Mitsui Engineering & Shipbuilding : Greetings from our President - New Year’s 2017 (Summary)
January 05, 2017 at 02:47 am
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The Mid-Term Business Plan 2017 set to begin from this year represents the first mid-term business plan in the long-term strategy to achieve the 2025 Vision, and will be succeeded by the mid-term business plan 2020 and mid-term business plan 2023.
In the new Mid-Term Business Plan, we will set our sights on the MES Group's desired vision of 'boosting profit margins and stabilizing earnings through the demonstration of the Group's collective strength' as we strive to make steady progress towards the 2025 Vision.
Strategic Pillar 1 Improving the added value of products and services
Keyword: Differentiation
Strategic Pillar 2 Restructuring Manufacturing and EPC (Engineering, Procurement and Construction)
Keyword: Cost Competitiveness
Strategic Pillar 3 Expanding and Improving Related Services
Keyword: Stable Earnings
To support these three strategic pillars, we will work to 'deepen Group management' through strategic utilization between Group companies and the effective utilization of human resources within the Group, and strive to 'deepen management foundations' through the stronger risk management and the selection and concentration of businesses in light of growth potential and return on investment.
MES - Mitsui Engineering & Shipbuilding Co. Ltd. published this content on 05 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 January 2017 02:47:10 UTC.
Original documenthttp://www.mes.co.jp/english/press/2017/20170105a.html
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Mitsui E&S Co Ltd, formerly Mitsui E&S Holdings Co Ltd, is primarily engaged in ship, marine development, machinery, and engineering businesses. The Company operates its business through four segments. The Ship segment provides ships, naval vessels, high-speed passenger ships, offshore structures, underwater equipment, design engineering services, ship-related equipment and machinery, and steel structures. The Marine Development segment provides floating offshore oil and gas production, storage, and offloading facilities. The Machinery segment provides marine and land-use diesel engines, marine equipment, gas engines, steam turbines, blowers, compressors, gas turbines, among others. The Engineering segment provides power generation projects and general overseas civil engineering and construction work. The Company also engages in land-based diesel power plant business, information and communication equipment business, system development business, gas-related engineering, among others.