Sumitomo Seika Chemicals Company,Limited.

住友精化株式会社

Chemicals

← Companies

Price

¥1,332

Market Cap

¥17.5B

Ent. Value

¥18.9B

Net Debt

−¥1.5B

Shares Out.

13.1M

P / E

3.0×

EV / EBIT

1.8×

⚠ TSE Capital Mandate

P / Book

0.19×

P / NCAV

0.53×

Div. Yield

15.02%

Financials

Metric	FY 2024 EDINET ↗	FY 2023 EDINET ↗	FY 2022 EDINET ↗	FY 2021 EDINET ↗
Net Sales	¥147.6B	¥143.0B	¥143.0B	¥115.6B
Cost of Sales	¥116.9B	¥115.0B	¥112.9B	¥89.4B
Gross Profit	¥30.7B	¥28.0B	¥30.1B	¥26.1B
SG&A	¥20.0B	¥18.5B	¥19.7B	¥18.1B
Operating Income	¥10.7B	¥9.5B	¥10.5B	¥8.1B
Non-Operating Income	¥887M	¥1.2B	¥867M	¥1.2B
Dividend Income	¥33M	¥29M	¥60M	¥54M
Interest Income	¥616M	¥815M	¥498M	¥114M
Non-Operating Expenses	¥493M	¥487M	¥392M	¥315M
Interest Expense	¥286M	¥397M	¥286M	¥245M
Ordinary Income	¥11.1B	¥10.2B	¥10.9B	¥8.9B
Pre-tax Income	¥8.3B	¥8.7B	¥11.2B	¥8.5B
Income Taxes	¥2.4B	¥2.6B	¥2.6B	¥2.5B
Current Tax	¥2.6B	¥2.4B	¥2.3B	¥1.9B
Deferred Tax	¥-279M	¥126M	¥275M	¥567M
Net Income (owners)	¥6.0B	¥6.2B	¥8.6B	¥5.9B
Minority Interest	—	—	¥32M	¥58M
Comprehensive Income	¥2.9B	¥12.1B	¥10.6B	¥8.9B
EBITDA	¥16.4B	¥15.3B	¥15.6B	¥13.0B
EPS	¥450.62	¥459.01	¥636.83	¥429.10
Shares Outstanding	13.1M	13.3M	13.5M	13.5M
Shares Issued (total)	14.0M	14.0M	14.0M	14.0M
Treasury Shares	0.9M	0.7M	0.5M	0.5M

Metric	FY 2024 EDINET ↗	FY 2023 EDINET ↗	FY 2022 EDINET ↗	FY 2021 EDINET ↗
Total Assets	¥141.5B	¥136.3B	¥126.7B	¥121.3B
Current Assets	¥80.1B	¥87.0B	¥85.2B	¥81.3B
Cash & Deposits	¥16.9B	¥21.7B	¥23.6B	¥29.2B
Trade Receivables	¥28.6B	¥30.3B	¥26.9B	¥25.5B
Non-Current Assets	¥61.4B	¥49.3B	¥41.5B	¥40.0B
PP&E	¥51.7B	¥39.9B	¥34.5B	¥34.3B
Intangible Assets	¥4.1B	¥3.5B	¥2.2B	¥200M
Investment Securities	¥1.2B	¥1.5B	¥941M	¥1.6B
Deferred Tax Assets	¥377M	¥249M	¥154M	¥76M
Total Liabilities	¥47.2B	¥41.3B	¥40.0B	¥39.4B
Current Liabilities	¥40.5B	¥39.5B	¥38.4B	¥37.5B
Accounts Payable	¥17.5B	¥19.8B	¥19.2B	¥16.6B
ST Debt	¥13.3B	¥11.2B	¥12.2B	¥14.1B
Taxes Payable	¥1.4B	¥1.2B	¥1.6B	¥1.1B
Non-Current Liabilities	¥6.7B	¥1.7B	¥1.6B	¥1.8B
Total LT Borrowings	¥5.0B	—	—	—
Pension Obligations	¥661M	¥482M	¥1.1B	¥1.4B
Deferred Tax Liab.	¥673M	¥1.1B	¥313M	¥111M
Total Equity	¥94.3B	¥95.1B	¥86.7B	¥81.9B
Capital Stock	¥9.7B	¥9.7B	¥9.7B	¥9.7B
Capital Surplus	¥7.6B	¥7.6B	¥7.6B	¥7.5B
Retained Earnings	¥69.7B	¥66.4B	¥62.9B	¥56.5B
Treasury Stock	¥-3.2B	¥-2.2B	¥-1.2B	¥-1.2B
AOCI	¥10.5B	¥13.6B	¥7.7B	¥6.2B
Equity (owners)	¥83.8B	¥81.5B	¥79.0B	¥72.5B
Minority Interests	—	—	—	¥3.2B

