NOF Corporation (4403.T)
Tokyo, JP
NOF Corporation is a chemical manufacturing company based in Tokyo, Japan, with operations extending across Asia and globally. The firm structures its business into three primary divisions. Its Functional Chemicals segment produces a diverse range of industrial materials, including various fatty acid and oxide derivatives, specialized polymers and films, electronic components, and corrosion prevention solutions. The Life Science division focuses on products like MPC compounds, ingredients for drug delivery systems, nutritional oils, and health-promoting foods. Lastly, the Explosive & Propulsion division manufactures items such as industrial and defense explosives, rocket fuels, safety devices for vehicles, and metal goods. Additionally, NOF holds interests in logistics, insurance, and property management. The company was established in 1937.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +3.12% | -10.34% | -9.28% | -6.41% | +4.48% | -3.17% | +27.83% | +37.68% | +53.70% | +369.56% | +1,525.90% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
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.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 2 | 0 |
| Buy | 3 | 0 |
| Hold | 0 | -1 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Chemicals - Specialty: +4.7%+8.3% ★ Q1'26: +25.8% (vs Q1'25)
-
EPS growth Chemicals - Specialty: +13.2%+14.6% ★ Q1'26: +73.7% (vs Q1'25)
-
FCF margin FCF growth · Chemicals - Specialty: +44.1%+6.6% Q1'26: +0.0% (vs Q1'25)
-
EBIT margin Chemicals - Specialty: +8.8%+18.4% ★ Q1'26: +18.4% (vs Q1'25)
-
ROIC Chemicals - Specialty: +5.6%+15.8% ★ Q1'26: +20.8% (vs Q1'25)
-
Share dilution Chemicals - Specialty: +0.1%-3.1% ★ Q1'26: -2.7% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Chemicals - Specialty: 0.18×0.07× ★ Q1'26: 0.05× (vs Q1'25)
* 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.
| 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 4 Rev. Ana. 5 EPS Ana. |
Mar 2027 4 Rev. Ana. 5 EPS Ana. |
Mar 2028 5 Rev. Ana. 5 EPS Ana. |
Mar 2029 1 Rev. Ana. 1 EPS Ana. |
Mar 2030 1 Rev. Ana. 1 EPS Ana. |
Mar 2031 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
167.70B
est: 164.00B (+2.3%)
|
170.46B
est: 170.00B (+0.3%)
|
174.06B
est: 171.50B (+1.5%)
|
179.94B
est: 180.50B (-0.3%)
|
189.15B
est: 189.75B (-0.3%)
|
180.92B
est: 182.75B (-1.0%)
|
172.65B
est: 170.55B (+1.2%)
|
192.64B
est: 190.00B (+1.4%)
|
217.71B
est: 218.42B (-0.3%)
|
222.25B
est: 228.11B (-2.6%)
|
238.31B
est: 243.80B (-2.3%)
|
260.00B
257.50B – 262.50B
+6.6% YoY
|
298.25B
277.44B – 315.18B
+14.7% YoY
|
323.25B
314.20B – 334.81B
+8.4% YoY
|
309.00B
294.20B – 323.14B
-4.4% YoY
|
295.50B
281.35B – 309.03B
-4.4% YoY
|
311.00B
296.11B – 325.24B
+5.2% YoY
|
| EBITDA |
21.81B
est: 37.46B (-41.8%)
|
24.37B
est: 38.83B (-37.2%)
|
29.11B
est: 39.17B (-25.7%)
|
30.73B
est: 41.22B (-25.4%)
|
33.49B
est: 43.34B (-22.7%)
|
32.18B
est: 41.74B (-22.9%)
|
32.16B
est: 38.95B (-17.4%)
|
41.51B
est: 43.39B (-4.4%)
|
46.98B
est: 49.89B (-5.8%)
|
49.08B
est: 59.69B (-17.8%)
|
53.27B
est: 63.80B (-16.5%)
|
68.04B
67.38B – 68.69B
+6.6% YoY
|
78.05B
72.60B – 82.48B
+14.7% YoY
|
84.59B
82.22B – 87.61B
+8.4% YoY
|
80.86B
76.99B – 84.56B
-4.4% YoY
|
77.33B
73.62B – 80.87B
-4.4% YoY
|
81.38B
77.49B – 85.11B
+5.2% YoY
|
| EBIT |
17.09B
est: 32.32B (-47.1%)
|
19.37B
est: 33.50B (-42.2%)
|
24.34B
est: 33.79B (-28.0%)
|
25.82B
est: 35.57B (-27.4%)
|
28.44B
est: 37.39B (-23.9%)
|
26.87B
est: 36.01B (-25.4%)
|
26.60B
est: 33.61B (-20.8%)
|
35.60B
est: 37.44B (-4.9%)
|
40.63B
est: 43.04B (-5.6%)
|
42.14B
est: 51.76B (-18.6%)
|
45.31B
est: 55.33B (-18.1%)
|
59.00B
58.43B – 59.57B
+6.6% YoY
|
67.68B
62.96B – 71.52B
+14.7% YoY
|
73.36B
71.30B – 75.98B
+8.4% YoY
|
70.12B
66.76B – 73.33B
-4.4% YoY
|
67.06B
63.85B – 70.13B
-4.4% YoY
|
70.58B
67.20B – 73.81B
+5.2% YoY
|
| Net Income |
11.70B
est: 8.62B (+35.8%)
|
13.59B
est: 9.04B (+50.2%)
|
17.59B
est: 12.32B (+42.8%)
|
19.91B
est: 16.93B (+17.6%)
|
22.03B
est: 19.19B (+14.8%)
|
21.14B
est: 19.98B (+5.8%)
|
23.30B
est: 19.59B (+19.0%)
|
26.69B
est: 25.19B (+5.9%)
|
33.97B
