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“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




Strategic 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