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Aica Kogyo Company, Limited (4206.T)

JPY3,726.00 +6.00 (+0.16%)
JP JPX Industrials Conglomerates
Address JP Tower Nagoya 450-6326
Nagoya, JP
CEO Kenji Ebihara
Website aica.co.jp
IPO 2001-01-01
ISIN JP3100800006

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Description

Aica Kogyo Company, Limited is an international enterprise engaged in the development, manufacture, and distribution of a comprehensive array of chemical products, as well as laminates and building materials. The company's chemical division provides a diverse range of items, including coatings for interior, exterior, wall, and floor finishing, specialized organic fine particles, industrial and architectural adhesives, and advanced resins for industrial use and composite boards. Additional offerings include repair and reinforcing compounds, corrosion prevention materials, hot melts, UV-curable resins, and functional spherical polymer beads. These chemical solutions are utilized across numerous industries such as wood processing, general construction, civil engineering, automotive production, electronic materials, and various industrial and household applications. Within its laminates and building materials segment, Aica Kogyo supplies high-pressure laminates, melamine veneers, veneer plywood, various types of boards (including extruded cement), and decorative films. Their product line also features interior components like doors, counters, storage units, and fittings, alongside non-combustible decorative materials and panels. These essential materials are widely incorporated into diverse structures, spanning commercial establishments, offices, educational and cultural facilities, transportation infrastructure, healthcare and welfare institutions, accommodation venues, warehouses, factories, and residential properties. Founded in 1936 and headquartered in Nagoya, Japan, the company initially operated under the name Aichi Kagaku Kogyo Co., Ltd., before adopting its current designation, Aica Kogyo Company, Limited, in June 1966.

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
JPY3,726.00 +6.00 (+0.16%)
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Volume Profile
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Liquidity & share structure
Average Volume
283.4K
Beta
0.20
Float Shares
47.91M
Free Float %
76.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.62% -1.04% -8.63% -10.65% -0.98% -2.31% -3.95% +13.95% -16.24% +38.98% +447.92%
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
3,726.00
DCF (Unlevered) 12,052.07 +223.5%
DCF (Levered) 6,667.84 +79.0%

