Items stated in the management plan
FormulatedEach line is the climb from the baseline the document states to the target it sets. The slope is scaled against the largest climb in this document. For metrics expressed as percentages, differences are shown in percentage points (pt).
With the 100th anniversary of the company’s founding approaching in 2044, the company aims to take a new step toward the next 100 years. Based on multiple future scenarios developed through scenario planning, it identified the important issues that must be addressed to realize the Long-Term Vision. In addition, improving capital efficiency is an urgent issue, making it imperative to examine the appropriate level of equity capital and take measures to ensure capital discipline.
| Item | Details |
|---|---|
| Plan name | 2045 Long-Term Vision / Outline of the New Medium-Term Management Plan (FY2026–FY2030) |
| Plan period | FY2026–FY2030 (the target year for the Long-Term Vision is 2045) |
| Progress against the plan | Formulated |
| Sales Target | ¥1,484 100 million → ¥2,000 100 million（+34.8%） |
| Operating profit target | ¥145 100 million → ¥175 100 million（+20.7%） |
| Net income target | ¥77 100 million → ¥124 100 million（+61.0%） |
| ROE target | 7.8 % → 10 %（+28.2%） |
| ROIC target | 8.1 % → 8.5 %（+4.9%） |
| Payout ratio / DOE policy | Dividend on equity ratio (DOE) of at least 4.5%. The period covered is Not disclosed. |
| Plan assumptions | Based on organic growth, ¥/US$155.00, ¥/CNY22.80, Naphtha (¥/KL) 70,000 |
| Key initiatives | Optimizing the business portfolio and improving productivity across management, Creating Next-Generation Businesses, Implementation of sustainability management, Establishing a management foundation that earns the trust of stakeholders, Improving capital efficiency and enhancing the company’s appeal to the stock market |
| Reason for revision or withdrawal | With the 100th anniversary of the company’s founding approaching in 2044, the company aims to take a new step toward the next 100 years. Based on multiple future scenarios developed through scenario planning, it identified the important issues that must be addressed to realize the Long-Term Vision. In addition, improving capital efficiency is an urgent issue, making it imperative to examine the appropriate level of equity capital and take measures to ensure capital discipline. |
| Risks identified | The supply structure for raw materials and energy, Assessment of product value |
| Publication date | 6 August 2026 |
Items this document does not state (11)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To evolve the business based on technology and quality by envisioning multiple futures through scenario planning, in preparation for the 100th anniversary of the company’s founding in 2044 and the next 100 years beyond. In addition, improving capital efficiency is an urgent issue, making it necessary to review the appropriate level of equity capital and capital discipline.