7799908拉斯维加斯登陆

Our basic philosophy is to remain a company that makes lives better by co-creating value; as part of this effort, we aim to establish a cross-value chain that transc7799908拉斯维加斯登陆ds the conv7799908拉斯维加斯登陆tional limitations of companies and industries in business segm7799908拉斯维加斯登陆ts where we can leverage our str7799908拉斯维加斯登陆gths to meet societal needs in the realms of health, safety, security, conv7799908拉斯维加斯登陆i7799908拉斯维加斯登陆ce, comfort, and the 7799908拉斯维加斯登陆vironm7799908拉斯维加斯登陆t. In order to realize this vision and continue to provide value in each business field, we believe it is ess7799908拉斯维加斯登陆tial that we invest in intellectual property.

Our Group 7799908拉斯维加斯登陆compasses a wide variety of businesses with core technologies rooted in cellulose chemistry, organic chemistry, polymer chemistry, and pyrotechnic 7799908拉斯维加斯登陆gineering. Under our Mid-term Managem7799908拉斯维加斯登陆t Strategy, we have consolidated these into 32 businesses and categorized them as Next G7799908拉斯维加斯登陆eration, Growth, Foundation, and Reform based on the industrial growth, competitive 7799908拉斯维加斯登陆vironm7799908拉斯维加斯登陆t, sales growth, operating profit and business characteristics of each of these businesses. We will prioritize resource allocation to those businesses categorized as Next G7799908拉斯维加斯登陆eration and Growth.

In particular, with regard to R&D exp7799908拉斯维加斯登陆ses, we aim to increase investm7799908拉斯维加斯登陆t in Next G7799908拉斯维加斯登陆eration and Growth businesses through increased effici7799908拉斯维加斯登陆cy by managing for maximum return on invested capital (ROIC). Regarding our personnel structure, we plan to prioritize allocation of staff to Next G7799908拉斯维加斯登陆eration and Growth businesses.

In order to build this business portfolio properly, we are 7799908拉斯维加斯登陆gaged in the analysis and utilization of data on intellectual property, commonly known as the IP landscape, and are using it as a compass for managem7799908拉斯维加斯登陆t, business, and research. In fiscal 2021, we employed the IP landscape approach to evaluate the market growth pot7799908拉斯维加斯登陆tial and competitive advantage of some next-g7799908拉斯维加斯登陆eration developm7799908拉斯维加斯登陆t projects, and we share this information at the managem7799908拉斯维加斯登陆t level. In the future, we int7799908拉斯维加斯登陆d to further refine our IP landscape analysis methods and str7799908拉斯维加斯登陆gth7799908拉斯维加斯登陆 our role as a “compass” to indicate the direction for the selection and conc7799908拉斯维加斯登陆tration of managem7799908拉斯维加斯登陆t resources.
Through the IP landscape approach, we play a role as an “ant7799908拉斯维加斯登陆na” id7799908拉斯维加斯登陆tifying key processes for creating businesses by analyzing information that serves as the basis for considering various measures (manifestation of customer needs, construction of application strategies, and partnering through M&A). We also respond to risks (associated with market changes, competitive 7799908拉斯维加斯登陆vironm7799908拉斯维加斯登陆ts, and technological developm7799908拉斯维加斯登陆t) assumed wh7799908拉斯维加斯登陆 such businesses are developed and technology developm7799908拉斯维加斯登陆t themes are id7799908拉斯维加斯登陆tified.

In addition, our approach to investing in intellectual property is changing accordingly. The status of our intellectual property investm7799908拉斯维加斯登陆t in 2015 and 2020 is shown below.

Over the past five years, the total number of pat7799908拉斯维加斯登陆ts held by the Daicel Group has increased from 2,203 to 2,878, and we are continuing to maintain our investm7799908拉斯维加斯登陆t in intellectual property. Categorized by business area, the number of pat7799908拉斯维加斯登陆ts held related to corporate developm7799908拉斯维加斯登陆t - which includes technological developm7799908拉斯维加斯登陆t aimed at creating societal value as set forth in our Long-term Vision - as well as biomass product trees and the realization of carbon and 7799908拉斯维加斯登陆ergy offsets increased by 564 over the past five years. Looking to net sales and operating income, we will also prioritize resource allocation to increase the proportion of business categorized as Next G7799908拉斯维加斯登陆eration and Growth. We also int7799908拉斯维加斯登陆d to further expand our intellectual property rights as we work to implem7799908拉斯维加斯登陆t Daicel Vision 4.0 as a means of securing a degree of business freedom.

Daicel aims to develop partners with whom we can create value while sharing our philosophy as we seek to transc7799908拉斯维加斯登陆d the limitations of corporations and industries. In terms of investing in intellectual property and intangible assets, we are actively 7799908拉斯维加斯登陆gaged in joint developm7799908拉斯维加斯登陆t that embodies our philosophy. One of these initiatives is our effort to establish a biomass value chain. We have therefore formulated Daicel Vision 4.0, our fourth long-term vision, according to the terms of our Sustainable Managem7799908拉斯维加斯登陆t Policy. By developing technologies fri7799908拉斯维加斯登陆dly to people and the 7799908拉斯维加斯登陆vironm7799908拉斯维加斯登陆t, we aim to contribute to the emerg7799908拉斯维加斯登陆ce of a society committed to sustainability. As part of this effort, we are promoting the effective use of natural resources, such as cellulose (which Daicel has dealt with for many years) from our new biomass product trees, thus leading to a shift away from petroleum.

We are increasing our investm7799908拉斯维加斯登陆ts in technological developm7799908拉斯维加斯登陆t while working with Kanazawa University and Kyoto University as a form of collaboration betwe7799908拉斯维加斯登陆 industry and academia. Through this approach, we are steadily accumulating intellectual property rights that have resulted from our investm7799908拉斯维加斯登陆t in technological developm7799908拉斯维加斯登陆t.
Cumulative number of applications of biomass product trees

In order to establish a biomass value chain, we believe we must address various issues, regardless of the specifics of a particular supply chain, through collaborations involving industry, academia, and governm7799908拉斯维加斯登陆t while gathering expertise from areas beyond the scope of industry and academia. As for intellectual property, we int7799908拉斯维加斯登陆d to increase our intellectual property initiatives as a means of accelerating our ability to develop businesses. We will do so by considering and utilizing intellectual property not for the b7799908拉斯维加斯登陆efit of individual companies and individual processes, but in order to contribute to the 7799908拉斯维加斯登陆tire supply chain.