Create
TogetherNissan Chemical Corporation has contributed to industrial development
leveraging the potential of chemistry since its founding in 1887.
Today's global society is facing various issues and challenges.
Digitalization, decarbonization, energy recycling, AI utilization, sustainable
development, declining birthrate, and aging population, to name just a few.
Nissan Chemical strives to help solve these issues, combining the potential ofchemistry with the companyʼ s innovative ideas and technologies.
Chemical reactions are continuously taking place everywhere, in people's daily
lives, in the global environment, and even in determining what you dream of.
Chemistry is truly full of amazing possibilities!
Nissan Chemical is a company that, founded on chemistry, supports today'ssociety and creates the future.
Fluralaner（p.10）

1

CONTENTS
Business Segments ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ p. 3
History of Our Technology and Research & Development・ ・ ・ ・ ・ p. 4
Chemicals ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ p. 5
Performance Materials ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ p. 7
Agricultural Chemicals ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ p. 9
Healthcare ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ p. 1 1
Planning and Development Division ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ p. 1 3
Corporate Summary ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ p. 1 5
Domestic and Overseas Bases ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ p. 1 6
Financial Information ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ p. 1 7
Sustainability Agenda ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ p. 1 8※The information shown represents the registration and sales of our technologies and products in Japan.

2

Business Segments
Most of the products are comprisedof industrial chemicals, such as
ammonia and sulfuric acid, andderivative products/high-purity
products that have been developed downstream with added
value. These products support
peopleʼ s lives in a wide range ofﬁelds. By building an eﬃcient production system, we strive to pro-Chemicals
Ammonia-related products
Sulfuric acid-related products
Fine chemicals(high added value chemicals)

vide excellent products and technologies while reducing the envi-

Performance
Materials
Liquid crystal alignment
material
Anti-reﬂective coating forsemiconductor lithography
Inorganic materialsronmental burden.

In this rapidly evolving business,
it is necessary to quickly andaccurately grasp the needs andtechnological trends of the market.
For this, sales, research, and production, including overseas bases,
are integrated, and we emphasize
activities that are closely related
to customers. We aim to contribute to the development of society
by providing products and services based on the reliable technical capabilities that we have

Four business segments maximize thecore technological capabilities cultivated throughout our history.
While keeping a close eye on changes
in the environment surrounding ourcustomers and markets and the global
situation, we will promote the expansion of existing products, which are thesource of our growth, and the steadydevelopment of new products.

cultivated.

We accelerated the selection andconcentration of business areas in

We contribute to a stable foodsupply through consistent businessactivities from research on potential
new agricultural chemicals totheir development, manufacture,and sales, and expansion of abroad product lineup through theacquisition of ingredients fromother companies and joint devel-3

opment of products.

Agricultural
Chemicals
Agrochemicals
Veterinary pharmaceuticals

order to appropriately respond to

Healthcare

Pharmaceuticals
Custom chemicals ~Finetech®~・Manufacturing processdevelopment
・Manufacturing of APIsand Intermediates

changes in the business environment and achieve mid- to long-term
growth. In April 2022, the drug
discovery research functions weretransferred to the Planning andDevelopment Division, and the
Healthcare Division will be responsible for manufacturing and sales of
new drugs and medical materials
as well as the Finetech Ⓡ business.

History of Our Technology
and Research & Development
High-density polyethylene (Closure)

Sulfuric acid

Polyimides

Surface Chemistrycompetitiveness. In addition to the existing core technologies, we have added
new core technologies such as“Microbial Control” and“Information Science.”❸ Biological Evaluation

Fertilizer

Polyvinyl chloride (Closure)with its ﬁve core technologies and they have become the main source of ourIntroduced Organic
Agrochemicals

Agricultural Materials

Petrochemicals

Originally a fertilizer manufacturer, Nissan Chemical Corporation has grown❹ Fine Organic Synthesis

Ammonia

New Proprietary Agrochemicals

Precision Technology

Heterocyclic Chemistry

New Core Technologies ❻ ❼Microbial Control

By controlling the microbiome in the soil, in the intestines, on theskin, etc., we intend to expand our business to broader areas suchas agrochemicals, healthcare, and the environment. We aim tocontribute to solving various social issues by commercializing
medical materials, biostimulants, etc. in addition to microbial
agrochemicals.

