Asahi Kasei Corp banner

Asahi Kasei Corp
XMUN:ASAA

Watchlist Manager
Asahi Kasei Corp Logo
Asahi Kasei Corp
XMUN:ASAA
Watchlist
Price: 9.326 EUR 1.08% Market Closed
Market Cap: €12.9B

Asahi Kasei Corp
Investor Relations

Asahi Kasei is a Japanese industrial company that makes materials, chemicals, and healthcare products. It sells items such as plastics, fibers, membranes, and specialty materials used in cars, electronics, construction, and everyday consumer goods. It also has a healthcare business that supplies drugs, diagnostic tools, and critical care products to hospitals and medical professionals. The company makes money by selling these products to manufacturers, builders, healthcare providers, and government or industrial buyers. In its materials businesses, Asahi Kasei often sits in the middle of the supply chain: it turns raw inputs into high-value components that other companies use in their own products. In healthcare, it earns revenue from products and systems that are bought through medical channels and used directly in patient care. What makes Asahi Kasei different is that it combines heavy industrial chemistry with medical and life-science businesses under one roof. That mix gives it exposure to both cyclical manufacturing demand and more stable healthcare demand. For beginners, the key idea is simple: this is not a single-product company, but a maker of specialized industrial and medical products that many other businesses and institutions rely on.

Show more
Loading...
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2022
Call Date
Feb 9, 2022
AI Summary
Q3 2022

Record Results: Asahi Kasei posted its highest-ever Q3 cumulative net sales, operating income, ordinary income, and net income for the April–December period.

Full-Year Guidance: The company maintained its previous full-year forecast, expecting new record highs across major financial metrics despite anticipating a sequential Q4 drop in operating income due to seasonality and supply chain disruptions.

Segment Recovery: Materials saw strong recovery, especially in automotive-related and electronic materials, while Homes benefited from overseas growth. Healthcare sales rose, but income was only slightly down due to lower ventilator shipments offset by strength in other products.

Cost Pressures: Rising feedstock and ammonia prices, higher SG&A, and increased R&D expenses were noted, though formula-based pricing limited volatility.

LIB Separators: Lithium-ion battery separator sales volume was slightly down QoQ in Q3 due to semiconductor shortages but is expected to recover in Q4. Full-year growth is now projected at low single digits.

Portfolio Transformation: Management signaled an acceleration of business portfolio transformation, including further growth in Healthcare and Specialty Solutions, and ongoing structural reforms in Basic Materials.

Shareholder Returns: The dividend forecast remains at JPY 34 per share for the full year.

Key Financials
Net Sales
JPY 1,824.8 billion
Operating Income
JPY 174.1 billion
Ordinary Income
JPY 184.2 billion
Net Income Attributable to Owners of Parent
JPY 140.7 billion
Dividend per Share
JPY 34
Earnings per Share
JPY 133.7
Total Assets
JPY 3.2405 trillion
Goodwill
JPY 410.8 billion
Intangible Assets
JPY 798.9 billion
Interest-Bearing Debts
JPY 799.8 billion
Cash and Deposits
JPY 245.8 billion
Net Interest-Bearing Debt
About JPY 550 billion
Free Cash Flow
Outflow of JPY 62.6 billion
Operating Income Progress
Approximately 82% of full year guidance achieved in 9 months
Overseas Sales Ratio
48.2% (April–December)
Other Earnings Calls

Management

Mr. Koshiro Kudo
President, Presidential Executive Officer for Material Business Sector & Representative Director
No Bio Available
Mr. Toshiyasu Horie
CFO, EO of Strategy, Accounting, Finance & IR, Primary EO and Representative Director
No Bio Available
Mr. Futoshi Hamamoto
General Manager of Investor Relations
No Bio Available
Satoshi Nishikawa
Lead Executive Officer & Executive Officer for HR
No Bio Available
Mr. Richard A. Packer
Primary Executive Officer for Health Care Business Sector (joint)
No Bio Available
Hideyuki Yamagishi
Primary Executive Officer
No Bio Available
Mr. Jonathan A. Rennert
Senior Executive Officer
No Bio Available
Mr. Hideki Tsutsumi
Senior Executive Officer and Executive Officer for Procurement & Logistics
No Bio Available
Mr. Fumitoshi Kawabata
Vice-Presidential Executive Officer & EO for Homes Business Sector
No Bio Available

Contacts

Address
TOKYO-TO
Chiyoda-ku
Hibiya Mitsui Tower, 1-1-2, Yuraku-cho
Contacts
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett