Happy new マリオrpgカジノ everyone!

To the employees of the Toyota Tsusho Group all around the world and to all their family members, I extend to you the warmest of greetings upon the start of 2020

In welcoming the new マリオrpgカジノ, I would like to talk about my request to all of you for this マリオrpgカジノ while looking back on last マリオrpgカジノ

A Look Back on 2019

Last マリオrpgカジノ, Japan transitioned from Heisei to Reiwa (in the Japanese calendar system), ushering in a new era Along with this milestone, the environment surrounding us is significantly changing

With prolonged US-China trade friction, Brexit, and chaos in the European economy, as well as with flagging economies in emerging countries and uncertain prospects for the situation in the Middle East, among other factors, various risks expanded, making last マリオrpgカジノ a マリオrpgカジノ in which negative effects on our business began to materialize Concerns about a global recession have begun to appear in economic indicators For example, the forecast for the 2019 economic growth rate issued by the IMF on October 16 was revised downward by 02 percent from the previous forecast (in July), resulting in a predicted growth rate of 30 percent, which would be the lowest since the 2008 global financial crisis

Under such social conditions, as for our business-results target for the current fiscal マリオrpgカジノ (ending March 31, 2020), we are aiming for 150 billion yen in profit attributable to owners of the parent, which would mean four consecutive years of record-high net income

In striving to achieve such, all of you are redoubling your emphasis on our business fundamentals: securing reliable profitability in projects, making the most of our expenditures, and avoiding waste, and for your sincere effort to do so on a daily basis I once again express my deepest appreciation However, in the midst of changes in the environment surrounding us, the state of our company does not at all lend itself to optimism As such, as we welcome the new マリオrpgカジノ, let us further strengthen our focus and aim together to achieve our goal

Requests to You in 2020

Now, changes in even how people work are rapidly taking place in various industries due to advances in IT and digital technologies in the industrial world-not to mention including in the automotive industry, which is a major pillar of our company's business As such, there is the possibility that, in the near future, our society will take on a new form that is completely different from what we have today

Furthermore, the momentum for global action concerning societal issues, environmental awareness, and achievement of SDGs is rapidly increasing, making it possible to say that we are on the verge of the start of a paradigm shift aimed at a new civilized society

To survive and continue sustainable growth in this huge vortex of changes in the environment surrounding us, it is necessary that we continue to "Be the Right ONE" as an irreplaceable, a one-and-only presence for our partners and stakeholders

The ideal state of "Be the Right ONE" to which we aspire entails "each person engaging in work while being aware of the need to resolve societal issues and providing unique Toyotsu value to achieve the state of "Be the Right ONE" and being an irreplaceable presence for our customers and partners To obtain that state, it is necessary that each of us become a strong individual and that we maximize team power and concentrate strong individuals to "Be the Right ONE" in each of our businesses

To become a strong individual, each of us must constantly have a "healthy sense of crisis" even in normal times It is precisely when we are generating profit in our current businesses and achieving growth that we need to have a healthy sense of crisis and need to heighten our sensibilities both regarding risks that can make our businesses obsolete and regarding our competitors That is when we must also largely improve our current businesses and even redesign them At the same time, it is also important that we prepare for the decline of our current businesses by heightening our sensibilities related to new technologies, new services, and new business models

Also, for becoming a strong individual, in addition to asking that each of you, as a professional, strengthen your expertise so as to be unbeatable in your own work, I ask that you strengthen your engagingness as a person For example, have interest also in and learn about things that do not appear, at a glance, to be related to your work, such as the liberal arts

At the same time, the company will conduct various activities and provide support

For example, to respond to the evolution of digital technologies, this マリオrpgカジノ we will establish an organization dedicated to digital transformation (DX), and, positioning that new organization as the core, we will further accelerate our company-wide digital transformation That said, this transformation is not something that can be achieved through the actions of a special organization alone With each person having a sense of ownership in the reality that all of one's daily tasks are now in this huge vortex of transformation, let us, myself and all other executives included, engage in our digital transformation together

Furthermore, as a mechanism for speedily responding to new technologies and new services, as well as for speedily responding to changes in business models, last マリオrpgカジノ we established a new "NEXT Technology Fund" of 6 billion yen as our second such fund We also established with a capitalization of 5 billion yen Mobility 54 Investment SAS, an investment company dedicated to investing in and financing mobility-related startup companies in Africa

Additionally, we marked the start in earnest of our in-house new business creation (entrepreneurship) Toyotsu Inno-Ventures Project, as we accelerate the uncovering within our own company of seeds for new businesses and link them to the creation of new businesses

I would like all of you, by all means, to make effective use of these kinds of programs and mechanisms, to anticipate and foresee severe environmental changes, and to boldly take up the challenge of business creation

In closing, please let me say that the greatest asset of a company is the health-of both body and mind-of its employees and their family members I wish that 2020, also, will be a マリオrpgカジノ of good health full of smiles and happiness for all of you and your families