1. Japan Stocks

  2. •

    Basic Materials

  3. •

    Chemicals - Specialty
Zeon Corporation

Zeon Corporation

ZEOOY
Zeon CorporationUS flagOther OTC
9.73
USD
- -
- -
1.86BMarket 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
- -
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
- -
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
-48.27
- -
- -
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
- -
- -
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
- -
1,525.32
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
- -
1,740.93
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
- -
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
- -
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
- -
- -
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
- -
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
- -
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
- -
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
- -
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
- -
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
- -
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
- -
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
- -
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
- -
327,761
295,957

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
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

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
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

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

Company Description

APIChat
CEO
Tetsuya Toyoshima
Full Time Employees
4,462
Sector
Basic Materials
Industry
Chemicals - Specialty
Address
Shin Marunouchi Center Building Tokyo Japan 100-8246
IPO Date
Mar 4, 2021
Website
zeon.co.jp
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Business
Zeon Corporation (ZEOOY) manufactures synthetic rubbers, specialty resins, elastomers, and high-performance chemicals derived primarily from C4 and C5 fractions of naphtha. The company produces a broad portfolio of core products and services, including heat- and oil-resistant synthetic rubbers such as Zetpol HNBR, Nipol NBR elastomers (encompassing powder, liquid, ground, carboxylated, and NBR-PVC blends), HyTemp ACM elastomers, and solution-polymerised styrene-butadiene rubber (S-SBR) for tires; specialty plastics like cyclo olefin polymers (COP) under ZEONEX and ZEONOR brands for optical lenses, medical syringes, vials, and microfluidic chips; optical films such as ZeonorFilm for displays in TVs, smartphones, and tablets; synthetic latex for medical gloves; aroma chemicals including green aroma variants; lithium-ion battery materials for electric vehicles; and medical devices focused on cardiovascular and digestive systems through Zeon Medical Inc. Zeon operates globally with facilities in Japan, the United States (including Pasadena, Texas, and Louisville, Kentucky), Singapore, Europe, and Asia, targeting automotive, electronics, healthcare, construction, and consumer goods sectors; it maintains 53 group companies across 18 countries and regions. Founded in 1950 and headquartered in Tokyo, Japan, at Shin Marunouchi Center Building, Chiyoda-ku, the company employs approximately 4,493 people and reported consolidated net sales of 420.6 billion JPY in the latest fiscal year. Recent developments include a 25% expansion of global Zetpol HNBR production capacity at its Texas plant, scheduled for completion by early 2025; upgrade and expansion of high-grade S-SBR production in Singapore to reach 125,000 tonnes annually by 2026 with enhanced focus on tire performance; full absorption and merger of subsidiary ZS Elastomer Co., Ltd. effective October 2024; strategic investment in Syzygy Plasmonics in February 2024 via Zeon Ventures to advance sustainable chemical manufacturing; leadership in a $20 million Series C funding round for Sino Applied Technology in May 2025 to scale single-walled carbon nanotube conductive paste production; and an EPC contract awarded to Mitsubishi Heavy Industries in November 2025 for a new cyclo olefin polymer plant.