Kanto Denka Kogyo

Basic Information

Stock Code
4047
Industry
Chemicals
Category Detail
Manufacturing Machinery & Electrical Equipment
Prefecture
Tokyo
Establishment Year
September 1938
Listing Year
October 1961
Official Website
https://www.kantodenka.co.jp/
TSE Information
TSE Information
Yahoo! Finance
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Other Companies
Nippon Kodoshi Corporation, Central Glass, TANAKA Chemical Corporation, Powdertech, Mitsui Mining & Smelting, Nitto Koki, Double Scope, GS Yuasa Corporation, Leader Electronics, Furukawa Battery, FDK

Overview

Kanto Denka Kogyo is a mid-sized chemical company founded in 1938, with specialty gases and chemicals as its main products, and is a competitive manufacturer belonging to the Furukawa Group.

Current Situation

Kanto Denka Kogyo recorded consolidated sales of 55.2 billion yen and net assets of 44.1 billion yen in the fiscal year ended March 2019, maintaining a stable management base. It demonstrates high technological capabilities in its core specialty gas and battery materials businesses, establishing a solid position in both domestic and international markets. As a member of the Furukawa Group, it focuses on research and development, promoting the development of environmentally friendly products and energy-saving technologies. It has built an efficient production system with multiple factories in Shibukawa and Mizushima, as well as a comprehensive development center, thoroughly managing quality and delivery times. It is also actively advancing into new fields such as EV battery recycling to strengthen sustainability. Moving forward, it aims for growth through technological innovation in high-performance materials and expansion of overseas operations. It also promotes talent development and regional collaboration activities, conducting management that considers social responsibility. Within the industry, its specialized chemical product technology is a strength compared to competitors, and it focuses on strengthening its product lineup to meet increasing demand for materials.

Trivia

Interesting Facts

  • Established in 1938, it is a long-established chemical manufacturer.
  • Strong technological collaboration as a member of the Furukawa Group.
  • Major specialty gas producer with strengths in semiconductor material supply.
  • Early launch of EV battery recycling business.
  • Multiple production sites in Shibukawa and Mizushima.
  • Diversified management through in-house production of wide-ranging chemicals.
  • Operates numerous affiliates domestically and internationally.
  • Regularly holds specialized technical training for employees.
  • Actively introduces environmentally considerate production lines.
  • Expanding market share in electrolytic base materials.
  • Started with capital of 4 million yen at founding.
  • Selected as a constituent of the Nikkei JPX 400 Index.
  • Listed on the Tokyo Stock Exchange Prime Market.
  • Major shareholders include Japan Trustee Services Bank and Asahi Life.
  • Has its own 'Kanden Series' brand.

Hidden Connections

  • Close collaboration with same-group companies such as Furukawa Electric and Nippon Zeon.
  • Broad relationships with the automotive industry through supply of EV battery materials.
  • Specialty gas products are key suppliers to the semiconductor industry.
  • Recycling business involves joint projects with environmental policy promotion companies.
  • Shibukawa factory houses a comprehensive development center as an R&D hub.
  • Asahi Life Insurance supports stable management as a major shareholder.
  • Competitive and collaborative relationships with Powdertech and Leader Electronics.
  • Member of multiple industry associations in various chemical markets domestically and internationally.

Future Outlook

Growth Drivers

  • Increasing demand for high-performance battery materials due to EV market expansion
  • Expansion of specialty gas demand from semiconductor industry growth
  • Expansion of recycling business due to rising environmental awareness
  • Efficiency improvement and productivity enhancement of global manufacturing sites
  • Preempting market needs through new chemical development
  • Expansion of product lines to comply with stricter environmental regulations
  • Innovation in production and quality control using digital technology
  • Business strengthening through synergy within Furukawa Group
  • Active promotion of overseas markets, especially in Asia
  • Cost reduction through introduction of energy-saving technology
  • Strengthening long-term partnerships with customers
  • Enhancing corporate competitiveness through talent development and work-style reforms

