Author: rodgermoynihan
Japan – About a Media Report Concerning Showa Denko
With regard to the media coverage made by Nihon Keizai Shimbun (NIKKEI: The Japan Economic Journal) published on July 8, 2021 reporting that Showa Denko (SDK; TSE:4004) will sell off the lead-acid battery business operated by Showa Denko Materials Co., Ltd., which is a member company of the Showa Denko Group, SDK has never released such news, and the coverage is not based on information disclosed by SDK. SDK has been investigating various measures to increase its corporate value, including review of the Showa Denko Group’s business portfolio. Regarding this issue, SDK will suggest a draft resolution to the meeting ... Read more