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DIC Corporation (4631.T)

JPY4,650.00 +70.00 (+1.53%)
JP JPX Basic Materials Chemicals - Specialty
Address DIC Building 103-8233
Tokyo, JP
CEO Takashi Ikeda
IPO 2001-01-01
ISIN JP3493400000

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Description

DIC Corporation operates as a global producer and distributor of printing inks, organic pigments, and advanced polyphenylene sulfide (PPS) compounds. Its extensive operations are organized into three principal segments: Packaging & Graphic, Color & Display, and Functional Products. The Packaging & Graphic division supplies a broad array of printing consumables, encompassing diverse inks such as gravure, flexo, offset, news, security, jet, and metal decoration inks, alongside specialized packaging adhesives, coextruded multilayer films, polystyrene, and various other packaging-centric solutions. Within the Color & Display segment, the company provides an extensive selection of colorants, including organic pigments, specialized pigments for color filters and cosmetics, effect pigments, natural colorants, and health food ingredients, in addition to display materials like liquid crystal compounds. The Functional Products segment delivers high-performance materials featuring a diverse array of resins (e.g., coating, UV-curable, waterborne, acrylic, polyurethane, epoxy, phenolic, polyester/alkyd, unsaturated polyester), fluorochemicals, modifiers, alkylphenols, metal carboxylates, sulfur-based chemicals, and specialized textile and leather coloring agents. This segment further encompasses composite materials such as PPS and other functional compounds, masterbatches for fibers and films, industrial adhesive and magnetic tapes, hollow fiber membrane modules, construction materials, decorative papers, sheets, and films, as well as plastic pallets. Offerings also extend to DLP 3D printing materials and blue-green algal polysaccharides. DIC Corporation's varied product portfolio caters to numerous sectors, including electronics, automotive, packaging, healthcare, color and display technologies, home equipment/infrastructure, and the broader functional material industry. Established in Tokyo, Japan, in 1908, the company was formerly known as Dainippon Ink and Chemicals, Incorporated, and rebranded as DIC Corporation in April 2008.

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
JPY4,650.00 +70.00 (+1.53%)
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Volume Profile
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Liquidity & share structure
Average Volume
577.0K
Beta
0.62
Float Shares
67.78M
Free Float %
71.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+6.41% +22.58% +19.24% +4.03% +15.90% +23.09% +65.76% +78.43% +54.28% +73.85% +31.41%
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
4,650.00
DCF (Unlevered) 28,138.17 +505.1%
DCF (Levered) 34,992.54 +652.5%

