We have drafted our 12th 3-year Medium-Term Business Plan (V-2 Plan), which was launched in April 2017. This plan outlines our roadmap for achieving the AR-2020VISION, the representation of our ideal situation in 2020.
We have embraced “Through AR-2020VISION, achieve substantial growth and make broad contributions to society” as our medium-term management philosophy. As for numerical targets, we have set a range of 7-8 billion yen for net sales. Achieving growth amid current market changes creates a lack of certainty regarding certain elements. In our aim for substantial growth, we will focus on solidifying our foundation and seek to achieve stable growth. For this purpose, we have set a goal of 8% or higher for operating margin.
A particular point of focus for us over the next three years will be to achieve improvements and innovations to our capabilities as a rubber manufacturer. Such innovation is possible through rubber technology and so we will further develop our rubber technology and increase our product development capabilities.
Another area of focus is health management. As a corporate member of society, in order for us to continue into 2020 and beyond, and for us to be able to continue offering value to society, as a company we must fulfill our social responsibilities in the areas of environment, health, community, governance, and work-life balance.
Our slogan, “Pursuing the Endless Possibilities,” expresses the core of our business, which is centered on exploring the endless potential and functions of rubber as a material. Using proprietary technology, we will continue to create new added value and exist as a company that is invaluable to society.