Sumitomo Bakelite to Acquire Kyocera Chemical Unit Spinoff to Bolster Semiconductor Materials Business

Sumitomo Bakelite Co., Ltd. ( (JP:4203) ) has shared an update.

Sumitomo Bakelite has resolved to acquire all shares of a new company to be established by Kyocera Corporation that will assume part of Kyocera’s chemical business, including epoxy resin molding compounds for semiconductor encapsulation, bonding pastes for semiconductor devices, and industrial-use resins. The acquisition, which will make the new entity a wholly owned subsidiary, is intended to strengthen Sumitomo Bakelite’s technological capabilities, bolster its presence in the ICT domain, and enhance its position in fast-growing markets such as AI data center applications, while contributing to the execution of its Medium-Term Business Plan 2024–26 and long-term Vision 2030; the transferred business generated ¥23.2 billion in sales revenue in the fiscal year ended March 31, 2025, highlighting the deal’s potential to meaningfully scale the company’s operations.

The most recent analyst rating on (JP:4203) stock is a Buy with a Yen5951.00 price target. To see the full list of analyst forecasts on Sumitomo Bakelite Co., Ltd. stock, see the JP:4203 Stock Forecast page.

More about Sumitomo Bakelite Co., Ltd.

Sumitomo Bakelite Co., Ltd. is a Japanese chemical manufacturer listed on the Prime Market of the Tokyo Stock Exchange, specializing in high-performance resins and related materials. The company focuses on advanced materials for the ICT and electronics sectors, including epoxy resin molding compounds and bonding materials used in semiconductor devices, and is pursuing a medium-term strategy to expand and reshape its business portfolio toward higher value-added products.

Average Trading Volume: 283,098

Technical Sentiment Signal: Buy

Current Market Cap: Yen458.8B

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