4027
TAYCA CORPORATION
テイカ株式会社
Chemicals
Tayca Corporation manufactures and sells various industrial chemical products in Japan. The company offers general purpose products, including titanium dioxide, surfactants, and sulfuric acid; and specialty products, such as micro titanium dioxide, micro zinc oxide, surface treatment products, photocatalytic titanium dioxide, infrared-refracting titanium dioxide, and aluminum triphosphate. It also provides electronic industry materials and other products comprising electroconductive polymers and piezoelectric materials. The company was formerly known as Teikoku Kako Co., Ltd. and changed its name to Tayca Corporation in August 1989. Tayca Corporation was incorporated in 1919 and is headquartered in Osaka, Japan.
Price
¥2,392
Market Cap
¥54.6B
Ent. Value
¥55.7B
Net Debt
−¥1.1B
Shares Out.
22.8M
P / E
—
EV / EBIT
25.6×
P / Book
0.90×
P / NCAV
2.62×
Div. Yield
0.84%
Financials
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Net Sales | ¥57.4B | ¥55.7B | ¥53.0B | ¥54.8B | ¥46.4B |
| Cost of Sales | ¥48.4B | ¥45.6B | ¥44.3B | ¥44.3B | ¥36.7B |
| Gross Profit | ¥9.0B | ¥10.2B | ¥8.7B | ¥10.4B | ¥9.7B |
| SG&A | ¥6.8B | ¥6.7B | ¥6.4B | ¥6.2B | ¥6.0B |
| Operating Income | ¥2.2B | ¥3.5B | ¥2.3B | ¥4.2B | ¥3.7B |
| Non-Operating Income | ¥659M | ¥473M | ¥584M | ¥574M | ¥570M |
| Dividend Income | — | ¥324M | ¥262M | ¥229M | ¥208M |
| Interest Income | — | ¥42M | ¥27M | ¥7M | ¥5M |
| Non-Operating Expenses | — | ¥251M | ¥107M | ¥81M | ¥65M |
| Interest Expense | — | ¥128M | ¥86M | ¥52M | ¥34M |
| Ordinary Income | ¥2.7B | ¥3.7B | ¥2.8B | ¥4.7B | ¥4.2B |
| Pre-tax Income | ¥-971M | ¥3.5B | ¥2.7B | ¥4.3B | ¥4.1B |
| Income Taxes | ¥-128M | ¥1.0B | ¥781M | ¥1.2B | ¥1.2B |
| Current Tax | — | ¥1.2B | ¥776M | ¥1.3B | ¥1.2B |
| Deferred Tax | — | ¥-134M | ¥4M | ¥-51M | ¥-31M |
| Net Income (owners) | ¥-878M | ¥2.4B | ¥1.9B | ¥3.0B | ¥2.8B |
| Minority Interest | — | ¥44M | ¥37M | ¥44M | ¥34M |
| Comprehensive Income | — | ¥2.8B | ¥5.2B | ¥3.2B | ¥1.9B |
| EBITDA | ¥5.8B | ¥6.7B | ¥5.5B | ¥7.6B | ¥7.1B |
| Goodwill Amort. (J-GAAP) | — | ¥335M | ¥300M | ¥281M | ¥243M |
| EPS | ¥-38.47 | ¥105.46 | ¥80.60 | ¥128.86 | ¥122.79 |
| Shares Outstanding | — | 22.8M | 23.0M | 23.2M | 23.2M |
| Shares Issued (total) | — | 23.9M | 25.4M | 25.7M | 25.7M |
| Treasury Shares | — | 1.1M | 2.4M | 2.5M | 2.5M |
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥88.6B | ¥88.3B | ¥82.7B | ¥75.7B | ¥72.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥47.9B | ¥50.0B | ¥49.1B | ¥46.6B | ¥42.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥11.3B | ¥14.1B | ¥14.3B | ¥11.7B | ¥13.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trade Receivables | — | ¥15.8B | ¥15.7B | ¥14.6B | ¥13.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥40.7B | ¥38.4B | ¥33.6B | ¥29.1B | ¥29.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥21.4B | ¥23.7B | ¥17.4B | ¥17.0B | ¥17.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | — | ¥1.0B | ¥1.2B | ¥1.4B | ¥1.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | — | ¥1.1B | ¥1.4B | ¥1.5B | ¥1.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | ¥17.6B | ¥12.2B | ¥13.4B | ¥9.3B | ¥9.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | — | ¥103M | ¥94M | ¥76M | ¥80M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥27.1B | ¥28.9B | ¥24.9B | ¥22.1B | ¥20.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥16.2B | ¥16.7B | ¥14.1B | ¥14.2B | ¥14.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | — | ¥6.2B | ¥6.1B | ¥6.6B | ¥6.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥6.6B | ¥4.6B | ¥3.8B | ¥3.0B | ¥2.