Asahi Kasei Corporation
Hibiya Mitsui Tower, 1-1-2 Yurakucho, Chiyoda-ku, Tokyo 100-0006 Japan
Phone: +81-(0)3-6699-3000
www.asahi-kasei.com
Asahi Kasei Microdevices Corp.
Hibiya Mitsui Tower, 1-1-2 Yurakucho, Chiyoda-ku, Tokyo 100-0006 Japan
Phone: +81-(0)3-6699-3933
Asahi Kasei Homes Corp.
Jinbocho Mitsui Building, 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo 101-8101 Japan
Phone: +81-(0)3-6899-3000
Asahi Kasei Construction Materials Corp.
Jinbocho Mitsui Building, 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo 101-8101 Japan
Phone: +81-(0)3-3296-3500
Asahi Kasei Pharma Corp.
Hibiya Mitsui Tower, 1-1-2 Yurakucho, Chiyoda-ku, Tokyo 100-0006 Japan
Phone: +81-(0)3-6699-3600
Asahi Kasei Medical Co., Ltd.
Hibiya Mitsui Tower, 1-1-2 Yurakucho, Chiyoda-ku, Tokyo 100-0006 Japan
Phone: +81-(0)3-6699-3750
ZOLL Medical Corporation
269 Mill Rd., Chelmsford, MA 01824-4105 USA�
Phone: +1-978-421-9655
Veloxis Pharmaceuticals, Inc.
2000 Regency Parkway, Suite 500, Cary, NC 27518 USA
Phone: +1-919-591-3090

2023.7

Sportswear(premium stretch fiber,
cupro fiber)

Zippers

The Asahi Kasei Group's products and technologies,(polyacetal)

ranging from Hebel Haus™ unit homes and Saran
Wrap™ cling film, and electronic parts used incomputers and smartphones, to performancematerials for automotive parts and interiors, andpharmaceuticals and AEDs that support people's
lives, are used in various ways all around us.

Diapers

Covering fabric for sofas(artificial suede)(polyacetal resin)(spunbond nonwovens,premium stretch fiber)

Materials and components ofhome electronics(polystyrene, material for
semiconductors, LSIs, sensors)

Running shoes(thermoplastic elastomer,
synthetic rubber)Interior material(artificial suede)(S-SBR for fuel-efficient tires,
nylon 66 filament for tire cord)Battery materials

Materials and components ofsmartphones and laptop computers(Li-ion battery separator, material for
semiconductors, LSIs, sensors)

Prescription drugs,
pharmaceutical
additives

Dispenser bottles(polyethylene)

Critical care devices(Defibrillators, AEDs, temperature
management systems)

History of diversiﬁcation and taking
challenges to meet the needs of the times

Group
MissionWe, the Asahi Kasei Group, contribute tolife and living for people around the world.

Group
VisionProviding new value to society by enabling “living in health andcomfort” and “harmony with the natural environment.”

The Asahi Kasei Group has consistently grown through the proactive transformation of its

business portfolio to meet the evolving needs of every age. We have consistently provided
products and services that form solutions to various environmental and social challenges.

Material

Homes

Health Care

Sincerity—Being sincere with everyone.
Challenge—Boldly taking challenges, continuously seeking change.
Creativity—Creating new value through unity and synergy.

Group
Values2016

Administrative & Other

Transformation to an
operating holding
company configuration

2000 2007 2013

1922

Performance resin
compounding
operations reinforced
with acquisition of
Thermofil Inc. withfacilities in the US
and Europe

1974

Asahi Fabric Co., Ltd.
established (foundingof Asahi Kasei)

Naphtha cracker (completed in 1972)

1968

1960
Ammonia plant

1923

1931

Production of Bemberg™
cupro fiber begins

Japan's firstchemical synthesisof ammonia, by the
Casale process.

Orig

ins

Gro

w

s
th a

1957

Synthetic resin
operations begin
with start ofpolystyrene
production

Fabricated plastic productoperations begin withintroduction of Saran Wrap™
cling film to the Japanesemarket

ve
a di

rsiﬁ

e

em
d ch

ica

l ma

Bra
ct
nufa

1933

Nobeoka Ammonia Fiber acquires Japan Bemberg Fiber Co., Ltd.
and Asahi Fabric Co., Ltd., forming Asahi Bemberg Fiber Co., Ltd.

