Resonac Holdings

Basic Information

Stock Code: 4004
Industry: Chemicals
Category Detail: Chemicals & Chemical Products
Prefecture: Tokyo
Establishment Year: June 1939
Listing Year: May 1949
Official Website: https://www.sdk.co.jp/
TSE Information: TSE Information
Yahoo! Finance: Yahoo! Finance
Other Companies: Asahi Kasei, Sumitomo Chemical, Tosoh, Shin-Etsu Chemical, Mitsui Chemicals, Mitsubishi Chemical Group, UBE, Fujifilm, TDK

Overview

Resonac Holdings is a major comprehensive chemical manufacturer founded in 1939, operating a wide range of businesses from petrochemicals to electronics and leading the industry with high-value-added materials.

Current Situation

Resonac Holdings recorded consolidated sales of approximately 1.4196 trillion yen and operating profit of approximately 87.2 billion yen in 2021, maintaining a stable business base both domestically and internationally. Its main petrochemical products are mass-produced at the Oita Complex, and it also manufactures chemicals, inorganic materials, and aluminum materials. In the electronics field, it boasts a global market share in hard disk materials. In 2023, it transitioned to a holding company structure, promoting management efficiency and diversification. It is actively advancing R&D to reduce environmental impact and emphasizes ESG management. It is pursuing collaborations and acquisitions with competitors to enhance product technologies and expand markets. Moving forward, it aims to grow as a distinctive chemical company while pursuing specialization.

Trivia

Interesting Facts

Established in 1939 with over 80 years of history as a venerable chemical manufacturer
Formerly Showa Denko; significantly expanded by acquiring Hitachi Chemical
Owns one of Japan's largest Oita Complex, strong in petrochemicals
World-leading share in hard disk materials
Involved in Niigata Minamata disease issue, focusing on environmental measures
Adopted slogan 'Materializing. Shaping Ideas.' in 2011
Transitioned to holding company structure in 2023 and changed name to Resonac
Part of Fuyo Group, collaborating with multiple major companies
Latest headquarters relocated to Tokyo Shiodome Building
Began aluminum smelting in 1934, Japan's first

Hidden Connections

Lineage from former Mori Konzern, deep ties with Ajinomoto in founding era
Strengthened transactions with Murata Manufacturing in electronic materials via Hitachi Chemical acquisition
Strong ties with Mizuho Bank group as Fuyo Group company
Sponsors Oita Trinita, contributing to regional revitalization
Relocation to Tokyo Shiodome Building contributed to corporate image refresh
Leveraging past pollution experience to focus on environmentally considerate product development
Hard disk business history closely linked with Fujitsu and other major electronics firms
Founder Mori Atsuchika led company growth with strong engineering spirit and management skills

Future Outlook

Growth Drivers

Expanding demand for high-value-added electronics materials
Growth in environmentally friendly products and recycling materials markets
Increased demand for mobility materials due to vehicle electrification
Active business integrations and technological innovations domestically and internationally
Strengthening stable supply systems in global markets

Strategic Goals

Optimization of business portfolio and profit margin improvement
Promotion of environmental impact reduction and sustainable materials development
Maintaining world-leading share in electronic materials
Enhancing presence in overseas markets and launching new products
Maximizing management efficiency under holding company structure
Coexistence with local communities and sustained social contributions

Business Segments

Petrochemical Products Sales

Overview

Provides a wide range from basic petrochemical raw materials to derivatives, supporting manufacturing industries.

Competitiveness

Stable mass production system at Oita Complex

Customers

Chemical Manufacturers
Plastic Manufacturers
Auto Parts Manufacturers
Home Appliance Manufacturers

Products

Ethylene
Propylene
Acetic Acid
Allyl Alcohol

Chemicals and Functional Products

Overview

Product lineup supporting cutting-edge technology fields with high-performance chemicals.

Competitiveness

Advanced purification technology and stable supply capabilities

Customers

Medical Equipment Manufacturers
Semiconductor Manufacturers
Industrial Chemical Traders
Electronic Component Manufacturers

Products

Medical Gases
High-Purity Electronic Materials
Flame Retardants
Plating Chemicals

Electronic Materials and Components

Overview

Provides high-value-added materials for advanced digital devices.

Competitiveness

Industry-leading high-density recording technology

Customers

Hard Disk Manufacturers
Semiconductor Manufacturers
Electronic Device Manufacturers

Products

Perpendicular Magnetic Recording Disk Substrates
Photoresists
Compound Semiconductors

Aluminum Products Sales

Overview

Meets needs across industries with diverse aluminum products.

