3407
Asahi Kasei Corporation
旭化成株式会社
Chemicals
Asahi Kasei Corporation engages in material, homes, healthcare businesses. The company offers Pimel photosensitive polyimide/PBO precursor, a liquid photosensitive material for buffer coating and packaging applications; Sunfort dry film photoresist to form circuit patterns on printed wiring boards; Novacure, a latent curing agent for epoxy resin with storage stability; glass fabric for printed circuit boards; plastic optical fiber; suede products under the Dinamica name; Microza UF and MF industrial membranes and systems; Aciplex membranes, process equipment, and systems for caustic soda production; Hipore, a microporous polyolefin sheet which prevents the anode and cathode from contacting one another; Celgard, a lithium-ion battery separator; Deramic, a lead acid battery separator; photopolymers and platemaking systems; and fiber products under the Bemberg, ROICA, ELTAS, Bemliese, EUTEC, Precisé, SEMIA, smash, PULSHUT, Lastan, Cubit, NanoAct, ECORISE, BioCradle, CMC-Bemliese names. It also provides cling film, bags and containers, and dishwashing liquid under the Saran Wrap, Ziploc, Cookper, Frosch names; packaging products under the OPS, Suntec, Barrialon, PVDC latex, and Saran names; pharmaceutical and food additives under the Ceolous and Celphere names; and clads and anchors under the Baclad and AR Chemical Setter names. In addition, the company is involved in the provision of remodeling services; real estate-related operations; offers unit homes and apartment buildings; autoclaved aerated concrete, foundation systems, thermal insulation material, structural systems and components products; prescription drugs in the fields of orthopedics, critical/intensive care, urology, immune system, and central nervous system; enzymes and diagnostic products; and hemodialysis, therapeutic apheresis, and autologous blood-related businesses. The company was founded in 1931 and is headquartered in Tokyo, Japan.
Price
¥1,787
Market Cap
¥2.4T
Ent. Value
¥3.1T
Net Debt
−¥657.0B
Shares Out.
1.4B
P / E
18.2×
EV / EBIT
14.6×
P / Book
1.31×
P / NCAV
N/M
Div. Yield
2.13%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Net Sales | ¥3,037.3B | ¥2,784.9B | ¥2,726.5B | ¥2,461.3B |
| Cost of Sales | ¥2,079.1B | ¥1,968.9B | ¥1,952.7B | ¥1,691.5B |
| Gross Profit | ¥958.3B | ¥816.0B | ¥773.8B | ¥769.8B |
| SG&A | ¥746.3B | ¥675.2B | ¥645.4B | ¥567.1B |
| Operating Income | ¥211.9B | ¥140.7B | ¥128.4B | ¥202.6B |
| Non-Operating Income | ¥20.8B | ¥17.7B | ¥14.1B | ¥21.7B |
| Dividend Income | ¥3.4B | ¥3.5B | ¥4.0B | ¥4.3B |
| Interest Income | ¥10.0B | ¥7.7B | ¥3.9B | ¥1.4B |
| Non-Operating Expenses | ¥39.3B | ¥68.3B | ¥20.9B | ¥12.3B |
| Interest Expense | ¥9.1B | ¥7.4B | ¥5.9B | ¥3.6B |
| Ordinary Income | ¥193.5B | ¥90.1B | ¥121.5B | ¥212.1B |
| Pre-tax Income | ¥194.6B | ¥28.8B | ¥-61.9B | ¥215.1B |
| Income Taxes | ¥54.2B | ¥-17.5B | ¥27.5B | ¥51.3B |
| Current Tax | ¥47.9B | ¥32.0B | ¥56.1B | ¥93.0B |
| Deferred Tax | ¥6.3B | ¥-49.5B | ¥-28.7B | ¥-41.8B |
