Outline of Showa Denko CEO Message to Newly-hired Employees

Apr 1, 2020 – Today, Kohei Morikawa, President and CEO of Showa Denko K.K. (“Showa Denko”; TSE: 4004) sent a message to the company’s newly-hired employees as summarized below:

Let us become the top functional chemical manufacturer in the world

In our ongoing medium-term business plan “The TOP 2021,” we declared that the Showa Denko Group would change its course toward growth, and embark on the road to a first-class chemical manufacturer.

In addition, at the end of 2019, we decided to advance to the next stage with Hitachi Chemical as a partner. We clearly set the goal at becoming the top functional chemical manufacturer in the world, and will survive this age of uncertainty with the “grit” which was the motto of Mr. Nobuteru Mori, the founder of Showa Denko. Each employee of the Showa Denko Group will seriously aim to achieve this goal, and keep moving forward. Let’s keep fighting together.

Three actions I hope you to take as the leading players in creation of value

The Group’s mission is “to satisfy all stakeholders.” To achieve this mission, the Group must demonstrate that it has sound present and promising future. I request you to take three actions as in blow, in order to be the support and driving force of future and enhance the Group’s corporate value together.

1. Think
So as to make yourself and the company grow, you must always think “What can we do now?” “What does society need?” “How should we be in the future to fulfill social needs?” and “What are insufficient for us to fulfill social needs?” This is a viewpoint called back-casting. You must always be conscious of back-casting. Therefore, you must have a wide field of vison, continue to get the latest information, and do your best to keep good reception.

2. Be faithful to our own words
You must put your targets into your own words and achieve them. Please steel yourself to accomplish your job with a sense of responsibility, even though it is hard.

3. “Act” to touch the heart and make society better
We in Showa Denko think employees are the most important stakeholders, because employees are the leading players in creation of value and the only being that can provide other stakeholders with value. You are the leading players in creation of value. I hope you “Act” to touch the heart, make society better, and move the world.

About Showa Denko K.K.

Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. 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, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/ 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/.

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