Message
Kenji Hasuwa
Representative Director, President and CEO
The Obayashi Group has adopted its brand vision to "MAKE BEYOND: Transcending the art and science of making of things." This vision for the future embodies our commitment both to advance the technologies and knowledge of craftsmanship we have cultivated throughout our history to an even higher level in response to the needs of the current era and to strive to nurture growth beyond our existing business framework.
Our societies and economies are undergoing major change as people's values and behavior alter and digital technology advances at an ever-increasing pace. We are entering an era of uncertainty, which makes predicting the future much more difficult. Even in the face of such highly uncertain circumstances, society, customers, investors, and other stakeholders are holding private companies to higher standards, requiring them to face the global issues of carbon neutrality and well-being with earnest sincerity and mount an unfailing response that will lead to workable solutions.
The Obayashi Group formulated its Medium-Term Business Plan 2022 to help deal with these issues and address the current environment. The plan seeks to strengthen our business foundation and accelerate company-wide transformation based on our three fundamental strategies: strengthen and expand the foundation of construction business; innovate technologies and businesses; and expand the business portfolio for sustainable growth. That is combined with a commitment to emphasize capital efficiency through the adoption of return on investment capital (ROIC) as a management performance indicator. In May 2024, we compiled and announced an addendum to the Medium-Term Business Plan 2022, which included a revision of our capital policy to further promote management policies with a focus on capital efficiency.
To contribute to realize the sustainable society stated in the Obayashi Philosophy, the Obayashi Group has envisioned the ideal society to which we should all aspire in the Obayashi Sustainability Vision 2050. To achieve sustainability of "the planet, society, and people," the Group remains committed to the challenge of pursuing ongoing transformation driven by people and innovation, and to provide a variety of solutions to social issues that impact the sustainability of the spaces where people gather, our cities, and the environment. I believe this will enable us to fulfill the trust placed in us by all stakeholders including our customers, shareholders, and investors.
Kenji Hasuwa
Representative Director
President and CEO