Material Sector Business Briefing - Asahi Kasei · company) Asahi Kasei Microdevices Material Asahi...
Transcript of Material Sector Business Briefing - Asahi Kasei · company) Asahi Kasei Microdevices Material Asahi...
Material SectorBusiness Briefing
September 8, 2016 Asahi Kasei Corporation
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1. Asahi Kasei Group Overview
2. Strength of Asahi Kasei
3. Basic policy and strategic focus of Material business sector
4. Investment for growth
Contents
3
ZOLL
Asahi Kasei Group configuration from Apr. 2016
Operating function
Fibers & Textiles SBU
Petrochemicals SBU
Performance Polymers SBU
Performance Materials SBU
Consumables SBU
Separators SBUAsahi Kasei
Constructio
n Materials
Asahi Kasei M
edical
Asahi Kasei Hom
es
Asahi Kasei Corp.(change from holding company to operating holding company)
Promotion of greater integration and collaboration
Material Homes Health Care
Three business sectors and operating holding company configuration from April 2016
Asahi Kasei M
icrode
vices
Asahi Kasei Pharm
a
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Financial performance by segment (1)
Operating income
19%
38%
43%
Net sales
¥1,940.9billion 52%
15%
33%
Material¥165.2billion
Health Care
Homes
FY 2015 Asahi Kasei Group financial results
Material
Health Care
Homes
Note: Percentages calculated excluding the Others category and corporate expenses.
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Financial performance by segment (2)(¥ billion)
FY2015 FY2016 forecast
Net sales Operating income1
Operating margin Net sales Operating
income1Operating margin
Fibers 132.1 13.9 10.5% 130.0 13.5 10.4%Chemicals 750.7 60.8 8.1% 713.0 59.0 8.3%Electronics2 121.6 4.4 3.6% 137.0 (2.5) ‐1.8%
Material 1,004.4 79.2 7.9% 980.0 70.0 7.1%Homes 583.0 65.4 11.2% 573.0 61.0 10.6%
Construction Materials 49.4 5.8 11.8% 51.0 4.0 7.8%
Homes 632.4 71.0 11.2% 624.0 65.0 10.4%Health Care3 144.9 24.3 16.8% 134.0 15.0 11.2%Critical Care 140.5 11.9 8.5% 146.0 13.5 9.2%
Health Care 285.4 36.2 12.7% 280.0 28.5 10.2%Others 18.7 3.8 20.3% 26.0 4.0 15.4%
Corporate expenses and eliminations - (25.0) - - (22.5) -
Consolidated 1,940.9 165.2 8.5% 1,910.0 145.0 7.6%1 Figures for operating income by business category include intrasegment transactions which are eliminated from the segment totals.2 Fiscal 2016 operating income forecast for Electronics includes a ¥6.9 billion decline from the previous year due to the impact of stronger yen and increased amortization of goodwill and other intangible assets, etc. related to the acquisition of Polypore International, LP.
3 Fiscal 2016 operating income forecast for Health Care includes a ¥9.3 billion decline from the previous year ago in the pharmaceuticals business due to the impact of reduced reimbursement prices and decreased shipments of Flivas agent for treatment of benign prostatic hyperplasia due to competition from generics.
