ISSUE : 1 APAC REFLECTIONS Maximize Performance Best-in-class, digital HR process and service delivery to managers and workers. Forging the future Unlocking the skills in our workforce across company and country borders User experience Seamless and integrated experience to business leaders, managers, workers, and HR professionals Integrations Enable the integration of HR data and processes with business operations – to create innovative ways of generating business value "We embarked on our global HR Transformation journey" “One Company One Team” organisation culture Improved business performance from engaged workers, connected across boundaries. Improved talent pipeline, filled with workers skilled for future business opportunities. With this vision in mind, we embarked on our global HR Transformation journey, named as "Program Harmony," in 2022, aiming to realize the goal of shaping the future as "One company, One team." We are about to conclude the Wave 1 journey of Program Harmony and are scheduled to go live with all employees in February 2024. Currently, we have initiated Wave 2, which focuses on enhancing the developmental facets of the HR processes with the guiding principle of: People First, Future Proof, New Mindset and Simple and Common. The Business Outcomes of With Program Harmony, our goal is to achieve an unprecedented level of change. It will provide us with a groundbreaking platform to gather and access information on ~68,000 employees globally and for APAC ~5,000 employees. Furthermore, the digitalization of HR processes will facilitate data-driven decision-making in Realtime/Live data. Analyzing vast amounts of employee data will empower HR professionals to gain deeper insights into workforce dynamics, allowing them to make informed decisions regarding talent management, resource allocation, and organizational strategy. Leveraging analytics will enable HR to predict future trends, identify potential issues, and proactively address challenges before they escalate. With Harmony, we will now fully embrace the “One Company One Team” virtual structure, surpassing the boundaries of regions, countries, and companies. As we continue this digital transformation journey, it will be evident that embracing cultural change through HR digitization will position our company for sustained success. Not only will it streamline our HR processes, but it will also cultivate an environment that nurtures talent, fosters innovation, and sustains our competitive edge in a rapidly evolving marketplace. In conclusion, our commitment to embracing HR digitization, as a catalyst for cultural change, will be instrumental in engaging, supporting our employees through best HR practices that would change the ways of working and shaping a more agile, collaborative, and data-driven organization. This journey will be ongoing as we adapt to emerging technologies and evolving trends. Simple and Agile Common HR operations across group and being simple and agile. Standardization One common way of working and a single source of truth across group, based on unified guiding principles NEWSLETTER In our ever-changing business landscape, the seamless integration of HR technology i.e., Workday (Harmony Project) will not only modernize our practices but will also instill a cultural shift underpinning the objective of Forging the Future for HR by changing: Global HR Operating Model, Global Process Design and Global HR System that would lead us: Embracing Cultural Change through HR Digitization: Evolution in the Ways We Work The transformation outcomes of The implementation of digital solutions in HR functions and operations will redefine the way we manage talent, execute processes, and make strategic decisions. Through this transformation, we will witness a fundamental change in how our employees engage with the company and its objectives. One of the most notable impacts will be the promotion of a more agile work environment. With digitized HR systems in place, employees will access information swiftly, collaborate seamlessly, and respond promptly to changing demands. This newfound agility will empower our workforce to adapt quickly to market shifts and emerging trends. OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE -Preface by APAC CHRO
MCG NEWSLETTER ISSUE : 1 SHARING MOMENTS FROM RECENT CUSTOMER VISITS Tokyo&APAC: We recently had the pleasure of hosting the senior management teams from ALPOLIC and Mitsubishi Chemical Group APAC and Japan. It was a wonderful opportunity to showcase our facilities, key projects, and our city to them. We are fortunate to have such a close partnership, supporting each other in supplying only the highest quality aluminum composite cladding to the building industry. APAC NEWS New design using resin (marble color) NEWACRYLICRESINMATERIALFOR AUTOMOTIVEBODIESUNDERJOINT DEVELOPMENT WITH HONDA Tokyo: The Mitsubishi Chemical Group ("the MCG Group") is delighted to announce its collaboration with Honda Motor Co., Ltd. ("Honda") in the joint development of PMMA (polymethyl methacrylate, hereinafter referred to as "acrylic resin") material for automotive body parts. Compounded rubber creates a pliable texture Two concept models, the SUSTAINA-C Concept and Pocket Concept, utilizing this product, will be showcased at the Honda booth during the JAPAN MOBILITY SHOW 2023, held from October 28 to November 5, 2023, at Tokyo Big Sigh OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE 2