Competitiveness

Integrated production system and advanced processing technology within the group

Customers

Building Materials Manufacturers
Packaging Materials Manufacturers
Auto Parts Manufacturers

Products

Aluminum Sheets
Aluminum Foil
Die-Cast Parts

Mobility Parts

Overview

Supplies functional materials and parts for next-generation vehicles.

Competitiveness

High technological capabilities and materials development expertise

Customers

Automakers
Secondary Battery Manufacturers
EV Manufacturers

Products

Onboard Battery Materials
High-Performance Brake Parts
Carbon Fiber-Reinforced Materials

Recycling and Environmental Materials

Overview

Develops environmentally considerate products and provides sustainable materials.

Competitiveness

Advanced sustainable materials technology

Customers

Environmental Industries
Plastic Manufacturers
Recycled Resource Buyers

Products

Recycled Plastic Pellets
Eco Carbon Materials

Industrial Gases

Overview

Stably supplies high-quality gases for diverse applications.

Competitiveness

Rapid supply network nationwide

Customers

General Manufacturing
Medical Institutions
Chemical Plants

Products

Industrial Oxygen
High-Purity Nitrogen
Medical Gases

Functional Polymer Materials

Overview

Offers high-performance polymer materials for advanced electronic devices.

Competitiveness

Proprietary high-performance resin technology

Customers

Electronic Component Manufacturers
Chemical Product Manufacturers

Products

High-Functional Resins for Electronic Materials
Semiconductor Encapsulants

Ceramics Products

Overview

Contributes to product durability with high-performance ceramic materials.

Competitiveness

Integrated system from materials to processing

Customers

Electronic Component Manufacturers
Industrial Machinery Manufacturers

Products

Fine Ceramic Parts
Heat-Resistant Materials

Packaging Materials

Overview

Enhances product value with safe, high-function packaging materials.

Competitiveness

High technological capabilities and quality control

Customers

Food Industry
Industrial Product Manufacturers

Products

Food Wrap Films
Industrial Packaging Materials

Medical and Health-Related Materials

Overview

Provides high-quality materials for the medical field.

Competitiveness

Strict quality control system

Customers

Medical Equipment Manufacturers
Pharmaceutical Companies

Products

Medical Gases
High-Purity Chemicals

Electronic Device Manufacturing Support

Overview

Supplies high-performance materials essential for electronic device manufacturing.

Competitiveness

Years of know-how and technological accumulation

Customers

Semiconductor Equipment Manufacturers
Electronic Device Manufacturers

Products

Photoresists
Polymer Materials

Competitive Advantage

Strengths

Stable supply capacity from large-scale production complexes
High technological capabilities in electronics
Diversified business as a comprehensive chemical manufacturer
Brand value from long history and reliability
Efficient management through active business restructuring

Competitive Advantages

World-leading hard disk materials technology
Proprietary high-purity electronic materials manufacturing technology
Stable supply of petrochemical products based on Oita Complex
Improved group-wide management efficiency under holding company structure
Early response to environmental technology and sustainability

Threats

Risk of price fluctuations in global chemical markets
Increased business burden from stricter environmental regulations
Intense price competition with global rivals
Need to keep pace with rapid technological innovations
Rising manufacturing costs due to raw material price surges

Innovations

2023: Transition to Holding Company Structure and Management Efficiency

Overview: Transitioned to holding company in 2023, optimizing group-wide management resources.
Impact: Improved management efficiency and expanded business synergies

2022: Further Advancement of High-Density Recording Technology

Overview: Innovated magnetic recording technology for hard disks to maintain industry leadership.
Impact: Expanded global share and strengthened revenue base

2021: Development of Environmentally Friendly Recycling Materials

Overview: Developed manufacturing technology for plastic recycling materials to promote material circulation.
Impact: Reduced environmental impact and opened new markets

2024: Next-Generation Electronic Materials Development Project

Overview: Advancing R&D on new materials using compound semiconductors to address cutting-edge fields.
Impact: Future new business creation and enhanced competitiveness

Sustainability

Introduction of emission reduction equipment at Oita Complex
Expansion of recycled resource utilization
Energy-saving and CO2 reduction programs
Promotion of low-environmental-impact product development
Enhanced safety, health management, and community collaboration