AHKSY - Asahi Kasei Corporation
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 13.57 |
| Open | 13.64 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 13.64 - 13.87 |
| 52 Week Range | 12.24 - 16.54 |
| Volume | |
| Avg. Volume | 56,915 |
| Market Cap | 9.586B |
| Beta (5Y Monthly) | 0.85 |
| PE Ratio (TTM) | 15.02 |
| EPS (TTM) | 0.92 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.53 (3.88%) |
| Ex-Dividend Date | Sep 29, 2022 |
| 1y Target Est | N/A |
Fair Value
Related Research
Business WireAcceptance and Use Cases for Autonomous Vehicles Differ Greatly Among Major Automotive Markets – Global Car User Survey by Asahi Kasei
DÜSSELDORF, Germany & NEW YORK & NOVI, Mich., May 23, 2023--A new global survey by Asahi Kasei reveals major differences among the world's four largest automotive markets in terms of brand loyalty, understanding of sustainability, and acceptance of purely battery-powered and self-driving cars. The usage scenarios of fully autonomous vehicles paint a picture of the mobility of the future.
Business WireAsahi Kasei invests in Israeli startup Castor Technologies
NEW YORK & DÜSSELDORF, Germany & TOKYO, May 16, 2023--Asahi Kasei (TOKYO:3407) has decided to invest in Castor Technologies Ltd. (CASTOR), an Israeli startup specialized in the development of 3D printing software. In addition to utilizing CASTOR’s software and services, the investment will allow Asahi Kasei to pursue synergies between its CAE (Computer Aided Engineering) technical service for plastic products and CASTOR’s software.
Business WireAsahi Kasei and Microwave Chemical Launch Joint Demonstration Project for Chemical Recycling of Polyamide 66 Using Microwave-based Technology
TOKYO, April 27, 2023--Asahi Kasei and Microwave Chemical launched a joint demonstration project in April 2023 with the objective of commercializing a chemical recycling process for polyamide 661 (PA66, also called nylon 66) using microwave technology. The process utilizes microwaves to depolymerize2 PA66 and directly obtain the monomers hexamethylenediamine (HMD) and adipic acid (ADA), which is expected to be accomplished at high yield with low energy consumption. The monomers obtained can then
Business WireAsahi Kasei Bioprocess America and GeminiBio Enter Strategic Partnership to Advance Application of Inline Buffer Formulation and Streamline Biopharmaceutical Manufacturing Processes
NEW YORK, CHICAGO & SACRAMENTO, Calif., April 19, 2023--Asahi Kasei Bioprocess America, a subsidiary of diversified Japanese multinational company Asahi Kasei, and GeminiBio have entered into a strategic partnership to advance the application of inline buffer formulation (IBF) in the biopharmaceutical industry. Asahi Kasei Bioprocess, with decades of expertise in IBF and the developers of the award-winning MOTIV™ system, and GeminiBio, with industry leading bioprocess liquid manufacturing capabi
Business WireAsahi Kasei Establishes Framework for Investment in Startups Focused on Carbon Neutrality
NEW YORK & DÜSSELDORF, Germany & TOKYO, April 11, 2023--Asahi Kasei established a "Care for Earth" investment framework as a new initiative for carbon neutrality by investing $100 million worldwide in early-stage startups that aim to solve issues in environmental fields such as hydrogen, energy storage, carbon management, and bio-based chemicals over the 5-year period up to fiscal 2027.
Business WireAsahi Kasei’s production facility for Dinamica® acquires certification regarding use of power 100% derived from renewable energy by utilizing Powered by RE of Hitachi
NEW YORK & DÜSSELDORF, Germany & TOKYO, April 04, 2023--Asahi Kasei’s production facility for Dinamica® artificial suede at its Nonwovens Plant in Nobeoka, Miyazaki, Japan, has acquired the first Renewable Energy Use Certification by Japan's Powered by RE Certification Committee, utilizing the Powered by RE system of Hitachi, which visualizes the usage of renewable energy. The certification, acquired on March 8, 2023, ensures that the production facility for Dinamica® is powered by 100% renewabl
BloombergUS, Japan Strike Deal on Supply of Minerals for EV Batteries
(Bloomberg) -- The US agreed to boost cooperation with Japan on critical mineral supply chains and to expand access to tax breaks as President Joe Biden aims to counter China’s dominance of the electric vehicle battery sector.Most Read from BloombergOPEC+ Makes Shock Million-Barrel Cut in New Inflation RiskUBS to Cut Staff Up to 30%; Prosecutors Look at CS DealSt. Petersburg Explosion Kills Pro-War Blogger TatarskyDubai’s Latest Boom Is Pricing Out the Expats It Once CovetedTrump Weighs Bid to S