MCG NEWS PROMOTING SYNERGY WITH KOSEN INSTITUTE , JAPAN Bangkok: Mitsubishi Chemical (Thailand) warmly welcomed our honored guests from Kosen National Institute of Technology, Japan, to our head office. Thank you for our strong partnership and collaboration along the way. VESTA：MCG INVESTMENT MANAGEMENT SYSTEM GO LIVE Tokyo: MCG's Investment Management System Goes Live on December 14, 2023 Edition #1 I 2023 Bangkok: It's with great excitement and gratitude that we reflect on the success of our recent Structured APAC Town Hall Meeting, a momentous event that brought together the vibrant energy and diverse perspectives of our teams across the Asia-Pacific (APAC) region. The gathering served as a pivotal platform, transcending geographical boundaries to foster synergy, collaboration, and a shared vision among our esteemed colleagues. This structured assembly embodied our commitment to open communication, collective growth, and unified efforts towards a common purpose. As we move forward, the momentum gained from this gathering will propel us towards greater heights of success, innovation, and resilience. Together, we stand poised to overcome challenges, seize opportunities, and drive impactful change across the APAC region. Stay tuned for further updates and initiatives stemming from the insights garnered at our Structured APAC Town Hall Meeting, as we continue our journey towards sustained growth and success together. UNITING VISION AND MOMENTUM: RECAP OF OUR STRUCTURED APAC TOWN HALL MEETING In the Investment Management Project, with the goal of "Forging the future" and achieving a unified "One Company" structure, we are set to implement investment planning for the entire MCG Group. This will be executed using globally standardized policies, processes, and centralized systems. Our objective is to gather information and oversee investments across various business groups (BG), functional units (FU), and regions. To initiate this process, we will commence operations with the investment management system titled "Vesta" starting from the FY2024 budget entry. EMBRACING A NEW ERA: OUR HRIS WORKDAY SYSTEM GOES LIVE ON FEBRUARY 1ST, 2024! Tokyo: Exciting times are ahead as we eagerly announce the upcoming launch of our new Human Resources Information System (HRIS) - Workday! As of February 1st, 2024, this cutting-edge system will be available to all employees, marking a significant milestone in streamlining our HR processes and enhancing our overall employee experience. We are thrilled about this transformative step forward and look forward to the numerous benefits it will bring to our workforce. Bangkok: A thought-provoking platform that gathers influential ideas capable of shaping the company's future. In the last quarter, we conducted the following podcast sessions: 1.Diversity, Equity, and Inclusion in Action 2.Programme Harmony 3.World Diabetes Day - Health Awareness These podcast sessions are undeniably fostering creativity among our employees and broadening their perspectives. They serve as an excellent means to connect with topics of interest and represent a constructive form of employee engagement. We eagerly anticipate organizing more enriching podcast sessions for our employees, featuring internal and external industry experts. OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE MCG NEWSLETTER ISSUE : 1 AMPLIFYING VOICES, CONNECTING MINDS: EXPLORE OUR APAC PODCAST SERIES! 3
MCG NEWSLETTER ISSUE : 1 LEARNING CULTURE “Very insightful and make us rethink about the ways we should improve” “There was many content and I like the most-Leadpro simulation” “It is an exposure to greater business contexts” “It was practical and discussion oriented” “The structure and the pace along with the study material was very interactive” BUILDING LEARNING CAPABILITY L.A.M.P (LEADERSHIP ACCELERATOR MANAGEMENT PROGRAM ) EXPERIENCE SHARING BY LEARNERS OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE In this age of increasing business complexity, a global organization like Mitsubishi Chemicals Group Corporation (MCGC) is in constant pursuit of developing capable leaders who can impact the people and working environments that surround each of us every day, delivering impactful business results. Hence, it is vital to train and nurture our managers into competent, result-oriented future leaders to ensure that they continually evolve and are prepared for the future. With that objective, we have launched the Leadership Accelerator Development Program (LAMP) workshop for the development of leadership potential as part of the Talent Management and Development Program. This program focuses on leading self, leading a team, and leading an organization in two phases. We have successfully completed Phase 1 of the journey, developing our employees on "leading organization." The journey so far has been incredible, with our teams engaging in immersive learning experiences, honing strategic mindsets, and collaborating on real-world case studies and simulations. But the journey does not end here! Phase 2 is on the horizon, promising even greater insights and accomplishments. As we gear up for the next chapter, we are excited to delve deeper into the realm of self-leadership and further amplify our organizational abilities in fostering high-performance teams. We're thrilled to continue this empowering journey, building upon the foundation laid in Phase 1 to unlock new levels of leadership excellence. Stay tuned for updates as we embark on Phase 2 of our Leadership Development Program. Together, let's steer Mitsubishi Chemicals APAC towards even greater success through empowered and visionary leadership! 4
