STELLA CHEMIFA CORPORATION

4109 ステラケミファ株式会社

Specialty Chemicals · Prime · TSE: Disclosed

PRICE: ¥7,200 · MKT CAP: ¥86.0B · P/E: 29.9x · P/B: 1.90x · DIV YIELD: 2.4%

PRICE — 5Y

Characteristics & Business Summary

Stella Chemifa Corporation manufactures and sells high-purity chemical products in Japan and internationally. It offers hydrofluoric acid, buffered hydrofluoric acid, and etching solutions used in semiconductors and liquid crystal products; calcium, aluminum...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Net Sales	32,893	37,296	35,382	30,446	36,288
Operating Profit	4,081	4,583	3,514	2,722	4,338
Ordinary Profit	4,020	5,707	4,347	3,064	4,161
Net Profit	2,959	5,364	2,280	1,845	2,892
EPS	¥228	¥424	¥188	¥152	¥242
DPS	¥47	¥60	¥60	¥154	¥170

Balance Sheet & Valuation Highlights

Total Assets ¥61B

Net Assets (Equity) ¥45B

Equity Ratio 73.7%

ROE (Return on Equity) 6.9%

Cash & Equivalents ¥17B

Interest-Bearing Debt ¥5B

Capital Expenditure (CapEx) ¥4B

Depreciation & Amort. ¥3B

Major Shareholders

1. Japan Master Trust Bank 12.5%
2. FUKADA 10.1%
3. NIPPON ACTIVE VALUE FUND PLC 4.6%
4. 橋本亜希 4.4%
5. State Street Bank and Trust Company 4.2%
6. Japan Custody Bank 3.9%
7. 橋本信子 3.1%
8. 深田麻実 2.8%
9. CACEIS BANK, LUXEMBOURG BRANCH ／ AIF CLIENTS ASSETS 2.8%
10. THE BANK ОF NEW YОRK － JASDECTREATY ACCОUNT 2.5%

Activist Activity

Nippon Active Value Fund PLC 4.03%

2026-06-11 · decrease

NIPPON ACTIVE VALUE FUND PLC 22.74%

2026-04-08 · change

NIPPON ACTIVE VALUE FUND PLC 22.16%

2025-07-22 · change

NIPPON ACTIVE VALUE FUND PLC 21.13%

2025-06-20 · change

NIPPON ACTIVE VALUE FUND PLC 20.11%

2025-04-10 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues per share	¥2,540	¥2,948	¥2,912	¥2,503	¥3,039
FCF/Share	¥383	¥213	¥86	¥69	¥247
EPS	¥228	¥424	¥188	¥152	¥242
DPS	¥47	¥60	¥60	¥154	¥170
Capital Spending per share	¥185	¥214	¥377	¥469	¥349
Book Value per share	¥2,784	¥3,274	¥3,418	¥3,479	¥3,522
Common Shares Outstanding	13M	13M	12M	12M	12M

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues (Net Sales)	¥33B	¥37B	¥35B	¥30B	¥36B
Operating Margin (%)	12.4%	12.3%	9.9%	8.9%	12.0%
Net Profit (owners)	¥3B	¥5B	¥2B	¥2B	¥3B
Net Profit Margin (%)	9.0%	14.4%	6.4%	6.1%	8.0%
Working Capital	¥13B	¥17B	¥16B	¥15B	¥14B
Total Debt (Interest-bearing)	¥9B	¥5B	¥4B	¥5B	¥5B
Net Worth (Common Equity)	¥36B	¥41B	¥42B	¥42B	¥42B
Return on Total Assets (ROA)	5.6%	9.5%	4.1%	3.1%	4.8%
Return on Common Equity (ROE)	8.2%	12.9%	5.5%	4.4%	6.9%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.