- JP-listed companies
- Asahi Kasei Corporation
Asahi Kasei Corporation (3407) Stock Price
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Business Overview
Asahi Kasei operates multiple business segments across diverse industries. Below is an overview of its main business segments and operations.
**Materials Segment**
Asahi Kasei's Materials segment is divided into three businesses: Environmental Solutions, Mobility & Industrial, and Life Innovation. Environmental Solutions provides chemical products including styrene monomer and acrylonitrile. Mobility & Industrial handles automotive-related fibers and engineering resins. Life Innovation offers electronic materials and food-wrap films.
**Housing Segment**
Asahi Kasei's Housing segment comprises residential construction and building materials businesses. The residential construction business handles single-family and multi-family home construction, real estate services, and renovation projects. The building materials business supplies products such as lightweight aerated concrete and insulation materials.
**Healthcare Segment**
Asahi Kasei's Healthcare segment is divided into three operations: Pharmaceuticals, Medical Devices, and Critical Care. The Pharmaceuticals business provides prescription drugs and diagnostic reagents. The Medical Devices business handles blood dialysis equipment and virus removal filters. The Critical Care business offers cardiopulmonary resuscitation equipment and sleep apnea treatment devices.
**Other Operations**
Asahi Kasei also operates engineering services, research and information services, and personnel staffing and placement businesses. These operations support the company's diverse business model.
Management Policy
Asahi Kasei is pursuing a growth strategy toward 2030 to realize a sustainable society. Under its medium-term management plan "Trailblaze Together," the company aims to simultaneously achieve contributions to a sustainable society and enhance corporate value. In particular, the company is strengthening business operations across three domains—Materials, Housing, and Healthcare—and focusing on creating new value by leveraging the distinctive characteristics of each domain.
Strengthening sustainability management is a key component of Asahi Kasei's growth strategy. Based on the "Sustainability Basic Policy" established in fiscal 2021, the company is advancing concrete actions toward realizing a sustainable society. Additionally, the company targets operating profit of 380 billion yen, ROIC of 8% or higher, and ROE of 12% or higher by 2030, aiming to drive profit growth and improve capital efficiency.
Under the medium-term management plan through 2027, the company seeks profit growth and structural transformation through investment returns, as well as improved capital efficiency through productivity gains. Notably, pharmaceuticals, critical care, and overseas housing are expected to be key profit growth drivers, with earnings generation from advance investments through M&A being prioritized. Revenue improvements in electronics and energy and infrastructure sectors are also anticipated.
Asahi Kasei aims to evolve "Diversity × Specialty" toward a state where high-value-added businesses across the three domains contribute profits at elevated levels. In particular, the company is increasing investment in healthcare and housing domains, while advancing business portfolio transformation in the materials domain. Through these efforts, the company will generate sustained innovation and enhance corporate value.