Message from CEO

Through growth and selective management, we aim to change society and be the best in the world. 

 

We will promote thorough corporate transformation as the first step in our long-term vision 
 

In fostering corporate culture, I have emphasized the importance of our Values since the very beginning. Through continuous dialogue with employees, a shared understanding of what our Values mean in practice has taken root and become deeply embedded across the organization. At the same time, another important mindset has spread throughout the company: "Resonac is not a lifetime-employment company. Instead, we are committed to developing people who can succeed anywhere in the world." With these foundations in place, we are now ready to move to the next phase of our transformation.

Maximizing “Strategy × Individual Strengths × Corporate Culture” in anticipation of the arrival of an AI society
 

The value of Resonac is enhanced by maximizing the multiplier effect of Strategy × Individual Strengths  × Corporate Culture, and the results are already becoming visible. Of the key performance indicators established in our long-term vision through 2025, namely revenue exceeding ¥1 trillion, an EBITDA margin of 20%, and a price-to-book ratio (PBR) above 1.0, we have already achieved the revenue and PBR targets. The success of our structural reforms is also reflected in our share price.
At the same time, one major external development during our transformation has been the rapid advancement of AI. While AI creates significant growth opportunities for our company, it also requires us to reconsider the role of human beings. Looking ahead, it will become increasingly important to cultivate capabilities that AI cannot replicate: possessing ambition and purpose, making value-based judgments, and creating breakthrough innovations from zero to one.

Three hurdles that must be overcome in order to achieve growth 
 

Improving capital efficiency through business portfolio optimization

Our first priority in Phase 2 is to envision growth. We will position the semiconductor and electronic materials business as the primary driver of future growth while fundamentally improving profitability across all segments.
Through growth in AI-related materials and continued optimization of our business portfolio, we aim to increase the semiconductor and electronic materials segment to account for more than 50% of total revenue. More importantly, establishing ourselves as a functional materials company focused on semiconductor materials will substantially enhance our corporate value.
In this context, we see opportunities to form larger industry ecosystems through collaboration with other players. Partnerships, and potentially even integration among manufacturers, could facilitate technology sharing and complementary investment. Such synergies would contribute to the development of the semiconductor industry as a whole and benefit Japan's industrial competitiveness. Resonac aims to become a leading company within this evolving landscape and will accelerate growth accordingly.

Strengthening business growth capabilities through co-creative innovation
 

Our second priority is to expand growth. Leveraging the co-creation mindset we have cultivated, we will maximize both internal and external networks and continue to lead the market, particularly in semiconductor materials.
Our growth in the semiconductor materials field has been driven by our deep understanding of customer needs. Through our experience in establishing JOINT and JOINT2, we have accumulated extensive know-how in managing consortiums, including intellectual property and research outcomes.
Building on these strengths, we established US-JOINT, a consortium involving 12 material and equipment manufacturers from Japan and the United States. The consortium began full-scale operations in 2026. A key differentiator is its location in Silicon Valley, where the world's leading technology companies are continuously creating new concepts for semiconductor packaging.
Our objective is to develop a consortium framework capable of rapidly responding to these innovations while functioning as a shared platform for prototyping and experimentation. By becoming a trusted partner to hyperscalers leading the next era of AI, we can anticipate future market demand and strengthen our competitive position.

Establishing the foundation for sustainable growth centered on a culture of co-creation

Our third priority is to support growth. Our employee engagement score for the practice of Purpose and Values improved significantly from 34% in 2022 to 60% in 2024. However, the 2025 result remained at approximately the same level as the previous year. What will become increasingly important in the next stage is ensuring that employees experience genuine happiness and fulfillment at work.
To achieve this, we will not shy away from providing appropriate feedback and support to those who are struggling to demonstrate our Values. Building on the shared understanding of our Purpose and Values that has already been established, we will now move forward with organizational reform.
Reforms related to people and culture inevitably generate concerns and resistance. However, over the past four years, we have also cultivated a greater capacity for embracing change. There is now a common understanding within the company that "Resonac is willing to take bold action when necessary." While respecting individual perspectives, conducting phased trials, and ensuring fair processes, we will pursue meaningful reforms in order to enhance the happiness and fulfillment of all employees.

Passing on a more sustainable planet and society where people can live with happiness to the next generation
 

The growth we achieve in Phase 2 must contribute to a better future society. Through co-creation, Resonac seeks to realize a society in which people can live happily on a beautiful and sustainable planet. The world faces many challenges, including armed conflicts and climate change. Yet I remain optimistic about our future and believe that we have a responsibility to pass on a better world to the next generation. To fulfill this mission, we must balance profitability with sustainability. 
Most importantly, we must contribute to society through our businesses. AI, which is becoming a critical technological infrastructure, has the potential to solve a wide range of social challenges. Resonac's technologies, which support this field, contribute directly to human progress. We must continue embedding this broader perspective, seeing beyond our immediate activities to the society they serve, into every aspect of our business. By doing so, we will create new value and drive sustainable growth. When I compare Resonac with the world's leading companies, I no longer feel that we are at a disadvantage.
I invite you to look forward to the next phase of our journey.