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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 2022 JPYUSD
Revenue361,730M3,219.02M
Gross Profit120,205M1,069.69M
Operating income44,278M394.02M
Income before tax46,226M411.36M
Net income33,413M297.34M
EBITDA65,747M585.07M
Diluted EPS153.121.36
Dividends Per Share280.24
Total Assets484,660M3,993.07M
Total liabilities162,825M1,341.50M
Total equity318,750M2,626.15M
Operating cash flow33,140M294.91M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 332,682M 337,499M 321,966M 301,961M 361,730M
Gross Profit 100,966M 96,565M 91,739M 97,443M 120,205M
Operating income 38,574M 32,970M 25,932M 33,299M 44,278M
Income before tax 24,853M 27,044M 27,480M 38,158M 46,226M
Net income 13,055M 18,459M 20,202M 27,716M 33,413M
EBITDA 59,783M 51,791M 43,380M 51,453M 65,747M
Diluted EPS 58.72 83.93 92.29 126.62 153.12
Dividends Per Share 17 19 21 22 28
Total Assets 440,519M 424,937M 405,131M 448,821M 484,660M
Total liabilities 180,579M 165,781M 144,772M 150,575M 162,825M
Total equity 257,413M 256,463M 257,500M 295,410M 318,750M
Operating cash flow 54,462M 40,393M 28,430M 56,080M 33,140M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 3,001.66M 3,043.41M 2,961.26M 2,847.14M 3,219.02M
Gross Profit 910.97M 870.78M 843.76M 918.77M 1,069.69M
Operating income 348.03M 297.30M 238.50M 313.97M 394.02M
Income before tax 224.23M 243.87M 252.74M 359.78M 411.36M
Net income 117.79M 166.45M 185.80M 261.33M 297.34M
EBITDA 539.39M 467.02M 398.98M 485.14M 585.07M
Diluted EPS 0.52 0.75 0.84 1.19 1.36
Dividends Per Share 0.15 0.17 0.19 0.20 0.24
Total Assets 4,142.16M 3,839.15M 3,752.77M 4,061.72M 3,993.07M
Total liabilities 1,697.96M 1,497.77M 1,341.04M 1,362.66M 1,341.50M
Total equity 2,420.43M 2,317.05M 2,385.25M 2,673.39M 2,626.15M
Operating cash flow 491.39M 364.24M 261.48M 528.77M 294.91M

Valuation Measures

Mar 2022
PER8.90
ROA7.15%
ROE10.88%
Operating margin12.24%
Profit margin9.23%

Key executives

  • 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. (9.8%)
  • ZEON Corp. (7.9%)
  • Nomura Asset Management Co., Ltd. (5.6%)
  • Mizuho Financial Group, Inc. (5.1%)
  • Asahi Mutual Life Insurance Co. (3.3%)
  • Asahi Kasei Corp. (2.6%)
  • National Mutual Insurance Fed. of Agricultural Cooperatives (2.0%)
  • Japan Agricultural Cooperatives Group (1.7%)
  • Zeon Business Association (1.6%)
  • The Vanguard Group, Inc. (1.5%)

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 Restricted Stock Compensation Plan
  • Zeon Specialty Materials, Inc.
  • Zeon India Pvt Ltd.
  • Zeon Business Association
  • Zeon Asia Malaysia Sdn. Bhd.
  • 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.
  • Zeon F&B Co. Ltd.
  • Zeon CSC Corp.
  • Zeon Asia Pte Ltd.
  • ZEON Advanced Polymix Co. Ltd.
  • Zeon Chemicals Thailand Co. Ltd.
  • Zeon Medical, Inc.
  • Zeon Polymix, Inc.
  • Zeon Yamaguchi KK
  • Zeon Europe GmbH
  • Zeon North Co. Ltd.
  • Zeon France SA
  • Zeon Kasei Co. Ltd.
  • RIMTEC Corp.
  • Zeon Corp. /Large Molded Products Operations/

Competitors

  • Synthomer PLC
  • Shin Foong Specialty & Applied Materials Co., Ltd.
Last Updated on 26 Sep, 2022

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