Medium-Term Business Plan

Size: px
Start display at page:

Download "Medium-Term Business Plan"

Transcription

1 TRANSLATION - FOR REFERENCE ONLY Medium-Term Business Plan From FYE March 2016 through FYE March 2018

2 Contents 1. Medium-Term Business Plan 2. Basic Policy 3. Business Strategy by Segment - Plant Engineering Segment - Service Solution Segment 4. Promotion of CSR Activities 2

3 Segment Information and Abbreviations Segment Information Plant Engineering Segment This segment is primarily involved in various types of engineering work related to the design and construction of mechanical equipment used for water treatment processes in water treatment plants, sewage treatment processes and sludge treatment processes in sewage treatment plants as well as the design and construction of electrical equipment used to operate the said mechanical equipment. Service Solution Segment This segment is primarily involved in various repair work, maintenance (maintenance and checking) and operational management of mechanical and electric equipment for water treatment plants, sewage treatment plants, waste treatment facilities and recycling facilities. Abbreviations EPC: Engineering, Procurement and Construction Designing and construction of water and sewerage facilities and equipment O&M: Operation and Maintenance Operation and maintenance of water and sewerage facilities and equipment PPP: Public Private Partnership Broadly refers to methods by which the private sector is involved in the provision of public services. PFI: Private Finance Initiative A method for public business by which the private sector is utilized for the designing, construction, maintenance, operation of and fund-raising for public facilities. DBO: Design, Build and Operate A method for public business by which the private sector is used for the designing, construction, maintenance, and operation of public facilities. 3

4 Medium-Term Business Plan 4

5 1-1. Targets of Medium-Term Business Plan FYE March 2015 Actual FYE March 2018 Target Orders billion yen billion yen Net sales billion yen billion yen Operating profit 8.2 billion yen 10.0 billion yen Net income 5.0 billion yen 6.0 billion yen ROE 10.4 % 10.0 % or more 5

6 1-2. Trends of Performance and Targets (1/2) Net sales (Billion yen) 200 Net Sales Operating Operating Profit Profit Medium-Term Business Plan (from FYE 3/ 16 to FYE 3/ 18) Operating profit (Billion yen) 12 Listed on TSE December FYE3/'11 FYE3/'12 FYE3/'13 FYE3/'14 FYE3/'15 FYE3/'18 FYE3/'21 (Target) (Forecast) (*) Consolidation with METAWATER Service Co., Ltd. and three special purpose companies (SPCs) started in FYE March 2013, and with METAWATER USA Inc. in FYE March

7 1-2. Trends of Performance and Targets (2/2) Maintain Sales in Core Field and Expand Business Size in Growth Field Core Field Growth Field Medium-Term Business Plan (from FYE 3/ 16 to FYE 3/ 18) Next Medium-Term Business Plan billion yen 10% billion yen 20% 30% 90% 80% 70% FYE3/'15 FYE3/'18 FYE3/'21 (Actual) (Target) (Forecast) (*) Core field refers to EPC and O&M segment in Japan; Growth field means PPP and overseas segments. 7

8 1-3. Positioning of Medium-Term Business Plan (1/2) Medium-Term Business Plan with an Eye on Water Operation Business in the Future Medium-Term Business Plan Next Medium-Term Business Plan Leading Company in PFI/DBO for water and sewerage system Water Operation Business Company FYE 3/ 16 FYE 3/ 18 FYE 3/ 21 8

9 1-3. Positioning of Medium-Term Business Plan (2/2) Contribute to the continuity of water and sewerage business together with local communities, as a good partner of water and sewerage business operators. 9

10 Basic Policy 10

11 2-1. Market Environment A rise in demand for renovation and renewal of water and sewerage facilities due to aging. Domestic Market Financial difficulties and engineer shortage at water and sewerage business operators. Expansion of area to be outsourced to private sector in the water and sewerage business field. Overseas Market Expectations that demand for water will increase due to a population increase in the future. Revitalization of investment in the water and sewerage field. 11

12 2-2. Basic Policy Strengthen the core field (EPC and O&M in Japan) Expand business in the growth field (PPP and overseas) Plant Engineering Segment Service Solution Segment Domestic Business Overseas Business Strengthen EPC Segment Build foundations of Overseas Segment Reinforce O&M Segment Expand PPP Segment Core Field Growth Field 12

13 2-3. Business Promotion System Introduction of an executive officer system to speed up decision-making on business strategies. Board of Directors Delegation of authorities Executive Officers Speedy Decision-Making Domestic Water and Sewerage EPC Segment O&M Segment PPP Segment Overseas Segment 13

14 Business Strategy by Segment 14

15 3-1. Business Strategy of Plant Engineering Segment (1/2) Strengthen EPC segment in the water and sewerage field Basic Policy Measures based on Basic Policy Domestic 国 内 Overseas 海 外 PE プラント エンジニアリング 事 業 EPC 事 業 の EPC 強 化 海 Overseas 外 事 業 の 基 盤 構 築 SS サービス ソリューション 事 業 O&M 事 業 の O&M 強 化 PPP 事 業 の PPP 拡 大 Specific Efforts Develop our unique differentiated technology Expand engineering domain Promote engineering with maintenance in mind Main products that support EPC segment Ceramic membrane filtration system (Delivered to projects including Kawai Water Purification Plants in Yokohama) Circulating-type multi-layer combustion furnace Ozone processing system 15

16 3-1. Business Strategy of Plant Engineering Segment (2/2) Target North America and Europe to expand business size Basic Policy Measures based on Basic Policy Domestic 国 内 Overseas 海 外 PE プラント エンジニアリング 事 業 EPC 事 業 の EPC 強 化 海 Overseas 外 事 業 の 基 盤 構 築 SS サービス ソリューション 事 業 O&M 事 業 の O&M 強 化 PPP 事 業 の PPP 拡 大 Specific Efforts Obtain partners in the strategic area Localize management and engineering Develop technology to meet local needs Main products that support Overseas segment Ozone processing system (Delivered to Boston, the US, and others) CeraMac and Ceramic membrane (Delivered to water treatment plants in Andijk, the Netherlands) (* ) CeraMac is a trademark of PWN Technologies. Fast rainwater treatment system 16