Information Science

Positioned as “technology that drives new value creation throughsimulation and data science” we will promote company-wide DX
as well as Materials Informatics (MI) in research departments forthe establishment of technology as a source of value creation in
all business domains.

❷ Functional Polymer Design
Chemicals❺ Optical Control

Core Technologies ❶〜❺（Basic Chemicals）

Existing Pharmaceuticals

Nitric acid, Urea,
Cyanuric acid❶ Ultraﬁne Particle Control

New Pharmaceuticals
・Contract Manufacture❷ Functional Polymer

Heterocyclic Chemistry❼ Information Science
Performance Materials（Display/Semiconductor
Materials)
Display materials
Semiconductor materials
Multilayer materials

Performance Materials（Inorganic Materials）

Colloidal silica
Organo sol
Monomer sol❻ Microbial Control
Chemicals（Basic Chemicals）
High purity chemicals
for semiconductors

Information &Communication
Materials

Optical interconnection materials

Environment& Energy Materials

Nucleating agents for PLA
Lithium ion battery materials

Chemicals（Fine Chemicals）
Environmental chemicals
Organic ﬁne chemicals

Agricultural Chemicals（Agrichemicals）

Herbicides
Fungicides
Insecticides

Agricultural Chemicals（Veterinary
Pharmaceuticals）

Active ingredientsfor veterinary
pharmaceuticals

Healthcare
・Cosmetic Materials

Design❸ Biological

Evaluation

Healthcare（Pharmaceuticals）
Pharmaceuticals
Contract manufacturingof APIs and intermediates

Cell culture materials
Anti-adhesion coating materials
Cosmetic materials

4Chemicals
Our Chemicals business started with the manufacture of sulfuric acid and ammonia.
Now, in addition to products for general industrial use, we provide our customers
with specialized products and technologies, including high-purity chemicals forelectronic material applications, high-grade urea solution for removing air pollutants,
and cyanuric acid derivatives for use in water quality improvement applications.

Basic Chemicals
We provide products for a wide range of ﬁelds ofdemand, focusing on sulfuric acid, nitric acid, ammonia, and other heavy chemicals, as well as
high-purity chemicals for the washing of semiconductors.

High-purity chemicals

Agents used for semiconductors/LEDs require
extremely high purity. We provide sulfuric acid,nitric acid and ammonia to this industry, receiving
high acclaim in the process.

Granulation
Tower,
symbol of
Toyama Plant

A ceramic bottle used tocarry sulfuric acid, produced
from 1893 to around 1960

AdBlue ®※AdBlue® is a high-grade urea
solution used in the “urea SCR
system,” a technology for purifying emissions. When sprayedonto emissions from diesel vehicles, it breaks down nitrogenoxide (NOx) into harmless nitrogen and water, which helps toreduce environmental impact.
※AdBlue® is a registered trademark of the
Verband der Automobilindustrie (VDA).

To reduce theenvironmental impact,
we are working on
modal shift.

5Auto-palletizer,
Onoda Plant

Fine Chemicals
We conduct business focused on environmental
chemical products, including the special epoxy

TEPIC“TEPIC®,” used as a sealant, etc., halogen-free ﬂame

retardant “melamine cyanurate,” highly branchedsaturated alcohol “FINEOXOCOL®” and the sterilizer/disinfectant HI-LITE® .
In addition, we also handle health foods such as
Nissan Reishi, OCEAN BRIGHT® SUPER DHA and etc.

HI-LITE®
Chlorinated isocyanulate is the main ingredient inthis product, which is used for the sterilization anddisinfection of swimming pools and water puriﬁcation tanks, and thus contributing to public hygiene.

TEPIC
TEPIC ® is an epoxy compound which possesses
excellent heat resistance, weather resistance, andtransparency. It is widely used in semiconductors,
LEDs, and substrate-related electronic materials aswell as in powder coating curing agents.

Nissan Reishi
Nissan Reishi is a safe Japanese-made health foodproduct created through domestic processing ofReishi mushrooms grown in Japan.

HI-LITE®

Nissan Reishi

6Performance Materials
Advancements in semiconductors, sensors, and displays are required torealize a smart society. The Performance Materials Division contributes tothe realization of a smart society through the expansion of applications forexisting products and the development of new products in the three pillarsof displays, semiconductors, and inorganic materials.

