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Strategies
The division handles materials that support a wide array of applications. A key issue is responding accurately to rapid market change. To do so, we must accelerate our strategy of strengthening our logistics business and developing new businesses. Overseas, we are concentrating on Asia, especially China and India, and building a value chain that includes products and aftersale services.
Building value chains entails acquiring resource interests, handling intermediate products manufactured from these resources, and trading in finished products derived from the intermediate products. Involvement from upstream to midstream to downstream enables us to obtain relevant information on all related products, view industries from a broad perspective, and uncover new businesses as a result. The division trades mainly intermediate products, for which markets and the operating environment are changing rapidly. Therefore, in investing in interests and businesses, we must formulate prudent future projections and focus on businesses within value chains in which we can efficiently expand earnings. The paradigm shift in materials reflects increasingly sophisticated and complex product needs and the advance of new value creation. We must respond by identifying opportunities and quickly developing our businesses.
The strengths of the division are its customer base developed over many years, its sales network that stretches around the world, and its expert personnel. We will use these strengths to expand the regions we serve. We will also deploy more people overseas than in the past, focusing on China and other parts of Asia to accelerate development of our overseas business base and add value in our logistics business. At the same time, we will accumulate prime assets with the objective of further enhancing the quality and the liquidity of operating assets.
Organization
