4047
KANTO DENKA KOGYO CO.,LTD.
関東電化工業株式会社
Chemicals
Kanto Denka Kogyo Co., Ltd., together with its subsidiaries, manufactures and sells various chemical products in Japan, rest of Asia, Europe, and America. It operates in five segments: Fundamental Chemicals; Fine Chemicals; Ferrochemicals Division; Commercial Business; and Facilities. The company offers fluorochemicals products, including carbon and silicon tetrafluoride; monofluoromethane; difluoromethane; trifluoromethane; hexafluoroethane; octafluoropropane; octafluorocyclobutane; hexafluro-1, 3-butadiene; sulfur and tungsten hexafluoride; nitrogen and chlorine trifluoride; carbonyl sulfide; and fluorochemical mix gases for semiconductors, liquid crystal and LCDs, optical fibers, and high-capacity transformers. It also provides lithium hexafluorophosphate and tetrafluoroborate for battery materials; and ferrochemicals, such as reprographic carriers and magnetite for printers and environmentally friendly carriers. In addition, the company offers inorganic products comprising liquid caustic soda, hydrochloric acid, sodium hypochlorite, and aluminum chloride; and organic products, which include trichloroethylene, perchloroethylene, vinylidene chloride, and cyclohexanol for paper and pulp, water treatment, cleaning of metal parts, and hydrofluorocarbon applications. Further, it engages in the provision of container maintenance and insurance agency services; manufacture, processing, and repair of chemical industrial equipment; and facility-related construction works. Kanto Denka Kogyo Co., Ltd. was incorporated in 1938 and is headquartered in Chiyoda, Japan.
Price
¥3,625
Market Cap
¥208.5B
Ent. Value
¥225.5B
Net Debt
−¥17.0B
Shares Out.
57.5M
P / E
64.1×
EV / EBIT
52.8×
P / Book
3.16×
P / NCAV
145.72×
Div. Yield
0.47%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Net Sales | ¥62.4B | ¥64.8B | ¥78.7B | ¥62.3B |
| Cost of Sales | ¥48.4B | ¥57.6B | ¥56.1B | ¥42.4B |
| Gross Profit | ¥14.0B | ¥7.2B | ¥22.6B | ¥19.9B |
| SG&A | ¥9.7B | ¥9.1B | ¥9.6B | ¥8.7B |
| Operating Income | ¥4.3B | ¥-2.0B | ¥12.9B | ¥11.2B |
| Non-Operating Income | ¥877M | ¥1.5B | ¥1.2B | ¥694M |
| Dividend Income | ¥445M | ¥255M | ¥248M | ¥204M |
| Interest Income | ¥42M | ¥58M | ¥20M | ¥10M |
| Non-Operating Expenses | ¥642M | ¥855M | ¥432M | ¥713M |
| Interest Expense | ¥449M | ¥473M | ¥318M | ¥313M |
| Ordinary Income | ¥4.5B | ¥-1.3B | ¥13.7B | ¥11.1B |
| Pre-tax Income | ¥5.0B | ¥-5.3B | ¥13.4B | ¥11.2B |
| Income Taxes | ¥1.6B | ¥-919M | ¥3.9B | ¥3.2B |
| Current Tax | ¥973M | ¥415M | ¥4.2B | ¥3.2B |
| Deferred Tax | ¥634M | ¥-1.3B | ¥-244M | ¥-36M |
| Net Income (owners) | ¥3.2B | ¥-4.6B | ¥9.4B | ¥7.8B |
| Minority Interest | ¥158M | ¥212M | ¥121M | ¥198M |
| Comprehensive Income | ¥2.9B | ¥-1.4B | ¥10.7B | ¥8.4B |
| EBITDA | ¥12.5B | ¥6.5B | ¥20.6B | ¥17.8B |
| EPS | ¥56.53 | ¥-80.25 | ¥163.32 | ¥135.12 |
| Shares Outstanding | 57.5M | 57.5M | 57.5M | 57.5M |
| Shares Issued (total) | 57.5M | 57.5M | 57.5M | 57.5M |
| Treasury Shares | 0.0M | 0.0M | 0.0M | 0.0M |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥123.6B | ¥125.3B | ¥130.8B | ¥109.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥57.4B | ¥63.3B | ¥72.9B | ¥61.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥20.3B | ¥25.4B | ¥22.4B | ¥26.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trade Receivables | ¥14.4B | ¥14.8B | ¥20.6B | ¥16.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥66.2B | ¥62.0B | ¥57.8B | ¥48.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥55.2B | ¥49.0B | ¥47.4B | ¥38.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥632M | ¥752M | ¥676M | ¥728M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | ¥8.2B | ¥9.2B | ¥7.4B | ¥7.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥1.5B | ¥2.1B | ¥1.4B | ¥1.