Asahi Kasei Advance and Teijin Frontier to Integrate Businesses for Sustainable Growth
Progress of Asahi Kasei's business portfolio transformation.
Asahi Kasei Advance was established in 2015 as a trading company primarily handling products from the Asahi Kasei Group, such as fibers, chemical products, and construction materials. Considering sustained business expansion, it was determined that operation of the business under Teijin Frontier, which combines trading company functions having strong global procurement capabilities and manufacturing functions to develop and produce high-performance fibers, providing unique solutions across a wide range of fields, including apparel textiles and industrial materials, would be the most promising path forward rather than pursuing independent growth for Asahi Kasei Advance.
The purpose of the integration announced today is to combine the business platforms, sales networks, and customer bases of Teijin Frontier and Asahi Kasei Advance to drive sustainable growth and maximize corporate value. The strengths of both companies will be leveraged to form a corporate entity with greater competitiveness and a solid foundation for growth, positioned for sustainable value creation.
Hangzhou Asahikasei Textiles Co., Ltd., a subsidiary of Asahi Kasei (
The effect of the integration on the consolidated earnings of Asahi Kasei is immaterial.
Corporate profile after the integration
|
Surviving Company |
1) Company name |
TBD |
2) Location |
TBD |
3) Name and position of representative |
TBD |
4) Business field |
TBD |
5) Paid-in capital |
TBD |
6) Shareholders and percentage of equity |
Teijin |
7) Fiscal year-end |
TBD |
8) Net assets |
TBD |
9) Total assets |
TBD |
Profile of Teijin Frontier Co., Ltd.
Representative |
Yasunari Hirata, President and Chief Executive Officer |
Operations |
Manufacture, processing, sale, and import/export of polyester yarn and fiber, textiles, apparel products, automotive materials, construction and architectural materials, industrial supplies, lifestyle products, etc. |
Location |
Nakanoshima Festival Tower West, 2-4, Nakanoshima 3-chome,
Kita-ku, |
Employees |
878 |
Establishment |
October 1, 2012 |
Profile of Asahi Kasei Advance Corp.
Representative |
Keiji Kasumi, President & Representative Director |
Operations |
Product trading, manufacturing and processing, and services in the fields of textiles, chemicals, and construction materials |
Location |
Sumitomo Fudosan Onarimon-ekimae Bldg., 17-21 Shimbashi 6-chome, Minato-ku, |
Employees |
553 |
Establishment |
April 1, 2015 |
Business Portfolio Transformation
Under its three-year medium-term management plan "Trailblaze Together," Asahi Kasei is improving capital efficiency and accelerating earnings by converting past growth investments into tangible returns. To support this, the company is implementing structural reforms that channel resources to its key growth pillars—pharmaceuticals, critical care, overseas homes, and electronics.
Recent actions such as exiting methyl methacrylate (MMA) monomer and related businesses, and expanding capacity for Pimel photosensitive polyimide, demonstrate Asahi Kasei’s disciplined execution of this strategy and reinforce the foundation for sustained, profitable growth.
About Asahi Kasei
The Asahi Kasei Group contributes to life and living for people around the world. Since its foundation in 1922 with ammonia and cellulose fiber business, Asahi Kasei has consistently grown through the proactive transformation of its business portfolio to meet the evolving needs of every age. With more than 50,000 employees worldwide, the company contributes to sustainable society by providing solutions to the world’s challenges through its three business sectors of Healthcare, Homes, and Material. For more information, visit www.asahi-kasei.com.
Asahi Kasei is also dedicated to sustainability initiatives and is contributing to reaching a carbon neutral society by 2050. To learn more, visit https://www.asahi-kasei.com/sustainability/.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251201366572/en/
North America Contact:
Asahi Kasei America Inc.
Christian OKeefe
christian.okeefe@ak-america.com
Europe Contact:
Asahi Kasei Europe GmbH
Sebastian Schmidt
sebastian.schmidt@asahi-kasei.eu
Source: Asahi Kasei
