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Process Industries
Asahi Kasei Corp.
- 1,513.50 JPY
- +10.00
- +0.67%
Japan
May 23, 2018Ticker
TKS(3407)Prev. close
1,503.5Market cap (JPY)
2,108.83BMarket cap (USD)
19,240.30MShares
1,402.61M
In the news
- Rising oil prices squeeze Asahi Kasei's materials margins May 12, 2018
- Japan juices efforts for new electric-vehicle battery May 6, 2018
- Where 'Made in Japan' went wrong, and how to fix it Mar 22, 2018
- China's environmental crackdown means big business for Japan Feb 23, 2018
- Asahi Kasei profit seen surging 20%, beating current forecast Feb 1, 2018 See more articles on Asahi Kasei Corp.
Business Summary
Asahi Kasei Corp. is a holding company which provides monitoring, planning, and strategic management to its subsidiaries and affiliates. It operates through the following segments: Material, Homes, Health Care, and Other Businesses. The Material segment includes fibers, textiles, chemicals, and electronics. The Homes segment includes "Long Life Home" products and offers remodeling, real estate, and urban redevelopment. It also includes construction materials. The Health Care segment includes pharmaceuticals, medical care, and acute critical care. The Other Businesses segment includes engineering, employment agency, processing and sale of Asahi Kasei products, and temporary staffing. The company was founded on May 21, 1931 and is headquartered in Tokyo, Japan.
Financial Highlights
| Mar 2018 | JPY | USD |
| Revenue | 2,042.21B | 18,426.16M |
| Gross Profit | 649,105M | 5,856.63M |
| Operating income | 198,475M | 1,790.76M |
| Income before tax | 218,333M | 1,969.93M |
| Net income | 170,249M | 1,536.09M |
| EBITDA | 311,938M | 2,814.50M |
| Diluted EPS | 121.93 | 1.10 |
| Dividends Per Share | 34 | 0.30 |
| Total Assets | 2,316.13B | 21,778.43M |
| Total liabilities | 1,010.92B | 9,505.60M |
| Total equity | 1,287.38B | 12,105.18M |
| Operating cash flow | 249,891M | 2,254.67M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
| Revenue | 1,897.76B | 1,986.40B | 1,940.91B | 1,882.99B | 2,042.21B |
| Gross Profit | 529,773M | 564,705M | 606,344M | 606,826M | 649,105M |
| Operating income | 143,347M | 157,933M | 165,203M | 159,230M | 198,475M |
| Income before tax | 163,860M | 158,440M | 146,389M | 157,388M | 218,333M |
| Net income | 101,296M | 105,652M | 91,754M | 115,000M | 170,249M |
| EBITDA | 238,222M | 253,311M | 274,835M | 268,423M | 311,938M |
| Diluted EPS | 72.48 | 75.62 | 65.69 | 82.34 | 121.93 |
| Dividends Per Share | 17 | 19 | 20 | 24 | 34 |
| Total Assets | 1,915.08B | 2,014.53B | 2,211.72B | 2,254.50B | 2,316.13B |
| Total liabilities | 989,323M | 916,809M | 1,154.33B | 1,086.38B | 1,010.92B |
| Total equity | 912,699M | 1,082.65B | 1,041.90B | 1,151.34B | 1,287.38B |
| Operating cash flow | 244,152M | 137,597M | 216,218M | 168,965M | 249,891M |
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
| Revenue | 18,945.16M | 18,081.81M | 16,162.93M | 17,388.81M | 18,426.16M |
| Gross Profit | 5,288.65M | 5,140.38M | 5,049.32M | 5,603.84M | 5,856.63M |
| Operating income | 1,431.01M | 1,437.63M | 1,375.72M | 1,470.43M | 1,790.76M |
| Income before tax | 1,635.79M | 1,442.24M | 1,219.05M | 1,453.42M | 1,969.93M |
| Net income | 1,011.22M | 961.72M | 764.07M | 1,061.98M | 1,536.09M |
| EBITDA | 2,378.14M | 2,305.83M | 2,288.68M | 2,478.79M | 2,814.50M |