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1. Asahi Kasei Group Overview
2. Strength of Asahi Kasei
3. Basic policy and strategic focus of Material business sector
4. Investment for growth
Contents
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History of portfolio transformation
1960 1970 1980 1990 2000 2010
売上高
営業利益
2,000
1,500
200
150
100
50
Net sales (¥ billion)
Operating income(¥ billion)
Early diversification Advanced diversification Selection & focus
Oil shock Collapse of economic bubble Global financial crisis
New challenges
Styren
e
Viscose rayon
Saran Wrap
Acrylonitrile
AAC (con
st. m
aterials)
Artificial kidne
ys
Hebe
lHaus
Pharmaceu
ticals
Acrylic fibe
r
Polyester
Food
s
ZOLL
Polypo
re
Hall elemen
ts
LSIs
Hipo
re
Petroche
micals
Boldly taking challenges with new businesses to achieve growth under changing operating climates
Start of production/sale Withdrawal/downsizing
Toyo
Jozo
Synthe
tic ru
bber
1,000
500
Planova
Electron
ic com
pass
Phen
olic fo
am insulatio
n
Cond
ominiums
Net sales
Operating income
(FY)
Holding/core operating company configuration
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Connecting technology, business, and human resources
Asahi Kasei Group
Asahi Kasei Corp.(operating holding
company)
Asahi Kasei Microdevices
Material
Asahi Kasei Construction Materials
HomesAsahi Kasei Homes
Health CareAsahi Kasei Pharma
Asahi Kasei Medical
ZOLL Medical
0
500
1,000
1,500
2,000
FY11 FY12 FY13 FY14 FY15
(¥ billion)Net sales (domestic and overseas)
1,573.21,666.6
1,897.81,986.4 1,940.9
• Expanding a selectively diversified portfolio with the strength of superior businesses in each sector• While global businesses are further expanded, homes and pharmaceutical businesses will be steadily
extended based on competitiveness in the domestic Japanese market• Creating a new value unique to Asahi Kasei by leveraging diversities in technology, businesses, and human
resources
Each product and each business leverages its
respective market strengths
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1. Asahi Kasei Group Overview
2. Strength of Asahi Kasei
3. Basic policy and strategic focus of Material business sector
4. Investment for growth
Contents
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Organization of Material business sector
Material
Fibers & Textiles SBU
Vice‐Presidential Executive Officer
Yuji Kobayashi
Petrochemicals SBU
Performance Polymers SBU
Performance Materials SBU
Consumables SBU
Separators SBU
Asahi Kasei Microdevices Corp.
Asahi Kasei Advance Corp.
Primary Executive OfficerToshio Takanashi
Senior Executive OfficerTsuneo Takemoto
PresidentSatoru Tamura
PresidentYasushi Asano
Executive OfficerRyuma Yamazaki
Senior Executive Officer Kenji Hamai
Lead Executive Officer Hiroshi Yoshida
Senior Executive Officer Shigeki Takayama
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Main products of Material sector (1)
SBU Division/affiliate Main products
Fibers & Textiles
Bemberg Bemberg
Roica Roica
Non‐woven Fabrics Eltas, Bemliese, Lamous
Leona Filament Leona (airbags, tire cord)
Petrochemicals
Basic Chemicals Caustic soda, nitric acid, styrene, adipic acid, cyclohexanol
Asahi Kasei Mitsubishi Chemical Ethylene Corp. Ethylene, propylene, butadiene
Acrylonitrile AN, sodium cyanide
MMA MMA, CHMA, PMMA
Polyethylene HDPE, LDPE, Sunfine
PS Japan Corp. Polystyrene (HIPS, GPPS)
Performance Polymers
Synthetic Rubber S‐SBR, elastomer
Performance PlasticsLeona, Tenac, Xyron, Stylac, Thermylene (PP compound)
Compound & Marketing
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SBU Division/affiliate Main products
Performance Materials
Performance Coating Materials Duranate, Duranol (PCD), aluminum paste
Functional Additives Ceolus, acetonitrile, MAN
Explosives Metal clads, explosives
Microza & Water Processing Microza UF/MF
Ion Exchange Membranes Ion‐exchange membranes, electrolyzers
Electronics & Functional Products APR, AFP, Pimel, pellicles, Novacure
Electronics Interconnecting Materials Sunfort (photosensitive dry film)
Electronics Insulation Materials Glass fabric
Consumables
Asahi Kasei Home Products Corp. Saran Wrap, Ziploc, Frosch
Fabricated Products PS/PS film, PVDC latex, Asaclean
Asahi Kasei Pax Corp. Beverage cups, food packaging
SeparatorsBattery Materials Hipore
Polypore International, LP Daramic, Celgard
Asahi Kasei Microdevices Corp. LSIs, electronic compasses, magnetic sensors, IR sensors, UVC LEDs
Main products of Material sector (2)
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Basic policy and strategic focus
• Work to enhance profitability of established businesses and expand key businesses
• Develop and implement business strategies to achieve synergiesamong the businesses within the Material sector
• Develop and implement strategic investments toward the targets for FY 2025
Basic policy
Strategic focus
• Expand environment/energy and automotive‐related businesses• Strengthen healthcare/hygiene‐related businesses• Review the business portfolio and develop new businesses• Advance global strategy by region
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FY 2018 target and FY 2025 outlook
79.1
70.0
100
140
0
50
100
150
200
0
500
1,000
1,500
2,000
FY2015 FY2016 FY2018 FY2025
Net Sales
Operating income
Net sales(¥ billion)
Operating income(¥ billion)
1,250
980.01,004.4
1,650
Performance products
Earnings base
FY 2018 target
FY 2025 outlook
Membranes, coating
materials, electronic materials, electronic devices,etc.