We started the manufacture and saleof ARC ※ in 1998 based on a licensing agreement with US company,
Brewer Science, Inc. ARC®is a coating material designed to prevent
issues such as irregular reﬂection
and interference of light, and coating
failure during micro-fabrication of thephotoresist.

BeforeDisplay Materials
Nissan Chemicalʼ s display materials business, led by
SUNEVER® (polyimide for LCD/ﬂat panel displays)
and peripheral materials such as NHC ® (insulating
hard coating), meets the needs of the expanding
display market in and around Asia.

After

Semiconductor Materials
Nissan Chemical has been providing bottom anti-reﬂective coating (ARC ® ※ ) materials for the microlithography semiconductor manufacturing process
and expanding its material technology and businessto multi-layer process material as well.
Currently, with the adoption of EUV exposure technology (wavelength: 13.5 nm, semiconductor
circuit width: 7 to 3 nm), we are promoting themass production and next-generation developmentof EUV materials and also focusing on three-dimensional (3D) packaging technology preparing forthe limits of optical shrink.

SUNEVER®
SUNEVER® is a polyimide-based liquid crystal alignment material. It is used to coat the surface of theouter glass panels to align liquid crystal molecules
in a certain direction.

ARC®※

7

In the ﬁeld of displays, research and development undertaken on polyimide resins in the early 1980s led to these products being adopted as orienting materials in early LCD
displays on devices such as calculators and watches.
Peripheral materials have since been supplemented to keep
up with advances in LCD display technology enabling thebusiness to achieve dramatic growth alongside that of LCD
displays.

ARC ® is an anti-reﬂective coating developed forsemiconductor lithography. It is used to coat thepart under the photoresist, to resolve a number ofissues with lithographic exposure such as reﬂection
from varying substrate levels. This makes it possible
to signiﬁcantly reduce the device failure rate.
※ARC ® is registered trademarks of Brewer Science, Inc.

Inorganic Materials
The foundation of Nissan Chemicalʼs inorganic
materials operations is our nanoparticle control
technology. As one of our core technologies wehave over many years continued to develop its
applications for a variety of ﬁelds in our eﬀort tosupply unique products.
More recently, with SNOWTEX ® as its major
brand, the products have expanded into cuttingedge ﬁelds, as coating materials for optical ﬁlms
and electronic substrate materials, etc. andgained a reputation as indispensable products ina wide variety of ﬁelds.

SNOWTEX®
SNOWTEX® is a colloidal solutionin which ultraﬁne particles ofsilicic acid anhydride aredispersed in water as thedispersion medium. Oﬀering various functions, it is used for awide range of products such as
coating materials for optical ﬁlms
and electronic substrate materials, etc.

Usage examples of inorganic colloids
Coating
materials for
optical ﬁlms

12-inch wafer
coating system

Our nanosilica
dispersions work
as a ﬁller of hardcoatings andimprove the hardness, anti-scratch
property, andanti-blocking property of opticalﬁlms.

Binding
Investment
castings /Catalyst
support /Refractories
By sintering athigh temperature,
our colloid products form a strong
bond and are used
as an inorganic
binder.

LCD burn-in test

Refractive index
measurement withprism coupler

Electricalinsulating
varnishSilica sol is usedfor various motor
applications toimprove electricalinsulating properties.

SNOWTEX

High-refractiveindex coating

Improves hardness,
scuﬀ resistance, soil
resistance, and corrosion resistance.

8Agricultural Chemicals
The Agricultural Chemicals Division provides customers with agrochemicals,
agents for green space management, and veterinary pharmaceuticals based on
the idea of a stable food supply for people around the world and agrochemicals
that are also friendly to the global environment. As a company that provides
products which contribute to a stable food supply, we are promoting various efforts to solve social issues.
ROUNDUP ®

Agrochemicals
We develop, manufacture, and sell herbicides, insecticides, and fungicides, etc., for use on agricultural
ROUNDUP®

land and green spaces as well as herbicides forgeneral households.

ROUNDUP® is a herbicide used all over theworld which has low toxicity to humans and animals and does not remain in the soil or in theenvironment. In 2002, we acquired exclusive
marketing rights in Japan from Monsanto.

