27 December 2024
My Gratitude for This Year
With only a few days left in 2024, I’d like to take this opportunity to reflect on this year.
Over the past twelve months we witnessed difficulties in the form of increased political and geopolitical tensions in certain parts of the world, as well as economic growth in China and Europe at a standstill. Despite these circumstances, however, our company's business in automotive wire harnesses has performed well, and thanks to growing demand for renewable energy-related products such as power cables and data center-related products for artificial intelligence, we have achieved record highs in sales, operating profit, and ordinary profit in our interim financial results. Accordingly, we have announced an upward revision to our forecast for the full fiscal year.
Looking ahead, Fiscal Year 2025 will be an important year for us, as it marks the conclusion of our Mid-term Management Plan 2025 and the Expo 2025 in Osaka, Kansai will be held at last. Drastic changes in our business environment are expected to continue, but we will work together as a group to contribute to the realization of a better society through our practice of “Goho-Yoshi” or Five-Way Win (multistakeholder capitalism).
We wish you all a happy new year and look forward to your continued support in the coming year.
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