Showa Denko formulates ‘Long-term Vision’ for 2021-30

The newly integrated company will seek to change society through the power of chemistry.

Showa Denko has formulated its future ‘Long-term Vision (2021-2030) for newly integrated company (Long-term Vision) following integration with Showa Denko Materials. 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  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.

In terms of purpose, the newly integrated company will seek to change society through the power of chemistry. This includes contributing to the sustainable development of global society by creating functions required of the times as an advanced material partner. In addition, the company will strive to become a company with a ‘strong presence in the global market’ and that ‘contributes to a sustainable global society,’ which are the two things the company aims to achieve in terms of its Ideal state in order to fulfill its purpose.

Currently, global demand for solutions to environmental and social issues and contributions to SDGs is driving the need for the renewal of various social infrastructure such as digital infrastructure, mobility and energy. In this context, expectations for innovation by materials manufacturers are growing.

By integrating the two companies, the Showa Denko Group (the Group) will meet these societal demands and expectations of its customers head on. It will provide onestop solutions and new functions to its customers and contribute to a sustainable society as a whole as a “global top-level functional chemical manufacturer” that will realize a breakthrough by fusing Showa Denko’s midstream materials technologies,Showa Denko Materials’ downstream application technologies and both companies’ evaluation and analysis technologies.

To realize its Ideal state, the Showa Denko Group will leverage its highly complementary business portfolio built through the integration of the two entities. It will continue to provide new functions to the market and realize continuous growth by having its four business categories – “Core Growth” business, ‘Next-Generation’ business, ‘Stable Earnings’ business and ‘Fundamental Technologies/Materials’ business – each plays a different role with a competitive advantage commensurate with their respective roles.