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Process Industries

Nippon Soda Co., Ltd.

Business Summary

Nippon Soda Co., Ltd. engages in the chemical business. It operates through the following segments: Chemicals, Agro Products, Trading, Transportation and Warehousing, Construction, and Others. The Chemicals segment deals with the manufacture and sale of industrial chemicals, chemical products, functional materials, eco care, pharmaceuticals and intermediates, and industrial fungicides. The Agro Products segment manufactures and sells sanitizing agents, insecticides, pesticides, and industrial sanitizers. The Trading Segment covers the domestic sale, import, and export of chemicals, functional products, synthetic resin, industrial machineries, and building products. The Transportation and Warehousing segment provides transportation and warehousing services. The Construction segment handles plant construction and civil engineering works. The Others segment deals with non-ferrous metal and environmental development businesses. The company was founded by Tomonori Nakano on February 1, 1920 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue139,363M1,314.03M
Gross Profit37,519M353.76M
Operating income9,980M94.09M
Income before tax9,351M88.16M
Net income7,360M69.39M
EBITDA17,667M166.57M
Diluted EPS255.142.40
Dividends Per Share1101.03
Total Assets227,975M2,063.12M
Total liabilities78,769M712.84M
Total equity145,769M1,319.17M
Operating cash flow13,821M130.31M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 128,647M 141,230M 145,663M 144,739M 139,363M
Gross Profit 32,178M 35,702M 35,961M 36,478M 37,519M
Operating income 4,442M 6,392M 7,907M 8,136M 9,980M
Income before tax 10,506M 8,611M 8,531M 8,027M 9,351M
Net income 8,785M 6,379M 5,803M 6,760M 7,360M
EBITDA 11,997M 13,158M 15,108M 15,950M 17,667M
Diluted EPS 287.05 211.31 192.25 224.25 255.14
Dividends Per Share 60 60 60 80 110
Total Assets 217,302M 219,457M 216,212M 210,556M 227,975M
Total liabilities 79,230M 74,652M 71,292M 66,114M 78,769M
Total equity 135,371M 141,810M 141,770M 141,293M 145,769M
Operating cash flow 41,236M 12,085M 11,677M 12,449M 13,821M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,188.01M 1,274.26M 1,313.52M 1,331.22M 1,314.03M
Gross Profit 297.15M 322.12M 324.28M 335.50M 353.76M
Operating income 41.02M 57.67M 71.30M 74.83M 94.09M
Income before tax 97.01M 77.69M 76.92M 73.82M 88.16M
Net income 81.12M 57.55M 52.32M 62.17M 69.39M
EBITDA 110.78M 118.71M 136.23M 146.69M 166.57M
Diluted EPS 2.65 1.90 1.73 2.06 2.40
Dividends Per Share 0.55 0.54 0.54 0.73 1.03
Total Assets 1,950.12M 2,063.53M 1,953.39M 1,950.40M 2,063.12M
Total liabilities 711.02M 701.94M 644.09M 612.42M 712.84M
Total equity 1,214.85M 1,333.42M 1,280.84M 1,308.81M 1,319.17M
Operating cash flow 380.80M 109.03M 105.29M 114.49M 130.31M

Valuation Measures

Mar 2021
PER13.69
ROA3.35%
ROE5.12%
Operating margin7.16%
Profit margin5.28%

Key executives

  • President & Representative Director: Eiji Aga
  • Director, GM-Research & Development: Izumi Takano
  • Director, Executive Officer & Head-Personnel: Osamu Sasabe
  • Director, Head-Administration & Internal Control: Kiyotaka Machii
  • Auditor: Tateshi Tsujikawa

Shareholders

  • Schroder Investment Management Ltd. (3.9%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.7%)
  • T. Rowe Price International Ltd. (3.7%)
  • Mitsui & Co., Ltd. (3.5%)
  • Nippon Soda Business Association (3.3%)
  • Nippon Soda Co., Ltd. (3.3%)
  • Asset Management One Co., Ltd. (3.2%)
  • Japan Agricultural Cooperatives Group (3.0%)
  • Dimensional Fund Advisors LP (2.9%)
  • Nomura Asset Management Co., Ltd. (2.8%)

Contact Details

Related Companies

  • Japan Agro Service (JAS) SA
  • Nisso BASF Agro Co., Ltd.
  • Summit Agro Vietnam LLC
  • Nisso Chemical India LLP
  • Nisso Chemical Analysis Service Co., Ltd.
  • Nippon Soda Board Incentive Plan
  • Nippon Soda Co. Ltd. (Thailand)
  • Nisso Korea Co., Ltd.
  • Nippon Soda Trading (Shanghai) Co., Ltd.
  • Liling Fine Chemicals Co., Ltd.
  • Nisso Brasileira Representacao Ltda.
  • Nisso Namhae Agro Co., Ltd.
  • Nisso America, Inc.
  • Nisso Fine Co., Ltd.
  • Dow Agrosciences LLC /Tebufenozide Business/
  • Nisso Construction Co., Ltd.
  • Shinfuji Kaseiyaku Co., Ltd.
  • Novus Deutschland GmbH
  • Nisso Chemical Europe GmbH
  • Nisso Green Co., Ltd.
  • Alkaline SAS
  • Nisso Metallochemical Co., Ltd.
  • Iharabras SA Industrias Quimicas
  • Nisso Shoji Co., Ltd.
  • Certis Europe BV
  • Nisso Engineering Co., Ltd.
  • Nippon Soda Business Association
  • Dainippon Ink & Chemical Co. Ltd. /Agrichemical Operation/
  • Novus International, Inc.
  • Sanwa Soko Co., Ltd.

Competitors

  • Amoeba SA
Last Updated on 25 Oct, 2021

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