Anchored to the founding spirit of the Company, “Passion with Sincerity,” as its unchanging values, the Daio Paper Group will continue to contribute to realizing a sustainable society through its business activities.
In 2016, the Daio Paper Group, in an effort to transform into a new Daio Paper, established a new management philosophy, “Shaping an Abundant and Affable Future for the World,” that further expands on the core principle of the founder Isekichi Ikawa, “Passion with sincerity leads to greatness.” Anchored to its founding spirit, “Passion with Sincerity,” as its unchanging value, Daio Paper positions the management philosophy as the credo that is the foundation of the Company for the realization of enriched, comfortable lifestyles, or “abundant and affable future,” around the world.
Taking a look at the business environment of the papermaking industry, a major structural shift is occurring in domestic demand for paper, such as newsprint and printing paper. While demand for graphic paper is decreasing, demand for paperboard and paper used for packing and wrapping is expanding globally, driven by the growth of the ecommerce market. In addition, demand for baby disposable diapers, etc. is expected to decline in Japan due to declining birthrate and aging population. On the other hand, emerging markets with fast-growing economies, such as other Asian countries, will rapidly increase in importance.
With a view to such changes in the demand structure and in effort to create “an abundant and affable future” for the world, the Daio Paper Group has proactively promoted a change in business structure and global business expansion
through its previous Medium-Term Business Plans. With the launch of the Third Medium-Term Business Plan this fiscal year, Daio Paper set down the “Vision of the Daio Paper Group” and announced its long-term outlook for the Group 10 years into the future. We aim to develop into a highly profitable company and “shape an abundant and affable future” through our business activities.
The Daio Paper Group’s business activities which are guided by its basic principle of “selling the products we have manufactured with our own efforts” have led to its competitive advantages. The Daio Paper Group strives to further strengthen its competitive advantages and work on a radical structural reform and global business expansion. We see it as our mission to realize a sustainable and recycling-oriented society through the reduction of environmental load and coexistence with local communities, in effort to be a company that ensures a safe and secure workplace for its employees around the world and trusted by all stakeholders, including local residents and business partners. The Daio Paper Group will pursue a management strategy that places emphasis on ESG (environmental, social, and governance) factors and enhance its corporate value sustainably in harmony with society.
President and CEO