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥56.0B | ¥59.7B | ¥62.0B | ¥50.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥29.2B | ¥30.9B | ¥33.7B | ¥27.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | ¥6.4B | ¥7.3B | ¥9.6B | ¥8.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥12.6B | ¥14.1B | ¥11.4B | ¥10.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | ¥739M | ¥272M | ¥2.7B | ¥2.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥26.8B | ¥28.8B | ¥28.3B | ¥22.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥24.7B | ¥26.9B | ¥25.6B | ¥20.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | ¥1.4B | ¥1.1B | ¥1.8B | ¥1.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥1M | ¥10M | ¥36M | ¥23M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥67.6B | ¥65.6B | ¥68.8B | ¥59.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | ¥2.9B | ¥2.9B | ¥2.9B | ¥2.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥1.9B | ¥1.9B | ¥1.9B | ¥1.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥54.5B | ¥52.1B | ¥58.5B | ¥50.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-62M | ¥-66M | ¥-65M | ¥-68M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥6.7B | ¥7.2B | ¥4.3B | ¥3.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥59.2B | ¥56.8B | ¥63.2B | ¥55.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥1.7B | ¥1.6B | ¥1.3B | ¥1.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥37.2B | ¥40.9B | ¥37.0B | ¥30.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥-17.0B | ¥-15.5B | ¥-14.7B | ¥-3.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥1.4B | ¥3.5B | ¥10.9B | ¥11.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥25 | ¥62 | ¥190 | ¥204 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥1,029 | ¥988 | ¥1,098 | ¥958 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥13.1B | ¥11.2B | ¥7.3B | ¥11.2B |
| Taxes Paid | ¥56M | — | — | — |
| Interest Paid | ¥-450M | ¥-391M | ¥-322M | ¥-308M |
| Interest Received | ¥484M | ¥280M | ¥278M | ¥218M |
| D&A | ¥8.2B | ¥8.5B | ¥7.7B | ¥6.7B |
| Investing CF | ¥-14.1B | ¥-10.6B | ¥-16.6B | ¥-11.1B |
| CapEx | ¥15.5B | ¥11.0B | ¥15.8B | ¥10.9B |
| Purchase Investments | ¥-26M | ¥-22M | ¥-20M | ¥-19M |
| Proceeds from Invest. | ¥1.4B | ¥691M | ¥10M | — |
| Financing CF | ¥-4.7B | ¥1.8B | ¥4.4B | ¥2.4B |
| Dividends Paid | ¥-862M | ¥-1.7B | ¥-1.4B | ¥-862M |
| Share Buybacks | — | ¥0M | ¥0M | ¥0M |
| LT Debt Repaid | ¥-9.0B | ¥-6.9B | ¥-5.9B | ¥-5.3B |
| Free Cash Flow | ¥-2.4B | ¥242M | ¥-8.5B | ¥270M |
| Net Change in Cash | ¥-5.1B | ¥3.2B | ¥-4.4B | ¥3.0B |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| ROE | 5.0% | -7.0% | 14.9% | 14.2% |
| ROA | 2.6% | -3.6% | 7.8% | 7.1% |
| EPS | ¥56.53 | ¥-80.25 | ¥163.32 | ¥135.12 |
| DPS | ¥17.00 | ¥14.00 | ¥33.00 | ¥22.00 |
| BPS | ¥1,147.96 | ¥1,114.07 | ¥1,174.54 | ¥1,014.01 |
| FCF/Share | ¥-43 | ¥4 | ¥-148 | ¥5 |
| NCAV/Share | ¥25 | ¥62 | ¥190 | ¥204 |
| Payout Ratio | 30.1% | — | 20.2% | 16.3% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 14
Capital Allocation Signals 1
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-27
15:30
|
Div Increase | ¥632M ¥11.0/sh +22% | Kanto Denka Kogyo (code 4047) announced a dividend of ¥11 per share for fiscal year ending March 31, 2026, with an effec… | |
|
Summary
Kanto Denka Kogyo (code 4047) announced a dividend of ¥11 per share for fiscal year ending March 31, 2026, with an effective date of June 29, 2026, totaling ¥632 million. This represents a 22.2% increase from the prior year's dividend of ¥9 per share, with the full-year dividend reaching ¥20 per share including the interim dividend. The company has raised its target payout ratio from 20% to 30% or higher under its medium-term business plan.
