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Medium-Term Business Plan FY2021-FY2022 Current Status[PDF:0.78MB/16p]
December 17, 2021 at 04:39 am IST
FY2021-FY2022
Medium-Term Business Plan
Building a Foundation to Realize the "Vision for 2030"
ZEON CORPORATION
Kimiaki Tanaka, President and CEO
October 29, 2021
Contents
Strategy 1
Strategy 2
Strategy 3
Shareholder Returns
2
© ZEON CORPORATION. All rights reserved.
Directions and Strategies for 2030
Vision
Live up to societal expectations
for 2030
Directions
Continuing to
Providing products
for 2030
and services
contribute to a
(What we
indispensable to
sustainable society
want to be)
society
Live up to aspirations of employees
Taking vigorous action with the steps "Let's try first" "Let's connect" and
"Let's polish up"
3
Formulate three Strategies based on the directions for 2030
3
© ZEON CORPORATION. All rights reserved.
Strategies and Targets for 2030
Strategies
1 Promote
a transformation of "monozukuri" to realize carbon neutrality and circular economy
2
"Polish up" existing
businesses
"Explore"
new businesses
3 Work together to create "stages" to be active on
Key Policies (2021-22)
Formulate a master plan for carbon neutrality looking toward the year 2050
Strengthen COP and battery materials
Ensure the survival of existing SBUs
Focus resources on key areas
Provide a greater variety of life choices
Targets for 2030
To be set based on published guidelines including those of the Japan Chemical Industry Association
50 % sales ratio of products that contribute to the SDGs
ROIC for existing businesses: 9.0 %
New business sales:
+60 billion yen
(compared to FY2019)
Employee engagement: 75 %
Ratio of foreign
30%
and female executives:
4
© ZEON CORPORATION. All rights reserved.
Strategies
1 Promote
a transformation of "monozukuri" to realize carbon neutrality and circular economy
2
"Polish up" existing
businesses
"Explore"
new businesses
Key Policies
Formulate a master plan for carbon neutrality looking toward the year 2050
Strengthen COP and battery materials
Ensure the survival of existing SBUs
Focus resources on key areas
Targets for 2030
To be set based on published guidelines including those of the Japan Chemical Industry Association
50 % sales ratio of products that contribute to the SDGs
ROIC for existing businesses: 9.0 %
New business sales:
+60 billion yen
(compared to FY2019)
3 Work together to create "stages" to be active on
Provide a greater variety of life choices
Employee engagement:
Ratio of foreign
and female executives:
© ZEON CORPORATION. All rights reserved.
This is an excerpt of the original content. To continue reading it, access the original document here .
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Disclaimer
Zeon Corporation published this content on 16 December 2021 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 16 December 2021 23:08:03 UTC .
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CI
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
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ZEON CORPORATION is mainly engaged in the elastomer business. The Company operates in two business segments. The Elastomer segment mainly manufactures and sells synthetic rubber, synthetic latex, petroleum resins and thermoplastic elastomer. The High-function Material segment mainly manufactures and sells synthetic perfumes, organic synthetic chemicals, electronic materials, toner-related products, high-function resins and members, medical equipment. The Company also offers reaction injection molding (RIM) products, painting materials and others.
More about the company
Last Close Price
1,402
JPY
Average target price
1,513
JPY
Spread / Average Target
+7.90%
Consensus
1st Jan change
Capi.
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