4611

Dai Nippon Toryo Company, Limited

大日本塗料株式会社
Chemicals
Dai Nippon Toryo Company, Limited, together with its subsidiaries, manufactures and sells coatings and jet inks in Japan and internationally. The company operates through Domestic Coatings, Overseas Coatings, Lighting, and Fluorescent Color Material segments. It offers anticorrosive coatings for steel frames of buildings, bridges, industrial plants, and concrete structures; decorative coatings comprising water-based coatings for interiors and thermal insulation coatings that reflect sunlight and radiate heat when applied on roofs and walls; coatings for automotive components, such as door mirrors, bumpers, and other interior and exterior components; and powder coatings for industrial applications, such as curtain walls, aluminum sashes, steel furniture, agricultural and construction machinery, heavy and light electrical equipment, PCM, and exterior materials. The company also provides coating workshops for coating workers. In addition, it offers nanoparticle series products, including metal and inorganic oxides that exhibit optical, electrical, and other functions; an immunochromatography kit for detection of extracellular vesicles; and solutions for forming coating/ink composite coating films. Further, the company engages in the manufacture and sale of lighting equipment, fluorescent pigments, and special coating materials, as well as store construction activities. Dai Nippon Toryo Company, Limited was incorporated in 1929 and is headquartered in Osaka, Japan.
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Price
¥1,288
Market Cap
¥36.7B
Ent. Value
¥35.6B
Net Cash
¥1.1B
Shares Out.
28.5M
P / E
3.9×
EV / EBIT
7.6×
⚠ TSE Capital Mandate
P / Book
0.56×
P / NCAV
N/M
Div. Yield
3.80%
Financials
Metric FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales ¥72.5B ¥71.9B ¥72.8B ¥66.9B
Cost of Sales ¥50.0B ¥50.1B ¥52.2B ¥47.3B
Gross Profit ¥22.5B ¥21.8B ¥20.6B ¥19.7B
SG&A ¥17.7B ¥16.9B ¥16.7B ¥16.5B
Operating Income ¥4.7B ¥4.9B ¥3.9B ¥3.2B
Non-Operating Income ¥832M ¥611M ¥586M ¥673M
Dividend Income ¥276M ¥278M ¥229M ¥210M
Interest Income ¥127M ¥51M ¥15M ¥17M
Non-Operating Expenses ¥348M ¥175M ¥216M ¥391M
Interest Expense ¥81M ¥72M ¥71M ¥65M
Ordinary Income ¥5.2B ¥5.3B ¥4.3B ¥3.5B
Pre-tax Income ¥11.8B ¥7.3B ¥4.9B ¥3.6B
Income Taxes ¥2.1B ¥2.5B ¥1.3B ¥1.3B
Current Tax ¥1.3B ¥1.5B ¥947M ¥595M
Deferred Tax ¥831M ¥949M ¥348M ¥732M
Net Income (owners) ¥9.4B ¥4.6B ¥3.5B ¥2.0B
Minority Interest ¥206M ¥225M ¥159M ¥251M
Comprehensive Income ¥6.9B ¥8.7B ¥4.0B ¥1.9B
EBITDA ¥7.2B ¥7.3B ¥6.3B ¥5.7B
EPS ¥331.40 ¥161.70 ¥121.78 ¥71.74
Shares Outstanding 28.5M 28.5M 28.4M 28.3M
Shares Issued (total) 29.7M 29.7M 29.7M 29.7M
Treasury Shares 1.2M 1.2M 1.3M 1.4M