I am Nobuyuki Okawa and I represent Shibaura Holdings, inc. The Shibaura Group was founded in 1932 in Shibaura district, Tokyo, and since then we have consistently dealt with steel products. Thanks to all customers and counterparts, we celebrated the 90th anniversary in 2022. In April 2020, we established “Shibaura Group Corporate Philosophy” based on the management policies expressed by successive generations of management, which we have implemented throughout our organization. Under the principle of “Striving to become a company chosen by all of our customers by enhancing the quality of our services,” our employees are united in their efforts towards this goal.
As we welcome the beginning of 2026, we are confronted with a number of sudden and unforeseen events—both domestically and internationally—that none of us could have predicted at the close of last year. In such an environment, it is imperative that we remain vigilant and ready for further unexpected developments. To secure the long-term strength and continuity of our organization, I believe it is more important than ever to return to our core principles. Accordingly, we have established the following as the Shibaura Group’s theme for fiscal year 2026: “Engage in meaningful dialogue, clearly articulate the decisions we make, and ensure that each of us consistently upholds and puts them into action.” The first pillar is dialogue— As the number of employees born in the Heisei era and beyond continues to grow, we place great importance on fostering communication that bridges generational boundaries. Next, we must clearly document the decisions we make, establishing transparent framework that ensure these decisions are reliably passed on to subordinates, junior colleagues, and the next generation. And above all, we must faithfully uphold and put into practice what has been decided. This is the most fundamental principle. Last year, we declared the beginning of our “Health Management Initiative,” adopting the theme: “Be mindful of your own health, take at least one action that benefits your body, and strive to maintain long-term well-being.” As a timeless pillar essential to building a strong and enduring organization, we will continue to advance our commitment to health management in the year ahead.
We are committed to engaging with every employee and creating a company where they feel motivated and fulfilled. By sharing the “Shibaura Group Medium- to Long-term Plan” established in 2022 with everyone and move forward as one towards our 100th anniversary. We look forward to your continued support.

Representative Director
Nobuyuki Ohkawa