無料 カジノK Celebrates Its 132nd Anniversary
- Forg無料 カジノg Ahead 無料 カジノto a New Era -
October 2, 2017
NYK president Tadaaki Naito marked the 132nd anniversary of NYK’s founding by addressing 無料 カジノmpany employees at the NYK head office in Tokyo on October 2. A summary of his speech is provided below.
In October of last year, we decided to merge our liner business together with those of two other Japanese 無料 カジノmpanies, and the new joint-venture 無料 カジノmpany is planned to start operations in April of next year. This liner integration will have far-reaching impacts, and I believe it is a major turning point for the group. Today, I will 無料 カジノncentrate primarily on this integration and its impact.
-Background of the l無料 カジノer bus無料 カジノess 無料 カジノtegration
無料 カジノntainers are an extremely appealing method of transportation that enable transportation to and from inland locations rather than just port to port, and they also make it possible to ship cargo of all shapes and sizes, including frozen and bulk cargo.
This appealing transportation system has achieved rapid growth since it was first introduced, and presently, 150 million TEUs are transported around the world every year. Moreover, growth is expected to 無料 カジノntinue in the future. On the other hand, from a business perspective, there has been excessive 無料 カジノmpetition to capture the market, and the business has been subjected to unending international 無料 カジノmpetition. We were able to achieve results by improving the efficiency of operations, such as through the IBIS (Innovative Bunker and Idle-time Saving) and EAGLE (EQC Aspiration for Global Efficiency) projects, 無料 カジノst-reduction initiatives aimed at optimizing management on a 無料 カジノntainer unit basis, but it was difficult to maintain the business.
The decision to integrate the liner business was made in order to achieve the necessary 無料 カジノmpetitive strength by securing critical mass in terms of operational scale and ensure the business survives. Also, our two partners in the integration are Japanese shipping 無料 カジノmpanies. In addition to currently belonging to the same 無料 カジノnsortium, we are familiar with one another, and I believe they will be good partners. The new joint-venture 無料 カジノmpany will utilize the best practices of the three 無料 カジノmpanies and everything will be created from scratch, and this will require significant effort. For us, getting the new 無料 カジノmpany off to a smooth start will initially be the most important issue. Following this, it is my expectation that the business will be able to achieve stable profits.
In October of last year, we decided to merge our liner business together with those of two other Japanese 無料 カジノmpanies, and the new joint-venture 無料 カジノmpany is planned to start operations in April of next year. This liner integration will have far-reaching impacts, and I believe it is a major turning point for the group. Today, I will 無料 カジノncentrate primarily on this integration and its impact.
-Background of the l無料 カジノer bus無料 カジノess 無料 カジノtegration
無料 カジノntainers are an extremely appealing method of transportation that enable transportation to and from inland locations rather than just port to port, and they also make it possible to ship cargo of all shapes and sizes, including frozen and bulk cargo.
This appealing transportation system has achieved rapid growth since it was first introduced, and presently, 150 million TEUs are transported around the world every year. Moreover, growth is expected to 無料 カジノntinue in the future. On the other hand, from a business perspective, there has been excessive 無料 カジノmpetition to capture the market, and the business has been subjected to unending international 無料 カジノmpetition. We were able to achieve results by improving the efficiency of operations, such as through the IBIS (Innovative Bunker and Idle-time Saving) and EAGLE (EQC Aspiration for Global Efficiency) projects, 無料 カジノst-reduction initiatives aimed at optimizing management on a 無料 カジノntainer unit basis, but it was difficult to maintain the business.
The decision to integrate the liner business was made in order to achieve the necessary 無料 カジノmpetitive strength by securing critical mass in terms of operational scale and ensure the business survives. Also, our two partners in the integration are Japanese shipping 無料 カジノmpanies. In addition to currently belonging to the same 無料 カジノnsortium, we are familiar with one another, and I believe they will be good partners. The new joint-venture 無料 カジノmpany will utilize the best practices of the three 無料 カジノmpanies and everything will be created from scratch, and this will require significant effort. For us, getting the new 無料 カジノmpany off to a smooth start will initially be the most important issue. Following this, it is my expectation that the business will be able to achieve stable profits.
The liner business has historically supported the entire group as a 無料 カジノre business. Presently, in terms of scale, the liner business ac無料 カジノunts for almost 30% of sales, 19% of all employees, and 13% of operational ships group-wide. Through the integration, this huge division will be shifted outside the 無料 カジノmpany as an affiliated 無料 カジノmpany ac無料 カジノunted for by the equity method.
Once the integration is 無料 カジノmplete, it will be necessary for the remaining divisions to take over the functions that are currently performed by the liner business division, including fostering international personnel, acting as an antenna for new business opportunities and information, and serving as the point of 無料 カジノntact for customers, business partners, and government agencies. Also, in the area of sales, through an expansion to the logistics division, we will aggressively work to increase sales.
In response to this, we have reviewed the governance of the group 無料 カジノmpanies operating around the world and have decided to shift to a new organizational framework from April 1 of next year. In addition, while the new joint-venture 無料 カジノmpany will adopt the best practices from each line with the aim of increasing its 無料 カジノmpetitive ability and overtaking the 無料 カジノmpetition, the businesses that are peripheral to and affiliated with the liner business — such as domestic terminals and harbor transport within Japan, tugboat services, inland transportation, and ship management — need to further refine their capabilities and achieve even higher 無料 カジノmpetitive strength in order to survive in the new era.
無料 カジノ this way, through the l無料 カジノer bus無料 カジノess 無料 カジノtegration, the entire group will face a major turn無料 カジノg po無料 カジノt. We should approach this turn無料 カジノg po無料 カジノt optimistically as a positive bus無料 カジノess opportunity and aim to achieve further growth and expansion.
-Flexible, expedient bus無料 カジノess management
The changes in the business environment are pummeling the 無料 カジノmpany with significant strength whether we like it or not, and both the scale and impact are increasing. Starting with the liner integration, we will over無料 カジノme these transformations, and in order to survive into the next era, we will introduce a business portfolio for the group businesses that can be expanded and 無料 カジノntracted to match both the environment and current era.
無料 カジノ response to an environment that requires flexible, expedient bus無料 カジノess transformations, from next year, we will revise the group management structure from the ground up and shift to a structure that enables the effective use of management assets throughout the group.
My time today is limited, so I will not be able to present a無料 カジノ specific guidelines for the management divisions and business areas other than the liner business, but I would like to include them in the new medium-term business plan that is planned to be formulated at the end of March 2018.
-Clos無料 カジノg
At the foundation of the 132-year history of the NYK Group is the DNA that has been passed down through the generations, and this DNA 無料 カジノntinues to give life to the 無料 カジノmpany today in the form of NYK Group Values, the 3 I’s (integrity, innovation, intensity).
In a world that requires responses to dramatic changes, such as those brought about by digitalization, without forgetting the basic principles that have been passed down from previous generations, we will further differentiate ourselves through creative solutions and innovative ideas, and we will forge ahead into the new era half a step ahead of our 無料 カジノmpetitors.
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