In light of OMRON窶冱 fundamental purpose and the changes in society toward the year 2030, OMRON launched a new long-term vision, "Shaping the Future 2030 (SF2030)," in fiscal 2022. SF2030 expresses OMRON窶冱 desire for all OMRON employees to put the OMRON Principles into practice as they work together with stakeholders to create a sustainable society by applying OMRON窶冱 core technologies, "Sensing & Control + Think."
At OMRON, we view the coming decade, in which existing social issues will become more pressing and new ones will arise, as a great opportunity to create new markets and businesses. Under SF2030, in order to seize this opportunity certainly, we have identified three priority change factors: "the aging of population," "climate change," and "increasing economic disparities among individuals." Based on these three change factors, we have identified three social issues that OMRON should address, namely, "achievement of carbon neutrality," "realization of a digital society," and "extension of healthy life expectancies." We selected these three issues in view of their huge impact on society and from the perspective of leveraging OMRON窶冱 strengths in automation, our customer assets, and business assets.
Social Issues | ||||
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Achievement of carbon neutrality | Realization of a digital society | Extension of healthy life expectancies | ||
Domains | Industrial Automation | Contribute to the "advancement of manufacturing that will support a sustainable society" | ||
Healthcare Solutions |
Contribute to the "achievement of 窶六ero Events窶 for cardiovascular diseases" |
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Social Solutions |
Contribute to "the spread and efficient use of renewable energy and the sustainability of the infrastructure supporting a digital society" |
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Device & Module Solutions | Contribute to the "spread of new energy and high-speed communications" |
Under SF2030, our aim is to maximize corporate value by creating social value and economic value through business. To this end, we identified material sustainability issues for the first time under the long-term vision. We will continue to maximize corporate value by integrating business and sustainability to create both social value and economic value.
Under SF 1st Stage, leveraging its intangible assets and management capital such as 窶徂uman resources窶 and 窶彿ntellectual capital,窶 OMRON will continue innovation and creation of products and services through the business creation process based on the OMRON Principles and the SINIC Theory and pursue Material Sustainability Issues, thereby creating social value that contributes to establishment of an autonomous society and leads to sustainable enhancement of corporate value. We will continue to expand and create social value by increasing management capital to create innovation driven by social needs.
We introduce OMRON's story where each employee autonomously takes action with a strong determination to solve new social challenges arising from changing times. They continuously create social value by utilizing their ideas and individuality to realize OMRON's mission, "To improve lives and contribute to a better society."
Under a partnership initiated in 2020, OMRON is working with JMDC Inc. on data-driven solutions to social issues. Hidetaka Ishihara, Managing Executive Officer, Senior General Manager of Data Solution Business HQ and Senior General Manager of Innovation Exploring Initiative HQ is joined by JMDC Representative Director, President and CEO Ryo Noguchi to discuss expectations and prospects for this collaboration, including the transformation of business models combining OMRON窶冱 four business companies and JMDC窶冱 solutions.
Society is changing rapidly with the emergence of generative AI. How can we make sense of the current popularization of AI? And what will humans need to navigate the future that awaits us? OMRON SINIC X (OSX)窶冱 Yoshitaka Ushiku is joined by Keio University Professor Satoshi Kurihara, who is also President of The Japanese Society for Artificial Intelligence and an Outside Director of OSX, for an inspiring conversation, informed by the latest research, about a future in which AI permeates deeply into the fabric of our society.
OMRON HEALTHCARE Corporation, which is responsible for the healthcare business of the OMRON Group, has started operation of a new production line and office for "energy productivity improvement" at its Matsusaka Plant (Matsusaka-shi, Mie Prefecture), a domestic production site for blood pressure monitors and thermometers, in April 2023.
OMRON窶冱 Outside Director Izumi Kobayashi held a discussion with Masahiko Tomita, the new Chief Human Resource Officer (CHRO) as of this past April, on the necessity of Diversity & Inclusion (D&I), issues and effective initiatives with regard to promoting D&I and empowering women. Ms. Kobayashi, an expert in business management and international knowledge, provides valuable insights drawing on her experience from having assumed top positions at various international organizations, including President of Merrill Lynch Japan Securities Co., Ltd. (now BofA Securities Japan Co., Ltd.) and Executive Vice President of Multilateral Investment Guarantee Agency at the World Bank Group.