Adeka Corporation
ADKCF
Other OTC22.50
USD
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- -
Return %
Stock
S&P500
1Y
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19.99
3Y
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69.40
5Y
26.76
72.03
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Hidetaka Shirozume
- Full Time Employees
- 5,466
- Sector
- Basic Materials
- Industry
- Chemicals
- Address
- 7-2-35 Higashi-ogu Tokyo Japan 116-8554
- IPO Date
- Aug 16, 2018
- Website
- adeka.co.jp
- Similar Companies
- Business
- Adeka Corporation, founded in 1917 and headquartered in Tokyo, Japan, is a diversified manufacturer operating primarily in the chemicals, food products, and functional materials sectors. The company's core product portfolio includes specialty chemical products such as electronic materials, adhesives, photo (light) curing resins, lubricant additives, antioxidants, flame retardants, and stabilizers for PVC; food products including margarine, shortenings, edible fats and oils, whipping cream, fillings, mayonnaise dressings, and functional foods; and functional materials such as bio-based materials and agricultural chemicals. Adeka serves industries including electronics, automobiles, food processing, and construction with a significant presence in Japan, the United States, China, and Southeast Asia through its manufacturing facilities and overseas subsidiaries. Recent developments include Adeka's successful prototype and demonstration of a lightweight lithium-sulfur rechargeable battery using SPAN and resin film technology, highlighting its innovation in energy storage materials. The company also executed a treasury share repurchase program in 2024 to optimize its capital structure and updated its consolidated financial forecast upward due to strong sales growth in its chemicals business targeting automotive, consumer electronics, and electronic equipment sectors. Adeka continues to invest heavily in research and development, allocating approximately 4.8% of sales to R&D in 2023 to enhance product innovation and expand its market offerings. Adeka reported consolidated sales of approximately ¥395 billion (approx. $3 billion) in fiscal 2023, with operating income improving to ¥36 billion and net income of ¥25 billion, reflecting growth driven by higher demand in both chemical and food product segments and expansion in international markets. The company emphasizes sustainability through eco-friendly manufacturing and energy-efficient processes, aiming to reduce greenhouse gas emissions by 30% by 2030, consistent with its ISO 14001 certification for environmental management. Adeka Corporation’s strategic focus on innovation, quality, and sustainability positions it as a leading global player in specialty chemicals and food ingredients.