Mid-term Management Plan

The Adventure to Our Sustainable Future

Term of the plan

From April 2023 to March 2026

Outline of the plan

It reflects our desire to emprace challenges boldly and embark on an adventure towards a sustainable future for all stakeholders, despite the frantic pace of changes in external environment and the difficulty of predicting what lies ahead. We will work even more vigorously to create shared value to achieve our long-term target, IINO VISION for 2030, aiming to be an independent global company that continues to evolve with creative ideas in response to the demands of the times.

Main themes

Portfolio management and challenge of achieving carbon neutrality

Overview of priority strategies

Creating Economic Value, priority strategie; portfolio management

• From FY2023 to FY2025
• - Prioritize allocation of management resources on growth and new businesses to cultivate and expand revenue base
• - Improve ROIC by significantly enhancing sales capabilities and service quality in core businesses and, stable and mature businesses

• From FY2026 to FY2030
• - Execute investment to replace independently operated vessels with next-generation fuel vessels in core businesses and solidify competitive advantages
• - Make large gas carriers our core business by improving ROIC, and grow it into a core business pillar alongside chemical tankers

Creating Social Value, priority strategie; challenge of achieving carbon neutrality

• - Formulate a new roadmap to achieve carbon neutrality by 2050
• - Raise the previous reduction rate target for 2030 and strengthen decarbonization efforts
• - Update this roadmap and revise the reduction rate upward in accordance with IMO's new GHG reduction strategy and other changes in international reduction targets
• - Promote company-wide efforts to acquire SBT certification

Key Numerical Targets

Shareholder Return Policy