Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Showa Denko K.K.    4004   JP3368000000

SHOWA DENKO K.K.

(4004)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Showa Denko K K : SDK to Change Part of its Articles of Incorporation

share with twitter share with LinkedIn share with facebook
share via e-mail
02/13/2020 | 03:37am EDT

TOKYO, Feb 13, 2020 - (JCN Newswire) - - Showa Denko (SDK; TSE:4004) decided at its board of directors meeting today to present a proposal for partial changes in its Articles of Incorporation to its 111th ordinary general meeting of shareholders to be held on March 26, 2020.

1. Objective of changes

(1) Convocation of General meeting (amended Article 12):

To ensure flexible administration of general meetings of shareholders, it is planned to change part of Article 12, paragraph 2.

(2) Representative Directors and Officer Directors (amended Article 20):

To ensure quick execution of the company's operation, it is planned to change part of Article 20, paragraph 2, so that president may be elected from among corporate officers as well. Also, provisions on Officer Directors will be amended as shown in planned paragraph 3.

(3) Convener of Board of Directors Meeting (current Article 21):

To ensure flexible administration of meetings of the board of directors, it is planned to delete the provision in Articles of Incorporation referred to in Article 366, paragraph 1, of the Companies Act.

(4) Corporate Officers (amended Article 27):

It is planned to establish new Article 27 to clarify the company's corporate officers system, which has been adopted since the 93rd business term.

(5) Other changes (amended Articles 12 and 13):

Titles of Articles 12 and 13 are to be changed to make them consistent with descriptions in other provisions.

2. Details

Proposed changes in Articles of Incorporation are as follows:

*See https://bit.ly/2SEPvng

3. Schedules

(1) Date of the general meeting of shareholders for the change of Articles of Incorporation:

March 26, 2020

(2) Effective date of the change of Articles of Incorporation:

March 26, 2020

About Showa Denko K.K.

Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY), a major manufacturer of chemical products, serves a wide range of fields from heavy industry to electronics and computer industries. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, and the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory and graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high-bright LEDs and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.

Contact:

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

Copyright 2020 JCN Newswire . All rights reserved.

© Japan Corporate News, source JCN Press Releases

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on SHOWA DENKO K.K.
04/02SHOWA DENKO K.K. : Outline of CEO Message to Newly-hired Employees
AQ
04/01SHOWA DENKO K K : Outline of CEO Message to Newly-hired Employees
PU
04/01SHOWA DENKO K K : Outline of Showa Denko CEO Message to Newly-hired Employees
AQ
03/23SHOWA DENKO K K : Announcement Regarding the Commencement of Tender Offer for Sh..
PU
03/23SHOWA DENKO TO COMMENCE TENDER OFFER : 4217)
AQ
03/18SHOWA DENKO K K : Group to Mass-produce SPALF Packaging Materials for Large Onbo..
AQ
03/18SHOWA DENKO K K : SDK Group Decides to Install Equipment to Mass-produce SPALF&t..
PU
02/28SDK Announces Progress Towards the Tender Offer for Shares of Hitachi Chemica..
AQ
02/28SHOWA DENKO K K : SDK Receives Award for Used-Plastic Chemical Recycling Busines..
AQ
02/14SHOWA DENKO K.K. : Slide show results
CO
More news
Financials (JPY)
Sales 2020 870 B
EBIT 2020 46 922 M
Net income 2020 16 804 M
Debt 2020 483 B
Yield 2020 5,87%
P/E ratio 2020 19,2x
P/E ratio 2021 6,16x
EV / Sales2020 0,93x
EV / Sales2021 0,84x
Capitalization 323 B
Chart SHOWA DENKO K.K.
Duration : Period :
Showa Denko K.K. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SHOWA DENKO K.K.
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 3 196,25  JPY
Last Close Price 2 213,00  JPY
Spread / Highest target 144%
Spread / Average Target 44,4%
Spread / Lowest Target -5,11%
EPS Revisions
Managers
NameTitle
Kohei Morikawa President, CEO & Representative Director
Hideo Ichikawa Chairman
Motohiro Takeuchi CFO, Director, Executive Officer & Manager-Finance
Jun Tanaka Director & Chief Technology Officer
Keiichi Kamiguchi Director, Head-Personnel & Legal Affairs
Sector and Competitors
1st jan.Capitalization (M$)
SHOWA DENKO K.K.3.12%3 033
AIR LIQUIDE-8.72%60 412
SAUDI BASIC INDUSTRIES CORPORATION6.89%55 798
WANHUA CHEMICAL GROUP CO., LTD.1.71%18 288
LYONDELLBASELL INDUSTRIES N.V.-51.21%16 554
NAN YA PLASTICS CORPORATION-1.47%14 347