Looking back on last year, the enormous natural disaster and the slowdown of the global economy affected our financial results to some extent. In such an unpredictable situation, I once again realized the importance of \u201cpreparation\u201d in order to minimize risks.
In such a situation, we executed the final agreement on the business integration between Nippon Shokubai Co., Ltd. and Sanyo Chemical Industries, Ltd. in November\u30002019. The main purpose of this business integration is \u201cpreparation\u201d for the future. As the competition intensifies in the global market, this business integration means \u201cpreparations\u201d of both survival and further growth of the business.
Trade name of the integrated holding company was selected from more than 800 proposals from employees and was named \u201cSynfomix Co.,Ltd.\u201d(Phonetic symbol: sínfəmɪks).I would like to deliver following three messages upon the establishment of \u201cSynfomix Co.,Ltd.\u201d
The first message is \u201cContributing to the creation of a sustainable society\u201d. Synfomix Group will aim to enrich people\u2019s lives in every aspect and contribute to the creation of a sustainable society for the future by hybridizing various possibilities and always challenging uncharted fields as well as producing innovative and unique values. In order to make \u201cSynfomix\u201d echo all over the world, let\u2019s contribute to the creation of a sustainable society together.
The second message is \u201cCombining the strengths of both companies.\u201d Synfomix Group will aim to become a chemical manufacturer with both significant global presence as well as multiple businesses with strengths by combining Nippon Shokubai\u2019s value chain of competitive materials and Sanyo Chemical \u2018s solution business that addresses customers\u2019 challenges. I believe Synfomix Group will surely achieve what could not be achieved by the single company.
The third message is \u201cAccepting the differences and take advantage of them\u201d. It is important to try to understand the differences of the two companies and to accept various opinions and ideas. Moreover, create the new ideas and the ways of working by hybridizing the different ideas. First off, prepare yourself \u201cFor The New Company\u201d so that you can work on the new challenges with great expectations.
Safety and stable operation will be firmly continued this year as well. I wish you all a happy new year. Thank you.
Contact
Investor & Public Relations Dept.
NIPPON SHOKUBAI CO., LTD.
TEL: +81-3-3506-7605
E-mail: shokubai@n.shokubai.co.jp<\/p>\n\n\n\n
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