Firstly, I wish to express my sincere gratitude to all our stakeholders for their continuing support and commitment for our business activities.
Although COVID -19 has transformed our business environment, including a sharp decline in crude oil and gas prices, we continue to focus on the successful execution of on-going projects whilst strengthening our risk management structure and improving our project support and governance systems. We have also consolidated our financial base by increasing capital through a third-party allotment.
Our aim is to transform our business portfolio and establish a stable profit structure through increased use of digital innovation technologies to further improve our EPC execution capabilities, capturing the global trend towards a decarbonized society, expanding new energy and pharmaceutical/life science fields and accelerating the challenges of “redefining engineering values”.
By integrating our sustainability and annual reports (including consolidated financial statements), we have published the “CHIYODA REPORT 2020” which presents our business strategy and its implementation and outlines our Environment, Social and Governance (ESG) initiatives. We encourage all stakeholders to continue our open dialogue to raise our corporate value and achieve sustainable growth together.
All Group executives and employees are committed as ‘one team’ to making Chiyoda the world's foremost integrated engineering service company and we sincerely appreciate the continuing invaluable support of all our stakeholders.
Chairman of the Board, CEO, CWO