Business WireCrystal IS and Asahi Kasei Announce New Record for Single-Chip Device Output and Immediate Engineering Sample Availability of Their Upcoming 160 mW UVC LED
GREEN ISLAND, N.Y. & DÜSSELDORF, Germany & NEW YORK, March 22, 2023--Asahi Kasei, a diversified Japanese multinational company, and subsidiary Crystal IS have demonstrated their next-generation Klaran single-chip UVC LED which emits at 160 mW in the ideal germicidal range of 260-270 nm. Setting a new record for single-chip device output in a commercial device, this achievement marks a significant 60% increase over prior Crystal IS devices while retaining the optimal wavelength for germicidal eff
Business WireCrystal IS and Asahi Kasei announce lifetime characterization data for its Klaran LA UVC LED with a projected L70 Rating of 25,000 hours
GREEN ISLAND, N.Y. & DÜSSELDORF, Germany & NEW YORK, March 02, 2023--Asahi Kasei, a diversified Japanese multinational company, and subsidiary Crystal IS have released lifetime characterization data after more than 10,000 hours of testing its Klaran LA UVC LED, which supports a projected L70 lifetime1 of 25,000 hours. This advancement retains true disinfection with a refined wavelength optimal for germicidal efficiency, with a lifetime exceeding low pressure mercury lamp technology, promoting th
Business WireAsahi Kasei Microdevices launches new DC-DC step-up converter for efficient energy harvesting applications
NEW YORK & DÜSSELDORF, Germany & TOKYO, February 28, 2023--Asahi Kasei Microdevices (AKM) has launched a new DC-DC step-up converter with ultra-low power consumption that is able to boost low voltages, offering solutions for remote and battery-free operation as well as low-maintenance applications in the fields of asset monitoring and IoT.
Business WireAsahi Kasei Completes Second Plant for Ceolus™ Microcrystalline Cellulose
NEW YORK & DÜSSELDORF, Germany & TOKYO, February 15, 2023--Asahi Kasei, a diversified Japanese multinational company, has completed the construction of its second plant for Ceolus™ microcrystalline cellulose1 (MCC) at its Mizushima Works in Kurashiki, Okayama, Japan, in January 2023. With the new facility, the company underlines its commitment to meet the substantially growing demand for its MCC.
GlobeNewswireiVexSol® Closes $23.8M Series A-3 Financing; Funds to Revolutionize the Production of Lentiviral Vectors
LEXINGTON, Mass., Jan. 26, 2023 (GLOBE NEWSWIRE) -- iVexSol Inc., a technology-based lentiviral vector (LVV) contract development and manufacturing organization (CDMO), announced $23.8 million in Series A-3 funding. New investors Bristol Myers Squibb (NYSE: BMY), Charles River Laboratories (NYSE: CRL) and Asahi Kasei Medical, a division of Asahi Kasei (NYSE: AHKSY), join existing investors which include Casdin Capital and BioLife Solutions (Nasdaq: BLFS) to close Series A financing at a total of
Business WireAsahi Kasei collaborates on development of recycling technology for inexpensive, high-quality carbon fiber
NEW YORK & DÜSSELDORF, Germany, January 17, 2023--Asahi Kasei, a diversified Japanese multinational company, has developed a new technology for recycling carbon fiber plastic compounds together with the National Institute of Technology, Kitakyushu College and Tokyo University of Science.
Business WireAsahi Kasei to Showcase Diversified Innovations for Life and AKXY2™ Concept Vehicle at CES 2023
NEW YORK & TOKYO, January 05, 2023--Asahi Kasei, a diversified Japanese multinational company, is showcasing how mobility and living will seamlessly connect the virtual space to the physical space at CES 2023, including their new concept vehicle, AKXY2. The organization will also highlight innovations that exemplify how sustainability can be applied to technology to benefit the environment while increasing enjoyment and satisfaction for society.
Business WireAsahi Kasei participates in investment in Circularise B.V. of the Netherlands
NEW YORK & TOKYO, December 06, 2022--Asahi Kasei, a diversified Japanese multinational company, has decided to invest in Circularise B.V., a startup company in the Netherlands that provides digital product passports and mass balance bookkeeping software, together with Brightlands Venture Partners, 4impact capital, and Neste, in November 2022.
