TAOKA CHEMICAL CO chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 2,205.15
Dividend & Yield36.00¥ (4.31%)
Beta 1.16
Market capitalization 12.02B
Operating cash flow N/A
ESG Scores unknown

Company description

Taoka Chemical Company, Limited manufactures and sells various chemicals in Japan and internationally. It provides raw material for resists; one-component epoxy-based adhesives for bonding various materials; cyanoacrylate-based instant adhesives; and materials for electronic components, as well as amide and ester imide, nylon, polyester, and polyimide varnishes. The company also manufactures paper processing resin/water-soluble polymer products; raw materials for pharmaceuticals and diagnostics; and rubber additives, such as resin cross-linking agents, tackifiers, and kneading type vulcanizing adhesives. In addition, it offers plasticizer for food packaging films, flooring materials, footwear, hoses, ink rubber gloves, food cans, etc.; methyl ester used as a base material for industrial detergents, shell molds, and fine chemical intermediates, including fragrances and chemicals; dye-related products used for textiles, paper, leather, and plastics. Further, the company develops and produces bisphenol derivatives; TBIS, an epoxy derivative; TBIS, an acid dianhydride; episulfide derivatives; and indole derivatives for various compounds for medical and agrochemical applications. Taoka Chemical Company, Limited was formerly known as Taoka Dystuffs Manufacturing Co., Ltd. and changed its name to Taoka Chemical Company, Limited in 1972. The company was founded in 1919 and is headquartered in Osaka, Japan. Taoka Chemical Company, Limited is a subsidiary of Sumitomo Chemical Company, Limited.

Sector: Basic Materials - Industry: Specialty Chemicals

Financial Ratios
Quick Ratio0.64
Working Capital0.36
Return On Equity0.12
Debt To Equity0.03
Fixed Asset Ratio0
Fixed Interest Cover1354.5

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 577M 369M 717M 748M
Total Cashflows From Investing Activities -1.3B -1.58B -2.09B -2.08B
Net Borrowings -1.17B -344M -299M 252M
Total Cash From Financing Activities -1.4B -694M -680M -273M
Change To Operating Activities 481M -413M 201M -621M
Issuance Of Stock
Net Income 1.82B 1.9B 2.62B 2.06B
Change In Cash 882M 564M 2.44B -3.61B
Effect Of Exchange Rate -1M -6M 2M 17M
Total Cash From Operating Activities 3.59B 2.85B 5.22B -1.33B
Depreciation 1.37B 1.45B 1.49B 1.47B
Change To Account Receivables 60M -101M -98M -681M
Other Cashflows From Financing Activities -2M -4M -5M -10M
Change To Netincome -677M -709M -624M -1.22B
Capital Expenditures -1.28B -1.49B -2.06B -2.04B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development 797M 714M 783M 907M
Income Before Tax 2.52B 2.69B 3.66B 2.77B
Net Income 1.82B 1.9B 2.62B 2.06B
Selling General Administrative 2.26B 2.27B 2.42B 2.71B
Gross Profit 5.61B 5.67B 7.22B 6.32B
Ebit 2.55B 2.69B 4.02B 2.71B
Operating Income 2.55B 2.69B 4.02B 2.71B
Interest Expense -6M -5M -3M -2M
Income Tax Expense 697M 797M 1.05B 705M
Total Revenue 24.46B 25.67B 32.06B 32.37B
Cost Of Revenue 18.85B 20B 24.84B 26.05B
Total Other Income ExpenseNet -34M 5M -354M 59M
Net Income From Continuing Ops 1.82B 1.9B 2.62B 2.06B
Net Income Applicable To Common Shares 1.82B 1.9B 2.62B 2.06B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 11.43B 11.5B 12.72B 15.67B
Total Stockholder Equity 11.41B 12.97B 15.24B 16.75B
Other Current Liabilities 2.26B 2.26B 2.8B 4.68B
Total Assets 22.84B 24.47B 27.96B 32.42B
Common Stock 1.57B 1.57B 1.57B 1.57B
Other Current Assets 209M 1.76B 468M 1.02B
Retained Earnings 8.8B 10.36B 12.6B 14.1B
Treasury Stock 30M 32M 57M 73M
Cash 1.32B 684M 830M 718M
Total Current Liabilities 7.86B 8.19B 9.5B 12.16B
Other Stockholder Equity 60M 66M 96M 112M
Property, Plant, and Equipment 9.23B 9.31B 10.1B 13.24B
Total Current Assets 12.38B 13.84B 16.42B 17.84B
Net Tangible Assets 11.38B 12.93B 15.2B 16.69B
Net Receivables 5.19B 5.29B 5.39B 6.07B
Accounts Payable 4.8B 5.17B 5.89B 6.64B


Insider Transactions

Here are the insider transactions of stock shares related to TAOKA CHEMICAL CO:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to TAOKA CHEMICAL CO. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TAOKA CHEMICAL CO

Here is the result of two systematic investment strategies applied to TAOKA CHEMICAL CO. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on TAOKA CHEMICAL CO

The following chart shows the equity curve of the two systematic investment strategies applied to TAOKA CHEMICAL CO:

TAOKA CHEMICAL CO automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 143.74% on the backtest period.

