Teijin to expand European automotive business
Fibres/Yarns/Fabrics
Teijin shares its growth strategy
Teijin has released its Integrated Report 2017, which covers the company's financial information, management strategies and more.
1st September 2017
Innovation in Textiles
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Tokyo
In a special feature, the managements of the materials business field, healthcare business field, global business strategy and information and innovation strategy explain their strategies for future development, entitled Establish New Business to Reshape the Future and the Supporting Management Base.
The report additionally covers the profile and FY2016 results of the materials business field, the healthcare business field and the IT business, all of which support the basic profitability of the Teijin Group. It also focuses on the Group’s growth strategy, based on its medium-term management plan for the following business areas: environmental value solutions; safety, security and disaster mitigation solutions; and demographic change and increased health consciousness solutions. The report also covers the Group’s R&D strategy, seen as a core component of the company’s sustainable growth.
Sustainable business and social development
With a focus on sustainable business and social development, the report additionally covers materiality in the context of corporate social responsibility, a further key issue for the Teijin Group. It also reports on individual policies and 2016 business performance in the specific areas of environmental impact reduction, diversity and corporate governance—all highlighted in the new medium-term management plan as important means of strengthening the Group’s management foundations.
Major indicators of non-financial data are included, as are issues related to corporate social responsibility. The report additionally includes financial data from the past 11 years and a complete financial report for fiscal 2016.
Teijin Group
Teijin is a technology-driven group offering advanced solutions in the areas of environmental value; safety, security and disaster mitigation; and demographic change and increased health consciousness.
Its main fields of operation are high-performance fibres such as aramid, carbon fibres and composites, healthcare, films, resin and plastic processing, polyester fibres, products converting and IT. The group has some 170 companies and around 19,000 employees spread out over 20 countries worldwide.
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