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Showa Denko Revises Forecast of Consolidated Performance and to Record Extraordinary Loss


Showa Denko Revises Forecast of Consolidated Performance and to Record Extraordinary Loss
Showa Denko (SDK; TSE:4004) announces that it revises its forecast of consolidated business results for the first half of the year ending on December 31, 2021.
BriefingWire.com, 5/10/2021 -
TOKYO, May 10, 2021 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) announces that it revises its forecast of consolidated business results for the first half of the year ending on December 31, 2021, which was announced on February 17, 2021, taking the latest economic conditions into consideration. Following this revision, SDK also revises its full-year forecast of consolidated business results for the year ending on December 31, 2021. Regarding the latter forecast, we revised the full-year forecast to reflect only the changes in the performance forecast for the first half of 2021. ....

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Showa Denko Announces Notice of Execution of Basic Agreement regarding Tender Offer over Subsidiary


Showa Denko Announces Notice of Execution of Basic Agreement regarding Tender Offer over Subsidiary
Aims to become a world-class, functional chemical manufacturer
BriefingWire.com, 3/04/2021 -
TOKYO, Mar 4, 2021 - (JCN Newswire) - Showa Denko K.K. (hereinafter referred to as the Company ) hereby announces that, as of today, the Company has entered into: (i) a basic agreement (hereinafter referred to as the Basic Agreement ) setting forth the application for 3,160,306 shares of SHOKO CO., LTD. (Code number 8090, listed on the First Section of Tokyo Stock Exchange; hereinafter referred to as SHOKO ), the Company s consolidated subsidiary, among the shares of SHOKO owned by the Company, in a tender offer for the common shares issued by SHOKO (hereinafter referred to as the SHOKO Shares ), that will commence on March 5, 2021, with such tender offer being made by SKT Holdings Ltd. (hereinafter referred to as SKTHD ), a ....

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IT News Online - SDK Formulates 'Long-term Vision (2021-2030) for Newly Integrated Company'


SDK Formulates Long-term Vision (2021-2030) for Newly Integrated Company
JCN Newswire
2020-12-10
TOKYO, Dec 10, 2020 - (JCN Newswire) - Showa Denko K.K. (SDK; TSE:4004) has formulated its future Long-term Vision (2021-2030) for Newly Integrated Company (Long-term Vision) following integration with Showa Denko Materials Co., Ltd. (Showa Denko Materials).
Since making Showa Denko Materials a consolidated subsidiary on April 28 of this year, Showa Denko has been developing its Long-term Vision in order to integrate the two companies as soon as possible and establish a foundation for future growth.
Showa Denko and Showa Denko Materials are committed to providing new functions and value as an integrated company (the Company) in the chemicals industry where intensification of global competition and changes in market structure are expected to go forward, thereby contributing to the realization of a sustainable society. ....

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