17 3-2. Business Strategy of Service Solution Segment (1/2) Reinforce O&M segment in the water and sewerage field Basic Policy Measures based on Basic Policy Domestic 国 内 Overseas 海 外 PE プラント エンジニアリング 事 業 EPC 事 業 の EPC 強 化 海 Overseas 外 事 業 の 基 盤 構 築 SS サービス ソリューション 事 業 O&M 事 業 の O&M 強 化 PPP 事 業 の PPP 拡 大 Specific Efforts Improve efficiency by WBC *1 Expand a backup system by promoting the partnership strategy Standardize maintenance - operation management work Main accomplishments in O&M segment Concluded a DBO contract with the renewal project of Takizawa Water Purification Plant in Aizuwakamatsu City and others. *1: Water Business Cloud. Our unique ICT. Maintenance-operation management of Kawada Water Recycling Center (2012 to 2014) Maintenance-operation management of broad-area seweragesludge treatment plants in the eastern basin in Hyogo Prefecture (2013 to 2015) Maintenance-operation management work 17

18 3-2. Business Strategy of Service Solution Segment (2/2) Basic Policy Expand the business size by creating PPP projects and efficient management Measures based on Basic Policy Domestic 国 内 Overseas 海 外 PE プラント エンジニアリング 事 業 EPC 事 業 の EPC 強 化 海 Overseas 外 事 業 の 基 盤 構 築 SS サービス ソリューション 事 業 O&M 事 業 の O&M 強 化 PPP 事 業 の PPP 拡 大 Specific Efforts Propose and create PFI/DBO projects by taking advantage of the PFI proposal system, etc. Shift to a broader area and develop asset management tools Complement insufficient functions with partnership Main accomplishments in PPP segment Yokohama City: Redevelopment project of Kawai Water Purification Plant Aizuwakamatsu City: Renewal project of Takizawa Water Purification Plant Aichi Prefecture: Development and operation of sludge treatment facilities in Toyokawa Water Purification Center 18

19 3-3. Investment Plan Main Contents Business Investment Expand the engineering domain. Complement insufficient functions with partnership. R&D Investment Develop our unique differentiated technology. Shift to a broader area and develop asset management tools. From Term ending March 2016 to Term ending March 2018 Total: 20 billion yen Level 19

20 Promotion of CSR Activities 20

21 4. Efforts in CSR Activities Based on a lively corporate culture, continue to be a fair and honest company and a good corporate citizen, contributing to society and the environment through business Basic CSR CSR related to Business Compliance Information disclosure and control Internal control Personal information protection Risk management Countermeasures against disaster and business continuation Comply with laws, regulations and internal rules. Disclose and control information properly. Execute internal control without fail and expand its scope. Strengthen personal information protection and information security. Minimize business management risks and operational risks. Promote business continuation management in case of an incident. Value creation CSR Environmental harmony Utilization and development of human resources Contribution to society Promote activities to reduce environmental loads. Utilize and develop diverse human resources and promote human rights. Participate in community activities regionally. 21

22 Disclosure Policy 1. Basic Policy Based on its corporate philosophy, the METAWATER Group strives to become a corporate group that meets expectations of every stakeholder, garners trust from society and continuously contributes to society so as to achieve sustainable growth in society. In accordance with this viewpoint, the METAWATER Group discloses corporate information related to the Group to stakeholders and society in an equal, fair, timely and appropriate manner. It also promotes active communication with stakeholders to facilitate understanding of the METAWATER Group and ensure highly transparent and reliable business operations. 2. Basics of information disclosure The METAWATER Group discloses corporate information whose disclosure is required by relevant laws such as the Companies Act, the Financial Instruments and Exchange Act, and rules set out by financial instruments exchanges in accordance with the applicable laws, regulations or rules. Even if the corporate information does not fall under such information, the Group proactively discloses information as much as possible when it is deemed to be useful for stakeholders or disclosure is deemed to be necessary for society. 3. Method of information disclosure For corporate information whose disclosure is required by the above-mentioned laws, regulations and rules, the Group discloses information in a manner set out by the applicable laws, regulations or rules, and through the Company s website. Information that does not fall under such information is disclosed through the media, the Company s website or other appropriate means in consideration of its significance and urgent needs. 4. Communication after information is disclosed The METAWATER Group actively communicates with stakeholders regarding disclosed information by answering questions in a conference, briefings meeting, interviews and inquiries. Opinions received from stakeholders through communication are shared within the Company s Group and treated as future reference. 5. Silent Period In order to prevent the leaks of accounts closing information and ensure fairness, the Group sets a silent period that starts on the day after the closing date (including quarterly periods) through to the day of announcing financial statements. During this silent period, the Group does not answer any questions in a conference, briefings meeting, interviews and inquiries regarding the accounts closing and business prospects, except where information on a revision of business forecasts is disclosed. 6. Forward-looking statements Of business forecasts, strategies and targets disclosed by the METAWATER Group, forward-looking statements are made based on information available to the Company s Group as of the date of disclosure and a certain grounds that are deemed to be reasonable. Actual performance may differ from forecasts as a result of various factors. 7. Establishment of Internal Structure The METAWATER Group builds an internal structure and establishes internal rules so as to comply with this Disclosure Policy, disclose information in an appropriate manner, and communicate with stakeholders. Contact regarding this document Investor & Public Relations Department, METAWATER Co., Ltd.

