Fujikura Kasei

Basic Information

Stock Code
4620
Industry
Chemicals
Category Detail
Chemicals & Chemical Products
Prefecture
Tokyo
Establishment Year
September 1938
Listing Year
August 1962
Official Website
https://www.fkkasei.co.jp/
TSE Information
TSE Information
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Overview

Fujikura Kasei is a chemical manufacturer founded in 1938, specializing primarily in plastic coating materials and functional resin products, with advanced technology in the automotive, electronics, and construction sectors.

Current Situation

Fujikura Kasei recorded consolidated net sales of approximately 55.5 billion yen and operating profit of approximately 1.3 billion yen for the fiscal year ending March 2025, securing stable revenue centered on plastic coating materials. The mainstay coating business provides high-quality products for automotive headlamps and cosmetic containers, while the building materials paint business also enjoys high evaluations in the housing market. In the electronic materials business, it has succeeded in developing advanced materials such as conductive pastes, capturing demand in next-generation automobiles and communications fields. The chemical products business develops industrial adhesives and medical materials based on acrylic resins. It operates local subsidiaries globally, actively expanding into Southeast Asia and China markets. On the sustainability front, it has obtained ISO 14001 certification and is committed to reducing environmental impact. In 2023, it transitioned to the Tokyo Stock Exchange Standard Market, positioning digital technology and new material development as mid-to-long-term growth strategies. In recent years, it has focused on strengthening collaboration with overseas group companies and product diversification.

Trivia

Interesting Facts

  • Developed Japan's first conductive resin material in 1957.
  • Jointly develops model paints with GSI Creos.
  • Maintains position as a domestic leader in automotive coating materials over many years.
  • Operates multiple local subsidiaries in Southeast Asia, China, and India.
  • Holds numerous certifications including ISO 9001, ISO 14001, and OHSAS 18001.
  • Joint research with NTT Laboratories forms the foundation of technology development.
  • Hardcoat products for plastic materials are the mainstay.
  • Historic chemical manufacturer established in 1938.
  • Started with manufacturing windshields for aircraft at founding.
  • Expands business through technical partnerships in diverse fields.
  • Many technical tie-ups with domestic and international paint companies.
  • Meets high environmental standards with plastic paints.
  • Supplies functional resins to the medical field as well.
  • AcriBase trademark of the chemical products division is well-known.
  • Has experienced market changes on the Tokyo Stock Exchange.

Hidden Connections

  • Close product development relationship with parent company Fujikura Group.
  • Joint development with NTT forms the foundation of electronic materials technology.
  • Maintains unique joint venture partnership with GSI Creos in the model paint market.
  • Southeast Asian local subsidiaries play a key role in regional market expansion.
  • High industry trust gained from long-term ISO certification maintenance.
  • Among domestic paint companies, specialized in high-function hardcoats.
  • Deep collaboration with medical device manufacturers on in vitro diagnostic resin materials.
  • Capturing domestic demand with environmentally friendly water-based paint technology.

Future Outlook

Growth Drivers

  • Expansion of demand for high-performance coatings in the automotive industry.
  • Advancement and increased adoption of electronic materials for communications industry.
  • Market expansion of environmentally compliant paints due to stricter regulations.
  • Increasing local demand in Southeast Asia and China markets.
  • Acceleration of R&D for new materials and high-performance resins.
  • Growing demand for functional materials in the medical field.
  • Strengthening initiatives for digitalization and production efficiency improvements.
  • Differentiation through enhanced customer customization capabilities.
  • Product development toward achieving sustainability goals.
  • Improved brand recognition in global markets.
  • New application development in the paints sector.
  • Enhanced competitiveness through R&D and equipment investments.

Strategic Goals

  • Achieve net sales exceeding 80 billion yen.
  • Increase ratio of environmentally friendly products in sales to over 50%.
  • Expand overseas sales ratio to over 40%.
  • Expand market share in new materials and electronic materials fields.
  • Complete company-wide rollout of digital manufacturing processes.
  • Continuously obtain ISO 14001 and other environmental certifications.
  • Strengthen coexistence with local communities.
  • Secure R&D investment at over 5% of annual sales.
  • Commercialize new materials in the medical field.
  • Strengthen global sales network.

