SHOWA DENKO K.K.


Associated tags: SDK, Aluminium, Computer, Carbon, ADR, ABM, Chemical substance, Petrochemical, HD, Inorganic compound, Electronics, Light-emitting diode

Showa Denko Announces 2022 2Q Consolidated Financial Results

Retrieved on: 
Thursday, August 4, 2022

TOKYO, Aug 4, 2022 - (ACN Newswire) - Showa Denko K.K.

Key Points: 
  • TOKYO, Aug 4, 2022 - (ACN Newswire) - Showa Denko K.K.
  • (SDK; TSE:4004) today announced its 2022 2Q consolidated financial results.
  • 2022 Second Quarter Financial Results: Presentation Material
    Showa Denko Decides on Absorption-type Merger & Company Split, Trade Name Change, and Partial Amendment to Articles of Incorporation to Prepare for Its Transformation into Holding Company Structure
    Showa Denko K.K.
  • (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics.

Showa Denko Revises Forecast of Consolidated Performance

Retrieved on: 
Wednesday, August 3, 2022

TOKYO, Aug 3, 2022 - (ACN Newswire) - Showa Denko (SDK) (TOKYO: 4004) announces that, taking the Company's recent performance into account, it revises its forecast of consolidated business results for the first half of the year ending on December 31, 2022 and that for the full year ending on December 31, 2022, both of which were announced on February 13, 2022.

Key Points: 
  • TOKYO, Aug 3, 2022 - (ACN Newswire) - Showa Denko (SDK) (TOKYO: 4004) announces that, taking the Company's recent performance into account, it revises its forecast of consolidated business results for the first half of the year ending on December 31, 2022 and that for the full year ending on December 31, 2022, both of which were announced on February 13, 2022.
  • Revision of forecast of consolidated business results for January 1 - June 30, 2022
    2.
  • Revision of forecast of consolidated business results for January 1 - December 31, 2022
    In the first half of 2022, Semiconductor and Electronic Materials segment showed good performance.
  • With regard to the Company's full-year performance forecast for 2022, net sales are expected to exceed the previous forecast due partly to a weak yen and a rise in prices of products.

Showa Denko Concludes MOU with SK Inc. to Give Consideration to a Plan to Cooperatively Produce High-Purity Gases for Semiconductors in North America

Retrieved on: 
Wednesday, June 29, 2022

(SDK) (TOKYO: 4004) and SK Incorporated concluded a memorandum of understanding (MOU) to give consideration to a plan to start cooperative work to produce high-purity gases, which are used in semiconductor production processes, in North America.

Key Points: 
  • (SDK) (TOKYO: 4004) and SK Incorporated concluded a memorandum of understanding (MOU) to give consideration to a plan to start cooperative work to produce high-purity gases, which are used in semiconductor production processes, in North America.
  • Supply-demand balance of high-purity gases for wiring process (front-end of semiconductor production process) in the US has been tightening.
  • Therefore, many semiconductor manufacturers in the US want to secure stable supply of high-purity gases for semiconductors.
  • To cope with these problems, SDK and SK Materials, which is an in-house independent company of SK Incorporated and produces high-purity gases for semiconductors, will start to give consideration to a plan to cooperatively produce high-purity gases for semiconductors in North America.

SDK and Microwave Chemical Start Joint Development of New Microwave-based Chemical Recycling Technology to Directly Transform Used Plastic into Basic Chemical Feedstock

Retrieved on: 
Tuesday, June 28, 2022

TOKYO, June 28, 2022 - (ACN Newswire) - Showa Denko (SDK) (Tokyo: 4004) and Microwave Chemical Co., Ltd. (Microwave Chemical) have started joint development of a new microwave-based chemical recycling technology to directly transform used plastic into basic chemical feedstock.

Key Points: 
  • TOKYO, June 28, 2022 - (ACN Newswire) - Showa Denko (SDK) (Tokyo: 4004) and Microwave Chemical Co., Ltd. (Microwave Chemical) have started joint development of a new microwave-based chemical recycling technology to directly transform used plastic into basic chemical feedstock.
  • SDK and Microwave Chemical will aim to develop a technology that decomposes used plastic containers and packaging by irradiating microwave, thereby producing basic chemical feedstock such as ethylene and propylene.
  • In the joint technology development, the two companies will use microwave heating, a kind of electric heating used also in a microwave oven.
  • (Chart 1) Taking advantage of such characteristics of microwave heating, we will aim to transform used plastic directly into basic chemical feedstock with low energy consumption and high efficiency.

Showa Denko Announces Record Date for Extraordinary Shareholders' Meeting

Retrieved on: 
Thursday, May 26, 2022

TOKYO, May 26, 2022 - (ACN Newswire) - Showa Denko (SDK) (Tokyo: 4004) decided at its Board of Directors' meeting today to prescribe a record date for an extraordinary general shareholders' meeting scheduled for September 29, 2022 in accordance with Article 124 of the Companies Act (hereinafter "Extraordinary Shareholders' Meeting"), as follows:

Key Points: 
  • TOKYO, May 26, 2022 - (ACN Newswire) - Showa Denko (SDK) (Tokyo: 4004) decided at its Board of Directors' meeting today to prescribe a record date for an extraordinary general shareholders' meeting scheduled for September 29, 2022 in accordance with Article 124 of the Companies Act (hereinafter "Extraordinary Shareholders' Meeting"), as follows:
    2) Date of public notice concerning prescription of Record Date: June 15, 2022 (Wednesday)
    3) Method of public notice: An electronic public notice will be given on SDK's website at: https://www.sdk.co.jp/
    4) Persons entitled to exercise rights as of Record Date and content of the rights:
    The shareholders that have been entered or recorded in the final shareholder register as of the Record Date will be entitled to exercise their voting rights at Extraordinary Shareholders' Meeting to be held in September 2022.
  • Date and hour of Extraordinary Shareholders' Meeting, matters to be referred, etc.
  • Specifically, we are considering a company split in which Showa Denko Materials Co., Ltd. (hereinafter "SDMC") will succeed to entire businesses of SDK.
  • Extraordinary Shareholders' Meeting will be convened to discuss relevant amendments to Articles of Incorporation.