Added to YB: 2026-09-16
Pitch date: 2026-09-14
4099.T [bullish]
Shikoku Kasei Holdings Corporation
Author Info
JII Compounders writes about Japanese compounders, IR, capital allocation, and the gap between how companies explain themselves and how investors actually hear them. Sign up for the newsletter.
Company Info
Shikoku Kasei Holdings Corporation engages in the research and development, manufacture, and sale of chemical products and housing materials in Japan and internationally.
Market Cap
JPY 186.1B
Pitch Price
N/A
Price Target
2.9K
Dividend
N/A
EV/EBITDA
8.64
P/E
16.35
EV/Sales
2.01
Sector
Chemicals
Category
growth
Smooth-Copper Adoption to More Than Double GliCAP Sales by FY29E
4099.T: Shikoku Kasei’s upside rests on broader low/no-etch adoption for GliCAP as faster networks and finer wiring favor smooth copper: estimates put sales at JPY6.63bn in FY29E versus JPY2.79bn in FY26E, driving group EBIT to JPY23.5bn and a JPY2,865 SOTP value, 33% upside. Key risks are competitor qualification wins and whether Marugame can support 2.38x output while new Fine Chemicals assets absorb rising depreciation.
Read full article (10 min)