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← CockpitCompetitor Analysis › 4521.T Kaken Pharmaceutical Co., Ltd.Open in the cockpit ↗

Kaken Pharmaceutical Co., Ltd.4521.TCompetitor analysis, valuation and peers

Japan · JPY·Health Care›Pharmaceuticals: Major
Momentum neutral 46
Mkt cap
$854M
US dollars, full cap
Free float
66%
of shares outstanding
$/day
$3.06M
20-day average traded
Fwd P/E
24.5×
forward earnings
ROIC−WACC
+2.0 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
3 days
9 Nov 2026
Close · JPY¥3,740
1D-3.9%
1W-1.6%
1M-0.8%
3M-2.1%
6M-8.3%
YTD-6.8%
1Y+0.9%
ATR %1.8%
52w lowhigh15.9% off high

What Kaken Pharmaceutical does

Employees: 1,114

Kaken Pharmaceutical at a glance

Size Kaken Pharmaceutical (4521.T) is a Japan Health Care company (Pharmaceuticals: Major) with a market value of $854M, the 812th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,740 on 6 Nov 2026.

Performance Over six months the shares fell 8.3%, against -11.9% for the median peer and +1.8% for the Japan market (cap-weighted) — 9th highest of 20 in its peer set.

Growth Revenue fell 6.9% over the last twelve months (peer median +2.4%); the operating margin is 11.3% (peer median 3.6%).

Valuation It trades at 24.5× forward earnings against a peer median of 19.1× (4th cheapest of 7).

Capital Return on invested capital runs 2.0 points above its cost of capital (5.0% WACC).

Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 20264521.T 92Peer median 87
Six months, rebased to 100: Kaken Pharmaceutical against the median of its 20 peers (local-currency closes).

Kaken Pharmaceutical financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥88.2B¥76.9B¥94.0B¥72.0B¥73.0B
Revenue growth—-18%+31%-1%—
Gross profit¥51.1B¥39.2B¥58.3B¥38.2B¥39.3B
EBITDA¥13.7B¥2.43B¥23.6B¥12.3B¥10.6B
Net income¥10.3B¥2.14B¥13.9B¥8.03B¥5.44B
Free cash flown/a-¥14.1B¥25.6B¥716M¥7.27B
Capital expendituren/a¥5.72B¥4.66B¥2.17B¥2.21B
Total debt¥4.26B¥3.94B¥3.96B¥3.85B¥3.85B

Quarterly statements and history in the cockpit →

Kaken Pharmaceutical competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%+20%-20%0%+20%60782186PHARM069620AKTS0004112171002349CRVSAARTIPHARM603229688621002907002390ALMS0061200020824521.T6-month return →1-month return →
Up and to the right = strong over both horizons. Kaken Pharmaceutical is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%20×40×60782186PHARM069620SANOFICONR6886214521.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Kaken Pharmaceutical is the large dot.

Kaken Pharmaceutical competitors and peer comparison

How Kaken Pharmaceutical compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Kaken Pharmaceutical against its 20 peers (data as of 6 Nov 2026)
Measure4521.TPeer medianRank in peer set
1-month return-0.8%-9.5%5th highest of 21
6-month return-8.3%-11.9%9th highest of 20
Distance from 52-week high-15.9%-33.9%3rd highest of 21
Revenue growth (TTM)-6.9%+2.4%5th lowest of 19
Operating margin11.3%3.6%7th highest of 19
Forward P/E24.5×19.1×4th cheapest of 7
ROIC minus cost of capital+2.0 pp-2.1 pp6th highest of 17
EV / EBITDA5.9×17.8×2nd cheapest of 8
Net debt / EBITDA-3.9×1.8×least indebted of 8

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Kaken Pharmaceutical 4521.TJapan$854M-8%-7%11%24.5×n/an/a
Hygeia Healthcare 6078.HKHong Kong$861M-7%+2%14%11.0×4.8%+22.5%
Luye Pharma 2186.HKHong Kong$839M-36%+3%18%8.1×-10.5%+1.9%
Latigo Biotherapeutics LTGOUnited States$835Mn/an/an/an/an/an/a
Pharming PHARM.ASNetherlands$874M-2%+2%9%41.4×2.5%+12.4%
Daewoong Pharm 069620.KSSouth Korea$874M-30%+9%12%5.8×n/an/a
Sanofi Consumer Healthcare India SANOFICONR.NSIndia$835M-28%+23%36%27.2×17.1%+22.7%
Aktis Oncology AKTSUnited States$880M-15%+337%-1,150%n/an/an/a
Zhejiang Int'l 000411.SZChina$828M-8%+3%3%n/an/an/a
CARsgen Therapeutics 2171.HKHong Kong$825M-54%+68%-170%n/an/an/a
Jinghua Pharmaceutical 002349.SZChina$825M-8%+2%20%n/a-1.8%+2.6%
Corvus Pharmaceuticals CRVSUnited States$887M-32%n/an/an/an/an/a
Aarti Pharmalabs AARTIPHARM.NSIndia$892M+19%+13%18%n/an/an/a
Zhejiang Ausun Pharmaceutical 603229.SSChina$893M-27%+1%0%n/an/an/a
Beijing Sun-Novo Pharmaceutical Research 688621.SSChina$894M-8%-1%-2%30.6×n/an/a
Chongqing Pharscin Pharmaceutical 002907.SZChina$808M-7%+8%10%n/a10.7%-1.4%
Guizhou Xinbang Pharmaceutical 002390.SZChina$805M-10%-13%4%n/a-3.0%-0.8%
Alumis ALMSUnited States$805M-27%-63%-5,480%n/an/an/a
Guizhou Bailing Group Pharmaceutical 002424.SZChina$907M-12%-25%2%n/a16.2%-0.2%
SK Discovery 006120.KSSouth Korea$804M+11%+20%3%n/an/an/a
Wanbangde Pharmaceutical 002082.SZChina$909M-65%-11%-3%n/a-1.2%-39.5%

Questions

Which companies are Kaken Pharmaceutical's closest peers?
The cockpit's peer set: Hygeia Healthcare (6078.HK), Luye Pharma (2186.HK), Latigo Biotherapeutics (LTGO), Pharming (PHARM.AS), Daewoong Pharm (069620.KS), Sanofi Consumer Healthcare India (SANOFICONR.NS), Aktis Oncology (AKTS), Zhejiang Int'l (000411.SZ).
Is Kaken Pharmaceutical expensive compared with its peers?
On forward p/e it trades at 24.5× against a peer median of 19.1×, 4th cheapest of 7 in its peer set.
How has Kaken Pharmaceutical stock performed?
Over six months to 6 Nov 2026 the shares returned -8.3% against -11.9% for the median peer; over one year +0.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.