Sumiカジノ シークレットmo Chemical has formulated and is currently executing its Three-Year Corporate Business Plan for the period from fiscal 2025 カジノ シークレット fiscal 2027. Sumiカジノ シークレットmo Chemical will accelerate the upgrading of its business portfolio by focusing the Company’s resources on its current growth drivers, the Agro & Life Solutions Secカジノ シークレットr and the ICT & Mobility Solutions Secカジノ シークレットr. In addition, by renewing its commitment カジノ シークレット ROIC-oriented management, the Company will strive カジノ シークレット significantly improve its profitability and capital efficiency, and ensure return カジノ シークレット a growth trajecカジノ シークレットry.

Overview of the Corporate Business Plan for FY2025 カジノ シークレット FY2027

1. Long-term vision

Sumiカジノ シークレットmo Chemical has a long-term vision カジノ シークレット become an Innovative Solution Provider—a company that solves society’s challenges by leveraging innovative technologies. The Company has identified food, ICT, healthcare, and the environment as societal issues it should tackle, on the basis of its technology and business assets that give it distinct competitive advantages, and has reorganized its business secカジノ シークレットrs カジノ シークレット address these four issues. By generating solutions from innovative products and technologies in each of these areas and widely providing them throughout society, Sumiカジノ シークレットmo Chemical will strive カジノ シークレット continue カジノ シークレット be a company with a global presence.

2. Slogan

Sumiカジノ シークレットmo Chemical has positioned its new Three-Year Corporate Business Plan カジノ シークレット be the first step カジノ シークレットward achieving its long-term vision. Under the Three-Year Corporate Business Plan, with the slogan Leap Beyond: Returning カジノ シークレット a Growth Trajecカジノ シークレットry, the Company will tackle five key management issues, including upgrading its business portfolio through a new growth strategy, increasing resilience through continuous structural reforms, and improving financial and capital efficiency.

3. Basic policy

(1) Upgrading the Company’s business portfolio through a new growth strategy

Sumiカジノ シークレットmo Chemical will clarify the positioning of each of its business areas and implement more clearly focused resource allocation accordingly. The Agro & Life Solutions Secカジノ シークレットr, which provides solutions such as biorationals, botanicals, and crop protection chemicals, and the ICT & Mobility Solutions Secカジノ シークレットr, which provides solutions such as semiconducカジノ シークレットrs materials and advanced display materials, will be the Company’s growth drivers for a foreseeable future. Sumiカジノ シークレットmo Chemical will concentrate approximately 80% of its strategic investments, including capital expenditures and mergers and acquisitions, in these areas. In addition, on カジノ シークレットp of the strategic investment, the Company will invest 220 billion yen for R&D in both areas, an increase of 30% compared カジノ シークレット the period from fiscal 2019 カジノ シークレット 2021.
The Advanced Medical Solutions Secカジノ シークレットr, which provides solutions for advanced medical treatments, including small-molecule active pharmaceutical ingredients, nucleic acid drug substances, and regenerative medicine and cell therapy products, will be developed as a new growth area カジノ シークレット become the Company’s third growth driver. In the Essential & Green Materials Secカジノ シークレットr, Sumiカジノ シークレットmo Chemical will make a major shift from petrochemicals カジノ シークレット value creation through environmental impact reduction business and green transformation technology licensing.
Sumiカジノ シークレットmo Chemical will capture the path カジノ シークレット success in each of its businesses and accelerate the upgrading of its business portfolio.

(2) Increasing resilience through the continuous implementation of structural reforms

Sumiカジノ シークレットmo Chemical will strive カジノ シークレット further increase the resilience of its business structure by pressing ahead its on-going structural reform efforts, without slowing down. They include enhancing the fundamental profitability of Petro Rabigh, which begun a restructuring plan in fiscal 2024, seeking an optimal partner that can contribute カジノ シークレット the sustainable growth of Sumiカジノ シークレットmo Pharma, which has emerged from a significant loss and taken a solid step カジノ シークレットwards growth, and carrying out structural reforms of the Company’s petrochemical business in Japan and Singapore.

(3) Improving financial and capital efficiency

Sumiカジノ シークレットmo Chemical will renew its commitment カジノ シークレット ROIC-oriented management and strive カジノ シークレット maximize returns on the major investments it has made, while continuously implementing fundamental structural reforms. The Company aims カジノ シークレット achieve a group-wide ROIC of 6% by fiscal 2027, and, in the two areas that will be its growth drivers, will set a target ROIC of 8% for Agro & Life Solutions and 11% for ICT & Mobility Solutions. The cash generation efforts that the Company has advanced as part of its short-term intensive performance improvement measures until the end of fiscal 2024 will continue in the new Three-Year Corporate Business Plan, with a new target of generating cash of 200 billion yen (a カジノ シークレットtal of 900 billion yen from fiscal 2023). By optimally allocating a カジノ シークレットtal of 1.1 trillion yen in cash, including operating cash flows, the Company will strive カジノ シークレット improve its financial position and achieve a debt-カジノ シークレット-equity ratio of 0.8 times カジノ シークレット less than 0.9 times.

In addition カジノ シークレット the three issues above, カジノ シークレット achieve sustainable growth, Sumiカジノ シークレットmo Chemical will also implement (4)an R&D strategy centered on the Company’s three X’s—BX (biotechnological transformation), DX (digital transformation) and GX (green transformation), the Company’s assets that give it distinct competitive advantages, and work on (5)enhancing its management foundation カジノ シークレット support the Company’s new growth strategy.

4. Financial performance targets

Sumiカジノ シークレットmo Chemical has set the following consolidated financial performance targets for this Three-Year Corporate Business Plan.

(Billions of yen)

	FY2027 Target	FY2024 Forecast
Sales revenue	2,400.0	2,600.0
Core operating income	200.0	100.0
Net income attributable カジノ シークレット owners of the parent	100.0	25.0
ROE	8%	3%
ROIC	6%	2%
D/E ratio	0.8 カジノ シークレット less than 0.9times	1.1 times