4401

ADEKA CORPORATION

株式会社ADEKA
Chemicals
Adeka Corporation engages in chemicals, food products, and life science businesses. The company offers polymer additives, such as antioxidants, UV absorbers/hindered amine light stabilizers, nucleating agents/clarifiers, metal deactivators/additives for filled polymers, flame retardants, epoxy type stabilizers/lubricants/processability improvers/water dispersion type stabilizers; plasticizers/PVC stabilizers; and photo/thermal curing materials, initiators, polymerizable materials, resist materials, thermal paper materials, semiconductor materials, and circuit materials. Its chemical products also include water borne, epoxy, low chlorine epoxy, and urethane resins; surface specialties, such as general-purpose and functional surfactants, functional cosmetic ingredients, lubricant additives, and base materials for lubricants; propylene glycol, peroxygen chemicals, metal soaps, and inorganic chemicals; and inducing sealing materials, as well as civil engineering and construction materials. The company provides its chemical products to electronics and IT, plastics and rubber, personal care, industrial, liquid crystal display, automotive, and building and construction industries, as well as paints, coatings, and adhesives industries. In addition, it offers food products, such as margarines, shortening products, oils and fats for chocolate, frying oil, whipped cream, mayonnaise, and others. Further, the company engages in the design, construction and construction management of equipment plants, equipment maintenance, logistics, warehousing, vehicle leasing, real estate, insurance agency, etc. The company was formerly known as Asahi Denka Co., Ltd. and changed its name to Adeka Corporation in May 2006. Adeka Corporation was incorporated in 1917 and is headquartered in Tokyo, Japan.
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Price
¥4,292
Market Cap
¥438.8B
Ent. Value
¥392.1B
Net Cash
¥46.7B
Shares Out.
102.2M
P / E
17.5×
EV / EBIT
9.6×
P / Book
1.47×
P / NCAV
2.77×
Div. Yield
2.33%
Financials
Metric FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales ¥407.1B ¥399.8B ¥403.3B ¥363.0B
Cost of Sales ¥292.3B ¥295.1B ¥305.1B ¥266.5B
Gross Profit ¥114.9B ¥104.7B ¥98.2B ¥96.5B
SG&A ¥73.9B ¥69.3B ¥65.8B ¥61.6B
Operating Income ¥41.0B ¥35.4B ¥32.4B ¥34.9B
Non-Operating Income ¥6.3B ¥6.5B ¥4.5B ¥2.6B
Dividend Income ¥1.1B ¥975M ¥925M ¥933M
Interest Income ¥2.2B ¥2.2B ¥1.6B ¥309M
Non-Operating Expenses ¥8.0B ¥6.2B ¥4.3B ¥1.7B
Interest Expense ¥3.4B ¥3.7B ¥2.5B ¥855M
Ordinary Income ¥39.3B ¥35.8B ¥32.6B ¥35.8B
Pre-tax Income ¥38.9B ¥35.7B ¥29.2B ¥37.0B
Income Taxes ¥10.4B ¥9.4B ¥8.2B ¥9.7B
Current Tax ¥11.0B ¥8.9B ¥9.8B ¥10.3B
Deferred Tax ¥-617M ¥437M ¥-1.6B ¥-600M
Net Income (owners) ¥25.0B ¥23.0B ¥16.8B ¥23.7B
Minority Interest ¥3.5B ¥3.3B ¥4.2B ¥3.6B
Comprehensive Income ¥25.4B ¥39.2B ¥25.8B ¥32.7B
EBITDA ¥58.6B ¥52.5B ¥48.4B ¥50.5B
EPS ¥245.55 ¥224.87 ¥163.30 ¥230.21
Shares Outstanding 102.2M 102.5M 103.0M 103.4M
Shares Issued (total) 103.8M 103.8M 103.8M 103.8M
Treasury Shares 1.5M 1.2M 0.8M 0.4M