Hodogaya Chemical's growth strategy centered on OLED materials and leveraging M&A is getting under way again. In August 2026, the company will make Framochem a subsidiary, strengthening its specialty chemicals business and seeking to transform its business portfolio through further acquisitions and partnerships.
Hodogaya Chemical engages in businesses including OLED materials and resin materials, and is once again pursuing a growth strategy through M&A. In the past, it made South Korea's SFC a subsidiary and developed its OLED materials business into a core business for the group. However, it was slow to establish new earnings drivers thereafter and has acknowledged the resulting rigidity of its business portfolio.
In August 2026, it will make Hungarian chemical manufacturer Framochem a subsidiary and has begun strengthening its specialty chemicals business. The company is also said to intend to actively use M&A and partnerships going forward to transform its portfolio. The article is for members, suggesting that further updates are awaited.