# Sumitomo Bakelite to acquire Kyocera chemical business for ¥30B

Sumitomo Bakelite resolved to acquire all shares of a newly established company succeeding part of Kyocera's chemical business for 30 billion yen, making it a subsidiary. The new company will manufacture epoxy molding compounds, bonding pastes, and industrial resins.

- Type: Acquisition
- Announced: 2026-01-22
- Where: Japan
- Value: $190.0M (30.0B JPY)
- Status: announced
- Products: epoxy molding compounds for semiconductor encapsulation, bonding pastes for semiconductors, industrial resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Sumitomo Bakelite](https://endata.com/companies/11098.md) (acquirer)
- [KYOCERA Corporation](https://endata.com/companies/14971.md) (target)

## Sources

- [japanir.jp](https://japanir.jp/en/company/company-4203/ir/4203-20260122-01_wp_corporate_restructuring/), 2026-01-22: "Sumitomo Bakelite resolved to acquire 1 share (purchase price 30 billion yen) of the newly established company succeeding part of Kyocera's chemical business and make it a subsidiary."
- [chemengonline.com](https://www.chemengonline.com/sumitomo-bakelite-to-acquire-chemical-business-from-kyocera/), 2026-01-22: "Sumitomo Bakelite intends to further enhance the presence in the ICT domain and accelerate the strengthening of technological capabilities to create high value-added products."
- [everchem.com](https://everchem.com/category/mergers-acquisitions/page/5/), 2026-04-12: "Sumitomo Bakelite Company Limited has agreed to acquire the Chemical business of Kyocera Corporation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.