4574
TAIKO PHARMACEUTICAL CO., LTD.
大幸薬品株式会社
Pharmaceutical
Taiko Pharmaceutical Co.,Ltd. manufactures and sells over-the-counter (OTC) medicines and quasi drugs in Japan and internationally. The company provides OTC medicines under the SEIROGAN, SEIROGAN TOI A and SEIROGAN Quick C, PISHUT OD Tablet brand names; and quasi-drugs under the RAPPA INTESTINAL REGULATOR BF brand names. It offers sanitation control products under the Cleverin PR, Cleverin Pro Stick, and Cleverin Pro name. In addition, the company manufactures and sells wood vinegar-based products. It exports its products. The company was incorporated in 1946 and is headquartered in Osaka, Japan.
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Overview
Filings & Signals
Ownership
Financials
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Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥6.4B
¥6.3B
¥6.1B
¥5.0B
¥11.3B
Cost of Sales
¥2.9B
¥2.6B
¥3.5B
¥4.0B
¥8.0B
Gross Profit
¥3.5B
¥3.7B
¥2.6B
¥1.1B
¥3.3B
SG&A
¥3.0B
¥3.0B
¥3.6B
¥4.2B
¥7.7B
Operating Income
¥459M
¥629M
¥-1.0B
¥-3.1B
¥-4.9B
Non-Operating Income
¥37M
¥86M
¥82M
¥109M
¥108M
Interest Income
¥16M
¥30M
¥25M
¥5M
¥3M
Non-Operating Expenses
¥14M
¥28M
¥325M
¥383M
¥1.3B
Interest Expense
¥5M
¥8M
¥8M
¥10M
¥6M
Ordinary Income
¥482M
¥688M
¥-1.2B
¥-3.4B
¥-6.1B
Pre-tax Income
¥958M
¥565M
¥-3.6B
¥-4.9B
¥-8.9B
Income Taxes
¥34M
¥-332M
¥47M
¥25M
¥706M
Current Tax
¥38M
¥24M
¥23M
¥6M
¥27M
Deferred Tax
¥-3M
¥-357M
¥24M
¥18M
¥679M
Net Income (owners)
¥923M
¥898M
¥-3.6B
¥-4.9B
¥-9.6B
Comprehensive Income
¥536M
¥1.1B
¥-3.5B
¥-4.8B
¥-9.5B
EBITDA
¥724M
¥885M
¥-301M
¥-2.3B
¥-4.0B
EPS
¥18.38
¥17.90
¥-76.25
¥-112.26
¥-220.52
Shares Outstanding
50.3M
50.2M
49.9M
43.6M
43.6M
Shares Issued (total)
50.6M
50.6M
50.4M
44.1M
44.1M
Treasury Shares
0.4M
0.4M
0.5M
0.6M
0.6M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥12.3B
¥12.9B
¥13.2B
¥15.0B
¥22.5B
Current Assets
¥8.4B
¥8.8B
¥9.1B
¥7.6B
¥13.8B
Cash & Deposits
¥4.3B
¥4.5B
¥5.5B
¥3.1B
¥5.8B
Trade Receivables
¥2.4B
¥2.4B
¥2.0B
¥1.7B
—
Non-Current Assets
¥3.8B
¥4.2B
¥4.1B
¥7.5B
¥8.8B
PP&E
¥3.3B
¥3.3B
¥3.6B
¥6.4B
¥7.1B
Intangible Assets
¥34M
¥27M
¥1M
¥222M
¥299M
Investment Securities
¥0M
¥461M
¥236M
¥533M
¥1.0B
Deferred Tax Assets
¥221M
¥105M
¥1M
¥2M
—
Total Liabilities
¥3.8B
¥4.9B
¥6.5B
¥7.0B
¥9.7B
Current Liabilities
¥2.5B
¥2.9B
¥3.0B
¥2.8B
¥4.3B
Accounts Payable
—
¥338M
¥375M
¥274M
¥309M
ST Debt
¥792M
¥1.2B
¥1.2B
¥1.0B
¥923M
Taxes Payable
¥15M
¥12M
¥42M
¥17M
¥12M
Non-Current Liabilities
¥1.2B
¥2.1B
¥3.4B
¥4.2B
¥5.4B
Total LT Borrowings
—
¥792M
¥2.0B
¥2.7B
¥3.8B
Pension Obligations
¥623M
¥655M
¥624M
¥659M
¥805M
Deferred Tax Liab.
¥6M
¥20M
¥188M
¥125M
¥104M
Total Equity
¥8.5B
¥8.0B
¥6.7B
¥8.0B
¥12.8B
Capital Stock
¥10M
¥10M
¥2.3B
¥1.2B
¥1.2B
Capital Surplus
¥5.0B
¥5.0B
¥2.7B
¥1.6B
¥1.6B
Retained Earnings
¥3.5B
¥2.5B
¥1.6B
¥5.2B
¥10.1B
Treasury Stock
¥-237M
¥-273M
¥-300M
¥-348M
¥-388M
AOCI
¥317M
¥703M
¥454M
¥309M
¥210M
Equity (owners)
¥8.2B
¥7.3B
¥6.3B
¥7.7B
¥12.6B
Total Interest-Bearing Debt ⓘ
¥792M
¥2.0B
¥3.2B
¥3.8B
¥4.7B
Net Cash ⓘ
¥3.5B
¥2.5B
¥2.3B
¥-654M
¥1.1B
NCAV ⓘ
¥4.7B
¥3.8B
¥2.6B
¥555M
¥4.1B
NCAV/Share
¥93
¥76
¥53
¥13
¥93
BV/Share
¥163
¥145
¥126
¥177
¥289
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥814M
¥362M
¥-307M
¥-2.0B
¥-1.6B
Interest Paid
¥-5M
¥-8M
¥-8M
¥-10M
¥-6M
Interest Received
¥17M
¥32M
¥25M
¥9M
¥8M
D&A
¥265M
¥256M
¥704M
¥737M
¥941M
Investing CF
¥142M
¥-5M
¥1.2B
¥190M
¥-1.6B
CapEx
¥291M
¥157M
¥97M
¥64M
¥1.5B
Proceeds from Invest.
