TOKYO PRINTING INK MFG Co (TSE:4635) Debt-to-Equity: 0.20 (As of Mar. 2026) — 33% Below Median

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TSE:4635 TOKYO PRINTING INK MFG Co Ltd TSE:4635
66 GF Score
Price 円1,370.00
GF Value 円791.53
Valuation Significantly Overvalued
! 1 Warning Sign
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What is TOKYO PRINTING INK MFG Co Debt-to-Equity?

TOKYO PRINTING INK MFG Co TSE:4635 +0.22% 66 Debt-to-Equity is 0.20 as of Mar. 2026, which is 33% below its 10-year median of 0.30. GuruFocus rates TSE:4635 with a GF Score™ of 66/100 and a GF Value™ of 円791.53 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,420 Chemicals companies, TOKYO PRINTING INK MFG Co ranks better than 64.51% on this metric.

TOKYO PRINTING INK MFG Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円2,916 Mil. TOKYO PRINTING INK MFG Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円3,299 Mil. TOKYO PRINTING INK MFG Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円31,717 Mil. TOKYO PRINTING INK MFG Co's debt to equity for the quarter that ended in Mar. 2026 was 0.20.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for TOKYO PRINTING INK MFG Co's Debt-to-Equity or its related term are showing as below:

TSE:4635' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2   Med: 0.3   Max: 0.36
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of TOKYO PRINTING INK MFG Co was 0.36. The lowest was 0.20. And the median was 0.30.

TSE:4635's Debt-to-Equity is ranked better than
64.51% of 1420 companies
in the Chemicals industry
Industry Median: 0.36 vs TSE:4635: 0.20

TOKYO PRINTING INK MFG Co  (TSE:4635) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


TOKYO PRINTING INK MFG Co Debt-to-Equity Related Terms


TOKYO PRINTING INK MFG Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for TOKYO PRINTING INK MFG Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TOKYO PRINTING INK MFG Co Debt-to-Equity Chart

TOKYO PRINTING INK MFG Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.28 0.26 0.23 0.20

TOKYO PRINTING INK MFG Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.26 0.23 0.23 0.20

TSE:4635 vs LIN, SHW, ECL: Debt-to-Equity Comparison

For the Specialty Chemicals subindustry, TOKYO PRINTING INK MFG Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TOKYO PRINTING INK MFG Co Debt-to-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOKYO PRINTING INK MFG Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where TOKYO PRINTING INK MFG Co's Debt-to-Equity falls into.


TSE:4635
66GF Score
TOKYO PRINTING INK MFG Co Ltd TSE:4635
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOKYO PRINTING INK MFG Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TOKYO PRINTING INK MFG Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

TOKYO PRINTING INK MFG Co's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.20 mean?
TOKYO PRINTING INK MFG Co (TSE:4635) has a Debt-to-Equity of 0.20 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on TOKYO PRINTING INK MFG Co and its competitors. This is 33% below median its historical median of 0.30. Over the past decade, TOKYO PRINTING INK MFG Co's Debt-to-Equity has ranged from 0.20 to 0.36. According to the industry distribution chart, TOKYO PRINTING INK MFG Co ranks #504 out of 1420 companies in the Chemicals industry, placing it in the top 35.5%.
Is TOKYO PRINTING INK MFG Co's Debt-to-Equity too high?
TOKYO PRINTING INK MFG Co's current Debt-to-Equity of 0.20 is 33% below median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.36. The Chemicals industry median Debt-to-Equity is 0.36. TOKYO PRINTING INK MFG Co's value of 0.20 is 44.4% below this industry median. Based on the distribution chart, TOKYO PRINTING INK MFG Co ranks #504 out of 1420 companies in the Chemicals industry, which is above the industry midpoint. Overall, TOKYO PRINTING INK MFG Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOKYO PRINTING INK MFG Co's Debt-to-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, TOKYO PRINTING INK MFG Co ranks #504 out of 1420 companies for Debt-to-Equity. This puts TOKYO PRINTING INK MFG Co in the upper half of its industry. The industry median Debt-to-Equity is 0.36. TOKYO PRINTING INK MFG Co's value of 0.20 is 44.4% below this benchmark. Historically, TOKYO PRINTING INK MFG Co's own Debt-to-Equity has ranged from 0.20 to 0.36 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.36, TOKYO PRINTING INK MFG Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.36, based on 1,420 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TOKYO PRINTING INK MFG Co's current Debt-to-Equity of 0.20 is 44.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on TOKYO PRINTING INK MFG Co and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOKYO PRINTING INK MFG Co's current Debt-to-Equity is 0.20, which is 33% below median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOKYO PRINTING INK MFG Co stock overvalued right now?
Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co (TSE:4635) is currently considered Significantly Overvalued. The stock's GF Value™ is 円791.53, compared to a current price of 円1,370.00 — trading 73.1% above its estimated fair value. The current Debt-to-Equity is 0.20, which is 33% below median its 10-year median of 0.30 and 44.4% below the Chemicals industry median of 0.36. TOKYO PRINTING INK MFG Co's overall GF Score™ is 66/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For TOKYO PRINTING INK MFG Co (TSE:4635), the current Debt-to-Equity is 0.20 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TOKYO PRINTING INK MFG Co (TSE:4635) Overvalued in 2026?

Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co stock appears to be overvalued. The current stock price of 円1,370.00 is trading 73.1% above its estimated GF Value™ of 円791.53. GuruFocus considers TOKYO PRINTING INK MFG Co to be Significantly Overvalued.

Key valuation signals for TSE:4635:

  • Debt-to-Equity: 0.20 (33% below median its 10-year median of 0.30)
  • GF Value™: 円791.53 vs. price of 円1,370.00 (73.1% above fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 44.4% below the Chemicals median (#504 of 1420)

No single metric tells the full story. See the TSE:4635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOKYO PRINTING INK MFG Co Business Description

Address 1-12-4 Oji, Kita-ku, Tokyo, JPN
TOKYO PRINTING INK MFG Co Ltd is the speciality chemicals manufacturing company. The core business segments of the company comprise of the followings - Ink business, Chemical Products, and Processed Products business. Ink business offers offset printing, gravure ink, inkjet ink, high performance, and high-quality printer ink. Chemical Products includes colorant for plastics, functional additives for plastics, and other functional products. The Processed Products business supply packaging materials, civil engineering materials and agricultural materials for various industrial applications.
66GF Score

Get the complete analysis for TSE:4635

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,370.00
Price
円791.53
GF Value