We are a general gas company with a reputation of more than 80 years of technological innovation and business expansion. Our business is what is known as "industrial gas", but our field of endeavor is extensive and constantly growing. If we were to liken it to a single tree, we would say we have grown with the times by having gas technology as our roots, our industrial, medical, chemical and lifestyle sectors as our broadly spreading branches, and a diverse range of peripheral technologies and services as our leaves.
Dear Shareholders
The earthquake has been a catalyst which is forcing Japan's economy and society to undergo significant transformation, and it is expected that the lifestyle of the average Japanese citizen will also inevitably change. I believe that it is extremely important for the sake of Japan's future to perceive these changes in a constructive way. And in order that Air Water can contribute to this change, we will advance even greater operational restructuring aimed at driving growth.
Air Water started “NEXT-2020 Ver.1”, a Mid term Business Plan (FY2010-2012) in April 2010.
It is especially in times of severe change when Air Water's "All-Weather Management System" and "Order Rodentia Style of Business" show their strength. By responding actively and agilely to changes in the market environment, Air Water is securely underway with the second year of its "NEXT-2020 Ver.1" mid-term business plan and is safely on track to accomplish the goals of this three year business plan.
I am convinced that accomplishing the "Vision for 1 trillion yen company" can only be achieved via more thorough implementation of the two business models mentioned earlier. The Air Water Group will continue to contribute to both industry and people's daily lives through its business and, in line with its managing principles, strive for greater heights while establishing and developing business that is concerned with the planet as a whole.
It is my hope that as we strive towards these goals, we will be able to continue to count on your warm support and understanding.
Hiroshi Aoki
Chairman of the Board,
Chief Executive Officer