1943

Asahi Bemberg Fiber acquires Japan Nitrogenous Explosives Co., Ltd.,
forming Japan Nitrogenous Chemical Industry Co., Ltd.

1946

Name changed to Asahi Chemical Industry Co., Ltd.

nch

1972

Hosing operations begin withlaunch of Hebel Haus™ unit
homes

The first Hebel Haus™

1949

Shares listed in Tokyo, Osaka, and Nagoya

1952

Establishment of Asahi-Dow Co., Ltd. as a joint venture with the
Dow Chemical Company

1962
1964

ing

urer

Construction materials
operations begin with startof production of Hebel™
Synthetic fiber operations begin with autoclaved aerated concrete(AAC) panels
start of production of Cashmilon™
acrylic staple fiber

1931

Asahi Kasei America,
Inc. established

Petrochemical
operations begin withestablishment of Sanyo
Petrochemical Co., Ltd.

1967

1959

Nobeoka Ammonia Fiber Co., Ltd. established(legal establishment of Asahi Kasei Corp.)

1971

Asahi Medical Co.,
Ltd. established andmedical device
operations begin withstart of artificial
kidney production

Gro
into

new

ﬁel

win

ds

1978
Pharmaceuticalproduct operations
begin with regulatory
approval for Sunfural™
oral anticancer agent

1971
1972
1976
1980

Asahi Kasei
Business
Management(Shanghai) Co.,
Ltd. established

oba
g gl

1983

Entry into critical care
operations with acquisition of
ZOLL Medical Corporation of
the US

Semiconductor operations
begin with establishment of
Asahi Microsystems Co., Ltd

Production of Roica™ elastic polyurethane filament begins
Asahi Kasei Homes Corp. established
Asahi Kasei Construction Materials Corp. establishedHall element production begins

1982
1988

Beijing Office opened

Production of acrylonitrile begins

1992

New York Office and Hamburg Office opened

1995
1999

Pharmaceuticals and liquors maker Toyo Jozo Co., Ltd. merges with
Asahi Chemical
Shanghai Office opened
Foods operations transferred to Japan Tobacco Inc.

Ta

on
king

new

lle
cha

2001

2002

nge

s

2020

Pharmaceuticals
operations reinforced
with acquisition of
Veloxis Pharmaceuticals
Inc. of the US

2015

2012

Synthetic resin operations reinforced with merger of AsahiDow with Asahi Chemical

Manufacture of synthetic rubber beginsnCentennial of
Asahi Kasei’sfounding

Asahi Kasei EuropeGmbH establishedSingapore plant for
S-SBR for fuel-efficienttires begins operation

tio
liza

2022

Battery separator
operations reinforced
with acquisition of
Polypore International,
Inc. of the US

2018

Automotive interiormaterial operations
reinforced with acquisitionof Sage Automotive
Interiors, Inc. of the US

Name changed to Asahi Kasei Corp.
Shochu and low-alcohol beverage operations transferred to Asahi Breweries,
Ltd., and The Nikka Whiskey Distilling Co., Ltd.
Asahi Kasei Pharma Corp. established

2003

Sake operations transferred to Oenon Holdings Corp.

2016

Asahi Kasei Mitsubishi Chemical Ethylene Corp.
starts shared operation of naphtha cracker facilities

2022
2023

Transformation to a holding company configuration with Asahi Kasei Corp.
as holding company and 7 core operating companies

Entry into biologics CDMO business with acquisition of Bionova Scientific, LLC
Photomask pellicle operations transferred to Mitsui Chemicals, Inc.

With advanced technology and innovative concepts,
we develop materials and products that are considerate of the environment
with high added value to open new possibilities for the future.
Gokasegawa Hydropower Plant■Caustic soda, AN, sodium cyanide, acetonitrile, methacrylonitrile,
MMA, Delpet™ PMMA, styrene, Suntec™ and
Sunfine™ polyethylene, polystyrene■Synthetic rubber, elastomers■Chlor-alkali electrolysis systems (ion-exchange membranes,
electrolyzers, electrodes, etc.), Microza™ hollow-fiber filtration
membranes■Hipore™ and Celgard™ Li-ion battery separator,
Daramic™ lead-acid battery separator

Acrylonitrile
Acrylonitrile is the key production
material for acrylic fiber, ABS
resin, and many other products.
Markets around the world aresupplied from our plants inJapan, Korea and Thailand.

