Restructuring the Plant Business Through a Focus on Medium-Sized Projects and Specialization in Products and Regions
First written in FY2018-Q3. 2 of 4 entries say "Advanced", first in FY2025. Latest entry: FY2026.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「We will position O&M (operations and maintenance), fine chemicals, biopharmaceuticals, next-generation geothermal energy and critical minerals as growth drivers, and strategically allocate resources to India, Central Asia and Africa, our priority regions.」
The Company specified O&M, fine chemicals, biopharmaceuticals, next-generation geothermal energy and critical minerals as the growth sectors targeted for project selection and higher value-added offerings, and India, Central Asia and Africa as priority regions. - FY2025AdvancedAnnual report
「We are working to strengthen our ability to select projects. While maintaining our willingness to take on challenges that contribute to future success, systems and operations for firmly excluding unreasonable and reckless projects are beginning to function.」
In addition to the existing policy of concentrating on selected products and regions in which the Company has strengths, the Company states that it has begun operating a process to exclude unreasonable and reckless projects using risk sensitivity, lessons from past projects and risk appetite assessments. - FY2019RestatedAnnual report
「We pursue orders focused on products and regions in which we have strengths, strengthen board oversight of risk countermeasures for major and novel projects, and maintain a system under which top management, namely the president, vice presidents and CFO, jointly approve proposals before they are submitted.」
The Company continues to specialize in products and regions in which it has strengths and strengthen governance for major projects as measures to limit risk in the plant business. - FY2018-Q3First statedAnnual report
「② To restructure the plant business, we will focus on medium-sized projects to limit risk and specialize in products and regions where we can leverage our expertise, experience and locations.」
To limit risk in the plant business, the Company has identified as new priority measures a focus on medium-sized projects and specialization in products and regions where it can apply its own expertise, experience and locations.