Long-Term Vision

Vision 2030

Vision 2030 was formulated to identify the company we want to be in 2030 based on
three areas of finance, business, and management infrastructure, with an eye toward the socialenvironment we will operate in, in 2050.
To achieve this vision, we will continue to pursue corporate transformation and contribute
more to building a sustainable society and protecting the global environment.

Catalysts are used in a broad range of industries, includ-present (backcasting). The Long-Term Vision identifies

ing the petrochemical, automotive, and pharmaceuticalthe company we want to be in 2030 based on the threeindustries. They have contributed to improvement ofareas of finance, business, and management infrastruc-environmental challenges such as detoxifying vehicle

ture, in order to proactively help solve increasingly di-emissions while also supporting industrial development.

verse social challenges.

Meanwhile, global warming, ocean pollution, food short-

Internal corporate transformation to achieve fun-ages, and other social challenges have been mounting

damental change in the values and structure of ourin recent years. Stronger demands are being made forcompany is essential to achieve Vision 2030. We havecompanies to contribute to the resolution of such chal-therefore specified 16 key drivers as the infrastructure

lenges since the Sustainable Development Goals (SDGs)

and systems for such transformation. By implementing

were adopted by the United Nations General Assembly

these drivers, we aim to establish the internal corporate

in 2015.

structure and propel transformation to provide new val-

Our Vision 2030 was formulated by first forecastingue for catalysts and thereby contribute even more to thethe desired social environment of 2050 and then work-

development of a sustainable society and protection of

ing backwards to connect that specified future to thethe global environment.

Vision 2030

16 Key Drivers to Achieve Vision 2030

To provide new value in catalysts to society
and thereby contribute greatly to thedevelopment of a sustainable society andprotection of the global environment.

FinanceBusinessStrengthen our
financial foundation
focusing on ROIC

Explore new businessdomains to contributeto resolving social
issuesTo build a lean internal processthat helps to increase throughput,
allocate assets needed for business
operations in a planned manner on
the basis of return on invested capital (ROIC), and thereby support thesustainable growth and development of our business and strengthen the financial foundation.

To develop new catalyst technologies and business domains that
contribute to solving such social
challenges as those addressed by
the SDGs, on the basis of the catalyst technologies and customer
relations we have built over theyears, and thereby achieve sustainable growth.

Finance

Management
Infrastructure
Promote ESG
management
To practice sound business management, based on the principles of environment, social, and governance (ESG)
management, build an environmentand structure that allows employees toshare the joy of working for N.E. CHEMCAT and constantly breed innovation incollaboration with stakeholders, andthereby increase our corporate value.

16 Key Drivers to Achieve Vision 2030
5SUSTAINABILIT Y REPORT 2023

Business(1)

Strengthen business management process and financial base focusing on ROIC

(2)

Restructure the business execution framework to strengthen existing
businesses and create new businesses(3)

Explore new areas and develop new technologies (products)(4)

Strengthen marketing functions and optimize the value chain(5)

Streamline the development process and create new technologies by utilizing digital transformation (DX), etc.

(6)

Establish a lean production process by strengthening the process engineering functions(7)

Improve the overall process through the promotion of Lean Six Sigma(LSS) activities(8)

Strengthen procurement functions and secure a sound supply chain(9)

Optimize the precious metal management process(10) Establish a system to promote corporate-wide digital transformation (DX)(11) Reduce environmental load substances throughout the business activities; prevent environmental and labor accidents(12) Strengthen the management of precious metals and chemical substances at plants

ManagementInfrastructure(13) Enforce safe & hygiene workplace and environmental management
through promotion of responsible care (RC) activities(14) Strengthen stakeholder engagement through appropriate information
disclosure and dialogue(15) Establish an HR system to encourage and support aggressive challenges(16) Promote ESG management and create a lively working environment

SUSTAINABILIT Y REPORT 2023

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