Resonac Holdings Corporation · TSE:4004
Resonac — Investor Presentation (February 2024)
32 slides from Resonac's investor presentation, Feb 14, 2024
Slide 1: Co-creative Chemical Company
“Co-creative Chemical Company” - Reforms toward global top-level functional chemical company - Hidehito Takahashi President & CEO Resonac Holdings Corporation February 14, 2024 1
Slide 2: What we want to convey
What we want to convey We will lead the semiconductor materials industry by realizing sustainable growth and revolutionizing the market Say & Do Say & Do Say & Do １ 2 3 Aggressive investment in Corporate culture reform Accelerate creation of growing semiconductor & materials business co-creative inn
Slide 3: Agenda
Agenda 1 Resonac’s ideals Aggressive investment in growing 2 semiconductor materials business 3 Accelerate creation of co-creative innovations Corporate culture reform & 4 Human resource development ©Resonac Corporation All Rights Reserved. 3
Slide 4: Resonac's ideals
Agenda 1 Resonac’s ideals Aggressive investment in growing 2 semiconductor materials business 3 Accelerate creation of co-creative innovations Corporate culture reform & 4 Human resource development ©Resonac Corporation All Rights Reserved. 4
Slide 5: Corporate philosophy
Corporate philosophy Purpose The meaning of Resonac’s existence Change society through the power of chemistry Contribute to the sustainable development of global society by creating functions required of the times as an advanced material partner Values Our important values ▶ Passionate & Results-Dri
Slide 6: Our vision: Resonac's ideals
Our vision: Resonac’s ideals Resonac’s ideals Global top-level Co-creative functional chemical company chemical company As a chemical company, we shall have first-class We shall solve social problems by exerting our strong competency, decide and act quickly and flexibly, and points we fostered as a
Slide 7: Resonac's long-term vision: Our ideals for 2030
Our vision to achieve long term growth Resonac’s long-term vision: Our ideals for 2030 2030 Our Vison Action 2 ▶Company that can compete on the world stage ▶ Concentrate ▶Company that contributes to a Action 1 management resources sustainable global society on semiconductor ▶Company that develops co
Slide 8: Aggressive investment in growing semiconductor materials business
Agenda 1 Resonac’s ideals Aggressive investment in growing 2 semiconductor materials business 3 Accelerate creation of co-creative innovations Corporate culture reform & 4 Human resource development ©Resonac Corporation All Rights Reserved. 8
Slide 9: Business portfolio reform
Business portfolio reform Approach to portfolio reform The road to optimum portfolio SHOKO CO., LTD. (Trading company: Sells chemicals, etc.) Aluminum can business Fitness for Food wrapping film business strategy 2021 Aluminum rolled products business Printed wiring board business We will continue P
Slide 10: Realignment of the Resonac Group's petrochemical business
Realignment of the Resonac Group’s petrochemical business Resonac Holdings has started to investigate partial spin-off of the Resonac Group’s petrochemical business Compensation for partial spin-off Shareholders New Company Accelerates actions to reorganize the Realizes sustainable growth and evolut
Slide 11: Making semiconductor materials the core business
We will make semiconductor materials business as our core business and realize groupwide increase in profits Nicely varied Resonac will specialize in semiconductor management resource allocation materials business that promises growth Automatic 2030 driving 2023 Semiconductor/ Semiconductor/ electro
Slide 12: Resonac is the leader of the semiconductor materials industry
Resonac is the leader of the semiconductor materials industry: Unique position and outstanding ability to make proposal to customers Resonac has a lineup of semiconductor materials that have high market shares in multiple segments, and can meet customers’ needs in a flexible manner Estimates of sale
Slide 13: Changes in semiconductors and needs for semiconductor materials
Changes in semiconductors and needs for semiconductor materials Increase in data accelerates shift from independent designing of chips and parts to total package designing. Now semiconductor materials manufacturer’s competitiveness comes from its ability to propose back-end materials, rather than it
Slide 14: Semiconductor materials for AI processor and integrated solutions
Resonac’s semiconductor materials for AI processor and integrated solutions On the basis of proven semiconductor materials, Resonac’s semiconductor materials business continues growing due to a major increase in the demand for materials caused by increases in number of parts and size of semiconducto
Slide 15: Market outlook for overall semiconductors and AI processors
Market outlook for overall semiconductors and AI processors Semiconductor market has exited no-growth period and restarted to grow Toward 2028, the demand for AI processors will lead the market growth Unit: Billion USD 1000 841 800 755 678 610 600 547 563 493 551 AI-related 400 demand CAGR 36.3% 344
Slide 16: GAFAM are entering into the semiconductor industry
GAFAM are entering into the semiconductor industry Designing of leading-edge semiconductors is concentrated in Silicon Valley. GAFAM are developing original chips optimized for generative AI in-house. Supply chain of semiconductors for AI servers Semiconductor users Semiconductor manufacturers Data