est: 32.39B (+4.9%)
|
33.99B
est: 36.02B (-5.6%)
|
36.50B
est: 34.06B (+7.2%)
|
38.45B
37.54B – 40.01B
+12.9% YoY
|
41.30B
40.83B – 46.57B
+7.4% YoY
|
46.58B
44.96B – 51.56B
+12.8% YoY
|
49.81B
46.77B – 52.84B
+6.9% YoY
|
49.60B
46.51B – 52.55B
-0.4% YoY
|
53.85B
50.50B – 57.06B
+8.6% YoY
|
| SGA |
24.55B
est: 24.24B (+1.3%)
|
25.47B
est: 25.13B (+1.4%)
|
25.91B
est: 25.35B (+2.2%)
|
26.23B
est: 26.68B (-1.7%)
|
27.01B
est: 28.05B (-3.7%)
|
26.55B
est: 27.01B (-1.7%)
|
25.91B
est: 25.21B (+2.8%)
|
28.15B
est: 28.08B (+0.2%)
|
29.62B
est: 32.28B (-8.2%)
|
31.02B
est: 32.37B (-4.2%)
|
32.81B
est: 34.60B (-5.1%)
|
36.89B
36.54B – 37.25B
+6.6% YoY
|
42.32B
39.37B – 44.72B
+14.7% YoY
|
45.87B
44.59B – 47.51B
+8.4% YoY
|
43.85B
41.75B – 45.85B
-4.4% YoY
|
41.93B
39.92B – 43.85B
-4.4% YoY
|
44.13B
42.02B – 46.15B
+5.2% YoY
|
| EPS |
43.16
est: 36.33 (+18.8%)
|
50.94
est: 38.13 (+33.6%)
|
67.42
est: 51.93 (+29.8%)
|
76.99
est: 71.40 (+7.8%)
|
86.43
est: 80.90 (+6.8%)
|
83.91
est: 84.23 (-0.4%)
|
93.50
est: 82.59 (+13.2%)
|
107.92
est: 106.22 (+1.6%)
|
139.01
est: 136.57 (+1.8%)
|
141.17
est: 150.10 (-6.0%)
|
153.88
est: 157.31 (-2.2%)
|
168.50
163.23 – 174.01
+7.1% YoY
|
188.54
177.56 – 202.51
+11.9% YoY
|
213.93
195.52 – 224.22
+13.5% YoY
|
216.90
203.40 – 229.81
+1.4% YoY
|
215.70
202.27 – 228.54
-0.6% YoY
|
234.20
219.62 – 248.14
+8.6% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-11 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-08 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-07 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-01 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-30 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-28 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-27 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-24 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-23 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-22 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-21 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-20 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-17 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-16 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-15 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares MSCI Japan Small Cap UCITS ETF IDJP.L | 0.24% | 1.38M | 0.58% |
| 2 | iShares MSCI Japan Small-Cap ETF SCJ | 0.24% | 612.1K | 0.50% |
| 3 | Fidelity Japan Equity Research Enhanced UCITS ETF ACC-JPY FJPR.L | 0.13% | 427.0K | 0.25% |
| 4 | Avantis International Small Cap Equity ETF AVDS | 0.12% | 386.4K | 0.30% |
| 5 | Xtrackers FTSE Developed ex US Multifactor ETF DEEF | 0.10% | 54.8K | 0.24% |
| 6 | Schwab Fundamental International Small Company Index ETF FNDC | 0.09% | 2.76M | 0.39% |
| 7 | iShares Currency Hedged MSCI EAFE Small-Cap ETF HSCZ | 0.09% | 205.7K | 0.83% |
| 8 | iShares MSCI EAFE Small-Cap ETF SCZ | 0.09% | 12.39M | 0.40% |
| 9 | Invesco JPX-Nikkei 400 UCITS ETF N4US.L | 0.08% | 165.2K | 0.19% |
| 10 | Invesco JPX-Nikkei 400 UCITS ETF N400.L | 0.08% | 164.9K | 0.19% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Akihisa Maeda | Operating Officer and GM of HR & General Affairs Dept. | — | — |
| Eui-Chul Kang | Executive Operating Officer & GM of Corporate R&D Div. | — | — |
| Junko Hamamoto | General Manager of Corporate Communications Dept. | — | — |
| Kazuyoshi Yamauchi | Managing Executive Officer, GM of Technology Hq., CSQO & Director | — | male |
| Koji Sawamura | President, Chief Executive Officer & Representative Director | — | — |
| Manabu Saito | CCO, Executive Operating Officer & Director | — | male |
| Naoya Umehara | Chief Financial Officer & Executive Operating Officer | — | male |
| Takeo Miyaji | Executive Officer & Chairman | — | male |
| Tsuneharu Miyazaki | Managing Executive Officer & GM of DDS Division | — | — |
| Tsuyoshi Izumisawa | Accounting Department Manager, Operating Officer & GM of Finance Department | — | — |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for 4403.T
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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