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Process Industries

Asahi Kasei Corp.

  • 1,168.00 JPY
  • +7.50
  • +0.65%
  • Japan
    May 22, 2019
  • Ticker
    TKS(3407)
  • Prev. close
    1,160.5
  • Market cap (JPY)
    1,627.73B
  • Market cap (USD)
    14,718.65M
  • Shares
    1,402.61M

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 2019 JPYUSD
Revenue2,170.40B19,571.75M
Gross Profit688,548M6,209.02M
Operating income209,588M1,889.97M
Income before tax210,397M1,897.26M
Net income147,512M1,330.19M
EBITDA313,634M2,828.21M
Diluted EPS105.650.95
Dividends Per Share340.30
Total Assets2,575.20B23,266.05M
Total liabilities1,172.49B10,593.05M
Total equity1,381.48B12,481.23M
Operating cash flow212,062M1,912.28M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 1,986.40B 1,940.91B 1,882.99B 2,042.21B 2,170.40B
Gross Profit 564,705M 606,344M 606,826M 672,802M 688,548M
Operating income 157,933M 165,203M 159,230M 198,475M 209,588M
Income before tax 158,440M 146,389M 157,388M 218,333M 210,397M
Net income 105,652M 91,754M 115,000M 170,249M 147,512M
EBITDA 253,311M 274,835M 268,423M 311,938M 313,634M
Diluted EPS 75.62 65.69 82.34 121.93 105.65
Dividends Per Share 19 20 24 34 34
Total Assets 2,014.53B 2,211.72B 2,254.50B 2,316.13B 2,575.20B
Total liabilities 916,809M 1,154.33B 1,086.38B 1,010.92B 1,172.49B
Total equity 1,082.65B 1,041.90B 1,151.34B 1,287.38B 1,381.48B
Operating cash flow 137,597M 216,218M 168,965M 249,891M 212,062M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 18,081.81M 16,162.93M 17,388.81M 18,426.16M 19,571.75M
Gross Profit 5,140.38M 5,049.32M 5,603.84M 6,070.44M 6,209.02M
Operating income 1,437.63M 1,375.72M 1,470.43M 1,790.76M 1,889.97M
Income before tax 1,442.24M 1,219.05M 1,453.42M 1,969.93M 1,897.26M
Net income 961.72M 764.07M 1,061.98M 1,536.09M 1,330.19M
EBITDA 2,305.83M 2,288.68M 2,478.79M 2,814.50M 2,828.21M
Diluted EPS 0.68 0.54 0.76 1.10 0.95
Dividends Per Share 0.17 0.16 0.22 0.30 0.30
Total Assets 16,798.25M 19,678.17M 20,232.43M 21,778.43M 23,266.05M
Total liabilities 7,644.85M 10,270.29M 9,749.48M 9,505.60M 10,593.05M
Total equity 9,027.75M 9,269.99M 10,332.44M 12,105.18M 12,481.23M
Operating cash flow 1,252.51M 1,800.55M 1,560.33M 2,254.67M 1,912.28M

Valuation Measures

Mar 2019
PER10.80
ROA6.03%
ROE11.05%
Operating margin9.65%
Profit margin6.79%

Key executives

  • President & Representative Director: Hideki Kobori
  • Managing Director & Manager-General Affairs: Nobuyuki Kakizawa
  • Head-Healthcare Business Unit: Richard A. Packer
  • Managing Executive Officer: Hideyuki Yamagishi
  • Senior Executive Officer: Shinichiro Nei

Shareholders

  • Capital Research & Management Co. (World Investors) (8.1%)
  • Nippon Life Insurance Co. (4.6%)
  • Asset Management One Co., Ltd. (3.3%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.1%)
  • Capital Research & Management Co. (Global Investors) (3.0%)
  • Sumitomo Mitsui Financial Group, Inc. (2.5%)
  • Nomura Asset Management Co., Ltd. (2.5%)
  • Asahi Kasei Employee Stock Ownership Plan (2.2%)
  • The Vanguard Group, Inc. (2.2%)
  • BlackRock Fund Advisors (1.4%)

Contact Details

Related Companies

  • Polypore KK
  • Asahi-Schwebel Co. Ltd.
  • 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.

Competitors

  • Sumitomo Chemical Co., Ltd.
  • Eternal Materials Co., Ltd.
  • Covestro AG
  • LG Chem Ltd.
  • Trinseo SA
  • Celanese Corporation
  • Eastman Kodak Company
  • thyssenkrupp AG
  • Fresenius Medical Care AG & Co. KGaA
  • Green Seal Holding Ltd.
  • Everspin Technologies, Inc.
  • CytoSorbents Corporation
  • Cirrus Logic, Inc.
  • DMC Global Inc.
  • Nephros, Inc.
  • PledPharma AB
  • Stryker Corporation
Last Updated on 22 May, 2019

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