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Process Industries

Nissan Chemical Corp.

Business Summary

Nissan Chemical Corp. engages in the manufacture and sale of industrial chemicals. It operates through the following segments: Chemicals, Functional Materials, Agrochemicals, Pharmaceuticals, Wholesale Business, and Others. The Chemicals segment deals with fine and basic chemicals such as melamine, sulfuric and nitric acid, ammonia, epoxy compound for sealants, flame retardants, and sterilizers. The Functional Materials segment produces display, semiconductor, and inorganic materials. The Agrochemicals segment markets herbicide, insecticide, fungicide, plant growth regulators, and veterinary drug substances. The Pharmaceuticals segment offers anti-cholesterol agents and custom chemicals. The Wholesale Business segment handles chemical trading. The Others segment includes fertilizer, transportation, landscaping, and engineering businesses. The company was founded by Jokichi Takamine, Eiichi Shibusawa, and Takashi Masuda in February 1887 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue207,972M1,850.73M
Gross Profit97,238M865.31M
Operating income50,960M453.49M
Income before tax54,160M481.96M
Net income38,777M345.07M
EBITDA61,182M544.45M
Diluted EPS271.872.41
Dividends Per Share1221.08
Total Assets279,687M2,304.32M
Total liabilities71,674M590.51M
Total equity205,912M1,696.49M
Operating cash flow41,949M373.30M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 193,389M 204,896M 206,837M 209,121M 207,972M
Gross Profit 76,245M 81,526M 81,101M 84,117M 97,238M
Operating income 34,989M 37,092M 38,648M 42,531M 50,960M
Income before tax 36,235M 39,098M 41,003M 45,481M 54,160M
Net income 27,143M 29,373M 30,780M 33,470M 38,777M
EBITDA 45,499M 48,007M 49,192M 52,955M 61,182M
Diluted EPS 180.29 197.66 210.07 231.72 271.87
Dividends Per Share 68 82 90 104 122
Total Assets 246,040M 246,990M 249,522M 265,509M 279,687M
Total liabilities 69,674M 64,913M 63,990M 64,945M 71,674M
Total equity 174,586M 180,346M 183,918M 198,829M 205,912M
Operating cash flow 37,691M 32,070M 35,550M 39,939M 41,949M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,744.87M 1,847.66M 1,902.37M 1,971.77M 1,850.73M
Gross Profit 687.93M 735.16M 745.92M 793.12M 865.31M
Operating income 315.69M 334.47M 355.46M 401.01M 453.49M
Income before tax 326.93M 352.56M 377.12M 428.83M 481.96M
Net income 244.90M 264.87M 283.09M 315.58M 345.07M
EBITDA 410.52M 432.90M 452.44M 499.30M 544.45M
Diluted EPS 1.62 1.78 1.93 2.18 2.41
Dividends Per Share 0.61 0.73 0.82 0.98 1.08
Total Assets 2,313.49M 2,231.46M 2,311.35M 2,402.79M 2,304.32M
Total liabilities 655.13M 586.46M 592.74M 587.73M 590.51M
Total equity 1,641.61M 1,629.36M 1,703.65M 1,799.35M 1,696.49M
Operating cash flow 340.07M 289.19M 326.96M 376.57M 373.30M

Valuation Measures

Mar 2022
PER26.59
ROA14.22%
ROE19.16%
Operating margin24.50%
Profit margin18.64%

Key executives

  • Chairman & Chief Executive Officer: Kojiro Kinoshita
  • President, COO & Representative Director: Shinsuke Yagi
  • CFO, Director, Executive Vice President: Junichi Miyazaki
  • Executive Officer & GM-Agrochemical Sales: Satoru Hamamoto
  • Executive Officer & Manager-Finance: Hideki Daimon

Shareholders

  • Nomura Asset Management Co., Ltd. (9.4%)
  • Nikko Asset Management Co., Ltd. (4.6%)
  • Daiwa Asset Management Co. Ltd. (4.3%)
  • Mizuho Bank Pension Fund (4.0%)
  • Asset Management One Co., Ltd. (3.4%)
  • Japan Agricultural Cooperatives Group (3.3%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.1%)
  • Nissan Chemical Industries Business Association (2.5%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (2.5%)
  • The Vanguard Group, Inc. (2.5%)

Contact Details

  • Website:http://www.nissanchem.co.jp
  • Address: Nihonbashi Takashimaya Bldg. 18-19/F, 2-5-1 Nihonbashi, Tokyo, 103-6119, Japan
  • Phone: +81.3.4463.8111

Related Companies

  • Environmental Technical Laboratory Ltd.
  • Nissan Chemical do Brasil Representacao de Produtos Agroquimic
  • Nissan Chemical Materials Research (Suzhou) Co., Ltd.
  • Clariant Catalysts (Japan) KK
  • Nissan Agro Tech India Pvt Ltd.
  • Corteva, Inc. /Quinoxyfen Business/
  • Nissan Chemical Board Benefit Trust
  • Nissan Chemical Product (Shanghai) Co., Ltd.
  • Nissan Chemical Agro Korea Ltd.
  • Nissan Chemical Taiwan Co., Ltd.
  • Thin Materials AG
  • Dow Agrosciences LLC /Thifluzamide Fungicide Business/
  • NCK Co., Ltd.
  • Sun Agro Co., Ltd.
  • Hokkaido Nikko KK
  • Kyushu Nikko KK
  • Nissan Kenzai KK
  • Nihon Hiryo Co., Ltd.
  • Nissan Chemical Europe SAS
  • Nissan Butsuryu Co., Ltd.
  • Nissan Engineering Ltd.
  • Nissan Green & Landscape Co., Ltd.
  • Dewa Nikko KK
  • Chemical Service Co. Ltd.
  • NC Agro Hakodate Corp.
  • Nissan Chemical America Corp.
  • Monsanto Japan Ltd. /Herbicide Business/
  • Nissei Corp. /Chemicals/
  • Nissan Agri Co., Ltd.
  • Syngenta AG /Esprocarb & Dimethmatryn Business/

Competitors

  • Eternal Materials Co., Ltd.
  • Huntsman Corporation
Last Updated on 29 Sep, 2022

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