SUN CHEMICAL CORPORATION

Shareholders of SUN CHEMICAL CORPORATION

SUN CHEMICAL CORPORATION is a privately held Delaware corporation. No US state register publishes its shareholders, so its ownership comes from its ultimate parent’s filings. DIC Corporation’s annual securities report for the year to 31 December 2025, filed on 23 March 2026, lists “Sun Chemical Corp.” (New Jersey, USA; capital US$500,001 thousand; business: manufacture and sale of printing inks and organic pigments) as a consolidated subsidiary. It states that DIC holds 100.0% of the voting rights, all of them indirectly. The report also classes the company as one of DIC’s six “specified subsidiaries” (tokutei kogaisha).

The report does not name the direct holder. Sun Chemical’s own website says that Sun Chemical Corporation is a subsidiary of Sun Chemical Group Coöperatief U.A. of the Netherlands. The report lists that Coöperatief separately, as a DIC holding vehicle for Sun Chemical group companies, which DIC also owns 100.0% indirectly. The direct holder’s own percentage in SUN CHEMICAL CORPORATION, the share classes and the number of shares issued are not disclosed in any source reviewed.

Ultimate beneficial ownership

The chain ends at DIC Corporation, which is listed on the Prime Market of the Tokyo Stock Exchange (code 4631). DIC’s largest disclosed shareholder at 31 December 2025 was Shoei Co., Ltd. with 13.37% of shares outstanding excluding treasury shares. The next largest were trust and custody accounts. No natural person is identified as a beneficial owner of SUN CHEMICAL CORPORATION, and no effective percentage is calculated for any individual.

Data availability

Partial. The ultimate parent’s percentage (100.0%, indirect) is disclosed. The immediate holder is named only on the company’s website, and its percentage is not published. Delaware does not publish shareholders, and the Minnesota, New York, Connecticut, Pennsylvania and New Jersey registrations reviewed record no ownership information.

Sources

• DIC Corporation, Annual Securities Report (Yuka Shoken Hokokusho), 128th term (FY2025), Section 4 “Status of affiliated companies” and “Major shareholders”, EDINET doc S100XS2N: https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XS2N.pdf (filed 2026-03-23, retrieved 2026-09-30)
• Sun Chemical, About: https://www.sunchemical.com/about/ (retrieved 2026-09-30)
• GLEIF LEI record 5493005KHV7KXOKIOH96 (Sun Chemical Group Coöperatief U.A.): https://api.gleif.org/api/v1/lei-records/5493005KHV7KXOKIOH96 (retrieved 2026-09-30)

Directors and officers of SUN CHEMICAL CORPORATION

The Delaware register could not be searched because it is behind a captcha. The directors and officers of SUN CHEMICAL CORPORATION can instead be read from the foreign-corporation filings it makes in other states. Connecticut’s register of principals, based on the annual report filed on 25 November 2025, has 24 entries covering 23 people, all at the Parsippany, New Jersey address.

Eight appointments are as director: Takeshi Asai, S. Furuta, Masamichi Sota, T. Tanaka, Y. Kikuchi, Yoshinari Akiyama, Kevin Michaelson and Myron Petruch. The other 15 people are officers only, and Myron Petruch and Kevin Michaelson hold officer posts as well as their directorships. Pennsylvania’s register lists the same eight people as “Governors” (directors) and gives each officer’s title. These include Myron Petruch as President, Kevin Michaelson as CFO, James Van Horn as Chief Administrative Officer and General Counsel, Felix Gloudemans as Treasurer, Andrew Chalhoub as Controller, and Martijn Schoonenberg as Assistant Secretary. Four other people carry a President title for a business unit or region.

Minnesota’s register names Myron Petruch as Chief Executive Officer, and New York’s record also lists him. The company’s leadership page describes him as President and Chief Executive Officer, and it describes James R. Van Horn as Chief Administrative Officer, General Counsel and Secretary.

Data availability

Partial, current only. The state registers record names and titles but no appointment or resignation dates, so recent changes cannot be dated and none are reported. Several directors are recorded with an initial only. No source publishes nationality or country of residence, so both are not disclosed.