Automotive, battery‐related, healthcare/ hygiene
Fibers, petrochemicals, consumables
ROS 7.9% 7.1% 8.0% 8.5%
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Strategic focus: automotive‐related businesses (1)
Creating new products and solutions by integrating various businesses/products/technologies in the Material sector
• Unparalleled proposal capability made possible by our broad range of materials including plastics, fibers and textiles, battery materials, electronic devices, etc.
• Creating new value through integrated proposals
Key strategy 1
Key strategy 2
Key strategy 3
Enhancing our ability to respond to the needs of customers• Deepening relationships with customers by key account marketing• Offering advanced solutions as a combined Asahi Kasei Group• Reinforcing our capability to offer better technology and development support
Heightening our presence around the world• Advancing various programs to build the Asahi Kasei brand on a global scale
FY 2025 sales target: ¥300 billion→ Enhance value for customers through comprehensive proposals of our products
and technologies in the Material sector
Connect, Communication, Create
Connect, Communication
Create, Challenge
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To enhance sector‐wide comprehensive approach to customers, Automotive Marketing Department was established in April 2016
Automotive Marketing Dept. for greater internal coordination
Sensors for electric motors
Synthetic rubber for fuel‐efficient tires
Li‐ion battery separator for electric vehicles, lead‐acid
battery separator
Resin for exteriors
Resin for interiors
Resin for parts around the engine
Functional materialfor paint
Artificial suede for upholstery
Filament for airbags
Speech recognition system for navigation, audio LSIs
Resin for taillights
Polymer exchange membranefor fuel‐cell vehicles
Glass fabric and photosensitive dry film for printed wiring boards
Plastic optical fiber, polarizing film
Tire cord
Raise customer satisfaction and create new value through combined marketing
Fibers
Performancepolymers
Performancematerials
Batteryseparators
Electronics
Strategic focus: automotive‐related businesses (2)
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The Americas¥180 billion
9%
The Americas¥180 billion
9%
Europe¥80 billion
4%
Europe¥80 billion
4%
Southeast Asia¥80 billion
4%
Southeast Asia¥80 billion
4%
East Asia (China)¥310 billion (¥180 billion)
16% (10%)
East Asia (China)¥310 billion (¥180 billion)
16% (10%)
Net sales(¥ billion) % of total Material sector
sales (¥ billion) % of total
Japan 1,261.2 65.0% 504.3 50.2%
Overseas 679.7 35.0% 500.1 49.8%
Total 1,940.9 ‐ 1,004.4 ‐
Overseas net sales of Asahi Kasei Group (FY 2015)
Strategic focus: global strategy by region (1)
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Strengthen operations byleveraging existing bases
Southeast Asia, Korea, Taiwan
Reinforce marketing functions in automotive and healthcare fields where strong growth is forecasted
Coordinate business strategies and administrative functions mainly for automotive‐related
businesses centered on Polypore and APNA*
Asahi Kasei Europe functions as a central base for all operations in
Europe, and develops comprehensive business strategies mainly focusing on automotive
business
Enhance governance of each established business base, and respond to growing market
ChinaIndia
Europe United States
Advancing integration of business strategies and functions in each region
* Asahi Kasei Plastic North America, Inc.
Strategic focus: global strategy by region (2)
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Asahi Kasei Europe GmbH—operation began April 2016Enhancing Asahi Kasei’s presence in Europe and promoting comprehensive marketing within the Material sector mainly for the automotive industry. → Aiming to triple current net sales of €700 million in Europe by FY2025.
Automotive‐related
Healthcare materials
Other materials (fibers, photo products, etc.)
