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Rasa Industries, Ltd. (4022.T)

JPY1,956.00 +8.00 (+0.41%)
JP JPX Basic Materials Chemicals - Specialty
Address 1-18-13 Sotokanda 101-0021
Tokyo, JP
CEO Kousaku Sakao
Website rasa.co.jp
IPO 2001-01-01
ISIN JP3967400007

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Description

Rasa Industries, Ltd., a Japanese company, operates in the chemicals, machinery, and electronic materials sectors. Its Chemicals division manufactures and supplies phosphoric acid, phosphoric anhydride, polyphosphate, capacitor components, and premium copper powder, alongside other electronic-grade products for semiconductor and liquid crystal technologies. The Electronic Materials division focuses on producing and distributing high-purity inorganic materials like gallium, red phosphorus, indium, and boric oxide, in addition to resist removers and spin-on-dielectrics, all essential for semiconductor and liquid crystal panel fabrication. The Machinery division designs and builds excavation, crushing, and sorting machines, as well as pipe jacking equipment. Established in Tokyo, Japan, in 1911, the company was formerly known as Rasa Island Phosphate Ore, Ltd. and adopted its current name in 1934.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY1,956.00 +8.00 (+0.41%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.82
Float Shares
26.62M
Free Float %
68.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.54% -13.32% +14.44% +1.95% +98.54% +65.88% +230.15% +414.39% +436.90% +879.33% +331.57%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,956.00
DCF (Unlevered) 484.55 -75.2%
DCF (Levered) 562.32 -71.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
4.93
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Chemicals - Specialty: +4.7%
    +5.1% Q1'26: +3.8% (vs Q1'25)
  • EPS growth Chemicals - Specialty: +13.2%
    +40.0% Q1'26: -0.3% (vs Q1'25)
  • FCF margin FCF growth · Chemicals - Specialty: +44.1%
    +8.4% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Chemicals - Specialty: +8.8%
    +12.6% Q1'26: +12.0% (vs Q1'25)
  • ROIC Chemicals - Specialty: +5.6%
    +12.3% Q1'26: +12.6% (vs Q1'25)
  • Share dilution Chemicals - Specialty: +0.1%
    -0.5% Q1'26: -0.5% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Chemicals - Specialty: 0.18×
    0.96× Q1'26: 0.96× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.85) × ERP
WACC = 91% × Ke + 9% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 484.76 Current price: 1,956.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
1 Rev. Ana.
1 EPS Ana.
Mar 2027
1 Rev. Ana.
1 EPS Ana.
Revenue
31.00B
est: 32.00B (-3.1%)
29.76B
est: 29.50B (+0.9%)
28.98B
est: 30.00B (-3.4%)
35.41B
est: 31.50B (+12.4%)
49.60B
est: 33.50B (+48.1%)
42.79B
est: 41.00B (+4.4%)
45.42B
est: 43.50B (+4.4%)
47.00B
47.00B – 47.00B
+8.0% YoY
52.00B
52.00B – 52.00B
+10.6% YoY
EBITDA
4.14B
est: 4.49B (-8.0%)
3.54B
est: 4.14B (-14.6%)
4.32B
est: 4.21B (+2.6%)
5.19B
est: 4.42B (+17.2%)
6.67B
est: 4.71B (+41.8%)
5.50B
est: 5.76B (-4.5%)
6.53B
est: 6.23B (+4.7%)
6.73B
6.73B – 6.73B
+8.0% YoY
7.45B
7.45B – 7.45B
+10.6% YoY
EBIT
2.81B
est: 3.12B (-9.8%)
2.10B
est: 2.88B (-27.1%)
2.84B
est: 2.93B (-3.1%)
3.66B
est: 3.07B (+19.1%)
4.82B
est: 3.27B (+47.6%)
3.64B
est: 4.00B (-9.1%)
4.73B
est: 4.49B (+5.5%)
4.85B
4.85B – 4.85B
+8.0% YoY
5.36B
