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← CockpitCompetitor Analysis › 4554.T Fuji Pharma Co., Ltd.Open in the cockpit ↗

Fuji Pharma Co., Ltd.4554.TCompetitor analysis, valuation and peers

Japan · JPY·Health Care›Pharmaceuticals: Major
Momentum weak 37
Mkt cap
$294M
US dollars, full cap
Free float
54%
of shares outstanding
$/day
$1.64M
20-day average traded
Fwd P/E
18.6×
forward earnings
ROIC−WACC
+1.8 pp
WACC 5.0%
Hurdle
-16 pp
Req g minus delivered
Next earnings
4 days
10 Nov 2026
Close · JPY¥1,778
1D-6.1%
1W-2.9%
1M+1.0%
3M-3.7%
6M-18.9%
YTD-5.8%
1Y+10.7%
ATR %3.2%
52w lowhigh30.5% off high

What Fuji Pharma does

Employees: 1,760

Fuji Pharma at a glance

Size Fuji Pharma (4554.T) is a Japan Health Care company (Pharmaceuticals: Major) with a market value of $294M, the 1368th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,778 on 6 Nov 2026.

Performance Over six months the shares fell 18.9%, against -25.9% for the median peer and +1.8% for the Japan market (cap-weighted) — 5th highest of 20 in its peer set.

Growth Revenue grew 20.4% over the last twelve months (peer median +1.7%); the operating margin is 11.7% (peer median 4.9%).

Valuation It trades at 18.6× forward earnings against a peer median of 18.2× (3rd cheapest of 5).

Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -16 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.8 points above its cost of capital (5.0% WACC).

Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 20264554.T 83Peer median 75
Six months, rebased to 100: Fuji Pharma against the median of its 20 peers (local-currency closes).

Fuji Pharma financials

Reported figures in JPY; fiscal year ends 2025-09-30. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥60.1B¥51.7B¥46.1B¥40.9B¥35.4B
Revenue growth—+12%+13%+15%—
Gross profit¥23.7B¥19.3B¥16.5B¥15.4B¥13.6B
EBITDA¥11.1B¥8.96B¥7.56B¥6.88B¥6.52B
Net income¥2.99B¥3.00B¥6.15B¥3.44B¥2.70B
Free cash flown/a¥3.82B¥1.37B-¥1.41B-¥5.75B
Capital expendituren/a¥4.33B¥7.08B¥5.14B¥12.7B
Total debt¥28.9B¥30.9B¥29.3B¥28.9B¥24.6B

Quarterly statements and history in the cockpit →

Fuji Pharma 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

-50%0%+50%+100%+150%-30%-20%-10%0%019170300254FYBEBS000705OCGN368A603079300583005250EIKNINDSWFTLABSOLARA3013316006714554.T6-month return →1-month return →
Up and to the right = strong over both horizons. Fuji Pharma is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%15×20×EBSSECARE368ASOLARA4554.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Fuji Pharma is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%+60%0%25%50%019170300254EBSSECARE368A603079300583005250605199SOLARA3013316006714554.TGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Fuji Pharma is the large dot.

Fuji Pharma competitors and peer comparison

How Fuji Pharma 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.

Fuji Pharma against its 20 peers (data as of 6 Nov 2026)
Measure4554.TPeer medianRank in peer set
1-month return+1.0%-11.0%highest of 20
6-month return-18.9%-25.9%5th highest of 20
Distance from 52-week high-30.5%-47.4%5th highest of 20
Revenue growth (TTM)+20.4%+1.7%3rd highest of 19
Operating margin11.7%4.9%2nd highest of 20
Forward P/E18.6×18.2×3rd cheapest of 5
Growth the price implies (Req g, 7 yrs)-6.8%7.9%2nd least demanding of 13
Growth delivered (Del g)+8.9%+1.4%2nd highest of 13
Hurdle (Req g minus delivered)-15.7 pp+8.7 pp3rd least demanding of 13
ROIC minus cost of capital+1.8 pp-5.7 pp3rd highest of 19
EV / EBITDA5.9×17.7×3rd cheapest of 9
Net debt / EBITDA1.7×0.4×5th least indebted of 9

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
Fuji Pharma 4554.TJapan$294M-19%+20%12%18.6×-6.8%+8.9%
Shinpoong Pharmaceutical 019170.KSSouth Korea$300M-32%+6%1%n/a39.9%+3.5%
Shanxi C&Y Pharmaceutical 300254.SZChina$308M-44%-6%9%n/a10.1%+0.6%
Formycon FYB.DEGermany$280M-26%+18%-26%n/an/an/a
Emergent BioSolutions EBSUnited States$312M-27%-18%5%16.1×-0.1%-13.7%
Zhejiang Zhenyuan Share 000705.SZChina$312M-25%-33%-5%n/an/an/a
Ocugen OCGNUnited States$314M-39%-11%-1,444%n/an/an/a
Swedencare SECARE.STSweden$315M-23%+3%7%23.4×5.5%+62.1%
Kitazato 368A.TJapan$317M-9%+9%52%12.0×-16.7%+5.4%
Zhejiang Shengda Bio-Pharm 603079.SSChina$318M-29%-3%7%n/a5.7%-0.3%
Shandong Sito Bio-technology 300583.SZChina$318M-26%+19%6%n/a2.7%+2.3%
GC Corp. 005250.KSSouth Korea$319M-32%+10%1%n/a31.5%+7.4%
Eikon Therapeutics EIKNUnited States$320M-41%n/an/an/an/an/a
Enanta Pharmaceuticals ENTAUnited States$320M-28%+1%-90%n/an/an/a
Ind-Swift Laboratories INDSWFTLAB.NSIndia$321M+149%+66%9%n/an/an/a
6467 6467.TWTaiwan$322Mn/an/a-2,618%n/an/an/a
Hainan Huluwa Pharmaceutical 605199.SSChina$322M-21%-32%-58%n/a2.5%-4.9%
Solara Active Pharma Sciences SOLARA.NSIndia$323M+23%+27%8%20.2×37.7%-3.2%
Enwei Pharmaceutical 301331.SZChina$326M-20%-7%5%n/a15.1%+7.3%
Hangzhou Tianmushan Pharmaceutical Enterprise 600671.SSChina$327M-10%-19%5%n/a22.5%+0.5%
Beihai Gofar Chuanshan Biological 600538.SSChina$328M-38%+10%-8%n/an/an/a

Questions

Which companies are Fuji Pharma's closest peers?
The cockpit's peer set: Shinpoong Pharmaceutical (019170.KS), Shanxi C&Y Pharmaceutical (300254.SZ), Formycon (FYB.DE), Emergent BioSolutions (EBS), Zhejiang Zhenyuan Share (000705.SZ), Ocugen (OCGN), Swedencare (SECARE.ST), Kitazato (368A.T).
Is Fuji Pharma expensive compared with its peers?
On forward p/e it trades at 18.6× against a peer median of 18.2×, 3rd cheapest of 5 in its peer set. For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -16 pp: the price already allows for a slowdown.
How has Fuji Pharma stock performed?
Over six months to 6 Nov 2026 the shares returned -18.9% against -25.9% for the median peer; over one year +10.7%.

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.