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 1 0
Buy 1 0
Hold 0 -1
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.76
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
4 / 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
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Chemicals - Specialty: +4.7%
    -1.8% Q1'26: +7.8% (vs Q1'25)
  • EPS growth Chemicals - Specialty: +13.2%
    +51.8% Q1'26: +214.7% (vs Q1'25)
  • FCF margin FCF growth · Chemicals - Specialty: +44.1%
    +3.1% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Chemicals - Specialty: +8.8%
    +5.0% Q1'26: +8.7% (vs Q1'25)
  • ROIC Chemicals - Specialty: +5.6%
    +3.8% Q1'26: +8.8% (vs Q1'25)
  • Share dilution Chemicals - Specialty: +0.1%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Chemicals - Specialty: 0.18×
    4.28× Q1'26: 2.97× (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 (0.56) × ERP
WACC = 48% × Ke + 52% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 26,711.15 Current price: 4,650.00
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 Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
3 Rev. Ana.
3 EPS Ana.
Dec 2027
3 Rev. Ana.
2 EPS Ana.
Dec 2028
2 Rev. Ana.
2 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Dec 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
820.00B
est: 825.80B (-0.7%)
751.44B
est: 751.80B (0.0%)
789.43B
est: 790.48B (-0.1%)
805.50B
est: 810.43B (-0.6%)
768.57B
est: 783.15B (-1.9%)
701.22B
est: 697.40B (+0.5%)
855.38B
est: 848.80B (+0.8%)
1.05T
est: 1.08T (-2.6%)
1.04T
est: 1.06T (-2.2%)
1.07T
est: 1.08T (-1.2%)
1.05T
est: 1.06T (-0.4%)
1.12T
1.07T – 1.17T
+5.6% YoY
1.16T
1.09T – 1.25T
+4.1% YoY
1.19T
1.13T – 1.27T
+2.4% YoY
1.29T
1.22T – 1.37T
+8.5% YoY
1.31T
1.24T – 1.40T
+1.6% YoY
EBITDA
84.43B
est: 63.43B (+33.1%)
87.00B
est: 57.75B (+50.7%)
88.35B
est: 60.72B (+45.5%)
81.37B
est: 62.25B (+30.7%)
74.01B
est: 60.16B (+23.0%)
72.39B
est: 53.57B (+35.1%)
80.94B
est: 65.20B (+24.1%)
88.48B
est: 83.18B (+6.4%)
71.04B
est: 119.92B (-40.8%)
98.45B
est: 122.39B (-19.6%)
107.16B
est: 119.27B (-10.2%)
125.93B
120.68B – 132.64B
+5.6% YoY
131.12B
122.60B – 141.25B
+4.1% YoY
134.25B
127.06B – 143.04B
+2.4% YoY
145.62B
137.82B – 155.16B
+8.5% YoY
147.88B
139.96B – 157.57B
+1.6% YoY
EBIT
51.07B
est: 23.97B (+113.0%)
54.18B
est: 21.83B (+148.2%)
56.48B
est: 22.95B (+146.1%)
48.39B
est: 23.53B (+105.6%)
40.78B
est: 22.74B (+79.4%)
39.66B
est: 20.25B (+95.9%)
42.89B
est: 24.64B (+74.1%)
39.68B
est: 31.44B (+26.2%)
17.94B
est: 54.18B (-66.9%)
44.52B
est: 55.29B (-19.5%)
52.19B
est: 53.88B (-3.1%)
56.89B
54.52B – 59.92B
+5.6% YoY
59.24B
55.39B – 63.81B
+4.1% YoY
60.65B
57.40B – 64.62B
+2.4% YoY
65.79B
62.26B – 70.10B
+8.5% YoY
66.81B
63.23B – 71.18B
+1.6% YoY
Net Income
37.39B
est: 33.54B (+11.5%)
34.77B
est: 31.91B (+9.0%)
38.60B
est: 39.91B (-3.3%)
32.03B
est: 34.61B (-7.5%)
23.50B
est: 22.41B (+4.9%)
13.23B
est: 15.54B (-14.8%)
4.37B
est: 22.60B (-80.7%)
17.61B
est: 21.90B (-19.6%)
-39.86B
est: -34.44B (-15.7%)
21.31B
est: 16.39B (+30.0%)
32.35B
est: 32.35B (+0.0%)
35.70B
29.00B – 43.00B
+10.3% YoY
53.70B
49.24B – 58.16B
+50.4% YoY
37.85B
34.00B – 41.70B
-29.5% YoY
44.00B
40.94B – 47.75B
+16.2% YoY
46.30B
43.08B – 50.24B
+5.2% YoY
SGA
121.66B
est: 107.84B (+12.8%)
114.16B
est: 98.17B (+16.3%)
114.71B
est: 103.22B (+11.1%)
114.34B
est: 105.83B (+8.0%)
112.08B
est: 102.27B (+9.6%)
105.10B
est: 91.07B (+15.4%)
120.92B
est: 110.84B (+9.1%)
144.40B
est: 141.41B (+2.1%)
151.24B
est: 154.34B (-2.0%)
161.36B
est: 157.51B (+2.4%)
159.81B
est: 153.51B (+4.1%)
162.07B
155.32B – 170.71B
+5.6% YoY
168.76B
157.79B – 181.79B
+4.1% YoY
172.78B
163.52B – 184.10B
+2.4% YoY
187.42B
177.38B – 199.69B
+8.5% YoY
190.32B
180.13B – 202.79B
+1.6% YoY
EPS
389.40
est: 354.26 (+9.9%)
366.72
est: 337.03 (+8.8%)
407.56
est: 421.55 (-3.3%)
338.39
est: 365.58 (-7.4%)
248.29
est: 236.65 (+4.9%)
139.81
est: 164.10 (-14.8%)
46.11
est: 238.75 (-80.7%)
186.05
est: 230.67 (-19.3%)
-421.05
est: -363.78 (-15.7%)
225.11
est: 171.82 (+31.0%)
341.71
est: 328.46 (+4.0%)
377.06
306.29 – 454.20
+14.8% YoY
567.17
520.11 – 614.22
+50.4% YoY
399.75
359.10 – 440.40
-29.5% YoY
464.70
432.35 – 504.28
+16.2% YoY
489.00
454.96 – 530.65
+5.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-15 A- 4/5 5/5 4/5 4/5 1/5 3/5 4/5
2026-05-14 A- 4/5 5/5 4/5 4/5 1/5 3/5 4/5
2026-05-13 A- 4/5 5/5 4/5 4/5 1/5 3/5 4/5
2026-05-12 A- 4/5 5/5 4/5 4/5 1/5 3/5 4/5
2026-05-11 A- 4/5 5/5 4/5 4/5 1/5 3/5 4/5
2026-05-08 A- 4/5 5/5 4/5 4/5 1/5 3/5 4/5
2026-05-07 A- 4/5 5/5 4/5 4/5 1/5 3/5 4/5
2026-05-01 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-30 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-28 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-27 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-24 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-23 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-22 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-21 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-20 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-17 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-16 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-253.35M
OE per share TTM
-2.68
Owner's Yield
-0.06%
Maintenance CapEx ratio
19.69%
Maint CapEx / Avg PPE
33.2%

