Overview
Chemicals

Nippon Fine Chemical Co.,Ltd.

Nippon Fine Chemical manufactures and sells specialty chemicals across four core segments: Beauty Care (cosmetic ingredients for skincare, makeup, and haircare), Healthcare (pharmaceutical raw materials including phospholipids and safety testing services), Fine Chemicals (high-purity organic synthesis materials including functional coating agents and fatty acid amides), and Hygiene (sanitary and hygiene products). The company leverages proprietary organic synthesis technology and natural lipid processing expertise, including lanolin and cholesterol derived from wool fat, to serve cosmetics, pharmaceutical, and industrial markets. Key competitive strengths include its phospholipid business, advanced micro-flow synthesis capabilities, and a vertically integrated group structure spanning raw material procurement, manufacturing, and distribution.

Market Cap
¥59.3B
US$377M
EV
¥34.9B
US$222M
Stock¥2,734▼-0.26%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
4.9
x
LTM EV/EBIT
6.1
x
LTM PER
12.7
x
LTM PBR
1.2
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-15.7%pt
1001
Oct 23, 25 – Oct 23, 26StockTOPIX
1Nov 14, 25Nippon Active Value Fund PLC (NAVF) changed stake (3.94%→2.72%)
MC → EV Bridge
59.3BUS$377MMarket Cap0.02BUS$0.14M+ Debt10.5BUS$67.1M− Cash14.9BUS$94.8M− Inv. Sec.1.03BUS$6.59M+ NCI34.9BUS$222MEV
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Performance & Balance
Revenue 5Y (¥B)
33.4US$213M'22/336.8US$235M'23/333.5US$214M'24/335.7US$227M'25/333.8US$215M'26/3
EBITDA 5Y (¥B)
5.95US$37.9M'22/36.01US$38.3M'23/35.63US$35.9M'24/36.27US$39.9M'25/36.90US$44.0M'26/3
Net Income 5Y (¥B)
3.47US$22.1M'22/34.08US$26.0M'23/33.33US$21.2M'24/33.87US$24.6M'25/34.43US$28.2M'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
24.1US$153M'22/321.0US$133M'23/324.7US$157M0.03US$0.18M'24/323.2US$148M1.10US$7.00M'25/327.1US$172M0.02US$0.14M'26/3
Shareholders
Top 10 hold 54.2%
1
TAIYO KOKO Co.,Ltd.
17.68%
2
Nippon Fine Chemical Co.,Ltd. Stock Ownership Association
9.77%
3
The Master Trust Bank of Japan, Ltd. (Trust Account)
6.88%
4
NOF CORPORATION
4.79%
5
NORTHERN TRUST CO.(AVFC)RE IEDP AIF CLIENTS NON TREATY ACCOUNT (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
3.91%
6
Nippon Fine Chemical Co.,Ltd. Employee Stock Ownership Association
2.74%
7
Sojitz Corporation
2.49%
8
Custody Bank of Japan, Ltd. (Trust Account)
2.37%
9
ONO PHARMACEUTICAL CO.,LTD.
1.82%
10
Matsumoto Kosho Co., Ltd.
1.74%
Management
9 officers
Hiroshi YANO
Representative Director, President and Executive Officer
Apr 1989 Joined the Company Sep 2006 General Manager, Planning Office Jun 2010 Executive Officer Apr 2011 General Manager, Management Planning Office Jun 2015 Director; General Manager, Precision Chemicals Division Apr 2017 General Manager, Lipid Business Division Jun 2020 Representative Director, Executive Officer, President (current) Oct 2021 General Manager, Lipid Division
1964-06-29
Masanobu KAWABAYASHI
Director, Managing Executive Officer; Group Production Supervisor; in charge of Plant Engineering Department
Apr 1974 Joined the Company Mar 2005 Plant Manager, Takasago Plant Jun 2008 Executive Officer Oct 2008 General Manager, Production Technology Division Jun 2010 Director (current) Jun 2015 Managing Executive Officer (current) Jun 2017 Group Production Supervisor (current) Apr 2024 In charge of Plant Engineering Department (current)
1955-09-05
Yukihiro OHASHI
Director, Managing Executive Officer; Group R&D Supervisor; General Manager, R&D Division
Sep 2000 Joined the Company Sep 2005 Head, Cosmetics Laboratory Jun 2006 General Manager, Cosmetics R&D Department Jun 2008 Executive Officer Apr 2009 Deputy General Manager, R&D Division Apr 2011 General Manager, Cosmetics Business Division Jun 2011 Director (current) May 2013 Director, Research Institute Jun 2021 Senior Executive Officer Apr 2023 General Manager, R&D Division (current) Jun 2024 Managing Executive Officer (current); Group R&D Supervisor (current)
1960-07-26
Susumu OTA
Director