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | — | ¥716M | ¥407M | ¥688M | ¥864M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥10.9B | ¥12.3B | ¥10.8B | ¥7.8B | ¥6.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥5.8B | ¥8.0B | ¥5.7B | ¥3.8B | ¥2.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | — | ¥2.2B | ¥2.9B | ¥3.1B | ¥3.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | — | ¥2.0B | ¥2.2B | ¥870M | ¥1.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥61.5B | ¥59.4B | ¥57.8B | ¥53.7B | ¥51.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | — | ¥9.9B | ¥9.9B | ¥9.9B | ¥9.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | — | ¥5.0B | ¥6.5B | ¥6.8B | ¥6.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥34.5B | ¥36.3B | ¥34.7B | ¥33.7B | ¥31.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | — | ¥-1.2B | ¥-2.4B | ¥-2.5B | ¥-2.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | — | ¥8.9B | ¥8.6B | ¥5.3B | ¥5.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥48.1B | ¥49.9B | ¥48.7B | ¥47.9B | ¥45.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | — | ¥565M | ¥478M | ¥438M | ¥367M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥12.4B | ¥12.5B | ¥9.5B | ¥6.9B | ¥5.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥-1.1B | ¥1.6B | ¥4.8B | ¥4.8B | ¥8.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥20.8B | ¥21.0B | ¥24.1B | ¥24.6B | ¥21.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | — | ¥921 | ¥1,049 | ¥1,060 | ¥925 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | — | ¥2,187 | ¥2,114 | ¥2,066 | ¥1,973 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Operating CF | ¥4.5B | ¥5.1B | ¥5.0B | ¥581M | ¥4.8B |
| Interest Paid | — | ¥-124M | ¥-86M | ¥-52M | ¥-34M |
| Interest Received | — | ¥366M | ¥290M | ¥236M | ¥213M |
| D&A | ¥3.6B | ¥2.9B | ¥2.9B | ¥3.1B | ¥3.2B |
| Goodwill Amort. | — | ¥335M | ¥300M | ¥281M | ¥243M |
| Investing CF | ¥-6.2B | ¥-7.1B | ¥-3.9B | ¥-3.0B | ¥-2.8B |
| CapEx | ¥5.7B | ¥7.3B | ¥3.6B | ¥2.7B | ¥2.5B |
| Purchase Investments | — | ¥-7M | ¥-7M | ¥-23M | ¥-106M |
| Proceeds from Invest. | — | ¥97M | ¥31M | ¥131M | ¥19M |
| Financing CF | ¥-1.2B | ¥1.7B | ¥1.5B | ¥825M | ¥-2.4B |
| Dividends Paid | — | ¥-875M | ¥-832M | ¥-832M | ¥-830M |
| Share Buybacks | — | ¥-314M | ¥-252M | ¥0M | ¥0M |
| LT Debt Repaid | — | ¥-3.5B | ¥-2.2B | ¥-2.2B | ¥-2.0B |
| Free Cash Flow | ¥-1.2B | ¥-2.3B | ¥1.4B | ¥-2.1B | ¥2.4B |
| Net Change in Cash | — | ¥-215M | ¥2.6B | ¥-1.4B | ¥-268M |
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| ROE | -1.5% | 4.2% | 3.4% | 5.7% | 5.6% |
| ROA | -1.0% | 2.8% | 2.4% | 4.0% | 3.9% |
| EPS | ¥-38.47 | ¥105.46 | ¥80.60 | ¥128.86 | ¥122.79 |
| DPS | ¥20.00 | ¥38.00 | ¥38.00 | ¥36.00 | ¥36.00 |
| BPS | ¥2,670.63 | ¥2,578.37 | ¥2,489.06 | ¥2,296.45 | ¥2,196.16 |
| FCF/Share | — | ¥-100 | ¥59 | ¥-91 | ¥102 |
| NCAV/Share | — | ¥921 | ¥1,049 | ¥1,060 | ¥925 |
| Payout Ratio | — | 36.0% | 47.1% | 27.9% | 29.3% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 14
Capital Allocation Signals 2
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-27
15:30
|
Cancellation | 4.2% | Teika completed cancellation of 1,000,000 treasury shares (4.18% of outstanding shares) on May 27, 2026, as resolved by … | |
|
Summary
Teika completed cancellation of 1,000,000 treasury shares (4.18% of outstanding shares) on May 27, 2026, as resolved by the board on May 13, 2026. The cancellation reduces total issued shares from 23,914,414 to 22,914,414 shares. This capital optimization reduces share count and improves per-share metrics.
