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Showa Denko Announces Change In Effective Date Of Company Split (Simplified Absorption-Type Company Split)


Thursday, 27 May 2021, 5:26 am
TOKYO, May 26, 2021 - (JCN Newswire) - As stated in the
Announcement of Execution of Master Agreement regarding
Series of Transactions to Effect, among other matters, the
Succession of the Aluminum Can and Aluminum Rolling
Businesses through Company Splits (Simplified
Absorption-Type Company Splits), and Result in Certain
Consolidated Subsidiary Ceasing to be a Consolidated
Subsidiary of Showa Denko K.K. , dated January 28, 2021, the
Company originally planned to succeed the aluminum can
business of the Company to Showa Aluminum Can Corp., which
is a wholly owned consolidated subsidiary of the Company,
effective on June 1, 2021.
However, the Board of
Directors, at a meeting also held today, passed a resolution ....

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Showa Denko Revises Dividend Payment Forecast


Showa Denko Revises Dividend Payment Forecast
Showa Denko (SDK; TSE:4004) announces that it revises its forecast of year-end dividend payment as in below, taking the latest trend in its business performance into consideration.
BriefingWire.com, 12/24/2020 -
TOKYO, Dec 25, 2020 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) announces that it revises its forecast of year-end dividend payment as in below, taking the latest trend in its business performance into consideration.
1. Reasons for the revision of dividend payment forecast
Based on its comprehensive consideration to the importance of the maintenance of shareholder return, including stable payment of dividend, and its latest forecast of the performance for 2020, SDK revises its forecast of year-end dividend payment per share as in below. ....

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