Long-Term Management Plan
New Vision Statement and DIC Vision 2030 Long-Term Management PlanDIC’s Redefined Vision Statement
The danger to our planet posed by global climate change has clarified our 10-year goals. There’s widespread consensus on achieving carbon neutrality as a global solution with a clock. Moreover, the global COVID-19 pandemic has created a new normal that we expect to significantly accelerate the transition to a digital society.
Considering this grand paradigm shift, the DIC Group must now balance maximizing our financial profits with maximizing our social significance. Given these new imperatives, we must share our motivations with our stakeholders externally and promote purpose-driven management internally.
Thus, the DIC Group has redefined our Vision Statement to better express our purpose.
We have redefined our Vision to express our goals to deliver greater value through broader innovation, improving the human condition and promoting sustainability for a brighter future.
Our Redefined Vision Statement
We improve the human condition by safely delivering color and comfort
for sustainable prosperity －Color & Comfort
Basic Policy of DIC Vision 2030
To realize its redefined vision statement, DIC has devised a new long-term management plan, DIC Vision 2030. Looking ahead to 2030, the Company has identified five priority business areas in which it will leverage its competitive strengths to contribute to a society that is Green, Digital, and emphasizes Quality of Life (QOL), concentrating its allocation of management resources to transform its business portfolio and help achieve sustainability for the global environment and for society. DIC will also make necessary investments in human capital, its most important resource, with the aim of maturing as a “global company trusted by society.”
■ DIC Vision 2030 Basic Policy Enhances Corporate Value under Our New Vision
Our Redefined Vision Statement
We improve the human condition by safely delivering color and comfort
for sustainable prosperity —Color & Comfort
We have redefined our Vision to express our goals to deliver greater value through broader innovation,
improving the human condition and promoting sustainability for a brighter future.
DIC Vision 2030 Basic Policy
Safely Delivering Color & Comfort for Sustainable Prosperity
To Enhance Shareholder Value and Long-Term Corporate Value
—Establishing a business portfolio beyond ink products and carbon neutrality initiatives—
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Long-Term Management Plan: DIC Vision 2030 [2,458KB]Basic Strategies
1）Business portfolio transformation
- Identify and concentrate allocation of management resources in five priority business areas in which DIC can make important contributions to a society that is increasingly green, digital and QOL-oriented by leveraging its competitive strengths.
- Based on market growth potential and degree of impact on society, identify five priority business areas at the intersection of environment, safety and health (ESH)-related issues and DIC’s competitive strengths.
・Sustainable energy ・Healthcare ・Smart living
・Color science ・Sustainable packaging - Establish sustainable energy and healthcare as new business pillars
- Promote Value Transformation in smart living, color science and sustainable packaging to make business more sustainable
Five strategies to transform DIC’s business portfolio
- - Reinforce management of human capital
- - Make strategic investments (budget ¥230 billion for strategic investments between fiscal years 2022 and 2025)
- - Enhance the technology platform
- - Establish a more robust global management configuration
- - Promote information technology (IT) and digital transformation (DX) -
2) Sustainability strategies
- Work to expand sustainable* products, that is, products that demonstrate unique competitive strengths and respond to ESH-related issues
Target: Increase sustainable products to 60% of net sales by fiscal year 2030 (fiscal year 2020: 40%)
Note: DIC positions products that demonstrate unique competitive strengths and respond to ESH-related issues as “sustainable.” - Promote efforts to reduce CO₂ emissions and help realize a carbon-neutral society
Target: Achieve carbon neutrality by 2050 and reduce CO₂ emissions by 50% from the fiscal year 2013 level by fiscal year 2030 - Advance efforts to respond to a circular economy, thereby contributing to a sustainable society
Consolidated Results Targets (Fiscal Years 2022–2025)
* EBITDA = Net income + Total income taxes + (Interest expenses – Interest income) + Depreciation and amortization
** ROIC = Net operating income after tax / (Net Interest-bearing debt + Net assets)
*** Net D/E ratio = Net Interest-bearing debt ÷ Net worth
**** Net D/C ratio ＝ Net Interest-bearing debt ÷（Net Interest-bearing debt＋Net assets）
