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Message from President & CEO

Facing our 70th anniversary this year, I would like to express my utmost gratitude for your continued support.
We will continue to make concerted efforts so as to celebrate our 80th and 100th anniversaries.

At the end of March this year, we completed the medium-term management plan (CS2017) with overall successful results.
However, we have also identified issues to be resolved for the future. To overcome those issues, we have started a new medium-term management plan (CS2020), effective as of today.
In addition to a former three-year program, the new plan also includes vision and management strategies for the future.
The basic policy of the new plan is "change and evolution."
Based on four overall strategies, we will take up the challenge of changing our business model and evolving away from conventional business.

We will also contribute to creating a more affluent society through continuing to enhance our corporate governance, pursuing a healthier and more transparent corporate system, and managing our Group in such a way as to benefit all our stakeholders.

Once again, your continued understanding and support is highly appreciated and will encourage us going forward.

April 1, 2017
Kazutaka KOMODA
President and Chief Executive Officer

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