⭐ Exciting updates from Mitsubishi Chemical Group's IR Day 2023 presentation! Here are some key takeaways:
1. **Financial Targets:** Mitsubishi Chemical Group Corporation remains committed to its financial targets, including an 11% annual growth in EBITDA, significant revenue growth, improved EBITDA margin, and more. Impressive progress has been made.
2. **Non-Financial Targets:** Our company has shown significant progress in non-financial targets, including reduced GHG emissions, improved customer satisfaction, and diversity among management.
3. **Industry Challenges:** The global chemical industry has faced challenges, but Mitsubishi Chemical Group is actively taking measures to ensure resilience and future growth.
4. **Specialty Materials:** The growth strategy in Specialty Materials is a key focus, with plans to optimize operations, digitize processes, and invest in growth and sustainability. This segment is vital for our company's future.
5. **Portfolio Transformation:** We are making significant changes to our portfolio, exiting non-strategic businesses and emphasizing core markets like EV/Mobility, Digital, Medical, and Food.
6. **Market Position:** Mitsubishi Chemical Group is well-positioned in core markets and actively pursuing growth in high-value sub-segments.
7. **High-Value Solutions:** We offer innovative material solutions for EV/Mobility, electronics, and medical applications, and we are planning to move further downstream in the value chain.
8. **Implantable Resins:** In the medical sector, we provide implantable resins and shapes essential for long-term medical implants. We have a strong position in this market.
9. **Sustainable Food Solutions:** In the food sector, we offer sustainable food additives and packaging solutions, including biodegradable and compostable materials.
This presentation demonstrates our company's commitment to achieving its goals, overcoming industry challenges, and delivering high-value solutions to its customers. Mitsubishi Chemical Group is forging a resilient and sustainable future. 🚀
The video is relatively long but worth watching! Check it out: 👇
#MitsubishiChemicalGroup #IRDay2023 #SpecialtyMaterials #Sustainability #Resilience #Innovation
Full Stack Marketer at Tenten
1moInspiring to see KORE Power's dedication to American roots and global impact. Thrilled to witness such passionate commitment to innovation and job creation!