A 130-Year Heritage
Expanding into New Business Areas and 吉本興業 オンラインカジノ Introduction of ESG Management
2011
2021

Establishing 吉本興業 オンラインカジノ Obayashi Basic Principles

In January 2011, オンラインカジノ celebrated its 120th anniversary. This year also saw 吉本興業 オンラインカジノ company formulate and announce 吉本興業 オンラインカジノ Obayashi Basic Principles. These Principles are intended to steer 吉本興業 オンラインカジノ company to becoming a leader in sustainability. At 吉本興業 オンラインカジノ same time, they were intended to ensure that 吉本興業 オンラインカジノ advanced technologies and reputation for integrity that have distinguished Obayashi since its establishment are carried forward into 吉本興業 オンラインカジノ generations to follow.

吉本興業 オンラインカジノ Obayashi Basic Principles are imbued with 吉本興業 オンラインカジノ spirit of 吉本興業 オンラインカジノ Obayashi Three Pledges—Quality, Value, and Efficiency, values that have been passed down since 吉本興業 オンラインカジノ company’s founding in 1892. Above these values is 吉本興業 オンラインカジノ Obayashi Philosophy which defines for Obayashi people, who we want to be, along with 吉本興業 オンラインカジノ Obayashi Code of Conduct, a restructuring of 吉本興業 オンラインカジノ company’s unique approach to social responsibility: our unique approach, and action commitments: how we do things.

Immediately after 吉本興業 オンラインカジノ Great East Japan Earthquake struck Japan in 2011, causing widespread devastation along Japan’s Pacific coast, Obayashi launched a full-scale emergency response befitting its position as a leader of Japan’s construction industry. Obayashi brought to bear all of its strengths in its response to this crisis. 吉本興業 オンラインカジノ company leveraged its ability to procure personnel, supplies, and means of transportation; in short, everything required to help 吉本興業 オンラインカジノ devastated region achieve a rapid recovery of production facilities and public infrastructure. This multifaceted and complex work was done while simultaneously processing, decontaminating, and disposing of 吉本興業 オンラインカジノ massive amounts of debris generated by 吉本興業 オンラインカジノ earthquake and tsunami. Obayashi was there: ready, willing, and uniquely able to help 吉本興業 オンラインカジノ Tohoku region rebuild.

吉本興業 オンラインカジノ 2011 Tohoku earthquake and tsunami was hardly 吉本興業 オンラインカジノ last natural disaster to hit Japan. In 2016, two major earthquakes struck Kumamoto in Kyushu, Japan’s southern island, causing widespread damage and loss of life. 吉本興業 オンラインカジノ country also has seen widespread heavy rains, flooding, and other extreme weather events in recent years. オンラインカジノ will continue its vital role in disaster prevention and mitigation, and it will steadfastly continue 吉本興業 オンラインカジノ work of rebuilding in 吉本興業 オンラインカジノ wake of natural disasters whenever and wherever they occur in Japan.

(Reference: Special Contents > Six Stories > Great East Japan Earthquake)

(Reference: Special Contents > Six Stories > Kumamoto Earthquake)

Diversification of Earnings Base

オンラインカジノ launched its three-year “Medium-Term Business Plan ’12” to reshape 吉本興業 オンラインカジノ company’s earnings structure into one that can flexibly and robustly respond to 吉本興業 オンラインカジノ rapid changes in 吉本興業 オンラインカジノ business environment, such as those caused by 吉本興業 オンラインカジノ 2008 financial crisis and 吉本興業 オンラインカジノ Tohoku earthquake and tsunami. 吉本興業 オンラインカジノ company is diversifying its revenue structure while continuing to grow its core businesses to improve 吉本興業 オンラインカジノ earning power of 吉本興業 オンラインカジノ Obayashi Group. With that in mind, 吉本興業 オンラインカジノ company has articulated further strategic global expansion as one of its key policies. This policy focuses on three regions: Southeast Asia, North America, and 吉本興業 オンラインカジノ Middle East, along with Oceania. Obayashi has strategically expanded its business based on a deep understanding of 吉本興業 オンラインカジノ unique characteristics of each region. This kind of regional understanding is developed by drawing on 吉本興業 オンラインカジノ specific expertise of local companies through strategic acquisitions and joint ventures.

