To Our Shareholders and Investors:
Under the previous Mid-Term Management Plan 2023 “Challenges for Evolution,” we were able to achieve record profits in FY2023, the final fiscal year of the plan. We believe that we were able to build a foundation for sustainable growth. On the other hand, the expansion of the business portfolio, an initiative under the above plan, has yet to be completed. We understand that we need to continue evolving at a speed that will enable us to tap into changes ahead of others. In view of this, we have positioned the five years starting this fiscal year as a stage to achieve our evolution and developed the Mid-Term Management Plan 2028 “Achieving Evolution.”
Moreover, as a starting point for employees to come together and contribute to continued growth and the creation of a sustainable society, we have established a new Purpose: Empower Evolution. Connect People and Technology. Based on this Purpose, we will achieve sustainable growth and enhance our corporate value by addressing social issues while strengthening our people and technologies as the most important management issues (materiality) for Dexerials. In addition, we aim to contribute to the evolution of digital technologies across a wider range of domains ten years from now.
Under the Mid-Term Management Plan 2028 “Achieving Evolution” that started this fiscal year, we will expand the photonics and automotive businesses, which we have positioned as growth domains, deeply explore and qualitatively strengthen existing businesses, and solidify our management base while adapting flexibly to changes in the environment.
In the automotive business among the growth domains, we will catch the wave of change, such as the introduction of IoT to automobiles and the evolution of autonomous driving technologies, and will strive to expand our operations for displays and sensor modules. At the same time, we will expand our business in the photonics domain, where the development of next-generation high-speed communication technology is required, using the exclusive technologies at the Dexerials Group, with the leading role played by Dexerials Photonics Solutions Corporation that was established in April 2024. In addition, we will continue to qualitatively strengthen existing domains, with a focus on the domain for consumer IT products, and expand our businesses based mainly on high value-added products, such as anisotropic conductive films (ACF), thereby continuing our growth.
To achieve growth in these growth domains and existing domains, we will invest on a scale approximately three times greater than that under the previous Mid-Term Management Plan. We will strive to enhance our cash creation capability further and achieve a balance between aggressive investment in growth and a high level of shareholder returns, aiming for sustainable enhancement of corporate value.
We ask our shareholders and investors for their continued support.
