- Long-term vision
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Evolve for future society as an enterprise that delivers new value
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An enterprise that helps to solve social issues
Teijin will develop business opportunities by leveraging strengths in core priority fields to help society address pressing issues.
Core priority fields for business developmentEnvironmental value solutions
Supply weight-reducing materials that enhance environmental performance for transportation
Safety, security and disaster mitigation solutions
Enhance disaster-readiness measures and social infrastructure development
Demographic change and increased health consciousness solutions
Support health maintenance and enhancement in response to the progression of demographic change and increasing lifestyle diseases
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An enterprise that achieves continuous transformation by anticipating changes in the external environment
In an increasingly uncertain external environment, Teijin will take the initiative to contribute to evolution, instead of chasing trends, for sustainable growth.
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An enterprise that continues to create new value at all times
Teijin will create products and services that accelerate the evolution of society.
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An enterprise that helps to solve social issues
- Transform business portfolio to maximize business opportunities
Teijin will pursue its visions by ceaseless evolution and a determined ambition to create innovations that support tomorrow's society by utilizing its workforce diversity for enhanced competitiveness, and grow sustainably by maximizing business opportunities group-wide and transform its overall business portfolio.
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Business strategies in medium-term management plan
Teijin will implement both growth and transformation strategies focusing on the materials and healthcare business fields as the pillars of its operations and develop new businesses that are not yet contributing to profits at present into its core earnings
sources, without merely relying on the continuation of existing businesses.
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Growth strategies for materials business field
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Focus on aircraft and automobile businesses (environmental value solutions) Step up development of strong, lightweight high-performance materials in response to demands for higher fuel efficiency in line with stricter environmental regulations
Aircraft
Carbon fiber
Intensively allocate resources for intermediate materials (prepreg, etc.).
Also, establish a competitive edge by accelerating development of thermoplastic prepreg and textile prepreg.
Aramid fibers
Expand applications for air freight containers offering high durability and flame resistance
Automotive
Aramid fibers
Expand products to address demands for weight reduction and higher performance, including tire reinforcement materials
Plastics
Develop high-performance compound products that offer reduced weight and improved design
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Address infrastructure needs (safety, security and disaster mitigation solutions)
Accurately respond to disaster mitigation awareness and needs for improved and expanded infrastructure
Infrastructure
Para-aramid fibers
Expand sales of optical fiber in China and India.
Also, expand applications such as ropes and deep-sea oil drilling
Polyester fibers and plastics
Develop and expand applications for disaster mitigation
Protective Clothing
Meta-aramid fibers
Respond to expanding demand in Asia and emerging countries due to rising safety standards
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Focus on aircraft and automobile businesses (environmental value solutions) Step up development of strong, lightweight high-performance materials in response to demands for higher fuel efficiency in line with stricter environmental regulations
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Growth strategies for healthcare business field
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Strengthen solutions in high-growth domains (demographic change and increased health consciousness solutions)
Maximize earnings from existing growth drivers and emphasize drug discovery research
Pharmaceuticals
Treatment for hyperuricemia and gout: FEBURIC® (ULORIC®, ADENURIC®)
Maximize sales through clinical research and by raising awareness of the importance of treatment
Pipeline strategy
Expand drug discovery fields; target regenerative medicines; and promoting alliances for products developed in-house
Home healthcare
Continuous positive airway pressure (CPAP) unit
Develop relationships with general practitioners; strengthen treatment monitoring functions; and make sleep apnea syndrome (SAS) diagnosis easier
Oxygen concentrator for home oxygen therapy (HOT)
Maintain high market share with next-generation models and strengthened monitoring functions
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Strengthen solutions in high-growth domains (demographic change and increased health consciousness solutions)
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Transformation strategies for material business field
Transform the business model from supplying customers with materials to close-to-customer businesses to develop composites that incorporate multiple materials, and thereby win the competition amongst multiple materials.
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Automotive composite products (environmental value solutions)
Rather than merely extending materials businesses into downstream fields, Teijin will leverage its strengths in composite technologies to expand business with a view to becoming a supplier of multi-material components.
- Lithium-ion battery separator and membranes (environmental value solutions) Leveraging technologies and expertise developed in membrane production, Teijin will roll out high-performance, high-productivity products in a wide range of fields.
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Automotive composite products (environmental value solutions)
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Transformation strategies for healthcare business field
Strengthen existing healthcare business to deliver comprehensive patient-service systems, even those not reimbursed under the Japanese health insurance system
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Diversified product/service lineups (demographic change and increased health consciousness solutions)
Diversify lineups of medical equipment, digital healthcare, implantable medical products and functional food materials
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Healthcare business creation (demographic change and increased health consciousness solutions)
Establish a healthcare business platform for pre-symptomatic condition, diseases and nursing care, and new business using the group's information platform
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Diversified product/service lineups (demographic change and increased health consciousness solutions)
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Global strategy
Implement regional strategies based on the characteristics of each business in line with growth and transformation strategies. This will help strengthen cross-business regional structures, systems to manage overseas businesses efficiently, and regional strategy formation.
- Strengthening of the management system platform
- Structural reorganization
Teijin will pursue inter-business integration by integrating materials-related businesses into one materials business field. The New Business Development Business Unit will be split into units for materials and healthcare business to deepen group-wide collaboration with and absorption of these individual businesses. A newly established Global Strategy Officer will develop cross-business regional strategies and a newly established Information Strategy Representative will pursue smart projects on a group-wide basis.
Teijin Limited published this content on 06 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 February 2017 02:09:06 UTC.
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