• Evolving toward a premium, high-value portfolio – Approaching its centenary year in 2031, GSI Creos is a business-creating trading company specializing in textile and industrial products. By combining its expertise as a trading company with manufacturing capabilities and R&D functions, GSI Creos creates value from concept to customer and utilizes its global network to drive geographic expansion. The company is undergoing a business transformation, seeking to enhance returns through a higher value-added portfolio and conducting earnings-accretive M&A, such as the key bolt-on acquisition of Soalon in FY3/25. We estimate the company will sustain double-digit earnings growth over the medium term, driven by portfolio transformation that enhances both earnings quality and profitability.
