Process Industries

Kaneka Corp.

Business Summary

Kaneka Corp. engages in the manufacture and sale of chemicals, synthetic resins, and plastics. It operates through the following segments: Material Solutions, Quality of Life Solutions, Health Care Solutions, Nutrition Solutions and Others. The Material Solutions segment covers biodegradable polymers, materials that support the development of social infrastructure and mobility which includes the weight reduction and fuel efficiency improvement. The Quality of Life Solutions segment handles energy saving needs such as housing and living infrastructure, and development of Internet of things (IoT) and artificial intelligence (AI). The Health Care Solutions segment offers solutions through the fusion of devices and medicines, and develops healthcare business based on biopharmaceuticals and regenerative and cellular medicines. The Nutrition Solutions segment provides materials and supplement solutions to food production support in livestock and fishery industries. The Others segment provides agency services for property and life insurance. The company was founded on September 1, 1949 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2023	JPY	USD
Revenue	755,821M	5,577.29M
Gross Profit	197,779M	1,459.43M
Operating income	33,941M	250.45M
Income before tax	32,373M	238.88M
Net income	23,008M	169.77M
EBITDA	73,397M	541.60M
Diluted EPS	348.65	2.57
Dividends Per Share	110	0.81
Total Assets	782,640M	5,880.53M
Total liabilities	346,214M	2,601.35M
Total equity	417,995M	3,140.69M
Operating cash flow	28,710M	211.85M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	621,043M	601,514M	577,426M	691,530M	755,821M
Gross Profit	169,419M	162,222M	160,907M	190,432M	197,779M
Operating income	36,042M	24,972M	27,545M	43,564M	33,941M
Income before tax	31,909M	19,797M	22,201M	36,405M	32,373M
Net income	22,239M	14,004M	15,831M	26,488M	23,008M
EBITDA	68,646M	59,856M	64,351M	82,074M	73,397M
Diluted EPS	338.60	214.28	242.13	404.96	348.65
Dividends Per Share	100	100	100	110	110
Total Assets	659,587M	653,262M	667,429M	726,959M	782,640M
Total liabilities	298,859M	299,164M	286,387M	314,752M	346,214M
Total equity	337,424M	331,966M	357,616M	387,769M	417,995M
Operating cash flow	41,113M	39,983M	74,040M	34,106M	28,710M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	5,600.29M	5,532.39M	5,444.46M	6,153.89M	5,577.29M
Gross Profit	1,527.74M	1,492.02M	1,517.16M	1,694.64M	1,459.43M
Operating income	325.01M	229.67M	259.71M	387.67M	250.45M
Income before tax	287.74M	182.08M	209.33M	323.96M	238.88M
Net income	200.54M	128.80M	149.26M	235.71M	169.77M
EBITDA	619.01M	550.52M	606.75M	730.37M	541.60M
Diluted EPS	3.05	1.97	2.28	3.60	2.57
Dividends Per Share	0.90	0.91	0.94	0.97	0.81
Total Assets	5,959.13M	6,051.24M	6,040.08M	5,989.36M	5,880.53M
Total liabilities	2,700.08M	2,771.19M	2,591.73M	2,593.21M	2,601.35M
Total equity	3,048.50M	3,075.04M	3,236.34M	3,194.80M	3,140.69M
Operating cash flow	370.73M	367.74M	698.11M	303.50M	211.85M

Valuation Measures

Mar 2023
PER	9.86
ROA	3.04%
ROE	5.71%
Operating margin	4.49%
Profit margin	3.04%

Key executives

President & Representative Director: Minoru Tanaka
Director, Head-Investor Relations & Finance: Shinobu Ishihara
Director, Senior Executive Officer & Head-Research: Mamoru Kadokura
Director, VP, Head-Raw Materials & Personnel: Shinichiro Kametaka
Director, VP & Head-New Business Development: Kazuhiko Fujii

Shareholders

Nippon Life Insurance Co. (4.5%)
Kaneka Corp. (4.5%)
Sumitomo Mitsui Financial Group, Inc. (4.5%)
Mitsubishi UFJ Financial Group, Inc. (4.2%)
Meiji Yasuda Life Insurance Co. (4.1%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.5%)
Eastspring Investments (Singapore) Ltd. (3.4%)
MS&AD Insurance Group Holdings, Inc. (3.0%)
The Vanguard Group, Inc. (2.3%)
Dimensional Fund Advisors LP (2.1%)

Contact Details

Website:http://www.kaneka.co.jp
Address: Nakanoshima Festival Tower, 35/F, 2-3-18 Nakanoshima, Osaka, 530-8288, Japan
Phone: +81.6.6266.5050

Related Companies

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Kaneka Solar Marketing Corp.
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Kaneka Hokkaido Corp.
Kaneka Your Health Care Co., Ltd.
OLED Aomori Co., Ltd.
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Kaneka MS Malaysia Sdn. Bhd.
Cemedine North America LLC
Eurogentec North America, Inc.
TGA Pastry Co. Pty Ltd.
Showa Global Ltd.
Kaneka (Thailand) Co., Ltd.
Dalian Showa Plastic Co., Ltd.
Eurogentec Nederland BV
Eurogentec Proteomics GmbH
Eurogentec Deutschland GmbH
Kaneka Medical Tech Corp.
Kaneka Foam Plastics Co., Ltd.
Kaneka Pension Fund
Showa Global (Thailand) Co., Ltd
Kaneka Employee Incentive Plan
Kaneka Europe Holding Co. NV
Vienex Corp.
Kaneka Medical Vietnam Co., Ltd.
Kaneka Taiwan Corp.

Competitors

Avantium N.V.
Huntsman Corporation
Shandong Ruifeng Chemical Co., Ltd. Class A
Danimer Scientific, Inc. Class A
Rayitek Hi-Tech Film Company Ltd., Class A
Taimide Tech, Inc.
GeneOne Life Science, Inc.
CytoSorbents Corporation
Travere Therapeutics, Inc.
Yield10 Bioscience, Inc.

Last Updated on 8 Jun, 2023