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Process Industries

ZEON Corp.

Business Summary

ZEON Corp. engages in the production and sale of synthetic rubbers and specialty plastics. It operates through the following segments: Elastomer Materials Business, Specialty Materials Business, and Others. The Elastomer Materials Business segment includes synthetic rubbers used in automobile tires and conveyer belts; synthetic lattices used in tires and adhesives; and chemical products such as resins and inks. The Specialty Materials Business segment comprises of synthetic aroma chemicals and other industrial chemicals; information and imaging materials; specialty plastics for optical lenses; and medical products. The Others segment consists of paints, butadiene extraction technology, and reaction injection molding (RIM) formulations and products. The company was founded on April 12, 1950 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023 JPYUSD
Revenue388,614M2,867.63M
Gross Profit109,411M807.35M
Operating income26,947M198.84M
Income before tax14,467M106.75M
Net income10,570M77.99M
EBITDA47,329M349.24M
Diluted EPS49.910.36
Dividends Per Share360.26
Total Assets522,868M3,928.67M
Total liabilities183,559M1,379.20M
Total equity336,398M2,527.59M
Operating cash flow14,358M105.94M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 337,499M 321,966M 301,961M 361,730M 388,614M
Gross Profit 96,565M 91,739M 97,443M 120,205M 109,411M
Operating income 32,970M 25,932M 33,299M 44,278M 26,947M
Income before tax 27,044M 27,480M 38,158M 46,226M 14,467M
Net income 18,459M 20,202M 27,716M 33,413M 10,570M
EBITDA 51,791M 43,380M 51,453M 65,747M 47,329M
Diluted EPS 83.93 92.29 126.62 153.12 49.91
Dividends Per Share 19 21 22 28 36
Total Assets 424,937M 405,131M 448,821M 484,660M 522,868M
Total liabilities 165,781M 144,772M 150,575M 162,825M 183,559M
Total equity 256,463M 257,500M 295,410M 318,750M 336,398M
Operating cash flow 40,393M 28,430M 56,080M 33,140M 14,358M
 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 3,043.41M 2,961.26M 2,847.14M 3,219.02M 2,867.63M
Gross Profit 870.78M 843.76M 918.77M 1,069.69M 807.35M
Operating income 297.30M 238.50M 313.97M 394.02M 198.84M
Income before tax 243.87M 252.74M 359.78M 411.36M 106.75M
Net income 166.45M 185.80M 261.33M 297.34M 77.99M
EBITDA 467.02M 398.98M 485.14M 585.07M 349.24M
Diluted EPS 0.75 0.84 1.19 1.36 0.36
Dividends Per Share 0.17 0.19 0.20 0.24 0.26
Total Assets 3,839.15M 3,752.77M 4,061.72M 3,993.07M 3,928.67M
Total liabilities 1,497.77M 1,341.04M 1,362.66M 1,341.50M 1,379.20M
Total equity 2,317.05M 2,385.25M 2,673.39M 2,626.15M 2,527.59M
Operating cash flow 364.24M 261.48M 528.77M 294.91M 105.94M

Valuation Measures

Mar 2023
PER28.01
ROA2.09%
ROE3.22%
Operating margin6.93%
Profit margin2.71%

Management

  • President & Representative Director: Kimiaki Tanaka
  • Managing Executive Officer, General Manager-R&D: Tetsuya Toyoshima
  • Executive Officer & Manager-Latex Business: Tsutomu Eguchi
  • Director, GM-Administration & Manager-Personnel: Kazuyoshi Matsuura
  • Director & Managing Executive Officer: Hiroyuki Hirakawa

Shareholders

  • The Yokohama Rubber Co., Ltd. (8.1%)
  • ZEON Corp. (7.9%)
  • Capital Research & Management Co. (World Investors) (6.7%)
  • Nomura Asset Management Co., Ltd. (4.7%)
  • Mizuho Financial Group, Inc. (4.6%)
  • Asahi Mutual Life Insurance Co. (3.3%)
  • Asahi Kasei Corp. (2.4%)
  • National Mutual Insurance Fed. of Agricultural Cooperatives (2.0%)
  • The Vanguard Group, Inc. (2.0%)
  • Norges Bank Investment Management (1.8%)

Contact Details

  • Website:http://www.zeon.co.jp
  • Address: Shin Marunouchi Center Building, 14F, 1-6-2 Marunouchi, Tokyo, 100-8246, Japan
  • Phone: +81.3.3216.1772

Related Companies

  • ZEON EUROPE GMBH /IT/
  • Zeon Chemicals Asia Co. Ltd.
  • Zeon Taiwan Co., Ltd.
  • Zeon Medical (Guangzhou), Inc.
  • Zeon Kasei Mexico SA de CV
  • Zeon do Brasil Ltda.
  • Zeon Ventures, Inc.
  • Zeon Research Vietnam Co. Ltd.
  • Zeon Chemicals Yonezawa Co. Ltd.
  • ZS Elastomers Co., Ltd.
  • Zeon Opto Bio Lab Co., Ltd.
  • Aurora Microplates LLC
  • Edition Eight LLC
  • Zeon Restricted Stock Compensation Plan
  • Zeon Specialty Materials, Inc.
  • Zeon India Pvt Ltd.
  • Zeon Business Association
  • Zeon Asia Malaysia Sdn. Bhd.
  • Takehara Zeon (Shanghai) Co. Ltd.
  • Zeon Kasei (Changshu) Co. Ltd.
  • Zeon Shinhwa, Inc.
  • Zeon Manufacturing Vietnam Co. Ltd.
  • Zeon (Shanghai) Co. Ltd.
  • TFC Co., Ltd. (Fukui)
  • Zeon Chemicals Co. Ltd.
  • Zeon Trading (Shanghai) Co. Ltd.
  • Shanghai Zeon Co. Ltd.
  • Zeon Polymix (Guangzhou) Co. Ltd.
  • Zeon Korea Co., Ltd.
  • Zeon Chemicals Singapore Pte Ltd.

Competitors

  • Crystal Clear Electronic Material Co., Ltd. Class A
  • Wuxi Acryl Technology Co., Ltd. Class A
  • Shin Foong Specialty & Applied Materials Co., Ltd.
Last Updated on 25 Sep, 2023

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