ALTAIR®
ALTAIR is a wide-spectrum herbicide that is highly
eﬀective in eliminating bulrush and cyperaceousperennial weeds. It is also eﬀective for weeds thatare resistant to conventional sulfonylurea-basedherbicides. We market this product in Asia,
primarily Japan, South Korea and China.

GRACIA ®
GRACIA ® , a pesticide developed in-house, isfast-acting on a wide range of crop pests and has
little impact on honeybees which are useful insects.
Since it was launched in South Korea ahead ofJapan in 2018, it has been sold in Asia (India/Indonesia), the Middle East (Saudi Arabia/UAE), andWest Africa.

ZIMANDITHANE ®

9

ZIMANDITHANE ® is a long-favored protective
fungicide. Because of its excellent rain resistance, highly active ingredient, and wide spectrum of eﬀective diseases and suitable crops, it isfavored by many producers.
ZIMANDITHANE®

Veterinary Pharmaceuticals
We develop and manufacture drug substances forexternal antiparasite drugs for animals.

Fluralaner
Fluralaner is a compound invented by Nissan Chemical
used as an active ingredient in the veterinary pharmaceutical “BRAVECTO®※” and “EXSOLT®※” developed

Green SpaceManagement Agentsby MSD Animal Health (MAH). We manufacture andsupply it to MAH as an API of veterinary pharmaceuticals. Fluralaner has remarkable features: it is highly
safe and acts rapidly against major species of ﬂeas

We develop, manufacture, and sell herbicides,
insecticides, and fungicides, etc., for use in golfcourses, parks, etc.

and ticks and has a longer insecticidal eﬀect thanexisting products as its eﬀects remains even whenhighly diluted. EXZOLT® is a poultry medicine against

IKARUGA®
Contains Thiﬂuzamide, which was acquired fromDow AgroSciences in 2010, and is eﬀective forlarge patch disease in grass lawns. For agricultural land, it is sold as the fungicide "GREATAM ® "for sheath blight disease in rice ﬁelds.

red mites, held in high regard in Europe and beyond.

※BRAVECTO ® and EXZOLT® are registered trademarks of Intervet
International B.V. and Intervet Inc.

IZANAMI ®
Insecticide, that contains the proprietary active
ingredient Fluxametamide, protects grass against
pests like Bluegrass webworm, Lawn cutworm
and varieties of Japanese Beetle (larva).
This insecticide is also promoted with othertrade name GRACIA® that is a quick-action,broad-spectrum insecticide for agricultural targets on vegetables and tea.

IKARUGA®

IZANAMI®

BRAVECTO®

10Healthcare
Since entering the pharmaceutical business in 1982, the Healthcare Division has
developed and launched a variety of products, starting with the external preparation of EPATEC ® , which contains ketoprofen. With the technology we have cultivated so far, we will provide superior pharmaceuticals and medical materials
for the sake of irreplaceable lives and smiles around the world.

Healthcare
In 1994, a calcium channel blocker efonidipinehydrochloride (brand name: LANDEL®※) was
launched as our companyʼ s ﬁrst new pharmacological. It is also available in South Korea underthe brand name of “FINTE ® .” We discovered a
new drug, pitavastatin calcium (brand name:
LIVALO ®※), and launched by Kowa Company, Limited in 2003 on the Japanese market. Currently,
it is sold in 30 countries around the world.

Pitavastatin calcium hydrate(brand name: LIVALO®※）

This is an antihypercholesterolemic agent characteristic of having a strong LDL cholesterol reduction eﬀect and causing less drug-interactions.

Efonidipine hydrochloride(brand name: LANDEL®※ , FINTE®）
This is a long-acting calcium channel blocker
characteristic of having renal protective functions.
It is used for treating hypertension and angina.
※EPATEC ® and LANDEL ® are registeredtrademarks of Zeria Pharmaceutical Co., Ltd.
and LIVALO ® is a registered trademark of
Kowa Company, Limited.

