New field, new growth
Based on its opto-electronics and precision technologies, Nikon has been contributing to society and technological development through products such as FPD lithography systems, semiconductor lithography systems, microscopes and measuring instruments. At the same time, Nikon has established itself as a global brand through its Imaging Products Business, with its continued appeal to human sensibilities and contributions to cultural development.
In spring of 2019, in our Medium-Term Management Plan that will run until the year ending March 31, 2022, we set a goal of improving enterprise value by establishing a foundation for growth over the mid/long-term and achieving ROE of 8% or more.
Based on this policy, we continue to strive to improve the profitability of existing businesses while establishing new core pillars of profit.
In April of 2020, we newly established the Digital Solutions Business Unit to accelerate the launch of new business, with a focus on the Material Processing Business. Going forward, we aim to realize the commercialization and expansion of new businesses in growth areas, leveraging synergies resulting from alliances with companies both in Japan and abroad.
The business environment is becoming more challenging as COVID-19 affects businesses throughout the company. We are all determined to work together to overcome this difficult situation and establish a foundation for further growth.
Based on our corporate philosophy of "Trustworthiness and Creativity," we will continue to provide products and services that meet customers' needs and expectations. As we face the challenges of new fields in the precision and optics, we will continue to contribute to resolving various social issues and supporting the comfortable and fulfilling daily lives of people around the world.