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Ube Industries, Ltd. (President: Kazumasa Tsunemi) will implement organizational
changes on October 1, 2002 as a part of its shift to an
operating holding company, with details as follows.
1. Objective
In order to improve management efficiency and clearly
define positions, responsibilities, and authorities within
the organization.
2. Outline of Changes
(1) Restructuring of Chemicals & Plastics Segment
The company will reorganize its four existing divisions
(Polyolefins & Synthetic Rubber; Caprolactam, Nylon
& Industrial Chemicals; Fine Chemicals & Pharmaceuticals
Products; Specialty Products) of Chemicals & Plastics
Segment and Energy & Environment Segment into five
divisions linked directly to top management.
The new Energy & Environment Division will be responsible
for group-wide infrastructure.
(This change will see the elimination of the administrational
sections of the Chemicals & Plastics Segment and the
Energy & Environment Segment. These sections will
be integrated into Headquarters.)
(2) Conversion of Construction Materials Segment and Machinery
& Metal Products Segment into in-house companies.
This will result in a greater degree of operational independence.
(3) Centralization of headquarter functions at the Corporate
Planning & Administration Office and the General Affairs
& Personnel Office to downsize the headquarter staff,
to clarify Group Head Office functions and to improve
flexibility.(Service functions were centralized at the
Ube Group Shared Service Center in October 2001.)
(4) Integration of the Purchasing Department and Procurement
& Logistics Department of Chemicals & Plastics
Segment into the newly established Procurement & Logistics
Division, which is positioned as a profit center.
(5) Consolidation of branch offices. (Closure of Sapporo
and Tohoku offices and Hiroshima and Kyushu branches by
consolidation into the Osaka and Nagoya Branches.)

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