Strategic Goals

  • Expand EV-related materials sales ratio to over 40%
  • Achieve 50% of sales from sustainable products
  • Aim for 30% reduction in CO2 emissions
  • Complete integrated optimization of domestic and international production sites
  • Increase R&D expenses and launch 5 or more new products annually
  • Double supply volume of recycling materials
  • Improve overseas sales ratio to 35%
  • Reduce manufacturing costs by 10% through digitalization and business efficiency
  • New business development leveraging group synergy
  • Build workplace environment promoting diversity and inclusion

Business Segments

Specialty Gas Business

Overview
Provides high-precision, high-purity specialty gas products to support industrial foundations.
Competitiveness
Furukawa Group's technological strength and stable supply system
Customers
  • Semiconductor manufacturers
  • Electronic component manufacturers
  • Chemical plants
  • Industrial gas sales companies
  • Research institutions
  • Manufacturing equipment suppliers
  • Automotive parts manufacturers
  • Pharmaceutical manufacturers
  • Renewable energy companies
  • Recycling companies
Products
  • High-purity chlorine gas
  • Fluorine-based gases
  • Rare gases (argon, helium, etc.)
  • Specialty gases for electronic materials
  • Gases for electrolysis
  • Environmentally friendly gases
  • Gases for lithium-ion batteries

Basic and Precision Chemicals Business

Overview
Manufactures basic chemicals and high-function precision chemicals for a wide range of industrial uses.
Competitiveness
High-quality product lineup backed by years of know-how
Customers
  • Chemical manufacturers
  • Pharmaceutical companies
  • Agrochemical manufacturers
  • Electronic materials manufacturers
  • Paint and coating manufacturers
  • Automotive parts companies
  • Food additive manufacturers
  • Environmental companies
  • Industrial chemical trading companies
Products
  • Caustic soda
  • Liquid ammonia
  • Sulfuric acid and various acids
  • Rust inhibitors
  • Plating chemicals
  • Flame retardants
  • Various organic solvents
  • Functional additives

Battery Materials Business

Overview
Focuses on development and supply of high-performance battery materials for the EV market.
Competitiveness
Precision materials technology and recycling collaboration system
Customers
  • Battery manufacturers
  • Automotive manufacturers
  • Electronic device manufacturers
  • Renewable energy companies
  • Recycling companies
  • R&D institutions
Products
  • Lithium-ion battery cathode materials
  • Nickel-metal hydride battery materials
  • High-performance automotive battery materials
  • Battery recycling materials
  • Electrolytic base materials

Iron-Based Products Business

Overview
Supplies high-quality iron and steel products to diverse industries.
Competitiveness
Efficiency and stability of production system
Customers
  • Building materials manufacturers
  • Automotive parts manufacturers
  • Industrial machinery manufacturers
  • Logistics and transportation companies
  • Metal processing companies
Products
  • Steel plates
  • Iron powder
  • Steel components
  • Special steel products

Organic Solvents and Chemicals Business

Overview
Provides organic chemicals and solvents for diverse industrial uses.
Competitiveness
Product quality control and environmental load reduction technology
Customers
  • Chemical plants
  • Pharmaceutical companies
  • Agriculture-related businesses
  • Paint manufacturers
  • Electronic parts companies
Products
  • High-purity benzene
  • Flame retardants
  • Rust inhibitors
  • Petroleum-based cleaners
  • General organic solvents

Recycling and Environmental Materials Business

Overview
Contributes to society through EV battery recycling and environmental material development.
Competitiveness
Synergy with Furukawa Group and technological strength
Customers
  • Environmental conservation companies
  • Waste treatment companies
  • EV recycling companies
  • Government agencies
  • Research institutions
Products
  • Rare metal recycling materials
  • Recycled chemical materials
  • Low environmental impact materials

