The Three Major Challenges of V2020 Phase 2
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021ReframedAnnual report
「As its vision for where it should be in 10 years, the company defined itself as a “shift innovator centered on manufacturing” and is pursuing three major SHIFT initiatives to achieve it: (1) SHIFT toward growth, (2) SHIFT toward higher corporate value, and (3) SHIFT toward further globalization.」
The framework for priority initiatives was reorganized from V2020’s three major challenges into SHIFT2030’s three major SHIFT initiatives. - FY2020RestatedAnnual report
「To achieve the targets of “V2020,” the company identified three major challenges: creating and growing new businesses and products, promoting global management, and improving total cost competitiveness, and has advanced initiatives in these areas.」
The company continues to identify the three major challenges of Phase 3. Progress on individual initiatives is presented in the relevant threads, but the composition of the three major challenges itself has not changed. - FY2019ReframedAnnual report
「The Three Major Challenges of Phase 3 of “V2020” (1) Creation and growth of new businesses and products (2) Promotion of global management (3) Improvement of total cost competitiveness」
In Phase 3, the three major challenges of Phase 2 were reorganized as “creation and growth of new businesses and products,” “promotion of global management,” and “improvement of total cost competitiveness,” with priority initiatives such as NITTA INNOVATION, synergies among Group companies, brand enhancement, and operational reform made more specific. - FY2017RestatedAnnual report
「(b) The Three Major Challenges of Phase 2 of the Medium- to Long-Term Plan “V2020” ・Creation of new products and businesses ・Promotion of globalization ・Improvement of total cost competitiveness」
The company restated the three major challenges for Phase 2, covering FY2015 through FY2017, and stated that it would implement its basic strategy based on them. - FY2016First statedAnnual report
「In Phase 2 (FY2015–FY2017), the company identified three major challenges: (1) creating new products and businesses, (2) promoting globalization, and (3) improving total cost competitiveness.」
The company defined Phase 2 as FY2015 through FY2017 and specified three priority initiatives.