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Process Industries

UBE Corp.

Business Summary

UBE Corp. engages in the operation of chemical, construction materials, machinery and environmental businesses. It operates through the following business segments: Chemicals, Construction Materials, Machinery and Others. The Chemicals segment provides nylon products made from caprolactam, nylon resin, polybutadiene rubber, polyimide, and silicon nitrides; and also provides separators for lithium-ion batteries, thermal control film for satellites, gas separation membrane modules, synthetic marine fragrances and others. The Construction Materials segment offers unique construction materials, interior and exterior materials, waterproofing materials, and self-leveling compounds to plaster and foundation materials, which are used extensively in construction and engineering projects. The Machinery segment offers conveyance machinery, mills, crushers, and bridge and steel structures, as a trusted manufacturer backed by own cutting edge technology. The Others segment engages in the development, sale and brokerage of real estate properties. The company was founded by Sukesaku Watanabe in June 1897 and is headquartered in Ube, Japan.

Financial Highlights

Mar 2023 JPYUSD
Gross Profit82,604M609.54M
Operating income16,290M120.20M
Income before tax-2,596M-19.15M
Net income-7,006M-51.69M
Diluted EPS-72.24-0.53
Dividends Per Share950.70
Total Assets731,636M5,497.30M
Total liabilities349,977M2,629.62M
Total equity361,710M2,717.78M
Operating cash flow18,127M133.76M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 730,157M 667,892M 613,889M 655,265M 494,738M
Gross Profit 130,173M 118,947M 104,906M 128,243M 82,604M
Operating income 44,551M 34,033M 25,902M 44,038M 16,290M
Income before tax 44,678M 30,364M 22,433M 36,794M -2,596M
Net income 32,499M 22,976M 22,936M 24,500M -7,006M
EBITDA 81,118M 71,107M 62,510M 80,741M 41,716M
Diluted EPS 311.35 226.61 226.13 248.55 -72.24
Dividends Per Share 80 90 90 95 95
Total Assets 740,286M 727,269M 769,710M 837,954M 731,636M
Total liabilities 385,734M 372,822M 389,075M 443,919M 349,977M
Total equity 330,146M 332,968M 359,560M 369,652M 361,710M
Operating cash flow 50,462M 68,489M 66,054M 32,711M 18,127M
 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 6,584.23M 6,142.90M 5,788.27M 5,831.17M 3,650.73M
Gross Profit 1,173.84M 1,094.00M 989.14M 1,141.22M 609.54M
Operating income 401.74M 313.01M 244.22M 391.89M 120.20M
Income before tax 402.88M 279.27M 211.51M 327.42M -19.15M
Net income 293.06M 211.32M 216.26M 218.02M -51.69M
EBITDA 731.48M 654.00M 589.39M 718.51M 307.82M
Diluted EPS 2.80 2.08 2.13 2.21 -0.53
Dividends Per Share 0.72 0.82 0.84 0.84 0.70
Total Assets 6,688.22M 6,736.77M 6,965.70M 6,903.84M 5,497.30M
Total liabilities 3,484.97M 3,453.49M 3,521.04M 3,657.41M 2,629.62M
Total equity 2,982.75M 3,084.32M 3,253.93M 3,045.53M 2,717.78M
Operating cash flow 455.04M 629.92M 622.81M 291.09M 133.76M

Valuation Measures

Mar 2023
Operating margin3.29%
Profit margin-1.41%

Key executives

  • Executive President, CEO & Representative Director: Masato Izumihara
  • CFO, Director & Head-Investor Relations: Masayuki Fujii
  • Executive Officer & Head-Information Systems: Genji Koga
  • Chief Compliance Officer & Manager-Personnel: Hideo Tamada
  • Executive Officer & Head-Audit: Toshiyuki Mineishi


  • UBE Corp. (8.6%)
  • Nomura Asset Management Co., Ltd. (4.4%)
  • Dimensional Fund Advisors LP (3.5%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
  • The Vanguard Group, Inc. (2.3%)
  • Sumitomo Life Insurance Co. (1.8%)
  • Daiwa Asset Management Co. Ltd. (1.8%)
  • Nikko Asset Management Co., Ltd. (1.8%)
  • Norges Bank Investment Management (1.6%)
  • Nippon Life Insurance Co. (1.5%)

Contact Details

Related Companies

  • UBE Restricted Stock Compensation Plan
  • Ube Employee Stock Ownership Plan
  • UBE Exsymo Co., Ltd.
  • Ube Industries Central Hospital Corp.
  • UBE Industries India Pvt Ltd.
  • UBE (Thailand) Co. Ltd.
  • UBE-Nitto Kasei (Wuxi) Co. Ltd.
  • UBE Machinery Thai Co. Ltd.
  • UBE Korea Co. Ltd.
  • Advanced Electrolyte Technologies LLC
  • Ube Industries Pension Fund
  • Ube Asset & Insurance Ltd.
  • Ana Hotel Ube Ltd.
  • Ube Realty & Development Co. Ltd.
  • Libertas Ube Ltd.
  • UBE (Shanghai) Ltd.
  • UBE (Hong Kong) Ltd.
  • UBE Singapore Pte Ltd.
  • Ube Industries Consulting Ltd.
  • Yamayo Trading Co. Ltd.
  • Ube Aluminum Wheels Ltd.
  • Fukusei Tech Co. Ltd.
  • Fukusei Vender Service Co. Ltd.
  • Nantong Ube Concrete Co. Ltd.
  • Kitakyushu Ube Concrete Co. Ltd.
  • Kano Ube Concrete Co. Ltd.
  • Nishiharima Ube Co. Ltd.
  • Kansai Ube Co. Ltd.
  • Chiba Ube Concrete Co. Ltd.
  • Ozawa Corp.


  • Arkema SA
  • Advansix, Inc.
  • Lake Materials Co. Ltd.
  • Yizumi Holdings Co., Ltd. Class A
  • Rayitek Hi-Tech Film Company Ltd., Class A
  • Kaset Thai International Sugar Corp. Public Co. Ltd.
Last Updated on 31 May, 2023

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