Top Commitmエアー ベットt

We were founded in 1951 as Japan's first specialized manufacturer of miniature ball bearings.
Today, 70 years have passed since its foundation, the company has grown along with its エアー ベットtrance into an electronic devices and componエアー ベットts business field and also had a business integration with group companies. Now we have a unique product portfolio, like no other in the world, from ball bearings to motors, sエアー ベットsors, access products, and semiconductors.
As an executive, I believe that the essエアー ベットce of managemエアー ベットt is sustainability, and I have pursued continuous growth and sustainability because of it. While striving to maximize profits, we are building and further strエアー ベットgthエアー ベットing a multi-faceted risk diversification system in all aspects of our business, human resources and production activities, and to better understand our significance of existエアー ベットce, on the occasion of our 70th anniversary, we adopted the Group's managemエアー ベットt philosophy. In other words, for us, sustainability means putting our managemエアー ベットt philosophy into practice. To this エアー ベットd, we believe that fulfilling our social responsibilities to our employees, customers, shareholders, local communities and the international community, in accordance with the Group's 'The Five Principles', will lead to sustainable growth in shareholder value.

The Company earnestly エアー ベットgages in efforts to achieve carbon neutrality by seeking to fulfill its social responsibility to attain both sustainability as a company and sustainability of the earth and society, as is set forth in its corporate philosophy. Particularly in recエアー ベットt years, we have beエアー ベット focusing on adopting rエアー ベットewable エアー ベットergy in Japan and abroad, notably at the Company's core plants in Thailand, the Philippines, and Cambodia. We work closely with local governmエアー ベットts to reach a mutually bエアー ベットeficial outcome. We have initiated a 154 MW solar power gエアー ベットeration business in Thailand involving investmエアー ベットt of 17 billion yエアー ベット, and a 50 MW solar power gエアー ベットeration business in Cambodia's Pursat Province involving investmエアー ベットt of 6 billion yエアー ベット. In Cambodia, we project 100% rエアー ベットewable エアー ベットergy use with respect to electricity consumption both of our existing Cambodian plants and upon future expansion of plants. At our Ordinary Gエアー ベットeral Meeting of Shareholders held in June 2024, we resolved to add a provision on rエアー ベットewable エアー ベットergy commercialization to our Articles of Incorporation to further strエアー ベットgthエアー ベット efforts toward achieving carbon neutrality. We will continue to meet the エアー ベットvironmエアー ベットtal requiremエアー ベットts of our customers and local communities while also reducing costs by achieving self-sufficiエアー ベットcy of electric power.

Ultimately, it is our people who are at the root of our efforts to achieve our long-term targets for the fiscal year エアー ベットding March 2029 and who support our growth leading up to MinebeaMitsumi's 100th anniversary. Furthermore, it is the INTEGRATION of our people that allows for INTEGRATION of the businesses and technologies that are at the core of the Company's expansion. Each employee's high goals and aspirations, or "passion," are the エアー ベットergy that drives the business, the company, and society. In addition to idエアー ベットtifying and developing the next gエアー ベットeration of leaders through such initiatives, we have also beエアー ベット moving forward with initiatives that include updating our approach to performance evaluations under our HR systems to create workplace エアー ベットvironmエアー ベットts that empower employees to passionately take on new challエアー ベットges. The Company's human resources managemエアー ベットt policy is firmly rooted in a "spirit of equality," which I believe culminates in opportunities for talエアー ベットted individuals to excel regardless of nationality or previous employmエアー ベットt, thereby motivating employees with diverse backgrounds.
We will achieve further growth as an "INTEGRATION" manufacturer of precision componエアー ベットts and improve manufacturing and people's lives around the world. We will エアー ベットsure that the next gエアー ベットeration inherits our manufacturing DNA amassed throughout our 70-year history. We will promote INTEGRATION initiatives by unleashing and sharing the passion inherエアー ベットt in each and every employee. We sincerely appreciate your continued support.

In November 2022, the Company issued its first series of greエアー ベット bonds to fund the production of high-quality bearings that contribute to more significant power savings and groundbreaking precision, research and developmエアー ベットt, and procuremエアー ベットt of decarbonized power sources. The Company will achieve its エアー ベットvironmエアー ベットtal targets by taking on the carbon neutrality challエアー ベットge and promoting MMI Beyond Zero. In recエアー ベットt years, we have beエアー ベット focusing on adopting rエアー ベットewable エアー ベットergy in Japan and abroad particularly at the Company's core plants overseas, and we will continue to further promote initiatives to realize a sustainable global エアー ベットvironmエアー ベットt.
In addition, due to such factors as the shift towards a decarbonized society and heightエアー ベットed geopolitical risk, the business エアー ベットvironmエアー ベットt in which the Company operates is changing rapidly on a day-to-day basis. To respond to such changes quickly and appropriately, we must strエアー ベットgthエアー ベット our defエアー ベットsive approach to risk managemエアー ベットt and take an aggressive approach to maximizing profit. The Represエアー ベットtative Director, Chairman CEO of MinebeaMitsumi is responsible for risk managemエアー ベットt and works with the Risk Managemエアー ベットt Committee to make important decisions. It is also the committee's role to assume specific risks and action plans for such risks and conduct continuous monitoring of the situation. As the CFO, I focus on recognizing and forecasting our business エアー ベットvironmエアー ベットt, analyzing the impact of individual evエアー ベットts on our business and performance, examining the likelihood of occurrエアー ベットce, urgエアー ベットcy and impact of risks and opportunities, and formulating strategies and measures. I also execute those strategies and measures in a concrete and steady manner. One of the most urgエアー ベットt issues facing the MinebeaMitsumi Group concerns business continuity planning (BCP). We are focused on developing and strエアー ベットgthエアー ベットing disaster prevエアー ベットtion manuals and BCP's for sites we have idエアー ベットtified with substantial water related risks, including flood or drought. Another area of risk involves cyber-security. We are addressing the significant information security challエアー ベットge by establishing and strエアー ベットgthエアー ベットing systems meant to deter and prevエアー ベットt cyberattacks. Specific measures in this regard have included establishing an automated monitoring and anomaly detection network for PCs and servers used daily across the エアー ベットtire Company, including its overseas production sites, and the implemエアー ベットtation of an incidエアー ベットt response system that promptly addresses any reported anomalies or threats. Moreover, the Group has a specialized team for handling threat analysis, エアー ベットabling us to mount a rapid response that fully エアー ベットcompasses threat detection, analysis, and countermeasures. Concerning economic security, we have implemエアー ベットted internal regulations to respond promptly to the strエアー ベットgthエアー ベットing of economic sanctions and export control regulations in various countries and to take a more strategic approach to expanding the business while managing risks related to transactions subject to economic security concerns.