SDK Gains Approval for Its Plan for Innovative Use of Data

Aug 01, 2019 19:00 JST

Source: Showa Denko K.K.

TOKYO, Aug 01, 2019 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) announces that its plan for establishing a new information platform has been approved by the government as one of the "Plans for Innovative Use of Data for Industrial Activities" under the Act on Special Measures for Productivity Improvement. The approval was given on July 18.

In accordance with Article 22 of the Act, Minister for Internal Affairs and Communications as well as Minister of Economy, Trade and Industry approve capital investment plans for productivity improvement (in terms of labor productivity and return on investment) through coordination and utilization of data with prescribed cybersecurity measures. In cases of capital investments based on such approved plans, companies can receive government support in the form of tax credit and special depreciation.

As announced on May 9 this year, SDK decided to introduce "SAP S/4HANA," an enterprise resource planning (ERP) system developed by SAP SE. Based on the system, SDK will establish a platform for unified management of information on sales, accounting and procurement pertaining to various sites it operates globally. The unified data under "SAP S/4HANA" will be supplied to new systems of sales target and profit/loss simulation, and analyzed. Thus, SDK will achieve a proactive management style by implementing effective measures based on "planning backward from a future image." Thus, SDK's plan for establishing the new information platform has been approved as a Plan for Innovative Use of Data for Industrial Activities.

Under its medium-term business plan "The TOP 2021," SDK aims to maximize CUSTOMER Experience through full utilization of artificial intelligence (AI) and Internet of things (IoT). By establishing the new information platform, SDK will continue increasing management efficiency and creating best solutions through integration of various products and services.

Contact:

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

Source: Showa Denko K.K.
Sectors: Cloud & Enterprise

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

Mazda Production and Sales Results for March 2024 and for April 2023 through March 2024
Apr 25, 2024 18:21 JST

MHI Begins Operation of SOEC Test Module the Next-Generation High-Efficiency Hydrogen Production Technology at Takasago Hydrogen Park
Apr 25, 2024 17:45 JST

GAC Honda to Begin Sales of All-new e:NP2, the Second Model of e:N Series
Apr 25, 2024 16:50 JST

Toyota Exhibiting at Beijing Motor Show 2024
Apr 25, 2024 16:25 JST

Honda Reaches Basic Agreement with Asahi Kasei on Collaboration for Production of Battery Separators for Automotive Batteries in Canada
Apr 25, 2024 11:10 JST

UNIQLO Sponsors KAWS + Warhol Exhibition Tour, Starting in Pittsburgh
Apr 25, 2024 09:00 JST

Mitsubishi Power Begins Commercial Operation of Seventh M701JAC Gas Turbine in Thailand GTCC Project; Achieves 75,000 AOH To-Date
Apr 24, 2024 17:19 JST

MC and Denka Sign J/V Agreement in Fullerene Business
Apr 24, 2024 17:02 JST

Mitsubishi Motors Posts Record Sales in the Philippines in FY2023
Apr 24, 2024 13:56 JST

NEC Develops High-speed Generative AI Large Language Models (LLM) with World-class Performance
Apr 24, 2024 13:25 JST

Fujitsu SX Survey reveals key success factors for sustainability
Apr 23, 2024 10:25 JST

Fujitsu and METRON collaborate to drive ESG success: slashing energy costs, boosting productivity with new manufacturing industry solutions
Apr 22, 2024 16:09 JST

NEC Strengthens Commitment to Space Industry with Investment in Seraphim Space Venture Fund II
Apr 22, 2024 15:09 JST

Soft Space Launches the First and Only JCB Payment Gateway in Malaysia
Apr 22, 2024 15:00 JST

TOYOTA GAZOO Racing takes a one-two in Croatian thriller
Apr 22, 2024 10:47 JST

First-ever Mazda CX-80 Crossover SUV Unveiled in Europe
Apr 19, 2024 13:50 JST

Fujitsu develops technology to convert corporate digital identity credentials, enabling participation of non-European companies in European data spaces
Apr 19, 2024 10:17 JST

Mitsubishi Heavy Industries and NGK to Jointly Develop Hydrogen Purification System from Ammonia Cracking Gas
Apr 18, 2024 17:01 JST

Toyota Launches All-New Land Cruiser "250" Series in Japan
Apr 18, 2024 13:39 JST

Fujitsu and Oracle collaborate to deliver sovereign cloud and AI capabilities in Japan
Apr 18, 2024 11:14 JST

More Latest Release >>