DENKA to strengthen Capital Alliance with SEI Corporation in the Field of Lithium-ion Secondary Battery TechnologyCapital Alliance Agreement • November 14th, 2013
Contract Type FiledNovember 14th, 2013DENKA (president: Shinsuke Yoshitaka) and SEI Corporation (headquarters: Tsu, Mie; representative director: Takehiko Sawai; hereafter “SEI”) have reached an agreement to accelerate the development of electrode material technologies, with a focus on high conductivity (low resistance) materials indispensable to improving the performance of lithium-ion secondary batteries (LiBs). To this end, DENKA has increased its SEI stockholdings from 4.5% to 15%, giving it the second largest stake (after Mr. Takehiko Sawai, who holds 39%) and further strengthening the two companies’ alliance.