Message from the President

With the end of the COVID-19 pandemic, it is hoped that the economy will recover with EXPO 2025 Osaka Kansai. However, international collaboration on global warming countermeasures is weakening, and the tide of protectionism appears to be rising. In such times, it is necessary to return to our origins and hold steadfastly to our corporate creed and policies.

In formulating our new Medium-Term Management Plan commencing in fiscal 2025, we will put the origin on the board by thoroughly applying the corporate philosophy, establishing a new human resources policy, and reassessing our “5S and 5 Fixed Principles” activities based on “HNPS” activities. With the aim of achieving a price-to-book ratio of 1, we have set out our direction for existing, new, and future businesses, highlighting our people and innovation, in order to become a company that can contribute to society while continuously and indefinitely generating profits. We expect to reach this goal 20 or 30 years from now, and since there are, unfortunately, a large number of unknown factors about this time, such as the external environment, our specific vision is the subject of ongoing discussion.

The issues that require our attention right now are as follows.

• Existing businesses

  Increase in order price and reduction in costs on existing engines
  Conversion of methanol-fueled engines to dual-fuel engines
  Use of overseas markets

• New businesses

  Expansion of the CMR business
  Optimization of the production system

• Future businesses

  Research and development of new fuels
  Creation of new technologies and businesses

In addition, we are also proceeding to increase our human capital investment to support the foundation of these businesses. We have also formulated a specific dividend policy as part of our effort to implement management that is conscious of cost of capital and stock price.

The name of our new Medium-Term Management Plan is “Go for it! Give it a try!!” It incorporates our spirit of moving forward and taking hold of something without fearing failure.

We are committed to providing the highest satisfaction to all of our stakeholders, and to the continuous evolution and growth of The Hanshin Diesel Works, Ltd.