Asahi Kasei (3407) Stock Price, Fundamentals & Analysis

What 3407 does

Asahi Kasei (3407) is a diversified conglomerate listed on the Tokyo Stock Exchange. The company operates across materials, homes, and healthcare, with business activities in Japan, the United States, China, and internationally. In materials, it supplies products such as Pimel, a photosensitive PI material used in semiconductor applications like buffer coating, passivation layers, and dielectric layers; Sunfort, a dry film photoresist; Novacure, a latent curing agent for epoxy resin; glass fabric for printed circuit boards; plastic optical fiber; sensors and devices; artificial suede products under the Dinamica name; Microza UF and MF industrial membranes and systems; Aciplex membranes, process equipment, and systems for caustic soda production; and the alkaline water electrolyzer Aqualyzer for producing hydrogen from renewable energy. In homes, it offers Hipore, a microporous polyolefin sheet that prevents the anode and cathode, and Celgard, a lithium-ion battery separator. It also produces photopolymers and platemaking systems, along with fiber products under the Bemberg, Bemliese, NanoAct, and ROICA names.

Key numbers explained

• The current price of 1,645.5 JPY reflects the latest trading value of one share on the Tokyo Stock Exchange.
• The trailing P/E ratio of 14.1 shows how much investors pay per unit of the company's last 12 months' earnings; a lower P/E can suggest a more conservative valuation relative to earnings.
• The forward P/E ratio of 16.4 is based on expected future earnings and helps compare the stock's price to what analysts anticipate the company will earn.
• The dividend yield of 2.67% indicates the annual dividend payment as a percentage of the current share price, representing the cash return shareholders receive for holding the stock.
• The ex-dividend date of Sep 29, 2026 is the cutoff: buyers on or after this date are not entitled to the next dividend payment.
• The beta of 0.65 suggests the stock has historically been less volatile than the overall market; a beta below 1 often means smaller price swings relative to the market.
• The 52-week price range of 1,144.5 – 1,906 shows the lowest and highest prices over the past year, while the 40.2% price change over the last 52 weeks measures the total return from one year ago to the current price.
• The price-to-book ratio of 1.05 compares the market price to the company's book value per share, with values near 1 suggesting the market price is roughly in line with the accounting value of the company's assets.

What to watch

As a large-cap industrial conglomerate, Asahi Kasei (3407) can be influenced by global manufacturing cycles, raw material costs, and currency movements, particularly the Japanese yen. Investors often monitor its exposure to semiconductor materials and battery separators, as demand in these areas can shift with technology trends and energy transition policies. The company's position among peers such as Furukawa Electric (5801), Mitsubishi Electric (6503), and Mitsui Mining and Smelting (5706) may also affect how its performance is interpreted within the Industrials sector. Broader developments in the Tokyo Stock Exchange market and the Nikkei 225 index, of which it is a component, can drive sentiment for large Japanese industrial stocks.