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

Kuraray Co., Ltd.

Business Summary

Kuraray Co., Ltd. engages in the manufacture and sale of functional resins, chemicals, textiles, medical products, and synthetic fibers. It operates through the following segments: Vinyl Acetate, Isoprene, Functional Materials, Fibers and Textiles, Trading, and Others. The Vinyl Acetate segment domestically produces polyvinyl alcohol (PVA) resin, optical PVA film, and EVAL gas barrier. The Isoprene segment manufactures isoprene, fine chemicals, GENESTAR, SEPTON, liquid rubber, KURARITY acrylic thermoplastic elastomer, and others. The Functional Materials segment offers methacrylic resin, CLARINO, and dental materials in medical business. The Fibers and Textiles segment sells KURALON, polyester staple, KURAFLEX, hook and loop fasteners, and others. The Trading segment includes importing and exporting as well as the wholesaling of fibers and textiles such as polyester filament and chemicals. The Others segment deals with activated carbon, aqua, and engineering business. The company was founded on June 24, 1926 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2020 JPYUSD
Revenue541,797M5,074.50M
Gross Profit166,703M1,561.34M
Operating income44,342M415.30M
Income before tax9,127M85.48M
Net income2,571M24.08M
EBITDA106,801M1,000.30M
Diluted EPS7.460.06
Dividends Per Share400.37
Total Assets1,051.58B10,185.32M
Total liabilities536,099M5,192.49M
Total equity499,127M4,834.39M
Operating cash flow79,947M748.78M
Currency in JPYCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 485,192M 518,442M 602,996M 575,807M 541,797M
Gross Profit 168,738M 181,141M 193,870M 182,123M 166,703M
Operating income 67,828M 76,353M 65,795M 54,174M 44,342M
Income before tax 60,512M 69,377M 50,041M 2,893M 9,127M
Net income 40,400M 54,460M 33,561M -1,955M 2,571M
EBITDA 109,383M 119,318M 122,493M 112,332M 106,801M
Diluted EPS 114.75 154.44 95.85 -5.65 7.46
Dividends Per Share 41 42 42 42 40
Total Assets 725,433M 776,735M 947,095M 991,149M 1,051.58B
Total liabilities 204,451M 211,244M 380,058M 452,600M 536,099M
Total equity 513,678M 557,507M 556,026M 525,816M 499,127M
Operating cash flow 93,923M 84,606M 75,171M 95,577M 79,947M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 4,465.27M 4,623.42M 5,459.80M 5,282.10M 5,074.50M
Gross Profit 1,552.91M 1,615.40M 1,755.38M 1,670.68M 1,561.34M
Operating income 624.22M 680.91M 595.73M 496.95M 415.30M
Income before tax 556.89M 618.69M 453.09M 26.53M 85.48M
Net income 371.80M 485.67M 303.87M -17.93M 24.08M
EBITDA 1,006.66M 1,064.06M 1,109.10M 1,030.46M 1,000.30M
Diluted EPS 1.05 1.37 0.86 -0.05 0.06
Dividends Per Share 0.37 0.37 0.38 0.38 0.37
Total Assets 6,219.68M 6,895.11M 8,632.32M 9,120.30M 10,185.32M
Total liabilities 1,752.91M 1,875.22M 3,464.04M 4,164.71M 5,192.49M
Total equity 4,404.14M 4,949.01M 5,067.91M 4,838.42M 4,834.39M
Operating cash flow 864.38M 754.51M 680.63M 876.76M 748.78M

Valuation Measures

Dec 2020
PER146.78
ROA0.25%
ROE0.50%
Operating margin8.18%
Profit margin0.47%

Key executives

  • President & Representative Director: Hitoshi Kawahara
  • Executive Officer & Manager-Monosol Business: Paul Scott Bening
  • Director & Head-Administration: Keiji Taga
  • Director & Senior Managing Executive Officer: Yoshimasa Sano
  • Representative Director: Hiroaya Hayase

Shareholders

  • Nomura Asset Management Co., Ltd. (6.3%)
  • Asset Management One Co., Ltd. (3.9%)
  • National Mutual Insurance Fed. of Agricultural Cooperatives (3.0%)
  • Kuraray Co., Ltd. (3.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.9%)
  • Nippon Life Insurance Co. (2.9%)
  • Nikko Asset Management Co., Ltd. (2.9%)
  • Daiwa Asset Management Co. Ltd. (2.6%)
  • The Vanguard Group, Inc. (2.3%)
  • Meiji Yasuda Life Insurance Co. (1.6%)

Contact Details

  • Website:http://www.kuraray.co.jp
  • Address: Ote Center Building, 1-1-3 Ote-machi, Tokyo, 100-8115, Japan
  • Phone: +81.3.6701.1209

Related Companies

  • Kuraray Restricted Stock Compensation Plan
  • Kuraray Advanced Chemicals (Thailand) Co., Ltd.
  • Kuraray Specialities (Thailand) Co., Ltd.
  • Kuraray Okayama Spinning Co., Ltd.
  • Kuraray Tamashima Co., Ltd.
  • Kuraray Travel Service Co., Ltd.
  • Techno Soft Co., Ltd.
  • Kuraray Employee Stock Ownership Plan
  • Kuraray Kuraflex Co., Ltd.
  • Kuraray Noritake Dental, Inc.
  • Kuraray Magic Tape (Shanghai) Co. Ltd.
  • Kuraray Korea Ltd.
  • Kuraray Chile SpA
  • Kuraray Middle East FZE
  • Kuraray Malaysia Sdn. Bhd.
  • Kuraray Methacrylate (Zhang Jia Gang) Co., Ltd.
  • OOO Trosifol
  • Kuraray Dental Benelux BV
  • Kuraray Argentina SRL
  • Kuraray Colombia SAS
  • Kuraray China Co., Ltd.
  • Kuraray South America Ltda.
  • Kuraray Chemical (Ningxia) Environmental Industry Co. Ltd.
  • Kuraray Mexico S de RL de CV
  • Kuraray India Pvt Ltd.
  • Kuraray Hong Kong Co., Ltd.
  • Kuraray (Shanghai) Co., Ltd.
  • Kuraray (Thailand) Co. Ltd.
  • Kuraray Trading Vietnam Co. Ltd.
  • Kuraray Europe France SARL

Competitors

  • Eastman Chemical Company
  • Ingevity Corporation
  • Celanese Corporation
  • Shanghai PRET Composites Co. Ltd. Class A
  • Advanced Emissions Solutions, Inc.
  • Jiangsu Zhongtian Technology Co., Ltd. Class A
  • Midwest Energy Emissions Corp.
Last Updated on 1 Dec, 2021

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