Bangkok: The APAC HR Summit is scheduled for three days, featuring the theme of 'One Company, One Team - Synergy with Diverse Idea Sharing,' emphasizing a Forward-Looking Strategy and the Mitigation of Challenges through Strategic Adoption LEARNING CULTURE UNVEILING EXCELLENCE: APAC HR SUMMIT FOR INNOVATION AND INSPIRATION!" UNLOCKING INSIGHTS, BUILDING EXCELLENCE: EMBRACE THE POWER OF BEHAVIORAL EVENT INTERVIEWS (BEI)! Bangkok: We organized a BEI Workshop for HR professionals where we delved into the science of Behavioral Event Interviews. It was an incredible experience, exchanging insights and strategies aimed at ensuring the right fit for our organization. Let's continue to strengthen HR practices together. The event offers insights from business leaders on various aspects, including business operations, products, challenges, and HR partnering expectations. The Summit comprises Brainstorming Sessions and is complemented by an Up-skilling Program for the HR Community, focusing on Behavioral Event Interviews and Neuro-Linguistic Programming (NLP). It was a highly successful and insightful event, and we eagerly anticipate more insightful summits in the near future. OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE MCG NEWSLETTER ISSUE : 1 5
Ho Chi Minh City: Two-day Lean Manufacturing training sessions, led by an external trainer, were organized in November for Team Leaders representing the Manufacturing, Quality Control (QC), and Engineering Departments LEARNING CULTURE BUILDING LEARNING CAPABILITY The primary objective of the EHS (Environment, Health, and Safety) training on Slips, Trips, and Falls organized at Aldila Vietnam in December is to educate employees about the potential hazards related to slips, trips, and falls in the workplace. This training aims to raise awareness among employees regarding safety measures and precautions to prevent such incidents. LEARNING VIRTUAL ACADEMY THROUGH UDEMY Online learning platform ENRICH YOUR KNOWLEDGE VIA ONLINE LEARNING Online learning platform to access and gain knowledge across location Udemy is a massive open online course provider, and its learning experience arranges coursework into a series of modules and lessons that can include videos, text notes and assessment tests. Udemy’s video player has functional features like closed captioning and note-taking functions. Take learning on the go with Udemy business mobile app “NO DESK ? NO PROBLEM” All employees can access the Udemy business account effective from February 1, 2024 OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE MCG NEWSLETTER ISSUE : 1 6
YOU ASKED, WE ANSWERED. SPOTLIGHT OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE MCG NEWSLETTER ISSUE : 1 Q. A. A phrase that best describes me is Acrylic guy, I have been handling Acrylic products for over 30 years. Q. A. Three words to describe 2023 are USA vs China Otani Rugby World Cup Q. A. My first question to the alien will be Sabai dee mai krab? Q. A. Two traits that are must for being great team member are Devoted Integrity Q. A. Makes a very good read Nikkei News Paper. Q. A. I am very Particular about Health. Q. A. was my role model My father. Q. A. A part of wisdom for those who are at the threshold of their career . A part of wisdom for those who are at the threshold of their career . Value “Hands on approach” MR.YANO SHINYA President, DIAP & Executive Director, TPA 7
Manila: In a remarkable display of community engagement and environmental stewardship, the volunteers of J-Films Philippines recently embarked on a significant endeavor - a river clean-up initiative. J-FILMS PHILIPPINES: MAKING A SPLASH WITH RIVER CLEAN-UP INITIATIVE Armed with determination and a shared commitment to environmental responsibility, they diligently worked together to remove debris, plastic waste, and other pollutants from the river. Their dedication to this cause is a testament to the organization's commitment to making a tangible, positive impact beyond business endeavors. THAI POLY ACRYLIC CO., LTD. (TPA) PARTNERS WITH NAKHON PATHOM CENTRAL PRISON TO FOSTER INMATE EMPLOYABILITY Bangkok: In a significant stride toward prisoner rehabilitation, Thai Poly Acrylic Co., Ltd. (TPA) has formalized a Memorandum of Understanding (MOU) with Nakhon Pathom Central Prison. The agreement aims to guarantee that individuals who have undergone vocational training during their incarceration are equipped with the necessary skills to secure sustainable employment upon release. Under this partnership, TPA demonstrates a commitment to providing meaningful opportunities, emphasizing the transformative power of education and skill development in fostering successful reintegration into society. THAI POLYACRYLIC (TPA), THAILAND EXTENDS GENEROSITY: SUPPORTING LOCAL EDUCATION INITIATIVES Bangkok: TPA Company recently demonstrated its commitment to community development by extending a helping hand to a local school through a heartfelt donation initiative. This initiative aims to support the educational endeavors of young learners, providing them with the necessary resources to thrive in their academic journey. The company's contribution reflects its dedication to fostering education and nurturing the future generation. This altruistic gesture not only strengthens the bond between TPA Company and the local community but also underscores the organization's values centered on social responsibility and making a meaningful impact in the areas where it operates. OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE MCG NEWSLETTER ISSUE : 1 8
