Sumitomo Bakelite: Completes acquisition of Kyocera chemical unit
Sumitomo Bakelite has completed its purchase of all shares in a new company taking over part of Kyocera’s chemicals business. The subsidiary, with capital of ¥200 million, will make semiconductor materials, and the deal is reflected in the revised forecast for the year ending March 2027.

Key facts
- Target company
- Sumitomo Bakelite Chemical Solutions
- Shares acquired
- All shares
- Capital
- ¥200 million
- Established
- July 9, 2026
New subsidiary takes over part of Kyocera’s business
Sumitomo Bakelite has completed its acquisition of all shares in a new company set up to take over part of Kyocera’s chemicals business, making it a subsidiary. The deal, announced on Jan. 22, 2026, ahead of the share purchase, has now closed.
| Item | Details |
|---|---|
| Target company | Sumitomo Bakelite Chemical Solutions Co., Ltd. |
| Transfer method | Business transferred from Kyocera through an absorption-type split |
| Shares acquired | All shares |
The new company will take over part of Kyocera’s chemicals business. Sumitomo Bakelite has made it a wholly owned subsidiary, bringing the business into its group. The latest disclosure confirms the acquisition has closed and the transfer procedures have been carried out.
New company to make semiconductor materials and industrial resins
The new company will handle semiconductor-related materials and industrial resins. Its products include epoxy molding compounds for semiconductor encapsulation and bonding paste for semiconductors, which it will manufacture and sell.
| Item | Details |
|---|---|
| Business | Manufacture and sale of epoxy molding compounds for semiconductor encapsulation, bonding paste for semiconductors, industrial resins and other products |
| Location | 2-5-8 Higashi-Shinagawa, Shinagawa-ku, Tokyo |
| Representative | Ken Mori, president and representative director |
| Capital | ¥200 million |
Adding a company that handles semiconductor materials and industrial resins brings these product lines into Sumitomo Bakelite’s business portfolio. Investors will be watching how the acquired operations contribute to consolidated results after becoming a subsidiary.
Impact already included in revised forecast
Sumitomo Bakelite said the impact of the transaction on consolidated results for the fiscal year ending March 2027 has been included in its revised forecast announced the same day. The completion disclosure did not identify any additional impact on the forecast.
- Impact on results: Already included in the revised consolidated forecast for the fiscal year ending March 2027.
- What to watch: How the acquired business contributes to sales and profit, and how it works with existing operations, as reflected in future results.
The disclosure confirms the acquisition has closed, describes the target company’s business and states that the transaction is reflected in the earnings forecast. For students, the addition of a business in semiconductor materials and industrial resins also offers a way to understand the scope of Sumitomo Bakelite’s operations. The document does not discuss changes to employment or locations.
Share price around the disclosure
Close on disclosure (Oct 30, 2026)
¥8,109
Latest close (Oct 30, 2026)
¥8,109
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Updated Oct 30, 2026.
Compare Sumitomo Bakelite with its rivals
Pay, results and share price side by side- vs
Daicel vs Sumitomo BakeliteDaicel has 1.8x the revenueSumitomo Bakelite margin 3.8pt higherDaicel pays ¥0.48M moreCompare
- vs
MGC vs Sumitomo BakeliteMGC has 2.3x the revenueSumitomo Bakelite margin 5.0pt higherMGC pays ¥0.91M moreCompare
- vs
Sumitomo Bakelite vs Taiyo HoldingsSumitomo Bakelite has 2.3x the revenueTaiyo Holdings margin 12.5pt higherTaiyo Holdings pays ¥1.68M moreCompare
The Chemical industry now
60 companiesSumitomo Bakelite is one of 60 Chemical companies we cover, #29 by revenue. Here is how the industry’s shares and company plans look:
- Industry shares, 1 year
- +24.8%All industries +14.9%
- Op. profit plan, this FY
- +24.1%All industries +13.0%
- Forecasts raised
- 19cut 0
- Industry op. margin
- 8.8%
- Sumitomo Bakelite+57.7%
- Chemical (average)+24.8%
- All industries+14.9%
- Latest resultsYear to date through Q1, 36 companies combined: revenue +13.3%, operating profit +51.0% year over year. 27 are ahead of an even pace toward their full-year plan, 4 behind.
- Revisions19 raised and 0 cut this year's forecast. The biggest revision: Osaka Organic (operating profit +45.3%).





Tags#Sumitomo Bakelite#Kyocera#Subsidiary acquisition#M&A#Semiconductor materials#Chemicals business
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The disclosure confirms that Sumitomo Bakelite has completed the share purchase of a new company taking over part of Kyocera’s chemicals business, bringing the operations into its group. The impact is already reflected in the revised forecast, so the next step is to assess the business’s contribution in reported results. The acquisition’s completion alone does not show the scale of its earnings impact; investors will need to track sales and profit contributions and the business’s links with existing operations.
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https://www.gyokaidigest.com/en/disclosures/4203-tdnet-20261030-140120261029560252
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