5.36B – 5.36B
+10.6% YoY
Net Income
2.27B
est: 2.28B (-0.2%)
1.38B
est: 1.12B (+23.0%)
2.00B
est: 1.54B (+30.5%)
2.54B
est: 2.08B (+22.0%)
3.23B
est: 2.38B (+35.9%)
2.38B
est: 2.00B (+18.9%)
3.13B
est: 2.53B (+23.8%)
3.60B
3.60B – 3.60B
+42.4% YoY
4.60B
4.60B – 4.60B
+27.8% YoY
SGA
3.96B
est: 3.42B (+15.7%)
3.97B
est: 3.16B (+25.7%)
3.75B
est: 3.21B (+16.9%)
4.03B
est: 3.37B (+19.4%)
4.27B
est: 3.59B (+19.2%)
4.19B
est: 4.39B (-4.5%)
4.90B
est: 4.43B (+10.5%)
4.79B
4.79B – 4.79B
+8.0% YoY
5.30B
5.30B – 5.30B
+10.6% YoY
EPS
57.38
est: 290.10 (-80.2%)
34.75
est: 142.60 (-75.6%)
50.57
est: 195.60 (-74.1%)
64.01
est: 265.00 (-75.8%)
81.68
est: 302.80 (-73.0%)
60.30
est: 255.20 (-76.4%)
79.74
est: 64.76 (+23.1%)
92.22
92.22 – 92.22
+42.4% YoY
117.84
117.84 – 117.84
+27.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-15 A- 4/5 4/5 4/5 5/5 2/5 3/5 3/5
2026-05-14 A- 4/5 3/5 5/5 5/5 2/5 3/5 3/5
2026-05-13 A- 4/5 3/5 5/5 5/5 2/5 3/5 3/5
2026-05-12 A- 4/5 3/5 5/5 5/5 2/5 3/5 3/5
2026-05-11 A- 4/5 3/5 5/5 5/5 2/5 3/5 3/5
2026-05-08 A 4/5 4/5 5/5 5/5 2/5 3/5 3/5
2026-05-07 A 4/5 4/5 5/5 5/5 2/5 3/5 3/5
2026-05-01 A 4/5 4/5 5/5 5/5 2/5 3/5 3/5
2026-04-30 A 4/5 4/5 5/5 5/5 2/5 3/5 3/5
2026-04-28 A- 4/5 4/5 5/5 5/5 1/5 3/5 3/5
2026-04-27 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-24 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-23 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-22 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-21 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-20 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-17 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-16 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
889.74M
OE per share TTM
22.76
Owner's Yield
1.11%
Maintenance CapEx ratio
83.55%
Maint CapEx / Avg PPE
47.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 20 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares International Small-Cap Equity Factor ETF ISCF 0.21% 1.39M 0.24%
2 WisdomTree Japan SmallCap Dividend Fund DFJ 0.13% 480.9K 0.58%
3 WisdomTree Japan Equity UCITS ETF - USD Hedged Acc DXJA.L 0.03% 233.5K 0.48%
4 WisdomTree Japan Equity UCITS ETF - USD Acc DXJZ.L 0.03% 233.5K 0.40%
5 WisdomTree Japan Equity UCITS ETF DXJ.L 0.03% 233.5K 0.48%
6 WisdomTree Japan Equity UCITS ETF - CHF Hedged Acc DXJD.SW 0.03% 288.2K 0.45%
7 WisdomTree Japan Equity UCITS ETF - EUR Hedged Acc DXJF.MI 0.03% 266.0K 0.45%
8 WisdomTree Japan Equity UCITS ETF - GBP Hedged DXJP.L 0.03% 312.2K 0.45%
9 Avantis International Small Cap Value ETF AVDV 0.02% 4.58M 0.36%
10 Avantis International Small Cap Equity ETF AVDS 0.02% 57.1K 0.30%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
9.70M
Shares Outstanding
39.06M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Gen Takeda Executive Officer
Hiroyuki Nagayoshi Executive Officer
Katsunori Kitada Senior Executive Officer, Corporate Planning Office Manager of DX Promotion & Director male
Kazumasa Hagiwara Executive Officer
Kousaku Sakao President, Chief Executive Officer & Representative Director male
Masaki Nagato Chief Financial Officer male
Tetsuo Mochizuki Managing Executive Officer, GM of Accounting Department, IR & General Affairs Manager and Director male
Ueda Hideki Managing Executive Officer & Director male
Yoshihiro Habe Executive Officer
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits