Asahi Kasei Corporation (TYO: 3407)

Japan flag Japan · Delayed Price · Currency is JPY
1,058.50
-8.50 (-0.80%)
Dec 20, 2024, 3:45 PM JST
4.85%
Market Cap 1.47T
Revenue (ttm) 2.93T
Net Income (ttm) 73.21B
Shares Out 1.39B
EPS (ttm) 52.82
PE Ratio 20.04
Forward PE 11.50
Dividend 36.00 (3.40%)
Ex-Dividend Date Mar 28, 2025
Volume 5,551,300
Open 1,068.00
Previous Close 1,067.00
Day's Range 1,054.00 - 1,072.50
52-Week Range 901.20 - 1,169.00
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Feb 5, 2025

About Asahi Kasei

Asahi Kasei Corporation manufactures and sells chemicals. It offers caustic soda, chemical fertilizers, nitric acid, ammonia, acrylonitrile, methyl methacrylate, styrene, adipic acid, hexamethylene diamine, AH salt, propionitrile, sodium cyanide, acetonitrile, methacrylonitrile, cyclohexyl methacrylate, polyethylenes, polyethylenes powder, PMMA resin, polystyrene, polybutadiene rubbers, styrene/butadiene rubbers, clear styrenic copolymer, styrenic thermoplastic elastomer, hydrogenated styrenic elastomers, membranes and systems, functional mater... [Read more]

Industry Chemicals
Sector Materials
Founded 1922
Employees 49,295
Stock Exchange Tokyo Stock Exchange
Ticker Symbol 3407
Full Company Profile

Financial Performance

Financial Statements

News

Asahi Kasei Pharma Strengthens Global Reach with Exclusive License Agreement for anti-CX3CR1 Antibody

TOKYO & NOVI, Mich. & DÜSSELDORF, Germany--(BUSINESS WIRE)--Asahi Kasei Pharma has entered a new licensing agreement with Chiome Bioscience for its humanized anti-CX3CR1 antibody.

10 days ago - Business Wire

Licensee of Asahi Kasei Technology Begins Commercial Production of High-Purity Carbonates Using CO2 as Main Feedstock in China

DÜSSELDORF, Germany & TOKYO & NOVI, Mich.--(BUSINESS WIRE)--Jiangsu Sailboat Petrochemical (Sailboat) started commercial operation of a new carbonates plant in Lianyungang, Jiangsu Province.

16 days ago - Business Wire

GC exits venture amid competition

SET-listed PTT Global Chemical (GC) has decided to withdraw from PTT Asahi Chemical, a petrochemical company that is a joint venture with multinational Japanese chemical company Asahi Kasei Corporatio...

4 weeks ago - Bangkok Post

Asahi Kasei Battery Separator Corporation Breaks Ground on Lithium-ion Battery Separator Plant in the Niagara Region

TOKYO & NOVI, Mich. & DÜSSELDORF, Germany--(BUSINESS WIRE)--Asahi Kasei Battery Separator Corporation broke ground on its new lithium-ion battery separator manufacturing facility in Port Colborne, Can...

4 weeks ago - Business Wire

Asahi Kasei Microdevices Advances AgeTech with Better AI-Ready Data Through New Sensor Technologies

TOKYO & NOVI, Mich. & DÜSSELDORF, Germany--(BUSINESS WIRE)--At CES 2025, Asahi Kasei Microdevices will unveil a suite of sensor technologies, including mmWave radar and contactless monitoring.

5 weeks ago - Business Wire

Asahi Kasei and Honda Sign Shareholders' Agreement to Convert Existing Asahi Kasei Subsidiary into Joint Venture for Production of Lithium-ion Battery Separators in Canada

TOKYO & NOVI, Mich. & DÜSSELDORF, Germany--(BUSINESS WIRE)--Asahi Kasei and Honda announced they have signed a shareholders' agreement to convert an Asahi Kasei subsidiary into a joint venture company...

7 weeks ago - Business Wire

Asahi Kasei Medical launches Planova™ FG1 next-generation virus removal filter

TOKYO & NEW YORK & DÜSSELDORF--(BUSINESS WIRE)--Asahi Kasei Medical has launched the Planova™ FG1, a virus removal filter featuring higher flux for the manufacture of biotherapeutics.

2 months ago - Business Wire

Asahi Kasei America, Inc. Moves Headquarters to Novi, Michigan

NOVI, Mich.--(BUSINESS WIRE)--Asahi Kasei America, Inc., plans to relocate its corporate office from New York to Novi, Michigan.

3 months ago - Business Wire

Asahi Kasei Launches New Grade of LASTAN™ Flame-Retardant Nonwoven Fabric

TOKYO & NEW YORK & DÜSSELDORF, Germany--(BUSINESS WIRE)--Asahi Kasei launches new grade of LASTAN™ flame-retardant nonwoven fabric.

3 months ago - Business Wire

Asahi Kasei Enters Collaboration With De Nora for Development and Sale of Small-Scale Containerized Electrolyzers for Hydrogen Production

TOKYO & NEW YORK & DÜSSELDORF, Germany--(BUSINESS WIRE)--Asahi Kasei enters collaboration with De Nora for development and sale of small-scale containerized electrolyzers for hydrogen production.

