Message from the President

Dear Shareholders and Investors,

Thank you very much for visiting our renewed website. I would like to express my heartfelt thanks to you for continuously giving us your exceptional understanding and support.

We formulated a medium-term management plan (FY 2022 to FY 2024), which is primarily aimed at establishing a new business portfolio and a management base. In order to achieve the plan, we have engaged in proactive initiatives for promoting collaborative research and development, investment, alliance, etc. in growing fields and strategic business domains.

In the present age, it is extremely difficult to make a forecast, due to geopolitical risks, global monetary tightening, the economic instability due to the hovering of prices of resources and raw materials, and so on. In addition, we are required to address social issues, such as carbon neutrality, environmental conservation, and sustainability at the global level. For some of them, we can offer solutions based on the technologies for hydrogen and biogas we have nurtured so far, and these would provide us with opportunities to grow our business. It is becoming more important to flexibly respond to these many changes, which give us both risks and opportunities.

We are reforming our corporate culture as well as our corporate structure, by restructuring our organizations for fostering our values from the group-wide perspective beyond the borders of business segments, upgrading facilities and equipment for promoting business, developing an environment in which all employees can exert their abilities, revising our HR system, etc. While promoting the establishment of a database on prospective employees and the group-wide development and utilization of personnel, we will foster a corporate culture in which individual employees will take on bold challenges with ambition, share resources and know-how beyond the borders of sections, and aim to improve profitability and efficiency from the group-wide viewpoint.

As a corporate group that carries out manufacturing and engineering activities for contributing to the realization of a low-carbon, recycling society, we aim to help achieve sustainable development goals (SDGs) and improve our corporate value in a sustainable manner by conducting business activities from the viewpoint of ESG: Environment, Social, and Governance. In order to live up to the expectations of shareholders, I, as a top executive, will make sincere efforts to have our company "Growth and departure from the status quo" by 2035, the 100th anniversary of inauguration of our business.

I hope that you will check the latest IR information, deepen your understanding of our company. On behalf of the company, I would like to thank you for your continued support.