Showa Denko (SDK; TSE:4004) decided at its Board of Directors meeting held today that its consolidated subsidiary Showa Denko Carbon Holding GmbH (SDCH) will merge with its consolidated subsidiary Showa Denko Europe GmbH (SDE), and that the surviving company SDCH will change its company name into Showa Denko Europe GmbH (new SDE) effective as of January 1, 2021.
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Showa Denko (SDK; TSE:4004) signed a document to declare joining "The Valuable 500," an international initiative to promote inclusion of handicapped persons on September 1, 2020, because the Company endorsed the aim and activities of the initiative.
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Showa Denko (SDK; TSE:4004) obtained a license to process industrial waste, and started to accept used plastics which were crushed and molded.
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Showa Denko K.K. (SDK; TSE:4004) today announced its 2020 2Q consolidated financial results.
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Showa Denko (SDK; TSE:4004) has revised its forecast of consolidated performance for full-year 2020 as described below.
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Showa Denko (SDK; TSE:4004) announces that it will record expenses of 21.6 billion yen, consisting of 4.3 billion yen operating expenses and 17.3 billion yen non-operating expenses, in the first half of 2020 with regard to its acquisition of shares in Hitachi Chemical Company, Ltd. (Hitachi Chemical). SDK will also record an extraordinary loss of 4.7 billion yen as it adjusts graphite electrode production capacity.
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Showa Aluminum Can Corporation (SAC), a consolidated subsidiary of Showa Denko (SDK; TSE:4004), headquartered in Shinagawa Ward, Tokyo, had a ceremony on July 29 to celebrate the completion of its third base in Vietnam to produce aluminum cans. This new production base (Ba Ria-Vung Tau Factory) is in Ba Ria-Vung Tau Province, which is in the southern part of Vietnam.
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Showa Denko (SDK; TSE:4004) has developed wet-resistant heat-conductive aluminum nitride filler to be used as heat-radiation filler for semiconductor devices. SDK has started to offer samples of the aluminum nitride filler.
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Showa Denko (SDK; TSE:4004), its Group companies, and their cooperative companies continued to perform aluminum can recycling activity in fiscal 2019 (April 2019 - March 2020), collecting approximately 4.43 million cans: equivalent to about 67.8 tons of aluminum when converted at the rate of 15.3 grams of aluminum per can*.
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Showa Denko (SDK; TSE:4004) announces that Hitachi Chemical Company, Ltd. (Hitachi Chemical), a consolidated subsidiary of SDK, has resolved at the annual general shareholders' meeting held on June 23, 2020 to change its firm name into Showa Denko Materials Co., Ltd. on October 1, 2020.
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Showa Denko (SDK; TSE:4004) expanded production lines to produce vinyl ester resin (VE) and synthetic resin emulsion (EM) in the premises of Shanghai Showa Highpolymer Co., Ltd. (SSHP), a Chinese subsidiary of SDK, and has increased production of VE and EM there, aiming to expand the Showa Denko Group's functional resin business in China.
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The Tender Offeror commenced the Tender Offer on March 24, 2020, and the Tender Offer was completed on April 20, 2020. Accordingly, we hereby announce the results thereof as follows.
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At its board of directors meeting held on April 21, 2020, Showa Denko K.K. ("Showa Denko") decided to execute a money consumption loan agreement with Mizuho Bank, Ltd. ("Mizuho Bank") for fundraising purposes.
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Showa Denko, AIST, NEDO and ADMAT have cooperatively proved that introduction of artificial intelligence (AI) into the process to develop flexible transparent film can reduce the numbers of times of experiment to produce film that satisfies required properties to one-twenty-fifth (1/25) or less of those conventional development methods require.
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Today, Kohei Morikawa, President and CEO of Showa Denko K.K. ("Showa Denko"; TSE: 4004) sent a message to the company's newly-hired employees.
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Since the Tender Offerors confirmed that all the conditions precedent have been satisfied, Showa Denko's board of directors and the Tender Offeror's representative officer decided today to commence the Tender Offer on March 24, 2020.
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Showa Denko Packaging Co., Ltd. (SPA), a consolidated subsidiary of Showa Denko K.K., has developed a new product to be added to the lineup of SPALF(TM) aluminum laminate films which is used as packaging material for pouch-type lithium-ion batteries (LIBs), and decided to install equipment to mass-produce the new product.
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Showa Denko (SDK; TSE:4004) has received an award from Chairman of the Japan Business Federation for its used-plastic chemical recycling business.
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As notified on the "Announcement Regarding the Planned Commencement of Tender Offer for Shares in Hitachi Chemical Company, Ltd. (Securities Code 4217)" dated December 18, 2019, HC Holdings K.K., a wholly-owned subsidiary of Showa Denko K.K., had announced that the commencement of the tender offer (The "Tender Offer") is subject to satisfaction of certain conditions precedent, including the completion of necessary procedures and actions under domestic and overseas competition laws.
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Showa Denko (SDK; TSE:4004), in its 2019 consolidated financial statements announced today, recorded loss due to impairment (extraordinary loss).
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Showa Denko (SDK; TSE:4004) hereby announces a partial amendment to its earlier news release entitled "Changes in Representative Director and Other Members of Management" issued at 3 p.m., November 29, 2019.
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Showa Denko (SDK; TSE:4004) decided at its board of directors meeting today to present a proposal for partial changes in its Articles of Incorporation to its 111th ordinary general meeting of shareholders to be held on March 26, 2020.
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Showa Denko (SDK; TSE:4004) today announced its 2019 consolidated financial results.
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Showa Denko (SDK; TSE:4004) has developed an artificial-intelligence-based image analysis system for spherical alumina production in cooperation with BLUE TAG. SDK will start using the system at its production line in April this year.
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Showa Denko K.K. (SDK; TSE:4004) has introduced an artificial intelligence (AI) based search system to look efficiently for information useful for capital investment evaluation from the company's knowledge databases.
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Showa Denko (SDK; TSE:4004) has developed the technology of manufacturing media for next-generation hard disk drives (HDDs) based on the Heat Assisted Magnetic Recording (HAMR Note) technology.
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Showa Denko K.K. (SDK; TSE:4004) has decided to terminate operation of its production lines to synthesize unsaturated polyester resin (UP) and vinyl ester resin (VE) at Isesaki Plant by the end of June 2021, and concentrate domestic production of UP and VE at Tatsuno Plant in order to improve profitability of its UP and VE businesses.
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Showa Denko K.K. (SDK; TSE:4004) has decided to establish its subsidiary's second factory in Shanghai to produce high-purity gases for electronics.
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Kohei Morikawa, President and CEO of Showa Denko ("SDK"; TSE:4004) announced the following New Year message.
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