FY2015 FY2020 FY2025
Strategic focus: global strategy by region (3)
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Expansion of materials for healthcare‐related applications through synergy within Material sector
Packaging material of pharmaceuticals
Applications for pharmaceutical manufacturing
Hygiene materials
Material for medical‐related applications
Ceolus microcrystalline cellulose: Maintain No. 1 position as pharmaceutical excipient, and expand sales in growing Asian markets.
Acetonitrile: No. 1 position in Japan in pharmaceutical manufacturing solvent. Further expand with stable supply ensured by two production bases.
Health Care sector of Asahi Kasei (pharmaceuticals/medical devices/critical care)
Hydrogenated styrenic thermoplastic elastomer: Increase production to meet growing demand for medical fluid bags in China and Europe.
New fiber‐related materials: NanoAct cellulose nanobeads as label for immunoassay. Fiber for endovascular stent grafts.
Polyvinylidene chloride (PVDC) latex for push‐through pack (PTP) packaging: Proactively expand in emerging countries where strong demand growth for pharmaceuticals including generics is forecasted.
Spunbond: Proactively expand in diaper applications.Disinfection applications: Promotion of UVC LED business, sales of Klaran high‐output UVC LEDs.
Sales: ¥ billion FY 2015 → FY 2018 (target)→ FY 2025 (outlook)
Health Care sector 285.4 370 600
Strategic focus: growth in healthcare applications
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Basic strategy by business unit
Business unit Basic strategy
Fibers & Textiles SBU Stable expansion of all four main businesses while studying expansion of production facilities
Petrochemicals SBUEnhance earning base by completing structural realignment of operations while transforming to a higher value‐added configuration
Performance Materials SBU
Continue to grow highly profitable products ranging from performance chemicals to electronic materials, and create new businesses
Consumables SBUAs a manufacturer of consumables for both B‐to‐B and B‐to‐C markets, expand business in the growing fields including convenience stores and healthcare applications
Asahi Kasei Microdevices Corp.
Leverage technological advantages to expand with solution‐oriented business in the sensing, audio, voice fields
(Performance Polymers SBU and Separators SBU detailed separately)
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1. Asahi Kasei Group Overview
2. Strength of Asahi Kasei
3. Basic policy and strategic focus of Material business sector
4. Investment for growth
Contents
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Investments under “For Tomorrow 2015”
FY 2011
FY 2012
FY 2013
FY 2014
FY 2015
Acquisition of Polypore
¥260 billion
Acquisition of ZOLL
¥180 billion
• Acquisition of Crystal IS• Construction of initial production plant for UVC LEDs, etc.
Total ¥20 billion
FY 2011• Capacity increase for S‐SBR in Singapore• Capacity increase for acetonitrile in Korea• Capacity increase for high‐performance insulation panels
• Research complex for pharmaceuticals, etc.
FY 2012• Capacity increase for Bemberg• Overseas expansion of Hipore, etc.
FY 2013• Acquisition of full ownership of Tenac JV in China
• Capacity increase for polycarbonate diol (new plant in China)
• Overseas expansion of Hipore, etc.
FY 2014• Capacity increase for spunbond in Thailand• Capacity increase for Roica in Thailand• New plastic compound plant in the southern US• New production facility for the active ingredient of Recomodulin, etc.
Non‐linear growth¥460 billion
Existing businesses¥540 billion
* Decisions adopted FY 2015• Capacity increase for Bemliese, etc.