11

Pitavastatin Calcium Hydrate
HMG-CoA Reductase Inhibitor

Custom Chemicals
We operate a “solution proposal” contract business and a joint development business thatprovide total support for the development ofactive pharmaceutical ingredients (APIs) in
response to customer needs. We accept contracts for the development of manufacturing processes at each stage from preclinical to commercial production, as well as for the manufacture ofAPIs and intermediates under GMP-compliant
conditions. In recent years, we have developed,
manufactured and sold high-potency genericAPIs like prostaglandin derivatives and vitamin
D3 derivatives by using our ﬁne organic synthesis
platform.

Maxacalcitol
Maxacalcitol is used in the treatment of psoriasis
vulgaris and secondary hyperparathyroidism.

Eldecalcitol
Eldecalcitol increases bone mass and is used in
the treatment of osteoporosis.

Consignment
・Manufacturing of APIs and Intermediates
Puriﬁcation using large-scale preparative columns.
Manufacturing of high potency active pharmaceuticalingredients.

・Process Research

Development of novel synthetic routes.

Scale-up research, etc.

・Peptide Synthesis

The synthesis of medium-molecule pharmaceuticals (e.g.,
peptides and nucleic acids) by our proprietary liquid-phase
synthesis technology “SYNCSOL®” that is price competitive anda method that we developed.

SYNCSOLⓇ：Original Convergent Liquid Phase
Peptide Synthesis Technology

The Onoda Plant

Manufactures active pharmaceutical ingredients (APIs) and their intermediates. In addition to GMP compliance, it is regularly
inspected by domestic and foreign regulatory
authorities as well as by customers to whom
it delivers APIs, and its level of quality is
consistently highly evaluated.

12Planning andDevelopment Division
①
●

②
●

③
●

The mission of the Planning and Development Division is to create new materials and new
businesses that will become future pillars in the ﬁelds of Information & Communication, Environment & Energy, and Life Science. As a future-creating company, we will challenge the unlimited possibilities of chemistry and strive to create high value-added products that meet the“trust” of our customers.

Healthcare Business
Development Department
Nissan Chemical Corporation has combined its
unparalleled expertise in materials and biologicalevaluation to develop game-changing innovations. Our solutions beneﬁt drug discovery
including oligonucleotide therapeutics, material
development for regenerative medicine, cosmetics and other healthcare business ﬁelds.

Oligonucleotide Drug Discovery Platform
Nissan Chemicalʼs oligonucleotide drug discovery
platform, consisting of (1) modiﬁed nucleic acid
MCEs, (2) single-stranded herteroduplex oligonucleotides, and (3) in silico sequence design algorithms, provides antisense oligonucleotide therapeutics with high eﬃcacy and safety.
We are working on innovative oligonucleotide
drug discovery using our own platform through13

improves spheroid formation, bioanalysis, anddrug screening due to its high anti-adhesion eﬃ-

in-house research and collaborations with pharmaceutical companies to build our R&D portfolio.

cacy against cells, proteins including antibodies,
nucleic acids, and viruses.

Cell culture material ●①●②●③
The 3-dimensional (3D) culture method "FCeM ®
series" realizes suspension and dispersion culture④●⑤
Cosmetic Materials ●NFG is a cosmetic material for skin care and haircare. It is a product that applies the self-organiza-of adherent cells, and provides a culture environment that reduces stress and damage to cells
during culture. Cellhesion ® is a new culture scaf-

tion phenomenon of the characteristic integrantpalmitoyl dipeptide-18, and in skin care applications, by forming a ﬁber ﬁlm, it has both excellent

fold that enables distributed culture of somatic
cells showing anchorage-dependent proliferationsuch as mesenchymal stem cells, and FCeM ® Ad-

moisturizing properties and a non-sticky feel. In
hair care applications, by detecting and repairingdamage inside the hair, you can experience

vance-CR makes non-freeze storage and transport of spheroids and organoids possible.

improvements in hair suppleness.

Anti-adhesion Coating Materials ●⑥●⑦●⑧
prevelex ® is a hydrophilic, anti-adhesion coating
applicable to clinical application. prevelex®

④
●

⑤
●

⑥
●

prevelex®CC1
not applied

prevelex ®CC1
applied⑦●

⑨●

Information & Communication
Materials Development
Department
Our departmentʼ s task is the planning and development of novel electronic materials for the next

generation display and semiconductor packaging
industry, as well as optical functional materials
for the high-speed communication ﬁeld.