YoY: +22%
Source (JP)
2026年3月31日を基準日とする剰余金の配当につきましては、2026年3月期の業績および経営環境などを総合的に勘案した結果、1株につき11円とさせていただきました。すでにお支払いしております中間配当を加えた1株当たりの年間配当金は、20円となります。
剰余金の配当に関するお知らせ
TDnet PDF
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| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
GOLDMAN SACHS INTERNATIONAL
GOLDMAN SACHS INTERNATIONAL(常任代理人 ゴールドマン・サックス証券株式会社)
|
6,517 | 11.33% |
| 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)
|
6,397 | 11.12% |
| 3 |
Asahi Mutual Life Insurance
朝日生命保険相互会社(常任代理人 株式会社日本カストディ銀行)
|
3,570 | 6.21% |
| 4 |
ZEON CORPORATION
日本ゼオン株式会社
|
3,550 | 6.17% |
| 5 | CGML PB CLIENT ACCOUNT/COLLATERAL(常任代理人 シティバンク、エヌ・エイ東京支店) | 3,332 | 5.79% |
| 6 |
Custody Bank of Japan, Ltd. (Trust Account)
株式会社日本カストディ銀行(信託口)
|
2,400 | 4.17% |
| 7 |
J.P. MORGAN SECURITIES PLC FOR AND ON BEHALF OF ITS CLIENTS JPMSP RE CLIENT ASSETS-SEGR ACCT
J.P. MORGAN SECURITIES PLC FOR AND ON BEHALF OF ITS CLIENTS JPMSP RE CLIENT ASSETS-SEGR ACCT(常任代理人 シティバンク、エヌ・エイ東京支店)
|
1,526 | 2.65% |
| 8 |
The Chugoku Bank, Limited
株式会社中国銀行(常任代理人 株式会社日本カストディ銀行)
|
1,400 | 2.43% |
| 9 |
State Street Bank and Trust Company
STATE STREET BANK AND TRUST COMPANY 505223(常任代理人 株式会社みずほ銀行決済営業部)
|
1,259 | 2.19% |
| 10 |
Mizuho Bank
株式会社みずほ銀行(常任代理人 株式会社日本カストディ銀行)
|
1,202 | 2.09% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
15.3%
+2.9% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
4.8%
-0.1% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
34.0%
+4.8% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 54.2% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Goldman Sachs | 7.56% | 10.35% | 11.33% +0.98% | |
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 10.10% | 8.77% | 11.12% +2.35% | |
| Asahi Mutual Life Insurance 朝日生命保険相互会社 | 6.21% | 6.21% | 6.21% | |
| ZEON CORPORATION 日本ゼオン | 6.17% | 6.17% | 6.17% | |
| CGML PB CLIENT ACCOUNT/COLLATERAL NEW ENTRY | — | — | — | 5.79% NEW |
| Japan Custody Bank 日本カストディ銀行 | 5.58% | 3.62% | 4.17% +0.55% | |
| JP Morgan | 2.65% | 2.66% | 2.65% -0.01% | |
| The Chugoku Bank, Limited 式会社中国銀行 | 2.43% | 2.43% | 2.43% | |
| State Street | — | 2.30% | 2.19% -0.11% | |
| Mizuho Bank みずほ銀行 | 2.09% | 2.09% | 2.09% | |
| ADEKA 式会社ADEKA last seen 2024 | Exited Top 10 | 2.00% | 2.00% | — |
| 式会社群馬銀行 last seen 2023 | Exited Top 10 | 2.78% | — | — |
| Concentration (HHI) ⓘ | 296 | 300 | 402 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥7,182M
+13% since 2023
Holdings
18
+1 new
10 exited
Trend
3 unwinding
vs 2023
| Held Company | FY2025 ¥7,182M total | FY2023 ¥6,337M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
ADEKA CORPORATION
㈱ADEKA
|
1,766 |
656,800
|
1,483 | 656,800 | M |
|
ZEON CORPORATION
日本ゼオン㈱
|
1,701 |
1,138,000
|
1,592 | 1,138,000 | M |
|
The Gunma Bank, Ltd.