Singapore: Mitsubishi Chemical Singapore (MCS) celebrated its first bonding event since the amalgamation on October 1, 2023. The highlight of the event was the incorporation of Corporate Social Responsibility (CSR) through a Bowling competition, where MCS members aimed to achieve a collective score of 3000 and above. The target was not only met but exceeded, with an impressive overall score of 4971, leading to a generous donation of S$1,500 to Mercy Relief Limited. Mercy Relief Limited, headquartered in Singapore and established in 2003, focuses on providing emergency aid relief in the Asia Pacific region for both man-made and natural disasters. The selection of this charity organization aligns with MCS's commitment to the "One Company One Team" spirit and the broader goal of achieving KAITEKI by addressing environmental and social issues, contributing to sustainable development. In addition to supporting a charitable cause, MCS executives showcased leadership excellence during the Bowling Event. Various teams led by Heads of Divisions (HODs) emerged victorious in both Bonus Prize and Top 3 Team categories. Furthermore, the "Top Scorer" Award went to Mr. Watanabe Osuke, Manager from Industrial Solution Division, for his outstanding performance in the Bowling Event. Special recognition was also extended to Managing Director Mr. Shintaro Yajima, who personally contributed prizes made from MCG Resin, promoting MCS's products. Four lucky employees received these meaningful prizes, adding a unique touch to the event. Reflecting on the day, Yajima-san expressed satisfaction with the positive atmosphere and emphasized the importance of such events in fostering a sense of community among employees who work in different locations. The event concluded with smiles all around, marking a rewarding moment of bonding and camaraderie for the entire MCS team. ESG MITSUBISHI CHEMICAL SINGAPORE (MCS) UNVEILS SUCCESSFUL CHARITY BOWLING EVENT AND TEAM ACHIEVEMENTS J-FILMS PHILIPPINES: SPREADS JOY THROUGH COMMUNITY OUTREACH PROGRAM 9 OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE MCG NEWSLETTER ISSUE : 1 J-Films Philippines continues to embody the spirit of compassion and goodwill through its recent community outreach program, aiming to uplift the lives of individuals in need. In a heartening display of generosity, volunteers from J-Films actively engaged with the local community, extending support to those facing challenging circumstances. From organizing food drives and providing essential supplies to participating in educational workshops and cultural events, the team at J-Films demonstrated their commitment to making a positive difference in the lives of others. This community outreach initiative not only showcases J-Films' dedication to social responsibility but also highlights the organization's core values of empathy and community welfare. By fostering meaningful connections and contributing to the well-being of the community, J-Films continues to serve as a beacon of hope and positivity.
AL C HEMIST AWARD AL C HEMIST AWARD MCG APAC MCG APAC MCG APAC C ATALYST AWARD C ATALYST AWARD Catalyst Award This award is in the Individual Excellence category. The award is to recognize and applaud the ‘Top 4’ employees across the organization who have made exemplary contribution to the business in the quarter while demonstrating outstanding competencies. STAR TEAM STAR TEAM MCG APAC STAR TEAM This award is in the Individual Excellence category. The award is to recognize and applaud the ‘Top 3’ employees across the organization who have made exemplary contribution to the PR business in the quarter while demonstrating outstanding competencies. IDE AWARD PRIDE AWARD It is the most prestigious recognition of the organization and will be an appreciation for the employees who have been identified & selected as Top Potential & High potential . Pride Award This award is presented to recognize the accomplishments of a team. This reward is meant for the outstanding teams who have performed well on the parameters defined below. MCG APAC MCG APAC Alchemist Award CELEBRATING EXCELLENCE-HONORING ACHIEVEMENTS ACROSS MCG APAC : MCG APAC EXCELLENCE REWARD AND RECOGNITION MCG APAC Excellence Reward & Recognition Program, an initiative designed to recognize and celebrate the outstanding contributions and achievements of our remarkable team members. At MCG APAC, we understand that our success is a result of the hard work, dedication, and innovation demonstrated by each and every one of you. To honor and acknowledge these efforts, we have established the MCG APAC Excellence Reward & Recognition Program, which aims to highlight and reward excellence in various categories, such as: 1.Alchemist Individual Award (Annual Award) 2.Pride Team Award (Bi- Annual Award) 3.Catalyst Individual Award (Quarterly) 4.Star Team Award(Quarterly) These awards provide an opportunity for us to shine a spotlight on the remarkable individuals and teams who consistently go above and beyond to make our company the success that it is. We have invited nominations for the Catalyst individual award and Star team Award . Watch this space in next quarter edition (April’24 edition ) for the winner details of this award. EMPOWERING EXCELLENCE: SINGAPORE COMMENDING THE OUTSTANDING ACHIEVEMENTS OF OUR PRODUCTION TEAM! 1 0 OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE MCG NEWSLETTER ISSUE : 1 Name of Employee: Zhao Jianjun Relentlessly went on to identify root causes of 2 problems the plant is facing since startup on November 8, 2023 .
