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Monday, 1 April 2019, 11:00 HKT/SGT
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Source: Showa Denko K.K.
Outline of Showa Denko CEO Message at Initiation Ceremony

TOKYO, Apr 1, 2019 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) today held a ceremony for newly-hired employees. At the ceremony, Kohei Morikawa, President and CEO, gave a message as summarized below:

Kohei Morikawa, President and CEO

Have high aims and fight against difficulties

2019 marks the 80th anniversary of Showa Denko's foundation. Mr. Nobuteru Mori, the founder of SDK, had a motto of "Dauntlessness and Indomitableness." The essence of this motto is his ambition to continue boldly facing adversities, explore untrodden fields, and contribute to the development of the Company and society. We inherit his ambition as our corporate DNA.

The Showa Denko Group started its new medium-term business plan "The TOP 2021" in this January. The Group changes its course toward long-term business growth, aiming to make itself an aggregate of "KOSEIHA Businesses" (individualized businesses) which can maintain high levels of profitability and stability. To realize long-term business growth, a substantial amount of hardship is anticipated. I am looking for all of you to have high aims and continue boldly facing adversities.

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 below, aiming to enhance the Group's corporate value together.

1. Think
In order to make yourself continue to grow, you must always think about "What society needs" and "How we should be in the future," compare them with "What we can do now," and recognize what you need to fill the gap. Think of the future, and think always about back-casting from the future. Strengthen your sensitivity to the latest information and discernment.

2. Be faithful to your own words
Even if you aim high, it is meaningless if you are short of the goal. Market environment and society change every day, and there may be knotty problems while you are carrying out what you decided to do. However, please keep your passion for achieving targets you set.

3. "Act" to touch the heart and make society better
I believe employees are the only power who can offer value to other stakeholders than themselves. You are the leading players in creation of value. I hope you "Act" to touch the heart, make society better, and move the world.


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


Topic: Press release summary
Source: Showa Denko K.K.

Sectors: Chemicals, Spec.Chem
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