SUNCONNECT ® ●⑨
SUNCONNECT is a polymer optical waveguideresin material with transparency from visible tonear infrared region and solder reﬂowable, forthe high-speed communication ﬁeld.

Environment & Energy Materials
Development Department
We are developing materials for secondary batteries such as high capacity, High energy density
lithium-ion batteries, materials for fuel cells, andmaterials for next generation solar cells.

Ecopromote ®

molding process of polylactic acid: PLA. It dramatically increases the crystallization rate andproduces ﬁne and uniform crystals. And theseeﬀects improve the molding cycle, heat resistance, and transparency of PLA products.

Lithium-ion Secondary Battery Materials

11 ●
12 ●
13
⑩●
●

We mainly develop the additive for lithium-ion
secondary battery materials. Adding a small

amount of this additive to the electrode material
enhances the property stability and improves theperformance of the battery. We are also developing materials that reduce electrode resistance,
further improve adhesion, and improve battery
performance by coating aluminum foil andcopper foil that serve as current collectors.

Environmental Harmony Materials
We are developing ion-conducting polymers that
contribute to platinum reduction in fuel cells,

⑩
●

⑪
●

Animal Care Planning GroupAs we expect the veterinary drug market to continue to grow in the future, we are dedicating
further resources for the research and development of small molecule drugs in the veterinaryﬁeld. We are also formulating strategies toestablish a system for the development and marketing of veterinary medicines within Japan.

Innovative Materials
Planning Department
Through collaboration, investment, and M&A
with start-up companies, we are working toaccelerate commercialization by introducing newmaterials and technologies that will be thepillars of our future business and revitalizing themetabolism of development themes, by working
with Nissan Chemical America Corporation.

organic thin-ﬁlm solar cells as next-generation
solar cells, and materials that improve the performance of perovskite solar cells.

Ecopromote ® acts as a stable nucleus during the

⑧
●

12

13

14

Corporate
ProﬁleOrganization
Internal Audit Department
Chemical Division
Performance Materials DivisionCorporate Summary
Corporate Name : Nissan Chemical Corporation(from July 1st 2018)
Head Oﬃce : 5-1, Nihonbashi 2-Chome,
Chuo-ku, Tokyo 103-6119, JapanFounded in 1887 as Japan's ﬁrst chemical fertilizer
manufacturer

2024
Sales Consolidated : 226.7 billion yen
Operating Proﬁt Consolidated : 48.2 billion
yen“Contribute to society with excellent technologies

Contribute to the protection of the“Respect people who exhibit a sense of responsibili-Intellectual Property Department
GeneralMeeting of
Shareholders

Audit &
Supervisory
Board

Board ofDirectors

Chairman& CEO

Animal Care Planning Group

Planning Ofﬁce

President& COO

Risk Management & Compliance Ofﬁce

Health Promotion Ofﬁce
Secretarial Ofﬁce

Sustainability Promotion& IR Department

Sustainability Promotion GroupIR Group

Finance & Accounting
Department
General Affairs Ofﬁce
Digital Transformation
Department

Production Technology
Department

global environment and theEnvironment, Safety &Quality Assurance Department

existence/development of
humanity, oﬀering the value sought

Sodegaura Plant

by society.

Saitama Plant
Toyama Plant

History

Nagoya Plant

Nissan Chemical was founded in 1887 as Japanʼ s ﬁrst chemicalfertilizer manufacturer. It all started when TAKAMINE Jokichi, aOnoda Plant

world-famous chemist, visited a chemical fertilizer manufacturer

Chemical Research Laboratories

while studying in England and introduced the technology to Japan.
With the support of SHIBUSAWA Eichi, MASUDA Takashi, and other

Materials Research Laboratories

business leaders at the time Tokyo Jinzo Hiryo, the predecessor of
Nissan Chemical, was established.

Corporate Planning Department

Environment & Energy Materials
Development Dept.

Personnel Department

ty, originality and motivation.”

15

Purchasing Department

Information & Communication Materials
Development Dept.

Legal Ofﬁce

Corporate Philosophy(Corporate Purpose)

eﬀorts to constantly develop new areas.”

Planning and Development Div.

ed), 2,011 (Non-consolidated) as of March

Mission Statement (Our Values)“Promote prosperity and welfare through concerted

Innovative Materials Planning Dept.
Healthcare Business Development Dept.

