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 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Showa Denko K K : SDK Group Decides to Install Equipment to Mass-produce SPALF™ Packaging Material for Large Onboard LIBs

share with twitter share with LinkedIn share with facebook
03/18/2020 | 05:25am EDT

Showa Denko Packaging Co., Ltd. (SPA), a consolidated subsidiary of Showa Denko K.K. (SDK) (TOKYO: 4004), has developed a new product to be added to the lineup of SPALFTM aluminum laminate film which is used as packaging material for pouch-type lithium-ion batteries (LIBs), and decided to install equipment to mass-produce the new product. This new product is specialized for large-sized LIBs, which are mainly used for cars. Operation of the new production equipment is scheduled to be started in March, 2021.

SPALFTM is laminated composite film consisting of resin films and aluminum foil, and is mainly used as packaging material for pouch-type LIBs. SPALFTM has a large market share in the world due to its excellent insulation performance and superb plasticity. Pouch-type LIBs have outstanding flexibility in shaping. Therefore, they are used in many kinds of small devices including smartphones and tablets. Moreover, in recent years, pouch-type LIBs have begun to be widely used in large-sized equipment including EVs because pouch-type LIBs' high quality has been widely recognized and there has been considerable progress in verification of pouch-type LIBs' safety. Since development of EVs is in progress not only in China but also in Europe and the demand for pouch-type LIBs has been increasing, this time the Showa Denko Group has developed a new type of SPALFTM for large-sized LIBs and decided to install equipment to mass-produce the new product.

The Showa Denko Group's Vision is to make itself a "KOSEIHA Company" (a group of KOSEIHA Businesses that can maintain profitability and stability at high levels over a long period). The global demand for LIBs (in electrical capacitance) is expected to increase 30% a year until 2025*. The Showa Denko Group produces and sells various LIB materials with distinguishing advantages, such as SPALFTM, VGCFTM additives for anode/cathode materials, and POLYSOLTM aqueous binding resin. By increasing sales of these LIB materials, the Group will aim to contribute to the growth of LIB market and improvement in functions of LIBs, and make the Group's LIB materials business grow to be established as a KOSEIHA Business in the field of advanced battery materials.

*SDK's estimate

Media contact:
Public Relations Office (Phone: 81-3-5470-3235)

Disclaimer

Showa Denko KK published this content on 18 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2020 09:21:10 UTC


share with twitter share with LinkedIn share with facebook
All news about SHOWA DENKO K.K.
10/23Hitachi mulls selling half of its stake in machinery subsidiary
AQ
10/16SHOWA DENKO K K : Markets PNVA(TM) 'GE191 Series' for Use as Binder to Form Heat..
AQ
09/29Hitachi plans to sell Hitachi Metals in a deal worth over $6 bln - sources
RE
09/24SHOWA DENKO K K : Announces Merger between Consolidated Subsidiaries and Change ..
AQ
09/24Widening Applications to Push the Global Carbon Nanotubes Market to Gain $18...
AQ
09/11SHOWA DENKO K K : Corporate governance report
PU
09/09SHOWA DENKO K K : Joins 'The Valuable 500'
AQ
09/08SHOWA DENKO K K : Joins 'The Valuable 500'
AQ
09/01SHOWA DENKO K K : SDK - Showa Denko Got a License to Process Industrial Waste, A..
AQ
08/31SHOWA DENKO K K : Obtains License to Process Industrial Waste, Aiming to Promote..
AQ
More news
Financials
Sales 2020 972 B 9 272 M 9 272 M
Net income 2020 -90 451 M -862 M -862 M
Net Debt 2020 864 B 8 234 M 8 234 M
P/E ratio 2020 -3,11x
Yield 2020 1,41%
Capitalization 281 B 2 683 M 2 683 M
EV / Sales 2020 1,18x
EV / Sales 2021 0,81x
Nbr of Employees 33 805
Free-Float 94,6%
Chart SHOWA DENKO K.K.
Duration : Period :
Showa Denko K.K. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SHOWA DENKO K.K.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 2 672,86 JPY
Last Close Price 1 929,00 JPY
Spread / Highest target 113%
Spread / Average Target 38,6%
Spread / Lowest Target 1,09%
EPS Revisions
Managers
NameTitle
Kohei Morikawa President, CEO & Representative Director
Hideo Ichikawa Chairman
Motohiro Takeuchi CFO, Representative Director & Head-Accounting
Hiroshi Sakai Director & Chief Technology Officer
Masaharu Oshima Independent Outside Director
Sector and Competitors
1st jan.Capitalization (M$)
SHOWA DENKO K.K.-33.46%2 669
SAUDI BASIC INDUSTRIES CORPORATION-1.38%74 558
AIR LIQUIDE5.67%74 450
WANHUA CHEMICAL GROUP CO., LTD.36.19%36 953
LYONDELLBASELL INDUSTRIES N.V.-18.61%25 672
HENGLI PETROCHEMICAL CO.,LTD.21.89%20 569