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Asahi Kasei Corp (3407.T)

3407.T on Tokyo Stock Exchange

801JPY
30 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Asahi Kasei to transfer two business to units
Friday, 15 Jul 2016 12:52am EDT 

Asahi Kasei Corp <3407.T> : Says it plans to transfer its cleaner business to its wholly owned unit Asahi Kasei Advance Corporation which has been engaged in comprehensive chemistry business, effective on Oct. 1 .To transfer its cosmetic raw material business to its another wholly owned unit ASAHI KASEI FINECHEM CO.,LTD. which is also engaged in comprehensive chemistry business, effective on Oct. 1.  Full Article

Asahi Kasei to invest 5 bln yen for remodeling production facilities in Singapore -Nikkei<3407.T>
Thursday, 14 Jul 2016 04:51pm EDT 

Nikkei: Asahi Kasei is investing 5 bln yen for remodeling production facilities in Singapore - Nikkei . Asahi Kasei plans to boost annual production capacity of solution-styrene butadiene rubber in Singapore by 30%, by the latter half of 2018 - Nikkei .  Full Article

Orion Corporation and Asahi Kasei enters into global strategic collaboration
Wednesday, 22 Jun 2016 01:00am EDT 

Orion Oyj : Says that it has entered into a global strategi collaboration agreement with Japanese Asahi Kasei Pharma for the discovery, development and commercialisation of assets in pain management . Agreement comprises a total of four discovery phase candidates, two from Asahi Kasei and two from Orion .Collaboration allows both companies to exclusively license others' development-ready programs at pre-determined stages.  Full Article

Asahi Kasei to pursue large mergers and acquisitions during three years through fiscal 2018 - Nikkei
Monday, 30 May 2016 01:16pm EDT 

: Asahi Kasei plans to pursue large mergers and acquisitions valued in excess of 100 billion yen apiece during three years through fiscal 2018 - Nikkei .Medical equipment, pharmaceuticals and auto-related businesses are among the likely areas for seeking M&A opportunities- Nikkei.  Full Article

Asahi Kasei Corp will log about 12 bln yen in goodwill amortisation costs in year through March 2017 - Nikkei<3407.T>
Wednesday, 18 May 2016 05:24pm EDT 

Nikkei : Asahi Kasei will log about 12 billion yen in goodwill amortisation costs in year through March 2017 over acquisition of American battery materials maker - Nikkei .  Full Article

Asahi Kasei to acquire business from wholly owned subsidiary Asahi-kasei Geotech.
Friday, 22 Apr 2016 02:00am EDT 

Asahi Kasei Corp:To acquire fastening business from wholly owned subsidiary Asahi-kasei Geotech. on July 1.  Full Article

tella announces termination of joint research and development agreement with Asahi Kasei
Monday, 22 Feb 2016 01:30am EST 

tella Inc:Announced termination of joint research and development agreement with Asahi Kasei Corporation, effective in last day of March.Says the joint research and development agreement is for cell processing device for the purpose of cancer treatment.  Full Article

Asahi Kasei appoints new president
Tuesday, 9 Feb 2016 01:00am EST 

Asahi Kasei Corp:Appoints Hideki Kobori as new president of the co to replace Toshio Asano, effective on April 1.  Full Article

Asahi Kasei subsidiary receives administrative dispositions in accordance with Construction Business Act
Wednesday, 13 Jan 2016 05:30am EST 

Asahi Kasei Corp:Asahi Kasei Construction Materials Corp., a subsidiary of Asahi Kasei Corp., received administrative dispositions from the Kanto Regional Development Bureau of the Ministry of Land, Infrastructure, Transport and Tourism, in accordance with the Construction Business Act.Says in work to install precast concrete piles for a condominium complex in Yokohama, subsidiary did not assign the chief engineer as a full-time employee for the construction site, but assigned the same chief engineer as a part-time employee for different construction sites.In the abovementioned construction project, Asahi Kasei Construction Materials Corp. undertook the subcontract from Hitachi High-Technologies Corp. as a blanket subcontract.As a subcontractor for precast concrete pile installation for construction projects including the abovementioned construction project, subsidiary manipulated pile installation data in the installation reports submitted to the prime contractors.  Full Article

Asahi Kasei report of investigation of 3,040 precast concrete pile installation projects of Asahi Kasei Construction Materials Corp
Tuesday, 24 Nov 2015 03:00am EST 

Asahi Kasei Corp:Asahi Kasei Construction Materials Corp., subsidiary of Asahi Kasei Corp., has reported to Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) regarding the investigation of manipulation of data regarding the installation of precast concrete piles.In accordance with instructions of the MLIT, Asahi Kasei Construction Materials has submitted information on specific construction projects to the prime contractors and to local government bodies that requested information.Confirmation of the data included in installation reports was performed in cooperation with the prime contractors and local government bodies.Confirmation of results of investigation of 2,376 projects has been completed. Among them, manipulation of data has been confirmed for 266 projects.There were 118 projects for which confirmation has not been possible due to inability to identify the prime contractor, absence of installation data, etc.Regarding projects where manipulation of data occurred, Asahi Kasei Construction Materials will cooperate with the prime contractors and the owners of the buildings in efforts to confirm safety based on instructions from the MLIT.Regarding projects where a Specific Administrative Agency* has confirmed safety, the Specific Administrative Agency will issue a report to the MLIT.  Full Article

BRIEF-Orion Corporation and Asahi Kasei enters into global strategic collaboration

* Says that it has entered into a global strategi collaboration agreement with Japanese Asahi Kasei Pharma for the discovery, development and commercialisation of assets in pain management