Kuraray Co. Ltd

Kuraray Co. Ltd Overview

Company Headquarters: Tokyo, Japan

Founded: 1926

Workforce: ~9,089

Company Working: Kuraray Co. Ltd (Kuraray) is a manufacturer and supplier of plastics, chemicals, elastomers and rubber, fabric, nonwoven fabric, man-made leather, hook and loop fasteners, and materials and products used in the dental industry. The company operates through six business segments, namely isoprene, vinyl acetate, functional materials, trading, fibers and textiles, and others. The man-made leather offered by the company is used in the manufacturing of garments, shoes, bags, consumer electronics, and furniture. It sells its products in various countries including Japan, China, Belgium, Germany, the US, and Singapore. It invested USD 0.19 billion in research and development in 2017.

Strategy

Kuraray is focusing on delivering unique solutions to customers and implementing growth strategies such as investments in R&D and expansion. It aims at expanding into new business fields and pursuing competitive superiority. Moreover, it is also making mergers, agreements, and partnerships with various other regional players to expand its reach across the globe, especially in Europe.

Company Snapshot

$5,256.1M

Revenue

9,089

Employees

1926

Founded

Tokyo, Japan

Headquarters

SWOT Analysis

Strengths

Renowned brands
High investment in R&D

Weaknesses

Fluctuating financial performance

Opportunities

Mergers and acquisitions
Increase the production to cater to the demand in the European market

Threats

Stiff competition

Product Offering

Kuraray Co. Ltd
- Man-made Leather

Financial Performance

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