Press Conference on the Change of President

On July 9, a press conference was held at the JP Tower 3rd Floor,Hall & Conference (Nakamura-ku, Nagoya), where Global Headquarters is located, to announce the change of president.

Approximately 20 members of the media attended the press conference.

Contents of the press conference

At the beginning of the conference, Mr. Matsui, Chairperson of the Board, summarized his five years in office and expressed his gratitude for the support of all stakeholders in celebrating the 90th anniversary of the company's founding last December.

He also mentioned "strengthening the global structure" as an issue that I should continue to work on.

I then presented what I would like to keep in mind as president in four key words.

1)CASE x "Material Power", Making Friends to Create Value Together

2)Quick decision-making and agile business operations

3)Opportunity to transform into a muscular （strong and lean） organizational structure

4)"Banji-nissei"

It means “do your sincere best, not only in business, but also in every aspect of life. ”Originating from the preamble of Monjuin Shiigaki, it speaks of the importance of sincerity in all human endeavors.

Contents of questions

The reporters asked me questions about the strength of our existing products in response to CASE, the outlook for new products, remote work after Corona, production bases in Japan and oversea, and earnings forecasts.

The press conference was reported in newspapers and also on the Web the next day, so some of you may have seen it.

The purpose of the press conference was to let our stakeholders know our future direction and to increase the number of fans (friends) of us through the media.

Of course, I want all of you, employees to know the most about it.

As of now, the press conference is available intranet as president channel video.

It is just the right amount of information to help you understand the direction and philosophy of the company.

I know you are busy with your work, but I hope that all of you, especially department and division managers, will be sure to take a look at it and use it as an opportunity to have a dialogue with your subordinates.