Deadline: 2026-05-27
% of Shares: 4.2%
Shares: 1,000,000
Source (JP)
自己株式の消却を2026年５月27日付で完了いたしました。消却した株式の総数 1,000,000株（消却前の発行済株式総数に対する割合4.18％）
自己株式の消却完了に関するお知らせ
TDnet PDF
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|
2026-05-13
15:30
|
Buyback | ¥2.5B 6.6% | Teika CORPORATION board authorized a share buyback program of up to 1.5 million shares (6.57% of outstanding shares) wit… | |
|
Summary
Teika CORPORATION board authorized a share buyback program of up to 1.5 million shares (6.57% of outstanding shares) with a maximum budget of ¥2.5 billion, to be executed through market purchases on TSE from May 14, 2026 to March 19, 2027. Separately, the company will cancel 1 million shares (4.18% of outstanding) on May 27, 2026. Both actions aim to enhance capital efficiency and strengthen shareholder returns.
Deadline: 2027-03-19
% of Shares: 6.6%
Shares: 1,500,000
Source (JP)
自己株式取得に係る事項について決議するとともに、会社法第178条の規定に基づき、自己株式を消却することを決議いたしました。理由は資本効率の向上及び株主還元の充実を図るため。
自己株式取得に係る事項の決定及び自己株式の消却に関するお知らせ
TDnet PDF
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| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
CACEIS BANK/QUINTET LUXEMBOURG SUB AC / UCITS CUSTOMERS ACCOUNT
CACEIS BANK/QUINTET LUXEMBOURG SUB AC / UCITS CUSTOMERS ACCOUNT (常任代理人香港上海銀行東京支店カストディ業務部)
|
2,116 | 9.27% |
| 2 |
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
|
1,812 | 7.94% |
| 3 |
Mitsui & Co., Ltd.
三井物産株式会社
|
1,784 | 7.81% |
| 4 |
Mitsubishi Corporation
三菱商事株式会社
|
1,630 | 7.14% |
| 5 | 山田産業株式会社 | 1,470 | 6.44% |
| 6 |
Custody Bank of Japan, Ltd. (Trust Account)
みずほ信託銀行株式会社退職給付信託 みずほ銀行口 再信託受託者 株式会社日本カストディ銀行
|
1,009 | 4.42% |
| 7 |
Stock Ownership Plan
テイカグループ持株会
|
877 | 3.84% |
| 8 |
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
|
747 | 3.27% |
| 9 |
Chuo-Nittochi Co., Ltd.
中央日本土地建物株式会社
|
694 | 3.04% |
| 10 | 光通信株式会社 | 634 | 2.78% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
15.6%
-1.3% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
40.3%
-0.9% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 56.0% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| CACEIS BANK/QUINTET LUXEMBOURG SUB AC / UCITS CUSTOMERS ACCOUNT | 10.51% | 10.59% | 9.27% -1.32% | |
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 7.15% | 8.49% | 7.94% -0.55% | |
| Mitsui & Co., Ltd. 三井物産 | 7.69% | 7.75% | 7.81% +0.06% | |
| Japan Custody Bank 日本カストディ銀行 | 4.35% | 8.48% | 7.69% -0.79% | |
| Mitsubishi Corporation 三菱商事 | 7.03% | 7.08% | 7.14% +0.06% | |
| 山田産業 | 6.34% | 6.38% | 6.44% +0.06% | |
| Stock Ownership Plan テイカグループ持株会 | 3.55% | 3.71% | 3.84% +0.13% | |
| Chuo-Nittochi Co., Ltd. 中央日本土地建物 | 2.99% | 3.01% | 3.04% +0.03% | |
| 光通信 NEW ENTRY | — | — | — | 2.78% NEW |
| KANSAI PAINT CO.,LTD. 関西ペイント last seen 2024 | Exited Top 10 | 2.64% | 2.66% | — |
| 住友商事 last seen 2023 | Exited Top 10 | 2.15% | — | — |
| Concentration (HHI) ⓘ | 362 | 437 | 393 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥12,001M
+33% since 2023
Holdings
27
+2 new
3 exited
Trend
7 building
vs 2023
| Held Company | FY2025 ¥12,001M total | FY2023 ¥9,048M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
KANSAI PAINT CO.,LTD.
