Nippon Chemical Industrial Co.,Ltd.
4092・Prime Market・Chemicals
Chemical Products Business
Basic chemicals segment manufacturing and selling Chromium, Silica, and Phosphorus Products
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales | ¥17,916 million (FY2026 (ending March 2026)) | ¥18,285 million (FY2025 (ended March 2025)) | ↓ |
| Segment Profit | ¥1,281 million (FY2026 (ending March 2026)) | ¥1,542 million (FY2025 (ended March 2025)) | ↓ |
| Segment Assets | ¥26,030 million (FY2026 (ending March 2026)) | ¥23,117 million (FY2025 (ended March 2025)) | ↑ |
| Depreciation and Amortization | ¥952 million (FY2026 (ending March 2026)) | ¥999 million (FY2025 (ended March 2025)) | ↓ |
| Capital Expenditures (Increase in Property, Plant and Equipment and Intangible Assets) | ¥1,734 million (FY2026 (ending March 2026), post-correction) | ¥1,185 million (FY2025 (ended March 2025)) | ↑ |
Business Details
Manufactures and sells Chromium Products (the only chromium compound manufacturer in Japan), Silica Products (sodium silicate, etc.), and Phosphorus Products (phosphoric acid, phosphates, phosphoric anhydride, etc.). Supplies a wide range of industries including plating, refractory bricks, pigments, food additives, pharmaceutical raw materials, metal surface treatment, and electrical materials applications. The basic strategy leverages the strength of domestic production to enhance product value through improved technology and quality, while securing stable profits. Sales are conducted globally through the Company and overseas subsidiaries (JCI USA INC., Jiexi'ai (Shanghai) Trading Co., Ltd., JCI (THAILAND) CO., LTD., and Taiwan Japan Chemical Industrial Co., Ltd.).」
Recent Overview
In FY2026 (ending March 2026), both net sales and profit declined year on year, while capital expenditures increased
In the Chemical Products Business for FY2026 (ending March 2026), net sales were ¥17,916 million (down ¥369 million year on year) and segment profit was ¥1,281 million (down ¥261 million year on year), representing a decline in both sales and profit. Meanwhile, segment assets expanded to ¥26,030 million (up ¥2,913 million year on year), and capital expenditures (post-correction) increased substantially to ¥1,734 million from ¥1,185 million in the prior period. Note that, pursuant to the correction dated June 12, 2026, the capital expenditure figure for the Chemical Products Business was revised from ¥1,740 million to ¥1,734 million (with no change to the total amount of ¥4,387 million).
Key Products
Growth Drivers
- Steady demand for Chromium Products for plating applications and continued exports to Southeast Asia
- Competitive advantage as Japan's only chromium compound manufacturer, supported by stable domestic demand
- Strengthened sales structure in Asia through the establishment of a Taiwan subsidiary (Taiwan Japan Chemical Industrial Co., Ltd.) in June 2024
- Enhanced product value and stable profit generation through improved technology and quality, leveraging the strength of domestic production
- Expansion of Phosphorus Products into new demand areas such as electrical materials applications
Risks
- Risk of continued sluggish demand for Phosphorus Products (weak trend persisting)
- Risk of customers holding back purchases of Silica Products at the time of price revisions due to rising raw material and fuel prices
- Cost increases due to persistently high raw material and fuel prices, and time lag in passing costs through to selling prices
- Impact on the supply chain from unstable global conditions and geopolitical changes
- Risk associated with business transfer following the dissolution and liquidation of Toho Pigment Co., Ltd.
Last updated: June 25, 2026