Japan's Zeon Corporation Introduces CXO System for Enhanced Value Management

Japan's Zeon Corporation, based in Tokyo's Chiyoda district, is embarking on a significant transformation in its management structure as it aims to maximize corporate value in the medium to long term. Starting from April 2026, the company will implement a new CXO system alongside a comprehensive organizational overhaul and delegation of authority, geared towards improving operational agility and responsiveness to evolving business challenges.

Objectives of the CXO System Implementation

As the business environment surrounding Zeon rapidly changes, the chemical industry is undergoing a reorganization. This includes a reassessment of Zeon’s business portfolio, the adoption of mid-term technology strategies, efficient resource allocation, and adaptation to geopolitical risks. The introduction of the CXO system aims to enable the executive team, known as the CXO meeting, to focus on these complex management challenges. The initiative is designed to foster discussions from a holistic perspective, facilitating quick decision-making to enhance operational agility.

Additionally, the new governance structure aims for timely reporting to the board of directors, reinforcing oversight and expediting execution speed for department leaders. By delegating operational authority, decision-making and execution capabilities will be further enhanced, contributing to a robust management framework that achieves the goals set forth in the mid-term management plan, STAGE 30, and maximizes corporate value in the long run.

Note: The term “management meeting” refers to the highest executive body, a reformation of the previous “executive council”.

Overview of the CXO Structure Starting April 2026

To achieve rapid decision-making on crucial management issues, Zeon will prioritize a streamlined CXO structure focusing on three key positions: CEO, CFO, and CTO. Each will engage directly with pressing management challenges, with dedicated roles for both the CFO and CTO. Together with the CEO, they will drive the company’s operational and strategic direction.

Key Positions in the CXO Structure

- CEO (Chief Executive Officer): Tetsuya Toyoshima, also holding the position of Representative Director and President.
- CFO (Chief Financial Officer): Kazuki Matsuura, serving as Director and Executive Officer.
- CTO (Chief Technology Officer): Yuichiro Konishi, also a Director and Executive Officer.

Changes to Organizational Structure

Previously, Zeon operated under a headquarters-centric system where heads of departments oversaw their respective areas. However, as of April 2026, the organization will transition to a model that emphasizes increased autonomy and agility among its various departments. This change includes the dissolution of the headquarters system; departments will now be directly aligned under the supervision of the CXOs. Certain key functions (second-tier) will also report directly to the CXOs, enhancing direct communication and enabling faster management decisions than before.

Commitment to Stakeholders

As Zeon continues this transformative journey, the company reaffirms its commitment to engaging in open dialogue with all stakeholders. It will ardently address management challenges and dedicate itself to swift initiatives aimed at enhancing and creating corporate value. This restructuring represents a pivotal step for Zeon to meet the challenges of the future with resilience and agility.