ICHINEN HOLDINGS CO.,LTD.
9619・Prime Market・Services
Chemical Business
Specialized business responsible for the manufacture and sale of chemical products for automobiles, industrial, and machinery applications
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales (External Customers) | ¥11,384 million | ¥11,197 million | ↑ |
| Net Sales (Including Internal) | ¥12,082 million | ¥11,854 million | ↑ |
| Segment Profit | ¥1,061 million | ¥848 million | ↑ |
| Segment Assets | ¥11,892 million | ¥9,593 million | ↑ |
| Depreciation | ¥302 million | ¥335 million | ↓ |
| Increase in Tangible & Intangible Fixed Assets | ¥2,563 million | ¥555 million | ↑ |
| Goodwill Amortization | ¥217 million | ¥217 million | — |
| Goodwill Balance at Period-End | ¥0 million | ¥217 million | ↓ |
Business Details
Manufactures and sells a wide range of products including chemical products for auto repair shops and machine tool dealers, fuel additives and marine fuel additives related to industrial chemicals, and chemical products for general consumers. The segment focuses on strengthening product development capabilities, improving quality, and selling high-value-added products, guided by a commitment to a livable global environment and improving people's lives. It is also strengthening the development and sale of environment-friendly products with an eye toward a decarbonized society, such as the "Green JIP" brand and biomass additives for general-purpose resins.
Recent Overview
Net sales up 1.9%, segment profit up 25.2%, with profitability improving significantly
In FY2026 (ending March 2026), sales of chemical products for auto repair shops and machine tool dealers, as well as marine fuel additives, trended favorably, while sales of chemical products for general consumers declined. On the earnings front, in addition to increased sales, profit improvement measures such as agile price revisions in response to rising raw material prices proved effective, and segment profit increased 25.2% from ¥848 million to ¥1,061 million. Additionally, goodwill attributable to the Chemical Business (¥217 million) was fully amortized during the period, leaving a period-end balance of zero. Capital expenditures increased substantially from ¥555 million to ¥2,563 million.
Key Products
Growth Drivers
- Stable demand for chemical products for auto repair shops and machine tool dealers
- Profit improvement through agile price pass-through in response to rising raw material prices and logistics costs
- Favorable sales trend for marine fuel additives
- Strengthening the development and sale of environment-friendly products such as the "Green JIP" brand and biomass additives for general-purpose resins
- Development of sales engineers and concentrated sales in specific specialized industries and entry into new markets
- Expansion of sales destinations and sales volume both domestically and internationally
Risks
- Declining trend in sales of chemical products for general consumers
- Risk of profit pressure from continued increases in raw material prices and logistics costs
- Risk of earnings deterioration if price pass-through is delayed
- Relatively small sales scale at approximately 7% of consolidated total, resulting in limited presence within the group
Last updated: June 16, 2026