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 106 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Avantis International Small Cap Value ETF AVDV 0.35% 66.29M 0.36%
2 Dimensional - International Small Cap Value ETF DISV 0.27% 12.87M 0.42%
3 WisdomTree Japan SmallCap Dividend Fund DFJ 0.21% 815.0K 0.58%
4 Avantis Global Small Cap Value UCITS ETF AVGS.L 0.17% 1.80M 0.39%
5 iShares MSCI Japan Small Cap UCITS ETF IDJP.L 0.16% 924.3K 0.58%
6 iShares MSCI Japan Small-Cap ETF SCJ 0.16% 416.6K 0.50%
7 FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund TLTD 0.13% 836.0K 0.41%
8 Avantis International Small Cap Equity ETF AVDS 0.09% 292.4K 0.30%
9 WisdomTree Dynamic International SmallCap Equity ETF DDLS 0.08% 359.0K 0.48%
10 WisdomTree International SmallCap Dividend Fund DLS 0.08% 851.5K 0.58%

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
2.46M
Shares Outstanding
94.69M

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
Takashi Ikeda President, Group CEO & Representative Director 108M male
Kiyofumi Takano Managing Executive Officer & GM of New Business Development Headquarters male
Koji Asada Managing Executive Officer & Head of IT Strategy Unit male
Masamichi Sota MEO, President of Packaging & Graphic Business Group & GM of Printing Material Business Div. male
Masaya Nakafuji Senior MEO, Head of General Affairs & Legal Division and Director male
Matthew Goldberg Executive Officer & Group CHRO
Myron Petruch Managing Executive Officer & President of Color and Display Business Group male
Shuji Furuta Executive Vice President, Assistant to President & Chief Executive Officer and Representative Director male
Takeshi Asai Sr. Managing EO, Group CFO, Head of Finance & Acc Unit and Director male
Toshiro Ariga Managing Executive Officer, GM of Technical Management Unit & Group CTO
Keisuke Miyake General Manager of Corporate Communications Department
Yoshinari Akiyama Managing Exec officer, VP of Color & GM of Display Buss Grp and Color Material BussDiv 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