TSE:3407Chemicals
Did Asahi Kasei’s (TSE:3407) Petrochemicals Exit to 2030 Just Sharpen Its Materials Investment Narrative?
In May 2026, Asahi Kasei announced plans to discontinue several petrochemical and polymer product lines at its Mizushima Works by fiscal 2030, while maintaining supply of key derivatives through overseas affiliates and alternative sites.
This rationalization of lower-return businesses, alongside full-year sales of ¥3,074,505 million and net income of ¥158,793 million, highlights a clear effort to sharpen the Materials portfolio and improve capital efficiency.
We’ll now examine how this...