Taiyo Holdings Co Ltd
TSE:4626

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Taiyo Holdings Co Ltd Logo
Taiyo Holdings Co Ltd
TSE:4626
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Price: 5 221 JPY -2.21%
Market Cap: ¥610B

Operating Margin

19.6%
Current
Improving
by 2.4%
vs 3-y average of 17.2%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
19.6%
=
Operating Income
¥24.8B
/
Revenue
¥126.9B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
19.6%
=
Operating Income
¥24.8B
/
Revenue
¥126.9B

Peer Comparison

Country Company Market Cap Operating
Margin
JP
Taiyo Holdings Co Ltd
TSE:4626
581B JPY
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US
Sherwin-Williams Co
NYSE:SHW
91.3B USD
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US
Ecolab Inc
NYSE:ECL
81.8B USD
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JP
Shin-Etsu Chemical Co Ltd
TSE:4063
9.7T JPY
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CN
Wanhua Chemical Group Co Ltd
SSE:600309
262B CNY
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CH
Givaudan SA
SIX:GIVN
28.3B CHF
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US
PPG Industries Inc
NYSE:PPG
28.2B USD
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DK
Novozymes A/S
CSE:NZYM B
165.6B DKK
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IN
Asian Paints Ltd
NSE:ASIANPAINT
2.3T INR
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CH
Sika AG
F:SIKA
19.9B EUR
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CH
DSM-Firmenich AG
AEX:DSFIR
18.3B EUR
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Market Distribution

Higher than 89% of companies in Japan
Percentile
89th
Based on 6 730 companies
89th percentile
19.6%
Low
-125 500% — 4.2%
Typical Range
4.2% — 10.6%
High
10.6% — 9 743.7%
Distribution Statistics
Japan
Min -125 500%
30th Percentile 4.2%
Median 7%
70th Percentile 10.6%
Max 9 743.7%

Taiyo Holdings Co Ltd
Glance View

Market Cap
610B JPY
Industry
Chemicals

Taiyo Holdings Co Ltd. started its journey in 1953, originally as a chemical manufacturing entity focused on specialty chemicals. Over the decades, the company ingeniously carved a niche within the electronics industry by providing essential materials for the fabrication of printed circuit boards (PCBs). At the heart of its success lies its solder resist products, a type of insulating material applied to the surfaces of PCBs. This ingenious pivot to the electronics sector not only displays Taiyo's adaptability but also underscores its keen understanding of global technological trends and demands. By aligning its offerings with the burgeoning growth of consumer electronics, Taiyo positioned itself strategically as a linchpin in the electronics supply chain. Taiyo Holdings extends beyond the basic supply of chemical products. Its revenue model is built upon the innovation and optimization of its product line to enhance circuit board functionality and performance. By investing robustly in research and development, the company continuously enhances its offerings with new insulation materials and environmentally friendly solutions, catering to the exacting standards of global electronics manufacturers. Moreover, Taiyo's expansion into sectors such as pharmaceuticals illustrates its ambition to diversify. Nonetheless, its legacy and primary stronghold remain deeply entrenched in the electronics industry, where it garners most of its revenues from clients worldwide, ranging from small-scale manufacturers to large multinational corporations that rely on its expertise to drive next-generation technological advancements.

Intrinsic Value
2 134.61 JPY
Overvaluation 59%
Intrinsic Value
Price
What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
19.6%
=
Operating Income
¥24.8B
/
Revenue
¥126.9B
What is Taiyo Holdings Co Ltd's current Operating Margin?

The current Operating Margin for Taiyo Holdings Co Ltd is 19.6%, which is above its 3-year median of 17.2%.

How has Operating Margin changed over time?

Over the last 3 years, Taiyo Holdings Co Ltd’s Operating Margin has increased from 17.6% to 19.6%. During this period, it reached a low of 14.3% on Dec 31, 2024 and a high of 19.6% on Sep 30, 2025.

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