Slide 17: Overseas strategy 1: Packaging Solution Center
Overseas strategy 1: Concept leader for leading-edge semiconductor package. Promotion of co-creation with device manufacturers Resonac plans to establish Packaging Solution Center in Silicon Valley, USA, where GAFAM and semiconductor manufacturers are concentrated We have started preparation work in
Slide 18: Overseas strategy 2: Texas Institute for Electronics
Overseas strategy 2: We will accelerate development of technologies for 2.xD and 3D semiconductor packaging Resonac participates in Texas Institute for Electronics (TIE)*1, a consortium to develop leading-edge semiconductor where leading semiconductor manufacturers and semiconductor production equip
Slide 19: Accelerate creation of co-creative innovations
Agenda 1 Resonac’s ideals Aggressive investment in growing 2 semiconductor materials business 3 Accelerate creation of co-creative innovations Corporate culture reform & 4 Human resource development ©Resonac Corporation All Rights Reserved. 19
Slide 20: Co-creative innovation value creation model
Co-creative innovation value creation model Raw Composite Processing/Molding/ Evaluation/ materials materials Simulation Communication Market Assembly Downstream access Advanced materials partner for one-stop solutions Chemistry to Identification of customer Synthesize Chemistry needs Midstream to d
Slide 21: Accelerate creation of co-creative innovation through cooperation, deepening, and strengthening
Accelerate creation of co-creative innovation through cooperation, deepening, and strengthening Cooperation between Deepening “synthesize” and “formulate” “Chemistry to Synthesize” Strengthening “Chemistry to Think” Integration of R&D sections Cooperation between plants Following customers who will
Slide 22: Innovation in technology supported by computational science and informatics
Innovation in technology for semiconductor materials supported by computational science and informatics Computational science and informatics revolutionize development of semiconductor materials Resonac opens a new dimension of co-creative innovation through rapid product development and overwhelmin
Slide 23: Co-creation with other companies toward growth
Co-creation with other companies toward growth Packaging Stage for Innovation Center Solution Center Co-creation Seeks to make technical Base for open innovation Communication space innovations together with functioning as the core of that gives birth to the other companies Resonac’s R&D activities
Slide 24: Corporate culture reform & Human resource development
Agenda 1 Resonac’s ideals Aggressive investment in growing 2 semiconductor materials business 3 Accelerate creation of co-creative innovations 4 Corporate culture reform & Human resource development ©Resonac Corporation All Rights Reserved. 24
Slide 25: To achieve long-term growth: Execute as a team
To achieve long-term growth 202 ～2025 ～2030 With the CEO himself taking the lead, we Execute as a team will tackle long-term A company where Portfolio problems value sharing personnel execute reform reforms and work autonomously with a Establish Stable revenue moderate feeling of CXO base tension sy
Slide 26: Our work to establish basis for human capital management
Our work to establish basis for human capital management Resonac’s human resource strategy Human resource materiality and KGI Purpose and Values HR materiality KGI Future talent portfolio Businesses Hire & develop fulfilment rate １ talent for the HR Materiality１ business Succession planning Hire and
Slide 27: Construction of global basis to realize effective HR management
Construction of global basis to realize effective HR management Through construction of global human resource management system, We will visualize human resources and their skills, realize dynamic human-resource portfolio management suitable for our business strategy, select core human resources ear
Slide 28: Cultivation of corporate culture that develops co-creative human resources
Cultivation of corporate culture that develops co-creative human resources Recognition of issues and results of our efforts Specific measures (2023) We are cultivating corporate culture where we Moya-moya can give free vent to each person’s uncertain Meetings Town Hall Meetings Two-way feelings (“mo
Slide 29: Two-way communication is the key
Two-way communication is the key: We will improve psychological safety further Engagement score Actions to be taken “I don’t think so” Management policy Two-way “I don’t think so at all” Number of respondents does not reflect feedback from communication Negative 21,002 employees with employees Posit
Slide 30: What we want to convey: Our target
What we want to convey Our target Net sales EBITDA PBR over ¥1 trillion 20% over 1 times Active investment in growing Make the most of improvement in Say & Do semiconductor materials business market conditions and opportunities Accelerate creation of co-creative innovation Make operations more effic
Slide 31: Resonac: Chemistry for Change
IRESONAC Chemistry for Change
Slide 32: Note
Note Performance forecast and other statements pertaining to the future as contained in this presentation are based on the information available as of today and assumptions as of today regarding risk factors that could affect our future performance. Actual results may differ materially from the fore
Resonac Holdings — Investor Presentation (February 2024) on 6ix