Inorganic compound

Showa Denko Announces Number of Shares to be Issued under Third-Party Allotment

Friday, October 8, 2021 - 8:00am

The Third-Party Allotment described above was resolved by the Company's board of directors on August 23, 2021 concurrently with the resolution on the issuance of new shares by way of public offering and the secondary offering of shares (secondary offering by way of over-allotment).

Key Points: 
  • The Third-Party Allotment described above was resolved by the Company's board of directors on August 23, 2021 concurrently with the resolution on the issuance of new shares by way of public offering and the secondary offering of shares (secondary offering by way of over-allotment).
  • For the details of the Third-Party Allotment, please refer to the "Announcement Regarding Issuance of New Shares and Secondary Offering of Shares" announced on August 23, 2021 and the "Announcement Regarding Determination of Issue Price, Selling Price, etc."
  • For more information regarding the use of proceeds, please refer to the press release "Announcement Regarding Issuance of New Shares and Secondary Offering of Shares" dated August 23, 2021.
  • Showa Denko K.K., CSR & Corporate Communication Office, Tel: 81-3-5470-3235

Showa Denko Concludes Long-Term Contract to Supply SiC Epitaxial Wafers for Toshiba Electronic Devices & Storage Corporation

Tuesday, September 28, 2021 - 7:00am

(SDK; TSE:4004) concluded a long-term supply contract with Toshiba Electronic Devices & Storage Corporation (Toshiba), a Japanese electronic device manufacturer providing highly efficient SiC-power-semiconductor based power devices for the global market, to supply SiC epitaxial wafers for power semiconductors (SiC epi-wafers) for two and a half years with an optional extension clause.

Key Points: 
  • (SDK; TSE:4004) concluded a long-term supply contract with Toshiba Electronic Devices & Storage Corporation (Toshiba), a Japanese electronic device manufacturer providing highly efficient SiC-power-semiconductor based power devices for the global market, to supply SiC epitaxial wafers for power semiconductors (SiC epi-wafers) for two and a half years with an optional extension clause.
  • Toshiba decided to conclude this long-term contract because the company appreciated homogeneity in properties[3] and low density of surface defects[4] of SiC epi-wafers manufactured by SDK.
  • This long-term contract will further strengthen technical cooperation between SDK and Toshiba on improvement in performance of SiC epi-wafers.
  • In addition, SDK expects that Toshiba's adoption of SiC epi-wafers manufactured by SDK will help SDK to expand its SiC epi-wafer business further.

SDK and SDMC Nominate H. Takahashi as New President and CEO

Wednesday, September 22, 2021 - 7:00am

Takahashi is currently in charge of Carbon and Ceramics divisions, Coating Materials Department, Yokohama and Shiojiri plants and Corporate Strategy Department of SDK.

Key Points: 
  • Takahashi is currently in charge of Carbon and Ceramics divisions, Coating Materials Department, Yokohama and Shiojiri plants and Corporate Strategy Department of SDK.
  • SDK also announces that at Showa Denko Materials Co., Ltd. (SDMC), which is a consolidated subsidiary of SDK, Hisashi Maruyama will resign as President and CEO to become Representative Director and Chairman of the Board of SDMC, and that Hidehito Takahashi, Director of SDMC, will succeed Maruyama, effective January 4, 2022.
  • Hideo Ichikawa, who is currently Director, Chairman of the Board of SDK, will resign as Chairman of the Board on January 4, 2022.
  • (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics.

First Net Zero Mass Spectrometer Launched to Support Greener Future

Thursday, September 23, 2021 - 4:29pm

BREMEN, Germany, Sept. 23, 2021 /PRNewswire/ -- The launch of the world's first net zero mass spectrometer (MS) will make it easier than ever for scientists working across geoscience, food and beverage, environmental science and forensics to practice science sustainably.

Key Points: 
  • BREMEN, Germany, Sept. 23, 2021 /PRNewswire/ -- The launch of the world's first net zero mass spectrometer (MS) will make it easier than ever for scientists working across geoscience, food and beverage, environmental science and forensics to practice science sustainably.
  • The Thermo Scientific Delta Q Isotope Ratio Mass Spectrometer (IRMS) is a next generation gas IRMS designed to enable detailed analysis with greater precision and accuracy.
  • "The Delta Q IRMS, and our IsoFootprint initiative, is a major step forward in our commitment to supporting sustainable science," said Chris Cascella, general manager, inorganic mass spectrometry, chromatography and mass spectrometry, Thermo Fisher Scientific.
  • Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue of approximately $35 billion.

With Market Size Valued at $618.7 Billion by 2026, it`s a Healthy Outlook for the Global Photovoltaics Market

Tuesday, September 14, 2021 - 6:32pm

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Key Points: 
  • We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies.
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • The U.S. Market is Estimated at $74.3 Billion in 2021, While China is Forecast to Reach $139 Billion by 2026
    The Photovoltaics market in the U.S. is estimated at US$74.3 Billion in the year 2021.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Showa Denko Concludes Long-Term Contract to Supply SiC Epitaxial Wafers for ROHM Co., Ltd.