| Diluted EPS | 0.72 | 0.68 | 0.54 | 0.76 | 1.10 |
| Dividends Per Share | 0.16 | 0.17 | 0.16 | 0.22 | 0.30 |
| Total Assets | 18,595.80M | 16,798.25M | 19,678.17M | 20,232.43M | 21,778.43M |
| Total liabilities | 9,606.47M | 7,644.85M | 10,270.29M | 9,749.48M | 9,505.60M |
| Total equity | 8,862.44M | 9,027.75M | 9,269.99M | 10,332.44M | 12,105.18M |
| Operating cash flow | 2,437.33M | 1,252.51M | 1,800.55M | 1,560.33M | 2,254.67M |
Valuation Measures
| Mar 2018 | |
| PER | 11.47 |
| ROA | 7.44% |
| ROE | 13.96% |
| Operating margin | 9.71% |
| Profit margin | 8.33% |
Key executives
- President & Representative Director: Hideki Kobori
- Director & Head-Corporate Finance: Shuichi Sakamoto
- Senior Executive Officer, General Manager-R&D: Hideyuki Yamagishi
- Director, Head-Legal Affairs & Compliance: Nobuyuki Kakizawa
- Representative Director, EVP, Head-Branch, R&D: Masafumi Nakao
Shareholders
- Capital Research & Management Co. (World Investors) (6.0%)
- Nippon Life Insurance Co. (5.1%)
- Asset Management One Co., Ltd. (3.3%)
- Capital Research & Management Co. (Global Investors) (3.0%)
- Sumitomo Mitsui Financial Group, Inc. (2.5%)
- Asahi Kasei Employee Stock Ownership Plan (2.3%)
- Nomura Asset Management Co., Ltd. (2.3%)
- The Vanguard Group, Inc. (2.1%)
- Norges Bank Investment Management (1.5%)
- BlackRock Fund Advisors (1.5%)
Contact Details
- Website:http://www.asahi-kasei.co.jp
- Address: Jinbocho Mitsui Building, 1-105 Kanda Jinbocho, Tokyo, 101-8101, Japan
- Phone: +81.3.3296.3000
Related Companies
- Asahi Kasei Plastics America, Inc.
- Asahi Kasei Corporate Venture Capital
- Asahi Kasei Board Incentive Plan
- Asahi Kasei Corp. /Sunvieo Elastomer Business/
- Asahi-Schewebel Co., Ltd.
- Asahi Tokyo Investment Trust Management Co., Ltd.
- Asahi Kasei Europe GmbH
- Asahi Kasei (China) Investment Co. Ltd.
- Kyokuyo Textile (Thailand) Co. Ltd.
- Asahi Kasei Synthetic Rubber Europe NV/SA
- Asahi Kasei Deutschland GmbH
- Asahi Kasei E-Materials Korea, Inc.
- Asahi Kasei Medical Trading (Korea) Co. Ltd.
- Asahi Kasei Tibbi Cihazlar Tic Ltd. Sti
- Asahi Kasei (Suzhou) Plastics Compound Co. Ltd.
- Asahi Kasei EMD Taiwan Corp.
- Asahikasei Plastics (Hong Kong) Co. Ltd.
- Asahi Kasei Fibers Italia SRL
- Asahikasei Plastics (America), Inc.
- Asahi Kasei POM (Zhangjiagang) Co. Ltd.
- ASAHI KASEI MICROZA (Hangzhou) Co. Ltd.
- Asahi Kasei Bioprocess Europe NV/SA
- Asahi Kasei Medical Trading Taiwan Co. Ltd.
- Asahi Kasei Microdevices Korea Corp.
- Asahi Kasei Microdevices (Shanghai) Co. Ltd.
- Asahi Kasei Fibers International (Shanghai) Co. Ltd.
- Asahi Kasei Electronics Materials Changshu Co. Ltd.
- Asahi Kasei Performance Chemicals Corp.
- Asahi Chemical (HK) Ltd.
- Asahi Kasei Microdevices Taiwan Corp.
Competitors
- Sumitomo Chemical Co., Ltd.
- Eternal Materials Co., Ltd.
- Covestro AG
- Celanese Corporation Class A
- Platform Specialty Products Corp.
- Eastman Kodak Company
- Trinseo SA
- thyssenkrupp AG
- Green Seal Holding Ltd.
- Suominen Yhtymae Oyj
- Everspin Technologies, Inc.
- Aethlon Medical, Inc.
- Radius Health Inc
- TiGenix NV
- CytoSorbents Corporation
- Fresenius Medical Care AG & Co. KGaA
- aTyr Pharma, Inc.
- Cirrus Logic, Inc.
- DMC Global Inc.
- Electrovaya Inc.
- Nephros, Inc.
- Stryker Corporation
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