Sanyo Chemical Industries, Ltd. has set the long term goal aiming at our vision for 2027 to achieve sustainable growth. The Tenth Medium-Term Management Plan, “New Sanyo for 2027” which covers the next three-year period from FY 2018 through FY 2020 was formulated to realize this vision.
Sanyo Chemical Group has carried out the Ninth Medium-Term Management Plan (FY2015-FY2018) to become a “unique and excellent corporate group globally” by creating valuable products with customers based on our company motto “Let us contribute to building a better society through our corporate activities.”
In addition to major changes in the business environment, such as fluctuations in raw material costs and intensified competition in SAP (superabsorbent polymer) business, the management system also underwent major changes, including the introduction of the divisional organization system and the launch of projects in collaboration with other companies. According to such changes, we have started the Tenth Medium-Term Management Plan in FY 2018, one year ahead of schedule.
Sanyo Chemical Group has set the long term goal aiming at our vision for 2027: “We have grown to be a unique, global, Sanyo Chemical Group has set the long term goal aiming at our vision for 2027: “We have grown to be a unique, global, and highly profitable company, where all our employees proud themselves, find meaning in their work, and contribute to society”. The Tenth Medium-Term Management Plan “New Sanyo for 2027” which covers the next three-year period from FY2018 through FY2020 was formulated to realize this vision. Under the slogan of “KAERU ;1)Shift to high-value-added products, 2)Accelerate business from the customer perspective, 3)Eliminate “Waste, Impracticality and Inconsistency”, 4)Encourage flexible and diverse work styles and approaches, 5)Create an open corporate climate”, the plan promotes innovation and seeks to achieve consolidated net sales of “￥180.0 billion or higher, operating income of ￥18.0 billion or higher, and return on equity (ROE) of 10% or higher by FY2020, the final fiscal year of the plan.