Hipore™ and Celgard™
Li-ion battery separator
These separator membranes act
as an insulator in lithium-ion
batteries, with use expanding in
automotive and energy storage
applications in addition to
consumer electronics.

Leveraging our chlor-alkali
electrolysis technology, which is
widely adopted around the world, we
are working to commercializehydrogen production technology,
including our alkaline water■Dinamica™ artificial suede■Leona™ nylon 66 filament■Leona™ PA 66, Tenac™ POM, Xyron™ mPPE,
SunForce™ foamed beads, Asaclean™ purging agent■Adipic acid, cyclohexanol■Duranate™ HDI-based polyisocyanate

Featuring a soft touch andluxurious surface, thispolyester-based artificial suede isused in automotive interiors andhigh-end furniture.

Sunfort™ photosensitive
dry film

Used for advanced, high-end
applications in the fields ofprinted wiring boards andsemiconductor packages.

■Pimel™ photosensitive polyimide, Sunfort™ dry film, APR™,
AFP™ and AWP™ photopolymers

LSIs for audio & voice

With a track record of over 30
years in the audio market, we
continue to pursue a wide rangeof technologies related to sound,and provide LSIs for various
applications including
automobiles and smartphones.

infrared sensor, open/close sensors

electrolysis system having the world-leading scale of 10 MW at the
Fukushima Hydrogen Energy Research Field (FH2R), a NEDO* project.
* Japan’s New Energy and Industrial Technology Development Organization

Dinamica™
artificial suede

A wide range of competitive products offered globally in
two domains: Digital Solutions to meet the needs of adigital society with electronic devices and electronicmaterials, and Comfort Life providing products andservices that contribute to healthy and comfortableliving.

■Klaran™ UVC LEDs
■Semiconductors: Audio/voice LSIs,
industrial/machinery LSIs, high-frequency LSIs,
automotive LSIs, electronic compasses■Sensors: Hall elements, Hall ICs, electronic current sensors,
gas sensors, range sensors, rotation angle sensors,

Alkaline water electrolysis
system at FH2R

Mobility & Industrial
Contributing to safe and comfortable next-generation
mobility with an array of Asahi Kasei Group products andtechnologies centered on automotive applications.
Providing innovative materials and solutions for various
challenges in industries other than automotive.

Fresh Logi™ cloud-based fresh produce
logistics solution

Life Innovation

Environmental Solutions
A petrochemical business advancing toward sustainability
with technology development for use of bio-basedmaterial, etc., energy storage related products andservices focused on the future of energy for a society
aiming for carbon neutrality, developing CO 2 recovery
technology, and products and technologies for greenhydrogen as clean energy. With responsibility for theoverall energy policy of the Asahi Kasei Group, thisbusiness advances technology innovation for climatechange including reduced CO 2 emissions.

AKXY2™ concept car

Various engineering
plastics and SunForce™
foamed beads
Used in lithium-ion battery
modules and many otherapplications for vehicles andhome electronics.

■Bemberg™ cupro fiber, Roica™ premium stretch fiber,
Eltas™ spunbond■Saran Wrap™ cling film, Ziploc™ storage bags
■Ceolus™ MCC■Baclad™ explosion-bonded metal composites,
AR Chemical Setter™ bonded anchors

Electronic compass

We have a large share of the
global market for electronic
compasses, which are used forelectronic map applications on
smartphones such as pedestriannavigation systems.

Gas sensors

CO 2 concentration is an indicatorof indoor air quality. Our CO 2
sensors contribute toenergy-efficient ventilation.

Bemberg™ cupro fiber

Saran Wrap™ cling film

Featuring a smooth feel,
attractive luster, and moistureabsorption/release, Bemberg™
from cotton linter is used inapplications ranging fromhigh-quality suit linings tofunctional innerwear and ethnic
garments.

Sold in Japan for more than 60
years featuring superior cling,barrier performance, and heat
resistance, it is Japan's
best-selling food wrapping film*.
*Cumulative sales value fromJanuary to December 2022 in SRI+
wrapping film market survey by
INTAGE Inc.

