New Year Message from Kohei Morikawa, Showa Denko President and CEO

Jan 04, 2019 11:30 JST

Source: Showa Denko K.K.

TOKYO, Jan 04, 2019 - (JCN Newswire) - Kohei Morikawa, president and CEO of Showa Denko ("SDK"; TSE:4004) announced the following New Year message.

Kohei Morikawa, President and CEO

2019 is a year when our true value is being questioned

We expect that the Showa Denko Group will achieve all-time high operating income for two consecutive years in its 2018 year-end settlement of accounts. Our success in fully sharing the benefit of a brisk market is the result of the strenuous efforts to establish "sound present" made by the Group's lines of business through many years. With regard to the global economy in 2019, a dark sign has begun to be seen in the prosperity which started in 2017 due partly to the trade friction between the United States and China and other geopolitical risks. 2019 is a year when our true value is being questioned. Whether we can adapt ourselves to changes in wind direction or not will determine our true value.

To make ourselves a "KOSEIHA Company"

Under the new medium-term consolidated business plan "The TOP 2021" which starts this year, the Showa Denko Group will change its course sharply toward long-term business growth on the basis of cash we earned. "The TOP" represents the summit of the mountain we aim for, namely, making half or more of the Group's businesses "KOSEIHA Businesses." KOSEIHA Business is a business in which the Group earns operating income of billions of yen or more, records operating margin of 10% or more, and achieves stable profitability tolerant to environmental change. Different businesses have different processes to become KOSEIHA Businesses. Every business should start to "Enhance," "Grow" or "Change" itself in line with the policy set in The TOP 2021. In addition, to realize continuous growth, creation of new businesses is essential for us. Let's have a strong will to promote growth of the Group and "Create" new businesses.

Let's "Act" to touch the heart and make society better

2019 marks Showa Denko's 80th anniversary. Let's appreciate our predecessors' contributions to the prosperity of the Showa Denko Group, and march together toward the promising future, aiming to become a corporate group which satisfies all stakeholders. The Showa Denko Group shall "Act" to touch "the heart" and make "society" better. To make ourselves such a corporate group, I'm looking for everyone to act on your own initiative as the leading person of value creation. Let's make a powerful start toward new growth.

Contact:

Showa Denko K.K. Public Relations Office, Tel: +81-3-5470-3235

Source: Showa Denko K.K.
Sectors: Chemicals, Spec.Chem

Related Press Release

Showa Denko Launches Mass Production of 6-inch SiC Single Crystal Wafers

March 28 2022 11:00 JST

SDK Corrects Segment Information in 2021 Consolidated Financial Statements

March 11 2022 14:00 JST

Showa Denko Group Starts to Consider Transformation into Holding Company Structure

March 09 2022 14:00 JST

Showa Denko Decides Firm Name of the Newly Integrated Company

March 09 2022 14:00 JST

SDK Announces 2021 Consolidated Financial Results

February 14 2022 13:00 JST

SDK to Revise Amount of Director Compensation (in Money) Following Revision of Director Compensation Scheme and to Partially Revise Performance-Linked Stock Compensation Scheme

February 14 2022 13:00 JST

Showa Denko Accelerates Search for Optimal Formulation of Semiconductor Materials with Quantum Computing Technology

February 10 2022 12:00 JST

Showa Denko Revises Forecast of Consolidated Performance

February 09 2022 15:00 JST

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

January 04 2022 13:00 JST

Showa Denko Develops HD Media for MAS-MAMR Technology

December 10 2021 12:30 JST

More Press release >>

Latest Press Release

New-look TGR-WRT launches landmark campaign on legendary rally
Jan 16, 2026 21:34 JST

Mitsubishi Corporation Announces Acquisition of Haynesville Shale Gas Business in Louisiana and Texas
Jan 16, 2026 21:12 JST

MHI Thermal Systems Expands Lineup of Building-Use Multi-Split Air-Conditioners for Overseas Markets

Jan 16, 2026 15:47 JST

NEC Launches "NEC Composable Disaggregated Infrastructure Solution" for Distributed Computing Resources
Jan 15, 2026 17:00 JST

Mitsubishi Power Lands Significant Gas Turbine Order for Qatar's Facility E IWPP Project
Jan 14, 2026 18:58 JST

Mitsubishi Motors Launches Updated Outlander PHEV in Canada
Jan 14, 2026 17:38 JST

Hitachi High-Tech launches FOUNDRY-MASTER Smart 2, enhancing performance and value of stationary optical emission spectrometers
Jan 14, 2026 14:10 JST

Fujitsu launches demonstration experiment into green steel value flow utilizing blockchain technology to accelerate decarbonization in the steel Industry
Jan 14, 2026 10:52 JST

Toyota Systems, Fujitsu utilize quantum-inspired technology and AI to streamline on-board computer design and contribute to sustainable development
Jan 14, 2026 10:36 JST

Mitsubishi Motors Starts Production of Rogue Plug-in Hybrid and Navara OEM Models for Nissan
Jan 13, 2026 16:02 JST

Additional Investment in Commercial Space Station Business and Acquisition of Experimental Module Usage Rights
Jan 13, 2026 14:34 JST

Honda to Adopt New "H mark" as Symbol of Honda Automobile Business
Jan 13, 2026 11:26 JST

Eisai and Nuvation Bio Enter into Exclusive Licensing Agreement for Taletrectinib in Europe and Additional Countries Outside the U.S., China and Japan
Jan 13, 2026 09:50 JST

Mazda Unveils MAZDA CX-6e New Battery EV in World Premiere
Jan 12, 2026 13:10 JST

TOYOTA GAZOO Racing Announces GR Yaris MORIZO RR
Jan 09, 2026 16:03 JST

Honda Announces New Lines of Models that Represent "Honda Sports DNA" at Tokyo Auto Salon 2026
Jan 09, 2026 14:24 JST

Honda Launches Fixed-Battery Electric Two-Wheeled Personal Commuter "Honda UC3" in Thailand and Vietnam
Jan 09, 2026 13:27 JST

Sponsorship Agreement Reached with LCR Honda; Full-Season MotoGP Entry as Pro Honda LCR
Jan 09, 2026 13:05 JST

Mazda Develops New Body Color, "Navy Blue Mica"
Jan 09, 2026 10:23 JST

Fujitsu develops digital learning platform for JAL to support self-directed learning and training management
Jan 09, 2026 10:07 JST

More Latest Release >>