Number of Employees : 3,137 (Consolidat-

Founded as Tokyo Jinzo Hiryo, name later changed to Dainippon Jinzo Hiryo
Changed corporate name to Nissan Chemical Industries, Ltd.
Established Nissan Chemical America Corporation (NCA)
Established Nissan Chemical Houston Corporation (NCH)
Established Nissan Chemical Korea Co., Ltd. (now, NCK Co., Ltd.)
Established Nissan Chemical Europe S.A.S. in France
Established Nissan Chemical Agro Korea Ltd.
Established Nissan Chemical Product (Shanghai) Co., Ltd.
Established Nissan Chemical Do Brasil
Established Nissan Agro Tech India PVT. LTD.
Established Nissan Chemical Materials Research (Suzhou) Co., Ltd.
Changed corporate name to Nissan Chemical Corporation
Established Nissan Bharat Rasayan PVT. LTD.
Established Nissan Chemical Agro Singapore Pte. Ltd.

and products.”

Research Management Dept.

Healthcare Division

Capital Stock : 18,942 million yen

History
1887
1937
1989
1996
2001
2002
2005
2014
2016
2017
2017
2018
2020
2023

Agricultural Chemical Division

TAKAMINE Jokichi SHIBUSAWA Eichi（1854 〜 1922）（1840 〜 1931）

Biological Research Laboratories

Digital Strategy Ofﬁce
Information Systems Ofﬁce

Overseas Bases

Bases
Domestic Bases
Manufacturing Bases■ Toyama Plant■ Saitama Plant

Research and Development Bases■ Biological ResearchLaboratories Shiraoka■ Materials ResearchLaboratories Funabashi

FranceNissan Chemical Europe S.A.S.
■Sales of agrochemicals● Basic Chemicals● Performance Materials● Semiconductor Materials● Environmental Chemicals● Agrochemicals● Agricultural Chemicals
R&D Dept.
● Toxicology & Environmental
Science Dept.
● Medicinal Research Dept.

■ Nagoya Plant● Analysis Research Dept.
● Synthesis Research Dept.
● Agricultural Chemicals
Research Dept.
● Pharmaceutical Research Dept.

India■ Materials ResearchLaboratories

Nissan Bharat Rasayan PVT. LTD.

ToyamaAmerica

Nissan Chemical America Corporation■Manufacture and sales of inorganic
materials

Nissan Agro Tech India PVT. LTD.
■Sales support and promotional
services for agrochemicals■Manufacture and export of active
ingredients of agrochemicals

Santa Clara Oﬃce

■Market and technology development

Brazil● High-purity Sulfuric acid● High-grade Urea solution

Nissan Chemical Do Brasil■ Head Oﬃce

■Sales support and promotional
services for agrochemicals★ Tokyo■ Sales Oﬃce

■ Onoda Plant● Semiconductor Materials
Research Dept.

● Sapporo● Sendai

Funabashi● Nagoya● Osaka

Singapore

Korea

Nissan Chemical Agro Singapore Pte. Ltd.

NCK Co., Ltd.

■Sales support and promotional
services for agrochemicals● Hiroshima● Fukuoka■Manufacture and sales of display andsemiconductor materials

China● Agricultural Chemicals● Pharmaceuticals

Nissan Chemical Product (Shanghai) Co., Ltd.

★

● Display Materials Research Dept.
● Advanced Materials Research Dept.
● Frontier Materials Research Dept.

■ Sodegaura Plant■Sales support and promotional
services for agrochemicals
Nissan Chemical Materials Research (Suzhou)Co., Ltd.
■R&D, sales support and promotional services
for performance materials

Nissan Chemical Agro Korea Ltd.
■Sales of agrochemicals

TaiwanSodegaura

Nissan Chemical Taiwan Co., Ltd.
■R&D and sales support for display
and semiconductor materials

Details about domestic
bases from this QR● Performance Materials● Display Materials● Inorganic Materials

Details about overseas
bases from this QR● Inorganic Materials Research Dept.

