Thursday 24 March at 23:30 UTC (12:30 NZST)   Register: https://event.webinarjam.com/register/41/xq23msmz While research communities are trying to better understand complex, compounding and cascading disasters, the Hunga Tonga-Hunga Ha’apai eruption and tsunami in January 2022 devastated Tonga’s emergency management system. Natural hazards often occur simultaneously or successively, resulting in complex, compounding and cascading impacts that interact. Climate […]

The post Webinar: Domino Effect: Cascading disasters and lessons from the Tonga eruption and tsunami appeared first on CODATA, The Committee on Data for Science and Technology.

TOKYO, Mar 11, 2022 - (JCN Newswire) - Showa Denko (SDK) (TOKYO: 4004) announces that it has corrected an error in the cash flows information of its Consolidated Financial Statements for the year ended December 31, 2021.

1. Reason for correction

We found an error in the description about cash flows in 2021, which is on page 9 of the Consolidated Financial Statements for the year ended December 31, 2021.

2. Correction details

The number subject to this correction is the one underlined below.

(Before correction)

(2) Cash flows in 2021

Net cash provided by operating activities increased 5,997 million yen from the previous year, to the proceeds of 115,283 million yen, due partly to an increase in profit before income taxes. Net cash used in investing activities decreased 958,653 million yen, to the proceeds of 28,606 million yen, due partly to the proceeds of 83,915 million yen resulting from the transfer of businesses, despite the effect of expenditure of 892,030 million yen in the previous year resulting from acquisition of shares in a subsidiary accompanying an expansion of the bounds of consolidation.

(After correction)

(2) Cash flows in 2021

Net cash provided by operating activities increased 5,997 million yen from the previous year, to the proceeds of 115,283 million yen, due partly to an increase in profit before income taxes. Net cash used in investing activities decreased 958,653 million yen, to the proceeds of 28,606 million yen, due partly to the proceeds of 83,915 million yen resulting from the transfer of businesses, despite the effect of expenditure of 890,230 million yen in the previous year resulting from acquisition of shares in a subsidiary accompanying an expansion of the bounds of consolidation.

Press release: www.sdk.co.jp/assets/files/english/news/2022/20220311_sdknewsrelease_e.pdf

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., IR Office, Finance & Accounting Department, Tel: 81-3-5470-3323


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comShowa Denko (SDK) (TOKYO: 4004) announces that it has corrected an error in the cash flows information of its Consolidated Financial Statements for the year ended December 31, 2021.

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of Rafael Holdings, Inc. (“Rafael” or the “Company”) (NYSE: RFL) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your Rafael investments or would like to inquire […]

The post Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Its Investigation of Rafael Holdings, Inc. (RFL) on Behalf of Investors appeared first on Fintech News.

An end-to-end digital retail experience connecting brand, retailer and consumer PLEASANTON, Calif.–(BUSINESS WIRE)–Tekion, innovator of the Automotive Retail Cloud® (ARC), the first and fastest cloud-native automotive retail SaaS platform, today announced the launch of its Automotive Enterprise Cloud (AEC) to unify the Original Equipment Manufacturer (OEM), retailer, and consumer vehicle purchase journey from website to […]

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