Transforming into a business structure resilient to changes in the operating environment

「To realize its long-term vision for 2032, "a corporate group that refines its proprietary technology and product development capabilities, builds a new growth trajectory through the creation of business fields aimed at solving environmental and social issues and through business-structure transformation, and continues to grow with the development of society," the Group aims to establish a new growth trajectory through transformation of its business portfolio.」

「The Group is strengthening its technological capabilities in liquid crystal display-related fields in the Chinese market and working to maintain and expand its market share, while focusing on exploring and capturing new demand in growth fields such as automotive and information and electronics and expanding its stable earnings base and improving profitability. It is also promoting growth investment in the development and exploration of applications for non-acrylic products, establishment of a technological foundation for biomass materials and product development, expansion into new overseas business regions, and new-business development, thereby pursuing business-structure reforms through the creation of next-generation business fields.」

「Under these conditions, the Group is focusing on strengthening its competitiveness and expanding its market share in the Chinese market, where demand for liquid crystal display-related products is growing, while promoting the development of new applications and customer bases in growth areas such as automotive and information and electronics, and working to expand its stable earnings base and improve profitability. It is also promoting the development and sale of non-acrylic products, the establishment of core technologies for biomass materials and product development, and the exploration of new overseas business regions, thereby creating business fields for transformation into a business structure resilient to changes in the business environment.」

「The Group's vision is to continue growing with the development of society by refining its proprietary technology and product development capabilities, building a new growth trajectory through the creation of business fields aimed at solving environmental and social issues and through business-structure transformation, identifying new business opportunities in changes in the business environment, and creating next-generation business fields to transform into a resilient business structure capable of withstanding earnings volatility risk.」

「Under these conditions, the Group is promoting the strengthening and rationalization of its production and supply structure in response to growing demand for liquid crystal display-related products as the shift toward China progresses, while focusing on capturing new demand in growth fields such as automotive and information and electronic devices to expand its stable earnings base and improve profitability. It is also working to transform its business structure to make it resilient to changes in the business environment by developing biomass materials and products and innovative production processes and strengthening its new-business development structure.」

「Under these conditions, the Group is promoting the strengthening and rationalization of its production and supply structure in response to growing demand for liquid crystal display-related products as the shift toward China progresses, while focusing on capturing new demand in growth fields such as automotive and information and electronic devices to expand its stable earnings base and improve profitability. It is also working to transform its business structure to make it resilient to changes in the business environment by developing biomass materials and products and innovative production processes and strengthening its new-business development structure.」

「The Group is promoting the strengthening and rationalization of its production and supply structure in response to growing demand for liquid crystal display-related products as the shift toward China progresses, while focusing on capturing new demand in growth fields such as automotive and information and electronic devices to expand its stable earnings base and improve profitability. It is also working to transform its business structure to make it resilient to changes in the business environment by developing biomass materials and products and innovative production processes and strengthening its new-business development structure.」

「In its three-year medium-term management plan "Advance 2025," beginning in fiscal 2023, the Group aims to build a management foundation for stable profit growth by enhancing cash-generation capacity through the maintenance and expansion of its earnings base and improvements in profitability, actively investing management resources in the creation of new business fields to transform its business portfolio, and」

「To achieve sustainable growth and enhance corporate value, the Group is working to establish a growth foundation by creating new business opportunities in growth fields such as automotive and information and electronics, and to establish a new-business development structure aimed at solving social issues through collaboration with research institutions and startups in medical healthcare, environmental, and energy fields.」

「To achieve sustainable growth and enhance corporate value, the Group is working to establish a growth foundation by creating new business opportunities in growth fields such as automotive and information and electronics, and to establish a new-business development structure aimed at solving social issues through collaboration with research institutions and startups in medical healthcare, environmental, and energy fields.」

「Under the vision of "opening the door to new markets by addressing the challenges faced by future society, in addition to creating value that fulfills customers' aspirations," the Group will provide high-value-added products and services that anticipate rapidly changing market and customer needs, while using external resources in addition to the proprietary technologies and expertise it has developed to address challenges arising from changes in the social environment. It will pursue the creation of more sophisticated solutions and aim to sustainably enhance corporate value by transforming its business structure to make it resilient to changes in the business environment.」

「The Group is making every effort to address increasingly serious difficulties in procuring raw materials and surging prices, maintain a stable supply of products, and secure appropriate profits. At the same time, toward sustainable growth, it is actively working to increase production and supply capacity in anticipation of medium- to long-term demand, strengthen product development and sales structures in growth areas such as automotive and information and electronics, where technological innovation is advancing, and develop new businesses in fields such as medical healthcare and energy aimed at solving social issues.」

「The Group is working to strengthen its product development and sales structure in growth areas such as automotive and information and electronics, where technological innovation is advancing, and to develop new businesses in fields such as medical healthcare and energy aimed at solving social issues, in order to build a resilient management foundation capable of responding swiftly and flexibly to changes in the business environment and establish a new growth trajectory.」

