The Daicel Group formulated our long-term vision targeting fiscal 2030. As a means of implementing this vision, our Group also formulated a Mid-Term Management Strategy. With this innovative vision and strategy as our new guidelines, we are focused on responding with flexibility to a variety of issues related to the international community and the global environment. These issues include shifting social circumstances as well as the rapid technological progress arising from the widespread adoption of artificial intelligence (AI) and the internet of things (IoT). Through these business initiatives, we will contribute to the emergence of a society committed to sustainability while pursuing the ongoing growth of the Daicel Group.
The Path to Implementing Our Long-Term Vision
As we remain focused on the well-being of our employees and the sustainability of our products and manufacturing processes, we aim to provide the value demanded by society as we contribute to human happiness and the emergence of a society committed to recycling. To this end, we intend to expand the scope of our value co-creation to encompass Daicel itself, our Group companies, and our business partners and customers who are linked through the supply chain. In this way we will provide society with greater value than a single company alone could offer.
At the original Daicel (OP-Ⅰ), in addition to maintaining our current business, we will transform our corporate structure and promote an "asset-light" approach emphasizing comprehensive cost reductions, particularly in the domains we focus on.
Under the new Daicel (OP-Ⅱ), we will work to expand our business domains through mergers, acquisitions, and alliances in areas related to our existing businesses; reorganize existing businesses; and fundamentally review joint ventures with the aim of transforming the entire Group into an exceptionally asset-light entity.
Our new corporate group (OP-Ⅲ) seeks to provide value that extends beyond the scope of the Group by first strengthening our vertically integrated value chain (supply chain), working on value creation (co-creation) for our respective customers, and expanding co-creation horizontally with other companies in the same industry as well as universities.
In addition, in order to achieve the goal of our long-term vision of "Contribution to Building a Circular Society", we intend to implement the "four transitions" that will significantly change how we forge society.
Formation of a New Business Group (Value Co-Creation Entity)
We will expand the value co-creation scope from Daicel Corporation (non-consolidated) to the Daicel Group (consolidated) and then include our partner companies as well. Beyond the boundaries of departments and companies, industries, academia, and governments, we will share the same aspirations and strive to create value together.
Realization of Biomass Product Trees
We are developing the technology for melting wood at room temperature and under normal pressure conditions. By utilizing dormant forest resources in Japan as a renewable resource, we will create new product trees where both products and manufacturing processes are environmentally-friendly.
Click here for Details of the Biomass Value Chain Concept
Implementation of Carbon Offsets and Energy Offsets
We will conserve energy through production process innovation. Also, we continue to develop technologies that enable reuse and efficient utilization of emitted carbon while maximizing our competitive advantage in manufacturing as we improve productivity, reduce costs, and minimize environmental load.
Provision of Happiness in Four Domains
Our competitive advantage in these domains (Health, Safety/Security, Convenience/Comfort, Environment) allows us to respond to the social trends and increasing needs.
By leveraging our unique materials and technologies we have cultivated since the founding, we will continue to create and deliver new value.
Mid-Term Management Strategy
Mid-Term Management Strategy “Accelerate 2030“
References
- Mid-Term Management Strategy “Accelerate 2025-Ⅱ(Updated)“ (May 11, 2023)
- Mid-Term Management Strategy “Accelerate 2025-Ⅱ“ (Feb 17, 2021)
- Mid-Term Management Strategy “Accelerate 2025 “(June 8, 2020)
- The Fourth Long-Term Vision “DAICEL VISION 4.0 “(June 8, 2020)