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Process Industries

Nippon Shokubai Co., Ltd.

Business Summary

Nippon Shokubai Co., Ltd. engages in the manufacture and sale of industrial chemicals and catalysts. It operates through the following segments: Basic Chemicals, Functional Chemicals, and Environment & Catalysts. The Basic Chemicals segment offers acrylic acid, acrylic ester, ethylene oxide, glycol, ethanolamine, higher alcohol surfactant, and glycol ether. The Functional Chemicals segment covers super-absorbent polymers, pharmaceutical intermediates, polymers for concrete admixture, electronic and information materials, iodine, maleic anhydride, resins for paints and adhesives, plastic molded products, and processed adhesive materials. The Environment & Catalysts segment deals with exhaust gas treatment equipment, fuel cell materials, and catalysts. The company was founded on August 21, 1941 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue369,293M3,286.32M
Gross Profit79,113M704.02M
Operating income28,715M255.53M
Income before tax30,313M269.75M
Net income23,720M211.08M
EBITDA57,590M512.49M
Diluted EPS594.855.29
Dividends Per Share1801.60
Total Assets518,151M4,269.00M
Total liabilities167,028M1,376.13M
Total equity343,882M2,833.21M
Operating cash flow35,058M311.97M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 313,939M 338,869M 302,150M 273,163M 369,293M
Gross Profit 67,616M 67,810M 54,662M 49,276M 79,113M
Operating income 25,243M 25,212M 11,108M 6,131M 28,715M
Income before tax 29,805M 32,119M 15,748M -14,367M 30,313M
Net income 22,640M 23,849M 11,094M -10,899M 23,720M
EBITDA 48,161M 50,838M 39,761M 35,601M 57,590M
Diluted EPS 567.72 598.04 278.20 -273.32 594.85
Dividends Per Share 160 170 180 90 180
Total Assets 480,316M 481,668M 475,641M 471,617M 518,151M
Total liabilities 164,127M 152,441M 149,533M 147,893M 167,028M
Total equity 309,073M 323,008M 319,698M 317,373M 343,882M
Operating cash flow 44,206M 35,918M 37,499M 35,277M 35,058M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 2,832.55M 3,055.77M 2,779.00M 2,575.61M 3,286.32M
Gross Profit 610.07M 611.48M 502.75M 464.61M 704.02M
Operating income 227.75M 227.35M 102.16M 57.80M 255.53M
Income before tax 268.91M 289.63M 144.84M -135.46M 269.75M
Net income 204.27M 215.05M 102.03M -102.76M 211.08M
EBITDA 434.53M 458.43M 365.69M 335.67M 512.49M
Diluted EPS 5.12 5.39 2.55 -2.57 5.29
Dividends Per Share 1.44 1.53 1.65 0.84 1.60
Total Assets 4,516.36M 4,351.70M 4,405.91M 4,268.02M 4,269.00M
Total liabilities 1,543.27M 1,377.25M 1,385.14M 1,338.39M 1,376.13M
Total equity 2,906.18M 2,918.26M 2,961.40M 2,872.15M 2,833.21M
Operating cash flow 398.85M 323.89M 344.89M 332.62M 311.97M

Valuation Measures

Mar 2022
PER8.96
ROA4.79%
ROE7.17%
Operating margin7.77%
Profit margin6.42%

Key executives

  • President & Representative Director: Kazuhiro Noda
  • Executive Officer & General Manager-Finance: Shigeru Harada
  • Representative Director & Head-Technology: Jiro Iriguchi
  • Director, GM-Personnel & Senior Head-IT: Kuniaki Takagi
  • Director, Head-Research & Development: Yasutaka Sumita

Shareholders

  • Silchester International Investors LLP (13.5%)
  • Sumitomo Chemical Co., Ltd. (6.6%)
  • ENEOS Holdings, Inc. (5.2%)
  • Resona Holdings, Inc. (3.3%)
  • Sanyo Chemical Industries, Ltd. (3.1%)
  • Mizuho Financial Group, Inc. (2.5%)
  • Nomura Asset Management Co., Ltd. (2.2%)
  • Toyo Ink SC Holdings Co. Ltd. (2.2%)
  • Nippon Shokubai Co., Ltd. (2.1%)
  • The Vanguard Group, Inc. (1.9%)

Contact Details

Related Companies

  • Nippon Shokubai Board Incentive Plan
  • Nippon Shokubai America Industries, Inc.
  • Nisshoku Trading (Shanghai) Co. Ltd.
  • Rena Therapeutics, Inc.
  • Nisshoku Chemical Industry (Zhangjiagang) Co., Ltd.
  • Nippon Shokubai Pension Fund
  • Nippon Shokubai (Asia) Pte Ltd.
  • Japan-Singapore EOG Co., Ltd.
  • Nippon Polymer Industries Co., Ltd.
  • Nihon Methacryl Monomer Co., Ltd.
  • Sirrus, Inc.
  • Nihon Jyoryu Kogyo Co., Ltd.
  • Shinritsu Co. Ltd.
  • Nisshoku Engineering Service KK
  • Tokyo Fine Chemical Co., Ltd.
  • Chugoku Kako Co., Ltd.
  • Sino-Japan Chemical Co., Ltd.
  • Nippon Nyukazai Co. Ltd.
  • Sumitomo Chemical Co. Ltd. /Acryl Ate Ops/
  • Nisshoku Butsuryu Co., Ltd.
  • Sumika Glacial Acrylic Pte Ltd
  • Singapore Acrylic Pte Ltd

Competitors

  • BASF SE
  • Arkema SA
  • Oriental Union Chemical Corp.
Last Updated on 4 Oct, 2022

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