16

Financial Highlights／Features
Financial Highlights

-0.5
-1%
Billions of yen

Sales

2021

2022

2023

208.0

228.1

226.7

Ordinary Income■Chemicals

35.6
16%

2.8 0.0
6% 0%■Performance
Materials

FY2023OperatingProﬁt■Agrochemicals

Sales■Healthcare(Consolidated)
226.7 Billion yen

38.0

41.1

38.8

Net Income

82.1
36%

51.6

55.8

53.7

18.1
8%

FY2023

48.2

52.3

51.0

Operating Proﬁt

6.3
3%

84.6
37%

23.4
49%

■Others

22.5
47%(Consolidated)
48.2 Billion yen

upper : amount(Billions of Yen)lower : percentage

Features

Recording Stable
OP Margin60

40(￥Billion)

Operating Proﬁt(￥Billion)

OP Margin
24.5%

51.0

22.9%
52.3

High ROE

30％
21.3%
48.2

25％
20％
15％

Net Income
19.2%

19.4%
17.1%

40
30

ROE

38.8

41.1

38.0

16.5%
38.4

5%
0
21

22

23

0%
(Fiscal Year)■ OP margin has been above 10%
for 21 consecutive years(FY2003-2023)

20

10％

7.7%

16.0

R&D expenses/Sales

10％

7.6%

8％

7.4%
16.8

17.3

5%

21

22

23

24E

0%
(Fiscal Year)■ Positioned ROE as the most importantﬁnancial indicator for many years■ Mid-Term Plan FY2022-2027
Target: above 18%

Total Dividend Amount
Share Repurchase Amount
Total Payout Ratio
100％(￥Billion)

6％

30
76.0%

78.0%

86.0%

2%

5

0%

0
21

22

23

（Fiscal Year）■ Maintained about 8% R&D
expenses/sales in recent years■ Approximately 40% of main
career track employees are R&D personnel

80％
60％

20

4%

10

10
0

15％

25

15

20

R&D expenses(￥Billion)
20％

10％

20

17

50

Aggressive
Shareholder Returns

R&D Oriented

40%
10

0

20%
0%
21

22

23

(Fiscal Year)■ Total Payout Ratio
Mid-term Plan FY2022-2027
Target : 75% after FY2020➡ Achieved

Nissan Chemical Sustainability Agenda
A plan to pursue “what we can do for the future of the globe and humankind”
by providing products and services that contribute to solving social issues.

Actualizing asustainable futurefor our planet

Actualizing
sustainable comfort
for all

Reduce CO 2

Solve health issues
for humankind andanimals

Reduce waste

Achieve asmart society

Conserve aquatic
environments

Solve foodshortages

The Nissan Chemical Sustainability Agenda is a plan to pursue

Key Performance
Indicator(KPI)“what we can do for the future of the globe and humankind”
by providing products and services that contribute to solvingsocial issues.

Rate of total sales of
products and services that
contribute to solving social
issues in consolidated net
sales

Maintainat least

We deﬁne “Actualizing a sustainable future for our planet (ToTomorrow) “ and “Actualizing sustainable comfort for all (BeHappy)” as areas of contribution, and deﬁne the rate of total

55％

sales of products and services that contribute to these areas
as a key performance indicator (KPI). In “Vista2027,” we haveset a target of “maintaining at least 55%,” aiming to further
expand our target products and services by fostering coretechnologies toward 2050.

Achievement of Carbon Neutrality
by 2050
We will focus on achieving carbon neutrality by
FY2050 by changing raw materials and fuels,
promoting energy savings,adopting renewableenergy, introducing carbon negative technology, andtaking other related measures.

Trend of GHG
Emissions

450(SCOPE1+2)

△30%

449
363

300

318

345

328
254

150
0

(1,000 tons -CO2)

Net Zero
2011

2018

2020

2021

2022

Main Initiatives

Vista - Conversion of heating furnace fuel and
2021 auxiliary boiler fuel from heavy oil to LNG- Conversion of naphtha (raw material) to LNG- Zero N2O emissions from nitric acid plants- Melamine production shutdown- Fuel conversion

CarbonNeutrality- Improvement of production
technology and processes- Upgrade to energy-efﬁcientequipment- Electriﬁcation of fossil fuels

2027
Target2050
Target- Introduction of renewable energy- Introduction of carbon negativetechnology

18
24.7.400

www.nissanchem.co.jp