Zeon Corporation

Zeon Corporation

ZEOOF
Zeon CorporationUS flagOther OTC
9.35
USD
- -
- -
1.79BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1,284.55
1,355.99
1,305.92
1,295.85
1,498.51
1,537.01
1,473.25
1,380.82
1,658.84
1,836.3
1,809.19
2,046
2,122.87
931.79
Basic EPS, GAAP
85.15
84.13
79.86
104.31
58.81
84.06
92.44
126.74
153.23
49.94
147.19
127.43
186.67
98.19
Free Cash Flow per Basic Share
47.44
33.4
74.3
105.16
185.24
125.78
24.23
146.55
40.57
-61.2
54.06
-49.72
74.5
- -
Dividend per Share
13.02
12.99
14.02
15.98
15.98
18.03
20.99
21
24.08
33.14
38.12
61.26
71.56
- -
Book Value per Share
679
760.6
810.4
917.3
966.1
1,042.79
1,119.2
1,227.87
1,361.49
1,382.49
1,486.72
1,517.47
1,684.94
1,525.32
Tangible Book Value per Share
760.39
927.59
933.79
1,084.8
1,155.74
1,165.66
1,174.56
1,348.78
1,460.98
1,582.33
1,695.7
1,712.13
1,916.48
1,740.93
Basic Weighted Avg Shares
231
227
226
222
222
220
219
219
218
212
211
206
194
211
Sales/Revenue/Turnover
296,427
307,524
295,647
287,624
332,682
337,499
321,966
301,961
361,730
388,614
382,279
420,647
411,966
196,837
Operating Margin (%)
10.09
9.18
10.1
10.7
11.69
9.82
8.11
11.06
12.28
6.99
5.36
6.97
8.83
5.61
Depreciation Expense
17,697
20,109
21,574
21,101
21,209
18,821
17,448
18,154
21,469
20,382
20,123
19,436
17,230
- -
Net Income, GAAP
19,650
19,080
18,079
23,152
13,056
18,458
20,201
27,716
33,413
10,569
31,101
26,199
36,226
20,742
Effective Tax Rate (%)
38.54
34.83
28.3
23.16
45.87
30.49
25.95
26.94
27.08
26.67
29.3
19.93
26.35
28.43
Profit Margin (%)
6.63
6.2
6.12
8.05
3.92
5.47
6.27
9.18
9.24
2.72
8.14
6.23
8.79
10.54
Working Capital
44,728
57,435
58,480
68,280
85,595
97,199
102,037
119,395
136,294
136,044
157,421
146,112
113,295
163,039
LT Debt
30,263
30,669
29,309
25,140
12,000
12,000
10,000
10,000
- -
- -
- -
- -
- -
- -
Total Equity
181,414
215,631
215,586
244,636
259,939
259,156
260,358
298,247
321,834
339,308
363,730
357,991
378,251
373,518
Return on Invested Capital (%)
7.53
7.02
7.87
8.32
7.06
7.76
6.73
8.02
9.63
5.55
3.86
6.12
6.77
2
Return on Capital (%)
9.07
8.51
7.58
9.27
5.07
7.14
7.69
9.9
10.9
3.3
9.65
7.89
10.63
6.16
Return on Common Equity (%)
13.24
11.59
10.16
11.96
6.25
8.32
8.53
10.8
11.82
3.59
10.25
8.37
11.34
6.69

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
8,960
- -
23,960
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
211
- -
209
Market Capitalization
281,896
319,317
276,317

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
300,982
- -
301,195
Cash, Cash Equivalents & STI
42,784
- -
31,984
Accounts Receivable, Net
83,349
- -
84,964
Inventories
123,353
- -
136,394
Total Current Liabilities
143,561
- -
138,156
Payables & Accruals
- -
- -
- -
ST Debt
8,960
- -
23,960
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.91%
4.92%
5.66%
Free Cash Flow
-43.14%
-187.58%
-241.43%
Net Income, GAAP
24.14%
33.79%
38.27%
Sales/Revenue/Turnover
3.72%
6.71%
-2.06%
Total Cash Common Dividend
16.88%
25.88%
10.26%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
91,927
93,515
98,364
98,473
382,279
2025
- -
- -
- -
- -
420,647
2026
- -
- -
- -
- -
411,966

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
27.62
- -
- -
- -
147.19
2025
- -
- -
- -
- -
127.43
2026
- -
- -
- -
- -
186.67

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
38.12
2025
- -
- -
- -
- -
61.26
2026
- -
- -
- -
- -
71.56

Company Description

APIChatGPT
CEO
Tetsuya Toyoshima
Full Time Employees
4,425
Sector
Basic Materials
Industry
Chemicals - Specialty
Address
Shin Marunouchi Center Building Tokyo TY Japan 100-8246
IPO Date
Dec 20, 2018
Website
zeon.co.jp
Business
Zeon Corporation is a chemicals manufacturer specializing in synthetic rubbers, specialty materials, and medical products. Founded in 1950 and headquartered in Tokyo, Japan, Zeon produces a broad range of products including synthetic rubber such as solution styrene-butadiene rubber (S-SBR) and emulsion SBR (E-SBR); specialty synthetic elastomers; synthetic latex; high-performance resins; plastic films; specialty chemicals; lithium-ion battery materials like sealants, electrode binders, and functional layer binders; and medical devices focused on cardiovascular and digestive systems. Its products serve diverse markets including automotive components, electronics, medical, and lithium-ion battery industries across Japan and global markets. In recent developments, Zeon has been advancing sustainability and innovation by building a bench-scale facility for highly efficient butadiene production from plant-based ethanol and enhancing its S-SBR production technology with new equipment in Singapore for fuel-efficient tires. The company also signed a strategic investment in the clean technology firm Syzygy Plasmonics to develop combustion-free chemical reactors, reflecting its commitment to decarbonization. In healthcare, Zeon agreed to transfer its medical device businesses in gastrointestinal and cardiovascular fields to Kaneka Corporation in late 2025, reorganizing its medical-related operations. Additionally, Zeon acquired US-based Edge Precision Manufacturing to strengthen its biochemical analytical device molding business, facilitating expansion in healthcare and life sciences in the US and Europe. The company is also advancing production capabilities with Mitsubishi Heavy Industries handling the engineering and construction of a new Cyclo Olefin Polymer plant scheduled for completion in 2028. Zeon operates primarily in Japan with significant global outreach through subsidiaries and strategic partnerships, delivering products that support automotive, healthcare, electronics, and sustainable energy sectors. The company continues to invest in research and development of specialty chemicals and sustainable technologies, reinforcing its market leadership in synthetic rubbers, specialty elastomers, and advanced materials.