The group has adopted a new corporate philosophy on the occasion of its 150th anniversary, in April 2022.
While placing the highest priority on customer-oriented management, we will not only prioritize the company’s development, but also ensure that employees feel satisfaction and happiness in their work and growth, which will in turn lead to the company’s growth. This is the corporate spirit that has been passed down in Asahi Printing from generation to generation.
To determine our course for the future, we have defined “Mission” to represent the beliefs that our group
should fulfill for society, “Vision” as the ideal image which Asahi Printing pursues, and “Values” as the group’s common “12 Principles.” Based on these, all employees of the Asahi Printing Group will work together toward our customers’ needs and social development. We will also deliver our corporate identity,
enhance corporate value and achieve sustainable growth.
The Asahi Printing Group Code of Conduct sets forth the basic internal standards to be observed by all Asahi Printing Group directors, officers, and employees (hereinafter collectively referred to as “Asahi Officers and Employees”). Asahi Printing Group, in addition to declaring that it will itself comply with this Code of Conduct, requests that all Asahi Officers and Employees read this Code of Conduct, understand it, and comply with it.
In April 2022, we launched a new mid-term business plan, AX2024 (Asahi Transformation 2024), which takes over the AD2021 Plan and sets forth goals to be achieved by fiscal 2024.
Under our slogan, “Embracing the spirit of ‘tsu tsu mu ko ko ro – the heartfelt hospitality’ and taking a new first step,” we will strive to create unwavering added value in the packaging for our customers and enhance the corporate value of the entire Asahi Printing Group by implementing the following five business strategies.
- Strategically expand market share in pharmaceuticals and cosmetics fields and take on the challenge of new business sections. (strengthen label business, packaging machinery sales business and new businesses)
- Optimize our productivity and added value to customers.
- Build a system that enables all employees of the Asahi Printing Group to have goals and pride in what we do and perform at our best.
- From Toyama to the World.
Expand the business in ASEAN region and develop strategies to enter the next market.
- Bring together all the resources and technologies of the Asahi Printing Group to generate synergies among the entire group's businesses.
In terms of management index, for the period of this medium-
term management plan, we have set sales and operating
income margin targets and will strive to achieve them by
efficiently practicing the PDCA cycle.
In addition, we are committed to building a robust
management structure that can generate steady profits without depending on the
amount of sales, and we prioritize the Return on Equity (ROE)
as our performance indicator.
Furthermore, we will continue to focus on business
operations to achieve a higher ROE over the medium to long
term, and also we will strive to continuously increase
corporate value and shareholder value by maintaining more
than 40% of our payout ratio.
Numerical Targets for AX2024 Plan
Consolidated Net Sales：JPY 42,000,000,000
Operating Income：7％
ＲＯＥ：6％
Payout ratio：40％ or more
Period：April 2022 to March 2025
