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Annual Report 2007 Annual Report 2007 Basic Credo of the Asahi Kasei Group

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Annual Report 2007 Annual Report 2007 Basic Credo of the Asahi Kasei Group Annual Report 2007 Annual Report 2007 Basic Credo of the Asahi Kasei Group Basic tenets We the Asahi Kasei Group, through constant innovation and advances based in science and the human intellect, will contribute to human life and human livelihood. Guiding precepts We will create new value, thinking and working in unison with the customer, from the perspective of the customer. We will respect the employee as an individual, and value teamwork and worthy endeavor. We will contribute to our shareholders, and to all whom we work with and serve, as an international, high earnings enterprise. We will strive for harmony with the natural environment and ensure the safety of our products, operations, and activities. We will progress in concert with society, and honor the laws and standards of society as a good corporate citizen. Contents The Asahi Kasei History .................................................................................................................. 01 Consolidated Financial Highlights ................................................................................................. 04 To Our Shareholders ....................................................................................................................... 05 Driving the Strategic Advance: Growth Action – 2010 ................................................................... 06 Asahi Kasei Group Operations, Worldwide ................................................................................... 12 At a Glance ...................................................................................................................................... 14 Operating Segment ........................................................................................................................ 16 Corporate Governance ................................................................................................................... 32 Corporate Social Responsibility ...................................................................................................... 36 Directors, Corporate Auditors, Executive Officers ........................................................................ 38 ASAHI KASEI CORPORATION Financial Section ............................................................................................................................. 39 Major Subsidiaries and Affiliates ................................................................................................... 70 Corporate Profile ............................................................................................................................ 72 Investors Information ..................................................................................................................... 73 A copy of the Company,s annual report and further information CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS The statements contained in this annual report with respect to Asahi Kasei’s estimated future revenues and profits, strategies, tenets, financial forecasts, and will be made available upon request in writing to: other statements that are not historical facts are forward-looking statements. Such forward-looking statements are based on management’s judgments, Corporate Communications predictions, and forecasts in light of information currently available and involve many potential risks and uncertainties that could cause actual results to differ materially from the content of these statements. Accordingly, undue reliance should not be placed on such forward-looking statements. Asahi Kasei Corporation 1-1-2 Yurakucho, Chiyoda-ku, Tokyo 100-8440, Japan Phone: +81-3-3507-2060 Fax: +81-3-3507-2495 This annual report was printed with ASAHI KASEI CORPORATION www.asahi-kasei.co.jp vegetable-based ink on recycled paper. Annual Report 2007 Annual Report 2007 Basic Credo of the Asahi Kasei Group Basic tenets We the Asahi Kasei Group, through constant innovation and advances based in science and the human intellect, will contribute to human life and human livelihood. Guiding precepts We will create new value, thinking and working in unison with the customer, from the perspective of the customer. We will respect the employee as an individual, and value teamwork and worthy endeavor. We will contribute to our shareholders, and to all whom we work with and serve, as an international, high earnings enterprise. We will strive for harmony with the natural environment and ensure the safety of our products, operations, and activities. We will progress in concert with society, and honor the laws and standards of society as a good corporate citizen. Contents The Asahi Kasei History .................................................................................................................. 01 Consolidated Financial Highlights ................................................................................................. 04 To Our Shareholders ....................................................................................................................... 05 Driving the Strategic Advance: Growth Action – 2010 ................................................................... 06 Asahi Kasei Group Operations, Worldwide ................................................................................... 12 At a Glance ...................................................................................................................................... 14 Operating Segment ........................................................................................................................ 16 Corporate Governance ................................................................................................................... 32 Corporate Social Responsibility ...................................................................................................... 36 Directors, Corporate Auditors, Executive Officers ........................................................................ 38 ASAHI KASEI CORPORATION Financial Section ............................................................................................................................. 39 Major Subsidiaries and Affiliates ................................................................................................... 70 Corporate Profile ............................................................................................................................ 72 Investors Information ..................................................................................................................... 73 A copy of the Company,s annual report and further information CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS The statements contained in this annual report with respect to Asahi Kasei’s estimated future revenues and profits, strategies, tenets, financial forecasts, and will be made available upon request in writing to: other statements that are not historical facts are forward-looking statements. Such forward-looking statements are based on management’s judgments, Corporate Communications predictions, and forecasts in light of information currently available and involve many potential risks and uncertainties that could cause actual results to differ materially from the content of these statements. Accordingly, undue reliance should not be placed on such forward-looking statements. Asahi Kasei Corporation 1-1-2 Yurakucho, Chiyoda-ku, Tokyo 100-8440, Japan Phone: +81-3-3507-2060 Fax: +81-3-3507-2495 This annual report was printed with ASAHI KASEI CORPORATION www.asahi-kasei.co.jp vegetable-based ink on recycled paper. The Asahi Kasei History Investors Information As of April 1, 2007 Our roots Growth in concert with the Japanese economy Selective diversification and structural transformation Stock Listings Tokyo, Osaka, Nagoya, Fukuoka, Sapporo Throughout Japan’s period of post-war recovery and into the 1990s, our expansion and growth was The seven years from fiscal 1999 to fiscal 2005 were a time of selective Stock Code 3407 largely driven by diversification. As it became clear that greater selectivity of businesses was required diversification and structural transformation to establish a solid basis for renewed Authorized Shares 4,000,000,000 to revitalize operations, we moved beyond this mode of growth through diversification and entered a growth and expansion. phase of selective diversification and structural transformation. With the Ishin-2000 initiative of fiscal 1999 to fiscal 2002, we accelerated the Outstanding Shares 1,402,616,332 transformation to a high-earnings operational structure, and made a transition to a Transfer Agent Sumitomo Trust & Banking Co., Ltd. 4-5-33 Kitahama, Chuo-ku Asahi Kasei’s operating profit* high-speed management system. Performance chemicals, electronics, and medical Japan’s GDP devices were expanded as high-earnings businesses, while viscose rayon, foods, and Osaka 541-8639, Japan liquors, businesses with lower assets efficiency, were divested or closed. Independent Auditors PricewaterhouseCoopers Aarata Shitagau With the Ishin-05 initiative of fiscal 2003 to fiscal 2005, we advanced the Number of Shareholders 126,348 Noguchi Selective transition to a high-earnings business portfolio, and in October 2003 made a diversification and Our roots trace to the May 1922 structural transformation to a holding company configuration with a core operating company Largest Shareholders % of equity* FY 1960=100 transformation establishment of Asahi Kenshoku in each main field
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