Value Creation Process

In 2020, ShinMaywa Industries 
 celebrated the 100th anniversary of our founding.

We reviewed our Management philosophy upon clarifying what we will carry on and what we will change towards the next 100 years, and established a Long-term vision with 2030 as the target year.
We will continue to meet the needs of global society by contributing to the advancement of social infrastructure as we have in the past, through continuous technological innovation.

Sustainable Development Goals (SDGs)

The ShinMaywa Group aims to contribute to the achievement of the Sustainable Development Goals (SDGs) through its business activities.

Value creation process toward 2030

Demographic changes

  • Low birthrate, aging population, and shrinking workforce
  • Decline in growth potential due to population aging
  • Growing global population and a shift in growing regions

Progress of climate change initiatives

  • Rising environmental and energy costs
  • Shift away from fossil fuels toward renewable energy
  • Increase in natural disasters and growing demand for resilient infrastructure

Rising geopolitical risk

  • Escalating conflicts due to friction between nations
  • Increasing complexity and difficulty of commodity procurement
  • Changes in transportation demand and rising costs due to supply chain restructuring

Transformation of social structure and lifestyle

    • Concentration of population in urban areas and depopulation of rural areas
    • Growing importance of CX and UX*
    • A fair society that is inclusive of diversity and respects human rights
    • Diversification of work style and work values, and realization of well-being
    • Borderless collaboration and co-creation
  1. *CX:customer experience, UX:user experience

Technology evolution

  • Transformation of social structure through implementation and expansion of digital technology
  • Increase in cybersecurity risks
  • Advances in technology to achieve carbon neutrality

Financial capital

Determination of cash allocation in accordance with the medium-term management plan

  • Total assets: 226,907 million yen
  • Equity ratio: 43.5%
  • Net D/E ratio: 0.30 times

Human capital

Shift from human resource management to human resource value enhancement

  • Number of employees (consolidated): 5,932
  • Japan: 5,293, Overseas: 639

Manufacturing capital

Advanced manufacturing know-how and production technology 
to meet individual customer specifications/high-mix low-volume production

  • Manufacturing bases: 17 in Japan, 10 overseas
  • Number of employees with in-house certification of skill proficiency: 95
  • Capital investment: 4,465 million yen

Intellectual capital

Create new value
 by appropriately integrating technologies and know-how cultivated 
through various businesses with cutting-edge external technologies

  • Number of rights held (patents, utility models, and designs): 1,278
  • Research and development expenses: 2,476 million yen

Social and relational capital

Over 100 years of experience since founding
 in supporting people’s daily lives and social infrastructure 
through technology, products, and services, 
as well as trust and a strong supply chain based on this experience

  • Consolidated subsidiaries: 30 companies
  • Procurement partners: Approximately 2,500 companies

Natural capital

Contribution to global warming prevention and a recycling-based society

  • Energy consumption in crude oil equivalent: 17,373 kl
  • Waste generated: 6,560 t
    (Of which, recycled: 6,497 t)
  • Water consumed: 315.6 km3 (1,000m3)

Medium-term management plan


Economic value (FY2030 target level)

  • Net sales
    400 billion yen or more
  • Overseas sales
    100 billion yen or more
  • ROE 12% or more
  • ROIC 10% or more

Social value

Key issues (materiality)
Envrionment Preventing global warming
Contributing to a recycling-based society
Society Promotion of diversity and inclusion
Establishing comfortable workplace environments
Governance Enhancing corporate governance systems
Establishing and strengthening risk management systems

Value provided to stakeholders

  • Customers
  • Employees
  • Business Partners
  • Shareholders
  • Local communities and Society

The ShinMaywa Group’s Strengths

Over 100 years of experience since founding in supporting people’s daily lives
 and social infrastructure through technology, products, and services,
 as well as trust based on this experience