¥1 trillion over
5‐year period
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Investment for growth in the Material sectorSBU Products Location Items Period
Germany Establishment of Asahi Kasei Europe GmbH 2016
Japan Consolidation and enhancement of R&D facilities 2017/18
S‐SBR Singapore Construction of second plant (50kt/y) 2015
Elastomers Japan Capacity expansion of hydrogenated styrenic thermoplastic elastomers
2015/16
Mexico Establishment of Asahi Kasei Plastics Mexico 2015
US Startup of the second plant for plastic compounds 2016
Vietnam Establishment of Asahi Kasei Plastics Vietnam 2016
Duranate HDI‐based polyisocyanate China Capacity expansion in Nantong plant (10kt/y) 2015
Duranol polycarbonatediol China Startup of new facility in Nantong (3kt/y) 2014
Functional additives China Alliance in pharmaceutical additives with SPI Pharma 2016
Acetonitrile South Korea Startup of new facility (11kt/y) 2014
Ethylene, propylene, butadiene Japan Unification of naphtha cracker 2016
DRC process to produce DPC Japan Construction of validation plant 2017
Ultrahigh molecular weight PE Japan Capacity expansion 2017/18
Bemberg cupro fiber Japan Capacity expansion 2014
Bemliese cupro nonwovens Japan Capacity expansion (1.5kt/y) 2017
Spunbond nonwovens Thailand Capacity expansion (20kt/y) 2016
Roica spandex Thailand Capacity expansion 2016
Leona nylon 66 filament Japan Capacity expansion 2016
Lamous artificial suede Japan Re‐start of idle plant 2014 Celgard LIB separator, Daramic lead‐acid battery separator
US, etc. Acquisition of Polypore International, LP 2015
Hipore LIB separator Japan Capacity expansion in Hyuga plant (60 million m2/Y) 2016
Japan Capacity expansion in Moriyama plant (60 million m2 /y) 2018
Fibers &Textiles
Separators
—
PerformancePolymers
Engineering plastics
PerformanceMaterials
Petro‐chemicals
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Financial and capital strategy
Total investment (3‐year total): ¥700 billionProactively advance M&A and other new investment in addition to investment to maintain and expand established businesses
Strategic investment in the Material sectorProactively invest for expansion mainly in battery separator, S‐SBR, plastic compounds, and fibers & textiles
Consider M&A for Performance Polymers and Consumables SBUs
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Creating for TomorrowThe commitment of the Asahi Kasei Group: To do all that we can in every era to help the people of the worldmake the most of life and attain fulfillment in living. Since our founding, we have always been deeply committed to contributing to the development of society, boldly anticipating the emergence of new needs. This is what we mean by “Creating for Tomorrow.”
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Reference
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Asahi Kasei’s leading products (1)
Acrylonitrile
Hipore Li‐ion battery separator
Ion‐exchange membranes
Cupro regenerated cellulose fiber
Spunbond nonwovens for sanitary products
S‐SBR for fuel‐efficient tires
Electronic compass
Magnetic sensors
No. 1 share in the world
No. 1 share in the world
No. 1 share in the world
No. 1 share in the world
No. 1 share in the worldDuranate coating
material
UVC LEDsSunfort
photosensitivedry film
Automobile
Roica spandex
Material
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Asahi Kasei’s leading products (2)
Planova virus removal filters
Defibrillators for Hospital & EMS Wearable defibrillator
One of a kind
No. 1 share in the world
No. 1 share in the world
No. 1 share in the world
Health Care
Sepacell leukocyte reduction filters
DomesticBusiness
Hebel Haus Saran Wrap and Ziploc
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Fibers (1)
• Only manufacturer in the world• Global development for wide range of applications such aslinings, functional innerwear, and ethnic garments
• Capacity expansion in Nobeoka; start‐up in June 2014, capacity increase by 10%
Bemberg cupro fiber
Roica spandex
Leona nylon 66 filament
• Global development of high‐function and high‐quality brand; production plants in Japan, Taiwan, China, Thailand, and Germany
• Launch of recycled spandex for the first time in the world in July 2015, which is the world’s only spandex certified under the Global Recycle Standard
• Expansion in automotive airbag application in addition to tire cord application with superior strength and heat resistance
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NonwovensOffering distinctive nonwovens made of different materials and by originalproduction technology for wide range of applications
Bemliese continuous‐filament cellulose nonwovenIncreased demand in facial mask application; decision to expand capacity in March 2017
Lamous artificial suedeSales expansion in automotive upholstery application; capacity doubled by restarting suspended facility in October 2014 Lamous
Eltas spunbondIncreased demand in hygienic application; capacity expansion to 40,000 t/y in Thailand in January 2016 0
20
40
60
2013 2015 2016 2020 2025
BabyAdult
Eltas
Bemliese
(billion pcs.)