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) 100% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 1 0
Hold 0 -1
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.18
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A+
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Conglomerates: +6.1%
    +1.2% Q1'26: +2.5% (vs Q1'25)
  • EPS growth Conglomerates: +16.9%
    +3.6% Q1'26: +16.3% (vs Q1'25)
  • FCF margin FCF growth · Conglomerates: +35.9%
    -1.0% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Conglomerates: +9.0%
    +11.4% Q1'26: +10.8% (vs Q1'25)
  • ROIC Conglomerates: +4.7%
    +9.9% Q1'26: +8.7% (vs Q1'25)
  • Share dilution Conglomerates: +0.0%
    +6.0% Q1'26: +6.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Conglomerates: 1.28×
    1.28× Q1'26: 1.34× (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 (0.20) × ERP
WACC = 83% × Ke + 17% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 12,052.07 Current price: 3,726.00
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 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
3 Rev. Ana.
3 EPS Ana.
Mar 2027
1 Rev. Ana.
1 EPS Ana.
Mar 2028
3 Rev. Ana.
3 EPS Ana.
Revenue
143.84B
est: 143.13B (+0.5%)
150.06B
est: 149.50B (+0.4%)
151.63B
est: 155.40B (-2.4%)
163.73B
est: 162.07B (+1.0%)
191.36B
est: 186.01B (+2.9%)
191.50B
est: 192.40B (-0.5%)
174.63B
est: 174.50B (+0.1%)
214.51B
est: 202.87B (+5.7%)
242.06B
est: 242.80B (-0.3%)
236.63B
est: 238.97B (-1.0%)
248.70B
est: 251.00B (-0.9%)
257.77B
250.60B – 261.70B
+2.7% YoY
279.00B
270.07B – 289.82B
+8.2% YoY
294.87B
276.60B – 317.00B
+5.7% YoY
EBITDA
20.52B
est: 19.24B (+6.7%)
19.96B
est: 20.10B (-0.7%)
21.77B
est: 20.89B (+4.2%)
23.28B
est: 21.78B (+6.9%)
25.62B
est: 25.00B (+2.5%)
26.14B
est: 25.86B (+1.1%)
24.07B
est: 23.46B (+2.6%)
28.29B
est: 27.27B (+3.7%)
25.98B
est: 32.64B (-20.4%)
33.08B
est: 42.89B (-22.9%)
35.62B
est: 45.04B (-20.9%)
46.26B
44.97B – 46.96B
+2.7% YoY
50.07B
48.47B – 52.01B
+8.2% YoY
52.92B
49.64B – 56.89B
+5.7% YoY
EBIT
17.40B
est: 14.36B (+21.2%)
16.45B
est: 15.00B (+9.7%)
18.26B
est: 15.59B (+17.1%)
19.64B
est: 16.26B (+20.8%)
21.41B
est: 18.66B (+14.7%)
21.48B
est: 19.30B (+11.3%)
18.30B
est: 17.51B (+4.5%)
21.80B
est: 20.35B (+7.1%)
18.83B
est: 24.36B (-22.7%)
26.01B
est: 33.88B (-23.2%)
27.50B
est: 35.59B (-22.7%)
36.55B
35.53B – 37.11B
+2.7% YoY
39.56B
38.30B – 41.09B
+8.2% YoY
41.81B
39.22B – 44.95B
+5.7% YoY
Net Income
10.14B
est: 9.41B (+7.7%)
9.96B
est: 9.50B (+4.9%)
11.06B
est: 10.49B (+5.4%)
12.00B
est: 11.76B (+2.0%)
13.32B
est: 12.59B (+5.8%)
12.73B
est: 13.22B (-3.7%)
10.76B
est: 9.96B (+8.0%)
13.12B
est: 12.18B (+7.7%)
10.06B
est: 13.52B (-25.6%)
15.14B
est: 16.54B (-8.5%)
16.90B
est: 17.23B (-2.0%)
19.95B
19.11B – 20.78B
+15.8% YoY
20.61B
19.66B – 21.55B
+3.3% YoY
21.93B
20.93B – 22.92B
+6.4% YoY
SGA
22.75B
est: 10.08B (+125.6%)
24.92B
est: 10.53B (+136.6%)
26.67B
est: 10.95B (+143.6%)
27.75B
est: 11.42B (+143.1%)
27.75B
est: 13.10B (+111.8%)
29.98B
est: 13.55B (+121.2%)
29.75B
est: 12.29B (+142.0%)
31.68B
est: 14.29B (+121.7%)
33.80B
est: 17.10B (+97.6%)
36.42B
est: 35.87B (+1.5%)
37.73B
est: 37.68B (+0.1%)
38.69B
37.62B – 39.28B
+2.7% YoY
41.88B
40.54B – 43.51B
+8.2% YoY
44.26B
41.52B – 47.59B
+5.7% YoY
EPS
155.98
est: 148.30 (+5.2%)
152.60
est: 149.73 (+1.9%)
169.47
est: 165.40 (+2.5%)
183.75
est: 185.30 (-0.8%)
203.95
est: 198.40 (+2.8%)
194.99
est: 208.30 (-6.4%)
164.78
est: 157.03 (+4.9%)
200.88
est: 191.97 (+4.6%)
157.27
est: 213.10 (-26.2%)
236.60
est: 244.88 (-3.4%)
266.36
est: 262.51 (+1.5%)
298.96
284.30 – 309.08
+13.9% YoY
305.18
292.49 – 320.57
+2.1% YoY
325.38
311.30 – 340.94
+6.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A+ 4/5 5/5 4/5 4/5 3/5 4/5 4/5
2026-05-11 A+ 4/5 5/5 4/5 4/5 3/5 4/5 4/5
2026-05-08 A 4/5 5/5 3/5 4/5 3/5 4/5 4/5
2026-05-07 A 4/5 4/5 3/5 4/5 3/5 4/5 4/5
2026-05-01 A 4/5 5/5 3/5 5/5 2/5 4/5 4/5
2026-04-30 A 4/5 5/5 3/5 5/5 2/5 4/5 4/5
2026-04-28 A 4/5 5/5 3/5 5/5 2/5 4/5 4/5
2026-04-27 A 4/5 5/5 3/5 5/5 2/5 4/5 4/5
2026-04-24 A 4/5 5/5 3/5 5/5 2/5 4/5 4/5
2026-04-23 A 4/5 5/5 3/5 5/5 2/5 4/5 4/5
2026-04-22 A 4/5 5/5 3/5 5/5 2/5 4/5 4/5
2026-04-21 A 4/5 5/5 3/5 5/5 2/5 4/5 4/5
2026-04-20 A 4/5 5/5 3/5 5/5 2/5 4/5 4/5
2026-04-17 A 4/5 5/5 3/5 5/5 2/5 4/5 4/5
2026-04-16 A 4/5 5/5 3/5 5/5 2/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-180.63M
OE per share TTM
-2.58
Owner's Yield
-0.08%
Maintenance CapEx ratio
15.01%
Maint CapEx / Avg PPE
26.7%

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 89 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 WisdomTree Japan SmallCap Dividend Fund DFJ 0.30% 1.17M 0.58%
2 iShares International Developed Small Cap Value Factor ETF ISVL 0.18% 563.3K 0.31%
3 WisdomTree Dynamic International SmallCap Equity ETF DDLS 0.11% 472.5K 0.48%
4 WisdomTree International SmallCap Dividend Fund DLS 0.11% 1.11M 0.58%
5 iShares MSCI Japan Small Cap UCITS ETF IDJP.L 0.09% 495.2K 0.58%
6 iShares MSCI Japan Small-Cap ETF SCJ 0.09% 218.7K 0.50%
7 WisdomTree Japan Equity UCITS ETF DXJ.L 0.08% 655.9K 0.48%
8 WisdomTree Japan Equity UCITS ETF - GBP Hedged DXJP.L 0.08% 877.3K 0.45%
9 WisdomTree Japan Equity UCITS ETF - EUR Hedged Acc DXJF.MI 0.08% 747.2K 0.45%
10 WisdomTree Japan Equity UCITS ETF - USD Hedged Acc DXJA.L 0.08% 655.9K 0.48%

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
5.73M
Shares Outstanding
62.61M

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
Kenji Ebihara President, Chief Executive Officer & Representative Director male
Masayuki Hotta Senior Executive Officer, GM of Quality Assurance Department & GM of Purchasing Department
Nobuyoshi Sakai Senior Executive Officer male
Nobuyuki Ohmura Senior Managing Executive Officer & Head of Overseas Business Company male
Rein Meijer Senior Executive Officer
Takeo Kiba Senior Executive Officer
Toshimichi Amano Executive Officer of General Affairs Department & Human Resources Manager male
Yosuke Mori General Manager Finance Department male
Yuji Iwatsuka MEO, President of Laminates & Building Materials Business Unit and Director male
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