1. On My Appointment to President
Thanks to the leadership of TANNOWA Tsutomu and the help of our many stakeholders – including yourselves – the Mitsui Chemicals Group has made it through a number of tough times so far.
These have included the global financial crisis, as well as the European sovereign debt crisis.
And we have been relentless in working toward portfolio reform with VISION 2025, our long-term business plan for 2025.
Plastic News – 29 May
Turning our eyes toward the world, we have used SDGs and ESG initiatives as keywords to help us respond to the rising calls for companies to bring about a sustainable society.
Our efforts here have focused on climate change, plastic waste, the circular economy and more.
And with the likes of digital technologies and biotechnologies touting rapid progress as well, the current environment is changing so much faster than what we had assumed when we first settled on VISION 2025.
Winners of Corona Crisis
Against this backdrop, I believe that my job here is to further speed up portfolio reform, providing a sturdy business portfolio as a base from which we can – as quickly as possible – realize a sustainable corporate group with a global presence.
Fiscal 2020 will be an opportunity for us to look back on VISION 2025 after first creating the plan five years ago. Considering the rapid change we see today, I believe that if we are going to explore means of how to carry ourselves as a business and organization while also managing perpetual growth, we should all discuss just what it is that the Mitsui Chemicals Group does and what it is that we are aiming for, then use that as a framework from which to redefine ourselves.
I would also like to work with you all to incorporate concrete policies free of traditional thinking, bolster the group’s overall ability to get things done and speed up efforts to realize our Corporate Target.
2. On Starting off Fiscal 2020
Considering the unstable, unpredictable environment we are seeing at the moment, it is expected going forward that the novel coronavirus will become a major downward force on the economy, having a larger effect than what we had imagined and posing a significant impact for the Mitsui Chemicals Group.
If we are going to weather this storm, I would like for you all to heed the following emergency measures for the time being.
- Strictly adhering to safe and stable operations
While I am sure it goes without saying, safe and stable operations are always indispensable for the Mitsui Chemicals Group.
In the middle of the difficult circumstances we are seeing at present, I would like to once again ask that our production, sales and research staff come together on this, with every employee going about their daily work with the recognition that safety is for all of your own sakes as well.
- Keeping resources available
Under these difficult circumstances, we need to be aware of and efficient with our resources – physical resources, human resources, money, information and goodwill – to ensure that they last.
And so to all those of you who are leaders at your various workplaces, I would like to ask you to prepare yourselves for unexpected situations.
Further, please work to cultivate an open organization that gathers information well and keep up the motivation of those working under you.
- Continuing to boldly strive for further heights as we try, learn and reflect
While the business environment surrounding the Mitsui Chemicals Group is expected to stay tough for some time yet, we are quietly going about preparing various measures to deal with things.
The successes and failures born of everybody’s efforts will help us learn in a way that bolsters the competitive strength of the Mitsui Chemicals Group.
Further, those times where things do not go as hoped are the most important times of all to accept the results of our efforts earnestly, learn from them to build up experience and knowledge, and then use this to persevere in striving for even higher goals and stronger capabilities.
As we head toward the goals of VISION 2025, we must not give up, deceive ourselves or run away. Instead, let us continue to push forward – resolutely and together.
President’s Message to New Employees of 2020 (Summary)
I would like to congratulate all new staff on joining Mitsui Chemicals. On behalf of the company, I warmly welcome you all.
Under normal circumstances, I would address you all in person at the initiation ceremony, but unfortunately the need to combat the spread of the novel coronavirus means that I have to speak to you online.
Many of you will have had your graduation ceremonies canceled.
Mitsui Chemicals has introduced teleworking, primarily for head office staff, along with other measures to restrict travel to and from our offices and plants.
Your training is one of the activities affected as a consequence.
With this pandemic looking set to affect the whole world for some time to come, the business environment surrounding our company is uncertain.
While today’s message is coming to you on video, I hope that I will have the opportunity to speak to you all face to face in due course, when the situation permits.
2. The Role of Mitsui Chemicals
First of all, I would like to tell you all about the role that we at Mitsui Chemicals should play.
Since embarking on our 2008 mid-term business plan, the Mitsui Chemicals Group has pursued a triple bottom line management approach that incorporates the perspectives of the environment and society in addition to the economy.
This shift was based on a keen awareness that we will be unable even to survive – let alone fulfill our mission – unless we, as a public entity of society, give serious thought to the question of sustainability, rather than follow the kind of market supremacist approach to management that focuses solely on increasing our own profits.
At the same time, we are seeing dramatic progress in such advanced fields as digital technology and biotechnology.
Society has great expectations of chemical manufacturers such as us, hoping that we will be able to address numerous social challenges, including climate change and the problem of plastic waste, and thereby achieve a circular economy and a sustainable society.
Terms such as SDGs and ESG must therefore be our watchwords.
Chemicals will have a bigger role than ever to play in combating major risks that appear out of nowhere, like the current scourge of the coronavirus.
I am confident that we have tremendous potential to meet these expectations.
As such, I want to work with all of you in considering how we can mobilize the Mitsui Chemicals Group’s huge potential and make a contribution as we negotiate the upheavals unfolding simultaneously on a global scale.
Today, I have three key messages for you as you take your first steps as working members of society.
3. My Key Messages to You
Safety is the top priority
- A company is a functional organization
My next key message to you is that a company is a functional organization, not a social club.
A company is a place where we pursue our objectives by mustering the combined strength of people with a diverse array of talents, operating under set rules.
It is a place where both you and our organization will grow through the reciprocal efforts of the company and of each and every one of you.
I would like you to take every opportunity to hone not only your specialist knowledge but also your own unique personal strengths.
I believe that it will take a group of strong individuals to create the new world of tomorrow.
- Growth comes from the cycle of try, learn, reflect
The third thing I want you to take away today is that you should pursue growth from repeatedly trying things, learning things and reflecting on what you have learned.
Learning does not stop once you leave formal education.
Unlike at school, there is no single right answer in the workplace.
That is why anyone can fail. But it is fine to fail.
I want you to try things, learn from your failures, reflect on them and keep taking on those challenges tenaciously time and again.
What awaits you as a result of that process will undoubtedly be both your own growth and that of the organization.
You should not feel hesitant about speaking up just because you are a new employee. Please voice your opinions openly.
Keep taking on challenges and making discoveries every single day so that you can develop outstanding insight, creative imagination and a powerful ability to get things done.
I have high hopes for your achievements and will be supporting you.