「Under these conditions, the Group is thoroughly implementing measures to prevent infection with the novel coronavirus while responding swiftly and flexibly to changes in market and customer needs. To strengthen the earnings base of existing businesses and create new business fields, it is expanding R&D functions and production capacity at its Chinese business bases, promoting cross-organizational strategies focused on synergies among businesses in growth fields such as automotive, energy, and healthcare, and establishing an ongoing new-business development structure that anticipates future changes in the social environment and technological innovation.」

「Under these conditions, the Group is thoroughly implementing measures to prevent infection with the novel coronavirus while responding swiftly and flexibly to changes in market and customer needs. To strengthen the earnings base of existing businesses and create new business fields, it is expanding R&D functions and production capacity at its Chinese business bases, promoting cross-organizational strategies focused on synergies among businesses in growth fields such as automotive, energy, and healthcare, and establishing an ongoing new-business development structure that anticipates future changes in the social environment and technological innovation.」

「Under these conditions, the Group is thoroughly implementing measures to prevent infection with the novel coronavirus while responding swiftly and flexibly to changes in market and customer needs. To strengthen the earnings base of existing businesses and create new business fields, it is expanding R&D functions and production capacity at its Chinese business bases, promoting cross-organizational strategies focused on synergies among businesses in growth fields such as automotive, energy, and healthcare, and establishing an ongoing new-business development structure that anticipates future changes in the social environment and technological innovation.」

「Under the vision of "opening the door to new markets by addressing the challenges faced by future society, in addition to creating value that fulfills customers' aspirations," we will provide high-value-added products and services that anticipate rapidly changing market and customer needs, while using external resources in addition to the proprietary technologies and expertise we have developed to address challenges arising from changes in the social environment. We will pursue the creation of more sophisticated solutions and aim to sustainably enhance corporate value by transforming our business structure to make it resilient to changes in the business environment.」

「Promoting business-structure reforms through a shift of resources toward high-value-added product fields and optimization of the Group's sales, development, and production structures」

「Strengthening the earnings base of existing businesses by expanding production capacity in response to growing demand for large liquid crystal displays in the Chinese market and strengthening product development and proposal capabilities that anticipate market and customer needs, while promoting business-structure reforms through a shift of resources toward high-value-added product fields and optimization of the Group's sales, development, and production structures」

「To shift to a more profitable business structure resilient to changes in the business environment, the Group is promoting business-structure reforms, including differentiation through a shift of resources toward high-value-added product fields and optimization, rationalization, and efficiency improvements across the Group's sales, development, and production structures.」

「Under these conditions, the Group is working to expand the scale of its business by increasing the share of existing businesses centered on liquid crystal display-related fields in the Chinese market and developing new markets in Southeast and South Asia; improve profitability by optimizing the Group's production and supply structure and developing and rolling out high-value-added products; explore and establish a growth model for new businesses by integrating its nanoimprint and processed-products businesses; and strengthen its R&D structure to create new products and services in fields such as automotive and healthcare, where technological innovation is advancing.」

「Under these conditions, the Group is working to expand the scale of its business by increasing the share of existing businesses centered on liquid crystal display-related fields in the Chinese market and developing new markets in Southeast and South Asia; improve profitability by optimizing the Group's production and supply structure and developing and rolling out high-value-added products; explore and establish a growth model for new businesses by integrating its nanoimprint and processed-products businesses; and strengthen its R&D structure to create new products and services in fields such as automotive and healthcare, where technological innovation is advancing.」

「Improving profitability through optimization of the Group's production and supply structure and the development and rollout of high-value-added products」

「To continue providing more sophisticated solutions that anticipate customer needs, we will pursue the creation of new products and services by combining the proprietary technologies and expertise we have developed with external technologies, and aim to sustainably enhance corporate value by transforming our business structure to make it resilient to changes in the business environment.」

「Under these business conditions, the Group is working to strengthen its ability to respond to needs and its production and supply structure in the Chinese market, where industrial clusters related to liquid crystal displays, its core business field, are developing; expand its market share through the development and rollout of environmentally friendly products, for which demand is increasing; expand sales of new businesses, including nanoimprint-related products; and strengthen its R&D structure for the creation of new products and services in the future.」

「Under these business conditions, the Group is working to strengthen its ability to respond to needs in the Chinese market, where industrial clusters related to liquid crystal displays, its core business field, are developing; expand its market share through the development and rollout of environmentally friendly products, for which demand is increasing; expand sales of new businesses, including nanoimprint-related products; and strengthen its R&D structure for the creation of new products and services in the future.」

「To continue providing more sophisticated solutions that anticipate customer needs, we will pursue the creation of new products and services by combining the proprietary technologies and expertise we have developed with external technologies, and aim to sustainably enhance corporate value by transforming our business structure to make it resilient to changes in the business environment.」

「The Group aims to transform its business structure so that it is resilient to changes in the business environment」