| Net Income (owners) | ¥135.0B | ¥43.8B | ¥-91.3B | ¥161.9B |
| Minority Interest | ¥5.4B | ¥2.5B | ¥1.9B | ¥2.0B |
| Comprehensive Income | ¥131.5B | ¥206.2B | ¥25.8B | ¥261.5B |
| EBITDA | ¥398.0B | ¥322.9B | ¥305.0B | ¥350.8B |
| Goodwill Amort. (J-GAAP) | ¥32.6B | ¥29.6B | ¥37.7B | ¥28.4B |
| EPS | ¥97.94 | ¥31.60 | ¥-65.84 | ¥116.68 |
| Shares Outstanding | 1.36B | 1.39B | 1.39B | 1.39B |
| Shares Issued (total) | 1.37B | 1.39B | 1.39B | 1.39B |
| Treasury Shares | 7.8M | 7.8M | 7.8M | 7.8M |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥4,015.2B | ¥3,662.7B | ¥3,454.5B | ¥3,349.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥1,769.4B | ¥1,650.0B | ¥1,488.2B | ¥1,334.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥393.5B | ¥338.1B | ¥251.2B | ¥244.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trade Receivables | ¥491.4B | ¥485.9B | ¥442.7B | ¥434.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥2,245.8B | ¥2,012.7B | ¥1,966.3B | ¥2,014.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥920.6B | ¥853.3B | ¥871.7B | ¥805.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | ¥389.6B | ¥360.7B | ¥368.1B | ¥431.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥930.6B | ¥754.7B | ¥736.8B | ¥836.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | ¥168.4B | ¥188.3B | ¥212.6B | ¥246.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥69.2B | ¥84.6B | ¥45.9B | ¥54.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥2,101.3B | ¥1,814.1B | ¥1,758.5B | ¥1,630.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥964.6B | ¥914.6B | ¥912.2B | ¥923.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | ¥193.6B | ¥213.3B | ¥180.6B | ¥178.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥203.2B | ¥178.1B | ¥196.0B | ¥239.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | ¥18.7B | ¥17.8B | ¥17.5B | ¥58.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥1,136.7B | ¥899.5B | ¥846.4B | ¥706.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥847.2B | ¥625.9B | ¥579.4B | ¥413.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | ¥121.6B | ¥133.4B | ¥128.7B | ¥152.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥55.6B | ¥20.2B | ¥27.8B | ¥52.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥1,913.9B | ¥1,848.6B | ¥1,696.0B | ¥1,718.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | ¥103.4B | ¥103.4B | ¥103.4B | ¥103.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥80.3B | ¥80.3B | ¥79.8B | ¥79.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥1,191.1B | ¥1,135.5B | ¥1,142.3B | ¥1,282.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-8.0B | ¥-7.3B | ¥-7.4B | ¥-6.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥492.7B | ¥501.5B | ¥342.8B | ¥228.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥1,366.8B | ¥1,311.9B | ¥1,318.1B | ¥1,459.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥54.5B | ¥35.2B | ¥35.1B | ¥31.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥1,050.5B | ¥804.0B | ¥775.5B | ¥653.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥-657.0B | ¥-465.9B | ¥-524.3B | ¥-408.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥-331.8B | ¥-164.1B | ¥-270.3B | ¥-296.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥-244 | ¥-118 | ¥-195 | ¥-214 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥1,007 | ¥946 | ¥951 | ¥1,053 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥301.5B | ¥295.3B | ¥90.8B | ¥183.3B |
