The Toyobo Group has thus far addressed two management issues simultaneously. These are making structural reforms in its textile and other related products business and expanding its specialty businesses: namely, films and functional plastics, industrial materials, and life science. By the fiscal year ended March 2009, Toyobo had almost completed its restructuring of the textile and other related products business and is now giving maximum priority to accelerating growth in its specialty businesses to “enter a new stage in growth.”
At present, Toyobo is working to become “the strong company with growth and stability.” To attain this objective, Toyobo is devoting its resources to implement the following:
(a) Investments to Expand Capacity
(b) Acceleration of Overseas Business Development
(c) Improvement of the Product Portfolio
(d) Improving Asset Efficiency