To Our Shareholders and Investors
We sincerely appreciate your support for our business activities.
Described below are some of the management policies and key initiatives we will implement in our fiscal 2013 business activities.
Shimizu has created Smart Vision 2010, a long-term vision outlining the ideal shape of the company’s businesses 10 years into the future, and Midterm Management Plan 2010, which establishes the company’s management policies for the coming five-year period. Based on these documents, Shimizu has created a three-year medium-term management plan, which defines the Group’s business strategies for the next three years. This management plan is updated on a rolling basis.
Under the current three-year medium-term management plan, starting in fiscal 2013, Shimizu is aiming to put even greater emphasis on securing profits particularly by boosting profitability in the core construction business in response to changes in the operating environment, such as a nationwide shortage of labor and materials and rising personnel and material costs.
The summary of the plan is as follows.
Three-Year Medium-Term Management Plan (FY 2013-FY 2015): Summary
Management Policies
Actively strengthen profitability in the core construction business by responding properly to changes in society and at customers, and aggressively expand business domains in order to generate stable profits and deliver sustainable growth across the whole Shimizu Group.
Key measures
1. Strengthen profitability in the core construction business
- Ensure profits are secured when orders are won, through close cooperation between sales, design and construction teams
- Secure profits by ensuring front-loading practices in upstream areas
- Step up efforts to improve monozukuri (the handing down of specialized technologies, knowledge, and skills) and reform production systems
- Steadily put into practice ecoBCP solutions centered on environmental, energy, and disaster risk mitigation technologies
2. Enhance initiatives in the three key areas of Smart Vision 2010
- Promote the BSP* business by improving cooperation across the Shimizu Group in the stock management field
- Promote the creation of profit-generating businesses in the sustainability field, such as renewable energy, smart communities, and emissions credit projects
- Improve the Group’s competitiveness in the global market by continuing to train personnel and thoroughly managing risk
* Building Service Provider: the provision of total facility operation and management services after the building has been completed.
3. Reinforce business and personnel foundations
- Rebuild organizational systems and teams to match them to the scale of the business
- Further enhance productivity and efficiency of back-office departments
- Implement various measures to train personnel and improve employee motivation
Shimizu is continuing to promote its proprietary ecoBCP solutions, aiming to contribute to create more safe and secure communities through the provision of advanced technologies in the environmental, energy and BCP fields.
Shimizu ’s ecoBCP solutions are designed to ensure business continuity plans (BCP) work effectively in the event of an emergency by securing structural technology and energy independence. The solutions also realize eco-friendly (eco) building operation under normal conditions by surely and comfortably saving energy through the use of various technologies such as technology that automatically control air conditioning and lighting based on how the facility is being used.
Also, given Shimizu ’s position as a construction company, we are working to contribute to the earthquake rebuilding efforts as a matter of top priority by bringing together the Group’s combined strengths, centered on ecoBCP-related technologies. This approach will underpin a range of projects going forward.
Through these initiatives, we will seek to instill our corporate message, “Today’s Work, Tomorrow’s Heritage,” in the daily activities of all our officers and employees, doing everything we can to contribute to the earthquake rebuilding effort and to support recovery and growth in the Japanese economy.
We look forward to the continued support and advice of our shareholders and investors.
Yoichi Miyamoto, President
Shimizu Corporation
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- (in Japanese)