Takuma Group 11 th Medium-Term Management Plan An Overview FY 2015 2017

Takuma Group 11 th Medium-Term Management Plan An Overview FY 2015 2017 Takuma Group 11 th Medium-Term Management Plan An Overview FY 2015 2017 - Achieving Sustained Growth - 1. Summary of the 10 th Medium-Term Management Plan 2. Business Directions 3. Policies and Perspectives

More information

Sumitomo Forestry Basic Policy on Corporate Governance

Sumitomo Forestry Basic Policy on Corporate Governance (Translation) Sumitomo Forestry Basic Policy on Corporate Governance Chapter 1. Article 1. General Provisions (Basic Philosophy on Corporate Governance) Sumitomo Forestry Co., Ltd. (the Company ) seeks

More information

Initiatives to Enhance Corporate Governance (Enactment of Basic Policy on Corporate Governance)

Initiatives to Enhance Corporate Governance (Enactment of Basic Policy on Corporate Governance) October 1, 2015 T&D Holdings, Inc. Tetsuhiro Kida, President (Security Code: 8795) Initiatives to Enhance Corporate Governance (Enactment of Basic Policy on Corporate Governance) T&D Holdings, Inc. (Tetsuhiro

More information

Notice Regarding the Establishment of the WirelessGate Corporate Governance Basic Policy

Notice Regarding the Establishment of the WirelessGate Corporate Governance Basic Policy Press Release May 9, 2016 Company name WirelessGate, Inc. (Code 9419: TSE First Section) Location 5F Tennoz Yusen Building, 2-2-20 Higashi Shinagawa, Shinagawa-ku, Tokyo Representative Takehiro Ikeda,

More information

Midterm Management Plan 2014

Midterm Management Plan 2014 Midterm Management Plan 2014 FY2012~ FY2014 May-10-2012 Contents 1.Review the Revised Management Plan 1 2.Recognize the business environment 2 3. Management Target 3 4. Basic policy 4 5. Specific measures

More information

Corporate Governance. 48 OLYMPUS Annual Report 2015

Corporate Governance. 48 OLYMPUS Annual Report 2015 Corporate Governance Basic Stance toward Corporate Governance The Olympus Group strives to realize better health and happiness for people by being an integral member of society, sharing common values,

More information

Mitsubishi Electric Announces Consolidated and Non-consolidated Financial Results for Fiscal 2016

Mitsubishi Electric Announces Consolidated and Non-consolidated Financial Results for Fiscal 2016 MITSUBISHI ELECTRIC CORPORATION PUBLIC RELATIONS DIVISION 7-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, 100-8310 Japan FOR IMMEDIATE RELEASE No. 3023 Investor Relations Inquiries Investor Relations Group,

More information

Human-centered Automation

Human-centered Automation azbil (Automation, Zone, Builder) reflects our Group philosophy of realizing safety, comfort, and fulfillment in people s lives and contributing to global environmental preservation through human-centered

More information

Daifuku to Commence New Medium-Term Business Plan

Daifuku to Commence New Medium-Term Business Plan Disclaimer This is an English translation of the original Japanese release. NEWS RELEASE February 10, 2017 Daifuku Co., Ltd. (TSE code: 6383) Representative: Masaki Hojo, President and CEO Daifuku to Commence

More information

ASICS Corporation's Acquisition of ASICS Trading Co., Ltd. as its Wholly owned Subsidiary by Means of Share Exchange

ASICS Corporation's Acquisition of ASICS Trading Co., Ltd. as its Wholly owned Subsidiary by Means of Share Exchange Note: This document is a translation of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall

More information

NOMURA HOLDINGS, INC. Financial Summary Year ended March 31, 2015

NOMURA HOLDINGS, INC. Financial Summary Year ended March 31, 2015 News Release April 30, 2015 NOMURA HOLDINGS, INC. Financial Summary Year ended 2015 We are pleased to report the following consolidated financial summary based on the consolidated financial information

More information

B. Overview of the Business Integration

B. Overview of the Business Integration The share exchange described in this press release involves securities of a foreign company. This share exchange is subject to disclosure requirements of Japan that are different from those of the United

More information

Panasonic Announces Continuation of Policy toward Large-scale Purchases of Company s Shares [ESV plan]

Panasonic Announces Continuation of Policy toward Large-scale Purchases of Company s Shares [ESV plan] April 28, 2015 FOR IMMEDIATE RELEASE Media Contacts: Investor Relations Contacts: Chieko Gyobu (Japan) Yukie Takakuwa (Japan) Public Relations Department Disclosure & Investor Relations Office (Tel: +81-3-3574-5664)

More information

[Translation] East Japan Railway Company. Corporate Governance Guidelines. Section 1 General Provisions

[Translation] East Japan Railway Company. Corporate Governance Guidelines. Section 1 General Provisions [Translation] East Japan Railway Company Corporate Governance Guidelines Section 1 General Provisions Established on November 25, 2015 Article 1 Objectives 1.1 The Company sets forth in these Guidelines,

More information

Corporate Governance Guidelines

Corporate Governance Guidelines Corporate Governance Guidelines Fuji Heavy Industries Ltd. Chapter 1. General Provisions Article 1. Purpose These guidelines set out the basic policy, framework and operating policy of the corporate governance

More information

FUJIFILM Holdings Corporation. Corporate Governance Guidelines

FUJIFILM Holdings Corporation. Corporate Governance Guidelines FUJIFILM Holdings Corporation Corporate Governance Guidelines Formulated on October 28, 2015 This document has been translated from the Japanese original for reference purposes only. In case of any discrepancies

More information

CapMan Disclosure Policy

CapMan Disclosure Policy CapMan Plc Disclosure Policy 1 of 5 CapMan Disclosure Policy This Disclosure Policy defines the main principles, objectives and tasks of CapMan Communications and Investor Relations (IR) and defines the

More information

Formulation of Corporate Governance Policy

Formulation of Corporate Governance Policy November 20, 2015 Formulation of Corporate Governance Policy Dentsu Inc. (the Company ) has formulated this Corporate Governance Policy to put effective corporate governance into practice for the purpose

More information

NOMURA HOLDINGS, INC. Financial Summary Year ended March 31, 2016

NOMURA HOLDINGS, INC. Financial Summary Year ended March 31, 2016 News Release April 27, 2016 NOMURA HOLDINGS, INC. Financial Summary Year ended 2016 We are pleased to report the following consolidated financial summary based on the consolidated financial information

More information

Materiality Aiming to develop a sustainable society and in consideration of a variety of stakeholder demands, the NGK Group established eight items fr

