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
- *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
Main input capital
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
| 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
in each item by tapping
You can see your strengths.
1Planning and marketing
- High market share of core products
- Ability to gather information from government agencies and industry associations through connections made doing business with them
- Understanding market information and customer issues by conducting business activities together with customers
2Research, development and design
- Design capabilities to meet individual customer specifications and complex related regulations
- Technological development capabilities to optimally integrate core technologies with external advanced technologies
- Technology, knowledge, and know-how accumulated over many years of business activities
3 Procurement and manufacturing
- Procurement network and production process to meet customer-specific specifications and high-mix low-volume production
- Supply chain for product and material distribution, adapted to the business continuity plan (BCP) (17 domestic and 10 overseas production bases, approx. 2,500 procurement partners)
- Certification of proficient technicians with extensive experience, knowledge, and advanced skills (95 employees certified under the in-house certification system)
4Customer acquisition and sales
- Ability to propose products and services that meet customer needs
- Domestic sales bases located close to customers
- Global sales and service network (17 overseas subsidiaries in China, South Korea, and other parts of Asia, and in North America, etc.)
5 Maintenance and service
- In-house maintenance/service capabilities (including domestic and foreign subsidiaries)
- Provision of advanced maintenance technology in collaboration with design departments (failure diagnosis, preventive maintenance, and service life extension, etc.)
- Domestic and overseas service bases covering all customers (approximately 800 bases including affiliated service stations, etc.)
6Core technology
- Technology to construct mechanical structures through precise material processing and molding, and to precisely control these structures using hydraulic, pneumatic, and electric power
- Number of rights held (patents, utility models, and designs): 1,278 (as of March 31, 2023)
- Hydraulic equipment control
- Design and control of precision mechanisms
- Artificial intelligence (AI; object detection/image classification/anomaly detection)
- Fluid analysis
- Structural/mechanical analysis
- Lightweight design
- High-efficiency design
- Vacuum thin film coating
- Seismic function design
- Heavy load transfer control
- Information and communication technology (ICT)
- Image processing
- Safety design (mechanical/control)
- Plant design/operation
- Aircraft control
- Aircraft Maintenance
- Can manufacturing (cutting/forming/welding)
- Composite molding process
- Precision machining/assembly
- Surface treatment
- Coating
- Ultrasonic flaw detection
7 Human resources
- The spirit of challenge and an enterprising approach that have led to the development of product groups with high market shares in many niche markets since the Company’s founding
- Diligence, a sense of mission, and loyalty ingrained in the corporate culture
- Putting the “ShinMaywa Group Philosophy” into practice and demonstrating the abilities of each individual to pioneer the future