For our shareholders and investors
November 2005
Thank you for your continued support of Asahi Denka Group.
Asahi Denka Group would like to contribute to a healthy and fulfilled society by developing and offering our competitive, technically advanced product group to the world market in a safe manner with high quality service that can respond quickly to society's needs, in compliance with the following management policy:
"Work hard to be a forward-looking organization by staying on the cutting edge"
"Be a respected member of the world community."
We will also work to satisfy our responsibilities in the areas of corporate governance, compliance and risk management, all the while responding to the wide range of expectations from various stakeholders through our active social contributions.At the same time, we will persistently work with society to help guide our future development, therefore becoming a trusted member of society
Achievements of the Medium-Range Management Plan and Plotting the Next Medium-Range Management Plan
The current medium-range management plan (a 4 year plan from fiscal years 2002 to 2005) with its active expansive policy that follows two threads - "large scale improvement of growth potential" and "further improvement of profit performance" - has entered its last fiscal year.Goals in this plan (consolidated) include: "158 billion yen in sales, 15.5 billion yen ordinary profit and 10% ROE in fiscal year 2005.The consolidating accounting for fiscal year 2004 recorded the highest totals ever in all fields - amount of sales, ordinary profit, current profit and net earnings for this term.In fiscal year 2005, too, we have progressed steadily towards achieving the goals mentioned above.
Currently, we are designing our next medium-range management plan (a 3 year plan for fiscal years 2006 to 2008) with a "consolidated sales amount of 200 billion yen" as our new target.
Our Hopes for the Newly Born ADEKA
We are changing our corporate name to "ADEKA CORPORATION " in May 2006 and moving to a new headquarters building that is currently under construction in Higashiogu, Arakawa-ku, Tokyo, where the corporation was born.As the new medium-range management plan will also begin at that time, the company will reborn as "New ADEKA" with a new corporate brand and a new corporate building.
We will continue our efforts to contribute to society and heighten our corporate value, while working to become an advanced global corporation.
We greatly appreciate all the shareholders and investors who continue to support and encourage our work.Thank you very much.
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