“A technology and intelligence oriented company
that turns wisdom into business.”
"To become the technology and intelligence oriented
company that turns wisdom into business." That is Nagase's
vision.
Rooted in a deep belief that “the market has all the
answers”, this vision expresses our commitment in being
customer-oriented. Nagase determines to move beyond the intermediary
role of a trading company, through optimizing our “technology,” “information” and “wisdom,” enhanced
by our century-old experience, to create businesses that
keep pace with the changing market.
Customer demands are becoming more diverse, complex and
sophisticated. A straightforward intermediary business approach
is insufficient in satisfying these demands. Meanwhile, we
are also aware that regardless of industry, the era in which
one single company meets all market needs is long gone. To
help the present day customers create new value adds, we
will continue to propose and develop new business synergies,
emphasizing our role as a reliable business partner.
To fulfill this vision, Nagase formulated and launched a
new 3-year Medium-term Management Plan in April 2003 entitled
WIT21 to replace its former plan WIT2000. WIT is an acronym
for three important keywords, which Nagase believes will
help us achieve growth and profitability - Wisdom, Intelligence
and Technology.
WIT21 aims to multiply our group strength, create new businesses,
take initiative in the market, and increase corporate value
from: the know-how we have accumulated over 170 years in
operation; our trusted relationships with more than 6,000
customers and partners; our technology, discoveries and intellectual
properties; and the integrated collaboration among our business
divisions.
In focus, WIT21 looks at four strategic business sectors:
Electronics (including the electrical industry); Life Sciences
(including the Pharmaceuticals and Health Care Industries);
Automotive-related businesses, and overseas operations. Resources
and investments will be intensified in these focused areas
to continue the increase in our revenues.
In parallel, WIT21 will also channel energies into developing
its human resources, strengthening its management competencies
and implementing staff training programs, so as to nurture
good employees capable of building business globally.
THE 3 Part Vision of WIT21
Long Term Vision

Financial
Vision

Electronics
|
- Expand sales of highly advanced chemical products
to the electronics industry
- Further develop our business targetting the flat
panel display, semi-conductor and telecommunications
industries
- Move forward with the global expansion of Group manufacturing
companies such as Nagase ChemteX Corp., Nagase Finechem
SIngapore (Pte) Ltd. and Nagase ChemteX (Wuxi) Corp.
|
Life Sciences
|
- Expand our business offering customized synthesis
of pharmaceutical intermediates and clinical reagents
- Increase sales of cosmetics and health foods by
strengthening door-to-door sales and sales at retail
outlets
- Enhance the medical care business, including medical
information systems and diagnostic equipment
- Improve the new drug synthesis process and pursue
research applications for natural extracts at the Nagase
R&D Center
|
Automotive
|
- Expand operations by upgrading bases in Japan, North
America, Europe, Thailand and China
- Develop the mold software engineering business globally
- Expand components and products business
|
Overseas Operations
|
- Strengthen Group manufacturing capabilities
- Increase sales to local companies
- Expand operations by establishing joint ventures
and providing support for overseas expansion
|