4275 Carlit
- Japan Guru
- Aug 12
- 1 min read
Updated: Aug 14
Chemicals, bottling, industrial materials, and engineering are its four main pillars. The largest manufacturer of emergency flares for automobiles. Originally started as an explosive maker, founded in 1925.
"The co has started developing solid propellants for defense-related products in March 2025. It has previously worked on solid propellants for space rockets, but this will be applied. It has also revealed capital investment plans with a view to commercialization.
In 2027, solid propellants for space and defense applications and ammonium perchlorate, its raw material, have been newly established as priority areas. According to the company's mid-term plan explanatory materials, the company is the only one in Japan that industrially produces ammonium perchlorate, and it also develops and manufactures electrodes in-house.
The company aims to increase ammonium perchlorate sales by 2.2 times in fiscal 2027 compared to the previous fiscal year's results, and by 4.4 times in fiscal 2035. Solid…
at 1336 yen/share, 32 bil yen mkt cap vs 13 bil yen net cash
11.57x per / 0.83x pbr / 2.69% yield