7928.T
The company operates in the Commodity Chemicals industry, producing and selling chemical products, primarily generating revenue through the sale of these goods to industrial and manufacturing customers.
Business. The company operates in the Commodity Chemicals industry, producing and selling chemical products, primarily generating revenue through the sale of these goods to industrial and manufacturing customers.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
The company operates in the Commodity Chemicals industry, producing and selling chemical products, primarily generating revenue through the sale of these goods to industrial and manufacturing customers.
The company maintains a strong liquidity position, with a current ratio of 2.64, indicating that it has more than double the current assets to cover its current liabilities. Its cash and equivalents amount to 1,596,243,000 JPY, which is a significant portion of its total assets. However, the company reported a negative operating income of -47,071,000 JPY, which contrasts with a positive net income of 47,133,000 JPY, suggesting that non-operating items or gains may have contributed to the net profit.
Profitability metrics show mixed results. The company's return on equity (ROE) is 0.89%, and return on assets (ROA) is 0.71%, both of which are below the industry median for Commodity Chemicals. The price-to-book ratio of 0.35 indicates that the company is trading at a significant discount to its book value, which may reflect market concerns about its asset quality or future earnings potential.
The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no material geographic diversification reported. This lack of diversification may expose the company to higher operational and market risks, particularly in the volatile chemical industry.
Looking ahead, the company's revenue is expected to remain relatively stable, with no significant growth or decline projected in the next fiscal year. However, the company's free cash flow is negative at -388,078,000 JPY, which may limit its ability to reinvest in the business or return value to shareholders.
The company's risk profile is generally low, with no immediate liquidity or dilution flags detected. The debt-to-equity ratio is 0.02, indicating a conservative capital structure with minimal leverage. However, the company's operating cash flow of 137,714,000 JPY is not sufficient to cover its capital expenditures of -650,909,000 JPY, which may require additional financing or a reduction in capital spending.
Recent financial filings and transcripts do not indicate any major events or strategic shifts that would significantly impact the company's operations or financial performance. The company's management has not disclosed any material risks or uncertainties that would affect its ability to meet its financial obligations or continue as a going concern.
- The company has a strong liquidity position with a current ratio of 2.64 and significant cash reserves.
- Profitability is weak, with ROE and ROA below industry medians, and a negative operating income despite a positive net income.
- The company's revenue is concentrated in a single segment, increasing exposure to market volatility.
- Free cash flow is negative, which may constrain reinvestment or shareholder returns.
- The company's capital structure is conservative, with low leverage and no immediate dilution or liquidity risks.
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- No immediate filing-based liquidity or dilution flags were detected.
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- 7928.T Market data — financials · 2026-05-27
- Asahi Kagaku Kogyo Co Ltd Market data — analyst estimates · 2026-05-27