Personnel, Technology and Confidence:
Taking Steps Forward Together
CEO Junichi Mito
Kyokuto Boeki Kaisha, Ltd. (“KBK”) has celebrated the 70th anniversary of the founding of the company. We are proud to have maintained momentum for growth through all these years. We are sincerely grateful for the kind support from our stakeholders.
KBK was established in 1947 amid the postwar turmoil. We have since faced numerous challenges such as the oil crisis, the collapse of the “bubble economy” and the financial crisis that followed the collapse of Lehman Brothers. We believe that the reason we were able to overcome the economic crises is because we have always kept in mind the company creed, “Personnel, Technology and Confidence”, as well as never ceasing to adhere to the management philosophy, “Essential technology for primary customers”.
“Essential business” varies according to the demand of the times. Today, the keyword is “environment”. Business related to natural energy is growing rapidly. The auto industry is making a big turn toward electronic vehicles (EV). Technologies such as AI and IoT are permeating our daily lives and are predicted to change people’s lifestyles dramatically. So what can KBK, as a technology company, do now? We think that “technology” is not just technology per se. Technology, in nature, includes “techniques” and “skills” as well. In an era which things continue to change with accelerated speed, we believe that our raison d’etre is not limited to providing technologies. Our enterprise value lies in our continuous effort, supported by “personnel” and “confidence” to offer technologies, techniques and skills to “primary customers” not only in Japan but around the world.
KBK has set “enhancement of business domain” and “increase in profitability” as basic strategies of the mid-term management plan “KBK 2016”. We have added four more policies as our growth strategy, which are “reinforcement of existing business”, “execution of new business and exploring opportunities for further investment”, “increasing profitability overseas” and “reinforcement of management capability of the KBK group as a whole“, in order to ensure business growth. Based on this plan, we are determined to fulfill our corporate mission.
For KBK, the 70th anniversary is a memorable milestone, but at the same time, it is just one of the stops of a long journey. We see ourselves taking steps forward for the next 10, 30 and 50 years together with our stakeholders. The journey will continue eternally.
We will go on with the sense of responsibility to contribute to the safety and prosperity of our country, as well as to society and to the environment, kept in the heart of every one of our employees.
We would appreciate your further support for our efforts.