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Information Concerning the Name Change to a Performance Film Manufacturing Subsidiary
Jun 23, 2011
SEKISUI CHEMICAL CO., LTD
"SUZUTORA CORPORATION" Becomes "SEKISUI NANO COAT TECHNOLOGY CO., LTD."

SEKISUI CHEMICAL CO., LTD. (President: Naofumi Negishi; hereinafter referred to as Sekisui Chemical)'s High Performance Plastics Company (President: Takayoshi Matsunaga) has developed performance materials in the IT field, centering on fine particle clusters, sealing materials, bonding tapes and protective films in flat panel displays.

This is to notify you that on this occasion, the performance film manufacturer "SUZUTORA CORPORATION", which Sekisui Chemical acquired on April 27, will change its name to "SEKISUI NANO COAT TECHNOLOGY CO., LTD." from July 1.

The subsidiary manufactures and sells high-performance ITO film used in touch panels for smartphone and tablet terminals, solar cells, and organic electroluminescence, etc., which are expected to grow in the future.

Overview of Company

1)Company Name:"SEKISUI NANO COAT TECHNOLOGY CO., LTD" (From July 1)
2)Business Description: Thin membrane manufacturing (ITO film for touch panels)
Textile manufacture (metal coating processing, backing processing for synthetic leather, etc.)
3)Address:36 Hama-cho, Gamagori City, Aichi Prefecture, Japan
4)Established:April 1936
5)Capital:30 million yen
6)Employees:Approximately 140
7)Sales:Approximately 4.3 billion yen (as of August 2010)


Press Contact

Sekisui Chemical Co., Ltd.
Corporate Communication Department, Public Relations Group
Fax: +81-3-5521-0510

Disclaimer

This press release may contain forward-looking statements. Such forward-looking statements are based on current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements due to changes in global economic, business, competitive market and regulatory factors.
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