Specialty and Performance Chemicals

Daicel Corporation

Daicel Delays Startup of New COC Resin Plant to Q4 of 2027 Fiscal Year

4202

Daicel (TSE:4202) reported a one-off loss of ¥19.0 billion, resulting in a sharp decline in its FY 2026 earnings. The company recorded Q4 revenue of ¥154.8 billion and a basic EPS loss of ¥99.10, with a trailing net margin dropping to 1.8% from 8.4% the previous year. Despite a trailing P/E of 29x, higher than industry averages, profitability remains thin. The current share price of ¥1,157 is significantly below the DCF fair value of ¥4,885.17, raising concerns about the company's high debt and dividend coverage amid expected earnings growth of 33.3% over the next three years.

Simplywall

Daicel (TSE:4202) One Off ¥19.0b Loss Challenges Bullish Earnings Narratives

Daicel (TSE:4202) is gaining attention due to the anticipated growth in the polyoxymethylene market, driven by demand from automotive and electronics sectors. Currently trading at ¥1,275, Daicel's P/E ratio of 7.9x suggests it is undervalued compared to peers. However, recent returns have eased, raising questions about its value proposition. The SWS DCF model indicates a significant gap between current trading price and estimated future cash flow value of ¥4,780.72, suggesting potential mispricing. Investors are advised to weigh risks and rewards before making decisions.

A Look At Daicel (TSE:4202) Valuation As Polyoxymethylene Demand Outlook Improves

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Polyplastics Co., Ltd.'s DURACON(R) POM resin has been adopted in a new crawler track transport system by CuboRex Co., Ltd. This innovative system enhances efficiency at factory and construction sites, outperforming traditional caster-equipped carts. DURACON(R) POM's high load-bearing capacity and excellent friction properties make it ideal for heavy-duty material handling. The system reduces operational strain and improves maneuverability, promising significant potential in the Japanese market and beyond. It allows for cost-effective upgrades to existing equipment, enhancing safety and operational efficiency across various industries.

prnewswire

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SecuAvail, Inc.

01:00 ETPolyplastics' DURACON(R) POM Adopted for Ground-breaking Crawler Transport System

Daicel has postponed the start of operations at its new cyclic olefin copolymer (COC) resin plant in Germany from April 2026 to Q4 FY2027 due to slower demand growth and rising construction costs. The delay is attributed to the EU's Packaging Regulation, which has shifted the market's transition timeline to 2030, impacting near-term demand and profitability. Daicel is reassessing its business plan and forecasts a decline in COC resin sales for FY2026 before growth resumes in FY2027. The current analyst rating for Daicel stock is a Hold with a price target of Yen1620.00.

Tip Ranks

Daicel Delays New COC Resin Plant as EU Packaging Shift Slows Demand

Polyplastics Co., Ltd. has developed two new grades of DURAFIDE(R) polyphenylene sulfide (PPS) with mechanically recycled content. The new grades, DURAFIDE(R) rG-PPS 1140A1R00 and 1140A1R30, contain 100% and 30% recycled glass fiber-reinforced PPS, respectively. This initiative is part of Polyplastics' DURACIRCLE(R) program aimed at achieving 100% circularity for engineering plastics. The company plans to sell these materials globally and is exploring new applications and collection routes to enhance its recycling capabilities and reduce environmental impact.

21:12 ET
			
			
			
				
					Polyplastics desarrolla nuevos grados de PPS DURAFIDE(R) con contenido reciclado mecánicamente

Daicel Corporation(4202.JP)

Daicel (TSE:4202) One Off ¥19.0b Loss Challenges Bullish Earnings Narratives

A Look At Daicel (TSE:4202) Valuation As Polyoxymethylene Demand Outlook Improves

01:00 ETPolyplastics' DURACON(R) POM Adopted for Ground-breaking Crawler Transport System

Daicel Delays New COC Resin Plant as EU Packaging Shift Slows Demand

21:12 ET Polyplastics desarrolla nuevos grados de PPS DURAFIDE(R) con contenido reciclado mecánicamente