8103
Meiwa Corporation
明和産業株式会社Meiwa Corporation engages in the chemicals, lubricants, battery materials, automotive and mineral resources, and environmental businesses in Japan and internationally. The company offers mineral resources comprising rare earth elements, rare metals, environmental products, metal products, activated carbon, quartz, inorganic raw materials, pharmaceutical intermediates, and others; and antinomy trioxide plus brominated and phosphorus flame retardants. It also provides construction materials, including waterproof materials, heat-insulating materials/subsidiary materials, interior trim materials, internal store trim materials, flooring materials, wooden packaging materials, and residential fittings; and petroleum products, such as fuel, heavy fuel oil, lubricating oil and grease, base oil, refrigerant oils, lubricant additives, solvent oils, asphalt, process oils, slack waxes, liquid paraffins, and other products. In addition, the company sells various films and processed film, including resins, high-precision chemicals, fillers, and printing materials; general-purpose resins, engineering plastics, super engineering plastics, PVC compounds, and elastomers, as well as foam products, FRP materials, and processed plastic products. Further, it provides lithium-ion battery cathode/anode materials, electrolyte, separator, raw materials and intermediate products, energy storage battery system, other battery products and materials, anthracite coal and processed anthracite products, and limestone and processed limestone products; and general automotive parts and materials, and raw materials. Meiwa Corporation was incorporated in 1947 and is headquartered in Tokyo, Japan.
Price
¥880
Market Cap
¥35.5B
Ent. Value
¥28.7B
Net Cash
¥6.8B
Shares Out.
40.3M
P / E
10.5×
EV / EBIT
6.9×
P / Book
0.85×
P / NCAV
1.74×
Div. Yield
4.77%
Financials
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Net Sales | ¥164.9B | ¥156.7B | ¥158.3B | ¥156.7B | ¥143.0B |
| Cost of Sales | ¥150.7B | ¥144.2B | ¥146.7B | ¥145.0B | ¥132.1B |
| Gross Profit | ¥14.3B | ¥12.6B | ¥11.6B | ¥11.7B | ¥10.9B |
| SG&A | ¥10.1B | ¥9.0B | ¥8.6B | ¥8.0B | ¥7.5B |
| Operating Income | ¥4.1B | ¥3.6B | ¥3.0B | ¥3.7B | ¥3.4B |
| Non-Operating Income | ¥584M | ¥1.1B | ¥1.2B | ¥910M | ¥486M |
| Dividend Income | — | ¥240M | ¥308M | ¥651M | ¥342M |
| Non-Operating Expenses | — | ¥109M | ¥115M | ¥1.4B | ¥477M |
| Interest Expense | — | ¥43M | ¥73M | ¥133M | ¥69M |
| Ordinary Income | ¥4.4B | ¥4.5B | ¥4.0B | ¥3.2B | ¥3.4B |
| Pre-tax Income | ¥5.1B | ¥4.7B | ¥4.1B | ¥3.2B | ¥3.6B |
| Income Taxes | ¥1.6B | ¥1.3B | ¥1.3B | ¥1.4B | ¥1.2B |
| Current Tax | — | ¥1.5B | ¥1.1B | ¥1.5B | ¥944M |
| Deferred Tax | — | ¥-238M | ¥128M | ¥-50M | ¥209M |
| Net Income (owners) | ¥3.4B | ¥3.4B | ¥2.8B | ¥1.7B | ¥2.4B |
| Minority Interest | — | ¥73M | ¥46M | ¥74M | ¥27M |
| Comprehensive Income | — | ¥2.6B | ¥4.0B | ¥2.9B | ¥3.9B |
| EBITDA | ¥4.5B | ¥3.8B | ¥3.2B | ¥3.9B | ¥3.7B |
| EPS | ¥83.99 | ¥83.28 | ¥66.09 | ¥41.21 | ¥57.65 |
| Shares Outstanding | — | 40.3M | 41.7M | 41.8M | 41.8M |
| Shares Issued (total) | — | 40.3M | 41.8M | 41.8M | 41.8M |
| Treasury Shares | — | 0.0M | 0.1M | 0.0M | 0.0M |