Home Energy conservation New Year’s Message from Hidehito Takahashi, President and CEO of Showa Denko

New Year’s Message from Hidehito Takahashi, President and CEO of Showa Denko

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TOKYO, Jan. 4, 2022 – (JCN Newswire) – Hidehito Takahashi, President and CEO of Showa Denko (“SDK”; TSE: 4004) announced the following New Years message.

Hidehito Takahashi, President and CEO

I want to express my sincere condolences to all who have contracted COVID-19 and to those who are struggling due to the spread of the disease.

In 2021, people achieved a “new normal” in which they struggled to return to normal daily life while preventing further spread of the disease. So, people started to create a new sense of values.

2022 is crucial for the full integration process

Since 2019, when the Company announced the acquisition of the former Hitachi Chemical Company, Ltd. (currently Showa Denko Materials Co., Ltd.), the integration scheme of Showa Denko (SDK) and Showa Denko Materials (SDMC) has been smooth thanks to the efforts of all of you within the Showa Denko Group. As a result, in January 2022, we achieved a substantial integration of the two companies through the unification of the management systems of the two companies. This is an excellent result as it was reached one year earlier than the schedule that had been announced as part of the “Long-term vision for the newly integrated company” published in December 2020. In January 2023, we will integrate the legal personalities of the two companies. 2022 is therefore a crucial year for us because we are going to enter the final phase of our work on integrating the two companies.

Business philosophy of the newly integrated company

In order to make the new company, which is to be born from the integration of SDK and SDMC, a leading chemical company capable of winning the global competition, the management and all employees of the Showa Denko group must redouble their efforts. in unity. With this in mind, we have defined four values ​​consisting of “Passionate and Results Oriented”, “Agile and Flexible”, “Open Mind and Open Connections” and “Strong Vision and Solid Integrity” as values ​​that the Showa Denko group should consider important. We have added these four values ​​to the goal of the newly integrated company that we have stated in the long term vision, which is “Changing society through the power of chemistry” and defined the whole goal and of the four values ​​as the business philosophy of the newly integrated company. .

Subsequently, we will disseminate these Values ​​several times to share them by all members of the Showa Denko Group with strong empathy. In addition, we are committed to training highly competent people who can improve, reform their working style and innovate.

Company that contributes to a sustainable global society

Sustainability is an important factor for a company that competes in the global market. We have positioned “a company that contributes to a sustainable global society” as the ideal state of the Showa Denko Group, and have been grappling with various initiatives including energy conservation, provision of products and services that contribute to the realization of a society focused on recycling, the promotion of diversity and inclusion, respect for human rights and reduction of the environmental burden caused by the business activities of the Showa Denko group.

In addition, in 2021, the Group announced its desire to achieve carbon neutrality by 2050. To achieve this objective, we must make various innovations and invest a lot of money. In order to consistently take these actions, each company in the Group must aim to fulfill the expected role, and the Group must continuously achieve net sales of 1,000 billion yen or more and an EBITDA margin of 20% or more, thus making the Group a highly profitable company. business.

Together with colleagues who share values, let us make the Showa Denko Group a leading chemical company that can win the global competition.

About Showa Denko KK

Showa Denko KK (SDK; TSE: 4004, ADR: SHWDY) is a leading manufacturer of chemicals ranging from heavy industry to computers and electronics. The Petrochemical Sector supplies cracking products such as ethylene and propylene, the Chemical Sector supplies industrial, high performance and high purity gases and chemicals for semiconductors and other industries, the Inorganic Sector supplies ceramic products, such as alumina, abrasives, refractory / graphite electrodes and fine carbon products. The aluminum sector provides high value added aluminum materials and manufactured aluminum, the electronics sector provides HD media, compound semiconductors such as ultra bright LEDs and magnetic earth alloys rare, and the Advanced Battery Materials (ABM) department supplies lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.

For more information, contact:
Showa Denko KK, Brand Communication Department, Tel. : 81-3-5470-3235

Source: Showa Denko KK

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