Medium-Term Management Plan (2026-2030)

Overview of the Medium-Term Management Plan

Idemitsu Kosan Co., Ltd. has announced a medium-term management plan spanning FY 2026 to FY 2030. The business strategy comprises three themes: deepening existing businesses (GRIT), creating growth businesses (GROWTH), and challenging for low/zero-carbon businesses (CNX). The human resources strategy positions all employees as change agents, aiming to promote co-creation and enhance new value creation. Strengthening the business platform will advance management processes and value creation. The planned cumulative investment is 1,800 billion yen, with ROE targets of 12% for FY 2027-28 and over 13% by FY 2030, and ROIC of more than 7% by FY 2030. Pre-tax profit is projected at 360 billion yen in FY 2030.

Environmental Awareness and Business Strategy Rebalancing

In light of increasing uncertainties in the business environment, we will rebalance our business strategy to reinforce practical earnings capabilities. We will focus on strengthening existing business foundations, while expanding new business creation in promising growth areas, and driving challenges in low/zero-carbon businesses. To achieve carbon neutrality by 2050, we will pursue multifaceted initiatives such as energy security enhancement, development of decarbonization technologies, and supply chain fortification. Through co-creation with partners, we aim to enhance corporate value and contribute to solving social issues.