President's Message

People's lives are becoming more prosperous as the global economy develops and the world becomes more borderless. Meanwhile, the stability of our daily lives as well as of economies and markets is being significantly affected by climate change, resource depletion, economic disparity, poverty, human rights issues, and other risks and societal issues on a global scale, such as infectious diseases (pandemics) and geopolitical issues, so that the future looks uncertain.

In this world of such uncertainty, our capabilities in Observation, Measurement, and Analysis—which are our strengths—produce data from measurement and analysis that is vitally needed in society. We expect those needs to continue growing. We will visualize what we can not see. We will make it understandable. Proper understanding is the starting point for solving social issues. With our business making advantageous use of our strengths, solving customer and social problems and developing and continuously strengthening the ability to respond to these changes in society are essential for the company to achieve sustainable growth and also for society as a whole to achieve sustainability.

Our Group has identified five areas of materiality in light of the Sustainable Development Goals (SDGs), which serve as common rules for the international community and as targets to be achieved. With them we are clarifying what kinds of societal issues we should direct our efforts toward resolving, and how we can best be of use in the world, by making advantageous use of the Group's business characteristics and business models to respond to demands from society. For example, we are working to provide environmentally-conscious products and services as well as solutions that will reduce the environmental impact of customers and undertaking within the company itself business activities that take energy- and resource-saving and reduction of environmental impact into consideration, thereby contributing to a sustainable global environment. In addition, we take action throughout the value chain for the sustainable development of science and industry through our initiatives in the medical, water and food, and public infrastructure fields to support healthy, safe, and secure lifestyles as well as research and development, higher productivity at production sites, and improved product quality by customers and partners. Sustainability 2030 is the clear statement of our stance of working from societal issues as a starting point for value creation. The 2024 Mid-Term Management Plan is a plan for directions for the Group to pursue over these three years, formulated by back-casting from our vision for what we want the Group to be in 2030. We seek to solve social issues through our Observation, Measurement, and Analysis capabilities, contributing to the sustainable development of industry, society, and the environment and continuing to grow sustainably as a business enterprise while remaining a corporation that is needed by society in the future.