Mid-term Management Plan

I. Takasago Group’s Management Policies

A) Basic Management Policies
Since its establishment, Takasago Group has maintained a corporate philosophy of “Contributing to society through technology”in our pursuit to become a leading company in the global flavors and fragrances market.
We have established basic management policies of “A well regarded Company that respects the global environment and local communities”and “A leading Flavors and Fragrances Company in the global market that consistently supplies dependable products.” Then, we will continue to enrich the quality of our customer service and strengthen our foundation in growing markets, as well as promote Environment, Health, and Safety (EHS) activities.
B) Management Plans
Takasago Group is driving “TAKASAGO GLOBAL PLAN” for our centenary, the year 2020, which is a long-term vision of becoming a leading flavors and fragrances company in the global market. We will endeavor to establish safe and stable production and supply structure, and to gain trusts of our stakeholders.
We will continue to revise its safety management structure and develop a stable supply structure from lessons learned in the Great East Japan Earthquake and the fire at our Hiratsuka Factory. We will also actively continue capital investments in overseas markets with high growth rates. For the domestic market, we constructed flavor production site in Mihara City, Hiroshima Prefecture as a base for our activities in Western Japan. We will also continue to optimize the supply chain of our group while taking steps to improve production efficiency, safety, and supply capacity.
Taking this internal and external business environment into consideration, it is essential to combine all management resources of Takasago Group and make group-wide efforts to produce creative and innovative value for the year, 2020. We set the new mid-term management plan “One-T” (FY2018-2020), shortened form of One-Takasago which is also a slogan for uniting Takasago Group.
Towards the realization of one of our basic management policies “A leading Flavors and Fragrances Company in the global market that consistently supplies dependable products,”we will grow continuously by carrying out our plans under the basic policies in the One-T.

II. Medium-term Management Plan

A) Title
“One-T” (FY2018-2020)
B) Basic Policies in the One-T

1. Customer Satisfaction

Through increase in sales capability, enhanced research and development strengths, comprehensive quality control, and swift and flexible actions, we aim to improve customer satisfaction.

2. Business Growth Strategy

While increasing our market presence and securing stable profits, we aim to enlarge our business foundation and to achieve net sales target of 170 billion yen.

3. Technological Innovation

With the corporate philosophy of emphasis on technology in mind, we strive to create new technologies and products with the great originality and superiority, and to apply their achievements globally.

4. Improvement of Profitability

By optimizing value chain and enhancing business process re-engineering globally, we aim to achieve operating income ratio target of 5.2%.

5. Human Resources Development

We will make the best use of our human resources, develop staff members who will pursue ambitious initiatives in new areas, and provide the environment where our staff member can fulfill their potential globally.

We put the concept of “Corporate” in the central pillar of the basic policies above and as a global company we will harmonize rules and improve systems for uniting Takasago Group.

Presentation Documents for the New Mid-term Management Plan (One-T).pdf(3.5MB)