We conduct our business activities in line with the following management policy, which is based on the principles in our Corporate Philosophy.

The Group works together to maximize the corporate value for all its stakeholders: shareholders, clients, employees and the local community.

The Group strives to strengthen corporate governance, ensure thorough risk management and compliance, and disclose accurate information on a timely and appropriate basis.

The Group aims to strengthen and maintain a stable earnings structure, supported by the Sodegaura Refinery with its prime location and advanced processing facilities as well as its solid client base.

The Group works to ensure the stable payment of dividends to shareholders while taking into account a range of factors, such as a sufficient level of internal reserves to support business expansion over the medium- and long-term, earnings performance and the cash balance.

The Group strives to deliver sustained growth by steadily implementing medium-term business strategies designed to preempt changes in the business environment.

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