In recent times, as social conditions become more uncertain, it is necessary to build a solid foundation for the next era. Additionally, the automotive industry, which occupies a large part of our business, is facing a major transformation towards electrification. In such a context, we aim to become a "company that brightens the entire global environment" by focusing on strengthening our internal combustion business and our management foundation, while also dedicating efforts to creating new businesses based on assets we have cultivated such as ceramics.

The guiding principles for these endeavors are the four shared values of "Shisei-Shinjitsu", "Dokuritsu-Jiei", "Shikai-Keitei", and "Soshi-Kantetsu", encompassed in the philosophical system of "The Niterra Way". In executing the new medium-term management plan, we intend to contribute to solving social issues and to realizing a sustainable society by acting in accordance with these values.

We sincerely appreciate your continued, generous support of the Niterra Group.

we need to bring about change that is not simply an extension of the past