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Sumitomo Chemical seeks to maximize corporate value by creating both economic and social value. In this way, we aim to meet the expectations of shareholders and investors, and to achieve sustained growth and a sustainable society.
We are also committed to our Business Philosophy, which is founded on the Sumitomo Spirit and articulates Sumitomo Chemical’s ethos, missions and values:
1. We commit ourselves to creating new value by building on innovation.
2. We work to contribute to society through our business activities.
3. We develop a vibrant corporate culture and continue to be a company that society can trust.
Currently, we are advancing our fiscal 2022 to fiscal 2024 Corporate Business Plan under the slogan, Change and Innovation—with the Power of Chemistry. We aim to use our strengths in diversity—from business and technology to geography and people—to broadly pursue a Green Transformation (GX), leveraging the Power of Chemistry to the hilt to address social challenges such as carbon neutrality and preserving the ecosystem. Through these activities we will make powerful contributions aimed at resolving social challenges in four priority areas--the environment, food, healthcare and ICT (Information Communications Technology).
I would like to ask all our shareholders for continued understanding and support.
Keiichi Iwata
Representative Director & President
(Reference)
We aim to consistently achieve the following performance targets in the medium- to long-term:
| ROE | 10% or higher |
|---|---|
| ROI | 7% or higher |
| D/E ratio | approx. 0.7 times |
| Dividend payoutratio | approx. 30% |