Long-term Vision
We have established two missions and five basic strategies to "Become an excellent company in the field of functional materials," which is what we want to be in 10 years.
"Where We Want to Be in 10 Years"
Become an excellent company in the field of functional materials
Missions
Leverage our technological capabilities in niche markets so we can continue contributing to society
Work on finding solutions and create new value for a sustainable society
Basic strategy
1）Secure a competitive advantage through technology initiatives
We are focusing on (1) Functional Materials for IT and Electronics (batteries, electronic circuits, etc.), and (2) Life Science & Personal Care (cosmetic materials), as the New development markets with high growth potential, and (3) Mobility (electrification, CASE-ready), and (4) Environmentally friendly packaging (Gas barrier materials) as the Continuous development markets that leverage the strengths of existing businesses.
2）Expand overseas business to strengthen business foundation
We will expand sales of products that have been highly evaluated domestically in response to the needs of high GDP growth markets (Southeast Asia and South Asia), as well as high value-added products targeting developed countries, primarily Europe and the United States.
3）Promote ESG-focused management to realize a sustainable society
We will expand sales of sustainable products and strengthen our sustainability promotion system.
4）Promote HR strategy and DX
In the area of HR strategy, we will review our HR system, including a more meaningful evaluation system, in order to foster a corporate culture full of vitality and innovation. In the area of DX promotion, we will promote a shift to data-driven business and improve competitiveness by increasing operational efficiency through digitalization and building a foundation based on data accumulation.
5）Implement capital-efficiency-oriented management
To enhance corporate value over the medium to long term, we aim to achieve ROE of 9% and ROA of 5% as soon as possible by improving profitability (investing in growth areas and strengthening profitability of existing businesses) through basic strategies (1) through (4) above and promoting BS management (strengthening shareholder returns and implementing M&A investments) through "financial strategies".