Materiality Aiming to develop a sustainable society and in consideration of a variety of stakeholder demands, the NGK Group established eight items fr CSR Activities Concepts and Systems The NGK Group aims to realize its corporate philosophy through the provision of products and services that will bring new value to society and contribute to the creation

More information

23.9B 58.0B 100.0B Return on equity 10.6% Around 12% 14%

23.9B 58.0B 100.0B Return on equity 10.6% Around 12% 14% News Release NRI Group Formulates Medium-Term Management Plan for Fiscal Years 2016-2018 - Business expansion into new areas including global and digital businesses, with targets of 500 billion yen in

More information

Hitachi Announces 2018 Mid-term Management Plan

Hitachi Announces 2018 Mid-term Management Plan FOR IMMEDIATE RELEASE Hitachi Announces 2018 Mid-term Management Plan Tokyo, May 18, 2016 --- Hitachi, Ltd. (TSE:6501) today announced that it has formulated a management plan 2018 Mid-term Management

More information

Notice Concerning the Company s Medium-Term Management Plan 2017

Notice Concerning the Company s Medium-Term Management Plan 2017 July 31, 2015 Company name: Tokuyama Corporation Representative name: Hiroshi Yokota, President and Representative Director (Code No. 4043, First Section TSE) Contact: Taro Kobayashi, General Manager Corporate

More information

GS Yuasa Announces Third Mid-Term Management Plan

GS Yuasa Announces Third Mid-Term Management Plan July 30, 2013 Company: GS Yuasa Corporation Representative: Makoto Yoda, President Stock listing: Tokyo Stock Exchange (Securities code: 6674) Contact: Toshiyuki Nakagawa, Director, General Manager, Corporate

More information

ASICS Unveils New Five-Year Strategic Plan, ASICS Growth Plan (AGP) 2015

ASICS Unveils New Five-Year Strategic Plan, ASICS Growth Plan (AGP) 2015 November 16, 2010 Name of the Company: ASICS Corporation President and Representative Director: Motoi Oyama Code No.: 7936 Listing Exchanges: Tokyo, Osaka ASICS Unveils New Five-Year Strategic Plan, ASICS

More information

industrial materials, MCHC adopts a holding company system that separates the Group

industrial materials, MCHC adopts a holding company system that separates the Group Mitsubishi Chemical Holdings Corporate Governance Guidelines Based on our Group philosophy, Good Chemistry for Tomorrow Creating better relationships among people, society, and our plant., Mitsubishi Chemical

More information

Wieson Technology Co., Ltd.

Wieson Technology Co., Ltd. Chapter 1 General Provisions Wieson Technology Co., Ltd. Corporate Governance Best-Practice Principles Article 1 Article 2 Article 3 Article 4 Article 5 In order to fulfill corporate social responsibilities

More information

NIPPON EXPRESS GROUP CORPORATE STRATEGY New Sekai-Nittsu-

NIPPON EXPRESS GROUP CORPORATE STRATEGY New Sekai-Nittsu- NIPPON EXPRESS GROUP CORPORATE STRATEGY 2 0 1 8 -New Sekai-Nittsu- 1. Positioning of the Business Plan This business plan is a three-year plan positioned as the final stage of the Nippon Express Group

More information

Aim at Securing a Firm Position as a Top 3 Global Construction Machinery Manufacturer in the World

Aim at Securing a Firm Position as a Top 3 Global Construction Machinery Manufacturer in the World April 24, 2014 New Mid-term Management Plan (2014-2016 fiscal year) GROW TOGETHER 2016 Aim at Securing a Firm Position as a Top 3 Global Construction Machinery Manufacturer in the World President, Chief

More information

CANON REPORTS RESULTS FOR FISCAL 1999

CANON REPORTS RESULTS FOR FISCAL 1999 February 14, 2000 CANON REPORTS RESULTS FOR FISCAL 1999 1. CONSOLIDATED RESULTS Millions of yen (except per share amounts) Actual Projected 1999 1998 Change(%) 2000 Change(%) Net sales 2,622,265 2,826,269-7.2

More information

Peace of mind. In communities and around the world.

Peace of mind. In communities and around the world. Message from the President Peace of mind. In communities and around the world. July 2015 President and Representative Director Koichiro Watanabe 10 I would like to take this opportunity to express my gratitude

More information

Consolidated Financial Results of Kyocera Corporation and its Subsidiaries for the Three Months Ended June 30, 2016

Consolidated Financial Results of Kyocera Corporation and its Subsidiaries for the Three Months Ended June 30, 2016 Consolidated Financial Results of and its Subsidiaries for the Three Months Ended June 30, 2016 The consolidated financial information is prepared in accordance with accounting principles generally accepted

More information

Q2/FY2015 (56th) Results Briefing

Q2/FY2015 (56th) Results Briefing Q2/FY2015 (56th) Results Briefing September 1, 2015 (Tokyo Stock Exchange 8068) http://www.ryoyo.co.jp 1 Overview Date of establishment Capital : February 27, 1961 : 13.672 million yen Represented by :

More information

Progress on the Mid-term Management Plan and the Vision 2025

Progress on the Mid-term Management Plan and the Vision 2025 FOR IMMEDIATE RELEASE February 5, 2016 Corporate Name: Asahi Glass Co., Ltd. Representative Director: Takuya Shimamura (Code Number: 5201; TSE 1st section) Contact: Junichi Kobayashi, General Manager,

More information

1 Overview of TOKYO PRO Market

1 Overview of TOKYO PRO Market I 1 Overview of TOKYO PRO Market Established by Tokyo Stock Exchange, Inc. (hereinafter "TSE"), TOKYO PRO Market is a specified financial instruments exchange market (namely market for professionals) specializing

More information

OMRON Corporate Governance Policies

OMRON Corporate Governance Policies This document has been translated from the Japanese original for reference purposes only. Where there are any discrepancies between the Japanese original and the translated document, the original Japanese

More information

07 ー 09 Medium-term Management Plan

07 ー 09 Medium-term Management Plan (2784) 07 ー 09 Medium-term Management Plan Advancement and Expansion (April 2007 - March 2010) Announced on May 14, 2007 (Brief presented on May 16) Arata Watanabe Representative Director & President Alfresa

