Message from the President

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Photo: Masashi Fujii President and Representative Director

Under the MGC Group’s mission of “creating value to share with society,” we will endeavor to enhance corporate value by constantly reviewing our business portfolio and other efforts, and practice well-being management with human capital as the wellspring of value creation.

On the occasion of the fiftieth anniversary of our founding in 2021, we announced the MGC Way corporate philosophy, which advocates our ideal of becoming an “excellent company with uniqueness and presence built on chemistry.” By displaying our outstanding presence and unique individuality in the chemical industry, we will be able to achieve sustained growth and aim to realize our mission of “creating value to share with society.”

At the same time, in our medium-term management plan, one of the goals that we set is to “Shift to a profit structure resilient to changes in the business environment: Business portfolio reform.” We have classified our businesses into the four categories of foundation businesses, differentiating businesses, new/next-generation businesses, and unprofitable businesses or those needing rebuilding. Realizing the need for a business portfolio that is not easily swayed by the external environment, we are promoting reforms and constant reviews while keeping capital efficiency in mind. In addition, as a parallel medium- to long-term goal, we aim to achieve annual net sales of over 1 trillion yen and operating profit of over 100 billion yen in fiscal 2030.

Another target of the medium-term management plan is to “Balance social and economic value: Toward sustainable growth.” As well as specifying materiality from the perspectives of CSV and ESG factors, including measures to combat climate change, we are striving to promote sustainability management to achieve both the sustained development of society and the sustained growth of our Group itself. I see the global demands toward the realization of carbon neutrality as not a headwind against us but rather a tailwind giving us a push from behind. Our Group is united in our efforts both to contribute to the decarbonization of the world by utilizing the technology and business foundations that we possess, beginning with the circular carbon methanol concept, and to create new business opportunities for us.

Furthermore, I recognize that human resources, or human capital, are an important asset for enhancing our corporate value, and I believe that every individual employee constitutes the wellspring of value creation, exerting an influence on others as the growth engine of the Group and drawing in others to create an enormous power. And I realize that in the present uncertain times, when predicting the future is so difficult, the synergy generated by co-creation both inside and outside the MGC Group and diversity of human resources are going to become increasingly important. Rather than being stalled by the bewildering environmental changes surrounding the chemical industry, I want us, as an “excellent company with uniqueness and presence,” to continue pursuing both the well-being of our employees and the sustained growth of the company.

I look forward to the continued support and understanding of our shareholders and investors.

Masashi Fujii
President and Representative Director
September 2023