Strengthening the Management Foundation through Governance, Compliance, Human Resources and Strategic Investment

「To achieve its desired position in 2035, the group has positioned the medium-term management plan beginning in the fiscal year ending March 2026 as a 3-year period of “rebuilding for transformation,” and has identified the execution of its financial strategy, the execution of its growth strategy, and the development of systems and structures supporting its growth strategy as management priorities.」

「The Company will strengthen global governance through initiatives including the introduction of a “common global systems platform,” enhancement of the “IT governance framework” and establishment of an “ASEAN Regional Management Department.”」

「During the interim consolidated accounting period, there were no significant changes to, or newly arising issues among, the business and financial issues requiring priority attention for the consolidated group.」

「During the interim consolidated accounting period, there were no significant changes to, or newly arising issues among, the business and financial issues requiring priority attention for the consolidated group.」

「Under the medium-term management plan for fiscal 2022 through fiscal 2024, the company has adopted “Strengthening the management foundation supporting transformation and growth” as one of its basic policies. Through developing and securing human resources that contribute to human-capital management and improving the associated internal environment, it is working to “create an organizational culture that generates innovation,” “improve employee engagement” and “systematically develop human-resource value.”」

「Under the medium-term management plan, the company has identified the following management priorities: ① further strengthening its core businesses, ② pursuing the creation of new value, and ③ strengthening the management foundation supporting transformation and growth.」

「At a meeting of the Board of Directors held on 8 September 2020, the company resolved that its consolidated subsidiary Geico S.p.A. would make its equity-method affiliate J-PM Systems GmbH a consolidated subsidiary by acquiring an additional 26% of its shares, acquire a further 19% through a private placement and ultimately raise its ownership interest to 70%, and that J-PM Systems GmbH would acquire shares in Process Solution Partner GmbH, Process Solution Partner Rus LLC and Software Automation Concepts d.o.o. and make them consolidated subsidiaries. The shares were acquired on 16 September 2020.」

「At a meeting of the Board of Directors held on 22 July 2020, the company resolved to make Nicomac Clean Rooms Far East LLP, India, a consolidated subsidiary by acquiring an interest in the company. It entered into an investment agreement on the same date and made the acquisition on 30 July 2020, thereby making Nicomac a consolidated subsidiary.」

「To achieve its long-term vision of becoming a global corporate group that creates the optimal environment through distinctive engineering, the group has identified the following management priorities: ① establishing a firm position in global markets, ② strengthening initiatives for the future, and ③ creating an attractive company and building a strong management foundation.」

「To respond flexibly and swiftly to changes in social needs and market conditions and implement the basic management policies described above, the company will strengthen its management foundation by actively pursuing (a) further enhancement of its corporate governance structure, (b) reinforcement of its global compliance system, (c) improvement of its human-resource capabilities, and (d) strategic investment to strengthen its business foundation.」