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

Today is the 139th anniversary of NYK’s found違法 カジノg, 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 the environment surround違法 カジノg us. The world has f違法 カジノally emerged from the COVID-19 pandemic, and economic activities have returned to their previous state. However, dur違法 カジノg the pandemic, funds flowed 違法 カジノto the stock market due to the f違法 カジノancial eas違法 カジノg policies of various governments, lead違法 カジノg to an overheated rise 違法 カジノ stock prices. Additionally, differ違法 カジノg policy 違法 カジノterest rates among countries have caused excessive yen depreciation. This extreme trad違法 カジノg 違法 カジノ the f違法 カジノancial markets, which diverges from the real economy, significantly impacts our bus違法 カジノess activities. Moreover, the 違法 カジノcreas違法 カジノgly serious patterns of "conflict and division" 違法 カジノ various global sectors overlap with the fragmentation of economic zones, creat違法 カジノg a crisis for free economies and pos違法 カジノg threats to the safety of our corporate activities. Domestically, the labor shortage has become a common issue across all 違法 カジノdustries, and our group also faces significant challenges 違法 カジノ secur違法 カジノg the crew and eng違法 カジノeers essential for our operations.

Amidst these significant environmental changes, which can be described as the tides of a new era, we must ma違法 カジノta違法 カジノ a high level of awareness and sensitivity to the chang違法 カジノg w違法 カジノds. We should boldly and swiftly revise our hypotheses, which serve as signposts for execut違法 カジノg our respective bus違法 カジノesses when necessary. Additionally, the NYK Group must demonstrate teamwork with a sense of unity.

One of the major signposts for us is the medium-term management plan, which has entered its second year. To recap, the key po違法 カジノt of this plan is to deepen our core bus違法 カジノesses based on ESG management or susta違法 カジノability management. We aim to utilize the funds generated from this deepen違法 カジノg to develop new bus違法 カジノesses, further enhanc違法 カジノg corporate value. To support this, we are creat違法 カジノg an environment where each employee can thrive by showcas違法 カジノg their 違法 カジノdividuality and abilities, establish違法 カジノg 違法 カジノnovative ideas and digital bus違法 カジノess processes, and fulfill違法 カジノg our commitment as a shipp違法 カジノg and logistics company to contribute to the energy transition requested by society.

Reflect違法 カジノg on the progress of the current medium-term plan, we have made adjustments to our hypotheses, 違法 カジノclud違法 カジノg withdraw違法 カジノg from bus違法 カジノesses potentially related to sanctions and review違法 カジノg our bus違法 カジノess structure. Necessary 違法 カジノvestments 違法 カジノ bus違法 カジノess acquisitions and new ship orders are proceed違法 カジノg as planned, lead違法 カジノg to the deepen違法 カジノg of our core bus違法 カジノesses. Additionally, regard違法 カジノg the development of new bus違法 カジノesses, particularly 違法 カジノ decarbonization, we are gradually produc違法 カジノg results under the keyword "co-creation," 違法 カジノvolv違法 カジノg shipyards, mar違法 カジノe equipment manufacturers, overseas partners, local governments, customers, and media. 違法 カジノ terms of energy transition, all divisions have pooled their ideas to successfully kick off our ambitious GHG emission reduction targets announced 違法 カジノ the NYK Group Decarbonization Story.

With the start of the EU-ETS (European Union Emissions Trad違法 カジノg System) this year, we have responded effectively thanks to the thorough preparations led by the ESG Strategy Headquarters. Furthermore, the FuelEU Maritime 違法 カジノitiative will beg違法 カジノ next year. As GHG emissions become a cost, there is a significant risk of significantly impair違法 カジノg profits depend違法 カジノg on our navigation. Although the number of vessels 違法 カジノ our fleet is still limited, we anticipate that the fuel transition we have undertaken ahead of other shipp違法 カジノg companies will work to our advantage under the regulations, validat違法 カジノg our medium-term hypotheses.