‘MCMSG’ is among the 12 ‘bizSAFE Partners’ award winners who are proactive and committed in bringing organisations on board the bizSAFEprogramme by incorporating workplace safety and health (‘WSH’) into their business practices (e.g., having ‘bizSAFE Level 3’ as a criterion in procurement contracts). To win this award, ‘MCMSG’ must show/demo the following efforts to the panel of judges (from ‘Ministry of Manpower’, ‘Workplace Safety & Health Council’, ‘Singapore National Employers Federations’, etc). Recruitment efforts: Company's efforts to encourage business partners and customers to join and progress in the bizSAFEprogramme. Nurturing efforts: Company's efforts to encourage and help business partners and customers to improve ‘Workplace Safety & Health’. Bonus initiatives: The extra mile Company has taken to win the ‘bizSAFE Partner Award’. Besides demonstrating the above-mentioned efforts, ‘MCMSG’ must meet the following criteria during the qualifying period, up till the announcement of award results: No blacklist record, pending investigation, conviction or prosecution in court by the Ministry of Manpower. No fatality. No major injury case. No dangerous occurrence case. No Stop Work Order; and Not in the Business Under Surveillance (BUS) Programme. ‘bizSAFE Partner Award’ is one of the ‘bizSAFE Awards’ that recognised companies for their commitment to the ‘bizSAFE’ programme and achievement in workplace safety and health (WSH) performance. This year, 41 companies and individuals were honoured at the ‘bizSAFE Convention 2023’, organised by the ‘WSH’ Council on November 22, 2023. The Guest of Honour at the event was MrZaqy Mohamad, Senior Minister of State for Manpower. APPRECIATION CULTURE A REMARKABLE ACHIEVEMENT: MCMSG REACHES A SAFETY MILESTONE WITH THE BIZSAFE PARTNER AWARD Singapore: Mitsubishi Chemical Methacrylates Singapore Pte. Ltd.’ (‘MCMSG’) has won the first ‘bizSAFE Partner Award,' signifying their unwavering dedication to workplace safety and health (WSH). This prestigious recognition goes beyond simply encouraging participation in the bizSAFE program; it marks a significant milestone in MCMSG's journey towards a truly safe and healthy work environment for all. CONGRATULATIONS TO PT MITSUBISHI TANABE PHARMA INDONESIA Jakarta: It was an honor for our PT Mitsubishi Tanabe Pharma Indonesia to receive the token of appreciation from Pj. Major of Bandung, Bambang Tirtoyuliono, as the company who contribute positively to Bandung City's economy at Bandung Investment Summit. Bandung Investment Summit is an appreciation event for domestic and foreign investors and various parties who have contributed significantly to the development of the investment climate in the city of Bandung, as one of the metropolis centres in Indonesia. In this summit, we received the 3rd Place Award for Foreign Investment with the Largest Level of Compliance and Value-Added Investment Realization in 2022 of Bandung City Congratulations to PT Mitsubishi Tanabe Pharma Indonesia for living with #KAITEKI ! 1 1 OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE MCG NEWSLETTER ISSUE : 1
MCG NEWSLETTER ISSUE : 1 1 2 APAC COMPANIES EMBRACE FESTIVE JOY: SPREADING CHRISTMAS CHEER ACROSS THE REGION! As the festive spirit of Christmas enveloped our APAC offices, teams gathered to celebrate the season, each office bringing its distinctive flair to the activities "These celebrations were more than just moments of joy and fun; they were a heartwarming reminder of our company's mission and the strength found in shared experiences." CHEMISTRY WITH MANAGEMENT- UNWINDING HIERARCHIES Mitsubishi Chemical APAC has launched a unique human capital connect initiative to build personal and professional connect between leader and employees in September 22, 2023 and have conducted 5 sessions since then, cover almost 40 employeesfrom different businesses and departments . Mitsubishi Chemical APAC is looking to have more productive human capital connect sessions ! “Simple ideas can sometimes lead to extraordinary results”. OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE
