レゾナック・ホールディングス changed its name from 昭和電工 and announced a strategy of concentrating resources on the semiconductor sector. On 29 September, it listed クラサスケミカル on the Tokyo Stock Exchange and placed it outside the consolidated group, establishing its position as a semiconductor stock.
レゾナック・ホールディングス, which operated for many years as 昭和電工, changed its name to レゾナック and announced a policy of shifting its business focus to the semiconductor sector, a growth area. The move involved a significant change in market capitalization and represented a review of its position in the diversified chemicals sector.
On 29 September, it listed クラサスケミカル, its subsidiary responsible for the petrochemicals business, on the Tokyo Stock Exchange and removed it from the consolidated group. By doing so, it implemented a strategy of placing semiconductor-related business resources at the center of its management resources. This shifted the company’s valuation toward that of a “semiconductor stock.”
President 高橋秀仁 (高橋秀仁) is cited as the driving force behind the transformation. The account describes how he strengthened the semiconductor business, including through the acquisition of 日立化成, drawing on his experience at foreign-affiliated and major companies.
Market participants have praised the speed with which the company is concentrating resources on growth areas while overcoming challenges such as declining profitability in the petrochemicals business and the limits of responding to overseas demand. Some, however, say they want to assess future developments regarding the timing of earnings growth.