¥447M
¥11M
¥621M
—
¥80M
Financing CF
¥-1.2B
¥-1.2B
¥1.5B
¥-997M
¥4.0B
Dividends Paid
—
¥-1M
¥-1M
¥0M
¥-782M
Share Buybacks
—
¥0M
¥0M
—
—
LT Debt Repaid
¥-1.2B
¥-1.2B
¥-1.1B
¥-923M
¥-316M
Free Cash Flow
¥523M
¥205M
¥-404M
¥-2.1B
¥-3.1B
Net Change in Cash
¥-275M
¥-712M
¥2.4B
¥-2.7B
¥823M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
11.2%
12.2%
-48.9%
-47.0%
-53.9%
ROA
7.3%
6.9%
-25.6%
-26.1%
-42.6%
EPS
¥18.38
¥17.90
¥-76.25
¥-112.26
¥-220.52
DPS
¥3.30
—
—
—
—
BPS
¥169.51
¥158.67
¥134.93
¥184.60
¥293.88
FCF/Share
¥10
¥4
¥-8
¥-47
¥-70
NCAV/Share
¥93
¥76
¥53
¥13
¥93
Payout Ratio
18.0%
—
—
—
—
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 8
Date Activist Stake Event Flag Demands Source
2023-10-20
Nomura Securities Co.,Ltd.
4.02%
-1.29%
change
Passive
—
2023-08-22
Nomura Securities Co.,Ltd.
5.31%
-1.95%
change
Passive
—
2023-08-18
Kingworld Medicines Health Management Limited
6.42%
correction
Passive
—
2023-08-17
Kingworld Medicines Health Management Limited
6.42%
initial_5pct
Passive
—
2023-08-17
Kingworld Medicines Health Management Limited
6.42%
correction
Passive
—
2023-07-06
Nomura Securities Co.,Ltd.
7.26%
-2.07%
change
Passive
—
2023-06-09
Nomura Securities Co.,Ltd.
9.33%
-0.87%
change
Passive
—
2023-05-29
Nomura Securities Co.,Ltd.
10.2%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 0
#
Shareholder
Shares (thou.)
% of Total
1
ROYAL BANK OF CANADA SINGAPORE BRANCH-CLIENT’S A/C
ROYAL BANK OF CANADA SINGAPORE BRANCH-CLIENT’S A/C (常任代理人 シティバンク、エヌ・エイ東京支店)
3,852,765
7.67%
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)
3,426,100
6.82%
3
柴田 高
3,330,431
6.63%
4
柴田 仁
3,298,810
6.56%
5
NOMURA SINGAPORE LIMITED CUSTOMER SEGREGATED A/C FJ-1309
NOMURA SINGAPORE LIMITED CUSTOMER SEGREGATED A/C FJ-1309 (常任代理人 野村證券株式会社)
3,185,900
6.34%
6
ZONGYI SOLAR POWER (LUXEMBOURG)
ZONGYI SOLAR POWER (LUXEMBOURG) (常任代理人 シティバンク、エヌ・エイ東京支店)
2,129,400
4.24%
7
柴田 晃宏
1,899,445
3.78%
8
興和株式会社
1,508,000
3.00%
9
柴田 穣
1,336,054
2.66%
10
Earth Corporation
アース製薬株式会社
1,311,400
2.61%
Domestic Nominees
6.8%
-3.2% 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
43.5%
+0.5% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
ROYAL BANK OF CANADA SINGAPORE BRANCH-CLIENT’S A/C
ROYAL BANK OF CANADA SINGAPORE BRANCH-CLIENT’S A/C
7.81%
7.47%
7.67%
+0.20%
Japan Master Trust Bank
日本マスタートラスト信託銀行
6.05%
9.99%
6.82%
-3.17%
柴田 高
6.60%
6.59%
6.63%
+0.04%
柴田 仁
6.56%
6.55%
6.56%
+0.01%
NOMURA SINGAPORE LIMITED CUSTOMER SEGREGATED A/C FJ-1309
6.38%
6.35%
6.34%
-0.01%
ZONGYI SOLAR POWER (LUXEMBOURG)
—
4.24%
4.24%
柴田 晃宏
3.80%
3.78%
3.78%
興和
2.62%
3.00%
3.00%
柴田 穣
NEW ENTRY
—
—
—
2.66%
NEW
Earth Corporation
アース製薬
2.63%
2.61%
2.61%
柴田 航
last seen 2024
Exited Top 10
2.43%
2.42%
—
UBS
last seen 2023
Exited Top 10
4.93%
—
—
Concentration (HHI)
ⓘ
283
336
288
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥0M
-100% since 2023
Holdings
0
1 exited
Trend
Stable
vs 2023
Held Company
FY2025
¥0M total
FY2023
¥232M total
Book Val ¥M
Shares
Book Val ¥M
Shares
Cuorips Inc.
クオリプス(株)
—
−100%
Exit
—
232
100,000
Portfolio total
0
232
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding