Worth reading
12Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
Key initiatives
01Consideration of spinning off the petrochemicals business
02Potential integration and restructuring with other companies
Plan assumptionsChanges in demand structures in Japan and overseas, Declining competitiveness overseas, particularly in East Asia, The impact of the recent situation in the Middle East
Risks identified by the company
Changes in demand structures in Japan and overseas
Declining competitiveness overseas, particularly in East Asia
The impact of the recent situation in the Middle East
| Item | Details |
|---|---|
| Plan name | KAITEKI Vision 35 |
| Plan assumptions | Changes in demand structures in Japan and overseas, Declining competitiveness overseas, particularly in East Asia, The impact of the recent situation in the Middle East |
| Key initiatives | Consideration of spinning off the petrochemicals business, Potential integration and restructuring with other companies |
| Risks identified | Changes in demand structures in Japan and overseas, Declining competitiveness overseas, particularly in East Asia, The impact of the recent situation in the Middle East |
| Publication date | 25 May 2026 |
Items this document does not state (20)
Plan periodProgress against the planSales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetNon-financial targetsResults under the previous planReason for revision or withdrawalSize of the Target MarketDate of board resolution
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.The business environment for the petrochemicals business has become increasingly challenging as demand structures have changed in Japan and overseas, with competitiveness declining particularly in East Asia. The company determined that fundamentally transforming and strengthening its business foundation, and advancing industry restructuring and integration with other companies, are essential to ensure a stable supply of basic chemicals, enhance value-added content and strengthen the resilience of the supply chain.
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