| Taxes Paid | ¥-45.5B | ¥-34.8B | ¥-110.6B | ¥-59.1B |
| Interest Paid | ¥-8.5B | ¥-7.0B | ¥-5.9B | ¥-3.6B |
| Interest Received | ¥15.9B | ¥14.8B | ¥13.7B | ¥7.2B |
| D&A | ¥153.5B | ¥152.6B | ¥139.0B | ¥119.7B |
| Goodwill Amort. | ¥32.6B | ¥29.6B | ¥37.7B | ¥28.4B |
| Investing CF | ¥-381.1B | ¥-142.6B | ¥-213.6B | ¥-221.0B |
| CapEx | ¥201.7B | ¥147.7B | ¥152.0B | ¥142.3B |
| Purchase Investments | ¥-8.0B | ¥-10.6B | ¥-7.4B | ¥-5.8B |
| Proceeds from Invest. | ¥36.9B | ¥37.6B | ¥43.2B | ¥33.4B |
| Financing CF | ¥144.6B | ¥-94.3B | ¥111.8B | ¥42.3B |
| Dividends Paid | ¥-50.0B | ¥-50.0B | ¥-48.6B | ¥-47.2B |
| Share Buybacks | ¥-30.0B | ¥-12M | ¥-1.4B | ¥-412M |
| LT Debt Repaid | ¥-72.5B | ¥-54.5B | ¥-75.5B | ¥-51.1B |
| Free Cash Flow | ¥99.8B | ¥147.6B | ¥-61.2B | ¥41.0B |
| Net Change in Cash | ¥56.4B | ¥88.0B | ¥4.7B | ¥25.6B |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| ROE | 7.4% | 2.5% | -5.5% | 10.3% |
| ROA | 3.5% | 1.2% | -2.7% | 4.8% |
| EPS | ¥97.94 | ¥31.60 | ¥-65.84 | ¥116.68 |
| DPS | ¥38.00 | ¥36.00 | ¥36.00 | ¥34.00 |
| BPS | ¥1,369.16 | ¥1,308.20 | ¥1,198.30 | ¥1,216.33 |
| FCF/Share | ¥73 | ¥106 | ¥-44 | ¥30 |
| NCAV/Share | ¥-244 | ¥-118 | ¥-195 | ¥-214 |
| Payout Ratio | 38.8% | 113.9% | — | 29.1% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 10
Capital Allocation Signals 1
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-12
12:30
|
Div Increase | ¥29.9B ¥22.0/sh +10% | Asahi Kasei announced a dividend increase for FY2026 (ended March 31, 2026), raising the final dividend to 22 yen per sh… | |
|
Summary
Asahi Kasei announced a dividend increase for FY2026 (ended March 31, 2026), raising the final dividend to 22 yen per share (10% increase from prior year's 20 yen), bringing total annual dividend to 42 yen. The company also announced FY2027 dividend guidance of 44 yen per share, reflecting its commitment to progressive dividends targeting 3% DOE as part of its medium-term management plan.
YoY: +10%
Source (JP)
2026年3月期の1株当たりの期末配当につきまして、22円とさせていただきました。この結果、中間配当(20円)を加えた年間配当は1株当たり42円となります。
2026年3月期剰余金の配当(増配)および2027年3月期配当予想に関するお知らせ
TDnet PDF
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| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
The Master Trust Bank of Japan, Ltd. (Trust Account)
日本マスタートラスト信託銀行株式会社(信託口) (注) 1
|
224,915 | 16.54% |
| 2 |
Custody Bank of Japan, Ltd. (Trust Account)
株式会社日本カストディ銀行(信託口) (注) 1
|
89,413 | 6.58% |
| 3 |
Nippon Life Insurance
日本生命保険相互会社
|
40,880 | 3.01% |
| 4 |
Employee Stock Ownership Plan
旭化成グループ従業員持株会
|
38,489 | 2.83% |
| 5 | JPモルガン証券株式会社 | 32,237 | 2.37% |