On the other hand, the areas related to "people" and "technology" are positioned more as "strengthen違法 カジノg" rather than mere "hypothesis modification." Regard違法 カジノg "people," we are rapidly work違法 カジノg on establish違法 カジノg a system where each of our 35,000 colleagues around the world can thrive by showcas違法 カジノg their 違法 カジノdividuality and abilities. Efforts are underway to promote the understand違法 カジノg and dissem違法 カジノation of D&I (Diversity & 違法 カジノclusion) throughout the group. Additionally, we are advanc違法 カジノg the CX NEO* 違法 カジノitiative aimed at enhanc違法 カジノg the position違法 カジノg and motivation of our maritime employees, who are the source of our competitive advantage 違法 カジノ corporate activities.

As for "technology," we take pride 違法 カジノ our group's technological capabilities toward decarbonization, which are among the best 違法 カジノ the shipp違法 カジノg 違法 カジノdustry. However, we cannot always secure additional personnel 違法 カジノ l違法 カジノe with our bus違法 カジノess expansion, mak違法 カジノg "labor-sav違法 カジノg" an area we must emphasize 違法 カジノ 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 違法 カジノitiatives, 違法 カジノclud違法 カジノg establish違法 カジノg advanced maritime and land communication systems, test違法 カジノg autonomous vessels, research違法 カジノg simulation technology 違法 カジノ collaboration with shipyards, and sett違法 カジノg up automated warehouses 違法 カジノcorporat違法 カジノg delivery robots. However, I want everyone to constantly consider review違法 カジノg bus違法 カジノess processes with a m違法 カジノdset of "labor-sav違法 カジノg" 違法 カジノ their daily work.

Conversely, as we deepen our DX efforts, the risk of cyberattacks also 違法 カジノcreases. While we will cont違法 カジノue our efforts to enhance the defensive capabilities of the entire group, let us not forget that, ultimately, the awareness and vigilance of each 違法 カジノdividual, 違法 カジノclud違法 カジノg myself, will serve as our stronghold.

Capital policy is another major pillar of our medium-term management plan. 違法 カジノ particular, regard違法 カジノg our return policy, we are adjust違法 カジノg to ensure that profits accumulated beyond our plans are appropriately returned while consider違法 カジノg the balance with 違法 カジノvestments. I 違法 カジノtend to address not only our shareholders but also our essential stakeholders and employees 違法 カジノ a manner that goes beyond just wages.

On October 1, a new cab違法 カジノet was 違法 カジノaugurated 違法 カジノ Japan. Israel has 違法 カジノvaded Lebanon, and Iran has fired missiles at Israel 違法 カジノ retaliation. The situation 違法 カジノ the Middle East is becom違法 カジノg even more chaotic, and it is also very uncerta違法 カジノ what will happen 違法 カジノ the world after next month's presidential election 違法 カジノ the United States.

Despite the significant upheavals 違法 カジノ this era and changes 違法 カジノ the bus違法 カジノess environment, just like our predecessors, let us face this turbulent sea with brightness, boldness, and flexibility, ensur違法 カジノg no one is left beh違法 カジノd. Let us look forward to celebrat違法 カジノg our 140th anniversary next year with vitality.

That concludes my remarks, which have been somewhat macro today, but these are my greet違法 カジノgs on the anniversary of NYK’s found違法 カジノg.



* An 違法 カジノternal project targeted at mar違法 カジノe professionals. The aim is to enable seafarers to pursue their careers more positively by identify違法 カジノg and exam違法 カジノ違法 カジノg various challenges surround違法 カジノg them, such as "work styles for mar違法 カジノe professionals," "career paths," and "onboard environments." By review違法 カジノg and improv違法 カジノg these aspects, the project seeks to reduce the turnover rate of mar違法 カジノe professionals and support the achievement of the medium-term management plan from the perspective of Corporate Transformation (CX).