Effective
April
1,
2007,
I
have
taken
over
the
reigns
as
President
at
Taisei
Corporation.
Although
Japan's
economy
is
enjoying
the
longest
expansion
in
its
history,
the
construction
industry
nevertheless
faces
a
difficult
and
unprecedented
business
environment.
With
this
in
mind,
I
am
taking
on
this
challenge
to
steer
the
'Taisei
Maru'
ship,
with
its
roughly
100,000
employees
(including
sub-contractors)
on
board.
I
am
well
aware
of
this
great
responsibility
and
will
dedicate
all
my
strength
to
carry
it
out.
As
competition
in
the
construction
market
intensifies,
there
is
finally
movement
toward
a
significant
transformation,
with
reorganization
and
the
progressive
weeding
out
of
certain
market
players.
In
anticipation
of
this
change,
our
Group
companies
will
be
implementing
various
reforms
and
moving
ahead
with
innovations.
We
intend
to
set
the
highest
management
standards,
explaining
our
ongoing
performance
and
activities
in
a
transparent
way
and
with
accountability
-
while
upholding
truly
fair
business
practices..
The
Taisei
Group
Companies
begin
a
new
medium-term
business
plan
in
2007.
We
are
boldly
pushing
ahead
to
arrive
at
solutions
and
reach
our
targets
with
a
four-pronged
strategy
that
includes:
1)
strengthening
profit
structures,
2)
establishing
a
strategic
business
system
for
securing
new
contract
orders,
3)
securing
new
income
sources,
and
4)
promoting
training
methods
and
ensuring
the
optimal
allocation
of
human
resources.
I
look
forward
to
your
enthusiasm
and
support
as
we
move
forward.