Sustainability InitiativesMessage from the President
Kanto Denka Kogyo is a reliable and historic company that has created a variety of products with its own unique technology. We were the first company in Japan to succeed in the development of hydrofluoric acid electrolysis by applying the electrolysis technology that we have possessed since our founding, and we have also accumulated unique technology and know-how in fluorine related technology. In this way, the Company’s products have become indispensable as materials that support the world's most advanced technologies. We believe that our corporate value will be enhanced if our products and business activities are widely recognized by society as contributing to the realization of a sustainable society. To address this issue, we have established the Sustainability Promotion Committee in order to place sustainability at the core of our management policy, and are implementing corporate management that incorporates elements of the environment, society, and governance.
Under the Medium-Term Management Plan Journey to 1000, which we have been implementing since FY2019, as where we want to be in 10 years, we aim to become an innovative, development-driven company that contributes to society by providing a safe and rewarding work environment for its employees and supporting the world's most advanced technologies with unique and superior products, based on a sound and profitable management foundation. Against this backdrop, we are promoting the growth of our fine chemicals business, represented by semiconductor gases and battery materials, and strengthening the foundation for growth with the aim of creating new businesses that contribute to a sustainable society.
Currently, addressing the risks of climate change is a global challenge. In accordance with the TCFD approach, we will identify risks and opportunities related to climate change and proactively disclose information about them. In order to reduce greenhouse gas emissions and contribute to the realization of a sustainable society, we will expand the range of climate-change-responsive products that utilize our proprietary technologies, such as process gas products for semiconductors with a low global warming potential and the development of electrolytes and additives that are core materials for lithium-ion rechargeable batteries, which are essential for EVs (electric vehicles). In addition, we will continue to supply materials on a global scale to support the cutting-edge technologies of the growing semiconductor industry. As part of these efforts, we established Kanto Denka Fine Products KOREA Co., Ltd. in South Korea, our first overseas plant, in November 2017, and Xuancheng KDK Technology Co., Ltd. in China, which is expected to start operations in the spring of 2022.
One of the core measures in our current Medium-Term Management Plan is a shift to ESG-conscious management while increasing corporate value. We aim to enhance our corporate value not only through the pursuit of economic value, but also through activities aimed at solving social issues, and to develop and provide high-quality, safe, and environmentally friendly products that society demands. I hope you will continue to lend your support going forward as we continue to grow and contribute to society as an innovative, development-driven company.
President Jun'ichi Hasegawa