Long-Term Corporate Vision | About Us

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class="ly_mainContents" id="contents"> <div class="ly_container"> <div class="ly_inner">  <div class="bl_breadCrumb"> <ul> <li><a href="/global/">HOME</a></li> <li><a href="/global/aboutus/">About Us</a></li> <li>Management Policy</li> <li>Long-Term Corporate Vision</li> </ul> </div>  <h1 class="bl_headingLv1 _pb0">Long-Term Corporate Vision</h1> <h2 class="aboutHeading1">TORAY VISION 2030<br /> —Achieving sound, sustainable growth and creating social value</h2> <p>Since its foundation, the Toray Group has been driven by its core values of contributing to society through business activities, people-centric management, and management from a long-term perspective. Based on these values, the Toray Group has established the Long-Term Corporate Vision, TORAY VISION 2030 (VISION 2030) with the aim of providing new value to society by focusing on the four perspectives to build the world envisioned by the Toray Group set out in the Toray Group Sustainability Vision. KPIs for fiscal 2030 are milestones for realization of the world as envisioned by the Toray Group in 2050. VISION 2030 will be achieved by pursuing co-creation with the customers and business partners that make up the supply chain, all with a materials-oriented approach. The Toray Group will strive to accurately ascertain changes in industrial trends and to achieve sound, sustainable growth while pursuing business model transformation.</p> <h2 class="aboutHeading2">Growth Strategies Based on the Toray Group Sustainability Vision</h2> <p class="mgnB30">The Toray Group’s mission is to deliver innovative technologies and advanced materials that provide real solutions to the challenges the world faces in balancing development and sustainability. This is why the Group is expanding its Sustainability Innovation (SI) Business. Through this business, the Group helps solve global environmental, resource and energy issues and helps build a world where people everywhere can enjoy better medical care and hygiene and live long, healthy lives. The Group will expand its business by not only capturing increasing demand but also creating new demand in all segments with a focus on the SI Business.<br /> In creating and expanding into new businesses, the Toray Group aims to generate one trillion yen in sales from all new businesses by 2030 by focusing resources, with an emphasis on both quality and quantity, on large-scale themes that can be expected to form individual business domains in the 2020s and accelerating development and business model construction under the Future TORAY-2020s Project (FT Project).</p>  <h2 class="aboutHeading2">Toray Group’s Long-Term Strategies</h2> <p class="mgnB30">The Toray Group will strive to accurately ascertain changes in industrial trends impacted by aging populations, environmental issues, and technological innovation, and to achieve sound, sustainable growth while pursuing business model transformation.<br /> “Sound, sustainable growth” means facilitating our basic strategy of business expansion by carrying out active investment and maximizing the value we create over the medium to long term across the Toray Group. The key to this is strengthening competitiveness by pursuing continuous business model innovation and total cost reduction and strengthening the management foundation to enable investment in growth driven by efficiently invested capital and financial strength.