Continually Developing Beneficial Products
I assumed the office of president and representative director of GLORY LTD. in April 2019.
Founded in 1918, GLORY LTD. has just celebrated its 100th anniversary. We inherit the founder’s philosophy of "continuously striving to benefit people by creating products that have never been seen before" and will achieve further growth and progress.
Since its founding, Glory has responded to the trends of the times through innovation and consistently manufacturing products that society needs. Despite the dramatic evolution of the environment surrounding us, times of change always present business opportunities. We must take on new challenges to cope with such changes as the diversification of payment methods, emerging technologies such as AI and IoT, and the growing automatization needs amid a labor shortage. We have demonstrated innovation in currency processing and providing solutions and products that meet the needs of customers. We will endeavor to realize our Long-Term Vision 2028, which states "We enable a confident world," by deepening our existing businesses while embarking into new fields and creating fresh value through open innovation.
Focusing on Creating New Businesses Domains
We have positioned our 2020 Medium-Term Management Plan as a period of preparation for realizing the Long-Term Vision 2028 we set forth in April 2018. The plan focuses on creating new businesses by advancing the core technologies we have developed and promoting open innovation while evolving our cash handling business. We identified the establishment of the personal identification and authentication business as a new domain. We expect it to contribute to a more secure society with greater convenience in everyday lives by realizing highly accurate, secure personal identification and authentication through the fusion of our facial recognition technology and the speech recognition technology of FueTrek Co., Ltd., which became our capital and business alliance partner in 2018.
Toward the Creation of a Sustainable Society
Solutions for social concerns such as human rights and environmental protection have become increasingly urgent. The movement to address these issues has been expressed worldwide as sustainable development goals (SDGs), adopted by the United Nations in 2015. As an international corporate group, we will seriously face these issues and promote environmental, social and governance (ESG) investment through our business operations, including our supply chain, to contribute to the achievement of the SDGs.
We will continue to promote management based on our corporate philosophy, earn the trust of our stakeholders, and strive to be a corporate group that contributes to the realization of a sustainable society.
President, GLORY LTD.