Management Policy and Indicators
The Company and its affiliates have established the following policy with respect to management as the basis of our business activities. In addition, we have set a common goal for management indicators and are working toward its achievement. Through these efforts, we strive to grow even further in our global business activities.
1.Our Basic Management Policy
To achieve continuous growth and to realize medium- to long-term corporate value, we are continuing the following four strategies.
(1) Achievement of a 50% overseas sales ratio
We aim to invest in overseas production bases and increase sales to improve overall earnings of our Group.
(2) Expansion of domestic manufacturing system
Keeping in mind relocation or a scrap-and-build of a new facility, our business expansion is aimed at increasing output of products for which we expect demand to grow. We pursue new and highly efficient facilities, labor-saving facilities, and appropriate placement, and promote environmental measures and personnel training.
(3) Focus on R&D in developing fields
Using pigment synthesis and surface treatment, formulation and dispersion processing, and polymer synthesis technologies, we aim to dive into and develop our Group’s core technologies, while creating a foundation for the following four targets.
- • Environment (polyurethane derived from carbon dioxide, etc.)
- • Energy (carbon nano-tube dispersants, etc.)
- • Personal care (natural polymers for personal care, etc.)
- • IT and electronics (highly functional polymers with various functional designs, etc.)
(4) System restructuring
We are conducting the following.
- • Introduction of an ERP system
To achieve accurate and swift decision-making, we are introducing an ERP system that monitors our Group’s real-time management data.
- • Streamlining of the logistics system
We are streamlining the system to achieve both transportation and inventory cost reductions and improving services for our customers.
2.Targeted Management Indicators
A consolidated return on assets (ROA) (ratio of ordinary income to total assets) of 5% or higher is targeted as the group's main management objective. The Company aims to achieve this goal through implementation of the measures above, as well as by efficient investment of assets, increased profitability, and improvement and strengthening of our financial position.