Asahi Kasei

Asahi Kasei Corporation
Native name
 旭化成株式会社
Asahi Kasei Corp.
Public KK
Traded as TYO: 3407
TOPIX Large 70 Component
TOPIX 100 Component
Nikkei 225 Component
Industry Chemical industry
Founded May 21, 1931 (1931-05-21)
Headquarters Hibiya Mitsui Tower, 1-1-2Yurakucho, Chiyoda, Tokyo 100-0006 Japan
Key people
 Hideki Kobori
(President)
Products
Revenue

Increase $ 18.5 billion (FY 2014)

(¥ 1,897 billion) (FY 2014)

Increase $ 989.7 million (FY 2014)

(¥ 101.29 billion) (FY 2014)
Number of employees
 34,670 (consolidated, as of March 31, 2018)
Website Official website
Footnotes / references
[1][2]

Asahi Kasei Corporation (旭化成株式会社, Asahi Kasei Kabushiki-gaisha) is a global Japanese chemical company. Its main products are chemicals and materials science.

It was founded in May 1931, using the paid in capital of Nobeoka Ammonia Fiber Co., Ltd, a Nobeoka, Miyazaki based producer of ammonia, nitric acid, and other chemicals. Now headquartered in Tokyo, with offices and plants across Japan, as well as China, Singapore, Thailand, U.S.A. and Germany.

The company is listed on the first section of Tokyo Stock Exchange and is a constituent of the TOPIX 100[3] and Nikkei 225[4] stock market indices.

History

The company Asahi Kasei began in the year 1931 with the production of chemicals that included ammonia and nitric acids. In 1949, exchanges between stocks started up between Tokyo, Osaka, and Nagoya. Asahi Kasei entered into a joint petrochemical venture with Dow Chemical. A production of Polystyrene and Saran Wrap began in 1952. Diversification into acrylonitrile, construction materials, petrochemicals, glass fabrics, ethylene, housing, medical devices, electronics, engineered resins, semiconductors, pharmaceuticals and liquors began in the 1960s and 1990s. Net sales exceeded $10 billion globally in the years 2000–2003. Finally in the years 2008–2009, there was further diversification into medical devices.

Statistics

The company makes about 18 billion dollars globally in annual net sales. Their core operating segments include:

  • Chemicals (43.4%)
  • Homes (27.2%)
  • Healthcare (7.95%)
  • Fibers (7%)
  • Electronics (10%)
  • Construction materials (3.3%)
  • Services, engineering, and others (1.2%)

Locations

They currently employ 25,000 people and have a total of 54 manufacturing facilities found in different areas all over the world. Some of these places include North America, Europe, South Asia, East Asia, and Japan.

Their operations in North America are located in Illinois, Michigan, New York, New Jersey, and Mexico. In Europe it has its site in Brussels, Milan. The sites in Japan are located in Tokyo, Kawasaki, Nobeoka, and Mizushima. The sites in South and East Asia are operate in Suzhou, Shanghai, Thailand, and Singapore.

Business segments and products

The main operations of the company are divided into the following four business sectors:[5]

  • Chemicals & fibers
    • Chemicals
    • Polymer products
    • Specialty chemicals
    • Fibers
  • Homes & construction materials
    • Foundation systems
    • Insulation materials
    • AAC-related products
    • Structural materials
    • Order-built homes
    • Real estate–related operations
    • Building remodeling
  • Electronics
    • LSIs
    • Hall elements and Hall ICs
    • Clean energy materials
    • Optical and printing materials
    • Electronic materials
  • Health care
    • Blood transfusion devices
    • Blood purification devices
    • Bioprocess products: leukocyte reduction filters, virus removal filters
    • Orthopedics and urology pharmaceuticals
    • Critical care devices: defibrillators, wearable defibrillators, automated CPR systems, temperature management systems, data solutions
    • Diagnostic reagents
    • Nutritional products

References

  1. ↑ "Corporate Profile". Retrieved August 6, 2014.
  2. ↑ "Asahi Kasei Financial Statements". Bloomberg Businessweek. Retrieved August 6, 2014.
  3. ↑ "TOPIX Large70 Components" (PDF). Japan Exchange Group. Archived from the original (PDF) on October 13, 2013. Retrieved August 6, 2014.
  4. ↑ "Components:Nikkei Stock Average". Nikkei Inc. Retrieved August 6, 2014.
  5. ↑ "Asahi Kasei products". Retrieved August 6, 2014.
  • Asahi Kasei Corporation Website (in English)
  • "Company history books (Shashi)". Shashi Interest Group. April 2016. Wiki collection of bibliographic works on Asahi Kasei
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