Introductory Guide to the New Resonac

Resolving Social Challenges through Co-creation

Technological advances have materially enriched people's lives, but they are also driving today's global environmental crises. Resolving this contradiction is a critical challenge for all future societies.

Yet, while it is impossible for a single company to resolve this dilemma, chemical manufacturers as the starting point of all industries can overcome this challenge by co-creating with various stakeholders, rather than focusing solely on their own business activities.

The new company name "Resonac" was created by combining the word "resonate" with the first initial of "chemistry." As the name suggests, Resonac strives to change society as a "co-creative chemical company."

Purpose

Inauguration Briefing on the New Company 'Resonac' (approx. 32 min.)

R&D hubs for co-creation

Stage for Co-creation

The Stage for Co-creation brings together organizations sharing Resonac's strengths in computational science, material analysis, mass production technology and facility management, and chemical safety management and evaluation. Resonac also collaborates and co-creates with venture firms, universities, and other entities to promote long-term research and development themes.

Packaging Solution Center

The Packaging Solution Center introduces comparable equipment used by semiconductor manufacturers to facilitate the evaluation of materials in the entire semiconductor package manufacturing process. Resonac is committed to addressing the various challenges involving next-generation semiconductor manufacturing while interacting with other companies and universities.

Developing next-generation semiconductors through cross-industry collaboration

Resonac established the JOINT2 consortium comprised of 12 semiconductor device, material, and substrate manufacturers* to promote technological development by sharing technologies and information with the aim of realizing high-density packaging for next-generation semiconductors. JOINT2 combines the participating companies' materials and technologies to provide optimal one-stop solutions for customers.

  • * Ajinomoto Fine-Techno Co., Inc., C. Uyemura & Co., Ltd., Ebara Corporation, Shinko Electric Industries Co., Ltd., Dai Nippon Printing Co., Ltd., DISCO Inc., TOKYO OHKA KOGYO CO., LTD., NAMICS Corporation, Panasonic Connect Co., Ltd., MEC Co., Ltd., Yamaha Robotics Holdings Co., Ltd., and ORC MANUFACTURING CO., LTD. (as of July 2023)
JOINT2

Three Keys for Resolving Social Challenges

1. Developing co-creative human resources to cultivate an organizational culture

Innovation requires human resources actively connecting with people, both internally and externally, to bring about creative changes while providing solutions to challenges through co-creation. Resonac has established four types of common values for people with different backgrounds to share their views and promote mutual understanding, and takes various steps to nurture a co-creative environment based on these shared values.

Values

 

"AHA!" – a place to find and share inspirations

Teams are formed within the Resonac Group to tackle challenges and achieve goals. They present and discuss their experiences gained from Resonac's values, with the aim of generating co-creation through their inspirations.

AHA! global meeting

The "Moyamoya Meeting" – an opportunity to consider Resonac's values

Resonac's CEO and chief human resource officer (CHRO) visit each workplace to hold "moyamoya" meetings where young employees express their frustrations or uncertainties ("moyamoya" in Japanese). The participants discuss how to overcome these challenges through Resonac's values and co-creation, thereby cultivating an organizational culture.

AHA! global meeting
Detailed information on Resonac's initiatives for developing co-creative human resources to cultivate an organizational culture

2. Creating products required of the times

Resolving social challenges requires the capability to develop products that respond to the needs of the times, just as the cultivation of co-creative human resources facilitates product development with co-creation promoted across different business sectors. Resonac strives to create high-performance products able to meet future demands by generating technological synergies between former Showa Denko's "Chemistry to Synthesize" and former Hitachi Chemical's "Chemistry to Formulate," namely, by combining Showa Denko's superior raw materials technologies with Hitachi Chemical's large market share in finished products for semiconductor manufacturers.

Examples of technological synergies

Development of copper-clad laminates for PWBs

Development of copper-clad laminates for PWBs

Development of CMP slurries

Development of CMP slurries

3. Becoming a profitable company

Essential to resolving social challenges is innovation, and to invest in innovation a company must deliver strong sales and revenue performances. Resonac positions semiconductor and electronic materials as a core growth business driving future growth, with its strategy aimed at boosting the sales composition ratio of these materials.

In creating products required of the times through various co-creation activities, Resonac has transitioned from a traditional general chemical manufacturer focused on petrochemicals to a "functional chemical manufacturer" pursuing high value-added products with superior properties and functions.

  1. *1 A rough estimate based on internal management figures and taking into account the impact of the sale of a business, etc.
  2. *2 The above forecast is based on the information currently available and does not consider the impact of short-term market fluctuations. Actual results may differ materially from the forecast due to a variety of risk factors and uncertainties in the future. (Source: Our Policy toward Realization of a “Co-Creative Chemical Company,” material for presentation on February 14, 2022)
(according to financial esults report at 2/14,2022 "Our Policy toward Realization of “Co-Creative Chemical Company”")
Medium- to long-term sales forecast for semiconductor and electronic materials segment

Medium- to long-term sales forecast for semiconductor and electronic materials segment*2

Resonac's Ideal State for 2030

A global top-class functional chemical manufacturer must meet the expectations of its stakeholders in both financial and non-financial terms while demonstrating its unique qualities. Resonac positions sustainability as the core of its company-wide strategy, establishes measures and non-financial targets linked to its ideal state and key sustainability challenges (materiality), and promotes various initiatives to achieve its long-term vision.

long-term vision

 

Resonac – a Chemical Company with Global Operations

Resonac aims to become a globally competitive company with its businesses operating in Japan and around the world.

Net Salse
Overseas sales ratio55%
Oprating income & Ratio of operating income/loss
Number of employee
Percentage of overseas employees 50.8%
Number of companies by region

Resonac's Wide-Ranging Product Portfolio

Resonac operates businesses across a wide range of fields with a focus on semiconductor and electronic materials; numerous products in its semiconductor and electronic materials segment have captured the world's No. 1 market share. Resonac's long-term growth strategy centers on this field.

Segment net sales

 

Examples of Resonac's world-leading products in the semiconductor and electronic materials segment

CMP slurry(Seria slurry)

 

Film under fill

 

Copper clad laminate(for FC-BGA)

 

Photesensitive dry film

 

*As of July 2023 based on Resonac's own research.

Resonac's business strategies for each segment: RESONAC REPORT 2023: "Business Strategies"

Resonac's Technology Portfolio Creating the World's No. 1 Products

Resonac offers such technologies as "Chemistry to Think," "Chemistry to Synthesize," and "Chemistry to Formulate" to support its wide-ranging product portfolio. Resonac will generate new functions and values by combining these technologies to provide world-leading products.

Technology map