January 4, 2017
Kohei Morikawa
President and CEO
Showa Denko K.K.
Let's Plan Our Bright Future
It is not easy for us to foresee how each country's political and economic trends will affect the world economy of 2017, and therefore, uncertainty in our business environment will continue to increase. However, the image of what we want the Showa Denko Group to be like in the future is quite clear, as we announced it in our medium-term business plan 'Project 2020+.' To cope with such growing uncertainty in our business environment, I shall manage the Group's business operation imperturbably with medium- and long-term outlook.
Let's Have Steady Desire for Knowledge
2017 is the second year of the period of 'Project 2020+.' And throughout this year, the Showa Denko Group will continue striving to expand its 'individualized businesses' which maintain profitability and stability at high levels. We will pursue more dramatic growth of our Growth-accelerating businesses and Advantage-establishing businesses. We will also strive to achieve early integration of our graphite electrode business with that of SGL GE Holding GmbH as we announced last year.
To achieve sustainable growth of our businesses, we need a symbolic story. Let's stand on the initials of the name of our company, Showa Denko K.K. (SDK). To realize sustainable growth of individualized businesses, 'Let's have Steady Desire for Knowledge.' And to enable ourselves to cope flexibly with changes in the business environment, prepare a wide variety of growth stories, and 'Let's start the game with Speedy Daring Kickoff' when a golden opportunity comes.
Let's Take Advantage of Our True Strength
'Diverse businesses and technologies' are distinguishing features of the Showa Denko Group. I believe the Group can achieve further growth by converting these features into our true strong points. For the sake of our shareholders, customers, society, and each employee, let's express our desire for improvement in our businesses and technologies by our actions.
I believe we can convert this diversity among our businesses and technologies into our true and individualized strength by giving serious consideration to the needs of our customers and society, and creating new value through promotion of integrated use of our proprietary products and technologies. To win the trust of all stakeholders, let's get the fruits of 'Shaping Ideas,' and realize 'a company that contribute to the sound growth of society' which the Showa Denko Group aims to be.
January 4, 2016
Kohei Morikawa
President and CEO
Media contact:
Public Relations Office (Phone: 81-3-5470-3235)
Showa Denko KK published this content on 04 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 January 2017 02:32:02 UTC.
Original documenthttp://www.sdk.co.jp/english/news/2017/16349.html
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Resonac Holding Corporation (formerly Showa Denko KK) is a holding company organized around 7 family of products:
- materials (43.8% of net sales): electronics materials (epoxy molding compounds, die bonding materials, CMP slurries, anisotropic conductive films), printed wiring board materials (copper-clad laminates, photosensitive dry films), mobility components (plastic molded products, friction materials, powder metal products, carbon anode materials for LIBs), energy storage devices and systems (automotive and industrial batteries), and life sciences (diagnostics, contracted manufacturing of regenerative medicine products);
- petrochemical products (19.6%): olefins (polyethylene, polypropylene) and organic chemical products (vinyl acetate monomer, ethyl acetate and plastics);
- chemical products (12.9%): caustic soda, chlorine, liquid ammonia, amino acids, polymers, gas (oxygen, nitrogen, hydrogen), etc.;
- electronic components (8.3%): hard disks, semiconductors components, magnetic components, etc.;
- inorganic products (7.1%): ceramics and carbons (graphite electrodes);
- aluminum products (5.3%): aluminum foils, extruded products, forged products, cans, etc.;
- other (3%).
Net sales break down geographically as follows: Japan (53.4%), China (12%), Asia (20.6%) and other (14%).