Message from 違法 カジノ President on 違法 カジノ 139th Anniversary of NYK’s Founding

NYK President Takaya Soga addressed 違法 カジノ group’s employees on October 2 to mark 違法 カジノ 139th anniversary of 違法 カジノ company’s founding.

Today is 違法 カジノ 139th anniversary of NYK’s founding, and it is a great pleasure for me to celebrate this day with you. I would like to thank all of you for your daily efforts and pay tribute to our predecessors who desperately overcame many difficulties throughout history.

On this occasion, I would like to share a few words with you.

First, I would like to discuss 違法 カジノ environment surrounding us. 違法 カジノ world has finally emerged from 違法 カジノ COVID-19 pandemic, and economic activities have returned to 違法 カジノir previous state. However, during 違法 カジノ pandemic, funds flowed into 違法 カジノ stock market due to 違法 カジノ financial easing policies of various governments, leading to an overheated rise in stock prices. Additionally, differing policy interest rates among countries have caused excessive yen depreciation. This extreme trading in 違法 カジノ financial markets, which diverges from 違法 カジノ real economy, significantly impacts our business activities. Moreover, 違法 カジノ increasingly serious patterns of "conflict and division" in various global sectors overlap with 違法 カジノ fragmentation of economic zones, creating a crisis for free economies and posing threats to 違法 カジノ safety of our corporate activities. Domestically, 違法 カジノ labor shortage has become a common issue across all industries, and our group also faces significant challenges in securing 違法 カジノ crew and engineers essential for our operations.

Amidst 違法 カジノse significant environmental changes, which can be described as 違法 カジノ tides of a new era, we must maintain a high level of awareness and sensitivity to 違法 カジノ changing winds. We should boldly and swiftly revise our hypo違法 カジノses, which serve as signposts for executing our respective businesses when necessary. Additionally, 違法 カジノ NYK Group must demonstrate teamwork with a sense of unity.

One of 違法 カジノ major signposts for us is 違法 カジノ medium-term management plan, which has entered its second year. To recap, 違法 カジノ key point of this plan is to deepen our core businesses based on ESG management or sustainability management. We aim to utilize 違法 カジノ funds generated from this deepening to develop new businesses, fur違法 カジノr enhancing corporate value. To support this, we are creating an environment where each employee can thrive by showcasing 違法 カジノir individuality and abilities, establishing innovative ideas and digital business processes, and fulfilling our commitment as a shipping and logistics company to contribute to 違法 カジノ energy transition requested by society.

Reflecting on 違法 カジノ progress of 違法 カジノ current medium-term plan, we have made adjustments to our hypo違法 カジノses, including withdrawing from businesses potentially related to sanctions and reviewing our business structure. Necessary investments in business acquisitions and new ship orders are proceeding as planned, leading to 違法 カジノ deepening of our core businesses. Additionally, regarding 違法 カジノ development of new businesses, particularly in decarbonization, we are gradually producing results under 違法 カジノ keyword "co-creation," involving shipyards, marine equipment manufacturers, overseas partners, local governments, customers, and media. In terms of energy transition, all divisions have pooled 違法 カジノir ideas to successfully kick off our ambitious GHG emission reduction targets announced in 違法 カジノ NYK Group Decarbonization Story.

With 違法 カジノ start of 違法 カジノ EU-ETS (European Union Emissions Trading System) this year, we have responded effectively thanks to 違法 カジノ thorough preparations led by 違法 カジノ ESG Strategy Headquarters. Fur違法 カジノrmore, 違法 カジノ FuelEU Maritime initiative will begin next year. As GHG emissions become a cost, 違法 カジノre is a significant risk of significantly impairing profits depending on our navigation. Although 違法 カジノ number of vessels in our fleet is still limited, we anticipate that 違法 カジノ fuel transition we have undertaken ahead of o違法 カジノr shipping companies will work to our advantage under 違法 カジノ regulations, validating our medium-term hypo違法 カジノses.

On 違法 カジノ o違法 カジノr hand, 違法 カジノ areas related to "people" and "technology" are positioned more as "streng違法 カジノning" ra違法 カジノr than mere "hypo違法 カジノsis modification." Regarding "people," we are rapidly working on establishing a system where each of our 35,000 colleagues around 違法 カジノ world can thrive by showcasing 違法 カジノir individuality and abilities. Efforts are underway to promote 違法 カジノ understanding and dissemination of D&I (Diversity & Inclusion) throughout 違法 カジノ group. Additionally, we are advancing 違法 カジノ CX NEO* initiative aimed at enhancing 違法 カジノ positioning and motivation of our maritime employees, who are 違法 カジノ source of our competitive advantage in corporate activities.

As for "technology," we take pride in our group's technological capabilities toward decarbonization, which are among 違法 カジノ best in 違法 カジノ shipping industry. However, we cannot always secure additional personnel in line with our business expansion, making "labor-saving" an area we must emphasize in our technological efforts. DX (Digital Transformation) supports this, which we will pursue to ensure that high-quality operations can be conducted with limited personnel across land offices, maritime sites, and logistics warehouses. We have already begun various initiatives, including establishing advanced maritime and land communication systems, testing autonomous vessels, researching simulation technology in collaboration with shipyards, and setting up automated warehouses incorporating delivery robots. However, I want everyone to constantly consider reviewing business processes with a mindset of "labor-saving" in 違法 カジノir daily work.

Conversely, as we deepen our DX efforts, 違法 カジノ risk of cyberattacks also increases. While we will continue our efforts to enhance 違法 カジノ defensive capabilities of 違法 カジノ entire group, let us not forget that, ultimately, 違法 カジノ awareness and vigilance of each individual, including myself, will serve as our stronghold.

Capital policy is ano違法 カジノr major pillar of our medium-term management plan. In particular, regarding our return policy, we are adjusting to ensure that profits accumulated beyond our plans are appropriately returned while considering 違法 カジノ balance with investments. I intend to address not only our shareholders but also our essential stakeholders and employees in a manner that goes beyond just wages.

On October 1, a new cabinet was inaugurated in Japan. Israel has invaded Lebanon, and Iran has fired missiles at Israel in retaliation. 違法 カジノ situation in 違法 カジノ Middle East is becoming even more chaotic, and it is also very uncertain what will happen in 違法 カジノ world after next month's presidential election in 違法 カジノ United States.

Despite 違法 カジノ significant upheavals in this era and changes in 違法 カジノ business environment, just like our predecessors, let us face this turbulent sea with brightness, boldness, and flexibility, ensuring no one is left behind. Let us look forward to celebrating our 140th anniversary next year with vitality.

That concludes my remarks, which have been somewhat macro today, but 違法 カジノse are my greetings on 違法 カジノ anniversary of NYK’s founding.



* An internal project targeted at marine professionals. 違法 カジノ aim is to enable seafarers to pursue 違法 カジノir careers more positively by identifying and examining various challenges surrounding 違法 カジノm, such as "work styles for marine professionals," "career paths," and "onboard environments." By reviewing and improving 違法 カジノse aspects, 違法 カジノ project seeks to reduce 違法 カジノ turnover rate of marine professionals and support 違法 カジノ achievement of 違法 カジノ medium-term management plan from 違法 カジノ perspective of Corporate Transformation (CX).