Monday, September 13, 2021 - 9:00am

(SDK; TSE:4004) has concluded a long-term supply contract with ROHM Co., Ltd. (ROHM), a Japanese semiconductor manufacturer providing highly efficient SiC power semiconductors for the global market, to supply SiC epitaxial wafers for power semiconductors (SiC epi-wafers) for plural years.

Key Points: 
  • (SDK; TSE:4004) has concluded a long-term supply contract with ROHM Co., Ltd. (ROHM), a Japanese semiconductor manufacturer providing highly efficient SiC power semiconductors for the global market, to supply SiC epitaxial wafers for power semiconductors (SiC epi-wafers) for plural years.
  • ROHM decided to conclude this ling-term contract because the company appreciated high-quality and stable supply system of SDK's SiC epi-wafers.
  • ROHM continues developing state-of-the-art semiconductors, and therefore, this long-term contract will further strengthen technical cooperation between SDK and ROHM on improvement in qualities of SiC epi-wafers including homogeneity in properties[1] and low density of surface defects[2].
  • SDK expects that its SiC epi-wafer business will grow further in the market for SiC power devices which is expected to grow very much.

Showa Denko Announces the Number of New Shares to be Issued

Wednesday, September 8, 2021 - 8:00am

Total number of issued shares at present: 149,711,292 shares (As of September 8, 2021)

Key Points: 
  • Total number of issued shares at present: 149,711,292 shares (As of September 8, 2021)
    Increase in number of shares by way of the offering of new shares: 32,665,500 shares
    Total number of issued shares after the offering of new shares: 182,376,792 shares
    In addition to the above, in connection with the issuance of new shares by way of Third-Party Allotment, the Company may additionally issue up to 2,524,500 shares of its common stock to a Japanese Underwriter on October 13, 2021.
  • in chemicals segment and 5,800,000,000 yen as investment funds for manufacturing facilities for SiC power semiconductor-related materials and lithium-ion battery materials, etc.
  • For more information regarding the use of proceeds, please refer to the press release "Announcement Regarding Issuance of New Shares and Secondary Offering of Shares" dated August 23, 2021.
  • Showa Denko K.K., CSR & Corporate Communication Office, Tel: 81-3-5470-3235

Showa Denko Announces the Issue Price, Selling Price, and Matters Relating to its New Shares

Monday, September 6, 2021 - 9:30am

(the "Company") hereby announces the issue price, selling price and certain other matters relating to the issuance of its new shares and the secondary offering of shares which its board of directors resolved on August 23, 2021, as set forth below.

Key Points: 
  • (the "Company") hereby announces the issue price, selling price and certain other matters relating to the issuance of its new shares and the secondary offering of shares which its board of directors resolved on August 23, 2021, as set forth below.
  • in chemicals segment and 5,800,000,000 yen as investment funds for manufacturing facilities for SiC power semiconductor-related materials and lithium-ion battery materials, etc.
  • For more information regarding the use of proceeds, please refer to the press release "Announcement Regarding Issuance of New Shares and Secondary Offering of Shares" dated August 23, 2021.
  • Showa Denko K.K., CSR & Corporate Communication Office, Tel: 81-3-5470-3235

Showa Denko Announces Issuance of New Shares and Secondary Offering of Shares

Monday, August 23, 2021 - 7:30am

(the "Company") hereby announces that its board of directors has resolved matters relating to the issuance of its new shares and the secondary offering of shares on August 23, 2021, as set forth below.

Key Points: 
  • (the "Company") hereby announces that its board of directors has resolved matters relating to the issuance of its new shares and the secondary offering of shares on August 23, 2021, as set forth below.
  • The global coordinator for the Japanese Public Offering, the International Offering and the offering mentioned below in "2.
  • Secondary offering of shares (secondary offering by way of over-allotment)" shall be one of the Japanese Underwriters (the "Global Coordinator") and the co-global coordinators shall be two of the Japanese Underwriters.
  • Secondary offering of shares (secondary offering by way of over-allotment) (See "Reference" item 1. below)
    (1) Class and number of shares to be sold: 2,524,500 shares of common stock of the Company.

Showa Denko to Raise Chloroprene Rubber Price

Friday, August 20, 2021 - 5:00am

TOKYO, Aug 20, 2021 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) has decided to increase its chloroprene rubber prices globally.

Key Points: 
  • TOKYO, Aug 20, 2021 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) has decided to increase its chloroprene rubber prices globally.
  • We have avoided raising our chloroprene rubber prices for as long as possible, but we can no longer prolong the inevitable.
  • Due to rising key material costs, the current chloroprene rubber prices do not fully reflect increases in production costs and other business circumstances.
  • Showa Denko K.K., CSR & Corporate Communication Office, Tel: 81-3-5470-3235