Guided by its corporate philosophy of "Trustworthiness and Creativity," Nikon has continued to contribute to the development of society and culture. We recently announced our 4-year Medium-Term Management Plan spanning fiscal years 2022-2025.
In order to formulate this Medium-Term Management Plan, we first imagined our Vision 2030, set targets to be reached by 2025 to move toward achieving this, and then laid down measures to make it a reality. When we imagine society in 2030, there will be changes in people's values and outlook on life, changes in social environments, such as climate change and resource scarcity, and the continuation of technological innovations, such as the arrival of Industry 5.0. In the midst of such great change (a megashift), we believe that people will leave the labor required to live up to machines and humans and machines will co-create seamlessly in order to enable people to focus on more creative work for self-expression and consumption in the pursuit of value.
To meet the rapidly changing needs of the future, Nikon leverages opto-electronics and precision technologies which are its proven strengths, to reduce human labor and advance the automation and customization of manufacturing, while providing values to industry fields moving toward the realization of decarbonization and resource recycling. It also promotes advanced medicine and individualized treatment, as well as creating value in the "Quality of Life (QOL)" area, aiming to enrich the mind and achieve education utilizing digital technologies.
Nikon has three strengths: innovations in manufacturing technologies, proven capability and brand to deliver sophisticated solutions globally, and strong support from stakeholders. Taking advantage of these, we wanted to continue to provide new value to a global society where humans and machines co-create seamlessly in 2030, and so we formulated our Vision 2030 as "A key technology solutions company in a global society where humans and machines co-create seamlessly." In order to do this, we will accompany our customers and deeply align with customer needs, thereby aiming to be a supporter of customer innovation.
Nikon aims to firmly support the "a global society where humans and machines co-create seamlessly" that is scheduled to arrive in 2030. Through our core businesses, we contribute to the realization of a sustainable society while providing employees with opportunities to express themselves. We additionally aim for a future where Nikon meets the expectations of all stakeholders through business growth and improved corporate value.