Showa Denko K.K. Provides Earnings Guidance for the First Half and Full Fiscal Year 2022
February 13, 2022 at 11:00 pm EST
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Showa Denko K.K. provided earnings guidance for the first half and full fiscal year 2022. For the first half, Company expects Net sales to be JPY 640,000 million. Operating Income to be JPY 29,000 million. Net income attributable to owners of the parent is expected to be JPY 6,000 million. Basic net income attributable to owners of the parent per share is expected to be JPY 33.14.
For the full year ending December 31, 2022, the company expects Net sales to be JPY 1,350,000 million. Operating income to be JPY 84,000 million. Net income attributable to owners of the parent is expected to be JPY 27,000 million. Basic net income attributable to owners of the parent per share is expected to be JPY 149.11.
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 
