Governance structure
The company launched the long-term management plan Evolution2035 and the medium-term management plan Evolution2035 Phase1, and presented a plan focused on growth investment, new businesses and M&A, and improving profitability and capital efficiency.
| Item | Details |
|---|---|
| Committee | Sustainable Management Committee (percentage of external members: Not disclosed) |
| Changes this time | The company launched the long-term management plan Evolution2035 and the medium-term management plan Evolution2035 Phase1, and presented a plan focused on growth investment, new businesses and M&A, and improving profitability and capital efficiency. |
Items this document does not state (6)
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 strengthen the earnings base and capital efficiency by addressing issues remaining from the previous medium-term management plan, including declining profitability and management efficiency, delays in launching new businesses, and surging raw material prices, while pursuing growth through the expansion of existing businesses as well as the creation of new businesses and M&A.