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 2011 business activities.
Shimizu’s current management strategies consist of three frameworks: a Long-term Vision, which identifies goals to be achieved 10 years from now; a Midterm Management Plan, which establishes management policies over the coming five years; and a three-year medium-term management plan, which formulates concrete plans on a rolling basis over each of the coming three years.
Shimizu formulated its long-term vision (Smart Vision 2010) in July 2010 and its Midterm Management Plan 2010 (FY2010–2014) in November 2010.
These plans will serve as the basis for Shimizu’s current three-year medium-term management plan.
Three-year medium-term management plan (FY 2011 – 2013): Key issues
Management policies
Advancing management to strengthen business foundations and tackle new challenges, with the goal of achieving sustainable growth and further progress for the Shimizu Group as a whole, even in times of unclear prospects
Key measures
1. Enhancing competitiveness in the core business of construction
- Boosting the added value of construction products by incorporating technologies and quality, centering on the environment
- Expanding receipts of renewal construction orders through enhanced after-sales service activities
- Continuing advances in monozukuri (the handing down of specialized technologies, knowledge, and skills) as well as production-system reforms
2. Establishing key focus areas
- Expanding the building maintenance business through enhanced after-sales service activities
- Enhancing efforts targeting sustainability and the environment
- Securing and developing human resources with a focus on global activities and building stock management
3. Enhancing management foundations
- Continuous implementation of CSR management
- Increasing the productivity and efficiency of in-house departments
Based on our understanding of the construction industry’s mission—namely, to create and protect critical infrastructures that underlie society and support human life—the entire organization will pursue organizational and personnel enhancements in response to the Great East Japan Earthquake. These will include activities to help recovery and reconstruction in affected areas and to support business continuity among clients who are facing electricity shortages.
Through such initiatives, we plan to devote every effort to rebuilding eastern Japan and to achieving recovery and growth for Japan’s economy. In our daily activities, all officers and employees will continue to apply the concepts embodied in our corporate slogan, “Today’s Work, Tomorrow’s Heritage.”
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)