Tag: Showa

Showa Denko Announces 2022 2Q Consolidated Financial Results

Showa Denko K.K. (SDK; TSE:4004) today announced its 2022 2Q consolidated financial results. 2022 Second Quarter Consolidated Financial Statements and summary– https://www.sdk.co.jp/assets/files/english/ir/library/fss2022-2q.pdf 2022 Second Quarter Financial Results: Presentation Material– https://www.sdk.co.jp/assets/files/english/ir/library/pdf_presentation/results2022-2q.pdf 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– https://www.sdk.co.jp/assets/files/english/news/2022/20220804_sdknewsrelease3_e.pdf About Showa Denko K.K. Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, ... Read more

Showa Denko Announces Record Date for Extraordinary Shareholders’ Meeting

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: 1. Record Date to be prescribed for convocation of Extraordinary Shareholders’ Meeting 1) Record Date: June 30, 2022 (Thursday) 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 ... Read more

Showa Denko to Consider Simplified Absorption-type Company Split

Showa Denko (SDK) (Tokyo: 4004) decided at its Board of Directors’ meeting today to consider and prepare for a company split concerning its graphite electrode business. Under the plan, Shinshu Showa K.K., a consolidated subsidiary of SDK located in Omachi City, Nagano Prefecture, will succeed to SDK’s graphite electrode business in or around January 2023. This company split will be subject to relevant authorities’ approval. Details will be announced later as soon as they are decided. 1. Background and objectives SDK’s graphite electrode business is conducted through a virtual global-scale controlling organization as well as a regional control system involving ... Read more

Showa Denko Announces 2022 First Quarter Financial Results

Showa Denko K.K. (SDK; TSE:4004) today announced its 2022 first quarter financial results. – 2022 First Quarter Consolidated Financial Statements and summaryhttps://www.sdk.co.jp/assets/files/english/ir/library/fss2022-1q.pdf The Company also issued the following supporting release: – 2022 First Quarter Financial Results: Presentation Materialhttps://www.sdk.co.jp/assets/files/english/ir/library/pdf_presentation/results2022-1q.pdf About Showa Denko K.K. Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, ... Read more

Showa Denko Decides to Raise Chloroprene Rubber Price

Showa Denko (SDK) (TOKYO: 4004) has decided to raise prices of its chloroprene rubber (a kind of synthetic resin marketed under trade name of Showa Denko Chloroprene) by JPY60/kg or more, which is equivalent to US$470/m.t or more for US-dollar-based transactions and EUR440/m.t. or more for euro-based transactions. The new prices will be effective from May 16, 2022 on shipping date basis. Showa Denko Chloroprene has the advantage of being highly efficient at oil resistance, thermal resistance, weather resistance, and incombustibility. Showa Denko Chloroprene’s fluid latex products are used for various purposes including medical instruments, adhesives, and waterproofing agents, and ... Read more