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Tokyo Brief東 京 ブ リ ー フJapan's day, wrapped and delivered by morning.

Japan Materials & Chemicals Company News (Page 2)

Earnings, deals and disclosures from Japan's listed materials & chemicals companies, in English.

  1. Mitsui Chemicals Closes Ultradent Deal a Month Early, Shifts Oral-Care Command to the US

    Faster regulatory approvals let Mitsui Chemicals finish buying Ultradent Products a month ahead of plan on August 14, and the company is relocating global headquarters functions for its oral-care business from Japan to the new US holding company, with the earnings impact still under review.

  2. Toda Kogyo Sells Its Entire Stake in Chinese Pigment Venture for ¥3.48bn

    The Hiroshima chemicals group is handing its 20.7% stake in Zhejiang Huayuan to co-investor Zhejiang Shenghua for roughly ¥3.48bn, freeing money for its mobility, AI and environmental materials push while it keeps buying pigments from the venture it is leaving.

  3. Nippon Paint Confirms €7.5bn Proposal for AkzoNobel's Architectural Paint Business

    Nippon Paint says a Bloomberg report on its bid for AkzoNobel's architectural paint unit is accurate at €7.5bn, but insists no acquisition has actually been agreed.

  4. Daicel and Formosa Plastics Plan a Kaohsiung Chemicals Venture for Taiwan's Chip Boom

    Daicel is committing roughly ¥2bn to a 50-50 joint venture with Formosa Plastics in Kaohsiung to supply Taiwan's semiconductor industry, but Formosa's own board has not yet signed off, and the plant won't start operating until January 2029.

  5. Fujikura Sells Its Entire Stake in a Chinese Optical-Fiber Venture to Partner FiberHome

    Fujikura and its China unit will hand over their full 60% holding in a Wuhan optical-fiber preform venture to co-founder FiberHome Telecommunication for ¥7.97bn and ¥3.99bn, with the deal closing by late September 2026.

  6. Koei Chemical wins 98.25% backing for Sumitomo Chemical share exchange

    The move: Koei Chemical won 98.25% support for its share exchange with Sumitomo Chemical, pushing the deal past Koei's shareholder vote, but the filing adds no new timetable or deal economics.