1 Revitalizing Domestic Business
Fundamentally Revise Pricing Policy
While profitability is deteriorating due to declining domestic demand, we also need to fulfill our social responsibility to contribute to a recycling-based society and secure the necessary investment funds to respond to a recycling-based society and carbon neutrality. We will shift from an emphasis on market share to an emphasis on profitability, and aim to achieve improved profits.
Provide Total Solutions
We will shift from a sales style in which multiple sales representatives conduct sales based on their own knowledge and know-how to a sales style in which we provide total solutions to customers' needs through one-stop service and sales DX, and revitalize our domestic business by improving customer satisfaction and reducing costs.
Optimize Production Systems
We will strengthen the capacity of our production and logistics facilities to expand exports of blended cement, demand for which is increasing overseas. We will reduce costs by maximizing the acceptance of wastes and by-products as alternative raw materials and fuels and maximizing revenue from processing consignment fees, and also introduce energy saving equipment to reduce costs. In addition, we will conduct technological development to produce methane from the CO2 emitted from the manufacturing process for use as fuel.
2 Global Strategy
Strengthen our Earnings Base for Existing Businesses
We will steadily implement strategies for the U.S. and Southeast Asia to maximize profits at each overseas location.
Further Expand Business Areas
We will proactively expand our business domains in order to become a leader in the global cement industry by 2050.
Expand Trading Business
We will deliver blended cement, demand for which is increasing demand overseas, directly to customers through our own network. We will leverage our accumulated know-how to strengthen our logistics network.
3 Promoting Sustainability Management
Carbon Neutral Strategy
In response to the progress of global warming and the promotion of carbon neutrality to limit it, we will take a multifaceted approach, starting with five measures (expansion of sales of ”low-carbon” products, development of innovative equipment, development of CO2 absorption products, implementation and cooperation in carbon neutral model projects, and measures against severe disasters).
DX Strategy
We will make full use of rapidly developing ICT to improve the efficiency of operations throughout the company. This includes the promotion of smart factories, operational efficiency, and human resource development.
Human Capital Strategy
The development of the company depends on its human resources. We will promote human capital strategies.
| FY2023 | Targets | Target year | ||
| Zero Carbon | Reduction in specific net CO2 emissions per tonne (compared to 2000) |
10.2% | 10% or more | 2025 |
| Reduction in specific net CO2 emissions per tonne throughout the supply chain (compared to 2000) |
10.5% | 20% or more | 2030 | |
| DX | Development of DX Human Resources | ─ | 450 or more in total | 2026 |
| Human Capital | Fatalities (Group) (cases) | 2 | 0 | Every year |
| Ratio of Female Employees | 9.6% | 10% or more | 2026 | |
| Ratio of female managers | 2.0% | 5% or more (3% or more) | 2030 (2026) |
|
Allocation of funds
Net sales and operating income by segment
Preconditions: 26 Medium-Term Management Plan period
Domestic cement demand forecast 35 million tonnes/year
Assumed exchange rate 145 yen/US dollar
(Unit: 100 million yen)
| Net sales | Operating income | ||||
| FY2024 Results |
Plan for FY2027 |
FY2024 Results |
Plan for FY2027 |
||
| Cement | Japan | 2,952 | 3,500 | △14 | 350 |
| Overseas | 3,347 | 4,100 | 342 | 450 | |
| Sub-total | 6,299 | 7,600 | 328 | 800 | |
| Mineral Resources | 877 | 1,000 | 85 | 110 | |
| Environmental Business | 683 | 890 | 61 | 100 | |
| Building Materials & Civil Engineering | 735 | 920 | 42 | 70 | |
| Other forms of harassment | 894 | 1,000 | 47 | 70 | |
| Elimination | △624 | △710 | 2 | 0 | |
| Total | 8,863 | 10,700 | 565 | 1,150 | |
