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Japan's largest aluminum rolling company, making flat-rolled aluminum sheet and foil for autos, cans and electronics.
Japan's largest aluminum rolling company, making flat-rolled aluminum sheet and foil for autos, cans and electronics.
Rolls aluminium ingot into sheet and foil and generally passes the metal price on to customers, earning a processing margin, so volumes and product mix matter more than the aluminium price itself. It was formed in 2013 by merging two mill operators, Furukawa-Sky Aluminum and Sumitomo Light Metal.
In one line: A Japanese Novelis/Alcoa Rolled Products.
Moat: narrow (scale, customer qualification, process know-how). Largest Japanese aluminum rolling capacity, formed via major-mill consolidation, with qualified auto/can supply.
Headquarters: Tokyo, Japan · Founded: 2009 · Employees: 10,183
Size UACJ (5741.T) is a Japan Materials company (Aluminum) with a market value of $2.06B, the 472nd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,757 on 6 Nov 2026.
Performance Over six months the shares fell 36.0%, against -27.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 28.0% over the last twelve months (peer median +14.3%); the operating margin is 8.5% (peer median 7.6%).
Valuation It trades at 6.2× forward earnings against a peer median of 11.3× (3rd cheapest of 15).
Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -21 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.5 points above its cost of capital (6.7% WACC).
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥1.30T | ¥1.18T | ¥999B | ¥893B | ¥956B |
| Revenue growth | — | +18% | +12% | -7% | — |
| Gross profit | ¥203B | ¥157B | ¥131B | ¥101B | ¥89.5B |
| EBITDA | ¥152B | ¥113B | ¥92.6B | ¥67.5B | ¥48.9B |
| Net income | ¥73.5B | ¥38.9B | ¥28.0B | ¥13.9B | -¥1.31B |
| Free cash flow | n/a | ¥8.35B | -¥28.4B | ¥61.7B | ¥29.0B |
| Capital expenditure | n/a | ¥57.6B | ¥38.4B | ¥33.9B | ¥26.8B |
| Total debt | ¥422B | ¥400B | ¥350B | ¥321B | ¥349B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| UACJ 5741.T | $2.06B | -36% | +28% | 9% | 6.2× | -5.3% |
| Hindalco Industries HINDALCO.NS | $22.7B | -9% | +20% | 11% | 8.6× | n/a |
| Kobe Steel 5406.T | $4.83B | 0% | -3% | 5% | 7.7× | -1.1% |
| Constellium CSTM | $2.93B | -36% | +26% | 9% | 8.3× | -6.8% |
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.
| Measure | 5741.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -19.5% | -8.6% | 3rd lowest of 21 |
| 6-month return | -36.0% | -27.8% | 5th lowest of 21 |
| Distance from 52-week high | -51.0% | -40.8% | 7th lowest of 21 |
| Revenue growth (TTM) | +28.0% | +14.3% | 4th highest of 21 |
| Operating margin | 8.5% | 7.6% | 9th highest of 21 |
| Forward P/E | 6.2× | 11.3× | 3rd cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | -5.3% | 2.0% | 4th least demanding of 12 |
| Growth delivered (Del g) | +15.7% | +9.5% | 6th highest of 12 |
| Hurdle (Req g minus delivered) | -21.1 pp | -11.2 pp | 3rd least demanding of 12 |
| ROIC minus cost of capital | +2.5 pp | +1.5 pp | 9th highest of 21 |
| EV / EBITDA | 4.8× | 8.4× | 2nd cheapest of 8 |
| Net debt / EBITDA | 2.4× | 1.8× | 3rd most indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| UACJ 5741.T | Japan | $2.06B | -36% | +28% | 9% | 6.2× | -5.3% | +15.7% |
| Xinjiang Joinworld 600888.SS | China | $2.07B | +3% | +21% | 7% | 11.7× | n/a | n/a |
| Jiangsu Dingsheng New Material Joint-Stock 603876.SS | China | $2.00B | -52% | +10% | 4% | 12.4× | 8.1% | +16.2% |
| Shanghai Huafon Aluminium Corporation 601702.SS | China | $1.98B | -29% | +10% | 10% | 9.2× | n/a | n/a |
| Innovation New Material Technology 600361.SS | China | $1.91B | -24% | +4% | 1% | 10.7× | n/a | n/a |
| Granges GRNG.ST | Sweden | $1.83B | -6% | +27% | 6% | 12.1× | n/a | n/a |
| Kaiser Aluminum KALU | United States | $1.75B | -41% | +40% | 8% | 10.9× | 0.8% | +23.5% |
| Jiaozuo Wanfang Aluminum Manufacturing 000612.SZ | China | $1.71B | -28% | +13% | 32% | n/a | -13.0% | +6.6% |
| Nantong Haixing Electronics 603115.SS | China | $1.62B | -22% | +21% | 8% | 33.5× | n/a | n/a |
| Henan Mingtai Aluminum Industrial 601677.SS | China | $2.70B | -17% | +19% | 6% | 7.2× | -2.7% | +16.6% |
| Constellium CSTM | United States | $2.93B | -36% | +26% | 9% | 8.3× | -6.8% | +8.7% |
| Giansun Precision Technology 001400.SZ | China | $1.41B | -35% | 0% | 10% | n/a | n/a | n/a |
| Grupa Kety KTY.WA | Poland | $3.15B | +11% | +8% | 15% | 16.9× | 6.6% | +9.2% |
| Century Aluminum CENX | United States | $3.31B | -43% | +10% | 15% | 3.2× | 9.9% | +9.5% |
| Grinm Metal Composites (Beijing) Technology 688811.SS | China | $1.27B | -30% | 0% | 11% | n/a | n/a | n/a |
| Henan Zhongfu Industrial 600595.SS | China | $3.36B | -28% | +24% | 16% | 5.7× | -10.2% | +23.3% |
| Elkem ELK.OL | Norway | $1.18B | +7% | -12% | 3% | n/a | 17.0% | -7.2% |
| Yinbang Clad Material 300337.SZ | China | $1.06B | -38% | +45% | 3% | n/a | n/a | n/a |
| Yong Jie New Material 603271.SS | China | $1.03B | -33% | +57% | 4% | n/a | 9.1% | +20.3% |
| Guangdong Haomei New Material 002988.SZ | China | $1.01B | -22% | +16% | 1% | 55.2× | n/a | n/a |
| Yechiu Metal Recycling (China) 601388.SS | China | $1.01B | -25% | +10% | 7% | 16.2× | 2.0% | +6.2% |