Creating Social Value Through Core Technologies

Materiality 1

Reason for Priority

Companies are considered public institutions and have a responsibility to contribute to the sustainable development of society through transparent and fair business activities.
Moreover, in recent years, amidst the emergence of social issues of global importance, companies are required to innovate in ways that will transform social systems and lifestyles, and to contribute to solving these issues through their businesses.

Nikon's Approach

Imagine society in 2030, it is likely that not only will people's values, lifestyles, and outlooks on life shift, but so too will social frameworks on topics like climate change and resource scarcity shift. Furthermore, there will likely be an accelerated shift in technologies, such as with the advent of Industry 5.0. In the midst of this mega-shift, we believe that people will focus more on creative, self-fulfilling work and value-driven consumption, and that there will be greater co-creation between humans and machines.
In April 2022, Nikon announced a new Medium-Term Management Plan in which its Vision 2030 (for the year 2030) is to become a key technology solutions company in a global society where humans and machines co-create seamlessly. Over its 100 years of history, Nikon has cultivated ultra-precise Monodzukuri (manufacturing) capabilities, eminently present in its lithography systems. It has also cultivated a brand that has popularized digital cameras worldwide and greater trust among its stakeholders. Leveraging these strengths, we will provide solutions closely tied to customer experience value and the generation of innovation, and expand possibilities for people in a world where humans and machines co-create more seamlessly. We will also contribute to the realization of a prosperous and sustainable society by providing innovative value that will help address societal and industrial challenges, including those presented in the SDGs.

Goal

Vision A Key Technology Solutions Company in a Global Society Where Humans and Machines Co- Create Seamlessly
Strategy Expansion of growth drivers, services and components
Indicator: Goal (achievement year)
  • Growth drivers as a percentage of consolidated operating profit: 40% or more (FY2030)
  • Services and components as a percentage of consolidated operating profit: 50% or more (FY2030)

Contributing to Society Through Business Activities

The Nikon Group aspires to be a company that contributes to the sustainable development of society through the creativity of new value through its businesses based on its Corporate Philosophy of Trustworthiness and Creativity.
In April 2022, Nikon announced a Medium-Term Management Plan with sustainability strategy as one of its management foundations.
Under this plan, our Vision 2030 is to become a key technology solutions company in a global society where humans and machines co-create seamlessly.
In a world where humans and machines co-create more seamlessly, we will use these efforts to contribute to the achievement of the SDGs and the realization of a sustainable society, especially in the areas of safety and work environment, decarbonization, circular systems for resources, health, and enriched spirit.

Vision 2030: A Key Technology Solutions Company in a Global Society Where Humans and Machines Co-Create Seamlessly / Sustainable Society: Healthy Environment, Comfortable Society, Mental and Physical Well-Being / Areas Where Nikon Contributes: Safety and Work Environment (Reduce human work/automate and customize), Decarbonization, Circular Systems for Resources, Health (More precise and individualized treatment), Enriched Spirit (Education x Digital) / Contribute to Society through Creativity / Materiality 1: Creating Social Value Through Core Technologies / Expand Possibilities for People Industry [Factory][Energy] / Make Lives Better Quality of Life [Healthcare][Life & Entertainment]

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Areas and Businesses of Contribution in the Medium-Term Management Plan

In its Medium-Term Management Plan, Nikon aims to use its Components, Digital Manufacturing, and Precision Equipment businesses to provide value in the area of Industry. Likewise, we aim to use our Imaging Products and Healthcare businesses to provide value in the Quality of Life area. In this context, we aim to contribute to a sustainable society and grow our own company by focusing on five areas, with the delivery of integrated solutions, including finished products, services, and components as growth drivers.

Areas and Businesses Where Nikon Provides Value

Value Provision Areas / Focus Areas / Business Activity / Industry: Factory, Energy / Precision Equipment, Components, Digital Manufacturing / Quality of Life: Life & Entertainment, Healthcare / Imaging, Healthcare

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Contributions Through Business Activities

Areas Where Nikon Contributes / Precision Equipment, Components, Digital Manufacturing, Imaging, Healthcare Areas Where Nikon Contributes / Precision Equipment, Components, Digital Manufacturing, Imaging, Healthcare
Safety and Work Environment (Reduce human work/ automate and customize)
  • Contribute to work environments and public transportation infrastructure through sensing, imaging and displays, etc.
  • Contribute to urban planning and resilient social infrastructure with image analysis and optical telecommunications technology
  • Contribute to space industry and technology by providing satellite modules, etc.
Decarbonization
  • Increase energy efficiency in society with additive and fine processing using optics
  • Enhance manufacturing efficiency in robots with sophisticated hands and eyes and device manufacturing processes
  • Contribute to a society where people connect transcending time and space and real and virtual leveraging image production technologies
  • Contribute to a healthy global environment with longer lasting light sources and more durability in our products
Circular Systems for Resources
  • Reduce the burden of waste and promote re-use among our customers through turbine repairs and ultra-precision processing, controls and measurement, etc.
  • Aim to achieve a recycling society by strengthening equipment re-use and refurbished systems sales
  • Leverage digitalization to help reduce needs
Health (More precise medicine and individualized treatment)
  • Reduce the burden on doctors and patients and support drug discovery with early and high-precision evaluation of ailments
  • Achieve regenerative medicine for everyone with Contract Cell Manufacturing solutions
  • Support medicine with high-precision robot modules
Enriched Spirit (Education x Digital)
  • Contribute to rich and creative visual expression and culture with imaging equipment and 3D and 4D technology, etc.
  • Leverage cameras, microscopes and telescopes to stimulate interest in outer space and the natural sciences and contribute to
  • Education and training that transcends time and space and real and virtual

Research and Development (R&D)

The Nikon Technology Strategy Committee, chaired by the president, utilizes analyses of macro social issue trends to analyze business environments and study and evaluate markets, developing new areas where Nikon should focus efforts.

Open Innovation

Investment Support Through Open Innovation

18 Venture companies / 13 Venture capital companies
  • *As of May 31, 2023

Nikon has adopted open innovation, which actively utilizes external resources, as a means of accelerating the development of new products and services and the launch of businesses that will lead to solutions for expanding and intensifying social issues.

Sustainability Report

For more information, refer to Creating Social Value through Core Technologies in the Sustainability Report.

Nikon’s Social Value Creation

  • Contributing to Society Through Business Activities
  • Research and Development (R&D)
  • Open Innovation
  • Digital Transformation (DX)
  • Value Provided Through Business Activities