Message from the President
The COVID-19 pandemic had a huge impact worldwide. The automotive industry, too, faced a temporary crisis soon after the outbreak, but production swiftly restarted. This helped G-TEKT to quickly restore earnings.
In recent years, the automotive industry has been at a major turning point given the introduction of CASE, or connected, autonomous driving, shared, and electric vehicles. At the same time, the COVID-19 pandemic has sped up the world’s response to climate change, with the Japanese government, too, making a declaration for carbon neutrality. G-TEKT has set the goal of becoming a carbon neutral company in FY 2050. With the rapid spread of EVs within the broader trend of CASE, this turning point is bringing us opportunities to grow our business.
G-TEKT’s vision is to shape a better future for people and automobiles through the fusion of passion and innovation. Our mission as a company is to help resolve environmental and social issues through our business. Among the Sustainable Development Goals (SDGs) adopted by the United Nations, the core focus for our business is to reduce the weight of auto bodies to lower the environmental impact by making EVs lighter and increasing fuel efficiency. In addition, we will contribute to a safer society through more rigid auto bodies that protect passengers and minimize injuries to pedestrians.
The COVID-19 pandemic has significantly changed social values and people’s behavior. This impels companies to transform and to adapt to the “new normal.” Based on a sound financial position and a broad customer base, we will utilize digital technology to expand our business domains and realize transformation in all fields. Toward this end, we are actively hiring outside talent and developing human resources inhouse. We aim to become a resilient company that can adapt to any social change and overcome turbulent times.
Thanks to your support, at G-TEKT, we celebrated our 10th anniversary on April 1. Although a challenging business environment continues, I will lead the company with a sense of urgency and decisively move ahead with reforms. I ask for your continued support as we move forward.