price of 480 is below the 20-day moving average (MA) of 500.15, below the 50-day MA of 498.26, and below the 200-day MA of 501.09, indicating a bullish trend. The MACD of 1.36 indicates Negative momentum. The RSI at 54.55 is Neutral, neither overbought nor oversold. The STOCH value of 30.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4990.

Showa Chemical Industry 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
80
Outperform
¥6.15B9.541.39%6.22%42.74%
77
Outperform
¥58.91B9.875.04%-3.74%19.78%
71
Outperform
¥9.29B6.472.84%5.41%
69
Neutral
¥5.28B8.851.22%0.03%30.72%
68
Neutral
¥7.16B8.853.50%14.27%13.63%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
51
Neutral
¥4.49B-9.673.37%-81.97%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:4990
Showa Chemical Industry Co., Ltd.
505.00
19.05
3.92%
JP:4119
Nippon Pigment Company, Limited
5,910.00
2,395.49
68.16%
JP:4615
Shinto Paint Co., Ltd.
134.00
2.00
1.52%
JP:4619
Nihon Tokushu Toryo Co., Ltd.
2,709.00
672.99
33.05%
JP:4623
Asahipen Corporation
1,892.00
220.97
13.22%
JP:4624
Isamu Paint Co., Ltd.
4,105.00
583.34
16.56%
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: Jul 03, 2026