Forecast for diaper productionin ASEAN and India(Asahi Kasei estimate)
Fibers (2)
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Petrochemicals (1)
Asahi KaseiCapacity(kt/y)
Main competitors Main applications Asahi Kasei’s position/strengths
Acrylonitrile 960 Ineos Acrylic fiber, ABS; captive use for ABS, adiponitrile
2nd largest producer in the world (150 kt/y plant in Kawasaki closed in Aug. 2014, 100 kt/y plant in Mizushima dedicated to another product)
Styrene 390 Shell
Ineos
Lyondell Basell
EPS, ABS, SB latex, unsaturated polyester, SBR; captive use for PS, ABS, SB latex, SBR
After 320 kt/y plant in Mizushima closed in Feb. 2016, business to focus on domestic market and captive use
Methyl methacrylate
170 Mitsubishi Rayon MS, MBS, coating materials; captive use for PMMA
Proprietary, cost‐competitive C4 process
Cyclohexanol 180 Shandong HailiBASF
Adipic acid, caprolactam; captive use for adipic acid
Mainly for captive use
Polyethylene 283 (Domestic)Japan PolyethylenePrime Polymer
Films, miscellaneous goods, food containers, injection molding
Business development taking advantage of unique characteristics based on distinctive catalyst technology
Polystyrene 315 (Domestic)Toyo StyreneDIC
Food containers, food packaging, toys, miscellaneous goods, construction materials
Largest producer in Japan
Main petrochemical products
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Strengthening petrochemical operations by establishing the optimum production configuration for stable earnings and enhanced competitiveness to cope with contracting domestic demand and price competition from products made overseas based on low‐priced feedstock
Business Location Capacity(thousand tons)
Major applications Closure schedule
Naphthacracker Mizushima
500(unified with
Mitsubishi Chemical’s facility)
Production of basic petrochemical products such as ethylene and propylene
February 2016
AN
Mizushima
KawasakiKorea
Thailand
200100150560200
Acrylic fiber, ABS, acrylamide,adiponitrile August 2014
Styrene Mizushima 320390
Polystyrene, ABS, synthetic rubber February 2016
ABS resin Mizushima 65 Automotive, home electronics, office equipment December 2015
SB latex MizushimaKawasaki
2436
Paper coating, adhesives, paint December 2015
Epoxy resin MizushimaFuji
37(undisclosed) Coatings, adhesives, electronics May 2015
Closure Dedication to another product
Strengthening petrochemical operations in Japan
Petrochemicals (2)
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Performance polymers (1)
• Top share in Asian market for solution‐polymerized SBR (S‐SBR) for fuel‐efficient tires• Enhancing overall tire performance, with good balance of fuel efficiency and wet grip• Technology for both continuous and batch polymerization processes; taking the lead in proactively expanding capacity for continuous process, with fewer competitors
Enhancing all four main performance characteristics of tires through original technologies for polymer design, higher molecular weight, and functionalization
Asahi Kasei’s technologies for continuous‐polymerization process
Batch polymerization
Continuouspolymerization
Handlingstability
Wearresistance
Fuel‐efficiency
Wet grip
Synthetic rubber (solution‐polymerized SBR)
0.0
0.5
1.0
1.5
2010 2015 20200
100
200
300
2010 2013 2015 2020
New plant in Singapore — 50 kt/y in 2013 and 50 kt/y expansion in 2015
Growing demand for fuel‐efficient tires with more stringent environmental standards
Performance characteristics
(million tons)Global demand forecast for S‐SBR for fuel‐efficient tires
(Asahi Kasei estimate)
In‐house production by tire manufacturers
Asahi Kasei production capacity for S‐SBR for fuel‐efficient tires
Phase 2Singapore plant
Phase 1Singapore plantDomestic capacity
(thousand tons)
Functional‐ization
Polymerdesign
Open market
Additional capacity(overseas)
onward
Higher molecular weight
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Performance polymers (2)
Advancing global growth strategy; reinforcing automotive‐related businesses• Leveraging computer‐aided engineering (CAE) technology with weight‐saving proposals for automotive parts
• Development of materials based on sophisticated technologies for polymer design, alloys, and compounding
• Global operations for production (compounding), sales, and technical service
Product Strategy Main automotive applications
Leona polyamide 66 Global development of specialty polyamide with superior heat resistance, durability, rigidity, and appearance
Engine compartment parts (cylinder head covers, etc.)
