About a Media Report Concerning Showa Denko Materials

July 08, 2021

Showa Denko Materials Co., Ltd.

Nihon Keizai Shimbun reported today with respect to selling off the lead-acid battery business of Showa Denko Materials Co., Ltd. (hereinafter “Showa Denko Materials”). Showa Denko Materials has made no announcement in this regards.

Showa Denko Materials has been investigating various measures to increase its corporate value, including review of its business portfolio and if any formal decision regarding this issue is made, Showa Denko Materials will disclose the fact without delay.

For further information, contact

Public Relations Group, Brand Communication Department