Medium-term Management Plan
In Medium-term Management Plan announced in 2022, we present over 15 social implementation menus to realize a carbon-neutral and recycling-oriented society by 2050.
—It's inefficient to work on many menus. Why not narrow it down more? — You may be wondering.
However, no one can accurately say what kind of society will be in 2050.
What kind of energy and materials will be useful and needed by society in 2050?
It may differ depending on the country or region. Right now, no one knows the correct answer.
We at Idemitsu are a supplier of energy and materials, but cannot create demand.
However, by the time demand is stimulated, and people realized that "this energy and materials will support future society.''
,we must be fully prepared.
If we were not prepared, we would not be able to fulfill our responsibility to support people and their daily lives
.
That's why we incorporate this determination into Medium-term Management Plan and are taking on so many new menus.
Responsibility to support people and their daily lives
Responsibility to protect the global environment now and in the future
financial goals
ROIC
business structure reforms investment
ROIC management practice
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Increase capital efficiency in existing businesses and expand new businesses that contribute to carbon neutrality
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Strengthen initiatives in 3 business domains
investments in human capital
Maximize employee growth and engagement
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Place human resources strategy at the core of management strategy, set KPIs, and manage progress
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Developing human resources to realize business structure reforms
Medium-term Management Plan explanatory materials
table of contents
Vision for 2050 and Direction…P.3
Management goals and basic policy towards 2030…P.11
Medium-term Management Plan (FY2023-2025)…P.27
Reference materials…P.35
Strategies for business structure reforms and value creation
Idemitsu Vision for 2050 / Medium-term Management Plan introduction video