Electronic Materials-Related Business

Overview
Provides high-function materials for cutting-edge electronics industries.
Competitiveness
Technology-intensive product development capabilities
Customers
  • Semiconductor equipment manufacturers
  • Electronic parts companies
  • Information and communication device manufacturers
  • Research institutions
Products
  • Specialty gases for semiconductors
  • Chemicals for electronic materials
  • Display materials

Construction Materials Business

Overview
Supplies reliable materials for construction and industry.
Competitiveness
High-quality management and customer response capabilities
Customers
  • Construction companies
  • Industrial equipment manufacturers
  • Logistics companies
Products
  • Steel processed products
  • Rust-resistant materials

R&D Contract Business

Overview
Provides support for research and development in advanced technology fields.
Competitiveness
Specialized technology of the comprehensive development center
Customers
  • Chemical manufacturers
  • Universities and research institutions
  • Pharmaceutical companies
  • Materials development companies
Products
  • Chemical material development
  • Specialty gas analysis
  • Material evaluation services

Transportation and Logistics Business

Overview
Provides safe and prompt logistics services.
Competitiveness
Group-wide logistics network
Customers
  • Group companies
  • Trading companies
  • Manufacturing companies
Products
  • Chemical transportation
  • Specialty gas delivery

Competitive Advantage

Strengths

  • Stable supply capability of high-purity specialty gases
  • Stable management base from Furukawa Group
  • Diverse chemical development and manufacturing technologies
  • Efficient production system with multiple sites
  • High-specialty battery materials technology
  • Well-equipped R&D center
  • Long-standing industry trust and customer base
  • Solid financial position
  • Active promotion of sustainability
  • Diversified business operations

Competitive Advantages

  • Product development strength through technology collaboration within Furukawa Group
  • High-purity and stable supply response in specialty gas business
  • Advanced initiatives in EV battery recycling
  • Production network of Shibukawa and Mizushima factories
  • Wide-ranging chemical product lineup
  • Customization to meet customer needs
  • Specialized technology in high-function materials
  • Enhanced response to growing battery materials market
  • Market differentiation through environmentally friendly product development
  • Precise quality control and service provision

Threats

  • Risk of raw material price fluctuations
  • Acceleration of new technology development by competitors
  • Cost increases due to stricter environmental regulations
  • Risk of global supply chain disruptions
  • Intense competition in EV battery market
  • Profit instability due to exchange rate fluctuations
  • Risk of sales decline due to market demand changes
  • Risk of productivity decline due to labor shortages
  • Obsolescence of existing products due to technological innovation
  • Impact of overseas regulations and trade friction

Innovations

2024: Launch of EV Battery Recycling Business

Overview
Commercialization of battery recycling technology aimed at preventing overseas outflow of rare metals.
Impact
Contributes to reducing environmental impact and resource circulation

2023: Introduction of New High-Purity Fluorine Gas Product

Overview
New development and market rollout of high-performance fluorine gas for the semiconductor industry.
Impact
Strengthens product competitiveness and increases sales

2022: Development of Improved Lithium-Ion Battery Material Technology

Overview
Established improved cathode material technology to enhance automotive battery performance.
Impact
Improves battery life and safety

2021: Energy-Saving Upgrades to Precision Chemical Manufacturing Equipment

Overview
Introduced energy-saving equipment in manufacturing processes to reduce greenhouse gas emissions.
Impact
Reduces environmental impact and costs

2020: Development of New Specialty Gas Blending Technology

Overview
Developed blending technology for composite specialty gases, succeeding in product diversification.
Impact
Acquires new customers and expands market

Sustainability

  • Promoting resource circulation through EV battery recycling
  • Equipment investment in low-carbon manufacturing technology
  • Chemical improvements for reducing environmental impact
  • Strengthening safety and health activities and employee education
  • Promoting community-based CSR activities
  • Setting and achieving energy-saving and emission reduction targets
  • Conducting environmental audits of supply chain
  • Reducing waste and improving recycling rate
  • Strengthening compliance with environmental regulations
  • Regular publication of environmental reports
  • Promoting green procurement
  • Efficient use of water resources