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Management Policies, Medium-term Management Plans, and Business and Other Risks

Management Policy

Sustainable Enhancement of Corporate Values

Origin develops its business by utilizing management resources centered on technologies, which are its original strengths, under its management philosophy and sustainability policy, while grasping trends in the social environment. With the aim of becoming a "niche top" in our medium-term management plan, we will pursue the exploration of new technologies and the creation of new businesses under our “Change" and “Growth," thereby providing customers with reassurance and comfort and also contributing to the solutions for social issues.

Sustainable Enhancement of Corporate Values

Mid-term Management Plan

Vision

Aiming for niche top
~A company that provides security and comfort to society and customers~

Theme

“Change” and “Growth”
By implementing the new medium-term management plan, which is centered on " Change " and "growth," we will create a new "growth engine" and become an indispensable presence in a drastically changing social environment through the development of unique technologies.

Six Transformations

business aspects
  • Ⅰ. Changing business
  • Ⅱ. Changing Technology
  • Ⅲ. Changing Sales
systematics aspects
  • Ⅰ. Changing culture
  • Ⅱ. Changing Cost Structure
  • Ⅲ. Changing communication

Numerical plan

In April 2022, our group started a new medium-term management plan, Change & Growth 2026
Through focused efforts on growth strategies, including the development of new markets and the creation of new businesses, we aim to create new growth engines and achieve medium- to long-term corporate value.

Take a closer look

Business and Other Risks

We have established internal regulations relating to crisis management in our business losses and set up a "Risk Management Committee" to oversee the overall risks. Furthermore, each business unit conducts its own risk management, and a system to report the status of its risk management to the Board of Directors has also been established.

Among the matters related to the business situation and accounting situation, the primary risks recognized by management that may have a significant impact on the financial condition, operating results, and cash flow of the consolidated company are as follows:

  • (1)Structural risks associated with equipment industry-related business
  • (2)Supply chain
  • (3)Price competition, competition and new development of products
  • (4)Disaster countermeasures
  • (5)Infectious disease and pandemic-related
  • (6)Retirement benefit costs and obligations
  • (7)Public regulations
  • (8)Compliance
  • (9)Human resource recruitment and development
  • (10)Foreign exchange rate fluctuations
  • (11)Impairment accounting
  • (12)Information security and cyber attacks
  • (13)Product quality-related
  • (14)Financial covenants
  • (15)Deferred tax assets