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Process Industries

Resonac Holdings Corp.

Business Summary

Resonac Holdings Corp. engages in the manufacture and sale of chemical products. It operates through the following segments: Petrochemicals, Chemicals, Electronics, Inorganics, Aluminum, and Others. The Petrochemicals segment produces and merchandises olefins, organic chemicals, and synthetic resin products. The Chemicals segment manufactures and sells functional polymers, industrial gases, basic chemicals, information electronic chemicals, and coating materials. The Electronics segment covers hard disks, silicon carbide epitaxial wafer, compound semiconductors, and lithium ion battery materials. The Inorganics segment deals with graphite electrodes and ceramics. The Aluminum segment manufactures and sells high-purity aluminum foil for capacitors, cylinders for laser beam printers, extruded and forged products, heat exchanger, and beverage cans. The Others segment deals with wholesale and building materials. The company was founded by Nobuteru Mori on June 1, 1939 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2022 JPYUSD
Revenue1,392.62B10,588.04M
Gross Profit302,982M2,303.56M
Operating income59,371M451.39M
Income before tax48,583M369.37M
Net income30,793M234.11M
EBITDA168,930M1,284.36M
Diluted EPS170.021.29
Dividends Per Share650.49
Total Assets2,100.42B15,918.91M
Total liabilities1,525.74B11,563.49M
Total equity550,254M4,170.32M
Operating cash flow100,349M762.94M
Currency in JPYCurrency in USD

Historical Data

 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 992,136M 906,454M 973,700M 1,419.63B 1,392.62B
Gross Profit 287,245M 235,311M 165,394M 321,742M 302,982M
Operating income 180,003M 120,798M -19,449M 87,197M 59,371M
Income before tax 145,509M 97,883M -68,260M 22,926M 48,583M
Net income 111,503M 73,088M -76,304M -12,094M 30,793M
EBITDA 219,866M 158,998M 58,913M 202,643M 168,930M
Diluted EPS 758.14 501.03 -523.05 -77.39 170.02
Dividends Per Share 120 130 65 65 65
Total Assets 1,074.98B 1,076.38B 2,203.60B 2,142.39B 2,100.42B
Total liabilities 609,643M 556,949M 1,485.52B 1,323.93B 1,525.74B
Total equity 445,963M 499,366M 405,961M 513,989M 550,254M
Operating cash flow 149,782M 78,554M 109,286M 115,283M 100,349M
 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 8,983.25M 8,315.26M 9,119.72M 12,920.66M 10,588.04M
Gross Profit 2,600.84M 2,158.60M 1,549.08M 2,928.30M 2,303.56M
Operating income 1,629.82M 1,108.12M -182.16M 793.61M 451.39M
Income before tax 1,317.50M 897.92M -639.32M 208.65M 369.37M
Net income 1,009.59M 670.46M -714.66M -110.07M 234.11M
EBITDA 1,990.76M 1,458.55M 551.78M 1,844.33M 1,284.36M
Diluted EPS 6.86 4.59 -4.89 -0.70 1.29
Dividends Per Share 1.08 1.19 0.60 0.59 0.49
Total Assets 9,797.95M 9,904.58M 21,343.46M 18,604.40M 15,918.91M
Total liabilities 5,556.60M 5,124.90M 14,388.35M 11,497.00M 11,563.49M
Total equity 4,064.74M 4,595.04M 3,932.01M 4,463.45M 4,170.32M
Operating cash flow 1,356.19M 720.60M 1,023.57M 1,049.23M 762.94M

Valuation Measures

Dec 2022
PER11.88
ROA1.45%
ROE5.78%
Operating margin4.26%
Profit margin2.21%

Key executives

  • President, CEO & Representative Director: Hidehito Takahashi
  • CFO, Representative Director & Head-Accounting: Motohiro Takeuchi
  • Director & Chief Technology Officer: Hiroshi Sakai
  • Executive Officer: Taichi Nagai
  • Senior Managing Executive Officer: Jiro Ishikawa

Shareholders

  • Nomura Asset Management Co., Ltd. (3.5%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.2%)
  • MFS International (UK) Ltd. (2.7%)
  • Asset Management One Co., Ltd. (2.7%)
  • The Vanguard Group, Inc. (2.5%)
  • Fukoku Mutual Life Insurance Co. (Investment Portfolio) (2.4%)
  • Resonac Holdings Corp. (1.9%)
  • Nikko Asset Management Co., Ltd. (1.7%)
  • Norges Bank Investment Management (1.6%)
  • Daiwa Asset Management Co. Ltd. (1.6%)

Contact Details

  • Website:http://www.resonac.com
  • Address: 1-13-9 Shiba Daimon, Minato-Ku, Tokyo, 105-8518, Japan
  • Phone: +81.3.5470.3235

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Competitors

  • Sumitomo Chemical Co., Ltd.
  • Guangdong Huate Gas Co. Ltd Class A
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  • Mechema Chemicals International Corp.
  • Shijiazhuang Shangtai Technology Co., Ltd. Class A
  • Crown Advanced Material Co. Ltd. Class A
  • Darbond Technology Co., Ltd. Class A
  • HANGZHOU FIRST APPLIED MATERIAL CO.,LTD. Class A
  • Taiwan Union Technology Corporation
  • Xinlun New Materials Co., Ltd. Class A
  • GrafTech International Ltd.
  • Elite Material Co., Ltd.
  • NOVONIX Ltd
  • Nations Technologies, Inc. Class A
  • Wolfspeed Inc
Last Updated on 17 Mar, 2023

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