Asahi Kasei (3407.T) Stock Performance
- Trading session end: 07:51 PM Central Europe, Wednesday 21 Oct 2026
- Price change: –1.43 %
- Current price: JPY 1,598.5
- Shares outstanding: 1.3 bn
- Market capitalisation: JPY 2.1 trillion
- Volume traded (last 24 h): JPY 5.3 bn
- 24‑hour change since month‑end: –0.94 %
- 200‑day simple moving average: JPY 1,654.38
- 52‑week high: JPY 1,906 (07 Jun 2026)
- 52‑week low: JPY 1,157 (11 May 2025)
Recent Corporate Developments
Sustainability Verification
- Entity: Tongsuh Petrochemical, South‑Korean subsidiary of Asahi Kasei.
- Event: Received “Reasonable Assurance” verification from Socotec Certification Japan for the product‑carbon footprint of acrylonitrile produced at its Ulsan plant.
- Scope: Fiscal‑2025 footprint.
- Outcome: Verification confirms that methodology, source data, and reporting processes meet a high level of reliability and exceed limited‑assurance requirements.
- Context: Follow‑up to prior ISCC PLUS certification. The subsidiary has also shifted to biomass‑derived propylene for acrylonitrile production, supporting a lower greenhouse‑gas emissions profile.
Therapeutics Update
- Unit: Asahi Kasei Therapeutics.
- Event: Presented a series of scientific studies at IDWeek 2026.
- Focus: New antiviral therapies and early‑access data.
- Implication: Indicates continued investment in innovative medicines.
Peer Stock Activity (Last 24 h)
| Stock | Ticker | % Change | Current Price | Market Capitalisation | P/E (if available) |
|---|---|---|---|---|---|
| Rakuten Bank | 5838.T | –2.77 % | JPY 6,184 | JPY 2.5 trillion | — |
| Nippon Sanso | 4091.T | –1.34 % | JPY 5,425 | JPY 2.4 trillion | 16.96 |
| Nitto Denko | 6988.T | –0.30 % | JPY 3,681 | JPY 2.4 trillion | 17.94 |
| Ryohin Keikaku | 7453.T | +0.51 % | JPY 4,740 | JPY 2.5 trillion | 33.01 |
| Daiwa Securities | 8601.T | –2.01 % | JPY 1,746.5 | JPY 2.4 trillion | 11.95 |
Daiwa Securities Regulatory Update
- Approval: Regulator granted permission to launch a wholly owned securities business in mainland China.
- Background: Decision follows a March visit by Vice Premier He Lifeng to a senior Japanese trade delegation, during which bilateral trade and cross‑border investment were discussed.
- Significance: Enables Daiwa to operate a fully controlled brokerage arm onshore, aligning with its global expansion strategy and ensuring greater oversight of risk and data security.
- Context: Places Daiwa among a limited group of foreign financial institutions—such as JPMorgan and Goldman Sachs—that operate wholly owned securities firms in China. The move occurs amid diplomatic tensions between China and Japan; however, the regulator has signaled that Japanese companies remain welcome in the market.
Company Overview
- Name: Asahi Kasei Corporation
- Industry: Material manufacturing and distribution, real‑estate, healthcare
- Headquarters: Tokyo, Japan
- Key Products: Cupra fiber, polyurethane fiber, styrene monomer, acrylonitrile, polyethylene, synthetic rubber, engineering resin, and related industrial chemicals.
- Other Activities: Real‑estate development and healthcare services.
- Website: www.asahi‑kasei.co.jp
- Stock Exchange: Tokyo Stock Exchange
- IPO: 1 May 1949
