In April 2022, Chori launched its Companywide business transformation project Chori Accelerate Renovation Achievement Transformation (CARAT). Through this project, we aim to deploy our digital functions across the entire Group, streamline and standardize business operations, strengthen business management using data, and improve productivity while exploring the possibility of retraining our workforce and restructuring our organization.

In accordance with the basic policy of Chori Innovation Plan 2025, Chori will become “a corporate group that continues to evolve and change on a global scale, underpinned by its exceptional capabilities and expertise.” Along with the three basic strategies we have established in order to realize this basic policy, we are promoting “business and management transformation through DX.” The Company plans to invest approximately ¥5.0 billion into its DX activities over the course of Chori Innovation Plan 2025.

Our Companywide business transformation project was launched in April 2022 with the intention of completely rebuilding Chori as an organization. The project was named “CARAT” to liken Chori, which consists of the Fibers, Textiles, and Garments, Chemicals, and Machinery businesses, to a diamond with several facets and incorporate the meaning that the Company will continue to refine its attractiveness and shine even more brightly in the future. We aim to develop a next generation mission-critical system (SAP S/4HANA Cloud ERP) that facilitates our business and management transformation by standardizing and then automating and visualizing operations and further restructuring our operations and organization.
By deploying DX functions across the entire Group, streamlining and standardizing business operations, enhancing business management, and improving productivity, we aim to build a foundation that will enable us to continue to achieve sustainable growth.

We aim to launch full-scale operations of our new mission-critical system in April 2025.

The project is conducted under the direction of the Company’s president, CEO & COO, who assumes the role of the project leader, with the overall policy formulated mainly by members selected from each department and Chori’s new business model created through the participation of all employees. Discussions are held between project members and at each business site to create a framework that will serve as the foundation for Chori’s further growth.

Chori will secure and develop the business unit personnel and systems personnel necessary to promote DX.

Implement a management dashboard and make quick and accurate management decisions through the use of data

Reduce the workload of data entry and other tasks and transition to a more sophisticated and strategic operational system for data analysis and other duties

Ensure compliance by strengthening system controls and reduce the workload of internal control audits

Enhance productivity and quality of remote work through digitalization and improved workflow