press release

Congratulations on joining the company.
On behalf of all Fujikura Group Group Fujikura employee, I would like to extend a heartfelt welcome to you young and energetic people who will be responsible for Fujikura Group in the future.

This year marks the 137th year since our founding in 1885. Although we have faced many difficulties since then, we have responded to our customers' expectations and contributed to society. We divide the 137 years since our founding into 60-year periods, positioning them as our first founding, second founding, and third founding. Currently, in our third founding since 2005, we have set a long-term vision and are promoting further technological development and market development. With the rapidly changing social situation and external environment, if we are content with the success we had up until our second founding and do not work to create new business by uncovering the potential needs of our customers, we will lose our value as a company. Only those who can adapt to change will survive.

The company recorded its largest-ever loss of 38.5 billion yen in settlement of accounts March 2020. As a result, it has abandoned its five-year mid-term management plan, which ended in fiscal 2020, and has shifted its basic strategy to "focus on early business recovery," and is now working to get back on its feet.
As one of the major measures in business revitalization, we have implemented a fundamental overhaul of our management execution structure. Today, April 1, marks the start of this new management execution structure. With me at the helm, we will advance reforms under this new structure, steadily strengthen our profitability, and rebuild our profit base, and we are certain to overcome this difficult situation.
In order to overcome this difficult situation and transform into a sustainable company for the future, the cooperation of each and every Fujikura employee is essential. I tell all Fujikura employee to take "half a step forward." I want you to broaden your horizons, feel the changes firsthand, and hone your ability to adapt to change. If everyone Fujikura Group takes "half a step forward," it will become a very powerful force. As you become a member of Fujikura Group from today, you too will become a source of that power.

Please approach your work with awareness of yourself as a professional. If you approach your work as a professional and treat it as your own, you will develop a sense of responsibility, pride, and attachment. On top of that, devote yourself to your work, think things through, and boldly take on the challenge of "getting your ideas through." Your flexible, well-thought-out proposals will undoubtedly be a driving force for change, and what's more, the experience will surely lead to your own growth. Furthermore, your proactive proposals will generate lively communication. I believe that this communication will be a major driving force for change in the company.