In the 20th century, Japanese manufacturers have accomplished world-class labor productivity which had become the basis of their global competitiveness.
However, as Japanese industry has since matured, we believe corporate management's next theme should be the evolution of capital efficiency, currently one of the worst in the developed world.
Our goal is to help "shift the curve" toward the global standard to help Japan regain its global competitiveness in the 21st century.
If Japan can regain its global competitiveness, we are confident that Japanese equity markets can offer long-term, sustainable returns for global investors.
Once that is achieved, the weakened household and fiscal balance sheet of Japan can be strengthened with the potential to become a positive role model for the developed world.
Our corporate principles are based on supporting this positive cycle through "Japan Constructivism".