Process Industries

Asahi Kasei Corp.

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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	JPY	USD
Revenue	2,461.31B	21,903.16M
Gross Profit	796,965M	7,092.15M
Operating income	202,646M	1,803.33M
Income before tax	215,121M	1,914.35M
Net income	161,880M	1,440.56M
EBITDA	350,775M	3,121.53M
Diluted EPS	116.67	1.03
Dividends Per Share	34	0.30
Total Assets	3,349.07B	27,592.79M
Total liabilities	1,630.26B	13,431.60M
Total equity	1,687.41B	13,902.45M
Operating cash flow	183,271M	1,630.92M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 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 2018	Mar 2019	Mar 2020	Mar 2021	Mar 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
PER	9.10
ROA	5.16%
ROE	10.26%
Operating margin	8.23%
Profit margin	6.57%

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

Website:http://www.asahi-kasei.co.jp
Address: Hibiya Mitsui Tower, 1-1-2 Yuraku-cho, Tokyo, 100-0006, Japan
Phone: +81.3.6699.3000

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Competitors

LG Chem Ltd.
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Eternal Materials Co., Ltd.
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Celanese Corporation
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HLB GLOBAL Co., Ltd.
Everspin Technologies, Inc.
HMT (Xiamen) New Technical Materials Co Ltd Class A
Nephros, Inc.
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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