Corporate Value Creation Process

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Corporate Value Creation Process (Conceptual Diagram)

We aim to enhance sustainable corporate value based on a

“corporate culture that cultivates innovation.”

The Asahi Group promotes business management with a greater focus on the enhancement of corporate value in order to pursue the satisfaction of all stakeholders through the Long-Term Vision

2020 and its action plan, the Medium-Term Management

Plan 2015.

With respect to the definition of corporate value, we have been strengthening our measures from the perspective of both financial value and social value. Furthermore, in line with the preparation of the recent integrated report, we considered the total sum of six capital elements advocated by the International Integrated

Reporting Council (IIRC) as “corporate value in a broad sense” and provided more specific examples of our achievements for each capital element.

Among these capital elements, it is indispensable that we refine

Sustaina ble enhancement of corporate value

Corporate Values in a Broad Sense

(Total sum of six capital elements)

Financial capital

Cost competitivenes

Industry’s top-class productivity in overall SCM that mainly leverages our manufacturing, intellectual and human capital

Manufactured capital

Brand power

Strong brand assets including Super Dry and

Mitsuya Cider as well as corporate brand that ensures food safety and security

Intellectual capital

Human capital

Human resource capabilities

Human resources, organization, skills and employee satisfaction as a basis for the “corporate culture of taking on the challenge of innovation”

Social and relationship capital

Natural capital

Social co-creation power

Measures aimed at a sustainable society, communication and building good relationships with all stakeholders

Strengths to be reinforced

Research and Development

P.20

Procurement

P.22

“Corporate culture that cultivates innovation”

Employees

Business partners

Society

Shareholders

Customers

Financial capital

Cost competitivenes

Industry’s top-class productivity in overall SCM that mainly leverages our manufacturing, intellectual and human capital

Manufactured capital

Brand power

Strong brand assets including Super Dry and

Mitsuya Cider as well as corporate brand that ensures food safety and security

Intellectual capital

Human capital

Human resource capabilities

Human resources, organization, skills and employee satisfaction as a basis for the “corporate culture of taking on the challenge of innovation”

Social and relationship capital

Natural capital

Social co-creation power

Measures aimed at a sustainable society, communication and building good relationships with all stakeholders

Strengths to be reinforced

Sustaina

the strengths that we have cultivated over the years, including

“cost competitiveness,” “brand power,” “human resource capabilities” and “social co-creation power,” in order to enhance our corporate value.

In addition, what creates our corporate value is a value chain

ble enhancement of corporate value

that covers processes from R&D to sales based on the “corporate culture that cultivates innovation” that we have nurtured since the establishment of the Company. We will aim to enhance sustainable corporate value by striving to realize the sophistication of all capital elements through this business model.

Corporate Values in a Broad Sense

(Effects of capital sophistication)

Financial capital

Sustainable growth in ROE and EPS

Cash flow generation toward growth investment

Shareholders

Marketing and Sales

P.26

Production and Logistics

P.24

“Corporate culture that cultivates innovation”

Manufactured capital

Improvement of the industry’s top-class productivity

Expansion of the platform to ensure the highest quality

Intellectual capital

Enhancement of brand power with a focus on customer satisfaction as a starting point

Sophistication of R&D and quality control technology

Human capital

Human resources to cultivate corporate culture and enhanced motivation

Management and global human resources, and promotion of diversity

Social and relationship capital

Expansion of collaboration with regional society and business partners

Strengthening of the business network both in Japan and overseas

Natural capital

Reduction of environmental burden such as CO

2 emissions

Development of a recycling-oriented society and conservation of biodiversity

Customers

Employees

Business partners

Society

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