Message from CSO

Normal economic activities has been recovering in Japan as relaxing the measures against new corona virous infections around the world. However, the future outlook remains uncertain due to some restrictions on production activities caused by semiconductor shortages, continuing high resource prices and a sharp rise in electricity bills due to the situation in Ukraine, in addition to the concerns of an economic downturn and unstable exchange rates due to ongoing global monetary tightening.

In April 2022, the Origin Group launched a five-year medium-term management plan so called, “Change & Growth 2026”. Under the plan's themes of "Change" and "Growth", we aim to become a true "Niche Top" company and promote our business activities along with our customers as strategic partners by leveraging our technological superiority. We are currently working on six "Changes" in the fields of "Business", "Technology", "Sales", "Culture", "Cost Structure" and "Communication".

On March 31, 2023, we have been requested by the Tokyo Stock Exchange to take actions to achieve the management style being conscious of capital cost and stock price. In our medium-term management plan, the Origin Group has established a basic policy for our business portfolio, and has been promoting business activities based on the profitability of each segment using ROIC to determine the direction and business strategy for each business segment. We recognize that further management efforts are needed to achieve ROE of at least 7% in the fiscal year ending March 31, 2026 and to improve our lower PBR.

The changes in the business environment are accelerating from the Corona disaster as the use of generative AI technology is progressing around the world in a very short period. In order to achieve "Growth" among Origin Group, each one of us is actively taking on the challenges in faster paces than before toward to utilizing digital technology (DX), promoting sustainability management (SX), concentrating resources in strategic fields, downsizing and/or withdrawing from unprofitable business fields, and expanding business areas based on our core technologies.

We would like to thank all of our stakeholders for their continuing supports.

Yasuyuki Sugiyama, CSO, Origin Co.,Ltd.