Jakarta: We are delighted that the MFI & MCCI family could conduct the Family Health Program after four years amidst the continued presence of Covid-19. The program is designed to provide education for employees and their family members while enhancing engagement towards the Company. This year, our focus was on "Creating Quality Family Time," featuring a Clinical Psychologist as our keynote speaker. During the engaging talk, we emphasized the foundational importance of parental bonds in fostering strong parent-child relationships and their crucial role in a child's development. Moreover, we explored various parenting approaches tailored to different generations of children. Considering the prevailing digital era, we highlighted the significance of parents utilizing digital platforms as educational tools for their children. The enthusiastic response from our employees led to a participation count of 800 attendees! The event offered seminar sessions for parents and separate activities for children, including storytelling sessions, craft-making, and enjoyable games. This event concluded on a high note, filled with joy and valuable learning experiences for all Ho Tram: VCLC brought smiles and unity to its employees with a delightful company trip held in Ho Tram, Ba Ria Vung Tau, Vietnam. The event, packed with exciting teambuilding games, created a strong sense of unity among the staffs. In a safe and engaging environment, employees participated in various activities that not only brought out their competitive spirit but also strengthened their teamwork skills. Laughter and cheers filled the air as colleagues collaborated and bonded over these interactive games. The highlight of the trip was the heartwarming gala dinner. The evening was filled with joy as employees shared stories and creating cherished memories together. These moments of connection and collaboration reinforced the team spirit, leaving everyone with a renewed sense of ‘One Company, One Team’ and belonging within the VCLC family. EMPLOYEE CONNECT PROGRAMS VCLC EMPLOYEES UNWIND AND CONNECT: HIGHLIGHTS FROM THE HO TRAM COMPANY RETREAT! FAMILY HEALTH PROGRAM @ INDONESIA J-FILM PHILIPPINES, INC. LEADS THE WAY AT CEZ FUN RUN/WALK Manila: Our J-Film Philippines team recently participated in the vibrant Fun Run/Walk, joining 4,950 enthusiastic participants from the Cavite Economic Zone (CEZ), representing 174 companies. A special acknowledgment goes to Mr. Hiroyuki Kokado, the General Manager of J-Film Philippines Inc., who displayed exceptional dedication and athleticism, securing the 9th Place in the 6km race. This event not only fostered a sense of team spirit within the CEZ community but also underscored J-Film Philippines commitment to promote a healthy and active lifestyle. 1 3 OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE MCG NEWSLETTER ISSUE : 1
EMPLOYEE CONNECT PROGRAMS Singapore: Nurturing a culture of wellness is paramount to our shared success, and we're excited to introduce an initiative that puts health at the forefront – the Vegetable Eating Challenge! This initiative isn't just about consuming veggies; it's about fostering healthier habits and prioritizing wellbeing. As we embark on this journey together, let's celebrate small victories and encourage one another to embrace healthier eating habits. The Vegetable Eating Challenge serves as a reminder that wellness isn't just a destination but a continuous journey PROMOTING EMPLOYEE WELL-BEING – HEALTHY EATING: VEGETABLE CHALLENGE EXCLUSIVE LUNCHEON: JOINING THE PRESIDENT & GM FOR ENGAGING CONVERSATIONS @ J-FILM PHILIPPINES! Singapore: The main objective was to showcase the teams' CREATIVITY by utilizing recycled materials to craft Christmas trees while emphasizing the importance of having FUN together! We're truly amazed by the beauty of these trees! SPREADING JOY THROUGH CREATIVITY: JOINOURCHRISTMASTREEDECORATIONCONTEST! Manila: The objective is to encourage greater interaction across