Nittobo Group strives to contribute to the realization of an enriched society,
serves as a valued corporate group in society, and commits to the creation of comfortable life.
Nittobo Group formulated a 3-year Mid-Term Business Plan until FY2023, which we mark the 100th anniversary of our foundation and the start into the next 100 years. In addition, we determined the corporate vision in 2030 [Big VISION 2030: as a corporate group that continues to create a global No.1 niche business, we aspire to contribute to "Environment / Energy," "Digital Society," and "Health / Security / Safety" for realizing a sustainable society.
In the previous Mid-Term Business Plan, we adopted "challenges for change and creation" as our theme and regarded the four years as a period to reinforce a foundation to achieve a sustainable growth and have been implementing measures to thoroughly reinforce the strengths of Nittobo Group. Social and economic environments rapidly changed due to the impacts of the COVID-19 since the beginning of 2020. Consequently, we missed the target level initially set in terms of business performance. Meanwhile, we focused our investments on human resources, research and development, and facilities, and laid a foundation for growth.
In the three years of the New Mid-Term Business Plan starting FY2021, we set "realization of change and creation", and we will be in a stage to reap the benefits of the previous Mid-Term Business Plan. At the same time, it will also be a new stage, a launch of long-term strategy to achieve [Big VISION 2030], the corporate vision for 2030.
Nittobo Group will create further business growth with highly-added values including the Group's unique products such as Special Glass suitable for 5G and high-speed large-capacity data processing and in vitro diagnostic reagents essential for keeping people's health condition and their health promotion. Moreover, we will implement structural reforms to make each business evolve into lean business units. In addition, we will focus on initiatives for not only reducing CO₂ in the production process, but also environmental issues through providing products such as glass wool heat insulation materials for the realization of a sustainable society. We will prepare a motivational and creative work environment for the Group employees who will be the basis for these changes and creations by proceeding with development of human resources and workstyle innovation.
We will steadily carry out measures specified in the New Mid-Term Business Plan and improve corporate value continuously, and to gain and maintain the trust of our stakeholders in pursuit of client satisfaction. We hope that you will join us in welcoming the bright future of Nittobo Group.
Director, Representative and Chief Executive Officer
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