Total Interest-Bearing Debt ⓘ	¥18.3B	¥11.2B	¥12.2B	¥14.1B
Net Cash ⓘ	¥-1.5B	¥10.4B	¥11.4B	¥15.2B
NCAV ⓘ	¥32.9B	¥45.7B	¥45.2B	¥41.9B
NCAV/Share	¥2,510	¥3,439	¥3,351	¥3,109
BV/Share	¥6,394	¥6,125	¥5,852	¥5,374

Metric	FY 2024 EDINET ↗	FY 2023 EDINET ↗	FY 2022 EDINET ↗	FY 2021 EDINET ↗
Operating CF	¥13.7B	¥12.0B	¥6.7B	¥9.0B
Interest Paid	¥-273M	¥-396M	¥-294M	¥-250M
Interest Received	¥650M	¥846M	¥563M	¥169M
D&A	¥5.7B	¥5.7B	¥5.1B	¥4.9B
Investing CF	¥-20.9B	¥-10.4B	¥-5.9B	¥-4.3B
CapEx	¥19.7B	¥8.2B	¥4.9B	—
Proceeds from Invest.	¥77M	¥52M	¥735M	¥35M
Financing CF	¥3.2B	¥-5.8B	¥-8.3B	¥-3.0B
Dividends Paid	¥-2.7B	¥-2.7B	¥-2.2B	¥-1.5B
Share Buybacks	¥-995M	¥-1.0B	¥0M	¥-946M
LT Debt Repaid	—	—	¥-3.1B	¥-963M
Free Cash Flow	¥-6.0B	¥3.8B	¥1.8B	¥9.0B
Net Change in Cash	¥-4.8B	¥-2.6B	¥-5.7B	¥4.0B

Metric	FY 2024 EDINET ↗	FY 2023 EDINET ↗	FY 2022 EDINET ↗	FY 2021 EDINET ↗
ROE	6.3%	6.8%	10.4%	7.8%
ROA	4.3%	4.7%	6.9%	4.9%
EPS	¥450.62	¥459.01	¥636.83	¥429.10
DPS	¥200.00	¥200.00	¥200.00	¥120.00
BPS	¥7,195.81	¥7,146.78	¥6,423.22	¥5,835.52
FCF/Share	¥-456	¥285	¥133	¥668
NCAV/Share	¥2,510	¥3,439	¥3,351	¥3,109
Payout Ratio	44.4%	43.6%	31.4%	28.0%

Event Timeline

S Shareholder A Capital Signal

Large Shareholder Reports 4

Date	Activist	Stake	Event	Flag	Demands
2025-11-07	Sumitomo Mitsui Trust Bank,Limited	3.65% -1.36%	change	Passive	—
2024-04-05	T. Rowe Price Japan, Inc.	4.42%	change	Passive	—
2023-07-06	Sumitomo Mitsui Trust Bank,Limited	5.01%	change	Passive	—
2023-05-30	SUMITOMO CHEMICAL COMPANY, LIMITED	30.19%	change	Passive	—

Capital Allocation Signals 2

Date	Type	Amount	Summary
2026-05-12 15:00	Cancellation	—	5,275,195 treasury shares to be cancelled on 2026-05-26.
Summary 5,275,195 treasury shares to be cancelled on 2026-05-26. Deadline: 2026-05-26 Shares: 5,275,195 Source (JP) 却する株式の種類：普通株式２．消却する株式の数： 5,275,195株（消却前の発行済株式総数に対する割合 7.54％）３．消却予定日： 2026年5月26日（ご参考）消却後の発行済株式総数 64,683,785株以上自己株式の消却に関するお知らせ TDnet PDF
2026-05-12 15:00	Buyback	¥1.0B 1.3%	Sumitomo Seika has resolved to acquire up to 840,000 treasury shares (1.3% of outstanding shares) for a maximum of JPY 1…
Summary Sumitomo Seika has resolved to acquire up to 840,000 treasury shares (1.3% of outstanding shares) for a maximum of JPY 1.0 billion through on-market purchase on the TSE between May 13 and September 30, 2026. All acquired shares will be cancelled on October 30, 2026, to enhance capital efficiency and strengthen shareholder returns. No impact on FY2027 earnings guidance is anticipated. Deadline: 2026-09-30 % of Shares: 1.3% Shares: 840,000 Source (JP) 自己株式の取得し得る株式の総数：840,000株（約1.3%）、株式の取得価額の総額：10億円、取得期間：2026年5月13日から2026年9月30日まで、消却予定日：2026年10月30日自己株式の取得および自己株式の消却に係る事項の決定に関するお知らせ TDnet PDF