3 months ago - Business Wire

Asahi Kasei establishes the “AKM Co-creation & Technology Center,” a development base to consolidate the organization's functions, in Shin-Yokohama, Japan

TOKYO & NEW YORK & DÜSSELDORF, Germany--(BUSINESS WIRE)--Asahi Kasei Microdevices Corporation (AKM) opened the “AKM Co-creation & Technology Center” in Yokohama City, Kanagawa Prefecture, Japan.

3 months ago - Business Wire

Asahi Kasei to Showcase Material Solutions for Thermal Management of EVs, Recycling and 3D Printing at Fakuma 2024

DÜSSELDORF, Germany & NEW YORK--(BUSINESS WIRE)--Asahi Kasei will exhibit its broad range of diversified material solutions at Fakuma 2024 from October 15-19 in Friedrichshafen, Germany.

3 months ago - Business Wire

Asahi Kasei Selects PolymRize™ to Advance Polymer Informatics for Sustainable Innovation

Matmerize's powerful AI platform, PolymRize™, aids Asahi Kasei in designing sustainable, carbon-neutral polymers for electronics and energy applications.

5 months ago - GlobeNewsWire

Wavering brand loyalty challenging car manufacturers globally – Fifth car user survey by Asahi Kasei

DÜSSELDORF, Germany & NEW YORK--(BUSINESS WIRE)--Asahi Kasei's newest global car user survey gives insights into the brand loyalty and buying behavior of car users in major automotive markets.

5 months ago - Business Wire

Asahi Kasei Launches Membrane System to Produce Water for Injection

TOKYO & NEW YORK & DÜSSELDORF, Germany--(BUSINESS WIRE)--Asahi Kasei has announced that in April 2024 it began selling a membrane system to produce WFI.

6 months ago - Business Wire

Crystal IS and Asahi Kasei have achieved 99% usable area on 100 mm bulk aluminum nitride substrate

NEW YORK & TOKYO & DÜSSELDORF--(BUSINESS WIRE)--Crystal IS, an Asahi Kasei company, announced the successful serial production of 100 mm diameter single-crystal AlN substrates with 99% usable area.

6 months ago - Business Wire

Asahi Kasei Microdevices Launches CQ36 Series Integrated Circuit with Built-in ΔΣ Modulator

TOKYO & NEW YORK & DÜSSELDORF, Germany--(BUSINESS WIRE)--Asahi Kasei Microdevices has launched the CQ36, a new line of integrated circuits (ICs) designed for robotics.

7 months ago - Business Wire

Bionova Scientific, U.S. biologics CDMO of the Asahi Kasei Group, to establish a facility in Texas and launch plasmid DNA business

TOKYO & NEW YORK & DÜSSELDORF, Germany--(BUSINESS WIRE)--Bionova Scientific will start providing services leveraging plasmid DNA, and establish a dedicated facility for this purpose in Texas, the U.S.

7 months ago - Business Wire

Asahi Kasei Medical completes new assembly plant for Planova™ virus removal filters

DÜSSELDORF, Germany & TOKYO & NEW YORK--(BUSINESS WIRE)--Asahi Kasei Medical has completed the construction of its third assembly plant for Planova™ virus removal filters in Japan.

7 months ago - Business Wire

Asahi Kasei to Acquire Calliditas Therapeutics AB to Accelerate Growth as a Global Healthcare Company

TOKYO & NEW YORK & DÜSSELDORF, Germany--(BUSINESS WIRE)--Asahi Kasei Corp. (TOKYO:3407) today announces that it will offer the shareholders of Calliditas Therapeutics AB to acquire the shares of the p...

7 months ago - Business Wire

Asahi Kasei to buy Swedish drugmaker Calliditas for $1.1 billion

Japan's Asahi Kasei said on Tuesday it offered to acquire Calliditas Therapeutics for about 11.8 billion Swedish crowns ($1.1 billion) as part of a plan to become a global drug company.

7 months ago - Reuters

Statement by the Board of Directors of Calliditas Therapeutics AB (publ) in relation to the public offer by Asahi Kasei Corporation

STOCKHOLM , May 28, 2024 /PRNewswire/ -- The Board of Directors of Calliditas Therapeutics AB (publ) unanimously recommends that the shareholders and holders of American Depositary Shares (" ADS ") of...

7 months ago - PRNewsWire

Asahi Kasei starts operation of multi-module hydrogen pilot plant in Kawasaki

TOKYO & NEW YORK & DÜSSELDORF, Germany--(BUSINESS WIRE)--On May 13, Asahi Kasei, partners, and the Japanese government celebrated the official opening of a new hydrogen pilot plant in Kawasaki, Japan.

7 months ago - Business Wire

Asahi Kasei Bioprocess to Unveil THESYS™ ACS ERGO Synthesis Column at TIDES USA

TOKYO & NEW YORK & DÜSSELDORF, Germany--(BUSINESS WIRE)--Asahi Kasei Bioprocess' (AKB) THESYS™ ACS ERGO synthesis column will be on display and demonstrated at Booth 213 at TIDES USA 2024.

8 months ago - Business Wire