On the first day of April 2023, we embarked on a significant transformation, adopting MITSUI E&S Co., Ltd. as our new corporate identity. This transformation marks our evolution into a business holding company, symbolizing a rebirth and a drive towards a fresh future.
Strategic AdvancementsOur integration of operations and management is a strategic move designed to accelerate the formulation and implementation of our group's strategies. This shift will enable us to swiftly adapt and evolve in response to the rapidly changing business landscape. During the fiscal year 2022, we successfully executed the "Mitsui E&S Group Business Revival Plan," targeting the dissolution of loss-making ventures and bolstering our financial foundation.
Proactive Business ReorientationRecognizing the dynamic shifts in our operational milieu, we proactively launched our Mid-Term Business Plan 2023 ahead of its original schedule. This adjustment included a pivotal refinement of our management philosophy, now primarily centered on engineering and services. Our intention is to broaden our business horizons to encompass product-related services, thereby ensuring a continual and stable revenue stream. The acronym E&S in our name stands for "Engineering & Services for Evolution & Sustainability," encapsulating our commitment to fostering societal development and sustainability through our engineering prowess and specialized services.
Continued Partnership and SupportWe profoundly value the unwavering support of our partners and stakeholders. Your continued faith in our endeavors is the cornerstone of our journey towards societal evolution and sustainability through innovative engineering and services.
