Vizora日本語

KanekaKANEKA CORPORATION4118東証プライム化学FY ending Mar 2026, consolidated, J-GAAP

Kaneka revenue and profit

Out of every ¥100 of sales, about ¥4 is left as operating profit. Revenue changed +0.5% from the prior year, operating profit -17.9%.

Five-year trend

Revenue¥811.6B
FY ending Mar 2022: ¥691.5B¥691.5BFY ending Mar 2023: ¥755.8B¥755.8BFY ending Mar 2024: ¥762.3B¥762.3BFY ending Mar 2025: ¥807.2B¥807.2BFY ending Mar 2026: ¥811.6B¥811.6BFY22FY23FY24FY25FY26
Operating income¥32.9B
FY ending Mar 2022: ¥43.6B¥43.6BFY ending Mar 2023: ¥35.1B¥35.1BFY ending Mar 2024: ¥32.6B¥32.6BFY ending Mar 2025: ¥40B¥40BFY ending Mar 2026: ¥32.9B¥32.9BFY22FY23FY24FY25FY26
Operating margin4.1%
FY ending Mar 2022: 6.3%6.3%FY ending Mar 2023: 4.6%4.6%FY ending Mar 2024: 4.3%4.3%FY ending Mar 2025: 5.0%5.0%FY ending Mar 2026: 4.1%4.1%FY22FY23FY24FY25FY26

What drives ROE

Net margin × asset turnover = ROA; ROA × financial leverage = ROE

Net margin3.8%
Asset turnover0.86×
ROA3.3%
ROA3.3%
Financial leverage2.31×
ROE7.6%

Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.

Net margin3.8%
2022: 3.8%3.8%2023: 3.0%3.0%2024: 3.0%3.0%2025: 3.1%3.1%2026: 3.8%3.8%2223242526
Asset turnover0.86×
2022: 0.95×0.95×2023: 1.00×1.00×2024: 0.92×0.92×2025: 0.90×0.90×2026: 0.86×0.86×2223242526
ROA3.3%
2022: 3.6%3.6%2023: 3.0%3.0%2024: 2.8%2.8%2025: 2.8%2.8%2026: 3.3%3.3%2223242526
Financial leverage2.31×
2022: 2.01×2.01×2023: 2.04×2.04×2024: 2.16×2.16×2025: 2.27×2.27×2026: 2.31×2.31×2223242526
ROE7.6%
2022: 7.3%7.3%2023: 6.2%6.2%2024: 6.1%6.1%2025: 6.4%6.4%2026: 7.6%7.6%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20223.8%0.95×3.6%2.01×7.3%
20233.0%1.00×3.0%2.04×6.2%
20243.0%0.92×2.8%2.16×6.1%
20253.1%0.90×2.8%2.27×6.4%
20263.8%0.86×3.3%2.31×7.6%

Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.

Asset intensity and goodwill

Annual trends in tangible-asset ratios and goodwill balance.

PPE ÷ revenue43.8%
2021: 46.6%46.6%2022: 39.2%39.2%2023: 38.7%38.7%2024: 43.5%43.5%2025: 42.2%42.2%2026: 43.8%43.8%212223242526
PPE ÷ total assets37.1%
2021: 40.3%40.3%2022: 37.3%37.3%2023: 37.4%37.4%2024: 38.1%38.1%2025: 37.0%37.0%2026: 37.1%37.1%212223242526
Goodwill ÷ parent equity0.5%
2021: 0.9%0.9%2022: 0.7%0.7%2023: 0.6%0.6%2024: 0.5%0.5%2025: 0.7%0.7%2026: 0.5%0.5%212223242526
Goodwill balance¥2.21B
2021: ¥2.95B¥2.95B2022: ¥2.56B¥2.56B2023: ¥2.2B¥2.2B2024: ¥1.86B¥1.86B2025: ¥2.67B¥2.67B2026: ¥2.21B¥2.21B212223242526

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Investment and working-capital efficiency

Track R&D investment and how long operating capital remains tied up before sales turn into cash.

