Harima Chemicals Group (TSE:4410) Net Margin %: 2.88% (As of Mar. 2026) — 26% Above Median

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TSE:4410 Harima Chemicals Group Inc TSE:4410
70 GF Score
Price 円1,034.00
GF Value 円953.12
Valuation Fairly Valued
! 8 Warning Signs
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What is Harima Chemicals Group Net Margin %?

Harima Chemicals Group TSE:4410 +2.78% 70 Net Margin % is 2.88% as of Mar. 2026, which is 26% above its 10-year median of 2.28. GuruFocus rates TSE:4410 with a GF Score™ of 70/100 and a GF Value™ of 円953.12 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,579 Chemicals companies, Harima Chemicals Group ranks worse than 61.11% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Harima Chemicals Group's Net Income for the six months ended in Mar. 2026 was 円1,511 Mil. Harima Chemicals Group's Revenue for the six months ended in Mar. 2026 was 円52,515 Mil. Therefore, Harima Chemicals Group's net margin for the quarter that ended in Mar. 2026 was 2.88%.

The historical rank and industry rank for Harima Chemicals Group's Net Margin % or its related term are showing as below:

TSE:4410' s Net Margin % Range Over the Past 10 Years
Min: -1.26   Med: 2.28   Max: 5.26
Current: 2.26


TSE:4410's Net Margin % is ranked worse than
61.11% of 1579 companies
in the Chemicals industry
Industry Median: 3.92 vs TSE:4410: 2.26

Harima Chemicals Group  (TSE:4410) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Harima Chemicals Group Net Margin % Related Terms


Harima Chemicals Group Net Margin % Historical Data

* Premium members only.

The historical data trend for Harima Chemicals Group's Net Margin % 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.

Harima Chemicals Group Net Margin % Chart

Harima Chemicals Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.29 0.94 -1.26 0.76 2.26

Harima Chemicals Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net Margin % 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 -1.60 1.21 0.32 1.63 2.88

TSE:4410 vs LIN, SHW, ECL: Net Margin % Comparison

For the Specialty Chemicals subindustry, Harima Chemicals Group's Net Margin %, along with its competitors' market caps and Net Margin % 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.


Harima Chemicals Group Net Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Harima Chemicals Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Harima Chemicals Group's Net Margin % falls into.


TSE:4410
70GF Score
Harima Chemicals Group Inc TSE:4410
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harima Chemicals Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Harima Chemicals Group's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=2345/103763
=2.26 %

Harima Chemicals Group's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1511/52515
=2.88 %

* 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 Net Margin % →
What does a Net Margin % of 2.88% mean?
Harima Chemicals Group (TSE:4410) has a Net Margin % of 2.88% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Harima Chemicals Group and its competitors. This is 26% above median its historical median of 2.28. According to the industry distribution chart, Harima Chemicals Group ranks #965 out of 1579 companies in the Chemicals industry, placing it in the top 61.1%.
Is Harima Chemicals Group's Net Margin % too high?
Harima Chemicals Group's current Net Margin % of 2.88% is 26% above median its 10-year median of 2.28. The Chemicals industry median Net Margin % is 3.92. Harima Chemicals Group's value of 2.88% is 26.5% below this industry median. Based on the distribution chart, Harima Chemicals Group ranks #965 out of 1579 companies in the Chemicals industry, which is below the industry midpoint. Overall, Harima Chemicals Group has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harima Chemicals Group's Net Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Harima Chemicals Group ranks #965 out of 1579 companies for Net Margin %. This places Harima Chemicals Group in the lower half of its industry. The industry median Net Margin % is 3.92. Harima Chemicals Group's value of 2.88% is 26.5% below this benchmark. While the company's 10-year median is 2.28 vs. the industry median of 3.92, Harima Chemicals Group 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 Net Margin % for a Chemicals company?
The median Net Margin % among Chemicals companies is 3.92, based on 1,579 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harima Chemicals Group's current Net Margin % of 2.88% is 26.5% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Harima Chemicals Group and its competitors. For the Chemicals industry, the median Net Margin % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harima Chemicals Group's current Net Margin % is 2.88%, which is 26% above median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harima Chemicals Group stock overvalued right now?
Based on GuruFocus' analysis, Harima Chemicals Group (TSE:4410) is currently considered Fairly Valued. The stock's GF Value™ is 円953.12, compared to a current price of 円1,034.00 — trading 8.5% above its estimated fair value. The current Net Margin % is 2.88%, which is 26% above median its 10-year median of 2.28 and 26.5% below the Chemicals industry median of 3.92. Harima Chemicals Group's overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Harima Chemicals Group (TSE:4410), the current Net Margin % is 2.88% 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 Harima Chemicals Group (TSE:4410) Overvalued in 2026?

Based on GuruFocus' analysis, Harima Chemicals Group stock appears to be overvalued. The current stock price of 円1,034.00 is trading 8.5% above its estimated GF Value™ of 円953.12. GuruFocus considers Harima Chemicals Group to be Fairly Valued.

Key valuation signals for TSE:4410:

  • Net Margin %: 2.88% (26% above median its 10-year median of 2.28)
  • GF Value™: 円953.12 vs. price of 円1,034.00 (8.5% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 26.5% below the Chemicals median (#965 of 1579)

No single metric tells the full story. See the TSE:4410 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harima Chemicals Group Business Description

Address 3 - chome Nihonbashi 3 - chome Chuo - ku, Tokyo, JPN, 103-0027
Harima Chemicals Group Inc is a Japan-based chemical manufacturer. The company is mainly engaged in chemical products business, papermaking chemical business, and electronic materials business. Products offered by the company include resins for printing ink, paint, resin for adhesive and adhesive, emulsifier for synthetic rubber, sizing agent, paper strength enhancer, and coating agent. Electronic materials business develops, manufacture and sell conductive paste, brazing material for aluminum and printed wiring board related materials. Harima has a world-wide network with presence in Europe, Asia, Oceania, North America, and South America.
70GF Score

Get the complete analysis for TSE:4410

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,034.00
Price
円953.12
GF Value