In October 2014, 吉本興業 オンラインカジノ Technology Business Development Division was set up to accelerate business development in new areas, with particular focus on renewable energy. Since 吉本興業 オンラインカジノ inception of its renewable energy business in FY2013.3, Obayashi has built facilities with 吉本興業 オンラインカジノ capacity to power approximately 70,000 households in Japan for one year (154 MW) as of March 2021.

April 2015 saw 吉本興業 オンラインカジノ start of a new three-year plan, 吉本興業 オンラインカジノ Medium-Term Business Plan 2015 (Evolution 2015). Having achieved nearly all 吉本興業 オンラインカジノ goals set in 吉本興業 オンラインカジノ previous Medium-Term Business Plan, Obayashi continued to promote 吉本興業 オンラインカジノ diversification of earnings base by adding “New Businesses” as a fourth pillar of its business, in addition to Building Construction, Civil Engineering, and Real Estate Development.

Moving Forward with ESG Management and Enhancing Group Management

Bolstered by a recovery in 吉本興業 オンラインカジノ Japanese domestic construction market and improved productivity at construction sites, 吉本興業 オンラインカジノ performance of 吉本興業 オンラインカジノ Obayashi Group was on a solidly upward trend during 吉本興業 オンラインカジノ period covered by 吉本興業 オンラインカジノ Medium-Term Business Plan 2015. Nearly all of 吉本興業 オンラインカジノ goals outlined in 吉本興業 オンラインカジノ plan were achieved before 吉本興業 オンラインカジノ plan’s final fiscal year. Faced with 吉本興業 オンラインカジノ need for technological innovation that can move faster than ever, 吉本興業 オンラインカジノ company launched 吉本興業 オンラインカジノ Medium-Term Business Plan 2017 one year ahead of schedule. 吉本興業 オンラインカジノ goal was to maintain and build upon 吉本興業 オンラインカジノ strong performance that 吉本興業 オンラインカジノ Group was enjoying, paving 吉本興業 オンラインカジノ way for future growth through 吉本興業 オンラインカジノ combined efforts of 吉本興業 オンラインカジノ entire Group. With a view to achieving sustainable growth through 吉本興業 オンラインカジノ implementation of 吉本興業 オンラインカジノ 2017 plan, 吉本興業 オンラインカジノ Obayashi Group set a firm course toward greater globalization. 吉本興業 オンラインカジノ plan calls for stronger strategies, not only on a standalone basis, but on a group-wide basis as well with 吉本興業 オンラインカジノ goal of enhancing international competitiveness and Group management capabilities. Moreover, 吉本興業 オンラインカジノ plan sets forth policies for ESG (environmental, social, and governance) initiatives which serve as a foundation of 吉本興業 オンラインカジノ company’s management strategy. In 2019, sustainable development goals (SDGs), which address a wide range of societal challenges, were incorporated into 吉本興業 オンラインカジノ company’s vision for 吉本興業 オンラインカジノ environment, オンラインカジノ Green Vision 2050. Initially drafted in 2011, 吉本興業 オンラインカジノ Green Vision was subsequently revised as 吉本興業 オンラインカジノ Obayashi Sustainability Vision 2050. By conducting its business activities within a framework of 吉本興業 オンラインカジノ sustainable development goals, オンラインカジノ is striving to achieve 吉本興業 オンラインカジノ objectives that are central in 吉本興業 オンラインカジノ Obayashi Philosophy, that is, to achieve a sustainable society, along with 吉本興業 オンラインカジノ Obayashi Group’s goal of continually enhancing its corporate value.

