2017_4q_omron_e
17/57 - Positioning of VG2.0
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00:15:15.3
I will start by explaining the backdrop to the new medium-term management plan. On the left-hand side of the slide, we highlight issues for society that are becoming increasingly acute, such as labor shortages, the aging of society, a rising incidence of traffic accidents and congestion, and accelerating global warming. These social issues already impact people’s lives globally and will have an even larger impact in the future. Omron attributes its growth to date to its focus on providing solutions for social issues through its businesses. In the face of such new social issues, Omron’s mission is to take on the challenge of finding solutions. Furthermore, technological innovation in areas such as AI, IoT and Robotics has been much faster than expected. Innovation in such fields is central to Omron’s dedication to ongoing technological innovation in Sensing & Control + Think. Simply put, we believe the increasingly acute social issues and the rapid pace of technological innovation represent significant business opportunities for Omron. In order to capture as much of this major opportunity as possible, we chose to review our business strategies from scratch, in formulating our new medium-term management plan. Next slide please.
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