More information

Business Strategies for Next Mid-Term Management Plan

Business Strategies for Next Mid-Term Management Plan Business Strategies for Next Mid-Term Management Plan September 6th, 2013 Zenji Miura President and CEO Ricoh Company, Ltd. Forward-Looking Statement The plans, prospects, strategies and other statements,

More information

New Global Vision and Long-Term Business Plan. May 6, 2016

New Global Vision and Long-Term Business Plan. May 6, 2016 New Global Vision and Long-Term Business Plan May 6, 2016 Contents 1. Review of the Past Five Years 2. New Global Vision 3. Long-Term Business Plan for FY2020 P. 2 P. 8 P. 13 1 Review of the Past Five

More information

With Our Products & Services

With Our Products & Services What We Believe: With Our Products & Services What We Believe: With Our Products & Services Products & Services: will always listen to our customers desires and is committed to meeting and exceeding their

More information

Notice on Restatement of Past Financial Results, Outline of FY2014 Consolidated Business Results,

Notice on Restatement of Past Financial Results, Outline of FY2014 Consolidated Business Results, [Translation] September 7, 2015 For Immediate Release Company name: Representative: Securities code: Contact: Toshiba Corporation 1-1-1 Shibaura, Minato-ku, Tokyo, Japan Masashi Muromachi, President &

More information

JFE Holdings, Inc. Basic Policy on Corporate Governance

JFE Holdings, Inc. Basic Policy on Corporate Governance JFE Holdings, Inc. Basic Policy on Corporate Governance 1. GENERAL PROVISIONS 1-1. Objectives With the aim of promoting sustainable growth of JFE Holdings, Inc. (the Company ) and the JFE Group (or the

More information

MITSUBISHI ELECTRIC ANNOUNCES NIHON KENTETSU CO., LTD. BECOMING A 100% SUBSIDIARY THROUGH SHARE EXCHANGE

MITSUBISHI ELECTRIC ANNOUNCES NIHON KENTETSU CO., LTD. BECOMING A 100% SUBSIDIARY THROUGH SHARE EXCHANGE FOR IMMEDIATE RELEASE No. 2364 Investor Relations Inquiries: Media Contact: Yasumitsu Kugenuma Travis Woodward Corporate Finance Department Public Relations Department Tel: +81-3-3218-2391 Tel: +81-3-3218-2346

More information

Logistics Concept. January 10, 2006 JAPAN INSTITUTE OF LOGISTICS SYSTEMS

Logistics Concept. January 10, 2006 JAPAN INSTITUTE OF LOGISTICS SYSTEMS Logistics Concept January 10, 2006 JAPAN INSTITUTE OF LOGISTICS SYSTEMS Logistics Concept - Seeking for the Enhancement of Corporate Value - What is logistics? Logistics is the management which synchronizes

More information

Fiscal Year Ended March 2015 Briefing on Financial Results April 30, 2015

Fiscal Year Ended March 2015 Briefing on Financial Results April 30, 2015 0 Fiscal Year Ended March 2015 Briefing on Financial Results April 30, 2015 Ricoh Leasing Company, Ltd. 1 1. Performance Overview (Fiscal Year Ended March 2015) 2 Consolidated Results Performance Overview

More information

Hitachi to Establish a Global R&D Structure from the Customer s Perspective New Structure to Lead the Global Rollout of the Social Innovation Business

Hitachi to Establish a Global R&D Structure from the Customer s Perspective New Structure to Lead the Global Rollout of the Social Innovation Business - 1 - FOR IMMEDIATE RELEASE Hitachi to Establish a Global R&D Structure from the Customer s Perspective New Structure to Lead the Global Rollout of the Social Innovation Business Tokyo, February 27, 2015

More information

Basic Corporate Governance Policy

Basic Corporate Governance Policy Resona Holdings, Inc. Basic Corporate Governance Policy The Basic Corporate Governance Policy clarifies the basic approach to the corporate governance of Resona Holdings, Inc. (hereinafter the Company

More information

2016 Corporate Strategic Plan (16CSP) Hiroyuki Sasa President and Representative Director Olympus Corporation March 30, 2016

2016 Corporate Strategic Plan (16CSP) Hiroyuki Sasa President and Representative Director Olympus Corporation March 30, 2016 2016 Corporate Strategic Plan (16CSP) Hiroyuki Sasa President and Representative Director Olympus Corporation March 30, 2016 Todayʼs Agenda 1. Corporate Philosophy and Vision 2. Positioning of 16CSP 3.

More information

Materials for Financial Results Briefing Second Quarter, FY03/2016. SATO RESTAURANT SYSTEMS CO., LTD. Listed on TSE 1st section: 8163

Materials for Financial Results Briefing Second Quarter, FY03/2016. SATO RESTAURANT SYSTEMS CO., LTD. Listed on TSE 1st section: 8163 Materials for Financial Results Briefing Second Quarter, FY03/2016 SATO RESTAURANT SYSTEMS CO., LTD. Listed on TSE 1st section: 8163 2Q FY03/2016 Table of Contents Financial Results Overview: 2Q FY3/2016

More information

Corporate Social Responsibility Best Practice Principles. ( CSR Principles )

Corporate Social Responsibility Best Practice Principles. ( CSR Principles ) Taiwan Mobile Co., Ltd. Corporate Social Responsibility Best Practice Principles ( CSR Principles ) Chapter I General Principles Officially resolved by the board of directors on January 29, 2015 Article

More information

CORPORATE GOVERNANCE [ TOYOTA S BASIC APPROACH TO CORPORATE GOVERNANCE ] [ TOYOTA S MANAGEMENT SYSTEM ]

CORPORATE GOVERNANCE [ TOYOTA S BASIC APPROACH TO CORPORATE GOVERNANCE ] [ TOYOTA S MANAGEMENT SYSTEM ] 16 CORPORATE GOVERNANCE [ TOYOTA S BASIC APPROACH TO CORPORATE GOVERNANCE ] Toyota s top management priority is to steadily increase shareholder value over the long term. Further, our fundamental management