| 6 |
STATE STREET BANK WEST CLIENT - TREATY
STATE STREET BANK WEST CLIENT - TREATY 505234(常任代理人 株式会社みずほ銀行決済営業部)
|
26,280 | 1.93% |
| 7 |
State Street Bank and Trust Company
STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 株式会社みずほ銀行決済営業部)
|
20,967 | 1.54% |
| 8 |
Custody Bank of Japan, Ltd. (Trust Account)
みずほ信託銀行株式会社退職給付信託 みずほ銀行口再信託受託者 株式会社日本カストディ銀行 (注) 1
|
19,800 | 1.46% |
| 9 |
Sumitomo Life Insurance
住友生命保険相互会社
|
19,778 | 1.45% |
| 10 | 明治安田生命保険相互会社 | 18,416 | 1.35% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
24.6%
+0.4% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
3.5%
-1.5% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
11.0%
+0.6% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 39.1% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 日本マスタートラスト信託銀行 | 15.49% | 16.18% | 16.54% +0.36% | |
| 日本カストディ銀行 | 7.57% | 7.95% | 8.04% +0.09% | |
| State Street | 1.73% | 1.97% | 3.47% +1.50% | |
| Nippon Life Insurance 日本生命保険 | 2.95% | 2.95% | 3.01% +0.06% | |
| Employee Stock Ownership Plan 旭化成グループ従業員持株会 | 2.71% | 2.78% | 2.83% +0.05% | |
| JPモルガン証券 | — | 1.72% | 2.37% +0.65% | |
| Sumitomo Life Insurance 住友生命保険 | 1.43% | 1.43% | 1.45% +0.02% | |
| 明治安田生命保険 NEW ENTRY | 1.33% | — | 1.35% NEW | |
| JP Morgan last seen 2024 | Exited Top 10 | 3.41% | 3.04% | — |
| Sumitomo Mitsui Banking Corporation 三井住友銀行 last seen 2024 | Exited Top 10 | 1.83% | 1.54% | — |
| Concentration (HHI) ⓘ | 335 | 362 | 377 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥54,423M
-38% since 2023
Holdings
31
+3 new
17 exited
Trend
3 unwinding
vs 2023
| Held Company | FY2025 ¥54,423M total | FY2023 ¥88,111M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
SENKO Group Holdings Co.,Ltd.
センコーグループホールディングス株式会社
|
17,609 |
11,676,726
|
11,035 | 11,676,726 | M |
|
Sekisui Chemical Co.,Ltd.
積水化学工業株式会社
|
11,941 |
-57.9%
↓
4,693,049
|
20,916 | 11,149,149 | M |
|
Sumitomo Mitsui Financial Group, Inc.
株式会社三井住友フィナンシャルグループ (注) 3
|
6,416 |
NEW
New
1,690,700
|
— | ||
|
seiren co.,ltd.
セーレン株式会社
|
5,968 |
2,436,000
|
5,681 | 2,436,000 | M |
|
Mizuho Financial Group, Inc.
株式会社みずほフィナンシャルグループ
|
3,812 |
-34.2%
↓
940,900
|
2,683 | 1,428,900 | |
|
OSAKA SODA CO.,LTD.
株式会社大阪ソーダ (注) 3
|
2,381 |
NEW
New
1,466,400
|
— | M | |
|
Mitsubishi UFJ Financial Group, Inc.
株式会社三菱UFJフィナンシャル・グループ
|
2,254 |
-66.7%
↓
1,120,660
|
2,850 | 3,361,560 | |
|
Tokio Marine Holdings, Inc.
東京海上ホールディングス株式会社
|
1,514 |
NEW
New
264,000
|
— | ||
|
The Miyazaki Bank,Ltd.
株式会社宮崎銀行
|
580 |
175,294
|
410 | 175,294 | M |
|
ATSUGI CO., LTD.
アツギ株式会社
|
380 |
345,100
|
138 | 345,100 | M |
| Xeris Biopharma Holdings, Inc. | 368 |
447,686
|
97 | 447,686 | |
|
Asahi Seiki Kogyo Co., Ltd.
旭精機工業株式会社
|
303 |
148,900
|
358 | 148,900 | M |
|
AEON KYUSHU CO., LTD.
イオン九州株式会社
|
291 |
120,000
|
279 | 120,000 | |
|
Nicchitsu Co., Ltd.
株式会社ニッチツ
|
171 |
100,000
|
126 | 100,000 | |
|
Hokuetsu Corporation
北越コーポレーション株式会社
|
159 |
130,000
|
115 | 130,000 | |
|
SANKYO SEIKO CO.,LTD.
三共生興株式会社
|
139 |
225,000
|
122 | 225,000 | M |
|
TOKYO SOIR CO.,LTD.
