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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 2021 JPYUSD
Revenue2,106.05B19,857.64M
Gross Profit708,927M6,684.36M
Operating income171,808M1,619.95M
Income before tax150,906M1,422.87M
Net income79,768M752.12M
EBITDA305,080M2,876.55M
Diluted EPS57.480.54
Dividends Per Share340.32
Total Assets2,918.94B26,415.75M
Total liabilities1,424.40B12,890.56M
Total equity1,467.47B13,280.33M
Operating cash flow253,676M2,391.87M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,882.99B 2,042.21B 2,170.40B 2,151.64B 2,106.05B
Gross Profit 606,826M 672,802M 715,748M 703,762M 708,927M
Operating income 159,230M 198,475M 209,588M 177,264M 171,808M
Income before tax 157,388M 218,333M 210,397M 155,934M 150,906M
Net income 115,000M 170,249M 147,512M 103,931M 79,768M
EBITDA 268,423M 311,938M 313,634M 295,568M 305,080M
Diluted EPS 82.34 121.92 105.65 74.84 57.48
Dividends Per Share 24 34 34 34 34
Total Assets 2,254.50B 2,307.15B 2,575.20B 2,822.27B 2,918.94B
Total liabilities 1,086.38B 1,001.93B 1,172.49B 1,438.81B 1,424.40B
Total equity 1,151.34B 1,287.38B 1,381.48B 1,359.31B 1,467.47B
Operating cash flow 168,965M 249,891M 212,062M 124,460M 253,676M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 17,388.81M 18,426.16M 19,571.75M 19,789.65M 19,857.64M
Gross Profit 5,603.84M 6,070.44M 6,454.30M 6,472.81M 6,684.36M
Operating income 1,470.43M 1,790.76M 1,889.97M 1,630.37M 1,619.95M
Income before tax 1,453.42M 1,969.93M 1,897.26M 1,434.19M 1,422.87M
Net income 1,061.98M 1,536.09M 1,330.19M 955.90M 752.12M
EBITDA 2,478.79M 2,814.50M 2,828.21M 2,718.47M 2,876.55M
Diluted EPS 0.76 1.10 0.95 0.68 0.54
Dividends Per Share 0.22 0.30 0.30 0.31 0.32
Total Assets 20,232.43M 21,693.96M 23,266.05M 26,143.08M 26,415.75M
Total liabilities 9,749.48M 9,421.12M 10,593.05M 13,327.93M 12,890.56M
Total equity 10,332.44M 12,105.18M 12,481.23M 12,591.49M 13,280.33M
Operating cash flow 1,560.33M 2,254.67M 1,912.28M 1,144.71M 2,391.87M

Valuation Measures

Mar 2021
PER22.16
ROA2.77%
ROE5.64%
Operating margin8.15%
Profit margin3.78%

Key executives

  • President & Representative Director: Hideki Kobori
  • Director, Head-Finance, Accounting & IR: Koshiro Kudo
  • General Manager-Research & Development: Masami Takenaka
  • Head-Risk, Compliance, Legal & General Affairs: Nobuyuki Kakizawa
  • Director & Executive Vice President: Hiroshi Yoshida

Shareholders

  • Nomura Asset Management Co., Ltd. (3.9%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.7%)
  • Asset Management One Co., Ltd. (3.7%)
  • Nippon Life Insurance Co. (3.3%)
  • Capital Research & Management Co. (World Investors) (2.6%)
  • BlackRock Fund Advisors (2.6%)
  • Asahi Kasei Employee Stock Ownership Plan (2.5%)
  • The Vanguard Group, Inc. (2.2%)
  • Norges Bank Investment Management (1.9%)
  • Daiwa Asset Management Co. Ltd. (1.9%)

Contact Details

Related Companies

  • 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.
  • Asahi Kasei POM (Zhangjiagang) Co. Ltd.

Competitors

  • Chemours Co.
  • Sumitomo Chemical Co., Ltd.
  • Eternal Materials Co., Ltd.
  • LG Chem Ltd.
  • Celanese Corporation
  • Shenma Industry Co., Ltd. Class A
  • Formosa Plastics Corporation
  • Trinseo Public Limited Company
  • NEXT SCIENCE Co.,Ltd.
  • Everspin Technologies, Inc.
  • HMT (Xiamen) New Technical Materials Co Ltd Class A
  • Nephros, Inc.
  • CytoSorbents Corporation
  • Stryker Corporation
  • Cirrus Logic, Inc.
  • Fresenius Medical Care AG & Co. KGaA
  • Giantec Semiconductor Corporation Class A
  • Shenzhen Senior Technology Material Co., Ltd. Class A
  • Sonnet BioTherapeutics Holdings, Inc.
Last Updated on 26 Nov, 2021

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