We would like to express our appreciation for your continued support and patronage.

Under the 9th Mid-term Management Plan, which started in April 2021, SANYO DENKI Group aims to build a “leading global brand” as a global company by creating new things and new ways of doing things in unprecedented ways with the theme of “Breaking the Shell.” In this third year, we continue to expand our global design and development system as well as sales system.

In the first half of fiscal 2023, while the difficulties we experienced procuring parts and materials until fiscal 2022 were mostly resolved, we faced a difficult business environment due to sluggish demand in the telecommunication and semiconductor fields and the slowdown in China’s market recovery.

In the sales division, in our efforts to secure orders, we have been working to strengthen our competitiveness through the development of new markets and the expansion of cooperation using the resources of the Group. Regarding production activities, we have made progress in strengthening our global production system. For example, construction of a new factory, Building 4, is well underway at SANYO DENKI PHILIPPINES, INC., with the aim of full-scale operation in April 2024, and we have established a new stepping motor assembly factory at SANYO DENKI EUROPE S.A. in France.

We have also stepped up our initiatives toward the SDGs across the Group in our aim to achieve a sustainable society.

In addition, in the belief that enabling our employees to work energetically and demonstrate their abilities to the fullest that will lead to the medium- to long-term growth of a company, we are also proactively engaging in health and productivity management. In March 2023, the Group was named in the “White 500,” the top 500 organizations selected under the 2023 Certified Health & Productivity Management Outstanding Organizations Recognition Program, which recognizes companies with an outstanding record in health and productivity management from a business perspective. We are promoting activities across the Group that will both promote employees’ health and make contributions to society.

We look forward to your continued support.