Asahi Kasei

#1600

Rank

$9.46B

MarketCap JP

JP Japan

Country

Summary
Asahi Kasei Corporation manufactures, processes, and sells chemical products in Japan and internationally. The company operates through three segments: Material, Homes, and Health Care. It provides caustic soda, chemical fertilizers, nitric acid, ammonia, acrylonitrile, methyl methacrylate, styrene, adipic acid, hexamethylene diamine, AH salt, propionitrile, sodium cyanide, acetonitrile, methacrylonitrile, cyclohexyl methacrylate, cyclohexanol, cyclohexane, and cyclohexene; polymers; chemical intermediates; additives; membranes and systems; clads and anchors; optical and printing materials; electronic materials; and lithium-ion battery and lead-acid battery separators. The company offers cupro fiber, lining fabric, stretch fiber, spunbond nonwovens, cupro nonwoven fabric, microfiber suede, oil-water separator, multifunctional nonwoven, deodorizing nonwoven, heat-press formable thermoplastic nonwoven, noise suppression sheet, nylon filaments, flame-resistant fiber, honeycomb fabric, cellulose nanobead, ecorise, biocradle, and bemliese products, as well as polymers; synthetic rubber; elastomers; kitchen and household products; cleaners; and packaging products. In addition, the company provides electronic devices; and autoclaved aerated concrete, foundation systems, insulation materials, and structural systems and components. Further, it involved in the construction of homes and apartments; management of rental units and condominiums; brokerage of used homes; remodeling; and mortgage financing, asset management services, and insurance products. Additionally, the company provides pharmaceuticals and diagnostic reagents; dialyzers; therapeutic apheresis; biotherapeutics and plasma derivative filters and equipment, and virus removal filters; leukocyte reduction filters; defibrillators, temperature management systems, and data solutions; and UVC LED products. Asahi Kasei Corporation was founded in 1922 and is headquartered in Tokyo, Japan.

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. In 2018, Asahi Kasei acquired Sage Automotive Interiors.


Mission
We will provide new value to society through the realization of a healthy and comfortable life and coexistence with the environment .

Vision
We will provide new value to society through the realization of a healthy and comfortable life and coexistence with the environment .

Key Team

Hiroki Ideguchi (Sr. Exec. Officer and Exec. Officer for Genl Affairs, Legal, Comm. Risk Mgmt. & Compliance, HR)

Mr. Shuichi Sakamoto (Primary Exec. Officer for Health Care Bus. Sector (joint) & Director)

Dr. Ichiro Oyama M.D. (Chief Industrial Physician)

Mr. Richard A. Packer (Primary Exec. Officer & Exec. Officer for Health Care Bus. Sector (Joint))

Mr. Kenji Hamai (Primary Exec. Officer)

Hideyuki Yamagishi (Primary Exec. Officer)

Mr. John W. Moyer (Sr. Exec. Officer)


Recognition and Awards
Asahi Kasei has been recognized with numerous awards and honors, including the Japan Quality Medal, the Deming Application Prize, the Nikkei top performing sustainable companies and Dow Jones Sustainability Index.

References
Asahi Kasei
Leadership team

Mr. Koshiro Kudo (CFO, Presial Exec. Officer, Pres & Representative Director)

Mr. Toshiyasu Horie (Sr. Exec. Officer, Exec. Officer for Strategy, Accounting & Fin., IR and Director)

Futoshi Hamamoto (Gen. Mang. of Investor Relations)

Products/ Services
Advanced Materials, Chemical, Industrial
Number of Employees
20,000 - 50,000
Headquarters
Tokyo, Tokyo, Japan
Established
1931
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
3407.T
Social Media
Sun Mar 03 2024
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