CORPORATE PHILOSOPHY, PURPOSE,
MANAGEMENT POLICY, ACTION GUIDELINES
TO OUR SHAREHOLDERS
Confronting materiality to realize our purpose
Despite the ongoing uncertainty surrounding factors such as the prolonged impact of COVID-19 and global inflation, both the Machine Tools and Special Products segments performed well in 2022, achieving record highs in net sales as well as net income attributable to owners of the parent.
2023 is the second year of our First Medium-Term Management Plan, a roadmap for building a foundation for change over the three-year period from 2022 to 2024. Recognizing the need to further solidify our foundation, we will redouble efforts to bring about a sustainable society and enhance corporate value by putting into practice our corporate philosophy of the Company and employees growing together and contributing to society.
REVIEW OF OPERATIONS
-
Net sales ¥ 17,959
million
(Up 15.3% year on year)Operating income ¥ 3,754
million
(Up 64.5% year on year)Sales volume of
POS printers583
thousand units
-
Net sales ¥ 69,409
million
(Up 42.3% year on year)Operating income ¥ 12,249
million
(Up 78.6% year on year)Sales volume 5,043
units
SOLUTION CENTER
Equipped with a full range of functions, Star Micronics has established the Solution Center in Kikugawa City, Shizuoka Prefecture, for the purpose of providing before and after-sales services to users, collecting technical information, and strengthening marketing in the Machine Tools Segment.
In order to expand its solution capabilities globally, Star Micronics will open solution centers equipped with similar features at Star Micronics AG in Zurich, Switzerland and Shanghai Xingang Machinery Co., Ltd. in Shanghai, China to service the European and Asian markets, respectively. Plans are in place to employ each center as a core base for sales activities in each market.
SUSTAINABILITY
In formulating its Medium-Term Management Plan in February 2022, Star Micronics provided details of the Group’s Sustainability Policy. Under this Policy, the Star Micronics Group aims to help bring about a sustainable society and enhance corporate value by putting into practice the core concept of the Company and employees growing together and contributing to society. At the same time, Star Micronics identified specific material issues and targets from each of the environmental, social, and governance (ESG) perspectives.
-
ENVIRONMENT
- Addressing climate change by reducing
CO2 emissions - Creating environmentally friendly products
- Addressing climate change by reducing
-
SOCIETY
- Fostering and utilizing diverse human
resources
- Fostering and utilizing diverse human
-
CORPORATE
GOVERNANCE- More rigorous corporate governance
