Kuraray : Cover, Editorial Policy, Contents（2,212KB）

Kuraray Report

2024

For Fiscal 2023, Ended December 31, 2023

For people and the planet-

to achieve what no one else can.

Kuraray Report 2024

About the Publication of Kuraray Report 2024

Seeking to Further Dialogue and Deepen Trust with Stakeholders

Since 2018, the Kuraray Group has issued the Kuraray Report so that all stakeholders, including shareholders and investors, can gain a deeper understanding of our efforts toward value creation over the medium to long term.

We are currently implementing the Medium-Term Management Plan "PASSION 2026," extending from 2022 until 2026, which marks our 100th anniversary. Kuraray Report 2024 reports on the progress, results, and issues of the three challenges set out in "PASSION 2026" and explains how we are working to fulfill our social responsibilities through business.

We will continue to pursue constructive dialogue with all of our stakeholders, using the Kuraray Report as one of our engagement tools. We look forward to hearing feedback from readers of this report.

Editorial Policy

The Kuraray Report compiles financial and ESG-relatednon-financial information regarding the Kuraray Group's efforts to create sustainable value.

In compiling the report, we referred to the International Integrated Reporting Framework of the IFRS Foundation and the Guidance for Collaborative Value Creation from the Japanese Ministry of Economy, Trade and Industry. The report also uses the Global Reporting Initiative (GRI) Standards as a reference. A comparison between them is shown on our website.

GRI Standards Content Index

• All financial data is on a consolidated basis.
• Financial data (results) expressed in billions of yen are rounded to the nearest hundred million yen.
• Forecasts and outlooks are based on assumptions and suppositions regarding the future operating environment and economic conditions at the time of publication, which may differ from actual results.

Reporting Period

January 1 to December 31, 2023

• Some information from after January 2024 is included.
• Please note that the "2024" in the title refers to the year this report was published.

Scope of the Report

02

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Approach to Disclosure

Kuraray Report (integrated report)

Puts priority on key financial and non-financial information related to the Kuraray Group's sustainable value creation. Please see the website for a wider range of more comprehensive information and detailed data.

Website

			Offers general information about the
			Kuraray Group, including corporate
			information, products and services,
			R&D, IR activities and finance,
			sustainability, recruitment
			information, and news releases.
	Investor Relations		Sustainability Website
	Offers information on management	Offers information on material
	policy, the Medium-Term Management	issues, our Sustainability
	Plan, various briefing materials, and	Medium-Term Plan, and
	performance-related data.		sustainability-related data.
Corporate Reporting
	Announcement of	Kuraray Report	Corporate
	Financial Results	(financial section)	Governance
	Management	Fact Book	Report

Briefings

Kuraray Co., Ltd. and the Kuraray Group companies

Message from the Manager in Charge of DX Talent Development, Comment from a DX Gold-ClassStudent

Kuraray Report 2024

Contents

03

Kuraray Group Businesses

04At a Glance

05Products with top market share worldwide and products that contribute to the natural and living environments

06Global Portfolio

"For People and the Planet"

07Top Statement

12Our Origins

13A History of Addressing Social Issues

15Our Challenges

16Creating New Value

	Key Points of Kuraray Report 2024
Point 1	Spells out our vision for the next generation,
guided by the challenges we face
Point 2	Clarifies the relationship between efforts
to create value and strengthen capital
	grounded in Our Mission

Asserts the certainty of achieving

Point 3 our goals for fiscal 2026 through ROIC management

P.07, P.16, P.17

P.20, P.21, P.26

P.24, P.48

17Challenges for a Future Vision

Toward Realizing the Vision

20Value Creation Process

21Working to Strengthen Capital

22Roadmap for the Vision

24Building a More Sophisticated Business Portfolio

26Visualizing and Quantifying Social and Environmental Value

Three Challenges

28Our Challenges 1  Sustainability as an Opportunity

29- Planet

31- Product

33- People

36Message from General Manager in Charge of Global HR 37Our Challenges 2  Innovations Starting from Networking

41Dialogue with the General Manager of the Innovation Network Center and the General Manager of the Research and Development Division

44Our Challenges 3  Transformation of People and Organization 47

Business and Growth Strategies

48Message from the Officer in Charge of Finance 51Strategies by Segment

51- Vinyl Acetate

52- Isoprene

53- Functional Materials

54- Fibers and Textiles

55- Trading

Management Foundation

56Message from the Chairman of the Board of Directors 57Corporate Governance

61Executives

64Risk Management and Compliance

66Message from an Outside Director

Corporate Data

67Corporate Overview, Stock Information, Inclusion in ESG Indexes 68Financial and Non-Financial Highlights