Performance at glance

Performance

143.74 %

Latent gain

83034.0 ¥

Invested capital

57766.0 ¥

Annualized return

34.22 %
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Momentum strategy results on TAOKA CHEMICAL CO

This is the result of two momentum investment strategies applied to TAOKA CHEMICAL CO. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on TAOKA CHEMICAL CO

The following chart shows all the entries opened by the momentum investment system on TAOKA CHEMICAL CO:

TAOKA CHEMICAL CO momentum entries
  • The first momentum investment strategy would give 850.2% of return on TAOKA CHEMICAL CO. That represents 62991.0¥ of latent gain with 7409.0¥ of employed capital.
  • The second momentum investment strategy would give 517.54% of return on TAOKA CHEMICAL CO. That represents 35400.0¥ of latent gain with 6840.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

850.2 %

Latent gain

62991.0 ¥

Invested capital

7409.0 ¥

Annualized return

19.85 %
Performance at glance (2Q Momentum)

Performance

517.54 %

Latent gain

35400.0 ¥

Invested capital

6840.0 ¥

Annualized return

139.12 %

Momentum equity curve on TAOKA CHEMICAL CO

The following chart shows the equity curve of the two momentum strategies applied to TAOKA CHEMICAL CO:

TAOKA CHEMICAL CO momentum equity

Note: the dividends potentially given by TAOKA CHEMICAL CO are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TAOKA CHEMICAL CO

The following chart shows the employed capital evolution of the two momentum strategies on TAOKA CHEMICAL CO since the beginning:

TAOKA CHEMICAL CO

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250¥, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000¥.


Buy the dip strategy result on TAOKA CHEMICAL CO

Buy the dip entry openings on TAOKA CHEMICAL CO

TAOKA CHEMICAL CO

The performance achieved by the robo-advisor on TAOKA CHEMICAL CO is 43.67%. That represents 4280.0$ of latent gain with 9800.0¥ of employed capital. The following chart shows TAOKA CHEMICAL CO stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TAOKA CHEMICAL CO, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

43.67 %

Latent gain

4280.0 ¥

Invested capital

9800.0 ¥

Annualized return

19.85 %

Equity curve of the strategy applied to TAOKA CHEMICAL CO

The following chart shows the result of the investment strategy applied to TAOKA CHEMICAL CO:

TAOKA CHEMICAL CO

Note: the dividends potentially given by TAOKA CHEMICAL CO are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TAOKA CHEMICAL CO

The following chart shows the employed capital evolution since the beginning of the investment strategy on TAOKA CHEMICAL CO:

TAOKA CHEMICAL CO

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on TAOKA CHEMICAL CO

In this section, I will compare the three previous investment strategies applied to TAOKA CHEMICAL CO.

Equity curve comparison on TAOKA CHEMICAL CO

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

TAOKA CHEMICAL CO investment strategy comparison

Employed capital comparison on TAOKA CHEMICAL CO

TAOKA CHEMICAL CO investment comparison

Performance comparison on TAOKA CHEMICAL CO

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 143.74% 83034.0¥ 57766.0¥ 34.22%
Momentum 1 quarter 850.2% 62991.0¥ 7409.0¥ 214.7%
Momentum 2 quarters 517.54% 35400.0¥ 6840.0¥ 139.12%
Non-directional 43.67% 4280.0¥ 9800.0¥ 19.85%
Annualized return comparison

Automatic investment

34.22 %

Momentum 1Q

139.12 %

Momentum 2Q

139.12 %

Non-directional

19.85 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TAOKA CHEMICAL CO:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between TAOKA CHEMICAL CO and the other stocks. There may be false positives or some missing correlated stocks. If the price of TAOKA CHEMICAL CO does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name TAOKA CHEMICAL CO
Country Japan
City Osaka
Address Picasso Mikuni Building
Phone 81 6 7639 7400
Website www.taoka-chem.co.jp
FullTime employees 444
Industry Specialty Chemicals
Sector Basic Materials
Exchange XTKS
Ticker 4113.XTKS
Market www.jpx.co.jp

TAOKA CHEMICAL CO ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown