Tag: formation
Former Ghostwire: Tokyo director Ikumi Nakamura reveals her new studio
Those who have kept up with the news surrounding the upcoming action-horror game Ghostwire: Tokyo have probably heard the name Ikumi Nakamura at least a few times. Nakamura has had quite an extensive history within the industry, as she worked on games like Okami, Bayonetta, and The Evil Within duology. Most recently, she served as the creative director for Ghostwire: Tokyo, a position that made her more widely known in the gaming sphere. Unfortunately, midway through development, Nakamura left Tango Gameworks due to stress-induced health problems. But now, the former Ghostwire: Tokyo director has bounced back, as Ikumi Nakamura recently announced the formation of a new studio called Unseen.
In an interview with IGN, Nakamura stated that her new studio will have a multicultural focus and will develop games that incorporate her love of “mystery, horror, sci-fi, and the supernatural.” Her staff will consist of employees from all around the world, as she believes this presen... MATIC: Should you expect a 36% upswing thanks to these chart formations
MATIC’s price, at press time, highlighted a bullish setup in play, one that is nearing its breakout point. Investors can expect a breakout from this technical formation to result in exponential gains. On-chain metrics seemed to be both leaning bullish, but also adding a tailwind to the optimistic outlook. A perfect confluence From 23 December […] BABA Minuette Zigzag To Complete Correction Ⓑ
The current structure of ALIBABA shares suggests the construction of a large bullish Ⓐ-Ⓑ-Ⓒ zigzag of the primary degree. At the moment, prices are at the end of the primary correction Ⓑ. This correction has the form of an intermediate triple (W)-(X)-(Y)-(X)-(Z) zigzag. Now the formation of the final actionary wave (Z) is taking place. […]
The post BABA Minuette Zigzag To Complete Correction Ⓑ appeared first on Orbex Forex Trading Blog.
AVAX Technical Analysis: Bullish Reversal Struggles Near 50-day EMA
AVAX coin price shows a bullish reversal within the symmetrical triangle. Will the reversal trend outgrow the triangle pattern? Key technical points: AVAX coin price offers a turnaround from the support trendline. The Stochastic RSI gives a bullish crossover. The 24-hour trading volume in the Avalanche is $1.84 Billion, marking a 55% rise. Past Performance of AVAX AVAX prices show a reversal of almost 10% from the support confluence of an ascending trendline and the 200-day EMA. The reverse struggles to surpass the 50-day EMA as the daily candle hints at a wick formation. However, the increasing buying pressure may shortly overcome the sellers at the average. Source-Tradingview AVAX Technical Analysis AVAX prices can reach the maximum resistance of the symmetrical triangle with the 50-day EMA breakout. However, if buyers maintain the grip over trend control, the altcoin may outgrow the triangle pattern. Examining the triangle, the resistance trendline looks relatively more concrete than the support trendline as it has crushed multiple bullish attempts. Hence, increasing trading volume is a must for a bullish breakout. The altcoin prices move within the 50 and 200-day EMA as it stumbles to avoid a death cross. However, the increasing bullish momentum projects the possibility of a trend reversal in EMAs and surpassing the 50-day EMA. RSI Indicator: The RSI slope surpasses the 14-day average with a parabolic reversal, indicating a high likelihood of exceeding the 50% mark and the sideways trend. Stochastic RSI Indicator: The K and D lines escape the oversold zone with a bullish crossover. Moreover, a divergence is evident in the last two dips at the support trendline. In short, AVAX technical analysis takes a bullish view and appeals to a triangle breakout. Upcoming Trend AVAX coin price may shortly surpass the $80 mark and reach the $100 resistance zone with the triangle breakout as the buying pressure increases in the recovering market. Otherwise, closing below the 200-day EMA will nullify the bullish breakout possibility. Support Levels: $70 and $60 Resistance Levels: $90 and $100
The post AVAX Technical Analysis: Bullish Reversal Struggles Near 50-day EMA appeared first on Cryptoknowmics-Crypto News and Media Platform.
Showa Denko Group Starts to Consider Transformation into Holding Company Structure
1. Background and purpose of the consideration
As we stated in "Our Policy toward Realization of 'Co-Creative Chemical Company'," which was announced on February 14, 2022, the Showa Denko Group aims to change the Group into "Company that can compete on the world stage," "Company that contributes to sustainable global society," and "Company that develops talent that represents Japan's manufacturing industry," thereby making the Group "Global Top-Level Functional Chemical Manufacturer from Japan," which is the ideal state of the Co-Creative Chemical Company.
Into the Purpose of the Showa Denko Group, which is "Change society through the power of chemistry," we put our will to have global top-level competence as a chemical manufacturer, to think beyond the conventional boundaries of our individual business activities, and to co-create better society with stakeholders and communities who share a high aim and ideal with us. This is the essence of Co-Creative Chemical Company that we aim to be. Through realization of the Purpose, the Showa Denko Group will continue reforming itself, aiming to become the Global Top-Level Functional Chemical Manufacturer.
In the process to realize the ideal state, the Showa Denko Group will commit itself to realize scale and profitability of the Company which are prerequisites to become a company that can compete on the world stage, execute business portfolio management focusing on strategic allocation of management resources, while maintaining integrity, promoting innovations that bear competitive advantage, and executing personnel strategy focusing on human resource development based on Purpose and Four Values, which are the Showa Denko Group's new Corporate Philosophy.
To become Global Top-Level Functional Chemical Manufacturer, which is our ideal state, and to maximize our corporate value, we will accelerate business portfolio management which enable us to solve global social issues and create sustainable corporate value. Aiming to establish organizational structure optimum for realization of the ideal state, we will consider specific procedures for transformation into a holding company structure.
If the Group transforms itself into a holding company structure, the holding company will specialize in formulating and executing group strategy and functioning as a company listed on the stock exchange. The holding company will cope with management issues quickly and flexibly, and realize appropriate allocation of management resources group-wide from bird's-eye viewpoint, including formation of business alliance and M&A. The newly integrated company (a company involved in manufacturing) will focus on strengthening competitiveness of each business of the Company in order to realize synergy of integration of Showa Denko and Showa Denko Materials as soon as possible, and operate businesses in a quick and flexible manner corresponding to the surrounding environment, thereby enhancing corporate value of the entire Group.
2. Planned process for transformation into holding company structure
The planned process for transformation from current company structure to holding company structure is as follows. We will set the current Showa Denko K.K. as a company to be split, execute the company split, make Showa Denko Materials Co., Ltd. (SDMC), which is a wholly owned subsidiary of HC Holdings K.K. (HCHD), in which SDK holds 100% of voting rights, succeed all businesses currently operated by SDK, and merge HCHD into SDMC. Then we will set SDMC as a company to be split, execute the company split, and make SDK succeed a part of SDMC's assets and liabilities. We will announce the detail of this process as soon as it is decided in the future.
3. Plan for the future
- End of June 2022: Record Date to fix shareholders who can execute voting rights at the extraordinary general meeting of shareholders concerning transformation into holding company structure
- August 2022: Board of Directors' meeting concerning transformation into holding company structure
- September 2022: Extraordinary general meeting of shareholders concerning transformation into holding company structure
- January 2023: Transformation into a holding company structure
About Showa Denko K.K.
Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high bright LEDs, and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.
For further information, contact:
Showa Denko K.K., Public Relations Group, Brand Communication Department, Tel: 81-3-5470-3235
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comShowa Denko K.K. (SDK) (TOKYO: 4004) announces that it was resolved at the Board of Directors meeting held today that, regarding a plan for transformation from current company structure to holding company structure, the Company will start to consider the plan and prepare for execution of the plan.
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