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Process Industries

Kuraray Co., Ltd.

  • 1,230.00 JPY
  • -5.00
  • -0.40%
  • Japan
    Aug 20, 2019
  • Ticker
    TKS(3405)
  • Prev. close
    1,235
  • Market cap (JPY)
    438,256.56M
  • Market cap (USD)
    4,115.27M
  • Shares
    354.86M

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 2018 JPYUSD
Revenue602,996M5,459.80M
Gross Profit193,870M1,755.38M
Operating income65,795M595.73M
Income before tax50,041M453.09M
Net income33,561M303.87M
EBITDA122,493M1,109.10M
Diluted EPS95.850.86
Dividends Per Share420.38
Total Assets947,116M8,632.51M
Total liabilities380,079M3,464.23M
Total equity556,026M5,067.91M
Operating cash flow75,171M680.63M
Currency in JPYCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 548,542.62M 521,721M 485,192M 518,442M 602,996M
Gross Profit 157,340.93M 167,421M 168,738M 181,141M 193,870M
Operating income 53,730.53M 66,077M 67,828M 76,353M 65,795M
Income before tax 44,893.19M 58,514M 60,512M 69,377M 50,041M
Net income 31,243.90M 35,749M 40,400M 54,460M 33,561M
EBITDA 101,325.08M 110,179M 109,383M 119,318M 122,493M
Diluted EPS 88.98 101.57 114.75 154.44 95.85
Dividends Per Share 63 40 41 42 42
Total Assets 691,538M 701,770M 725,433M 776,735M 947,116M
Total liabilities 209,712M 198,181M 204,451M 211,244M 380,079M
Total equity 475,739M 496,894M 513,678M 557,507M 556,026M
Operating cash flow 40,840M 93,228M 93,923M 84,606M 75,171M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 5,182.26M 4,309.43M 4,465.27M 4,623.42M 5,459.80M
Gross Profit 1,486.45M 1,382.90M 1,552.91M 1,615.40M 1,755.38M
Operating income 507.61M 545.79M 624.22M 680.91M 595.73M
Income before tax 424.12M 483.32M 556.89M 618.69M 453.09M
Net income 295.17M 295.28M 371.80M 485.67M 303.87M
EBITDA 957.25M 910.08M 1,006.66M 1,064.06M 1,109.10M
Diluted EPS 0.84 0.83 1.05 1.37 0.86
Dividends Per Share 0.59 0.33 0.37 0.37 0.38
Total Assets 5,767.86M 5,833.74M 6,219.68M 6,895.11M 8,632.51M
Total liabilities 1,749.13M 1,647.45M 1,752.91M 1,875.22M 3,464.23M
Total equity 3,967.96M 4,130.62M 4,404.14M 4,949.01M 5,067.91M
Operating cash flow 385.82M 770.06M 864.38M 754.51M 680.63M

Valuation Measures

Dec 2018
PER16.13
ROA3.89%
ROE6.02%
Operating margin10.91%
Profit margin5.56%

Key executives

  • President & Representative Director: Masaaki Ito
  • Director & Head-Technology Main Division: Kazuhiro Nakayama
  • Executive Officer & Manager-WS Film Business: Paul Scott Bening
  • Director & Senior Managing Executive Officer: Kazuhiko Kugawa
  • Representative Director: Sadaaki Matsuyama

Shareholders

  • Nomura Asset Management Co., Ltd. (5.8%)
  • Asset Management One Co., Ltd. (4.7%)
  • National Mutual Insurance Fed. of Agricultural Cooperatives (3.0%)
  • Nippon Life Insurance Co. (2.9%)
  • Nikko Asset Management Co., Ltd. (2.7%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.7%)
  • The Vanguard Group, Inc. (2.5%)
  • Kuraray Co., Ltd. (2.4%)
  • Daiwa Asset Management Co. Ltd. (2.4%)
  • 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 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
  • Kuraray Europe Italia SRL
  • Kuraray Europe Nordic AB Oy
  • Kuraray Europe Moravia sro
  • Du Pont Ei De Nemours & Co. /Glass Laminating Sol Vinyls Bus/
  • Kuraray Noritake Dental Holdings KK
  • Kuraray Asia Pacific Pte Ltd.
  • Kuraray Trading Co., Ltd.
  • Iruma Country Club Co. Ltd.

Competitors

  • Eastman Chemical Company
  • Ingevity Corporation
  • Celanese Corporation
  • Advanced Emissions Solutions, Inc.
  • Midwest Energy Emissions Corp.
Last Updated on 20 Aug, 2019

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