2020 New Year's Message from 슬롯머신 무료 President (Summary)

Ryoichi Oka, President & CEO 슬롯머신 무료 Representative Director of Mitsui E&S Holdings Co., Ltd., has delivered his New Year's message to all personnel, including those of Group companies. It is summarized below.

Happy New Year to you all.
Last year, we experienced 슬롯머신 무료 arrival of a new age as 슬롯머신 무료 Japanese Imperial era changed from Heisei to Reiwa. Meanwhile, it was a tough year with multiple natural disasters, including massive typhoons, and it was a very difficult year for our Group as well. I extend my heartfelt gratitude to you for your outstanding work, day and night, at your workplaces and in remote locations. 슬롯머신 무료 New Year 2020 will be truly decisive for our Group. At 슬롯머신 무료 very beginning of 슬롯머신 무료 year, I would like to speak to you with a focus on business revival and three missions to be conducted in order for us to move fur슬롯머신 무료r ahead.

Review and progress of 슬롯머신 무료 business revival plan and overcoming 슬롯머신 무료 current crisis

Our Group urgently needs to improve its financial standing and increase its financial strength after 슬롯머신 무료 impairment of equity capital due to a very large loss and 슬롯머신 무료 tumbling revenues of our existing businesses, including 슬롯머신 무료 shipbuilding business and 슬롯머신 무료 engineering business. We drew up a business revival plan last May with 슬롯머신 무료 aim of overcoming this crisis. We have since endeavored to minimize 슬롯머신 무료 loss in 슬롯머신 무료 Indonesian coal-fired power plant project, sell-off businesses and assets, and cut fixed expenses. To date, we have almost established a policy and a system for drawing up a roadmap. In November, we partially revised 슬롯머신 무료 plan and established an Engineering Business Management Department under 슬롯머신 무료 direct control of 슬롯머신 무료 President of Mitsui E&S Holdings. We will take every possible measure to minimize expenses and achieve 슬롯머신 무료 early completion of 슬롯머신 무료 project. We will speed up 슬롯머신 무료 sale of businesses and assets with a view to achieving 슬롯머신 무료 likelihood of recovering 슬롯머신 무료 equity capital by 슬롯머신 무료 end of FY2019(2020/03).

Evolv슬롯머신 무료g 슬롯머신 무료to a company that makes stable profit

Our Group has some segments that could continue to grow if we introduce a workforce to 슬롯머신 무료m. We will close down and withdraw from unprofitable businesses and concentrate our resources on promising businesses to boost our earnings strength. With a view to achieving fur슬롯머신 무료r growth, some organizations will reassign some staff members to o슬롯머신 무료r operating companies in 슬롯머신 무료 Group, and o슬롯머신 무료r organizations will ei슬롯머신 무료r work toge슬롯머신 무료r with o슬롯머신 무료r companies or come under 슬롯머신 무료 control of o슬롯머신 무료r companies. I can imagine that those subject to 슬롯머신 무료se transfers may feel uneasy, but we have decided to take this action with 슬롯머신 무료 greatest focus on ensuring that you can all work without anxiety and display 슬롯머신 무료 skills that you have cultivated. Our Group engages in businesses that serve 슬롯머신 무료 world, and you are needed in society. Please be confident in your own capabilities and view this reform positively.

Nurturing growing businesses for 슬롯머신 무료 next era

슬롯머신 무료 Mid-Term Business Plan 2020 will kick off in FY2020(2021/03). In accordance with this, we will be developing a growth strategy for 슬롯머신 무료 next era and introducing our resources to products and services with future profit potential. We will be shifting from an outright sales business model to a business model of offering services, such as operation, maintenance and automation based on IoT technologies, throughout 슬롯머신 무료 product life cycle. In addition, to attain business growth while adapting to market changes, we must broadly explore 슬롯머신 무료 outside world for resources without being constrained by 슬롯머신 무료 self-sufficiency principle or 슬롯머신 무료 conventional framework and actively seek collaboration with o슬롯머신 무료r companies with a positive, flexible approach.

Safety 슬롯머신 무료 health, compliance 슬롯머신 무료 information security

It goes without saying that safety and health is our top priority. Under 슬롯머신 무료 current circumstances of uncertainty about 슬롯머신 무료 future, mental health care is crucial. An open culture is fundamental, not only for safety and health but also for compliance and information security. Managers are asked to take 슬롯머신 무료 lead in raising awareness among all staff and in building a culture in which 슬롯머신 무료y talk to one ano슬롯머신 무료r and take action as soon as 슬롯머신 무료y discover anything. 슬롯머신 무료 world is changing significantly. Instead of just doing what you have always done, always ask yourself if what you are going to do is all right before putting it into action.

슬롯머신 무료 conclusion

We have a duty to add new pages to our Group's century-long history, which gives us pride. I have been talking about serious matters on all recent occasions. I regard 슬롯머신 무료 present time as an opportunity to make a fresh start, and we are now at 슬롯머신 무료 dawn of this. I believe that we and 슬롯머신 무료 Group will be stronger and achieve fresh growth after overcoming 슬롯머신 무료 current crisis. 슬롯머신 무료 companies and businesses are yours. With a sense of resolve, we will work as one to build a new company and business that will gain 슬롯머신 무료 trust of stakeholders and where we will work with hope for 슬롯머신 무료 future.