Showa Denko K.K. Provides Earnings Guidance for the 1St Half and Fiscal Year Ending December 31, 2021
February 17, 2021 at 01:00 am EST
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Showa Denko K.K. provided earnings guidance for the 1st half and fiscal year ending December 31, 2021. For the 1st half, the company expects net sales of ¥630,000 million, operating income of ¥11,000 million, net loss attributable to owners of the parent of ¥16,000 million or ¥109.68 per share.
For the year, the company expects net sales of ¥1,280,000 million, operating income of ¥45,000 million, net loss attributable to owners of the parent of ¥14,000 million or ¥95.97 per share.
Resonac Holding Corporation (formerly Showa Denko KK) is a holding company organized around 7 family of products:
- materials (43.8% of net sales): electronics materials (epoxy molding compounds, die bonding materials, CMP slurries, anisotropic conductive films), printed wiring board materials (copper-clad laminates, photosensitive dry films), mobility components (plastic molded products, friction materials, powder metal products, carbon anode materials for LIBs), energy storage devices and systems (automotive and industrial batteries), and life sciences (diagnostics, contracted manufacturing of regenerative medicine products);
- petrochemical products (19.6%): olefins (polyethylene, polypropylene) and organic chemical products (vinyl acetate monomer, ethyl acetate and plastics);
- chemical products (12.9%): caustic soda, chlorine, liquid ammonia, amino acids, polymers, gas (oxygen, nitrogen, hydrogen), etc.;
- electronic components (8.3%): hard disks, semiconductors components, magnetic components, etc.;
- inorganic products (7.1%): ceramics and carbons (graphite electrodes);
- aluminum products (5.3%): aluminum foils, extruded products, forged products, cans, etc.;
- other (3%).
Net sales break down geographically as follows: Japan (53.4%), China (12%), Asia (20.6%) and other (14%).
RESONAC HOLDING CORPORATION 
