ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Process Industries

Daicel Corp.

Business Summary

Daicel Corp. engages in the manufacture and sale of chemical products. It operates through the following segments: Cellulosic Derivatives, Organic Chemicals, Plastics, Pyrotechnic Devices, and Others. The Cellulosic Derivatives segment engages in the production of various cellulosic derivatives such as cellulose acetate, acetate tow for cigarette filters, and water-soluble polymers. The Organic Chemicals segment offers various solvents and fine chemicals; acetic acid, and chiral columns used for separation of optical isomers. The Plastic segment develops unique products for numerous industrial sectors such as engineering plastics, polymer alloys and cyclic-olefin copolymers; and also develops a variety of plastic processed products such as polystyrene sheets, formed trays, and functional films. The Pyrotechnic Devices segment provides motor vehicle safety devices, airbag inflators, aerospace and defense systems. The Others segment includes membrane and warehousing business. The company was founded on September 8, 1919 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue467,937M4,164.15M
Gross Profit139,682M1,243.02M
Operating income50,698M451.15M
Income before tax46,283M411.87M
Net income31,254M278.12M
EBITDA78,893M702.06M
Diluted EPS104.140.92
Dividends Per Share340.30
Total Assets698,836M5,757.66M
Total liabilities419,288M3,454.48M
Total equity272,018M2,241.13M
Operating cash flow42,993M382.59M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 462,956M 464,859M 412,826M 393,568M 467,937M
Gross Profit 138,030M 133,534M 112,019M 113,488M 139,682M
Operating income 58,933M 49,873M 29,646M 32,807M 50,698M
Income before tax 59,229M 53,734M 16,656M 33,040M 46,283M
Net income 37,062M 35,302M 4,978M 19,713M 31,254M
EBITDA 91,889M 82,221M 59,765M 59,128M 78,893M
Diluted EPS 107.81 105.37 15.48 65.17 104.14
Dividends Per Share 32 32 34 32 34
Total Assets 640,284M 654,791M 597,992M 640,385M 698,836M
Total liabilities 226,739M 231,548M 205,403M 395,381M 419,288M
Total equity 384,876M 393,598M 362,545M 237,852M 272,018M
Operating cash flow 66,888M 58,523M 57,193M 57,869M 42,993M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 4,177.08M 4,191.89M 3,796.94M 3,710.89M 4,164.15M
Gross Profit 1,245.39M 1,204.15M 1,030.28M 1,070.06M 1,243.02M
Operating income 531.73M 449.73M 272.66M 309.33M 451.15M
Income before tax 534.40M 484.54M 153.19M 311.52M 411.87M
Net income 334.39M 318.33M 45.78M 185.87M 278.12M
EBITDA 829.08M 741.43M 549.68M 557.50M 702.06M
Diluted EPS 0.97 0.95 0.14 0.61 0.92
Dividends Per Share 0.28 0.28 0.31 0.30 0.30
Total Assets 6,020.53M 5,915.80M 5,539.27M 5,795.33M 5,757.66M
Total liabilities 2,132.00M 2,091.95M 1,902.67M 3,578.10M 3,454.48M
Total equity 3,618.95M 3,556.01M 3,358.29M 2,152.50M 2,241.13M
Operating cash flow 603.50M 527.73M 526.02M 545.63M 382.59M

Valuation Measures

Mar 2022
PER7.84
ROA4.66%
ROE12.25%
Operating margin10.83%
Profit margin6.67%

Key executives

  • President & Representative Director: Yoshimi Ogawa
  • Director, Executive Officer & Head-Quality Audit: Akihisa Takabe
  • Director & Managing Executive Officer: Hisanori Imanaka
  • Representative Director: Kotaro Sugimoto
  • Managing Executive Officer: Naohide Hakushi

Shareholders

  • Silchester International Investors LLP (15.5%)
  • Nippon Life Insurance Co. (6.5%)
  • Polaris Capital Management LLC (5.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.3%)
  • Nomura Asset Management Co., Ltd. (3.3%)
  • FUJIFILM Holdings Corp. (2.7%)
  • Sumitomo Mitsui Financial Group, Inc. (2.3%)
  • Daicel Corp. (2.3%)
  • Mitsubishi UFJ Financial Group, Inc. (2.1%)
  • The Vanguard Group, Inc. (2.1%)

Contact Details

  • Website:http://www.daicel.com
  • Address: Grand Front Osaka Tower-B, 3-1 Ofuka-cho, Osaka, 530-0011, Japan
  • Phone: +81.6.7639.7171

Related Companies

  • Daicel Miraizu Ltd.
  • PTM Holdings, Inc.
  • PolyplaService Co., Ltd.
  • Daicel Pack Systems Co., Ltd.
  • Daicel Safety Systems, Inc.
  • Daicel Pyrotechnics Ltd.
  • DAICEL ChemTech, Inc.
  • Daicel Miraizu (Thailand) Co., Ltd.
  • Daicel Safety Technologies (THAILAND) Co., Ltd
  • Daicel Micro Optics Co., Ltd.
  • Daicel Chiral Technologies (China) Co., Ltd.
  • Daicel Safety Systems India Pvt Ltd.
  • Daicel Safety Systems Korea, Inc.
  • PI-CRYSTAL, Inc.
  • Lomapharm GmbH
  • Daicel Restricted Stock Compensation Plan
  • Lomapharm Rudolf Lohmann GmbH KG
  • Daicel International Finance BV
  • Daicel Prosperity (China) Ltd.
  • Daicel (China) Investment Co., Ltd.
  • Daicel Safety Systems (Thailand) Co., Ltd.
  • Daicel Safety Systems (Jiangsu) Co., Ltd.
  • Polyplastics Europe GmbH
  • Unitika Ltd. /Living Health Business/
  • Daicel Employee Stock Ownership Plan
  • Daicel Trading (Shanghai) Ltd.
  • Daicel Miraizu (Hong Kong) Ltd.
  • Ningbo Da-An Chemical Industries Co., Ltd
  • PTM Engineering Plastics (Nantong) Co., Ltd.
  • Daicel America Holdings, Inc.

Competitors

  • Eastman Chemical Company
  • Borregaard ASA
  • Ingevity Corporation
  • Celanese Corporation
Last Updated on 16 Aug, 2022

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more