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Message from the President

Kazuo Maeda
CEO & PresidentKazuo Maeda

Dear shareholders and investors,

COVID-19 has had a massive impact on and caused significant change to how people conduct social and economic activities around the world. During this time, our Group companies are diligently and dynamically engaging in business activities while placing highest priority on the health and safety of our employees and all other stakeholders.

Looking at the operating environment impacting our business, even in the face of ongoing geopolitical change, the market is projected to see medium- and long-term growth on increased semiconductor demand to meet infrastructure development and advancements in information communications technology driven by the digitalization of society. Also driving demand are trends such as the continued development of autonomous vehicles and the movement towards creating a carbon-free society.

Amid such an environment, our Group launched 2030 Vision – Phase 1, our Medium-term Management Plan (2022-2024). This plan represents our first new steps towards becoming a true global company that achieves continuous growth by delivering visionary technology. As an R&D-oriented company, we will apply our principle of creation and innovation towards achieving our goals. In an environment of dramatic shifts in society such as the advancement of digitalization, the SDGs, and efforts to reduce CO2 emissions, we will contribute to the realization of a prosperous and healthy society by achieving new value creation through our global business activities. We will increase our corporate value by engaging as a member of this global society on collaborations with stakeholders to build layers of success that contribute industry development and for a better future.

We are fully committed to addressing and contributing to the many issues facing society, and we ask for your continued support and guidance.

November 2022