Sources

• Connecticut Business Principals dataset (business_id 001t000000WmXFzAAN, account 0192466): https://data.ct.gov/resource/ka36-64k6.json?business_id=001t000000WmXFzAAN (retrieved 2026-09-30)
• Connecticut Filing History dataset (annual report filed 2025-11-25): https://data.ct.gov/resource/ah3s-bes7.json?account=001t000000WmXFzAAN (retrieved 2026-09-30)
• Pennsylvania Department of State business entity dataset, filing 0000947928: https://data.pa.gov/resource/xvd7-5r2c.json?filing_number=0000947928 (retrieved 2026-09-30)
• Minnesota Secretary of State, file 38525: https://mblsportal.sos.mn.gov/Business/SearchDetails?filingGuid=875cd95f-add4-e011-a886-001ec94ffe7f (retrieved 2026-09-30)
• New York Department of State, Active Corporations dataset, DOS ID 1132850: https://data.ny.gov/resource/n9v6-gdp6.json?dos_id=1132850 (retrieved 2026-09-30)
• Sun Chemical, Leadership: https://www.sunchemical.com/about/leadership/ (retrieved 2026-09-30)

Group structure of SUN CHEMICAL CORPORATION

SUN CHEMICAL CORPORATION belongs to the DIC group. Its ultimate parent is DIC Corporation of Tokyo, which in its FY2025 securities report records the company as a consolidated “specified subsidiary” and gives its voting rights in it as 100.0%, all held indirectly. On its own website the company names its immediate parent as Sun Chemical Group Coöperatief U.A. of Weesp, the Netherlands. DIC’s report describes that Coöperatief as the holding and financing vehicle for Sun Chemical group companies, owned 100.0% indirectly by DIC. The level or levels between DIC and the Coöperatief are not named in the report.

According to DIC’s corporate history, DIC bought the graphic-arts division of the former Sun Chemical Corporation in December 1986 and launched it as the “new Sun Chemical”. The seller kept its own business and, according to Minnesota’s records, renamed itself Sequa Corporation on 6 October 1987. It is not part of this group. The present company was first registered in Minnesota in January 1987 under the name Sun/DIC Acquisition Corp.

Its GLEIF record gives no parent relationship. Instead it carries a “NON_CONSOLIDATING” reporting exception for both the direct and the ultimate accounting-consolidation parent. That conflicts with DIC’s own report, which lists the company as consolidated. Both statements are set out here.

For scale, DIC reported group net sales of ¥1,052,194 million and 20,884 employees for FY2025. Sun Chemical Group Coöperatief U.A. reported consolidated net sales of ¥577,194 million. These are group and sub-group figures, not the results of SUN CHEMICAL CORPORATION.

Verified corporate relationships

Recent structural changes

• December 1986: DIC acquired the former Sun Chemical Corporation’s graphic-arts division, which operates today as this company (DIC securities report, corporate history).
• 7 January 1987 and 6 October 1987: registered in Minnesota as Sun/DIC Acquisition Corp.; name changed to Sun Chemical Corporation (Minnesota file 38525).
• 1989: Polychrome Corp., acquired by DIC in 1979, was merged into Sun Chemical Corporation (DIC securities report). Minnesota records merger filings on 9 June 1989, 13 December 1989 and 9 April 1990 without naming the merging entities.

Data availability

Partial. The ultimate parent and its indirect 100.0% interest come from a dated regulatory filing. The immediate parent comes from the company’s website. No subsidiaries of SUN CHEMICAL CORPORATION could be verified: GLEIF records no child entities, and DIC’s report does not set out the chain below the Coöperatief.

Sources

• DIC Corporation, Annual Securities Report, 128th term (FY2025), sections on corporate history, key financial indicators and affiliated companies, EDINET doc S100XS2N: https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100XS2N.pdf (filed 2026-03-23, retrieved 2026-09-30)
• Sun Chemical, About: https://www.sunchemical.com/about/ (retrieved 2026-09-30)
• GLEIF LEI record 549300W1XKGLUIPOH435, direct and ultimate parent reporting exceptions: https://api.gleif.org/api/v1/lei-records/549300W1XKGLUIPOH435/direct-parent-reporting-exception (retrieved 2026-09-30)
• GLEIF LEI record 5493005KHV7KXOKIOH96: https://api.gleif.org/api/v1/lei-records/5493005KHV7KXOKIOH96 (retrieved 2026-09-30)
• Minnesota Secretary of State, files 38525 and 5899: https://mblsportal.sos.mn.gov/Business/SearchDetails?filingGuid=875cd95f-add4-e011-a886-001ec94ffe7f and https://mblsportal.sos.mn.gov/Business/SearchDetails?filingGuid=7823f352-acd4-e011-a886-001ec94ffe7f (retrieved 2026-09-30)