Nissan Chemical Corporatiom
4021・Prime Market・Chemicals
Chemicals Business
A revenue base segment for Nissan Chemical comprising basic chemicals and fine chemicals
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (segment total, full year FY2023 ended March 2023) | ¥39,034 million | ¥37,648 million | ↑ |
| Operating profit (segment total, full year FY2023 ended March 2023) | ¥1,379 million | ¥3,787 million | ↓ |
| Segment assets (full year FY2023 ended March 2023) | ¥34,236 million | ¥32,020 million | ↑ |
| Depreciation and amortization (full year FY2023 ended March 2023) | ¥2,477 million | ¥2,531 million | ↓ |
| Capital expenditures (increase in tangible and intangible fixed assets, full year FY2023 ended March 2023) | ¥3,659 million | ¥2,335 million | ↑ |
Business Details
The Chemicals Business consists of two areas: basic chemicals such as melamine, sulfuric acid, nitric acid, and ammonia, and fine chemicals such as special epoxy for sealants, flame retardants, and disinfectants. The business is operated by the Company and two subsidiaries (three companies in total), supplying High-Purity Sulfuric Acid (Semiconductor Cleaning Agent), Urea / AdBlue® (High-Grade Urea Solution), Finoxocol (Cosmetic Raw Materials, etc.), and other products to key customers. Although its share of the Group's overall sales is relatively small and its operating margin remains at a low level, it plays a role in the stable supply of basic materials.
Recent Overview
Cumulative nine months of FY2026 (ending March 2026) posted increased sales and profit, in line with plan
In the cumulative nine months of the consolidated fiscal year ending March 2026 (April-December 2025), the Chemicals segment recorded net sales of ¥28,949 million (up ¥846 million year on year) and operating profit of ¥238 million (up ¥33 million year on year). High-Purity Sulfuric Acid (Semiconductor Cleaning Agent) and Urea / AdBlue® drove the increase in sales, while within fine chemicals, Finoxocol grew. Net sales fell ¥200 million short of plan, but operating profit was in line with plan. Note that on a securities report basis (full year FY2023 ended March 2023), net sales were ¥39,034 million (up 3.7% year on year) and operating profit was ¥1,379 million (down ¥2,408 million year on year), representing a significant decline in profit despite increased sales.
Key Products
Growth Drivers
- Expanding demand for High-Purity Sulfuric Acid (Semiconductor Cleaning Agent) from the semiconductor market
- Price revision effects and increased demand for Urea / AdBlue® accompanying rising raw material and fuel prices
- Increased sales of Finoxocol (cosmetic raw materials)
- Expansion of sales of Environmental Chemicals (disinfectants)
Risks
- Rising manufacturing costs due to soaring raw material and fuel prices (a factor in declining operating margin)
- Decreased sales impact from the discontinuation of sales accompanying the structural reform of the melamine business (announced August 2021)
- Demand fluctuation risk for fine chemical products such as TEPIC
- Instability of demand for High-Purity Sulfuric Acid linked to fluctuations in semiconductor market utilization
- Price competition risk due to the commodity-like nature of basic chemicals
Last updated: June 24, 2026