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For Investors

I would like to express my gratitude to all our stakeholders for their continuing support.

 

We have completed the settlement of accounts for our 95th fiscal year (from April 1, 2017 to March 31, 2018). At this point, I would like to provide an update for all those of you who provide vital support for our day-to-day business activities on our business performance and related aspects.

 

During this consolidated fiscal year, Japan’s economy maintained a pattern of gentle recovery. We saw signs of improvement attributable to government economic and monetary policies in areas including corporate business performance, employment, and income. Nevertheless, for several reasons, the future remains unclear. These reasons include geopolitical risks in certain countries and regions; political and economic trends in the United States; concerns about the rise of protectionist sentiment around the world; and slowing economic growth in China and other emerging markets.

 

Against this backdrop, our consolidated business performance was marked by remarkably strong sales in automation equipment for the automotive industry and equipment for manufacturing electronic components and other products for manufacturers of IT and digital devices, in addition to sales of plant equipment for major oil companies. We achieved record highs in both net sales and profits.

 

Within the expanding scope of opportunities for our highly skilled and experienced engineers, we made smooth and steady progress on complex projects and took part in an ever-growing number of large-scale trade discussions. For further expansion of our business spheres and operating scales, we see a growing need to incorporate IoT and AI, in addition to enhancing systems integration capabilities and plant engineering technologies. For these reasons, we intend to move forward in creating new added value through alliances with partners and other such efforts. With the emergence of electric vehicles and self-driving technologies, the automotive industry is approaching what might be a once-in-a-century turning point, one that will generate a wealth of opportunities with respect to resource conservation, building lighter vehicles, and safety. We will develop the structures needed to achieve a firm grasp on these valuable opportunities and to achieve dramatic business growth and progress.

 

Alongside the changes in the world, the ways in which companies do business are changing. At times like this, we must heighten our awareness of issues in the areas of the environment, society, and governance (ESG). We must seek to make visible both what we can do as a company specializing in machinery trading and the progress we have made in initiating concrete actions in these areas. We’re committed to strengthening our value as an enterprise not just by growing company profits, but by maintaining a heightened sense at all times of the prospects that might lie beyond the scope of our current businesses.

 

We are deeply grateful for the continuing support of our stakeholders.

 

May 2018

Ichiro Uno

President & CEO

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