Notice Regarding the 10th Anniversary of Dexerials Corporation's Founding
Dexerials Corporation (Headquarters: Shimotsuke-shi, Tochigi, Representative Director and President: Yoshihisa Shinya, hereinafter, “the Company”), which provides leading-edge technologies, materials, and devices for smartphones, automotives and other products, marks its 10th anniversary since it changed the name of the company and commenced its business.
Since the founding the the predecessor company in 1962, the Company has been engaging in the development, manufacture and distribution of functional materials that are indispensable in the evolution of consumer electronics. In October, the Company celebrates the 10 years in business as Dexerials since it changed its name and commenced its current business in October 2012.
With a view toward sustainable growth even in times of tumultuous change, the Company has been engaged in a range of initiatives such as becoming listed on what was called the first section of the Tokyo Stock Exchange in 2015, the relocation of its headquarters to Shimotsuke-shi, Tochigi and the transition to being a company with an Audit & Supervisory Committee in 2021. On the business side, the Company expanded into a new automotive business area in 2016 and included Kyoto Semiconductor Co., Ltd., a company handling optical semiconductors, as a group company in March 2022. By doing so, it has been working to facilitate the evolution of digital technology while also contributing to solutions to social issues through the utilization of these technologies.
In addition to these initiatives, the Company has been able to continuously operate its business to date because of the understanding and cooperation of all of its stakeholders, including customers, partners, shareholders and employees, who support its operations. The Company wishes to use this milestone as an opportunity to express its gratitude for their cooperation.
The Company would also like to announce that it is in the process of constructing the Reception Hall at the Headquarters and the Tochigi Technology Center (Shimotsuke-shi, Tochigi) to facilitate communication with stakeholders going forward. The Hall, which is expected to be completed in spring 2023, will be used as a facility for welcoming stakeholders including customers when they visit the Company.
Conceptual image of the Reception Hall at the Headquarters and the Tochigi Technology Center
Regarding dividends at the end of the fiscal year ending March 31, 2023, the Company plans to provide a commemorative dividend of 5.00 yen per share for the 10th anniversary of the Company’s founding in its year-end dividend.
Looking ahead, under its corporate vision, “Value Matters Unprecedented innovation, unprecedented value,” the Company will continue to provide products, technologies, and solutions globally that are essential for society, in which, digitalization is accelerating. By doing so, it will seek to contribute to the development of a sustainable society while at the same time working to increase corporate value to meet stakeholder expectations.
■ Comments from top management (Yoshihisa Shinya, Representative Director and President)
Dexerials Corporation marks its 10th anniversary in October 2022. We wish to extend our heartfelt gratitude to our stakeholders for their support.
Ten years ago when we changed the name of our company and made a fresh start was the time when smartphones were rapidly becoming popular. Over the past 10 years, we have been taking on challenges together with customers and other stakeholders to transform technologies while simultaneously witnessing the rapid digitalization of society, partly due to the impact of the COVID-19 pandemic over the past couple of years.
Going forward, we expect continued progress in the improvement of efficiency and the provision of solutions to issues due to the continuing digitalization of society such as the advancement of IoT, the utilization of big data created through IoT, and an increase in utilization of AI. The Company will continue to provide products and solutions that support digital technologies, and seek to achieve sustainable growth. As always, we hope that we can count on your continued support for many years to come.