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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 2019 JPYUSD
Revenue464,859M4,191.89M
Gross Profit133,534M1,204.15M
Operating income49,873M449.73M
Income before tax53,734M484.54M
Net income35,302M318.33M
EBITDA82,221M741.43M
Diluted EPS105.370.95
Dividends Per Share320.28
Total Assets654,791M5,915.80M
Total liabilities231,548M2,091.95M
Total equity393,598M3,556.01M
Operating cash flow58,523M527.73M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 443,775M 449,878M 440,061M 462,956M 464,859M
Gross Profit 116,644M 134,497M 137,521M 138,030M 133,534M
Operating income 51,303M 64,349M 64,306M 58,933M 49,873M
Income before tax 52,947M 63,491M 64,373M 59,229M 53,734M
Net income 31,252M 40,313M 43,198M 37,062M 35,302M
EBITDA 76,936M 90,318M 95,142M 91,889M 82,221M
Diluted EPS 88.95 115.02 124.61 107.81 105.37
Dividends Per Share 21 26 30 32 32
Total Assets 565,332M 560,190M 599,708M 640,284M 654,791M
Total liabilities 209,155M 191,470M 200,275M 226,739M 231,548M
Total equity 324,167M 337,424M 369,620M 384,876M 393,598M
Operating cash flow 57,412M 65,419M 86,168M 66,888M 58,523M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 4,039.58M 3,746.35M 4,063.82M 4,177.08M 4,191.89M
Gross Profit 1,061.78M 1,120.02M 1,269.96M 1,245.39M 1,204.15M
Operating income 467.00M 535.86M 593.84M 531.73M 449.73M
Income before tax 481.96M 528.72M 594.46M 534.40M 484.54M
Net income 284.48M 335.70M 398.91M 334.39M 318.33M
EBITDA 700.33M 752.12M 878.60M 829.08M 741.43M
Diluted EPS 0.80 0.95 1.15 0.97 0.95
Dividends Per Share 0.19 0.21 0.27 0.28 0.28
Total Assets 4,714.04M 4,984.11M 5,381.92M 6,020.53M 5,915.80M
Total liabilities 1,744.04M 1,703.54M 1,797.31M 2,132.00M 2,091.95M
Total equity 2,703.08M 3,002.12M 3,317.06M 3,618.95M 3,556.01M
Operating cash flow 522.60M 544.77M 795.73M 603.50M 527.73M

Valuation Measures

Mar 2019
PER11.40
ROA5.45%
ROE9.06%
Operating margin10.72%
Profit margin7.59%

Key executives

  • President & Representative Director: Yoshimi Ogawa
  • Director, Managing Executive Officer, GM-R&D: Hisao Nishimura
  • Executive Officer: Shinji Fujita
  • Representative Director: Kotaro Sugimoto
  • Director & Managing Executive Officer: Hisanori Imanaka

Shareholders

  • Nippon Life Insurance Co. (5.9%)
  • Toyota Motor Corp. (4.5%)
  • BlackRock Fund Advisors (2.8%)
  • Daicel Corp. (2.8%)
  • FUJIFILM Holdings Corp. (2.5%)
  • Nomura Asset Management Co., Ltd. (2.4%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.4%)
  • National Mutual Insurance Fed. of Agricultural Cooperatives (2.3%)
  • The Vanguard Group, Inc. (2.2%)
  • Sumitomo Mitsui Financial 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 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.
  • Unitika Ltd. /Living Health Business/
  • Daicel Employee Stock Ownership Plan
  • Daicel Polymer (Hong Kong) Ltd.
  • Ningbo Da-An Chemical Industries Co., Ltd
  • Daicel (U.S.A.), Inc.
  • Chiral Technologies, Inc.
  • Daicel Ohtake Sangyo Co., Ltd.
  • Daicel Pension Fund
  • Daicel Chemical (Asia) Pte Ltd.
  • Kyodo Sakusan Co. Ltd.
  • Daicel FineChem Ltd.
  • Daicel Polymer Ltd.
  • Daicel Butsuryu KK
  • Dainichi Chemical Co. Ltd.
  • Daicen Membrane Systems Ltd.
  • Japan Shot Shell Ltd.
  • Daicel Arai ChemicalLtd
  • Shanghai Daicel Polymers Ltd.
  • Daicel (Europa) GmbH
  • Daicel Safety Systems America LLC
  • Chiral Technologies Europe SAS
  • Mikuni Plastic Co. Ltd.
  • Ticona /German & U.S. Polymer Business/

Competitors

  • Eastman Chemical Company
  • Kolon Industries, Inc.
  • Celanese Corporation
  • Kolon Corporation
  • Ingevity Corporation
Last Updated on 18 Oct, 2019

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