April 14, 2022 — Uyeno Group Holdings Ltd. announced that it has established the Uyeno Group Medium-term Business Plan for Fiscal 2022–2030, which outlines the future vision for the Uyeno Group.

1. The New Uyeno Group Vision

The Uyeno Group has established a new vision: “be the energy for leading our industry and the world to a sustainable future.”

2. Outline of the Uyeno Group Medium-term Business Plan for Fiscal 2022 to 2030

Amid the dramatic changes in the environment and values surrounding the Uyeno Group, the Group has formulated a medium-term business plan for the period through fiscal 2030. The plan is designed to drive sustainable growth focusing on the three business fields of petroleum, chemicals, and new businesses. The three-year period ending with fiscal 2024 is the first phase of this medium-term management plan, which the Group considers a time for building foundations. In this first phase, the Group is working toward a goal of consolidated net sales exceeding 100 billion yen, according to its basic policy “to pursue advanced initiatives and accelerate the expansion of the business portfolio with overwhelming competitiveness.”

The Uyeno Group will work hard to achieve the new group vision by fulfilling its long-standing mission to “enrich lives and propel society forward with safety and quality.”

Business Strategies

■ Petroleum Business

The Group’s strategy for its petroleum business is to pursue efficiency and advancements to secure stable profits. Even amid today’s trend toward carbon neutrality, the Group’s mission and responsibility to support logistics for existing petroleum resources as well as new energy sources — which are both important components of social infrastructure — will not change. By pursuing the early development of advanced technologies such as AI and smart ships, the Group will accelerate its efforts to acquire new business opportunities in its petroleum-related business.

■ Chemical Business

Driven by its sales business, the Uyeno Group will practice integrated logistics and dramatically increase its profits. The Group aims to maximize group synergies and deliver differentiation with its Total Chemicals Distributor Service.

■ New Businesses

The Uyeno Group seeks to develop new business fields and achieve early commercialization to address social changes focused on carbon neutrality. The Group will thoroughly unify information from all group companies in order to develop new businesses. Advanced technology development will not be limited to the Group’s resources. The Group will also diversify investment risks using partner strategies. In all this, the Group will focus on business development and advancement in fields that will be indispensable for the future of contemporary society.

Strengthening the Business Management Foundation

The Uyeno Group recognizes that the dramatic changes in the external environment will require reform of its corporate culture and human resources systems. It is also committed to bringing accidents to zero as it moves toward the mark of 200 years in business. The Group aims to maximize individual and organizational capabilities by promoting diversity, to create an industry-leading platform via digital transformation, to maintain financial soundness, and to strengthen its communication of environmental and CSR efforts.

Via the medium-term business plan, the Uyeno Group will fulfill its new vision, contributing to the prosperity of people’s lives and the development of the broader society, including its customers and other stakeholders. In so doing, the Group will work to achieve long-term growth and deliver improved corporate value.