New Business Development
Vision
| A company needed by society: | Achieve social contribution through advancing environmentally responsible business |
| Enhancing corporate value: | Continuous improvement of corporate value by expanding JSP business domain. |
Internal Control Policy
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<Compliance> |
Fully understand and comply with laws and regulations related to our business and carry out development activities accordingly. |
| <Risk assessment> | Assess potential business risks and prepare appropriate countermeasures in advance. |
Roles and Concepts
The New Business Development Division, Business Promotion Department, consists of two groups: a Market-In “Market Development Group” and a Product-Out “Product Development Group”. These groups operate with the goal of expanding and diversifying JSP’s business domains.
Our specific roles include:
| ・Market selection and research: | Select and research markets to identify business opportunities. |
| ・Feasibility verification: | Evaluate the practicality of plans through feasibility studies. |
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・Investment planning: |
Formulate investment plans leveraging business investment methods such as corporate venture capital, M&A and joint venture. |
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・Global expansion: |
Deploy liaison team in regions such as North America and Europe to drive the creation of new business on a global scale. |
Market Development Group
The Market Development Group is responsible for developing strategic plans and operationalize them to achieve sustainable growth for JSP.
Capture market needs accurately and build our strategy with a Market-In approach.
Product Development Group
The Product Development Group is responsible for connecting new business topics with market potential, developed and proposed by the Research &Development and NBD to actual production and sales by utilizing a Product-Out approach, it drives the realization of commercialization.
Structure of New Business Development
Showroom
The theme of the showroom is the future vision of JSP, which includes the value of foam products and
elements of sustainability with the aim of enhancing the brand power of JSP.