Fujita Corporation Press Release
Released:05 Jan 2015

New Year's Greeting from the President

Fujita Corporation's New Year Gathering was held earlier today as follows.

Date: Monday January 5th, 2015 8:30am - 9:00am
Place: SYD Hall (Sendagaya, Shibuya, Tokyo)

Here's a brief summary of the New Year's Greeting from Mr.Takuji Ueda, the president.

As the US economy remains stable into the new year, Japan's US export will increase, which could compensate the disadvantage of increase in consumer tax. The outlook for economic growth and corporate profits is promising due to the continuing fall of crude oil price and the depreciation of yen.

On the other hand, some predict that the combination of an increase in consumer tax being postponed to 2017 and continued monetary easing by the Bank of Japan may lead to excessive depreciation of yen and a negative effect on Japanese economy. Therefore the economic outlook remains unpredictable.

A few obstacles are present within the construction industry such as securing and nurturing young construction workers and the issues on participation in social security. However, while the tide is running in our favor, we must improve and strengthen the overall constitution, build stronger trust and push forward to be reborn as a company with sustainable growth.

We have established a growth strategy and begun to transfer our corporate culture from a project-based to a client-based philosophy in order to become the 'company who is needed by the client'. This is the year when the overall strength of Fujita construction group companies and associated companies will be tested.

I would like to ask you to challenge yourself with prompt actions to achieve further growth. It is always crucial to push forward in business. We became a part of Daiwa House Group, gained funding capacity, and improved financial condition through our persistent efforts. And now we earned the competence to push forward. We must vigorously push forward to realize the growth strategy.

This is the year to build the foundation to achieve the number one profit margin in this industry. Let's move forward energetically and positively.

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ENDS
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Fujita Corporation
Public Relations Office
Tel. +81-3-3402-1911
Fax. +81-3-3404-8477
Email. info@fujita.co.jp