</p> <div class="visionBlock"> <h2>Long-term strategies to achieve “sound, sustainable growth”</h2> <div class="inner"> <h3>1. Global expansion in growth business fields</h3> <ul class="discList"> <li>Expand the SI Business, which helps solve global environmental, resource and energy issues and helps build a world where people everywhere can enjoy better medical care and hygiene and live long, healthy lives</li> </ul> <h3>2. Strengthening competitiveness</h3> <ul class="discList"> <li>Create new value through business advancement and high added value creation, thereby providing solutions with a materials-oriented approach to customers and society</li> <li>Pursue dramatic cost reductions by setting challenging targets as well as strive to reduce environmental impact</li> </ul> <h3>3. Strengthening the management foundation</h3> <ul class="discList"> <li>Improve cash flow and capital efficiency, and balance financial soundness and growth investment</li> <li>Reform and revitalize the business and organizational structures of low-growth and low-profitability businesses</li> </ul> </div> </div> <h2 class="aboutHeading2">KPIs for Fiscal 2030</h2> <div class="smpTable1"> <table class="tPattern03 wid100 visionTable"> <colgroup><col class="wid15"></col><col class="wid3"></col><col class="wid22"></col> <col class="wid30"></col><col class="wid30"></col></colgroup> <thead> <tr> <th colspan="3"></th> <th>FY 2013 Actual<br />(Baseline)<br />(J-GAAP)</th> <th>FY 2030 Target<br />(compared to FY 2013)<br />(IFRS)</th> </tr> </thead> <tbody> <tr> <th colspan="3">Supply of Sustainability Innovation products<sup>1</sup></th> <td>562.4 billion yen</td> <td>4.5-fold</td> </tr> <tr> <th colspan="3">CO<sub>2</sub>emissions avoided in value chain<sup>2</sup></th> <td>38 million tons</td> <td>25-fold</td> </tr> <tr> <th colspan="3">Water filtration throughput contribution by Toray’s water treatment membranes<sup>3</sup></th> <td>27.23 million tons/day</td> <td>3.5-fold</td> </tr> <tr> <th rowspan="2">Greenhouse gas emissions in production activities<sup>4</sup></th> <th colspan="2" class="nonBottom">Per unit of revenue<sup>6</sup> across the Toray Group</th> <td>337 tons/100 million yen</td> <td>50% or more reduction</td> </tr> <tr> <th class="nonTop"> </th> <th style="border-top: 1px solid #ccc">Greenhouse gas emissions of Toray Group in Japan<sup>5</sup></th> <td>2.45 million tons</td> <td>40% or more reduction</td> </tr> <tr> <th>Water usage in production activities</th> <th colspan="2">Per unit of revenue<sup>6</sup> across the Toray Group</th> <td>15,200 tons/100 million yen</td> <td>50% or more reduction</td> </tr> </tbody> </table> </div> <table class="tPattern00_pad3 small mgnT10"> <tbody><tr> <td>1. </td><td>(1) Products that accelerate measures to counter climate change; (2) products that facilitate sustainable, recycling-based use of resources and production; (3) products that help provide clean water and air and reduce environmental impact; and (4) products that help deliver better medical care and hygiene for people worldwide</td> </tr> <tr> <td>2. </td><td>Toray calculates the CO<sub>2</sub> emissions reduced throughout the value chain of products in accordance with the chemical sector guidelines of the Japan Chemical Industry Association, the International Council of Chemical Associations (ICCA), and the World Business Council for Sustainable Development (WBCSD). </td> </tr> <tr> <td>3. </td><td>Water treated annually with Toray water treatment membranes. It is calculated by multiplying the amount of fresh water that the Toray membranes can produce per day, including reverse osmosis (RO), ultrafiltration (UF) and membrane separation bioreactors (MBR), by the number of membrane elements sold.</td> </tr> <tr> <td>4. </td><td>With the use of renewable energies and other zero emission power sources rising worldwide, the Toray Group aims to employ zero-emission power sources at a rate equivalent to or better than the targets in each country by fiscal 2030.</td> </tr> <tr> <td>5. </td><td>In Japan, Toray works to surpass the reduction target set for the industrial sector by the Japanese government (absolute emissions reduced by 38%) in its comprehensive plan (Cabinet decision on October 22, 2021) based on Japan’s Act on Promotion of Global Warming Countermeasures.