株式会社東京ソワール
|
67 |
80,000
|
67 | 80,000 | M |
|
Sun A.Kaken Company,Limited
株式会社サンエー化研
|
42 |
75,000
|
35 | 75,000 | |
|
SHOWA PAXXS CORPORATION
昭和パックス株式会社
|
28 |
15,000
|
24 | 15,000 | |
|
Sumitomo Mitsui Trust Group, Inc.
三井住友トラストグループ株式会社
|
— | — | |||
|
TOYOTA MOTOR CORPORATION
トヨタ自動車株式会社
|
— | — | |||
|
ozu corporation
小津産業株式会社
|
— | — | M | ||
|
KAJIMA CORPORATION
鹿島建設株式会社
|
— | — | M | ||
|
Sekisui Kasei Co.,Ltd.
積水化成品工業株式会社
|
— | — | |||
| 藤森工業株式会社 | — | — | |||
|
ONWARD HOLDINGS Co., Ltd.
株式会社オンワードホールディングス
|
— | — | |||
|
GUNZE LIMITED
グンゼ株式会社
|
— | — | |||
|
MITSUBISHI MATERIALS CORPORATION
三菱マテリアル株式会社
|
— | — | |||
|
sanko gosei ltd.
三光合成株式会社
|
— | — | |||
|
Kikusui Chemical Industry Co., Ltd.
菊水化学工業株式会社
|
— | — | |||
|
LINTEC Corporation
リンテック株式会社
|
— | — | |||
|
ZEON CORPORATION
日本ゼオン株式会社
|
— |
−100%
Exit
—
|
7,806 | 5,579,600 | M |
|
Nomura Micro Science Co.,Ltd.
野村マイクロ・サイエンス株式会社
|
— |
−100%
Exit
—
|
208 | 50,000 | |
|
Stanley Electric Co.,Ltd.
スタンレー電気株式会社
|
— |
−100%
Exit
—
|
1,035 | 353,000 | |
|
FUJI MEDIA HOLDINGS, INC.
株式会社フジ・メディア・ホールディングス
|
— |
−100%
Exit
—
|
239 | 200,000 | M |
|
YAMASHIN-FILTER CORP.
ヤマシンフィルタ株式会社
|
— |
−100%
Exit
—
|
102 | 300,000 | |
|
Sumitomo Mitsui Financial Group, Inc.
株式会社三井住友フィナンシャルグループ
|
— |
−100%
Exit
—
|
8,140 | 1,536,500 | |
|
ASAHI GROUP HOLDINGS,LTD.
アサヒグループホールディングス株式会社
|
— |
−100%
Exit
—
|
7,314 | 1,485,300 | |
|
DAIKIN INDUSTRIES, LTD.
ダイキン工業株式会社
|
— |
−100%
Exit
—
|
6,079 | 257,000 | M |
|
WACOAL HOLDINGS CORP.
株式会社ワコールホールディングス
|
— |
−100%
Exit
—
|
3,087 | 1,241,207 | |
|
OSAKA SODA CO.,LTD.
株式会社大阪ソーダ
|
— |
−100%
Exit
—
|
2,555 | 586,600 | M |
|
Mitsui Fudosan Co., Ltd.
三井不動産株式会社
|
— |
−100%
Exit
—
|
1,837 | 739,379 | M |
| 三井住友トラスト・ホールディングス株式会社 | — |
−100%
Exit
—
|
1,764 | 388,481 | |
|
AIR WATER INC.
エア・ウォーター株式会社
|
— |
−100%
Exit
—
|
1,573 | 947,381 | M |
|
Tokio Marine Holdings, Inc.
東京海上ホールディングス株式会社 (注) 3
|
— |
−100%
Exit
—
|
672 | 264,000 | |
|
KOITO MANUFACTURING CO.,LTD.
株式会社小糸製作所 (注) 3
|
— |
−100%
Exit
—
|
580 | 232,000 | |
|
Rock Paint Co.
ロックペイント株式会社
|
— |
−100%
Exit
—
|
167 | 240,000 | M |
|
ICHIKOH INDUSTRIES, LTD.
市光工業株式会社
|
— |
−100%
Exit
—
|
17 | 36,000 | |
| Portfolio total | 54,423 | 88,111 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding