Establishment of a New Business Development Division and Reorganization of the Company-Wide Research and New Business Development Structure

「The company is also strengthening its structure by integrating and reallocating the functions of its research organisations to accelerate research and development and product commercialisation. At the same time, it is strengthening coordination with existing businesses, seeking to create new businesses and develop existing businesses, while clarifying responsibility and operating structures for research and development.」

「To further accelerate this research and development and product commercialisation, the company is reorganising the New Business Development Division and strengthening the research and development structures of the Corporate Research Division, the Denka Innovation Center and the existing business divisions. It intends to strengthen the creation of new businesses and further develop existing businesses, clarify responsibility and operating structures for research, closely monitor market trends and respond reliably and quickly to next-generation market needs, thereby leading to early commercialisation.」

「To strengthen efforts to create new businesses for the next generation and ensure the sustainable development of existing businesses, the company established the New Business Development Division on 1 April 2022 and is reorganising its company-wide research and new business development structure.」

「To strengthen efforts to create new businesses for the next generation and ensure the sustainable development of existing businesses, the company established the New Business Development Division on 1 April 2022 and is reorganising its company-wide research and new business development structure. Looking ahead to the next management plan beginning in fiscal 2023, the company has reaffirmed that the ultimate goal of research and development is new business development. Under the New Business Development Division, it has placed organisations responsible for carrying out the entire process from business planning through concept validation, incubation and commercialisation, including the Denka Innovation Center, which is primarily responsible for basic research, and is working to clarify responsibility and operating structures for new business development. The research departments that previously handled the specialisation of existing businesses have been placed under the respective business divisions, and the company is working to clarify responsibility structures and accelerate development.」