</td> </tr> <tr> <td>6. </td><td>FY2013 results are based on net sales (J-GAAP)</td> </tr> </tbody></table>  </div> </div> </main>   <div class="ly_localNav inc_global_localnav_aboutus" id="anchorLocalNav"> <nav class="inner"> <p class="heading"><a href="/global/aboutus/">About Us</a></p> <div class="-row -col4"> <ul class="menuLv2">  <li><a href="/global/aboutus/message.html">Message from the President</a></li> </ul> <ul class="menuLv2"> <li class="parent"><a href="/global/aboutus/outline.html">Corporate Profile</a> <ul class="menuLv3"> <li><a href="/global/aboutus/outline.html">Corporate Outline</a></li> <li><a href="/global/aboutus/organization.html">Organization</a></li> <li class="parent"><a href="/global/aboutus/executives.html">Management Team</a> <ul class="menuLv4"> <li><a href="/global/aboutus/executives.html">Members of the Board and Corporate Auditors</a></li> <li><a href="/global/aboutus/executives_2.html">President and Vice Presidents</a></li> <li><a href="/global/aboutus/executives_3.html">Fellows</a></li> </ul> </li> <li class="parent"><a href="/global/aboutus/network/headoffice.html">Global Network</a> <ul class="menuLv4"> <li><a href="/global/aboutus/network/headoffice.html">Head Office / Branches</a></li> <li><a href="/global/network/?p_country=60&p_business_field=">Toray Group Subsidiaries and Affiliated Companies</a></li> </ul> </li> <li><a href="/global/aboutus/brand.html">Corporate Symbol</a></li> <li><a href="/global/aboutus/download/">Corporate Profile Download</a></li> </ul> </li> </ul> <ul class="menuLv2"> <li class="parent"><a href="/global/aboutus/philosophy.html">Management Policy</a> <ul class="menuLv3"> <li><a href="/global/aboutus/philosophy.html">Toray Philosophy</a></li> <li><a href="/global/aboutus/vision/">Long-Term Corporate Vision</a></li> <li><a href="/global/aboutus/project/">Medium-Term Management Program</a></li> </ul> </li> </ul> <ul class="menuLv2"> <li><a href="/global/aboutus/governance/">Corporate Governance</a></li> </ul> <ul class="menuLv2"> <li class="parent"><a href="/global/aboutus/history/">Toray's History</a> <ul class="menuLv3"> <li><a href="/global/aboutus/history/">History</a></li> <li><a href="/global/aboutus/history/90years.html">Toray's 90-Year History</a></li> </ul> </li> </ul> <ul class="menuLv2"> <li><a href="/global/aboutus/event/">Events & Sports</a></li> </ul> <ul class="menuLv2"> <li class="parent"><a href="/global/aboutus/visual/">Video & Advertising</a> <ul class="menuLv3"> <li><a href="/global/aboutus/visual/vis_001.html">Corporate Introduction Videos</a></li> <li><a href="/global/aboutus/visual/vis_003.html">Print Ads</a></li> </ul> </li> </ul> </div> </nav> </div>   <footer class="ly_footer inc_global_footer"> <div class="ly_inner"> <ul class="footLinks"> <li><a href="/global/common/terms.html">Terms of Use</a></li> <li><a href="/global/common/privacy.html">Privacy Policy</a></li> <li><a href="/global/common/cookie.html">Cookie Policy</a></li> <li><a href="/global/common/sitemap.html">Site Map</a></li> </ul> <div class="sns"><span>TORAY official SNS</span><a class="youtube" href="https://www.youtube.com/c/TORAYchannel" target="_blank"><img src="/global/shared/images/icon_yt.png" alt="youtube" /></a><a class="linkedin" href="https://www.linkedin.com/company/toray-industries-inc-/" target="_blank"><img src="/global/shared/images/icon_linkedin.png" alt="linkedin" /></a></div> <p id="groupLogo"><a href="/global/network/?p_country=60&p_business_field="><img src="/global/shared/images/toray_group_logo.svg" alt="Toray Group" /></a></p> <p id="copyright">COPYRIGHT TORAY INDUSTRIES, INC.</p> </div> </footer>  <p id="pagetop" class="pagetop" role="presentation" aria-label="Back to TOP"><a href=""></a></p> <script src="/global/shared/js/plugins.js"></script> <script src="/global/shared/js/base.js"></script> </body> </html>

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