Asahi Kasei launches new mid-term management initiative

The Asahi Kasei Group has launched a new mid-term strategic management initiative, “For Tomorrow 2015,” for the five-year period from fiscal 2010 through fiscal 2015.

TOKYO, JAPAN: The Asahi Kasei group has launched “For Tomorrow 2015,” providing a clear vision for the group, with a specific focus. The vision focusses not only on the proactive expansion of the globally competitive businesses, but also on the expansion of operations in fields related to the environment & energy, residential living, and health care from the perspectives of living in health and comfort and harmony with the natural environment. In addition, “For Tomorrow” projects have been launched for the creation of new businesses, providing systems and services through combinations of different business units of the Asahi Kasei group. Strategic long-term investments of some ¥ 1 trillion are to be made during the five-year period, with consolidated net sales of ¥ 2 trillion and operating income of ¥ 200 billion targeted in fiscal 2015.

With a clear vision for the Asahi Kasei group set forth in “For Tomorrow 2015,” emphasis will be on the promotion of “one AK” management and the pursuit of growth to enhance corporate value by anticipating emerging social needs based on upcoming megatrends in the economic environment.

(C) WOC News