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Showa Denko KK Reports Growth in 2024, Focuses on Semiconductor Materials

Story Highlights
  • Showa Denko KK’s 2024 sales and income increased, led by the Semiconductor segment.
  • The company is reorganizing with a focus on semiconductor growth and spinning off Olefins.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Showa Denko KK Reports Growth in 2024, Focuses on Semiconductor Materials

Confident Investing Starts Here:

An update from Showa Denko KK ( (JP:4004) ) is now available.

Showa Denko KK reported an increase in sales and income for 2024, driven by strong performance in its Semiconductor and Electronic Materials segment. The company has steadily improved its financial indicators over the past three years and is aiming for further growth through active investments in its semiconductor materials business. Additionally, the Olefins and Derivatives segment has been spun off as an independent segment, indicating strategic reorganization efforts.

More about Showa Denko KK

Showa Denko KK operates in the semiconductor and electronic materials industry, focusing on the production of semiconductor materials and olefins and derivatives.

YTD Price Performance: -1.13%

Average Trading Volume: 637

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $4.45B

For detailed information about 4004 stock, go to TipRanks’ Stock Analysis page.

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