Business WireAsahi Kasei’s AKXY2 Concept Vehicle and the Future of Autonomous Mobility at CES 2023
NEW YORK & TOKYO, December 01, 2022--Asahi Kasei, a diversified Japanese multinational company, will be presenting solutions throughout the entire value chain, from raw materials and production technologies to the usage of recycled and recyclable materials, for the automotive industry in the revolutionary transition to electrified, autonomous and more sustainable mobility at CES 2023. With a vast product lineup spanning water-based polycarbonate coating to lightweight resins, Asahi Kasei draws f
Business WireAsahi Kasei Starts Selling BR and S-SBR Made Using the Mass-balance Method
NEW YORK & DÜSSELDORF, Germany & TOKYO, November 17, 2022--Asahi Kasei, a diversified Japanese multinational company, will begin the sale of Tufdene™ S-SBR (solution-polymerized styrene-butadiene rubber) and Asadene™ BR (butadiene rubber) made using the mass-balance method1 at Asahi Kasei Synthetic Rubber Singapore Pte. Ltd. and the Synthetic Rubber Plant of Asahi Kasei's Kawasaki Works in November 2022. The sale will be based on the ISCC PLUS2 certification for S-SBR and BR acquired by Asahi Ka
Business WireAsahi Kasei Acquires ISCC PLUS Certification for Several Products
NEW YORK & DÜSSELDORF, Germany & TOKYO, November 15, 2022--Asahi Kasei, a diversified Japanese multinational company, and its affiliated companies have acquired the widely recognized international certification ISCC PLUS1 for several products as shown below. The certification ensures that biomass, recycled materials, etc., are appropriately managed under the mass-balance method2 in the whole supply chain including manufacturing. With the acquisition of this certification, Asahi Kasei will be abl
Business WireAsahi Kasei Starts Construction of Alkaline Water Electrolysis Pilot Test Plant for Hydrogen Production in Kawasaki, Japan
NEW YORK, DÜSSELDORF, Germany & TOKYO, November 09, 2022--Asahi Kasei, a diversified Japanese multinational company, has started the construction of an alkaline water electrolysis pilot test plant for hydrogen production at its Kawasaki Works location in Kanagawa Prefecture, Japan. Construction and operation of the plant is supported by the "Green Innovation Fund" of Japan’s New Energy and Industrial Technology Development Organization (NEDO). The groundbreaking ceremony was held at the end of O
Business WireAccelerating R&D Innovation, Sustainability and Production Capacity for 2030 – Expansion of Asahi Kasei Bioprocess America Facilities by Mid-2023
NEW YORK & CHICAGO, October 26, 2022--Asahi Kasei Bioprocess America, a subsidiary of diversified Japanese multinational company Asahi Kasei, is currently undergoing a dramatic expansion of their Glenview, Illinois facilities to fuel innovation and to meet growing market needs for fluid management equipment, virus filtration and hollow fiber membrane technology. This 16,000 square-foot expansion will bring the total size of the facility to 43,000 square feet and is projected for completion by mi
Business WireAsahi Kasei Plastics Singapore Acquires ISCC PLUS Certification
NEW YORK, DÜSSELDORF, Germany & TOKYO, October 18, 2022--Asahi Kasei Plastics Singapore Pte Ltd (APS), a wholly owned subsidiary of Asahi Kasei, a diversified Japanese multinational company, acquired the widely recognized international certification ISCC PLUS1 for its polyphenylene ether (PPE) as a sustainable product on September 19, 2022. Production of PPE using biomass-derived raw material is scheduled to begin in January 2023.
Business WireAsahi Kasei Pharma to Sponsor Research for Drug Discovery Research and Technology: Open Innovation 2023
NEW YORK & DÜSSELDORF, Germany & TOKYO, October 13, 2022--Asahi Kasei Pharma, subsidiary of diversified Japanese multinational company Asahi Kasei, is publicly calling for new proposals for drug development research as part of its efforts for open innovation to promote pharmaceutical research and development through enhanced cooperation with universities, research institutes and enterprises around the world. The application period begins at 5:00 a.m. GMT on January 5, 2023 and ends at 8:00 a.m.
Business WireAsahi Kasei demonstrates how Crystal IS UVC LED technology can be applied to achieve higher disinfection efficiency in water treatment than conventional mercury lamp systems
NEW YORK & DÜSSELDORF, Germany & TOKYO, October 05, 2022--Asahi Kasei, a diversified Japanese multinational company, and subsidiary Crystal IS have concluded in a bacterial performance test that an experimental Klaran™ WR water treatment reactor demonstrated over 75% higher performance than a traditional low pressure mercury lamp system using an equivalent power consumption level.
Business WireAsahi Kasei Introduces New XYRON™ mPPE Grades – Versatile Materials for Improved Efficiency of 5G Applications
NEW YORK & DÜSSELDORF, Germany & TOKYO, September 21, 2022--To meet the increasing demand for materials that boost the efficiency of 5G applications, Asahi Kasei, a diversified Japanese multinational company, is currently introducing new grades of its modified polyphenylene ether (mPPE) XYRON™ to the European and North American markets. The combination of PPE with other polymers such as polyphenylene sulfide (PPS) or polystyrene (PS) allows this family of high-performance compounds to feature a
Business WireAsahi Kasei to construct biogas purification system at sewage treatment plant in Kurashiki, Okayama, Japan—demonstration trial on CO2 separation/recovery utilizing zeolite—
NEW YORK & TOKYO & DÜSSELDORF, Germany, September 15, 2022--Asahi Kasei, a diversified Japanese multinational company, and Kurashiki City today concluded an agreement to hold a trial to evaluate and demonstrate the performance of a biogas purification system (the System) at a sewage treatment plant in the city. Earlier in the day, the Mizushima Works of Asahi Kasei’s Production Center and Kurashiki City concluded a comprehensive partnership agreement for the realization of carbon neutrality in s