More information

Medium-term Business Plan

Medium-term Business Plan Mitsubishi UFJ Financial Group, Inc. Medium-term Business Plan Tokyo, May 15, 2015 --- Mitsubishi UFJ Financial Group, Inc. (MUFG) announced today that it has formulated its medium-term business plan for

More information

Briefing on Business Results for the Fiscal Year Ended March 2012

Briefing on Business Results for the Fiscal Year Ended March 2012 1 Briefing on Business Results for the Fiscal Year Ended Announced on May 9, 2012 (Brief presented on May 10) Denroku Ishiguro, Representative Director & President Alfresa Holdings Corporation 2

More information

Consolidated Settlement of Accounts for the First 3 Quarters Ended December 31, 2011 [Japanese Standards]

Consolidated Settlement of Accounts for the First 3 Quarters Ended December 31, 2011 [Japanese Standards] The figures for these Financial Statements are prepared in accordance with the accounting principles based on Japanese law. Accordingly, they do not necessarily match the figures in the Annual Report issued

More information

Hitachi Announces Progress of 2015 Mid-term Management Plan

Hitachi Announces Progress of 2015 Mid-term Management Plan FOR IMMEDIATE RELEASE Hitachi Announces Progress of 2015 Mid-term Management Plan Tokyo, May 14, 2015 --- Hitachi, Ltd. (TSE:6501 / Hitachi ) today announced the current status of its progress of the 2015

More information

Facility & IT Management Service for Data Center Design, Construction and Management Launched

Facility & IT Management Service for Data Center Design, Construction and Management Launched FOR IMMEDIATE RELEASE Facility & IT Management Service for Data Center Design, Construction and Management Launched Offering a one-stop service from facilities installation to IT systems operation for

More information

Nihon Unisys Group. Integrated Report 2015

Nihon Unisys Group. Integrated Report 2015 Nihon Unisys Group Integrated Report 215 For the Year Ended March 31, 215 Table of Contents 1 The Nihon Unisys Group: History of Value Creation 2 Corporate Philosophy and Charter of Corporate Behavior

More information

Interview with the President

Interview with the President Interview with the President s a company that is part of the social infrastructure supporting Japan s public health insurance system and medical administration, the lfresa Group aims for quality growth

More information

Notice of Renewal of Countermeasures (Takeover Defense) against Large-Scale Purchases of the Company s Shares

Notice of Renewal of Countermeasures (Takeover Defense) against Large-Scale Purchases of the Company s Shares For Immediate Release Company name Representative Contact February 13, 2014 : Fujisoft Incorporated : Satoyasu Sakashita, President & Representative Director (Code: 9749 TSE First Section) : Tatsuya Naito,

More information

CHIYODA CORPORATION Financial Results for Fiscal 2004 Third Quarter Ended December 31, 2004

CHIYODA CORPORATION Financial Results for Fiscal 2004 Third Quarter Ended December 31, 2004 CHIYODA CORPORATION Financial Results for Fiscal 2004 Third Quarter Ended December 31, 2004 This document has been prepared as a guide to non-japanese investors and contains forwardlooking statements that

More information

Determination of TOB for Message and Nursing Care Business Strategy. December 18, 2015

Determination of TOB for Message and Nursing Care Business Strategy. December 18, 2015 Determination of TOB for Message and Nursing Care Business Strategy December 18, 2015 1 Contents of this Material Key Points Overview of the Tender Offer Purpose of the Investment Overview of Message Nursing

More information

Corporate Governance Policy of Mitsubishi Tanabe Pharma Corporation

Corporate Governance Policy of Mitsubishi Tanabe Pharma Corporation Corporate Governance Policy of Mitsubishi Tanabe Pharma Corporation Chapter 1 Purpose The Mitsubishi Tanabe Pharma Group (hereinafter the Group ) has formulated a corporate philosophy of contributing to

More information

SEMIANNUAL REPORT 2005

SEMIANNUAL REPORT 2005 SEMIANNUAL REPORT 2005 For the Six-Month Period Ended September 30, 2005 NOHMI BOSAI LTD. A MESSAGE FROM THE PRESIDENT Operating Results and Business Report Despite the harsh business climate, seeds of

More information

TSE-Listed Companies White Paper on Corporate Governance 2015. TSE-Listed Companies White Paper on Corporate Governance 2015

TSE-Listed Companies White Paper on Corporate Governance 2015. TSE-Listed Companies White Paper on Corporate Governance 2015 TSE-Listed Companies White Paper on Corporate Governance 2015 i TSE-Listed Companies White Paper on Corporate Governance 2015 March 2015 Tokyo Stock Exchange, Inc. DISCLAIMER: This translation may be

More information

End. 2. About the Company's Corporate Governance Guidelines. (1) Structure

End. 2. About the Company's Corporate Governance Guidelines. (1) Structure News Release (Translation only) May 27, 2015 Company: Representative: Contact: Daiwa House Industry Co., Ltd. (Code number:1925, First Section of the Tokyo Stock Exchange) Naotake Ohno, President and COO

More information

Hitachi Metals, Ltd. and Hitachi Cable, Ltd. Conclude a Basic Agreement on Business Integration

Hitachi Metals, Ltd. and Hitachi Cable, Ltd. Conclude a Basic Agreement on Business Integration To whom it may concern: November 13, 2012 Company Name: Hitachi Metals, Ltd. Name of Representative: Hiroyuki Fujii, President and Chief Executive Officer (Code: 5486; First Section of the Tokyo Stock

More information

Strategies for Eight Businesses Toward Achieving 2012 Mid-term Management Plan Goals

Strategies for Eight Businesses Toward Achieving 2012 Mid-term Management Plan Goals FOR IMMEDIATE RELEASE Strategies for Eight Businesses Toward Achieving 2012 Mid-term Management Plan Goals Tokyo, June 16, 2011 Hitachi, Ltd. (NYSE: HIT/TSE: 6501) today announced strategies for eight

More information

AVC Networks Company Business Strategy

AVC Networks Company Business Strategy AVC Networks Company Strategy September 17, 2014 Panasonic Corporation AVC Networks Company President Yoshiyuki Miyabe Notes: 1. This is an English translation from the original presentation in Japanese.