#	Shareholder	Shares (thou.)	% of Total
1	住友化学株式会社	4,195	32.01%
2	The Master Trust Bank of Japan, Ltd. (Trust Account) 日本マスタートラスト信託銀行株式会社（信託口）	1,264	9.64%
3	Custody Bank of Japan, Ltd. (Trust Account) 株式会社日本カストディ銀行（信託口）	473	3.61%
4	JPMorgan Chase Bank, N.A. JP MORGAN CHASE BANK 385632（常任代理人株式会社みずほ銀行決済営業部）	415	3.17%
5	住友生命保険相互会社	310	2.37%
6	株式会社三井住友銀行	215	1.64%
7	多木化学株式会社	206	1.57%
8	三井住友信託銀行株式会社	194	1.48%
9	住友精化社員持株会	180	1.38%
10	DFA INTL SMALL CAP VALUE PORTFOLIO （常任代理人シティバンク、エヌ・エイ東京支店）	124	0.95%

as of 2025-03-31 Source: EDINET ↗

Ownership by year — hover bars for detail

Domestic Nominees

14.7%

-0.0% vs 2024

Trust bank custodians — GPIF, pensions, investment trusts

Foreign Custodians

3.2%

-0.8% vs 2024

Sub-custodians for foreign asset managers

Direct / Strategic

39.9%

+0.2% vs 2024

Named entities with disclosed investment intent

Shareholder	Trend	2023	2024	2025
住友化学		31.10%	31.55%	32.01% +0.46%
日本マスタートラスト信託銀行		8.45%	9.51%	9.64% +0.13%
日本カストディ銀行		4.48%	3.40%	3.61% +0.21%
JP Morgan		4.86%	3.97%	3.17% -0.80%
住友生命保険		2.30%	2.33%	2.37% +0.04%
三井住友銀行		2.32%	1.99%	1.64% -0.35%
多木化学		1.53%	1.55%	1.57% +0.02%
三井住友信託銀行		2.00%	1.83%	1.48% -0.35%
住友精化社員持株会		1.31%	1.32%	1.38% +0.06%
DFA INTL SMALL CAP VALUE PORTFOLIO		—	0.99%	0.95% -0.04%
RE FUND 107-CLIENT AC last seen 2023	Exited Top 10	1.09%	—	—
Concentration (HHI) ⓘ		1102	1131	1156

3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved

Portfolio Book Value ¥1,178M +28% since 2023

Holdings 11

Trend 3 building vs 2023

Held Company	FY2025 ¥1,178M total		FY2023 ¥919M total
	Book Val ¥M	Shares	Book Val ¥M	Shares
Sumitomo Bakelite Company Limited 住友ベークライト株式会社	698	+100.0% ↑ 209,600	540	104,800	M
Sumitomo Mitsui Financial Group, Inc. 株式会社三井住友フィナンシャルグループ	360	+107.2% ↑ 95,100	243	45,900
Taki Chemical Co., Ltd. 多木化学株式会社	38	12,000	56	12,000	M
IWATANI CORPORATION 岩谷産業株式会社	20	+300.0% ↑ 13,600	19	3,400	M
Sekisui Jushi Corporation 積水樹脂株式会社	19	10,000	20	10,000
AIR WATER INC. エア・ウォーター株式会社	18	10,000	16	10,000
Daishowa Paper Manufacturing Co., Ltd. 大王製紙株式会社	16	20,000	20	20,000
Nomura Holdings Inc. 野村ホールディングス株式会社	9	10,000	5	10,000
Sumitomo Corporation 住友商事株式会社	—		—
MS ADインシュアランスグループホールディングス株式会社	—		—
広栄化学工業株式会社	—		—
Portfolio total	1,178		919

Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding