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最后更新:2020年5月29日

(2020年5月22日)

长期愿景和中期管理计划

关于新的中期管理计划下的目标值

Q
(Page 15 of the presentation slides) Has Sekisui Chemical Group revised the target values identified in its recently announced new Medium-term Management Plan from the Company's original plans in light of COVID-19?
A

实际上,十大赌博娱乐平台已经将原计划推迟了大约一年. 这是因为十大赌博娱乐平台相信COVID-19将继续产生影响, 特别是在十大赌博娱乐平台的HPP业务和住房公司的移动领域, 从订单到销售的交货时间是什么. We estimate that it will take around one year for COVID-19 to subside and economic conditions to return to normal.

  • *HPP Company; High Performance Plastics Company

关于集团的投资计划和M&As

Q
(演示幻灯片第22页)集团原有的投资计划是否也有变化 ?
A

投资计划没有任何变化. The plan is positioned to help carry out the necessary preparations to realize our 长期愿景 over the three-year period of our new Medium-term Management Plan. 利用债务,十大赌博娱乐平台将积极投资于增长.

Q
Sekisui化学集团计划向M公司投资的金额&根据新的中期管理计划,这个数字要高得多 . 你打算在哪些领域投资?投资目的是什么? 例如,您是否希望获得技术或扩大销售渠道?
A

十大赌博娱乐平台的首要任务是确保与现有业务的协同效应. 因此,十大赌博娱乐平台将瞄准能够实现协同效应的领域. 除了销售和其他渠道,十大赌博娱乐平台可以扩大现有的业务, 十大赌博娱乐平台将投资收购技术,为十大赌博娱乐平台目前的产品组合提供扩展 . 十大赌博娱乐平台也在考虑培育企业 .

关于提高投资回报率的措施

Q
(Page 19 of the presentation slides) Sekisui Chemical Group has introduced ROIC as a KPI under its new Medium-term Management Plan. 虽然这需要努力提高资本的效率, 您是否担心这会给投资带来不必要的下行压力?
A

十大赌博娱乐平台将寻求在提高ROIC和投资增长之间取得平衡. We will also employ ROIC as a part of efforts to focus more than ever on securing a return on investments and strengthening the management of such inventories as land for housing sales while engaging in aggressive investment aimed at doubling sales volume, 这是十大赌博娱乐平台长期愿景的关键目标.

Q
Can we assume that the level of ROIC will improve even further from the next Medium-term Management Plan once the effects of investments undertaken 根据新的中期管理计划 are realized?
A

是的,十大赌博娱乐平台相信是这样. 十大赌博娱乐平台的长期愿景是实现指数级增长.

Q
是否可以假设目前没有表现不佳的企业?
A

Thanks largely to the progress made in reforming the structure of our business focusing mainly on the UIEP Company, 根据以前的中期管理计划, 十大赌博娱乐平台几乎淘汰了所有表现不佳的企业. 因为COVID-19导致人们的行为发生了变化, 从长远来看,经济结构变化的潜力始终存在, 十大赌博娱乐平台将继续根据形势变化推进结构性改革.

  • *UIEP公司:城市基础设施与环境产品公司
Q
What is your approach toward cross-shareholdings and policy regarding the holding of equity-method affiliate shares?
A

就交叉持股而言, the Board of Directors meets each year to deliberate on the significance and benefits of ownership from a cost of capital perspective. 被认为没有必要并随后出售的股票. 十大赌博娱乐平台将继续保持这一政策. 至于十大赌博娱乐平台主要的权益法子公司,Sekisui Jushi Corporation和Sekisui Plastics Co.有限公司., 担心, 十大赌博娱乐平台将维持现有的所有权水平,以维持和发展现有的业务关系.

关于ESG和其他投资

Q
(Pages 20 and 21 of the presentation slides) The Group has taken steps to newly set an ESG investment limit 根据新的中期管理计划. 你期待什么样的回报?
A

以人力资源为例, we will push forward work style reforms with a view to securing such qualitative effects as an improvement in the retention rate. 十大赌博娱乐平台也相信,这一举措将使招聘优秀员工变得更加容易 . 就环境而言, we will work to reduce greenhouse gas emissions by utilizing renewable energy and prevent any major incident through digital transformation. 通过这些和其他手段,十大赌博娱乐平台希望提高企业价值.

Q
(演示幻灯片第20和21页)再次提到ESG投资, 在做投资决策和衡量效果时,你会识别和衡量关键绩效指标吗?
A

We have slightly lowered the level of anticipated return compared with general investments to ease the burden of business decisions when raising investment opportunities. 此外,十大赌博娱乐平台成立了可持续发展委员会 . 除了审议投资的目标和效果之外, we are looking at certain indicators including employee retention rates and the number of major incidents as measures of efficacy.

Q
Have you identified any ESG-related indicators 根据新的中期管理计划 such as the Environment-contributing 产品 indicator raised 根据以前的中期管理计划?
A

十大赌博娱乐平台将环保产品定位为提升企业价值的驱动力. We have reviewed our definition of Environment-contributing 产品 and taken steps to evolve the concept by introducing 可持续性-contributing 产品 根据新的中期管理计划. 环保产品销售658件.2019财年预算为50亿日元. 这占集团总销售额的58%. We expect sales of 可持续性 contributing 产品 to expand to 800 billion yen by fiscal 2022 and account for 66% of total sales.

Q
就盈利能力而言, can we assume that the operating income ratios of both Environment-contributing 产品 and 可持续性-contributing 产品 exceed the Group-wide average?
A

关井化学集团因其为解决社会问题做出贡献的能力而受到客户的高度评价 . 盈利能力也很高.

关于每一段的度量

Q
(演示幻灯片第25页)转向HPP公司的绩效趋势, profit declined in fiscal 2019 despite an increase in sales compared with the recent peak in operating income in fiscal 2017. 你认为这种下降的主要原因是什么?
A

日元贬值的主要原因包括日元升值的影响, a downturn in performance due largely to a sudden deterioration in business conditions in the aircraft field and the subsequent impact on the operations of recently acquired Sekisui Aerospace Corporation, 以及商誉摊销费用的增加. 然而, 排除这些因素, we believe that profitability is steadily improving thanks to successful efforts aimed at reducing costs and structural reforms.

Q
Sekisui Chemical Group is planning to reduce costs in the HPP and 住房 companies by 8 billion yen and 5 billion yen, 分别, 根据新的中期管理计划. 如果你达不到销售计划将会发生什么?
A

在制定措施时,十大赌博娱乐平台总是考虑悲观的情况. We intend to implement cost reduction and structural reform measures in advance while adhering to our profit plan.

Q
(Page 29 of the presentation slides) Sekisui Chemical Group is planning to innovate costs across the entire supply chain in the HPP Company. Will you be able to proceed as planned given the uncertainty surrounding the timing of a global supply chain recovery as a result of COVID-19?
A

就采购而言 , we are looking at implementing a variety of measures including the use of digital transformation as well as both concentrated and multiple procurement. 甚至包括其他部门公司, 十大赌博娱乐平台还将专注于提高不仅在日本的物流效率, 而且在全球范围内 .

Q
(幻灯片第32页)就关井航空航天公司而言, 预计在一段时间内,飞机领域的需求将很困难. 你们将如何加强盈利能力?
A

虽然销售额与波音的比例很高,但十大赌博娱乐平台将努力使未来的收入来源多样化. 具体而言,十大赌博娱乐平台将着眼于开发和扩大高附加值发动机部件的销售. 十大赌博娱乐平台也将促进与UIEP公司的合作, sheet business as well as the and medical businesses and push forward the development and sales of components for medical inspection equipment. 同时,十大赌博娱乐平台将尽一切努力提高生产率.

Q
(Pages 38 and 39 of the presentation sides) Sekisui Chemical Group has stated its intention to expand sales in the 住房 Business focusing on ready-built houses. 销售价格也会下降吗?
A

待售房屋(已建成房屋)的下滑幅度与总开工量相比较小. 相对而言,需求也是稳定的. 因此,十大赌博娱乐平台将在新的中期管理计划中重点关注这些领域. 大量待售房屋的价格在2500万日元或更低, 物价有轻微下跌的趋势. Sekisui Chemical Group plans to increase profitability per house by taking advantage off-periods at housing production plants to increase operating rates (mass production effects) and minimize losses.