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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 2020 JPYUSD
Revenue2,151.64B19,789.65M
Gross Profit703,762M6,472.81M
Operating income177,264M1,630.37M
Income before tax155,934M1,434.19M
Net income103,931M955.90M
EBITDA295,568M2,718.47M
Diluted EPS74.840.68
Dividends Per Share340.31
Total Assets2,797.97B25,917.97M
Total liabilities1,414.51B13,102.82M
Total equity1,359.31B12,591.49M
Operating cash flow124,460M1,144.71M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 1,940.91B 1,882.99B 2,042.21B 2,170.40B 2,151.64B
Gross Profit 606,344M 606,826M 672,802M 715,748M 703,762M
Operating income 165,203M 159,230M 198,475M 209,588M 177,264M
Income before tax 146,389M 157,388M 218,333M 210,397M 155,934M
Net income 91,754M 115,000M 170,249M 147,512M 103,931M
EBITDA 274,835M 268,423M 311,938M 313,634M 295,568M
Diluted EPS 65.69 82.34 121.92 105.65 74.84
Dividends Per Share 20 24 34 34 34
Total Assets 2,211.72B 2,254.50B 2,307.15B 2,575.20B 2,797.97B
Total liabilities 1,154.33B 1,086.38B 1,001.93B 1,172.49B 1,414.51B
Total equity 1,041.90B 1,151.34B 1,287.38B 1,381.48B 1,359.31B
Operating cash flow 216,218M 168,965M 249,891M 212,062M 124,460M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 16,162.93M 17,388.81M 18,426.16M 19,571.75M 19,789.65M
Gross Profit 5,049.32M 5,603.84M 6,070.44M 6,454.30M 6,472.81M
Operating income 1,375.72M 1,470.43M 1,790.76M 1,889.97M 1,630.37M
Income before tax 1,219.05M 1,453.42M 1,969.93M 1,897.26M 1,434.19M
Net income 764.07M 1,061.98M 1,536.09M 1,330.19M 955.90M
EBITDA 2,288.68M 2,478.79M 2,814.50M 2,828.21M 2,718.47M
Diluted EPS 0.54 0.76 1.10 0.95 0.68
Dividends Per Share 0.16 0.22 0.30 0.30 0.31
Total Assets 19,678.17M 20,232.43M 21,693.96M 23,266.05M 25,917.97M
Total liabilities 10,270.29M 9,749.48M 9,421.12M 10,593.05M 13,102.82M
Total equity 9,269.99M 10,332.44M 12,105.18M 12,481.23M 12,591.49M
Operating cash flow 1,800.55M 1,560.33M 2,254.67M 1,912.28M 1,144.71M

Valuation Measures

Mar 2020
PER10.21
ROA3.86%
ROE7.58%
Operating margin8.23%
Profit margin4.83%

Key executives

  • Executive President & Representative Director: Hideki Kobori
  • Director, Head-Information Technology & Finance: Yutaka Shibata
  • General Manager-Research & Development: Hiroshi Shirai
  • Head-Risk, Compliance, Legal & General Affairs: Nobuyuki Kakizawa
  • Director & Executive Vice President: Hiroshi Yoshida

Shareholders

  • Nippon Life Insurance Co. (4.6%)
  • Asset Management One Co., Ltd. (3.7%)
  • Nomura Asset Management Co., Ltd. (3.4%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.1%)
  • Capital Research & Management Co. (World Investors) (2.9%)
  • BlackRock Fund Advisors (2.6%)
  • The Vanguard Group, Inc. (2.5%)
  • Asahi Kasei Employee Stock Ownership Plan (2.3%)
  • Capital Research & Management Co. (Global Investors) (2.1%)
  • Sumitomo Mitsui Financial Group, Inc. (1.8%)

Contact Details

Related Companies

  • Asahi Kasei Pharma Denmark A/S
  • Asahikasei Haus SSI Co. Ltd.
  • Polypore KK
  • Asahi-Schwebel Co. Ltd.
  • Asahi Kasei Plastics America, Inc.
  • 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
  • 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.

Competitors

  • Chemours Co.
  • Sumitomo Chemical Co., Ltd.
  • Eternal Materials Co., Ltd.
  • LG Chem Ltd.
  • Celanese Corporation
  • Trinseo SA
  • Shen Ma Industry Co. Ltd. Class A
  • NEXT SCIENCE Co.,Ltd.
  • Everspin Technologies, Inc.
  • HC SemiTek Corp. Class A
  • Nephros, Inc.
  • Shenzhen Capchem Technology Co., Ltd. Class A
  • CytoSorbents Corporation
  • Cirrus Logic, Inc.
  • Fresenius Medical Care AG & Co. KGaA
  • Green Seal Holding Ltd.
  • Stryker Corporation
Last Updated on 5 Aug, 2020

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