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Showa Denko (SDK) Corrects Segment Information in 2015 Consolidated Financial Statements

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TOKYO, Mar 16, 2016 - (JCN Newswire) - Showa Denko ("SDK"; TSE:4004) announces that it has corrected errors in the segment information of its Consolidated Financial Statements for the year ended December 31, 2015.1. Contents of correctionWe found errors in numbers indicating assets of Aluminum segment and Others segment due to misclassification, which are listed in the tables in the section of SEGMENT INFORMATION on page 26 of the Consolidated Financial Statements for the year ended December 31, 2015. The numbers subject to this correction are those underlined and shaded in the tables below.http://www.sdk.co.jp/assets/files/english/news/2016/20160316_sdknewsrelease_e.pdfAbout Showa Denko K.K.Showa Denko K.K. ("SDK"; TSE:4004,US:SHWDF) is a major manufacturer and marketer of chemical products serving a wide range of fields ranging from heavy industry to the electronic and computer industries. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial and high-performance gasses and chemicals and high-purity gases and chemicals for the semiconductor industry, and the Inorganics Sector provides ceramics products such as alumina, abrasive, refractory and graphite electrodes and fine carbon products. Today, the Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high-bright LEDs and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.
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