Centered on Hebel Haus™ unit homes and Hebel™ AAC panels,
we enable a safe, healthy, and comfortable life with technologies andservices that are friendly to people and considerate of the environment.

Our unit homes feature exceptional disaster
resistance, livability, and adaptability toenable residents to continue to live withsecurity and comfort.

Our pharmaceuticals business is positioned as a
specialized, R&D-centered operation, with thedevelopment of new drugs being advanced to offer
innovative and unique therapeutic solutions in thefields of orthopedics, critical/intensive care, urology,
the immune system, and the central nervous system
in Japan and immunosuppressant of Veloxis
Pharmaceuticals overseas.

Various products and services for living and residency
are focused on “long life.” To enable residency to span
across different generations, peripheral businesses
including remodeling, real estate, and urban
redevelopment offer a full range of services to help
maintain home asset value over the long term, yielding atruly rich living environment.

Hebel Village™ rental homes for seniors,
Hebel Builds™ medium-rise buildings
brokerage of used Hebel Haus™ homes

Our construction materials business includes
solution-oriented products and related services such as
Hebel™ autoclaved aerated concrete (AAC) panels,
Neoma Foam™ phenolic foam insulation panels,
foundation systems, and steel-frame structuralcomponents that meet emerging needs. We
continuously strive for improvements and innovations tocreate new value for the future of high-quality space.

Asahi Kasei Pharma
Veloxis Pharmaceuticals

2
enzymes for in vitro diagnostic reagents

A thrombomodulin agent produced throughgenetic engineering, it is used to treat
disseminated intravascular coagulation.

and hemodiafilters

Hebel Village™ rental homes
for seniors

Apartments featuring various services
for self-dependent seniors who do not
require nursing care are focused on
urban markets in Japan.

, Plaquenil™

Plasma separator,
ascites filter/ascites concentrator

Our medical care business contributes to theadvancement of medical treatment worldwide via
continuous innovation in various fields such as
medical device systems that respond to unmet
needs (such as chronic and acute renal disease,neurologic diseases and other intractableconditions), filters that improve the quality of bloodtransfusion products, and products that enable safeand efficient production of biotherapeutics at the
cutting edge of new drug development.

With high-level insulation performance,these panels contribute to the advanceof energy-conserving homes.

and hemodiafilters

Filters developed specifically for removing
viruses during the manufacture ofbiotherapeutics such as biopharmaceuticals andplasma derivatives.

AED 3™,
wearable defibrillator
automated CPR
temperature management system

outstanding resuscitation technology.

and data solutions■Ventilators■At-home test device, therapeutic device for sleep apnea

AED 3™
An AED featuring support for appropriate
chest compressions.

A wearable defibrillator for patients at high riskof cardiac arrest while awaiting implantation or
judgment to implant an ICD.

Asahi Kasei R&D

Asahi Kasei Sustainability

Fostering innovation
through diversity

Contributing to life and livingfor people around the world

Depending on the degree of novelty and the market growth potential, R&D in the Asahi Kasei Group is divided into

Sustainability for Asahi Kasei

medium- to long-term corporate R&D to create new businesses that span across different fields and R&D to enhanceestablished businesses. To leverage the diversity of our operating configuration, external resources such as corporate
venture capital (CVC) are proactively utilized for strategic investment in startups in the creation of new businesses.

Asahi
Kasei
Group

Based on high-level experts system for personnel
training, enhanced marketing functions using
digital tools to discern issues in society that leadto new markets.

Other
companies

Creating
businesses
that provide
new value

Academia

Advancing co-creation with academia and othercompanies to accelerate open innovation.

Annual R&D expenses

Breakdown of R&D expenses

105.0

UVC LEDs for water
disinfection

S-SBR for fuel-efficient
tires

Process technology

Urban infrastructure•Ion-exchange membrane process
for chlor-alkali electrolysis•Acrylonitrile production process•Elastomer for modified asphalt
pavement

Automotive

Residential, etc.

•Li-ion battery separator•Xyron™ lightweight resin•S-SBR for fuel-efficient tires•Hebel Haus™ unit homes•CO2 sensors•UVC LEDs for water disinfection

12%

89.7

billion( FY 2022 )Material

40%

44%
2021

2022

Photo byMainichi
Newspapers

Nurturing the Next Generation

Health Care

2020

CO2 sensors

Community fellowship

Corporate expenses￥105.02019

guidelines and the advice of outside experts.