various departments and levels within the organization, fostering camaraderie, effective communication, and the development of a culture built on trust. Manila: J-Film Philippines expressed their gratitude and celebrated the hard work, dedication, and achievements of their incredible team GRATITUDE GALORE: CELEBRATING SUCCESS AT J-FILM PHILIPPINES' THANKS GIVING AND RECOGNITION PARTY! RING IN THE NEW YEAR: DIAP, THAILAND CELEBRATES FRESH BEGINNINGS! Bangkok: DIAP, Thailand ushered in the New Year with joyous celebrations. Employees gathered to mark the occasion, embracing the promise of a fresh start and new opportunities. Amidst cheerful gatherings and lively festivities, the atmosphere was filled with optimism, reflecting a spirit of renewed enthusiasm and camaraderie. It was a momentous start to the year, setting the tone for exciting endeavors and collective growth in the months ahead. 1 4 OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE MCG NEWSLETTER ISSUE : 1
1 5 NEW JOINERS' ANNOUNCEMENTS MCG NEWSLETTER ISSUE : 1 Tom brings with him extensive experience in Strategic Sales & Marketing, New Business Development, and Business Management. His expertise covers a diverse range of specialty chemicals and material solutions across various markets, including the Electronics, Semiconductor, Industrial, Automotive, and Medical industries. He has worked with companies such as Honeywell China Holdings Co. Ltd, Lanxess (Chemtura) Chemical Holding Co., Ltd, Eastman Chemical Co. Ltd, Danaher, Johnson and Johnson Medical China Ltd, and Dupont China Holdings. In his new role with MCG , he is responsible for the profitable expansion of the SMBG business in the APAC Region and leading all regional sales personnel across all product lines. Weiqiang Liu ( English Name : Tom Liu) Regional Director Sales (Specialty Material Business Group ), APAC Mitsubishi Chemical Thailand ;Bangkok, Thailand Manoj brings with him extensive experience in overseeing all operations, setting strategic direction, and guiding the executive team to achieve organizational goals, ensuring effective leadership and optimal business performance. His role encompasses decision-making, resource management, and fostering growth opportunities to drive the company's success. He has worked with companies such as PPG Asian Paints, Kansai Nerolac Paints, Peter-Lacke (I) Private Limited, and Nippon Paint Pvt Limited. In his new role with MCG, he is responsible for overseeing the entire MCPP, India, company operations to drive profitable growth. Manoj Range MD-MCPP MCPP; Silvassa, India Wannaprapa brings with her experience in driving end-to-end brand awareness and marketing strategy. She has worked with companies such as True Digital, Fuji Xerox, Samsung Electronics, Fujitsu, and Microsoft Corporation. In her role with MCG, she is responsible for all marketing communication activities within the APAC Region for MCG’s Specialty Materials portfolio. Wannaprapa Hongtongkam Regional Marketing Communication Manager Mitsubishi Chemical Thailand ;Bangkok, Thailand OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE Oneil Remedios Regional Director - Performance Polymers Division (Specialty Material Business Group ), APAC Mitsubishi Chemical Thailand ;Bangkok&Chonburi, Thailand Oneil brings with him extensive experience in leading multicultural teams and managing chemical businesses with comprehensive end-to-end P&L management. He has played pivotal roles in Key Account Management, Sales & Business Development, Marketing, Technical/Application Labs Management, and P&L Management of business and product lines. He has worked with companies such as Wacker Chemical (South Asia), Whyte Chemicals, and Flamingo Pharmaceutical. In his new role with MCG, he is responsible for overseeing the entire PPD business in the APAC region, which includes all PPD sites in Thailand, India, and Indonesia. O'neil will drive the growth and transformation of the PPD portfolio in the APAC Region, working closely with the global PPD Product Line team.
