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Showa Denko announces business plan

4:13 AM MST | December 13, 2013 | Deepti Ramesh

Showa Denko has unveiled its medium-term management plan for the two-year period ending 31 December 2015. This is the second phase of the business plan launched in 2011. The company aims to record sales of ¥950 billion ($9.17 billion), operating profits of ¥50 billion, and net profits of ¥25 billion in the fiscal year ending 31 December 2015. Showa Denko expects to report sales of ¥850 billion, operating profits of ¥26 billion and net profits of ¥10 billion in the fiscal year ending 31 December 2013. The company intends to invest about...

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