Trade Kuraray Co., Ltd. - 3405 CFD

Kuraray Co., Ltd. Company profile

About Kuraray Co Ltd

Kuraray Co Ltd is a Japan-based company engaged in the manufacture and sale of chemicals. The Company operates through five business segments. The Vinyl Acetate segment provides functional resins and films such as poval, polyvinyl butyral (PVB), and EVAL. The Isoprene segment provides thermoplastic elastomer SEPTON, CLARITY, isoprene-related products, and GENESTA. The Functional Materials segment provides methacrylic resins, medical-related products, and carbon materials. The Textile segment provides synthetic fibers, artificial leather CLARINO, and non-woven fabrics. The Trading segment processes and sells synthetic fibers and artificial leather, and plans and sells other products. It is also engaged in the manufacture and sales of high-performance membranes, consignment of production incidental business and logistics services, design and construction of water treatment facilities, warehousing and logistics and processing business, and the operation of insurance and travel business.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Kuraray Co Ltd revenues increased 16% to Y629.37B. Net income applicable to common stockholders increased from Y2.57B to Y37.26B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Loss on litigation decrease of 81% to Y4.3B (expense), Cost for idle operation decrease of 70% to Y1.35B (expense).

Equity composition

FY'94-'02 WAS were estimated. FY'02 2nd Qtr. B/S was reclassified. FY'04-06 1&3Q,FY'08 Q1 DWAS was estimated, and WAS was used as o/s. FY'08 Q3 DWAS were estimated and WAS was used as O/S. FY'08 Q2's reported EPS=Y38.59. FY'09 Q3 DWAS was estimated.FY'09 AR WAS & DWAS estimated. FY'11 Q1 DWAS was estimeted.