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Process Industries

JSR Corp.

Business Summary

JSR Corp. engages in the manufacture and sale of synthetic rubber and fine chemical materials. It operates through the following segments: Elastomers, Synthetic Resin, Digital Solution, Life Science and Others. The Elastomers segment produces and merchandises general purpose synthetic rubber for automobile tires, special high performance rubber for automotive components, thermoplastic elastomers for plastic enhancements, and emulsion for paper coating. The Synthetic Resin segment manufactures and sells Acrylonitrile, Butadiene, and Styrene (ABS) plastic for office automation equipment and amusement application. The Digital Solution segment produces and markets semiconductor, display, and optical materials. The Life Science segment handles diagnostics, research reagents and related materials, and bio process manufacturing and development consignment. The Others segment covers lithium ion capacitor business. The company was founded on December 8, 1948 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue446,609M4,211.01M
Gross Profit127,387M1,201.11M
Operating income28,292M266.76M
Income before tax-58,298M-549.68M
Net income-55,155M-520.04M
EBITDA57,769M544.69M
Diluted EPS-256.72-2.42
Dividends Per Share600.56
Total Assets672,773M6,088.44M
Total liabilities302,038M2,733.37M
Total equity333,995M3,022.57M
Operating cash flow70,403M663.81M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 388,455M 421,930M 495,354M 471,967M 446,609M
Gross Profit 113,874M 127,814M 143,686M 136,108M 127,387M
Operating income 34,274M 43,173M 45,393M 36,396M 28,292M
Income before tax 38,294M 46,206M 46,408M 32,629M -58,298M
Net income 30,243M 33,230M 32,953M 22,352M -55,155M
EBITDA 49,032M 60,146M 67,634M 62,755M 57,769M
Diluted EPS 134.77 148.89 140.27 104.18 -256.72
Dividends Per Share 50 50 60 60 60
Total Assets 578,484M 647,699M 691,435M 677,713M 672,773M
Total liabilities 202,120M 236,083M 251,076M 240,303M 302,038M
Total equity 361,889M 393,499M 401,998M 396,793M 333,995M
Operating cash flow 44,494M 43,596M 30,940M 54,228M 70,403M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 3,587.25M 3,806.91M 4,466.88M 4,340.89M 4,211.01M
Gross Profit 1,051.58M 1,153.21M 1,295.69M 1,251.84M 1,201.11M
Operating income 316.50M 389.53M 409.33M 334.75M 266.76M
Income before tax 353.63M 416.89M 418.48M 300.10M -549.68M
Net income 279.28M 299.82M 297.15M 205.58M -520.04M
EBITDA 452.79M 542.67M 609.89M 577.18M 544.69M
Diluted EPS 1.24 1.34 1.26 0.95 -2.42
Dividends Per Share 0.46 0.45 0.54 0.55 0.56
Total Assets 5,191.45M 6,090.25M 6,246.87M 6,277.73M 6,088.44M
Total liabilities 1,813.87M 2,219.86M 2,268.38M 2,225.95M 2,733.37M
Total equity 3,247.68M 3,700.03M 3,631.91M 3,675.54M 3,022.57M
Operating cash flow 410.88M 393.35M 279.00M 498.75M 663.81M

Valuation Measures

Mar 2021
PER--
ROA-8.16%
ROE-15.09%
Operating margin6.33%
Profit margin-12.34%

Key executives

  • Chief Executive Officer & Representative Director: Eric R. Johnson
  • President, COO & Representative Director: Nobuo Kawahashi
  • Director, Head-Finance & Public Relations: Hideki Miyazaki
  • Executive Officer: Eiichi Kobayashi
  • Executive Officer & Head-Secretariat: Yasufumi Fujii

Shareholders

  • ValueAct Capital Management LP (9.2%)
  • Asset Management One Co., Ltd. (5.2%)
  • JSR Corp. (4.9%)
  • Nomura Asset Management Co., Ltd. (4.9%)
  • Eastspring Investments (Singapore) Ltd. (4.8%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.1%)
  • Bridgestone Corp. (2.8%)
  • The Vanguard Group, Inc. (1.9%)
  • Nippon Life Insurance Co. (1.6%)
  • Meiji Yasuda Life Insurance Co. (1.6%)

Contact Details

  • Website:http://www.jsr.co.jp
  • Address: Shiodome Sumitomo Building, 22/F, 1-9-2 Higashi-Shinbashi, Tokyo, 105-0021, Japan
  • Phone: +81.3.6218.3500

Related Companies

  • JSR Corp. /Elastomer Business/
  • Japan Fine Coatings Co., Ltd.
  • CMIC JSR Biologics Co., Ltd.
  • Jey-Trans Co., Ltd.
  • JSR Logistics & Customer Center Co., Ltd.
  • JSR Business Services Co., Ltd.
  • JN System Partners Co., Ltd.
  • Elastomix Mexico SA de CV
  • JSR Elastomer Korea Co., Ltd.
  • JSR Elastomer India Pvt Ltd.
  • Techno-UMG Asia Co., Ltd.
  • Techno-UMG Europe GmbH
  • Techno-UMG Shanghai Co., Ltd.
  • Techno-UMG Shanghai Technical Center Co., Ltd.
  • Techno-UMG Guangzhou Co., Ltd.
  • JSR Micro (Changshu) Co., Ltd.
  • MBL Hangzhou Biotech Co., Ltd.
  • JSR Trading Vietnam Co., Ltd.
  • JSR Trading Bangkok Co., Ltd.
  • JSRT Mexico SA de CV
  • JSR Life Sciences LLC
  • JSR North America Holdings, Inc.
  • JSR Elastomer Europe GmbH
  • JSR Restricted Stock Compensation Plan
  • Lexi Co., Ltd.
  • Crown Bioscience International
  • JM Energy Co. Ltd.
  • JSR (Shanghai) Co., Ltd.
  • JSR MOL Synthetic Rubber Ltd.
  • Elastomix (Foshan) Co., Ltd.

Competitors

  • Trinseo SA
  • DuPont de Nemours, Inc.
  • DuPont de Nemours, Inc.
  • Topco Scientific Co., Ltd.
  • PanGen Biotech, Inc.
Last Updated on 26 Jul, 2021

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