What is the company's growth strategy?
Mid-term management plan
As our 13th Mid-Term Management Plan (FY2022-FY2024), we have formulated a plan titled "CREATE THE NEW VALUE" STEP 1: Strengthening Businesses with Strengths and Narrowing Growth Fields.
CREATE THE NEW VALUE
Basic Strategy Ⅰ Establish a stable financial foundation and enhance profitability
(1) In a highly uncertain business environment, we will increase the safety of our financial base by making flexible use of the Group's internal funds. (2) We will pursue highly efficient profit generation with an awareness of the cost of capital. (3) We will expand our strategic investment line and invest capital in R&D and business alliances with a view to future growth.
Basic Strategy Ⅱ Create value and sew seeds for 2030 by strengthening R&D
In the Resin Processed Products Business, we aim to win orders for high value-added parts and develop new customers. In the Chemical Business, we will expand existing business by capturing the needs of over 3,000 customers. Moriroku Holdings will create new business themes targeting the environment and life science areas by utilizing the strong resources of these operating companies and exercising its corporate planning and finance functions.
Basic Strategy Ⅲ Increase management resilience by promoting sustainable activities
Through the promotion of sustainability activities, we aim to build a flexible and tenacious management foundation and realize a sustainable society. We will achieve our three key goals (GHG emissions reduction rate, renewable energy adoption rate, and employee engagement) to become a company that is sought by society and loved by its employees.
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