Basic Management Policies
(1) Fundamental management policy
Open up a new era and become a company that is trusted by all the people so that we will be able to create an enriched society in which environment and comfort are harmonized.
We thought we would need to review the contents of previous mid-term management plan that began in the fiscal year 2017 and was supposed to be completed in the fiscal year 2020. As a result, we have developed our new mid-term management plan to resolve our management challenges so that ‘we will be able to strengthen our management foundation as soon as possible, change our business structure for future growth, and increase our corporate value’.
The plan is called SCOPE 2023 because the plan defines the basic stance for accomplishing its goals, while placing importance on the scope of activities and business domains up to the end of the plan in March 2024. The plan’s name also expresses its role as a key strategy for accomplishing our goals.
We believe that our highest priorities for achieving sustained growth of the Sanden Group are carrying through further structural reforms, improving profitability, growing our business, and reconstructing our financial foundation, including an increase in equity.
Based on these issues, we will engage in the 5 key activities to achieve the mid-term goals. The Sanden group will steadily execute this mid-term plan and create new corporate value with the motto of “Open up a new era and become a company that is trusted by all the people so that we will be able to create an enriched society in which environment and comfort are harmonized” as our ‘ideal structure’.