関西ペイント㈱
|
5,521 |
+0.1%
↑
2,586,103
|
4,618 | 2,582,956 | M |
|
Mitsubishi Corporation
三菱商事㈱
|
3,211 |
+200.0%
↑
1,222,890
|
1,936 | 407,630 | M |
|
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ
|
966 |
238,546
|
447 | 238,546 | M |
|
NOF CORPORATION
日油㈱
|
454 |
+200.0%
↑
225,000
|
462 | 75,000 | M |
|
DOWA HOLDINGS CO.,LTD.
ＤＯＷＡホールディングス㈱
|
416 |
90,050
|
382 | 90,050 | M |
|
TAKUMA CO., LTD.
㈱タクマ
|
311 |
169,500
|
224 | 169,500 | M |
|
Dainichiseika Color & Chemicals Mfg. Co., Ltd.
大日精化工業㈱
|
210 |
70,000
|
124 | 70,000 | M |
|
MORIROKU COMPANY, LTD.
森六㈱
|
202 |
NEW
New
100,000
|
— | M | |
| ㈱三菱ＵＦＪフィナンシャルグループ | 142 |
70,690
|
59 | 70,690 | M |
|
Niitaka Co., Ltd.
㈱ニイタカ
|
91 |
+2.8%
↑
44,493
|
92 | 43,274 | M |
|
ASAHIPEN CORPORATION
㈱アサヒペン
|
70 |
40,200
|
74 | 40,200 | M |
|
Sakai Chemical Industry Co.,Ltd.
堺化学工業㈱
|
67 |
25,000
|
44 | 25,000 | M |
|
TOHO CHEMICAL INDUSTRY COMPANY,LIMITED
東邦化学工業㈱
|
52 |
78,000
|
37 | 78,000 | M |
|
SUGAI CHEMICAL INDUSTRY CO., LTD.
スガイ化学工業㈱
|
48 |
20,266
|
45 | 20,266 | M |
|
Sojitz Corporation
双日㈱
|
47 |
14,426
|
39 | 14,426 | M |
|
Kikusui Chemical Industry Co., Ltd.
菊水化学工業㈱
|
45 |
120,000
|
45 | 120,000 | M |
|
KANTO DENKA KOGYO CO.,LTD.
関東電化工業㈱
|
43 |
50,000
|
51 | 50,000 | M |
|
Dai Nippon Toryo Company, Limited
大日本塗料㈱
|
28 |
+9.7%
↑
24,452
|
18 | 22,300 | |
|
DYNIC CORPORATION
ダイニック㈱
|
26 |
+11.8%
↑
34,519
|
23 | 30,889 | |
|
TOMATO BANK,LTD.
㈱トマト銀行
|
18 |
15,000
|
15 | 15,000 | M |
|
DKS Co. Ltd.
第一工業製薬㈱
|
16 |
6,000
|
11 | 6,000 | |
|
CHEMIPRO KASEI KAISHA,LTD
ケミプロ化成㈱
|
8 |
+0.9%
↑
27,500
|
8 | 27,245 | |
|
TODA KOGYO CORP.
戸田工業㈱
|
7 |
6,700
|
17 | 6,700 | M |
|
SAKURAJIMA FUTO KAISHA,LTD.
櫻島埠頭㈱
|
1 |
1,000
|
1 | 1,000 | M |
|
TAOKA CHEMICAL COMPANY, LIMITED
田岡化学工業㈱
|
1 |
NEW
New
1,000
|
— | ||
|
Daiichi Jitsugyo Co., Ltd.
第一実業㈱
|
— | — | M | ||
|
Nisshin Oillio Group Co., Ltd.
日清オイリオグループ㈱
|
— | — | M | ||
|
DIC Corporation
ＤＩＣ㈱
|
— |
−100%
Exit
—
|
68 | 28,900 | M |
| 森六ホールディングス㈱ | — |
−100%
Exit
—
|
184 | 100,000 | M |
|
ADEKA CORPORATION
㈱ＡＤＥＫＡ
|
— |
−100%
Exit
—
|
24 | 11,000 | |
| Portfolio total | 12,001 | 9,048 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding