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HALAL TRADING ROOM Sharia-screened signals
TERMINAL
42

4206.T

$4118.00
Sharia status
COMPLIANT
Per In-house ratio engine · assessed 2026-08-26
HTR non-permissible income 0.25%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No active setup right now. The technical picture doesn't show a clear edge — check back when the trend or momentum shifts.

Aica Kogyo Company, Limited (4206.T) is currently considered halal (Sharia-compliant), per In-house ratio engine (last assessed 2026-08-26). See the full ratio breakdown and business-activity screen below for the reasoning.

Market & analysts
Price target
$4383.33
+6.4% · 3 analysts
Institutional own.
38.8%
of shares
COMPLIANT
Sharia compliance
0.25%
Non-permissible income — HTR, from filings (2026-03-31)
$4383.33
Price target (+6.4%) · 3 analysts
38.8%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2026-03-31. 4206.T files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Pass

RatioValueThresholdResult
Interest-bearing debt 18.09% 30.00% Pass
Interest-bearing investments 22.89% 30.00% Pass
Non-permissible income 0.25% 5.00% Pass

Usmani Pass

RatioValueThresholdResult
Interest-bearing debt 14.58% 33.00% Pass
Interest-bearing investments 18.45% 33.00% Pass
Non-liquid assets 59.03% at least 20.00% Pass
Non-permissible income 0.25% 5.00% Pass

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 14.58% 33.33% Pass
Cash + interest-bearing securities 18.45% 33.33% Pass
Accounts receivable 40.97% 33.33% Fail
Non-permissible income 0.25% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 14.58% 33.33% Pass
Cash + interest-bearing securities 18.45% 33.33% Pass
Accounts receivable 40.97% 50.00% Pass
Non-permissible income 0.25% 5.00% Pass

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 21.66% 33.00% Pass
Cash + interest-bearing securities 27.42% 33.00% Pass
Accounts receivable 33.48% 33.00% Fail
Non-permissible income 0.25% 5.00% Pass

S&P Shariah Pass

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 22.24% 33.00% Pass
Cash + interest-bearing securities 28.15% 49.00% Pass
Accounts receivable 34.38% 49.00% Pass
Non-permissible income 0.25% 5.00% Pass

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 22.24% 33.33% Pass
Cash + interest-bearing securities 28.15% 33.33% Pass
Accounts receivable 62.52% 49.00% Fail
Non-permissible income 0.25% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

4,206.003,981.883,757.753,533.633,309.502025-09-112026-03-162026-09-10

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
4073.67
S2
4100.33
S1
4116.67
PIVOT
4143.33
R1
4159.67
R2
4186.33
R3
4202.67

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
4011.29 4336.71
±3.9% from 4174, made 2026-09-03 · resolves 2026-09-10
STRONG BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 22138 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG BUY
19 indicators
OscillatorsSTRONG BUY
2 buy · 4 neutral · 1 sell
Moving averagesSTRONG BUY
9 buy · 0 neutral · 3 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)54.50NEUTRAL
Stochastic %K (14)28.49NEUTRAL
CCI (20)-15.50NEUTRAL
Williams %R (14)-71.51NEUTRAL
MACD (12,26,9)-15.78SELL
ROC (10)0.24BUY
Momentum (10)10.00BUY
EMA (10)4136.52SELL
SMA (10)4147.70SELL
EMA (20)4100.13BUY
SMA (20)4118.95SELL
EMA (30)4048.57BUY
SMA (30)4068.10BUY
EMA (50)3954.24BUY
SMA (50)3920.42BUY
EMA (100)3814.70BUY
SMA (100)3708.47BUY
EMA (200)3698.07BUY
SMA (200)3633.30BUY

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About Aica Kogyo Company, Limited

Industrials · Conglomerates

Aica Kogyo Company, Limited manufactures and sells chemical products in Japan, China, rest of Asia, Oceania, and internationally. It operates through Chemical Products and Building Materials segments. The company offers decorative panels comprising high pressure laminates, decorative boards, and architectural films; fire retardant decorative panels; counters; housing and public products, including doors, sliding doors, storage units, and toilet booths; industrial and architectural adhesives, and industrial and composite board resins; construction resins, including wall and floor coating materials, repair and reinforcing materials, and corrosive preventive materials; and specially and performance materials, such as hot melts, UV-curable and water based resins, and polymer beads. It also provides exterior and interior finishing coating materials, floor coating materials, various adhesives, organic particles, etc; and melamine laminate, decorative plywood, interior doors, interior building materials, countertops, storage doors, non-combustible decorative materials, extruded cement boards, etc. The company offers chemical products for use in non-construction fields, such as automobiles, daily necessities, and electronic materials; and laminates and building materials for use in commercial, office, educational and cultural, transport, health care and welfare, accommodation, warehouse and factory, and housing facilities. Additionally, the company manufactures and sells laminates and allied products. The company was formerly known as Aichi Kagaku Kogyo Co., Ltd. and changed its name to Aica Kogyo Company, Limited in June 1966. Aica Kogyo Company, Limited was incorporated in 1936 and is headquartered in Kiyosu, Japan.

aica.co.jp ↗

Background via Yahoo Finance — informational, not part of the verdict.

🕌 In-house Ratio Research — EDINET XBRL (Japan)

Research only, not the primary verdict above — SEC EDGAR (the source for the main in-house research card, if shown) has no data for this symbol, so this is computed from a real, country-specific filing instead. Business-activity screening isn't part of this check.

AAOIFI Standard 21 (% of market cap) — Pass
Debt ratio 14.0% (< 30%)
Investments ratio 23.1% (< 30%)
Non permissible income ratio 0.3% (< 5%)
Usmani (% of total assets) — Pass
Debt ratio 11.2% (< 33%)
Investments ratio 18.4% (< 33%)
Non permissible income ratio 0.3% (< 5%)

Based on the filing period ending 2026-03-31, figures in JPY.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.