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Message from President and CEO on MOL Foundation Day, “Heading for a Quantum Leap Forward in the Next Decade”
We are pleased to bring you a message from Mitsui O.S.K. Lines, Ltd. the new President & CEO Takeshi Hashimoto.
Today, as I take the helm from former President & CEO Junichiro Ikeda, I begin steering the management of the MOL Group, and I’m looking forward to working with you.
As we begin the fiscal year (FY) of 2021 with a new organization, I would like to look back at our recent history in 10-year periods. For 10 years in the 2000s, our group expanded its business and achieved significant growth thanks to the successful merger between former Mitsui O.S.K. Lines, Ltd. and Navix Line in 1999, and by catching the wave of rapid growth in emerging countries led by China. For 10 years in the 2010s, we suffered from the market’s downturn and deterioration in earnings contrasting to the robust growth of the previous decade, and we made structural reforms to our business to emphasize stable profits. And with the dawn of the 2020s, we are now standing on stage to pursue new growth. I can sense the enormity of my responsibility as well as the rewards we will reap as we set the MOL Group’s growth strategies for the next decade, under the circumstances as values change due to increasing environmental awareness, rapid advances in the IT industry, and other factors. Working closely with you, I will develop detailed strategies while always looking 10 years ahead, and take decisive actions.