Source disclosure: February 09, 2026
TAKI CHEMICAL CO.,LTD. [4025.T]
TOKYO — On February 9, 2026 (Reiwa 8), Taki Chemical Co., Ltd. announced updates to its business strategy aimed at enhancing long-term corporate value and achieving sustainable growth by considering capital costs and stock prices. The company's board of directors resolved on this new direction during their meeting held today.
The firm has been experiencing fluctuating performance over recent years. In fiscal year ending December 2023 (Reiwa 5), the company reported an operating income of ¥1.337 billion, which improved significantly to ¥3.161 billion in fiscal year 2024 (Reiwa 6). This trend continued positively into fiscal year 2025 (Reiwa 7) where the operating income reached ¥3.780 billion. Despite these improvements, the Price-to-Book Ratio (PBR) remained below 1.0 since September 2024, indicating that market perception does not fully reflect the company’s operational achievements.
In response to this situation, Taki Chemical is implementing several strategic measures. Firstly, under the group mission "Tradition and Innovation - A Company Chosen Even 100 Years from Now," they have established the "Long-Term Vision 2050" to clarify their desired state and goals while focusing on sustained growth and enhanced enterprise value from a long-term perspective. Additionally, the acquisition of Rokudō Kagaku Kogyo Co., Ltd. in January 2025, which increased their stake to 56.3%, is expected to contribute synergies across various segments including agri-business and chemical products.
Furthermore, Taki Chemical plans to revise upward the targets set in their five-year mid-term management plan starting from fiscal year 2024 (Reiwa 6). Originally aiming for consolidated sales of ¥400 billion and consolidated operating profit of ¥30 billion by fiscal year 2028, the revised projections now target ¥440 billion in sales and ¥35 billion in operating profit, alongside a return on equity (ROE) exceeding 7%. These adjustments reflect the positive outlook driven by capacity expansion initiatives such as increasing production capabilities for water treatment agents.
To further strengthen shareholder relations, Taki Chemical will enhance communication efforts and improve dividend payouts. For instance, the company raised its per-share dividend forecast from ¥60 to ¥75 for the fiscal year ending December 2025 (Reiwa 7) due to higher-than-expected earnings and proceeds from selling policy-held shares. They anticipate maintaining this upward trajectory, planning to increase dividends again to ¥80 per share for the next fiscal year. By adhering to a dividend payout ratio above 30% and pursuing progressive dividend policies, coupled with flexible repurchase programs based on market conditions, Taki aims to optimize its capital structure and maximize returns for shareholders.
Note: Financial figures from the earnings presentation have been removed pending correction. For accurate figures, refer to the company's earnings summary (kessan tanshin) filed separately on TDNet.
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