Business Segments

Automotive Coatings

Overview
Provides high-durability coating materials for automotive exterior and interior parts.
Competitiveness
Long-standing trust and technical expertise in the automotive industry
Customers
  • Domestic automakers
  • Overseas automakers
  • Automotive parts manufacturers
Products
  • Hardcoat materials for headlamps
  • Interior plastic coating materials

Architectural Paint Supply

Overview
Deploys customized paints and construction support for the housing market.
Competitiveness
Capabilities in both construction support and material design
Customers
  • Building materials manufacturers
  • Home construction companies
  • Construction contractors
Products
  • Durable paints for single-family homes
  • Anti-mold and heat-shielding paints

Electronic Materials Supply

Overview
Provides high-performance materials to the electronics industry, supporting technological innovation.
Competitiveness
Technological superiority from joint development with NTT
Customers
  • Semiconductor manufacturers
  • Communications equipment manufacturers
  • Automotive electronics parts manufacturers
Products
  • Conductive resin materials
  • High-conductivity shielding products
  • Photoresists

Industrial Adhesives Supply

Overview
Stably supplies high-performance adhesives to multiple fields.
Competitiveness
Product lineup adaptable to a wide range of applications
Customers
  • Electronics assembly companies
  • Industrial manufacturers
  • Medical device manufacturers
Products
  • Heat-resistant adhesives
  • Adhesives for electronic components

Overseas Base Support Business

Overview
Provides comprehensive support to overseas customers leveraging its global network.
Competitiveness
Powerful support system in collaboration with local subsidiaries
Customers
  • Southeast Asian automakers
  • Chinese electronics companies
  • Local construction companies
Products
  • Locally produced coating materials
  • Architectural paints
  • Electronic materials

Medical Materials Supply

Overview
Deploys functional resin products specialized for the medical field.
Competitiveness
Manufacturing technology for high-precision medical materials
Customers
  • In vitro diagnostic reagent manufacturers
  • Medical device manufacturers
Products
  • Resin materials for HbA1c measurement
  • Latex particles

Competitive Advantage

Strengths

  • High technological capabilities and strengths in hardcoat field
  • Diverse product lineup and diversified management
  • Capital support from Fujikura Group
  • Overseas market development through global expansion
  • Track record of joint development with NTT on conductive materials
  • Expansion of environmentally friendly products
  • Strong relationships with major customers built on long-term trust

Competitive Advantages

  • Dedicated materials technology for automotive, electronics, and housing sectors
  • Strong proposal capabilities and construction support for customer customization
  • Local responsiveness through global subsidiaries
  • Patent holdings and development strength in advanced conductive resins
  • Product diversity meeting diverse industry needs
  • Leading company in environmental regulation compliance
  • Trusted brand formation through OEM joint development

Threats

  • Impact of raw material price fluctuations
  • Competitors' technological innovations and price competition
  • Cost increases from stricter environmental regulations
  • Political and economic risks in overseas markets
  • Profit impact from exchange rate fluctuations
  • Demand uncertainty due to economic fluctuations in customer industries

Innovations

2023: Enhanced development of next-generation conductive pastes

Overview
Advancing improvements to high-performance conductive pastes in collaboration with NTT.
Impact
Contributes to improved competitiveness in communications equipment.

2024: Launch of new environmentally friendly water-based paints

Overview
Launched water-based multicolor pattern paints that reduce VOC emissions.
Impact
Expands orders in the building materials market by emphasizing environmental considerations.

2022: Development of high-conductivity shielding materials for electronics

Overview
Commercialized shielding materials compatible with high-speed communications.
Impact
Increased adoption in the communications industry.

2023: Improvement of industrial adhesive technology

Overview
Developed new adhesives balancing heat resistance and adhesion.
Impact
Expanded adoption in electronics assembly field.

2024: Promotion of digitalization in manufacturing processes

Overview
Strengthening IoT introduction to improve production efficiency.
Impact
Achieves cost reductions and quality stabilization.

2023: Joint development for model paint market

Overview
Developed new colors and functional paints with GSI Creos.
Impact
Gained favorable reception from model enthusiasts.

2022: Introduction of latest equipment at overseas production bases

Overview
Introduced automated equipment at Southeast Asian bases.
Impact
Achieved increased production capacity and shorter delivery times.

2024: Quality enhancement of medical materials

Overview
Achieved improved precision in in vitro diagnostic materials for HbA1c measurement.
Impact
Increased trust from medical device manufacturers.

2021: ISO 14001 recertification

Overview
Maintained and renewed environmental management system.
Impact
Contributes to acquiring environmentally conscious customers.

Sustainability

  • Maintenance and improvement of ISO 14001 environmental management system
  • Active promotion of water-based paints aimed at VOC reduction
  • Waste reduction in production processes
  • Equipment renewal for improved energy efficiency
  • Participation in local environmental protection activities
  • Strengthened chemical substance management and safety measures
  • Promotion of sustainable material procurement
  • Environmental information sharing and transparency improvement within the group
  • Environmental education and awareness raising for employees
  • Consideration of product recycling promotion
  • Setting targets for energy savings and CO2 reduction
  • Promotion of development of low-environmental-impact products