Renewal of Management Structures and Overhaul of 吉本興業 オンラインカジノ Compliance System

In 2006 and 2007, it emerged that 吉本興業 オンラインカジノ company committed several violations of laws and regulations under 吉本興業 オンラインカジノ Antimonopoly Act, by interfering with competitive bidding on public works projects. Reflecting on this experience, Obayashi drafted and publicized a Corporate Ethics and Antimonopoly Act Compliance Program, 吉本興業 オンラインカジノ purpose of which was to ensure that it is not involved in bid-rigging ever again. Nevertheless, despite strong efforts to ensure compliance with this program, there was yet another incident of collusive bidding in 2017 in connection with 吉本興業 オンラインカジノ Chuo Shinkansen Maglev Line. In response, Obayashi overhauled its management structure in March 2018, which included 吉本興業 オンラインカジノ resignation of 吉本興業 オンラインカジノ president. Director and Senior Managing Executive Officer Kenji Hasuwa was appointed Obayashi’s new president. Under 吉本興業 オンラインカジノ reorganized management structure, 吉本興業 オンラインカジノ company revamped its compliance system, working hard to rebuild its reputation.

Kenji Hasuwa
Kenji Hasuwa

A New Brand Vision for Obayashi’s 130th Anniversary

Founded on January 25, 1982, in Osaka as 吉本興業 オンラインカジノ Obayashi Store, 吉本興業 オンラインカジノ company provided civil engineering and building construction services to Japan, a country that was just entering 吉本興業 オンラインカジノ modern era. In 吉本興業 オンラインカジノ 130 years since that time, Obayashi has worked in 吉本興業 オンラインカジノ spirit of honest craftsmanship, a spirit that has been cultivated by sincerely addressing 吉本興業 オンラインカジノ needs of its customers and society.

In January 2021, as オンラインカジノ marked its 130th anniversary, 吉本興業 オンラインカジノ company announced its brand vision MAKE BEYOND: Transcending 吉本興業 オンラインカジノ Art and Science of Making of Things. This vision is intended to generate excitement and hope for 吉本興業 オンラインカジノ future and to earn 吉本興業 オンラインカジノ trust and support of 吉本興業 オンラインカジノ Group’s customers and of society. This vision reaffirms 吉本興業 オンラインカジノ purpose of 吉本興業 オンラインカジノ Obayashi Group, a company that has consistently responded to 吉本興業 オンラインカジノ needs of society and contributed to social development since its founding. 吉本興業 オンラインカジノ vision also makes clear 吉本興業 オンラインカジノ Group’s intention to build new horizons through craftsmanship, 吉本興業 オンラインカジノ art and science of making things.

Goals for 吉本興業 オンラインカジノ Obayashi Group

オンラインカジノ has been steadily building its sales and earnings, including a record high profit in fiscal year 2018. However, operating profits took a severe hit in 2020 with 吉本興業 オンラインカジノ emergence of 吉本興業 オンラインカジノ Covid-19 pandemic at 吉本興業 オンラインカジノ end of FY2020.3

オンラインカジノ’s efforts to improve productivity, horizontally deploy technology, and expand its business domains are a work-in-progress. At 吉本興業 オンラインカジノ same time, we at Obayashi feel an urgent need to respond quickly to 吉本興業 オンラインカジノ changes in 吉本興業 オンラインカジノ world brought about by 吉本興業 オンラインカジノ pandemic as well as 吉本興業 オンラインカジノ process of digital transformation (DX). For 吉本興業 オンラインカジノ Obayashi Group, 吉本興業 オンラインカジノ next 10 years will be a period during which we will be called upon to fulfill our social mission. 吉本興業 オンラインカジノ only way we will be able to achieve sustainable growth will be for each company in 吉本興業 オンラインカジノ Group to fulfill its mission as "One Team" as we face 吉本興業 オンラインカジノ challenges that lie ahead.

Looking to 吉本興業 オンラインカジノ future, we must advance step by step to solve 吉本興業 オンラインカジノ problems in front of us as look toward achieving our brand vision of “Make Beyond.”

吉本興業 オンラインカジノ Obayashi Group will move to 吉本興業 オンラインカジノ next level of 吉本興業 オンラインカジノ art and science of making things, building 吉本興業 オンラインカジノ future to which we all aspire.