Medium-term Management Plan
The Company has set up a medium-term management plan for FY ending March 31, 2023 to FY ending March 31 2027 as "Beyond 500".
Towards the achievement of sales of 50 billion in the next five-year plan
1. Management Philosophy
Toyo Gosei is conducting business to support the advancement of civilization through projects based on human talent, creativity, science, and technologies. Then Toyo Gosei growing itself to increase its contribution.
2. The concept of Medium-term Management Plan
In the field of electronic materials, where demand is expected to grow further in the future, we will further refine the high-purity synthesis that we have cultivated over many years and our refining technology as well as strengthen a stable supply system that meets customer quality, then achieve growth in people, organizations, and businesses. As the result we contribute to the realization of a sustainable decarbonized society as the world's No.
1 DANTOTSU (outstanding) company.
In the future, optimal operation of all devices will be essential for the realization of a sustainable decarbonized society, and it is expected that electronic devices and semiconductors will play a role in future social infrastructure with plans to increase the capacity of real-time networks and utilize AI.
Especially in the semiconductor field, market growth is expected to more than double in the next 10 years, strategic investment competition is already accelerating in countries around the world, and supply of many functional materials is expected to expand toward the realization of higher performance electronic devices.
To achieve this, we will further refine the high-purity synthesis and refining technologies that we have cultivated over many years, strengthen the stable supply system that meets the rapidly increasing demand and customer quality, then aim for the three pillars of growth for people, organizations, and businesses.
3. Vision of the Medium-term Management Plan
We will create the future by taking each customer issue and technical issue seriously, solving them from an original perspective, then achieving both ultra-high quality as the world's No. 1 DANTOTSU (outstanding)and productivity improvement.
4. Projection for the FY ending March 2023
FY2021 Results
・Net sales: ￥30 billion
・Operating profit: ￥4.6 billion (14%)
FY2026 Projection
・Net sales: Over ￥50 billion
・Operating profit: Over ￥8 billion (Over 16%)
・CAPEX: ￥30 billion (Cumulative)
※FX Rate: ￥115/$
5. Company strategy
Human resource development
- Investment and realization in a fulfilling work environment and human resources development environment for long-term continuous business expansion.
- Development of organizational functions that enable timely and autonomous decision-making.
- Fostering next-generation leaders who will lead the business globally.
Strengthening of technologies strategy
- Strengthening and collaborating with R & D and manufacturing technology with the aim of achieving both customer quality and productivity.
- Real-time visualization of the world's highest-purity manufacturing technology and process control by DX, and improvement of productivity by utilizing it.
- Exploration of next-generation technologies / development of elemental technologies / enhancement of new business promotion system.
Strengthening the management base
- Improvement of safety technology in the supply chain of high-performance materials.
- Strengthening the financial structure to realize agile capital investment.
- Realization of environment-friendly energy management and reduction of CO2 intensity.
- Realization of management that respects regional contribution and diversity.
6. Segment Strategy
Strategic business expansion of the photosensitive materials segment
- Sufficient investment to increase production capacity to meet growing demand.
- Achieving both ultra-high purity synthesis and productivity improvement that support advanced semiconductors.
- Strengthen our R & D capabilities to achieve customer quality and contribute to technological innovation in electronic materials.
Strengthening the business of the chemical products segment
- Strengthening the quality, development and stable supply system of ultra-high purity solvents for advanced semiconductors.
- Promote automation at chemical tank terminals and further improve customer satisfaction.
Strengthening business collaboration
- In response to the destabilizing supply chain, we strengthen the linkage among the tank terminal business, ultra-high-purity refining capacity and high-purity synthetic capacity to realize a stable supply of functional chemicals and high added value in the supply chain.
May 11,2022