(adhering to reason leads to prosperity)
We will continue to create the solutions
needed by people and the earth
with materials and science.
We welcome change, we enjoy change,
and create change.
TOYOBO Spirit Our 9 Commitments
The Path of Value Creation ~From Establishment to Present~
We have developed our business while responding to the needs and issues of the times through technology
Remaining ever alert to the changing times, TOYOBO Group draws on its advanced technologies to create products and operations that fulfill the expectations of the market and society. We have worked to develop an optimum portfolio.
Profit and Financial Standing
From the late 1990s to the early 2000s within challenging business environment, we reformed business portfolio and expanded our businesses such as films and high-functional products, while making structural reforms of part of our textile business, which was starting to lose relevance.
Approach to Value Creation ~From Present to Future~
Realizing long-term growth by continually providing value-added solutions
Matching stakeholder demands to our management resources
The demands of society and markets have become increasingly diverse and sophisticated in recent years, as can be seen with the Sustainable Development Goals (SDGs). The Toyobo Group has built up a wide range of management resources over many years, and we have especially worked on refining our technology. Selecting the technologies that can address external demands, and extending them through further innovation is our starting point for the Toyobo Group’s value creation.
Practicing CSV in four Solutions fields
From fiscal 2021, the Toyobo Group has reorganized its operations into four fields where we can create value to share with society: these are our Solutions divisions. Each division aims to increase the Company’s growth opportunities by providing products and services that help resolve issues, and also to control and mitigate risk while taking ESG issues into consideration. We are also strengthening cross-divisional coordination to support the activities of these four divisions.
We identified “Ability to Provide Solutions (contribution through our business)” as one of our material issues. Each solutions division has its future vision. We plan to discuss and consider targets (KPIs) when formulating the next Medium-term Plan from April 2021.
2018 Medium-Term Management Plan (FY2019-FY2022)
We fully consider not only our current performance but also our future growth and corporate culture.
Main products promoted under the Medium-Term Management Plan
Financial results of fiscal year ended March 31, 2020
Factbook summarizes financials results of fiscal year ended March 31, 2020.
Please refer to IR Library for detailed information.
Basic Policy Regarding Earnings Distribution
The Company considers providing returns to shareholders to be one of its highest priorities. Its basic policy is to continually provide a stable dividend, in a comprehensive consideration of such factors as sustainable profit levels, retention of earnings for future investment, and improving the financial position to provide shareholders returns, including the acquisition of treasury shares, with a target total return ratio (*) of 30%.
(*) Total return ratio = (total dividend + total amount of share buybacks) / profit attributable to owners of parent