Tenac polyacetal Production of low‐VOC products in both Mizushima, Japan, and Zhangjiagang, China, and global sales expansion
Interior parts, fuel‐system parts, electric motor parts
Xyron modified polyphenylene ether
Global development of superior grades centered on office equipment, photovoltaics, automobiles, and rechargeable battery applications
Electrical system parts (relay blocks, electric vehicle battery parts, etc.)
Polypropylene compounds Sales expansion leveraging 2nd plant in US and sales subsidiary in Mexico
Radiator fans, fan shrouds, etc.
Engineering plastics
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Performance materials
Product Main applications Asahi Kasei’s position
Microza UF and MF membranes Water filtration Top‐tier world share: No. 1 share in the US municipal water treatment market
Aciplex ion‐exchange membranesMembrane‐process electrolyzer
Chlor‐alkali electrolysis Membranes: No. 1 world shareElectrolyzers: No. 2 world share
Duranate HDI‐based polyisocyanate Non‐yellowing polyurethane curing (coatings, inks, adhesives, cast molding, etc.)
No. 2 world shareNo. 1 domestic share
Acetonitrile Solvent for pharmaceutical manufacture No. 2 world share
Ceolus microcrystalline cellulose Additives for pharmaceuticals and foods No. 1 domestic share
Sunfort dry film photoresist Forming circuit patterns on printed wiring boards and semiconductor packaging
World top‐3 share: 30
APR and AFP photopolymers and platemaking systems
Printing plates for packaging such as cardboard, labels, and film
No. 1 domestic share
Main products of performance materials
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Consumables
Household products
Saran Wrap
Ziploc
Frosch
Division/affiliate Main products
Fabricated Products Division Polyolefin and polystyrene films, Asaclean
Asahi Kasei Home Products Corp. Saran Wrap, Ziploc, Frosch
Asahi Kasei Pax Corp. Beverage containers, food packaging materials
Saran Wrap, Ziploc, Cookper Saran Wrap: No. 1 market share in Japan Increase market share by improving convenience and function of products
Frosch Utilize brand strength of Saran Wrap to expand business by
developing new kitchen goods such as detergent and deodorizer
Commercial productsContainers for convenience stores and fast food chains Rapid growth in container market for convenience stores and fast food chains Increase market share, utilizing position as leading manufacturer of
polypropylene containers Capture container demand including other materials in the future
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LIB separator
Hipore
Celgard
Asahi Kasei production capacity for LIB separator (planned as of May 2016)
0
500
1,000
1,500
2,000
2,500
2016 2017 2018
⾞載⺠⽣
Demand forecast for LIB separator (Asahi Kasei estimate)(Million m2)
Demand increase: CAGR approx. 20%
CAGR approx. 30%
CAGR approx. 3%
AutomotiveConsumerelectronics
(FY) (FY)
Main applications
Electronics Mobile communication devices (cellphones, smartphones, tablets, etc.), laptop PCs, wearable devices, digital cameras, etc.
Electrical goods Power tools, cordless appliances, etc.
Eco‐friendly vehicles Hybrid vehicles, electric vehicles
Energy storage systems
Grid management, backup power
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Electronic devices
Product Main applications Asahi Kasei’s position Main competitors
Electronic compass Smartphones, tablets, etc. World’s No. 1 Yamaha, Alps Electric
Devices for camera module
Camera modules for smartphones Top tier in the world (magnetic sensors)
Rohm Semiconductor, Renesas Electronics
LSIs for crystal oscillator Smartphones, communication devices World’s No. 1 Panasonic
LSIs for high‐end audio Smartphones, high‐end audio equipment Top tier in the world ESS Technology, Cirrus Logic
LSIs for automotive audio/visual/navigation
Car audio, navigation system, hands‐free system, etc.
Top tier in Japan NXP Semiconductors, Texas Instruments
Hall elements for motor control
Air conditioner, household appliances, computer cooling fans, industrial equipment
World’s No. 1 –
Various sensing solutions for the IoT era• Hall elements: motor control• Electronic compass: smartphones, tablets• Close positioning sensing: digital cameras, smartphones• Electric current sensor: industrial equipment (inverters, servomotors, robots)
• Gas sensor: indoor air quality monitoring system• Human detection sensor: “smart homes” etc.• Rotation angle sensor: industrial equipment, automotive electric motor control