On behalf of the EBARA Group, I would like to extend our sincere condolences to anyone who has lost loved ones to COVID-19 or have fallen victim to this virus. I also express our appreciation for the essential workers around the world who perform tasks that are indispensable to our daily lives.
The EBARA Group provides essential social infrastructure, supporting industry and life around the world. To fulfill the social responsibility this entails, we are continuing our business activities while placing the safety of our employees and other stakeholders as our top priority.
Masao Asami President and Representative Executive Officer
Since our establishment as a pump manufacturer in 1912, EBARA Group has been supporting the improvement of society and the global environment by expanding our business to address the changing needs of society and contributing to the development of a wide range of liquid and gas transportation technologies necessary for industry and life all over the world.
In relatively unstable and difficult to read circumstances, we have a responsibility to indicate our vision, policies and strategies for the future, and we have done so within “E-Vision 2030.” A key message of the long-term vision is “Technology. Passion. Support our globe,” and we aim to further our contributions toward the SDGs through the pursuit of solutions to our identified material issues to contribute to the creation of a sustainable society, while simultaneously increasing the social/environmental value and economic value we generate. We believe this will earn us greater corporate value and recognition as an excellent global company.
The Medium-term Management Plan: E-Plan 2022, was created by reviewing and clarifying issues that remained from the previous medium-term management plan, in addition to back casting of the kinds of issues we must face to achieve our Long-term Vision: E-Vision 2030.
For more details about E-Vision 2030 and E-Plan 2020, please refer to the following documents:
In the first year of E-Plan 2022, we faced situations that we had not anticipated at the beginning of the plan, such as negative economic growth in various countries due to the impact of COVID-19. However, as a result of implementing measures in line with E-Plan 2022 in each business segment, we believe that we have made a good start. The key performance indicator ROIC was 6.6%, and operating income to sales ratio was 7.2%, exceeding the initial plan and the previous year’s results.