R&D spending¥39.9B
2021: ¥27.8B¥27.8B2022: ¥30.9B¥30.9B2023: ¥32.7B¥32.7B2024: ¥35.4B¥35.4B2025: ¥39.3B¥39.3B2026: ¥39.9B¥39.9B212223242526
R&D / revenue4.9%
2021: 4.8%4.8%2022: 4.5%4.5%2023: 4.3%4.3%2024: 4.6%4.6%2025: 4.9%4.9%2026: 4.9%4.9%212223242526
Receivable days—
2021: 86d86d212223242526
Payable days50d
2021: 67d67d2022: 68d68d2023: 58d58d2024: 68d68d2025: 55d55d2026: 50d50d212223242526

R&D is shown only for years with machine-readable disclosure. Days are estimates using year-end receivables, inventory and payables divided by annual revenue or cost of sales; financial companies are excluded.

Income statement (JPY millions)

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue691,530755,821762,302807,200811,638
Cost of revenue494,880556,895558,087581,555586,088
Gross profit196,649198,926204,214225,644225,550
SG&A153,086163,838171,635185,594192,655
Operating income43,56235,08732,57940,05032,894
Pretax income36,40532,37336,80836,77044,760
Income tax8,6768,29812,0339,96512,179
Net income attributable to owners26,48723,00823,22025,30930,977
Operating margin6.3%4.6%4.3%5.0%4.1%

Balance sheet (reported items)

Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.

Assets

5%
Property, plant and equipment 37%
4%
5%
Other assets 49%

Funding

Trade payables 9%
Interest-bearing debt 22%
Other liabilities 15%
Equity 54%

Each bar totals 100% of assets; other is the residual.

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥40.7B¥40.7B¥43.3B¥44.6B¥48.9B
Total assets¥727B¥782.6B¥870.2B¥920.1B¥959.2B
Net assets¥412.2B¥436.4B¥474.4B¥492.4B¥521.7B
Share capital¥33B¥33B¥33B¥33B¥33B
Property, plant and equipment¥271.3B¥292.6B¥331.3B¥340.4B¥355.8B
Intangible assets excluding goodwill¥15B¥16.2B¥20.8B¥33.2B¥33.2B
Goodwill¥2.56B¥2.2B¥1.86B¥2.67B¥2.21B
Investment securities¥58.6B¥57.4B¥70.2B¥61.2B¥52.1B
Current assets¥362.9B¥397B¥428.9B¥444.5B¥465.7B
Current liabilities¥234.5B¥258.2B¥291.7B¥294.9B¥304.1B
Trade payables¥92.1B¥88.7B¥104.2B¥86.9B¥81B
Short-term borrowings¥90B¥116.5B¥116.5B¥132.5B¥139.5B
Long-term borrowings¥28.6B¥33.7B¥40.4B¥58B¥59B
Bonds¥10B¥10B¥15B¥15B¥15B
Interest-bearing debt¥128.6Bderived¥160.2Bderived¥171.9Bderived¥205.5Bderived¥213.6Bderived
Total liabilities¥314.8B¥346.2B¥395.8B¥427.7B¥437.5B
Non-controlling interests¥24.4B¥18.4B¥20.3B¥20.5B¥22.2B
Equity attributable to owners of parent¥362.4B¥377.1B¥387.4B¥401.1B¥411B
Retained earnings¥309.5B¥323.2B¥331.9B¥349.9B¥359.3B
Treasury stock-¥11.5B-¥11.4B-¥6.8B-¥11.7B-¥11.4B

Sources

Show source documents (6)

  • EDINET (FSA Japan)

    有価証券報告書－第102期(2025/04/01－2026/03/31)

    ID S100YIFD2026-06-24Open

  • EDINET (FSA Japan)

    有価証券報告書－第101期(2024/04/01－2025/03/31)

    ID S100W4R92025-06-26Open

  • EDINET (FSA Japan)

    有価証券報告書－第100期(2023/04/01－2024/03/31)

    ID S100TV9M2024-06-27Open

  • EDINET (FSA Japan)

    有価証券報告書－第99期(2022/04/01－2023/03/31)

    ID S100R8UA2023-06-29Open

  • EDINET (FSA Japan)

    有価証券報告書－第98期(令和3年4月1日－令和4年3月31日)

    ID S100OK442022-06-29Open

  • EDINET (FSA Japan)

    有価証券報告書－第97期(令和2年4月1日－令和3年3月31日)

    ID S100LKT62021-06-25Open

Extracted from XBRL: 56 / Derived from other figures: 2

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