Items stated in the management plan
Summary of the 11th Medium-Term Management Plan / Postponement of the announcement of the 12th Medium-Term Management PlanEach 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).
Against the backdrop of the recent worsening of conditions in the Middle East, uncertainty over the procurement of petrochemical products closely associated with the company's products, as well as the risk of price increases, has become apparent, leaving the outlook for the business environment surrounding the company uncertain. In light of these circumstances, the company determined that the impact of the external environment, which forms the basis for its earnings plan, requires more careful verification, and has therefore decided to postpone the announcement of the 12th Medium-Term Management Plan at this time.
| Item | Details |
|---|---|
| Plan name | 11th Medium-Term Management Plan / 12th Medium-Term Management Plan |
| Plan period | 11th: FY2023–FY2025 / 12th: Scheduled to begin in FY2026 (final year: Not disclosed) |
| Progress against the plan | Summary of the 11th Medium-Term Management Plan / Postponement of the announcement of the 12th Medium-Term Management Plan |
| Sales Target | ¥63,000 million → ¥55,636 million（-11.7%） |
| Operating profit target | ¥4,000 million → ¥2,271 million（-43.2%） |
| ROE target | 8 ％ → 7 ％（-12.5%） |
| Plan assumptions | Worsening conditions in the Middle East, uncertainty over the procurement of petrochemical products, the risk of higher petrochemical product prices, and changes in market conditions. Numerical assumptions: Not disclosed |
| Key initiatives | Expansion of technology development, Strengthening of priority businesses, Improving the profitability of core businesses, Sustainability initiatives, Strengthening the management foundation |
| Results under the previous plan | Net Sales 63,000 / Operating profit 4,000 / ROE 8 → Net Sales 55,636 / Operating profit 2,271 / ROE 7（Net Sales -11.7 / Operating profit -43.2 / ROE -12.5） |
| Reason for revision or withdrawal | Against the backdrop of the recent worsening of conditions in the Middle East, uncertainty over the procurement of petrochemical products closely associated with the company's products, as well as the risk of price increases, has become apparent, leaving the outlook for the business environment surrounding the company uncertain. In light of these circumstances, the company determined that the impact of the external environment, which forms the basis for its earnings plan, requires more careful verification, and has therefore decided to postpone the announcement of the 12th Medium-Term Management Plan at this time. |
| Risks identified | Pricing measures to absorb the impact of higher raw material prices, Uncertainty over the procurement of petrochemical products due to worsening conditions in the Middle East, Risk of higher petrochemical product prices, Changes in the market environment |
| Publication date | 14 May 2026 |
Items this document does not state (13)
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.Against the backdrop of worsening conditions in the Middle East, uncertainty over the procurement of petrochemical products closely associated with the company's products, as well as the risk of price increases, has become apparent. This has made the outlook for the business environment uncertain. The company determined that the impact of the external environment, which forms the basis for its earnings plan, requires more careful verification.