Union Showa K.K

Union Showa K.K Overview

Company Headquarters: Tokyo, Japan

Founded: 1970

Workforce: ~ 26,054

Company Working: Union Showa K.K. is a global functional chemicals manufacturer and sells its products and services across the globe. In January 2023, Showa Denko K.K. and Showa Denko Materials Co., Ltd., integrated to form a new company “Resonac”. This integration is a big step forward to becoming a top-level functional chemicals manufacturer worldwide. The company operates in seven business segments: petrochemicals, materials, electronics, chemicals, inorganics, aluminum, and others. It has a strong domestic presence followed by China and other parts of the Asia-Pacific region. Also, the company operates in Europe, America, the Middle East, and Africa region.

Strategy

Union Showa K.K.'s working towards a long-term vision to achieve the set target to make the net sales by ¥200 billion in terms of business value. Also, the company is working to optimize management resources and restructure its business portfolio to spur innovation and growth through technology integration technologies of Showa Denko and Showa Denko Materials. Also, the company is raising funds for core business growth such as petrochemicals and carbon, by earning stable profits through stable earnings businesses. The company strives to provide goods that fulfill unmet requirements, ensure environmental responsibility through processes and products, and offer a comprehensive range of goods. Also, the company has made long-term efforts with advanced technology to realize the sustainable well-being of people, society, and the planet.

Company Snapshot

$8,312.6M

Revenue

26,054

Employees

1970

Founded

Tokyo, Japan

Headquarters

SWOT Analysis

Strengths

Strong domestic presence
Wide distribution channel

Weaknesses

Lower presence in few of the emerging markets

Opportunities

Strong R&D facility for product development

Threats

Stringent government regulations
Fluctuation in raw material price

Product Offering

Union Showa K.K
- Zeolites

Financial Performance

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