is a multinational

Japanese Japanese may refer to: * Something from or related to Japan, an island country in East Asia * Japanese language, spoken mainly in Japan * Japanese people, the ethnic group that identifies with Japan through ancestry or culture ** Japanese diaspor ...

chemical company The chemical industry comprises the companies that produce industrial chemicals. Central to the modern world economy, it converts raw materials (oil, natural gas, air, water, metals, and minerals) into more than 70,000 different products. The pla ...

. Its main products are chemicals and materials science. It was founded in May 1931, using the

paid in capital Paid-in capital (also paid-up capital and contributed capital) is capital that is contributed to a corporation by investors by purchase of stock from the corporation, the primary market, not by purchase of stock in the open market from other st ...

of Nobeoka Ammonia Fiber Co., Ltd, a

Nobeoka, Miyazaki is a city located in the north of Miyazaki Prefecture, Japan. As of June 1, 2019, the city has an estimated population of 119,521 and a population density of 138 persons per km². The total area is . History The city was officially founded on F ...

based producer of

ammonia Ammonia is an inorganic compound of nitrogen and hydrogen with the formula . A stable binary hydride, and the simplest pnictogen hydride, ammonia is a colourless gas with a distinct pungent smell. Biologically, it is a common nitrogenous wa ...

nitric acid Nitric acid is the inorganic compound with the formula . It is a highly corrosive mineral acid. The compound is colorless, but older samples tend to be yellow cast due to decomposition into oxides of nitrogen. Most commercially available nitri ...

, and other chemicals. Now headquartered in

Tokyo Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and List of cities in Japan, largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, ...

, with offices and plants across Japan, as well as China,

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bor ...

Thailand Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is b ...

, U.S.A. and Germany. The company is listed on the first section of

Tokyo Stock Exchange The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed ...

and is a constituent of the

TOPIX 100 , commonly known as TOPIX, along with the Nikkei 225, is an important stock market index for the Tokyo Stock Exchange (TSE) in Japan, tracking all domestic companies of the exchange's Prime market division. It is calculated and published by the T ...

and

Nikkei 225 The Nikkei 225, or , more commonly called the ''Nikkei'' or the ''Nikkei index'' (), is a stock market index for the Tokyo Stock Exchange (TSE). It has been calculated daily by the '' Nihon Keizai Shimbun'' (''The Nikkei'') newspaper since 1950 ...

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. In 2018, Asahi Kasei acquired

Sage Automotive Interiors Sage Automotive Interiors is a portfolio company of Asahi Kasei and a global supplier of technical textiles for the automotive industry. The company develops and produces automotive interior surfaces such as seating, door panels and automobile h ...

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 40,689 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 Alabama, Illinois, Michigan, New York, New Jersey, Massachusetts, and Mexico. In Europe it has sites in Brussels and Milan. The sites in Japan are located in Tokyo, Kawasaki, Nobeoka, and Mizushima. The sites in South and East Asia operate in India, Suzhou, Shanghai, Thailand, and Singapore.

Business segments and products

The main operations of the company are divided into the following four business sectors: * 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 The Learning and Skills Improvement Service (LSIS) was a not-for-profit company limited by guarantee and registered charity formed in 2008 to support and improve achievement in the Further Education and Skills sector in England. The LSIS had a go ...

Hall effect The Hall effect is the production of a voltage difference (the Hall voltage) across an electrical conductor that is transverse to an electric current in the conductor and to an applied magnetic field perpendicular to the current. It was dis ...

elements, magnetometers 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

External links

Asahi Kasei Corporation Website
* Wiki collection of bibliographic works on Asahi Kasei {{Authority control Chemical companies based in Tokyo Companies listed on the Tokyo Stock Exchange Chemical companies established in 1931 Conglomerate companies of Japan Defense companies of Japan Mizuho Financial Group Conglomerate companies established in 1931 Japanese companies established in 1931 Japanese brands