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Asahi Kasei

 
Hoover's Profile: Asahi Kasei Corporation
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Contact Information
Asahi Kasei Corporation
Jinbocho-Mitsui Building, 1-105 Kanda Jinbocho, Chiyoda-ku
Tokyo 101-8101, Japan
Tel. +81-3-3296-3000
Fax +81-3-3296-3161

Type: Public
On the web: http://www.asahi-kasei.co.jp

Asahi Kasei has the right chemistry for Japanese markets, so right in fact that it is among Japan's Top 3 chemical companies (with Sumitomo and Mitsubishi). The diversified company operates in six segments. Its chemicals (basic chemicals, plastics, fertilizers) and homes (prefabricated homes) units together account for about three-quarters of Asahi Kasei's sales. The company's fibers unit makes nylon, and its construction materials division makes concrete panels and artificial fish reefs. Asahi Kasei also makes electronic materials and medical products. Roughly two-thirds of its sales are in Japan, though the country hosts substantially all -- more than 90% -- of its assets.

Key numbers for fiscal year ending March, 2008:
Sales: $17,088.4M
One year growth: 24.0%
Net income: $704.4M
Income growth: 21.1%

Officers:
Chairman: Nobuo Yamaguchi
President and Director: Shiro Hiruta
VP Executive Officer and Director: Ichiro Itoh

Competitors:
Mitsubishi Chemical
Sumitomo Chemical
Teijin

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Wikipedia: Asahi Kasei
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Asahi Kasei Corporation
Type Public KK (TYO: 3407)
Founded 1931
Headquarters Flag of Japan Tokyo, Japan
Key people Nobuo Yamaguchi, Chairman
Shiro Hiruta, President
Industry Chemicals
Products Chemicals
Revenue ¥ 1,696.789 billion JPY (FY 2007)
Net income ¥ 69.945 billion JPY (FY 2007)
Employees 23,854 (2007)
Website www.asahi-kasei.co.jp

Asahi Kasei Corporation (旭化成株式会社 Asahi Kasei Kabushiki Kaisha?, TYO: 3407) is a Japanese company. The main products are chemicals and in materials science. The company has around 25,000 employees and had consolidated sales of ¥ 1.7 trillion in 2008[1]. It was founded in 1931, and has its headquarters in Tokyo, with offices and plants in Osaka, China, Singapore, Thailand, U.S.A. and Germany. It is listed on the Tokyo Stock Exchange and is part of the Nikkei 225 index.

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