■Medium- to long-term growth strategy
1. Overview of medium- to long-term growth strategies
Regarding medium- to long-term growth, Shoei Pharmaceutical ＜3537＞ aims for growth based on two axes: the pursuit of inter-business synergy, domestic and international synergy, and the pursuit of a centralized market deepening model.
Interbusiness synergy aims to expand profits by applying knowledge from the core chemical business to new product development in the daily necessities business and civil engineering and construction materials business. In pursuit of a centralized market deepening model, we aim to expand profit opportunities and added value by developing a customer base closer to downstream (final consumer goods manufacturers) while utilizing a business model focusing on oleochemicals and surfactants.
Although the timing of numerical targets is not specified, they are aiming for consolidated sales of 25 billion yen or more and an overseas sales ratio of 10% or more as soon as possible.
2. Future Strategy and Development
(1) Environmental (Environment) Initiatives
a) Raise awareness about RSPO, penetrate industries and markets, and promote product sales. We will sincerely grasp the impact on living organisms and the environment due to growing demand for palm oil and improve it. As a specific action, we will promote sales of products that are compatible with certification for sustainable palm oil production as raw materials (activators, etc.) for cosmetics. As a regular member of JasPON (Japan Sustainable Palm Oil Network), we will collaborate to promote sustainable palm oil procurement and consumption across barriers between industries.
b) Promote the spread of water purification systems and zero-wastewater and wastewater treatment systems. By lowering the environmental impact caused by factory wastewater, rivers and seas are made more beautiful. Specifically, it contributes to the spread of wastewater treatment equipment and zero wastewater systems.
(2) Social (Social) Initiatives
a) Promote reduction of odors generated in factories and dissemination of collection technology. Reduce workplace odors and protect the health and safety of employees. It reduces odors emitted from factories and contributes to the creation of a livable city. Specifically, we will promote the spread of deodorizers to companies using organic solvents.
b) Mask and reduce bad odors generated by garbage trucks. Reduces deterioration in physical condition due to the strong odor of garbage trucks. Also, consider situations where workers have to worry about their surroundings when working. Specifically, we plan to develop odor improvement agents through garbage truck manufacturers.
(Written by FISCO Visiting Analyst Noboru Terashima)