Message from the President

Yasumitsu Ikeda
President, CEO and COO

Founding Spirit and SMK Philosophy: SMK celebrates its 100th anniversary this year. Since our founding in 1925, we have responded to the changing market while adhering to our founding spirit, "Good Parts Create Good Final Products.
Our corporate philosophy is "SMK is committed to the advancement of mankind through the development of the information society, by integrating its current technological strengths and creating advanced technology." Under this philosophy, we are dedicated to developing cutting-edge technologies that lead the times and provide attractive products and services to global markets and customers.
SMK's Vision: We embrace the SMK Vision of "CREATIVE CONNECTIVITY―Challenge, Creativity, Solutions." This phrase embodies our desire to contribute to creating a better society and future by solving social and customer challenges through connecting people to people, people to products, and products to products creatively. Under this vision, we will continue to provide solutions that address various issues faced by society and our customers.
Toward Sustainable Growth: SMK has positioned car electronics & e-bikes, renewable energy, home appliances & housing equipment, healthcare, and wearables as our focus growth markets. With an emphasis on these markets, we are responding to the diversification of business models while also driving the creation of new businesses through open innovation. At the same time, we aim to increase sales and profits by developing and providing products and services that contribute to social transformation, such as the green transition. We are also focused on strengthening non-financial value by promoting ESG & sustainability management, including our environmental efforts such as achieving carbon neutrality by 2045, and reinforcing human capital through the creation of challenging and rewarding workplaces.
Long-Term Vision and Medium-Term Business Plan "SMK Next100": In preparation for the next 100 years of growth, we have defined our Long-Term Vision for 2035, clarifying "what SMK should be" as: "We will contribute to the next 100 years with our Manufacturing Capabilities that realize all kinds of needs." In recent years, advancements in technology have been leading to the increased use of electronics. Building on the Manufacturing Capabilities we have cultivated over the years, we will enhance our core technologies and develop high-value-added products and services for all customers utilizing electronics. At the same time, we aim to become a company that makes proposals that are one step ahead of customer expectations.
To achieve this Long-Term Vision, we have formulated our Medium-Term Business Plan, "SMK Next100," covering the three years from April 2024. Positioning this period as a time to accelerate structural reforms for sustainable growth, we will steadily implement our basic policies: "Achieve sustainable growth in sales and profits," "Strengthen the management base that supports business," "Sophisticate capital and financial strategies," and "Promote ESG & sustainability management." Through these initiatives, we will maximize both financial and non-financial value.
To Our Stakeholders: We will continue to prioritize quality and provide good products and services to customers based on our technical capabilities. By offering even more new proposals, technologies, and solutions, we aim to contribute to our customers’ business expansion and create our new businesses. Additionally, we seek co-creation with our business partners to develop new businesses and provide new value to society.
As we celebrate our 100th anniversary, we are fully committed to executing our Medium-Term Business Plan, "SMK Next100," enhancing both financial and non-financial value for the next 100 years. We are dedicated to shaping a new SMK that meets stakeholders’ expectations. We sincerely appreciate your continued support and cooperation.