Apr 1975 Joined Toray Industries, Inc. Jun 2006 Director, Toray Industries (Malaysia) Sdn. Bhd.; President, Penfibre Sdn. Bhd. Jun 2013 President, Kansai TEK Co., Ltd. (now Toray Engineering West Japan Co., Ltd.) Jan 2015 President, Toray Engineering Co., Ltd. Jun 2019 Advisor, Toray Engineering Co., Ltd. Jun 2021 Director of the Company (current) Jun 2021 Outside Audit & Supervisory Board Member, YMC Co., Ltd. (current)
1952-10-13
Eriko MATSUWAKA
Director
Oct 2000 Joined Chuo Aoyama Audit Corporation Apr 2004 Registered as Certified Public Accountant Nov 2005 Joined Nippon Yusen Kabushiki Kaisha Jan 2017 Founded Stand by C Woman Inc.; Representative Director, President (current) Mar 2020 Outside Director (Audit and Supervisory Committee Member), Dynapac Co., Ltd. (current) Jun 2024 Director of the Company (current)
1978-07-25
Kiyoshi HORIE
Standing Audit & Supervisory Board Member
Apr 1979 Joined the Company Jan 2000 Head, Household Products Laboratory Mar 2000 Plant Manager, Kobe Plant Sep 2001 Head, Industrial Chemicals Laboratory Apr 2004 General Manager, Industrial Chemicals Business Division Jun 2004 Executive Officer Sep 2005 Head, Development Laboratory Jun 2006 Deputy General Manager, Production Technology Division; General Manager, Materials Technology Department Jun 2008 General Manager, Production Technology Division; Plant Manager, Kakogawa East Plant Apr 2009 Deputy General Manager, Production Technology Division; Plant Manager, Kakogawa East Plant Jun 2011 Standing Audit & Supervisory Board Member (current)
1952-08-07
Masanori MITSUKI
Standing Audit & Supervisory Board Member
Apr 1982 Joined the Company Jun 2007 General Manager, Environment, Safety and Quality Assurance Department Jun 2017 Standing Audit & Supervisory Board Member (current)
1958-01-20
Tetsuo MASUDA
Audit & Supervisory Board Member
Apr 1970 Registered with Osaka Bar Association Apr 1992 Vice President, Osaka Bar Association Apr 2004 Managing Director, Japan Federation of Bar Associations Apr 2005 President, Osaka Bar Association; Vice President, Japan Federation of Bar Associations Jan 2007 Representative Partner, Nakanoshima Central Law Office (current) Apr 2007 Chairman, Kinki Federation of Bar Associations; Director, Japan Federation of Bar Associations Jun 2008 Outside Director, Ezaki Glico Co., Ltd. Jun 2017 Audit & Supervisory Board Member of the Company (current) Jun 2018 Outside Audit & Supervisory Board Member, Yanmar Holdings Co., Ltd.
1945-10-29
Kazufumi SUZUKI
Audit & Supervisory Board Member
Apr 1998 Joined Nissho Iwai Corporation (now Sojitz Corporation) Oct 2013 Joined Taiyo Koko Co., Ltd.; General Manager, Development Department Jun 2014 Director; General Manager, Development Department Jun 2015 Managing Director; General Manager, Sales Department, Tokyo Branch Manager and General Manager, Development Department Jun 2017 Director and Executive Vice President Jun 2018 Representative Director, President (current) Mar 2019 Outside Director, Nichirin Co., Ltd. (current) Jun 2021 Audit & Supervisory Board Member of the Company (current)
1976-02-11
Large Shareholding Reports
NIPPON ACTIVE VALUE FUND PLC
2025-11-14
3.94%→2.72%
NIPPON ACTIVE VALUE FUND PLC
2025-04-21
3.94%
NIPPON ACTIVE VALUE FUND PLC
2025-01-10
3.52%→3.94%
NIPPON ACTIVE VALUE FUND PLC
2023-11-07
3.52%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-29
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-17
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINETAmended
2026-03-18
Amended Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2026-01-28
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Large Shareholding Report
EDINET
2025-11-12
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-30
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-25
Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-04-21
Large Shareholding Report
TDnet
2025-01-29
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2025-01-10
Large Shareholding Report
EDINET
2024-11-12
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-30
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-11-07
Large Shareholding Report
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-26
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-24
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-06-24
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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