(realization of Group Vision)

Action aligned with Group Values

R&D expenditure

2018

Contributing tosustainable society

Sustainable growth ofcorporate value

3 Open innovation(FY)

We internally certify our products and services that contribute tocycle as "Environmental Contribution Products" based on various

2 Dynamic marketing functions

98.7

Environmental Contribution Products
reduced environmental burden in society across their entire life

High-level experts system to deepen and expand
core technologies; strengthening diverse coretechnologies through promotion of digitaltransformation by nurturing experts.

91.0

of value to society for sustainability is enabled by high profitability that sustainably increases our corporate value,

Two aspects of sustainability
for Asahi Kasei

1 Enhancing various
core technologies

90.1

aspects of sustainability: contributing to sustainable society and sustainable growth of corporate value. Contribution
which in turn allows us to take new challenges for further contributions.

Basic concept for creating new businesses(￥ billion)

To contribute to life and living for people around the world, the Asahi Kasei Group pursues two mutually reinforcing

Homes

4%

Coexistence with the Environment

Raising interest in scienceamong youth

Tree-planting andreforestation activities

We held an event in support of a government
program to raise interest in careers in scienceand engineering among the young generation.

We contribute to the public benefit by planting
and nurturing forests that protect local
communities from natural disasters such as
flooding.

Promotion of Culture, Art, and Sports

Corporate sports activities
Our judo team and distance running teamhave produced many Olympic athletes. The
teams also actively participate in various
community fellowship activities.

Asahi Kasei Plastics Vietnam Co., Ltd.
Asahi Kasei Airbag Fabric Vietnam Co., Ltd.
Asahi Kasei Advance Vietnam Co., Ltd.
Asahi Kasei Jyuko Vietnam Corp.

Austin Companies LLC
Brewer Operations LLC
Erickson Framing Operations LLC
Focus Companies LLC
Synergos Companies LLC

Asahi Kasei Homes Australia Pty. Ltd
Arden Homes
Brighton Homes
McDonald Jones Homes
MOJO HomesNXT Building Group Pty. Ltd.
Steel Building Systems
Weeks Homes
Wilson Homes
ZOLL Medical Australia Pty.Ltd.

Corporate Profile

As of March 31, 2023

Asahi Kasei Network

New value is created atvarious locations in Japan

1,393,932,032￥3,454,526million

Officers

As of June 30, 2023

Chairman & Director

Hideki Kobori

President & Representative Director

Koshiro Kudo

Director

Kazushi Kuse

Audit & Supervisory
Board Member

Representative Director

Toshiyasu Horie

Director

Hiroki Ideguchi

Director

Masatsugu Kawase

48,897

Yuko Maeda

We are advancing the development of our business together with local communities in

Audit & Supervisory
Board Member

Takuya Magara

Outside Audit & Supervisory
Board Member

Akemi Mochizuki

Outside Audit & Supervisory
Board Member

Haruyuki Urata

Outside Audit & Supervisory
Board Member

Yoshikazu Ochiai

Chieko Matsuda

many locations throughout Japan, including Nobeoka, the birthplace or our operations,

Corporate configuration

Fuji, our core base for R&D, and Mizushima, the center of our petrochemical operations.

Centered on the operating holding company Asahi Kasei Corp. and seven core operating companies, the Asahi Kasei Group dose business inthe three sectors of Material, Homes, and Health Care.

Environmental Solutions
Mobility & Industrial
Life Innovation

Veloxis Pharmaceuticals, Inc.

Asahi Kasei Microdevices Corp.

Financial highlights

Pharmaceuticals(￥billion)

Fiscal year beginning April 1
Net sales
2,461.3

Operating income

Ordinary income

Net income attributableto owners of the parent

202.6

212.1

161.9

2,726.5

2,106.1
171.8

178.0

128.4

121.5
79.8

2022
FY 2020

Results by sector

2021 2022

FY 20202021 2022

FY 2020

Health Care
18%

2021 2022

2021

-91.3

Health Car
26%
Net sales 1￥2,726.5
billionOperating income1￥128.4

Material
49%

billion( FY 2022 )

Homes
33%
1

FY 2020

Excluding "Others" category and "corporate expenses and eliminations."( FY 2022 )

Homes
48%

Material
26%