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Get to know our story! Nippon Shokubai

Chapter 4 What is Nippon Shokubai's growth strategy? Taking the Next Step with Our 2nd Mid-term Business Plan—Reborn Nippon Shokubai 2020 NEXT

Target for 2020—business portofolio

business portofolio

Looking back on our first midterm business plan (2014 to 2016) and based on external environment analysis, we clarified our target for 2020 in accordance with the Nippon Shokubai Group Mission: TechnoAmenity -Providing affluence and comfort to people and society, with our unique technology.
The strategy specified here is to strengthen existing businesses while also promoting the shift to our growth businesses and areas. We aim to reach the point in FY 2020 where we can have a clear view of steady growth for our Group in the decade to come.

Enhancing Our Strengths with the Expansion of Existing Businesses

As for our existing businesses, we will work to further enhance our leading product, superabsorbent polymers (SAP). We expect an annual growth rate of 5% to 7% for SAP. We will work to increase our competitiveness through improvements in profitability and strengthening of development efforts to ensure growth in these markets.

SAP plant

Target sectors

ICT, energy & environment, and life sciences—the three target areas for new business that we introduced in chapter 3 can be further divided into the following eight areas.

ICT Energy&Environmen Life Sciences

For example, with semiconductors, we are working to develop new higher order silane material to respond to the need for good coatings and low-temperature deposition that heightened with the increased integration of devices. We have currently entered the assessment and testing phase.

In the area of mobility, we developed an electrolyte (IONEL) that improves the capabilities of lithium-ion batteries used in electric cars and plug-in hybrid cars and have started mass production in the spring of 2018.

For pharmaceuticals, we entered the peptide medicine and nucleic acid medicine business with the aim to provide support services for the development of new drugs.

With our fundamental technology as the core, we will accelerate the development of our growth business by acquiring new technology through the active use of open innovation, M&A, and external resources.

Anticipating social issues that the world faces, we will create the products and services that the world needs and provide them in a timely manner.

クリーンルーム棟(吹田)イオネル医薬合成研究施設(吹田)

We aim to be an even more innovative chemical company in 2025.

Nippon Shokubai’s long-term vision and objectives will shape the Company beyond the span of our business plan introduced above. This business plan lays out the steps we need to take to realize our vision for 2025, to be “an innovative chemical company that provides new value for people’s lives.”

Expect great things to come from Nippon Shokubai.

Vision for 2025: An innovative chemical company that provides new value for people's lives

The enduring and unchanging Nippon Shokubai Group mission TechnoAmenity Providing affluence and comfort to people and society, with our unique technology.

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