㈱群馬銀行
|
1,040 |
-30.0%
↓
845,239
|
534 | 1,207,439 | M |
|
Chugin Financial Group, Inc.
㈱ちゅうぎんフィナンシャルグループ
|
509 |
305,200
|
271 | 305,200 | M |
|
The Shibusawa Warehouse Co.,Ltd.
澁澤倉庫㈱
|
486 |
150,000
|
333 | 150,000 | M |
|
FURUKAWA CO.,LTD.
古河機械金属㈱
|
408 |
195,600
|
249 | 195,600 | M |
|
Furukawa Electric Co., Ltd.
古河電気工業㈱
|
308 |
-16.7%
↓
62,500
|
184 | 75,000 | M |
|
Sumitomo Mitsui Trust Group, Inc.
三井住友トラストグループ㈱(注)3
|
200 |
NEW
New
54,000
|
— | M | |
|
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ
|
196 |
48,606
|
91 | 48,606 | M |
| カーリットホールディングス㈱ | 172 |
-64.9%
↓
163,000
|
322 | 464,900 | M |
|
OSAKA SODA CO.,LTD.
㈱大阪ソーダ
|
155 |
+400.0%
↑
95,500
|
83 | 19,100 | M |
|
NIHON NOHYAKU CO., LTD.
日本農薬㈱
|
129 |
174,200
|
117 | 174,200 | M |
|
SODA NIKKA CO., LTD.
ソーダニッカ㈱
|
68 |
66,805
|
54 | 66,805 | M |
|
TAYCA CORPORATION
テイカ㈱
|
44 |
33,500
|
39 | 33,500 | M |
|
Tokio Marine Holdings, Inc.
東京海上ホールディングス㈱
|
— | — | M | ||
|
Tomagawa Corporation Co., Ltd.
㈱巴川コーポレーション
|
— | — | M | ||
|
The Chugoku Electric Power Company, Incorporated
中国電力㈱
|
— | — | |||
|
JFE Holdings,Inc.
JFEホールディングス㈱
|
— | — | |||
|
IWATANI CORPORATION
岩谷産業㈱
|
— |
−100%
Exit
—
|
115 | 20,000 | M |
|
Japan Chemical Industries Co., Ltd.
日本化学産業㈱
|
— |
−100%
Exit
—
|
106 | 100,000 | M |
|
UBE Corporation
UBE㈱
|
— |
−100%
Exit
—
|
34 | 16,628 | |
| 三井住友トラスト・ ホールディングス㈱ | — |
−100%
Exit
—
|
204 | 45,000 | M |
|
NIPPON SANSO HOLDINGS CORPORATION
日本酸素ホールディングス㈱
|
— |
−100%
Exit
—
|
192 | 81,000 | M |
|
Denka Company Limited
デンカ㈱
|
— |
−100%
Exit
—
|
134 | 49,291 | |
|
The Yokohama Rubber Company,Limited
横浜ゴム㈱
|
— |
−100%
Exit
—
|
84 | 30,187 | M |
|
FUJI ELECTRIC CO., LTD.
富士電機㈱
|
— |
−100%
Exit
—
|
55 | 10,600 | |
|
Tokio Marine Holdings, Inc.
㈱東京海上ホールディングス
|
— |
−100%
Exit
—
|
48 | 18,900 | M |
| ㈱巴川製紙所 | — |
−100%
Exit
—
|
13 | 20,000 | M |
| Portfolio total | 7,182 | 6,337 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding