Microwave Chemical Co. Hits Day Low at JPY 970 Amid Price Pressure

Microwave Chemical Co., Ltd. experienced significant volatility on February 24, 2026, with the stock hitting an intraday low of JPY 970.00, reflecting a decline of 10.31% for the day. This performance starkly contrasts with the Japan Nikkei 225, which fell by only 1.12% during the same period. Over the past week, Microwave Chemical has seen a steep decline of 18.29%, and its monthly performance shows a drop of 23.74%. Despite a strong yearly performance of 87.24%, the company has faced challenges in recent quarters, including a notable decrease in net sales by 38.58%, leading to a pre-tax profit loss of 316.37%. The company's market capitalization stands at JPY 19,111 million, categorizing it as a small-cap entity. Financial metrics indicate a low return on equity of 6.80%, suggesting limited profitability relative to shareholder funds. Additionally, the stock's price-to-earnings ratio is at 44.00, indicating a premium valuation compared to its historical averages. Overall, Microwave Chemical Co., Ltd. is navigating a challenging financial landscape, marked by recent performance declines and significant shifts in key financial indicators.