More information

Notice of Establishment of Basic Policy for Corporate Governance

Notice of Establishment of Basic Policy for Corporate Governance URL:http://www.ty-top.com/ For Immediate Release Notice of Establishment of Basic Policy for Corporate Governance At its Board meeting held on November 26, 2015, the company established a Basic Policy

More information

Consolidated Financial Report for the Third Quarter of Fiscal Year Ending March 31, 2011 [Japan GAAP]

Consolidated Financial Report for the Third Quarter of Fiscal Year Ending March 31, 2011 [Japan GAAP] Note) This translation is prepared and provided for readers' convenience only. In the event of any discrepancy between this translated document and the original Japanese document, the original document

More information

Business Strategy of Industrial Solutions

Business Strategy of Industrial Solutions Business Strategy of Industrial Solutions August 18, 2010 Fuji Electric Holdings Co., Ltd. Copyright 2010 Fuji Electric Holdings Co., Ltd. All rights reserved. 1 1.Business Outline 2.Market Trends 3.Business

More information

Tackle for the Dream. April 2013

Tackle for the Dream. April 2013 Medium Term Management Plan Tackle for the Dream April 2013 Table of Contents t 1. Background and Positioning of the Medium Term Management Plan P2 2. Outline of the Medium Term Management Plan P3 3. Financial

More information

Environmental Management at Konica Minolta Konica Minolta Environmental Policy The Konica Minolta Group aims to promote sustainable development and pr

Environmental Management at Konica Minolta Konica Minolta Environmental Policy The Konica Minolta Group aims to promote sustainable development and pr Environmental Management at Konica Minolta Eco Vision 2050 Formulation of Eco Vision 2050 for a sustainable Earth and Given the urgency of global environmental issues, global businesses have a great responsibility

More information

Dedicated to Becoming an Even More Trustworthy Group

Dedicated to Becoming an Even More Trustworthy Group Dedicated to Becoming an Even More Trustworthy Group INDEX 1 2 Japan Post Group Corporate Governance 76 1. Fundamental Policy for Corporate Governance 76 1. Separation of Business Execution and Supervision...76

More information

Ricoh s Medium-Term Management Strategy

Ricoh s Medium-Term Management Strategy Ricoh s Medium-Term Management Strategy March 15, 2005 Masamitsu Sakurai President and CEO Ricoh Company, Ltd. Agenda - 14th Mid-Term Plan Review - 15th Mid-Term Plan Outline 2 14th Mid-Term Plan Review

More information

Medium-Term Management Plan for Fiscal 2015 through 2017

Medium-Term Management Plan for Fiscal 2015 through 2017 [Translation] May 14, 2015 Company Name: Sharp Corporation Representative: Kozo Takahashi Director & President (Code No. 6753) Medium-Term Management Plan for Fiscal 2015 through 2017 Establish the basis

More information

Policy Regarding Large-scale Purchases of Iino Line Shares etc. (Anti-Takeover Policy)

Policy Regarding Large-scale Purchases of Iino Line Shares etc. (Anti-Takeover Policy) May 11, 2006 Company name: Iino Kaiun Kaisha, Ltd. Stock Code: 9119 Representative: Katsuyuki Sugimoto, President Contact: Yutaka Tagawa, Executive Officer, Group Manager, General Affairs Group Telephone

More information

Toshiba to Execute Toshiba Revitalization Action Plan

Toshiba to Execute Toshiba Revitalization Action Plan December 21, 2015 FOR IMMEDEATE RELEASE Toshiba to Execute Toshiba Revitalization Action Plan Toshiba Corporation ( the Company ) today announced that Toshiba Group will implement a series of management

More information

NEXON Corporate Governance Basic Policy

NEXON Corporate Governance Basic Policy NEXON Corporate Governance Basic Policy NEXON Co., Ltd. ( Nexon ) hereby formulates its basic policy regarding corporate governance as below in order to contribute to the sustainable growth and mid- to

More information

Mitsui Fudosan Group: Long-Term Business Plan. Notice of Release of New Challenge Plan 2016 (Long-Term Business Plan 2007-2016)

Mitsui Fudosan Group: Long-Term Business Plan. Notice of Release of New Challenge Plan 2016 (Long-Term Business Plan 2007-2016) May 9, 2007 Company name: Mitsui Fudosan Co., Ltd. Representative: Hiromichi Iwasa, President and CEO Securities code: 8801, First section of TSE/OSE Mitsui Fudosan Group: Long-Term Business Plan Notice

More information

Yokogawa Draws Up Transformation 2017, a New Mid-term Business Plan Three reforms for growth

Yokogawa Draws Up Transformation 2017, a New Mid-term Business Plan Three reforms for growth Name of Listed Company: Yokogawa Electric Corporation (URL: http://www.yokogawa.com) (Stock code: 6841, listed in TSE 1st section) Name and Position of the Representative: Takashi Nishijima, President

More information

Implementation of management policies

Implementation of management policies Attachment Contents 1 Qualitative Information for the Second Quarter of the Fiscal Year Ending March 31,2012 2 (1) Qualitative Information on the Consolidated Business Results 2 (2) Qualitative Information

More information

Mitsubishi Electric Announces Consolidated Financial Results for the First 9 Months and Third Quarter of Fiscal 2016

Mitsubishi Electric Announces Consolidated Financial Results for the First 9 Months and Third Quarter of Fiscal 2016 MITSUBISHI ELECTRIC CORPORATION PUBLIC RELATIONS DIVISION 7-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, 100-8310 Japan FOR IMMEDIATE RELEASE No. 2989 Investor Relations Inquiries Investor Relations Group

More information

Analyst Meeting Materials

Analyst Meeting Materials Azbil Corporation RIC: 6845.T, Sedol: 6985543 Analyst Meeting Materials For the Third Quarter of the Fiscal Year Ending March 31, 2016 (Based on Japanese GAAP) Human-centered Automation 1. Financial

More information

Medium-Term Management Plan E-Plan2016 (April 1, 2014 to March 31, 2017) EBARA Corporation (6361) May 9, 2014

