As a diversified material manufacturer, the Mitsubishi Materials Group has sought to work "For People, Society and the Earth" through the supply of basic materials indispensable to the world. Since our founding in 1871, we have played significant roles in the modernization of Japan through businesses of resources such as metal mines and coalmines. In the postwar era, our business expanded into areas such as cement, metal processing and electronic materials in the midst of the shift of the country's industrial structure. We also proactively undertake an environmental recycling business utilizing many different business infrastructures. We have enhanced the research and development of our unique and distinctive technologies and products, and offer an extensive range of superior products, systems and services in order to respond to increasingly diversified global needs. At the same time, we aim to make the most efficient use of resources and raw materials, the blessings of nature. By recycling them, we contribute to a sustainable and recycling-oriented world.
Mitsubishi Materials Group partly reviewed the vision that shows our ideal based on the corporate philosophy and long-term management policy. We decided that the Vision is "We will become the leading business group committed to creating a sustainable world through materials innovation, with the use of our unique and distinctive technologies, for People, Society and the Earth." We also established a medium- to long-term policy for the entire company with an eye to ten years into the future, as follows: "optimization of business portfolio," "thorough pursuit of business competitiveness" and "creation of new products and new businesses."
We started the new medium-term management strategy (for FY2018-20) to realize the corporate philosophy, vision and long-term management policy described above from April this year. The theme under the strategy is "reform for growth." We consider, based on the 146-year history of our company, that the sustainable growth of the Mitsubishi Materials Group requires that we "reform for growth," that is to specifically change the status quo and always take on the challenge of meeting the demands of the times and create new value. We will work as one on various initiatives under the medium-term management strategy, which puts together the management strategies and plans to be implemented in the coming three years, and aim to become the leading business group in each major market.
⇒Medium-term management strategy
Through our fair business operations we will continue to promote "materials innovation" that addresses the emerging global challenges. We strive to meet the expectations of our stakeholders, including our shareholders, as we seek to become "the leading business group committed to creating a sustainable world."
Your continued support and cooperation will be highly appreciated.