The reason for our existence is represented in offering technology services through social infrastructure development. For this contribution to society, we receive compensation and our presence is acknowledged. The company's motto"Creativity for public investment"shows our universal role and our commitment to you.
In the meantime, our surrounding market of social capital development has been changing year after year. First of all, the flexible fiscal policy of the Abe administration, namely the second arrow, has quieted down and brought back the overall volume of the market to where it used to be a few years ago. Secondly, the direction of the market is also gradually changing, as witnessed in the management capabilities for the massive amount of degraded social capital stock, and for chronic catastrophes that are growing in size. On top of that, we have to deal with the nationwide social problem of a declining population. We are certain that construction consultancy companies like ours must modify and upgrade technology services in a way corresponding to the drastic changes in the social situation.
Under the circumstances mentioned above, we continue working on the three key business fields: stock management, disaster prevention/reduction, and consultancy for realizing a low-carbon society.
As part of our management business, we also continue the electric power business, industry-academia cooperation, and public-private partnerships to become a company that goes beyond the existing category of construction consultancy. In particular, we will strive to accumulate better knowledge and insights in research on guerilla-type heavy rain prediction with Kobe University and research on bridge deterioration with Kyoto University, with both fully underway. The Tokyo region will be added to our business area so that we will be able respond to the great needs in infrastructure development and deterioration measures.
A recovery of the Japanese economy is desired in the midst of a declining population. We will try our best so that we can take a role in making a strong leap forward in the regional economies that support this recovery, and offer better services to our customers.
Again, we are grateful for your support of"A new future we create with you."
Tomoaki Ichimori, President
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