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Process Industries

Asahi Kasei Corp.

Business Summary

Asahi Kasei Corp. operates as a holding company which provides monitoring, planning, and strategic management to its subsidiaries and affiliates. Its operations are carried out through the following segments: Materials, Homes, Health Care, and Others. The Materials segment includes caustic soda, chlorine, acrylonitrile, styrene, methyl methacrylate, adipic acid, polyethylene, polystyrene, and other petrochemicals. The Homes segment includes "Long Life Home" products and also provides remodeling, real estate, and urban redevelopment. The Health Care segment includes pharmaceuticals and diagnostic reagents. The Others segment includes engineering, employment agency and temporary staffing services. The company was founded on May 21, 1931 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue2,461.31B21,903.16M
Gross Profit796,965M7,092.15M
Operating income202,646M1,803.33M
Income before tax215,121M1,914.35M
Net income161,880M1,440.56M
EBITDA350,775M3,121.53M
Diluted EPS116.671.03
Dividends Per Share340.30
Total Assets3,349.07B27,592.79M
Total liabilities1,630.26B13,431.60M
Total equity1,687.41B13,902.45M
Operating cash flow183,271M1,630.92M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 2,042.21B 2,170.40B 2,151.64B 2,106.05B 2,461.31B
Gross Profit 672,802M 715,748M 703,762M 708,927M 796,965M
Operating income 198,475M 209,588M 177,264M 171,808M 202,646M
Income before tax 218,333M 210,397M 155,934M 150,906M 215,121M
Net income 170,249M 147,512M 103,931M 79,768M 161,880M
EBITDA 311,938M 313,634M 295,568M 305,080M 350,775M
Diluted EPS 121.92 105.65 74.84 57.48 116.67
Dividends Per Share 34 34 34 34 34
Total Assets 2,307.15B 2,575.20B 2,822.27B 2,918.94B 3,349.07B
Total liabilities 1,001.93B 1,172.49B 1,438.81B 1,424.40B 1,630.26B
Total equity 1,287.38B 1,381.48B 1,359.31B 1,467.47B 1,687.41B
Operating cash flow 249,891M 212,062M 124,460M 253,676M 183,271M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 18,426.16M 19,571.75M 19,789.65M 19,857.64M 21,903.16M
Gross Profit 6,070.44M 6,454.30M 6,472.81M 6,684.36M 7,092.15M
Operating income 1,790.76M 1,889.97M 1,630.37M 1,619.95M 1,803.33M
Income before tax 1,969.93M 1,897.26M 1,434.19M 1,422.87M 1,914.35M
Net income 1,536.09M 1,330.19M 955.90M 752.12M 1,440.56M
EBITDA 2,814.50M 2,828.21M 2,718.47M 2,876.55M 3,121.53M
Diluted EPS 1.10 0.95 0.68 0.54 1.03
Dividends Per Share 0.30 0.30 0.31 0.32 0.30
Total Assets 21,693.96M 23,266.05M 26,143.08M 26,415.75M 27,592.79M
Total liabilities 9,421.12M 10,593.05M 13,327.93M 12,890.56M 13,431.60M
Total equity 12,105.18M 12,481.23M 12,591.49M 13,280.33M 13,902.45M
Operating cash flow 2,254.67M 1,912.28M 1,144.71M 2,391.87M 1,630.92M

Valuation Measures

Mar 2022
PER9.10
ROA5.16%
ROE10.26%
Operating margin8.23%
Profit margin6.57%

Key executives

  • President & Representative Director: Koshiro Kudo
  • Head-Finance, Accounting & Investor Relations: Toshiyasu Horie
  • General Manager-Research & Development: Masami Takenaka
  • Head-Personnel, Compliance & Legal Affairs: Hiroki Ideguchi
  • Director & Executive Vice President: Hiroshi Yoshida

Shareholders

  • Nomura Asset Management Co., Ltd. (3.9%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.7%)
  • Nippon Life Insurance Co. (3.3%)
  • BlackRock Fund Advisors (3.0%)
  • Capital Research & Management Co. (World Investors) (2.6%)
  • Asahi Kasei Employee Stock Ownership Plan (2.5%)
  • The Vanguard Group, Inc. (2.3%)
  • Daiwa Asset Management Co. Ltd. (2.0%)
  • Nikko Asset Management Co., Ltd. (1.9%)
  • Sumitomo Mitsui Financial Group, Inc. (1.8%)

Contact Details

Related Companies

  • Asahi Kasei Corp. /Photomask Pellicles Bus/
  • Kasei Petrochemical Co.
  • Asahi Kasei NS Energy Corp.
  • Asahi Kasei Realty & Residence Corp.
  • Asahi Kasei Home Products Corp.
  • Asahi Kasei Advance Corp.
  • Asahi Kasei Corp. /ACS Resin Bus/
  • Austin Electric Services LLC
  • Brewer Cos. LLC
  • Asahi Kasei Pharma Denmark A/S
  • Asahikasei Haus SSI Co. Ltd.
  • Polypore KK
  • Asahi-Schwebel Co. Ltd.
  • Asahi Kasei Corporate Venture Capital
  • Asahi Kasei Board Incentive Plan
  • 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
  • Asahi Kasei Plastics (America), Inc.

Competitors

  • LG Chem Ltd.
  • Sumitomo Chemical Co., Ltd.
  • Eternal Materials Co., Ltd.
  • ICL Group Ltd.
  • Shenma Industry Co., Ltd. Class A
  • Celanese Corporation
  • Georg Fischer AG
  • HLB GLOBAL Co., Ltd.
  • Everspin Technologies, Inc.
  • HMT (Xiamen) New Technical Materials Co Ltd Class A
  • Nephros, Inc.
  • CytoSorbents Corporation
  • Stryker Corporation
  • Alpine Immune Sciences, Inc.
  • Angion Biomedica Corp.
  • Cirrus Logic, Inc.
  • Fresenius Medical Care AG & Co. KGaA
  • Giantec Semiconductor Corporation Class A
  • HANGZHOU FIRST APPLIED MATERIAL CO.,LTD. Class A
  • Shin Foong Specialty & Applied Materials Co., Ltd.
  • Sonnet BioTherapeutics Holdings, Inc.
Last Updated on 8 Aug, 2022

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