Daito Chemix Corp

Daito Chemix Corp's capital structure shows a debt-to-equity ratio of 0.44, indicating a relatively conservative leverage position compared to industry norms. The company's liquidity position is mixed, with a current ratio of 2.18, suggesting it can cover short-term obligations, but with negative net cash after subtracting total debt. The company's operating cash flow of 1,049,000,000 JPY is positive, but capital expenditures of -2,756,000,000 JPY indicate significant reinvestment in the business.

Profitability metrics are concerning, with a return on equity of -7.2% and a return on assets of -4.19%, both well below the industry median. The company reported a net loss of 1,046,000,000 JPY, despite a gross profit of 697,000,000 JPY and operating income of 338,000,000 JPY. These figures suggest operational inefficiencies or cost overruns that are eroding profitability.

Geographic and segment exposure data is not available in the provided dataset, but the company's revenue concentration is likely within Japan, given its domestic listing and typical industry practices. The absence of disclosed international operations suggests a limited geographic diversification, which could increase exposure to local economic conditions.

The company's growth trajectory is uncertain, with no specific outlook provided for the current or next fiscal year. However, the significant capital expenditures suggest a strategic focus on expansion or modernization. The reported revenue of 4,306,000,000 JPY is a key metric to monitor for future performance.

Risk factors include a medium liquidity risk, primarily due to the negative net cash position after accounting for total debt. The company's dilution risk is assessed as low, with no immediate pressure from share issuance. However, the net loss and negative return on equity highlight operational and financial risks that could affect long-term stability.

Recent events include the latest financial filing, which shows a net loss and a significant capital expenditure. No recent earnings call transcripts or major announcements are available in the provided data, limiting insight into management's strategic direction or market response.

Revenue grew 17.9% year-over-year to JPY 18.6 billion in fiscal 2025, demonstrating strong top-line expansion.

Free cash flow surged 154.2% to JPY 1.3 billion in fiscal 2025, reversing previous negative trends.

Net income rebounded 181.6% year-over-year to JPY 820 million in fiscal 2025, signaling profitability recovery.

Debt-to-equity ratio of 0.44 is below the 0.39 cohort median, indicating relatively conservative leverage levels.

Return on equity of -7.2% ranks in the bottom quartile compared to the 3.7% cohort median.

The company faces high credit risk according to internal risk flag assessments for the issuer.

Cash conversion ratio of -1.0 is in the bottom quartile, significantly underperforming the 0.95 cohort median.

Long-term debt increased to JPY 5.4 billion in fiscal 2025, up from JPY 3.3 billion in fiscal 2021.

Revenue ¥4.87B, +1,4% YoY; Operating income −1,1% YoY.

• ▍Revenue ¥4.87B, +1,4% YoY
• ▍Operating income −1,1% YoY
• ▍Net income +12,7% YoY
• ▍Net margin 5.3%

Revenue ¥4.78B, +0,8% YoY; Operating income −30,9% YoY.

• ▍Revenue ¥4.78B, +0,8% YoY
• ▍Operating income −30,9% YoY
• ▍Net income −31,5% YoY
• ▍Net margin 2.0%

Revenue ¥4.78B, +5,0% YoY; Operating income +131,1% YoY.

• ▍Revenue ¥4.78B, +5,0% YoY
• ▍Operating income +131,1% YoY
• ▍Net income +49,3% YoY
• ▍Net margin 2.3%

Revenue ¥4.54B, +5,5% YoY; Operating income −37,6% YoY.

• ▍Revenue ¥4.54B, +5,5% YoY
• ▍Operating income −37,6% YoY
• ▍Net income +135,7% YoY
• ▍Net margin 8.2%

Revenue ¥4.80B; Operating income ¥284.0M.

• ▍Revenue ¥4.80B
• ▍Operating income ¥284.0M
• ▍Net margin 4.8%

Revenue ¥4.75B; Operating income ¥217.0M.

• ▍Revenue ¥4.75B
• ▍Operating income ¥217.0M
• ▍Net margin 3.0%

Revenue ¥4.55B; Operating income ¥161.0M.

• ▍Revenue ¥4.55B
• ▍Operating income ¥161.0M
• ▍Net margin 1.6%

Revenue ¥4.31B; Operating income ¥338.0M.

• ▍Revenue ¥4.31B
• ▍Operating income ¥338.0M
• ▍Net margin -24.3%

Revenue ¥18.64B, +17,9% YoY; Operating income +21,2% YoY.

• ▍Revenue ¥18.64B, +17,9% YoY
• ▍Operating income +21,2% YoY
• ▍Net income +181,6% YoY
• ▍Free cash flow +154,2% YoY
• ▍Net margin 4.4%

Revenue ¥15.81B, −3,5% YoY; Operating income −43,1% YoY.

• ▍Revenue ¥15.81B, −3,5% YoY
• ▍Operating income −43,1% YoY
• ▍Net income −208,9% YoY
• ▍Free cash flow −482,0% YoY
• ▍Net margin -6.4%

Revenue ¥16.38B, +1,5% YoY; Operating income −26,9% YoY.

• ▍Revenue ¥16.38B, +1,5% YoY
• ▍Operating income −26,9% YoY
• ▍Net income −41,7% YoY
• ▍Free cash flow −176,6% YoY
• ▍Net margin 5.6%

Revenue ¥16.13B, +15,3% YoY; Operating income +20,0% YoY.

• ▍Revenue ¥16.13B, +15,3% YoY
• ▍Operating income +20,0% YoY
• ▍Net income +45,0% YoY
• ▍Free cash flow −55,1% YoY
• ▍Net margin 9.8%