1 7 MR.KUMAR POLE Managing Director, MCT and Vice-President, SMBG APAC Region I would like to wish everyone much success in 2024, and particularly for the APAC SMBG team and our regional functional partners, I look forward to building on the progress we made in 2023. While we still have another quarter to go in our fiscal year, the beginning of a new calendar year gives us an opportunity to reflect on the outlook for this year, and on some broader events/trends that have the potential to impact our business. On the plus side, export-dominated economies like Japan and much of the APAC Region, benefited from weaker currencies. More recently, the US Federal Reserve has signaled - and the markets have already priced in - multiple rates cuts in 2024, which have the potential for significant impact in our Region. However, much of this is predicated on a sustained lowering of US inflation, which could well turn out to be a premature assumption. Closer to home for us, 2024 will be a big year for the Bank of Japan. Market hopes remain high that the BOJ will end its negative interest rate policy as early as the first half of this year, if wages and inflation continue to look solid, though it is expected to move more cautiously on it’s first rate hike in 17 years. Here, the US Federal Reserve and BOJ are somewhat linked. If the US Fed starts cutting rates aggressively, narrowing the gap with BOJ rates, this will put upward pressure on the JPY. A more cautious US approach, would give the BOJ more time to assess the situation, including the first round of wage negotiations at major Japanese companies, which are typically in March. COP28, Dubai The recently concluded 28th United Nations Climate Change Conference (or Conference of the Parties of the UNFCCC, more commonly known as COP28) was held in Dubai at the end of 2023. The conference reinforced the commitment of over 100 countries (including Japan, and several APAC ones) towards decarbonization, global net zero, and keeping global warming to 1.5 °C. To this, was added a commitment to “transition away from fossil fuels.” Thus, carbon neutrality and circular economy initiatives remain key to the chemical industry, as does industry restructuring in the Japanese petrochemical business. Elections The year 2024 will be the biggest election year in history as over 60 nations, collectively representing half of the world's population, prepare to cast their votes in a series of pivotal elections. These include India's sprawling multi-day legislative elections, recognized as the world's largest, to Indonesia’s presidential poll, the world’s biggest single-day vote. Aside from these two, other countries in our part of the world that will host elections this year include Bangladesh (already concluded), Sri Lanka, Pakistan, and Taiwan. Elections have consequences and the potential to impact our business as new government policies have a broad range of social, economic, and industrial implications. TTHHOOUUGGHHTTSS OONN TTHHEE NNEEWW YYEEAARR Interest Rates Interest rates are a key factor impacting our company and our borrowing costs, those of our customers, and have broader economic ripple effects on the countries in which we operate in the APAC Region. Through much of the last 2 years, high interest rates in the US were the big headline. The uptrend in the dollar and U.S. interest rates in 2022 and 2023 left many APAC economies starved for global capital as investors rushed into American assets. It also left the region vulnerable to imported inflation as exchange rates weakened, making imports such as energy and food products more expensive. OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE MCG NEWSLETTER ISSUE : 1
1 8 This enlightening session aims to create awareness and drive meaningful conversations about the importance of DEI initiatives within our organization and beyond. We celebrated this special occasion with an exciting array of sports events that brought our community together in a spirit of camaraderie and empowerment. The day was filled with enthusiasm and energy as participants engaged in thrilling competitions including Tug of War, Sack Race, and a lively Football competition. These fun-filled activities not only encouraged teamwork and healthy competition but also celebrated the strength, resilience, and achievements of women in our community. The vibrant atmosphere and competitive spirit showcased the commitment and dedication of all participants, highlighting the importance of sports in fostering unity and empowerment. EMPOWERING CHANGE: DEI IN ACTION - A PODCAST SESSION DRIVING AWARENESS! In that session, we explored the significance of diversity, equity, and inclusion in fostering a more inclusive workplace culture. Through engaging discussions, we delved into practical strategies, shared insights, and highlighted the impact of embracing diversity in our daily work environment. EMPOWERINGWOMENTHROUGHSPORT: CELEBRATINGVIETNAMWOMEN'SDAY WITHFUN-FILLEDCOMPETITIONS! “Let's continue to support and empower one another, celebrating the achievements and contributions of women in our community” BREAKING THE BARRIERS WITH WOMAN POWER @MCG APAC At MCG APAC, we believed in the strength, resilience, and untapped potential of women in the workforce. We proudly shared an inspiring success story that embodied our commitment to gender equality and empowerment. We continued to support and celebrated the achievements of women at work, acknowledging that their success was our collective success. Together, we were building a more inclusive and brighter future for all." OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE MCG NEWSLETTER ISSUE : 1
MCG NEWSLETTER ISSUE : 1 1 9 The competition is open to all employees across business and APAC locations Two early birds who answer all above 3 questions correctly will be rewarded The answers must be mailed to the [email protected] by February 25, 2024 Please mention the source from which you got your answer. Without the source ,your submission will not be entrtained orconsidered for the prize . The source cannot be a person . You will have to mention the name of the magazine or journal or else share the weblink at the time of mailing your answers You will have to clearly mention your name , employee code , company name , location and mobile number while submitting your entry , failing which you will be disqualified The names of the lucky winners will be brought outin the next issue ( i.ethe April 2024 edition ) of APAC Reflexion Rules of this game : 1. 2. 3. 4. 5. 6. OUR WAY : INTEGRITY RESPECT BRAVERY COLLABORATION PERSISTENCE Is Catalyst Award is Team or individual Award ? What are the Parameters of Award ? Q.2 What is the two-step approach of Global Performance Management system ? Q.3 What is the meaning of Talent profile on programme harmony system ? Q.1 QUIZ FOR THIS EDITION