Integrated Report 2019
27/110

25LINTEC INTEGRATED REPORT 2019A Message from the Executive General Manager, Business Administration Div.Makoto HattoriDirectorManaging Executive OfficerExecutive General Manager,Business Administration Div.In regard to our consolidated business results in the fiscal year ended March 31, 2019, which was the second year of our LIP-2019 medium-term business plan, our operations were affected by a difficult economic environment and rising prices for raw materials and fuel. We reduced our business results forecasts two times, and we still faced a number of challenges at the end of the year. Under the current circumstances, it will be extremely difficult to achieve the plan’s final numerical targets in the fiscal year ending March 31, 2020. First, we will carefully analyze the reasons why we did not achieve our targets in the fiscal year under review and identify issues in each area of opera-tions. On that basis, we will continue to implement a variety of initiatives.The way to realize sustained growth is to do our utmost to conduct manufacturing in a manner that addresses the needs of customers. In other words, we need to meet market standards. The LINTEC Group is rolling out business strategies for the regions of Japan, Asia, North America, and Europe. We must accurately determine the needs in each market, implement flexible responses, and aggressively launch new products. The New Project Planning Office, which was established in April 2018, will play an important role, especially from a medium- to long-term viewpoint. Up to this point, in new product development each operation had a tendency to give priority to short-term improvements. However, through the New Project Planning Office, we are aiming to transcend boundaries between operations and give shape to development themes that are focused 5 or 10 years into the future. Moving forward, we will work to further strengthen our systems.In addition, in cooperation with the Production Div., we are currently advancing projects targeting the improvement of earnings at overseas production subsidiaries. In the U.S., at MADICO, INC., we went through a process for identifying and improving problems, which contributed to the recovery in performance at MADICO. Going forward, we will extend this process to other overseas production subsidiaries and strive to reinforce the earnings foundations of these companies.Then, the SDGs will be the key to further growth. LINTEC is aiming to contribute to the resolution of social issues through its core businesses, and to that end we launched the SDGs Committee as a Companywide organi-zation in February 2018. In my capacity as the officer in charge of advancing the affairs of this committee, I will strive to promote activities that foster the rapid incorpora-tion of the SDGs into our business strategies.ESGStrategyOverviewFinancial Information

元のページ  ../index.html#27

このブックを見る