Reform of the Management Structure and Renewal of the Organization

「Against this backdrop, the Group accelerated efforts to strengthen the profitability of its existing domestic businesses through integrated group management centred on the unit system, while building a foundation for the industrial gas business overseas, a future growth area, and creating new carbon-neutral and agriculture-related businesses that contribute to solving social issues.」

「The company established the Global & Engineering Group to centrally manage and promote its overseas operations, including governance and risk management, while overseeing the engineering functions essential to supplying industrial gases.」

「Based on this basic policy and management strategy, the company is building a management structure in which the head-office organization and group companies operate as an integrated unit, centered on a “unit-based system,” to maximize synergies generated from the group's management resources of “diverse businesses, human resources and technologies.” At the same time, it is working to expand growth areas, strengthen profitability and develop new businesses.」

「Based on this basic policy and management strategy, the group established an integrated management structure combining the company's head-office organization and group companies to maximize synergies created from its management resources—“diverse businesses, human resources, and technologies.” It worked to expand growth areas, including industrial gases in India and North America and electronics-related fields, strengthen the earnings power of existing businesses centered on wellness, and develop new businesses, including decarbonization-related operations.」

「In April this year, as a foundation for realising its long-term vision, the company implemented a large-scale organisational reform and transitioned to a management structure in which the company's head office organisation and group companies operate as one, with the aim of creating synergies by integrating and optimising the group's management resources: its diverse businesses, people and technologies.」

「In addition, effective 1 October this year, we integrated 8 regional operating companies into 3 new companies as part of a management organizational reform, in order to build a strong business foundation to drive improved earning power and sustainable growth in Japan going forward.」

「To build a strong business base that will drive improved profitability and sustainable growth in Japan, the company will implement management reform effective 1 October this year by integrating the current eight regional operating companies into three new companies.」

「As of 1 October of this year (予定), the company plans to integrate the existing regional operating companies, changed from 8 to 3, with the aim of expanding the respective business areas as independent operating companies that coexist with their local communities.」

「The company also restructured its business portfolio, including the establishment of a new logistics company, while strengthening its regional business strategy, centered on appointing regional representative officers. It worked to maximize the group's overall capabilities by integrating its diverse business base with the functions of eight regional operating companies nationwide.」

「In light of the expansion of our Group's business and its future growth strategy, we reformed our management structure effective 1 April this year, including the appointment of a new representative director and president, who serves as chief operating officer (COO). The reform is intended to progressively rejuvenate the structure while maintaining management continuity. We established the President's Office as the department responsible for the president and COO's executive functions, and are developing the management structure needed for the Group to continue growing and developing over the long term, including appointing regional representative officers and establishing a new logistics company.」