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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 2020 JPYUSD
Revenue302,150M2,779.00M
Gross Profit54,662M502.75M
Operating income11,108M102.16M
Income before tax15,748M144.84M
Net income11,094M102.03M
EBITDA39,761M365.69M
Diluted EPS278.202.55
Dividends Per Share1801.65
Total Assets475,641M4,405.91M
Total liabilities149,533M1,385.14M
Total equity319,698M2,961.40M
Operating cash flow37,499M344.89M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 323,124M 293,970M 313,939M 338,869M 302,150M
Gross Profit 70,900M 61,467M 67,616M 67,810M 54,662M
Operating income 30,850M 20,755M 25,243M 25,212M 11,108M
Income before tax 34,988M 24,471M 29,805M 32,119M 15,748M
Net income 26,003M 19,361M 22,640M 23,849M 11,094M
EBITDA 49,236M 38,712M 48,161M 50,838M 39,761M
Diluted EPS 640.70 478.36 567.72 598.04 278.20
Dividends Per Share 150 150 160 170 180
Total Assets 407,997M 433,610M 480,316M 481,668M 475,641M
Total liabilities 125,512M 141,334M 164,127M 152,441M 149,533M
Total equity 278,834M 288,671M 309,073M 323,008M 319,698M
Operating cash flow 53,264M 37,474M 44,206M 35,918M 37,499M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 2,690.80M 2,714.71M 2,832.55M 3,055.77M 2,779.00M
Gross Profit 590.41M 567.62M 610.07M 611.48M 502.75M
Operating income 256.90M 191.66M 227.75M 227.35M 102.16M
Income before tax 291.36M 225.98M 268.91M 289.63M 144.84M
Net income 216.53M 178.79M 204.27M 215.05M 102.03M
EBITDA 410.01M 357.49M 434.53M 458.43M 365.69M
Diluted EPS 5.33 4.41 5.12 5.39 2.55
Dividends Per Share 1.24 1.38 1.44 1.53 1.65
Total Assets 3,630.02M 3,891.32M 4,516.36M 4,351.70M 4,405.91M
Total liabilities 1,116.70M 1,268.36M 1,543.27M 1,377.25M 1,385.14M
Total equity 2,480.83M 2,590.60M 2,906.18M 2,918.26M 2,961.40M
Operating cash flow 443.55M 346.06M 398.85M 323.89M 344.89M

Valuation Measures

Mar 2020
PER17.79
ROA2.31%
ROE3.45%
Operating margin3.67%
Profit margin3.67%

Key executives

  • President & Representative Director: Yujiro Goto
  • Director & Head-Operations: Koichiro Yamada
  • Executive Officer & General Manager-Finance: Takashi Kobayashi
  • Director, Head-Technology & Engineering: Jiro Iriguchi
  • Representative Director & Senior Head-IT: Masao Yamamoto

Shareholders

  • Silchester International Investors LLP (9.4%)
  • Sumitomo Chemical Co., Ltd. (6.6%)
  • ENEOS Holdings, Inc. (5.2%)
  • T. Rowe Price International Ltd. (4.1%)
  • National Mutual Insurance Fed. of Agricultural Cooperatives (3.9%)
  • Resona Holdings, Inc. (3.3%)
  • Sanyo Chemical Industries, Ltd. (3.1%)
  • Mizuho Financial Group, Inc. (2.5%)
  • Asset Management One Co., Ltd. (2.4%)
  • Nippon Shokubai Co., Ltd. (2.2%)

Contact Details

Related Companies

  • Umicore Shokubai Japan Co., Ltd.
  • Nippon Shokubai America Industries, Inc.
  • Umicore Shokubai SA
  • 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

  • Evonik Industries AG
  • BASF SE
  • Arkema SA
  • Oriental Union Chemical Corp.
Last Updated on 25 Sep, 2020

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