Message from the President
Creating a Future Full of Smiles
The year 2020 was a year in which common sense, values, and ways of working, and living that had been taken for granted changed dramatically due to the spread of the COVID-19 pandemic. The pandemic also had a significant impact on society and the economy. We at SII were affected in many ways, but we were also convinced of new risks and business opportunities.
Against this backdrop, the role that companies should play in resolving social issues such as climate change, resource circulation, and human rights is becoming increasingly important, and companies are required to manage their businesses in a sustainable manner.
In terms of environmental issues, there is no end in sight to the need to deal with climate change, and the Japanese government has made major moves toward carbon neutrality. SII has been working on energy conservation at manufacturing sites, including energy-saving activities close to people’s daily lives, and has also been creating products with excellent energy-saving performance by using the technologies of Craftsmanship, Miniaturization, and Efficiency cultivated over the years.
In the future, we want to accelerate the introduction of renewable energies in addition to our existing activities. We have already introduced renewable energy at our manufacturing site in Thailand, which has the largest amount of CO2 emissions in the SII Group, and we will promote its introduction at all of our sites both within and outside Japan in order to help realize a decarbonized society.
With the COVID-19 pandemic, the supply chain was disrupted due to overseas lockdowns and other factors, making it difficult to obtain parts and materials—a fatal risk for manufacturers. SII also has a global supply chain, and thus we were also greatly affected by delays in procurement from overseas, which reaffirmed the importance of the supply chain.
Looking at the entire supply chain, another major risk is human rights. Human rights legislation is being enacted in many countries, and companies are required to take measures including supply chain measures. We will continue to work on human rights issues together with our partners and suppliers to ensure that we do not unintentionally contribute to human rights violations.
For a company to achieve sustainable management, it is essential for each employee to have an awareness of social issues and the ability to take action to resolve them. In order to make this happen, it is a prerequisite that every employee is healthy both mentally and physically, can choose a work style that suits their lifestyles, and can spend their time with a smile. As the person in charge of management, I will make every effort to ensure that our employees can work with a smile. We will also provide products and services that bring smiles to the faces of our stakeholders, and create a future overflowing with smiles.
Seiko Instruments Inc.