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Showa Denko (SDK) Announces Changes in Corporate Management

Showa Denko (SDK) Announces Changes in Corporate Management 
Tokyo, Dec 3, 2013 - (JCN Newswire) -  Showa Denko (SDK) (TOKYO:4004) decided
at its board meeting today on changes in corporate management. 
Shinji Sakai, currently President of Shoko Co., Ltd., will be elected
Representative Director, Executive Vice President, and Corporate Officer of SDK
at the next shareholders' meeting in late March 2014 as well as the board
meeting subsequent to the shareholders' meeting. He will supervise the
Ceramics and Carbons divisions and the Corporate Strategy Department. Through
this appointment, SDK aims to further strengthen its management supervision.
His biographical information is attached at the end of this news release.
Mitsuo Ohashi will resign as Senior Advisor and become Senior Counselor in late
March 2014. 
Yoshikazu Sakai will resign as Chief Financial Officer, and Corporate Officer
in charge of Finance & Accounting and Information Systems departments, on
January 5, and become Assistant to President on January 6. He will resign as
Director at the shareholders' meeting in March and become Standing
Statutory Auditor of Shoko Co., Ltd. Hirokazu Iwasaki will resign as Corporate
Officer in charge of complex and plants (Oita Complex and Kawasaki,
Higashinagahara, Tokuyama, Isesaki, Tatsuno, Yokohama, Shiojiri, Chichibu,
Omachi, Oyama and Kitakata plants), on January 5, and become Assistant to
President on January 6. He will resign as Director at the shareholders'
meeting in March and become Counselor of
SDK. 
Saburo Muto (Corporate Officer, General Manager, Finance & Accounting
Department) will be appointed Chief Financial Officer on January 6, and take
charge of Finance & Accounting and Information Systems departments. He will
be elected Director at the shareholders' meeting in March. 
Takashi Miyazaki will resign as Managing Corporate Officer and General Manager
of Petrochemicals Division and Olefins Department on January 5, and become
Special Counselor of Shoko Co., Ltd., on January 6. He will be elected
President of Shoko Co., Ltd., in March. Shunichi Shiraishi will also resign as
Managing Corporate Officer in charge of Aluminum Rolled Products, Aluminum
Specialty Components, and Aluminum Can divisions on January 5. He will be
appointed Standing Statutory Auditor of Showa Aluminum Can Corporation in
March. 
Two new corporate officers will be appointed on January 6. They are Junichi
Inaizumi (General Manager, Aluminum Specialty Components Division) and Yoichi
Takeuchi (General Manager, Production Technology Department). Takeuchi will
become Oita Complex Representative effective January 6. 
Kazumi Naito (Corporate Fellow, General Manager, Naito Research Laboratory,
Institute for Advanced and Core Technology, Business Development Center) will
be promoted to Senior Corporate Fellow on January 6. 
Hideo Yashima will resign as Corporate Fellow (Legal & Intellectual
Property Department) on January 5 and become Counselor of Legal &
Intellectual Property Department on January 6. Mitsunori Nakano will resign as
Corporate Fellow and General Manager, Functional Chemicals Division, on January
5 and become Counselor of Functional Chemicals Division on January 6. Yoshihiko
Matsumoto will also resign as Corporate Fellow (General Affairs & Human
Resources Department / Japan Chemical Industry Association) on January 5 and
work for Japan Chemical Industry Association as from January 6. Norihide Mukasa
will resign as Corporate Fellow, General Manager of Industrial Gases Division,
and President of Showa Denko Gas Products Co., Ltd., on January 5 and become
Special Counselor of Showa Denko Gas Products Co., Ltd., on January 6.
Meanwhile, Koichi Nishimura (General Manager, Basic Chemicals Division) will be
appointed Corporate Fellow on January 6, and serve as General Manager of
Industrial Gases Division, and President of Showa Denko Gas Products Co., Ltd. 
As of late March next year, the Board of Directors will consist of Kyohei
Takahashi (Representative Director; Chairman of the Board), Hideo Ichikawa
(Representative Director; President and CEO); Shinji Sakai (Representative
Director; Executive Vice President); Akira Koinuma, Shunji Fukuda, Masaru
Amano, and Saburo Muto (Directors); as well as Tomofumi Akiyama and Akiyoshi
Morita (Outside Directors). In addition, Ichiro Nomura and Akira Sakamoto will
serve as Standing Statutory Auditors, and Hiroyuki Tezuka, Yukio Obara, and
Kiyomi Saito as Outside Auditors. 
Furthermore, there will be the following changes in responsibilities of
corporate officers effective January 6: 
Yoshiharu Mizuno will take charge of complex and plants (Oita Complex, and
Kawasaki, Higashinagahara, Tokuyama, Isesaki, Tatsuno, Yokohama, Shiojiri,
Chichibu, Omachi, Oyama, and Kitakata plants) in addition to Ceramics and
Carbons divisions. Kanji Takasaki (Assistant to President in charge of special
assignment matters) will supervise Aluminum Rolled Products, Aluminum Specialty
Components, and Aluminum Can divisions. Tatsuharu Arai (Oita Complex
Representative) will serve as General Manager of Petrochemicals Division and
Olefins Department. 
Meanwhile, Corporate Fellow Hiroshi Uchida (General Manager, Uchida Research
Laboratory, Institute for Polymers and Chemicals, Business Development Center)
will move to Institute for Advanced and Core Technology, Business Development
Center, on January 6, while continuing to serve as General Manager, Uchida
Research Laboratory. 
About Showa Denko 
Showa Denko K.K. ('SDK'; TSE: 4004, US: SHWDF) is a major
manufacturer and marketer of chemical products serving a wide range of fields
ranging from heavy industry to the electronic and computer industries. SDK
makes petrochemicals (ethylene, propylene), aluminum products (ingots, rods),
electronic equipment (hard disks for computers) and inorganic materials
(ceramics, carbons). The company has overseas operations and a joint venture
with Netherlands-based Montell and Nippon Petrochemicals to make and market
polypropylenes. In March 2001, SDK merged with Showa Denko Aluminum Corporation
to strengthen the high-value-added fabricated aluminum products operations, and
is today developing next-generation optical communications-use wafers. For more
information, please visit www.sdk.co.jp . 
Contact: 
Showa Denko (SDK)
Public Relations Office
Phone: 81-3-5470-3235 
Copyright 2013 JCN Newswire. All rights reserved. www.japancorp.net 
Provider ID: 00028130
 
 
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