Medium-Term Management Plan E-Plan2016 (April 1, 2014 to March 31, 2017) EBARA Corporation (6361) May 9, 2014 表紙 Medium-Term Management Plan E-Plan2016 (April 1, 2014 to March 31, 2017) EBARA Corporation (6361) May 9, 2014 Key Message from New Medium-Term Management Plan (E-Plan2016) E-Plan2013 E-Plan2016 Vision

More information

Materials for FY2015 3Q Results Briefing - Conference Call. Feb. 15, 2016 (Mon)

Materials for FY2015 3Q Results Briefing - Conference Call. Feb. 15, 2016 (Mon) Materials for FY2015 3Q Results Briefing - Conference Call Feb. 15, 2016 (Mon) Contents Summary of FY 2015 3Q Results Consolidated Earnings for FY 2015 3Q Page 1-4 Domestic Non-life Insurance Companies

More information

Preliminary Consolidated Financial Results for the Six Months Ended September 30, 2012 (Prepared in Accordance with Japanese GAAP)

Preliminary Consolidated Financial Results for the Six Months Ended September 30, 2012 (Prepared in Accordance with Japanese GAAP) November 1, 2012 Sony Financial Holdings Inc. Preliminary Consolidated Financial Results for the Six Months Ended September 30, 2012 (Prepared in Accordance with Japanese GAAP) Tokyo, November 1, 2012

More information

Obayashi Group Medium-Term Business Plan 2015

Obayashi Group Medium-Term Business Plan 2015 Obayashi Group Medium-Term Business Plan 2015 (FY2015 - FY2017) Toward social safety, security and further stable management Evolution 2015 Report from Medium-Term Business Plan 2012 (FY2012 to FY2014)

More information

Improving Customer Service (Public Relations Activities)

Improving Customer Service (Public Relations Activities) Improving Customer Service (Public Relations Activities) To carry out sewerage activities efficiently, it is vitally important to have public cooperation and understanding. Public interest in the sewerage

More information

Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2016

Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2016 Note; This document is in English translation of Kessan Tanshin for the First Quarter of the Fiscal Year Ending March 31, 2016 and is provided solely for reference purposes. In the event of any inconsistency

More information

TOYOTA CODE OF CONDUCT

TOYOTA CODE OF CONDUCT TOYOTA CODE OF CONDUCT March, 2006 Guiding Principles at Toyota 1. Honor the language and spirit of the law of every nation and undertake open and fair corporate activities to be a good corporate citizen

More information

Chiyoda Group Companies The Medium-Term Management Plan

Chiyoda Group Companies The Medium-Term Management Plan Chiyoda Group Companies The Medium-Term Management Plan FY2013 - FY2016 Seize the moment, Open up new frontiers May 10, 2013 Chiyoda Corporation All Right Reserved. CHIYODA 2013 INDEX 1. Corporate Philosophy,

More information

Medium-Term Business Plan (from FY2014 to FY2016) March 28,2014 Yusen Logistics Co., Ltd.

Medium-Term Business Plan (from FY2014 to FY2016) March 28,2014 Yusen Logistics Co., Ltd. Medium-Term Business Plan (from FY2014 to FY2016) March 28,2014 Yusen Logistics Co., Ltd. INDEX Ⅰ. Review of the Previous Medium-Term Business Plan Ⅱ. Numerical Targets Ⅲ. Strategies to Achieve Targets

More information

Summary of Consolidated Financial Results for the Nine Months ended December 31, 2014

Summary of Consolidated Financial Results for the Nine Months ended December 31, 2014 Summary of Consolidated Financial Results for the Nine Months ended January 30, 2015 Company Name: NGK INSULATORS, LTD. URL: http://www.ngk.co.jp/english/ Listing Code: 5333 Stock Exchange Listings: Tokyo

More information

Company Name: Yamaha Corporation President and Representative Director: Mitsuru Umemura Code Number: 7951 (First Section of Tokyo Stock Exchange)

Company Name: Yamaha Corporation President and Representative Director: Mitsuru Umemura Code Number: 7951 (First Section of Tokyo Stock Exchange) For immediate release Company Name: Yamaha Corporation President and Representative Director: Mitsuru Umemura Code Number: 7951 (First Section of Tokyo Stock Exchange) April 5, 2013 Outline of the New

More information

FY2015 Management Plan Q1 Follow-up

FY2015 Management Plan Q1 Follow-up FY2015 Management Plan Q1 Follow-up July 2015 FURUKAWA ELECTRIC CO., LTD. Hiroyuki Ogiwara Director, General Manager of the Finance & Procurement Division Forward-Looking Statements Projections of future

More information

(Consolidated) Gas sales volume 8,459 million m 3 (+1.8%) Electricity Sales Volume 8,242 million kwh(-2.4%)

(Consolidated) Gas sales volume 8,459 million m 3 (+1.8%) Electricity Sales Volume 8,242 million kwh(-2.4%) Osaka Gas Group s Business Plan for March 11, 2015 Osaka Gas Co., Ltd. 1. Priority issues in In FY2016.3, we intend to steadily implement Catalyze Our Dreams, our Medium-term Business plan announced in

More information

Notice concerning Third-Party Allotment of the New Shares and Transfer of the Shares of Consolidated Subsidiary

Notice concerning Third-Party Allotment of the New Shares and Transfer of the Shares of Consolidated Subsidiary (Note) This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original

More information

Medium-term management plan (FY2016 to FY2018)

Medium-term management plan (FY2016 to FY2018) May 11, 2015 FANCL Corporation TSE 1st Section: 4921 Medium-term management plan (FY2016 to FY2018) FANCL Corporation wishes to notify you that at today's meeting of our Board of Directors, the Directors

More information

Osaka Gas Group s Business Plan for FY 2015.3

Osaka Gas Group s Business Plan for FY 2015.3 Osaka Gas Group s Business Plan for March 13, 2014 Osaka Gas Co., Ltd. 1. Priority Tasks for The Osaka Gas Group recognizes the fiscal year ending March 31, 2015 (FY 2015.3) as the year of (1) accelerating

More information