Group Growth Strategy
Enhancing the functions of urban areas and increasing their value
One of the urgent issues the world faces is changes in the global environment brought on by the effects of rapid climate change. This is causing intensification of natural disasters, biodiversity crises, and energy issues, the convergence of which is forcing humankind to find solutions.
As part of our efforts toward a sustainable society, we are promoting initiatives that connect people with nature under our Environmental Concept, "We will enhance human sensitivity and creativity, make the best use of nature, and aspire to realize carbon-neutral cities by developing life-cycle CO₂-zero buildings."
Our goal is to enhance urban functions, not only in tangible areas like natural disaster preparation and infrastructure improvement, but also in terms of envisioning how we would like our future society to be.
Going forward, we will continue to increase urban value by applying our group's business areas over entire urban life cycles.
Harmonization with the environment
In our drive toward a sustainable society, we established our own Global Environmental Charter in 1992. Since then, we have been engaged in activities focused on environmental architecture based on our Environmental Concept. By endorsing recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and acquiring certification in the Science Based Targets (SBT) initiative, we are working to analyze and understand the risks and opportunities that climate change poses to our business and to disclose information about our responses.
Aiming for a healthy, comfortable and prosperous society, a decarbonized society, a resource recycling society, and a society in harmony with nature, we will continue to share and resolve the issues of urban areas through dialog with stakeholders.
Work style and productivity reform
By utilizing digital technology to address work style reform and a lack of skilled workers, which is a pressing issue in the construction industry, as well as to respond to the Revised Labor Standards Law, we are promoting productivity reforms through drastic improvements in the efficiency of production and business operations In particular, we are thoroughly digitizing our operations through development of both Takenaka Advanced Construction Integration, which is business reform spanning all production activities, and building information modeling (BIM). In this way, all businessrelated data is centrally stored on our Construction Digital Platform. By making advanced use of such data through AI and other means, we will continue to improve business efficiency and create new value for society and our customers.
Going forward we aim to intensify coordination with smart building realization and construction robot management platforms. Then, in addition to promoting comprehensive development from construction projects to facility operation, we also aim to produce new architectural and urban creation services in the future by linking up various data platforms in local communities.
Sustainable architecture and urban creation
We have been promoting an initiative called MACHInnovation with our Urban Creation Strategy Division playing a central role in achieving our goal of becoming an "integrated engineering firm for urban creation." Through collaboration with various stakeholders and by addressing urban issues, we will contribute to the transformation to a sustainable society.
Our Vision
We are aiming to create solutions that fuse construction technology and services so that we can demonstrate comprehensive engineering capabilities groupwide in line with urban life cycles. Values required for social issues, which change with the times in various ways, are not uniform. In order to be able to demonstrate a wide range of expertise, and technical and management capabilities groupwide, we will invest in strengthening management resources, and expansion of human resources, technology and ICT. In doing so, our goal is to be the best partner for society and our customers.
Basic approach of Total Quality Management
Our basic approach to achieving sustainable and sound corporate activities is Total Quality Management.
The aim here is to improve "management quality" by placing values and actions at the customer's perspective and raising the level of "work quality," "service quality," and "business quality." Maintaining the spirit of a master builder (toryo)* since the foundation of our business, we have always placed priority on earning trust first and social value. In addition to organizational improvement, we will keep pace with changes in society and our customers to make lasting reforms. By earning the satisfaction of customers and the trust of society, therefore, we are confident that we can be a perpetual presence in the creation of new environments.
- *The mindset of an artisan is living up to the customer's trust by putting heart and soul into doing the best work.
Implementing our medium- to long-term strategy
Along with our Growth Strategy to 2025, we have also set longer-term milestones toward where we would like to be in 2030. In addition to being the goal for our SDGs, we also regard 2030 as the midpoint of our efforts to become carbon neutral by 2050.
Aiming for sustainable and stable management centered around our group's core construction business, we will strive to enhance new and service businesses in addition to overseas construction and development businesses. In order to achieve nonfinancial goals based on respect for human rights and compliance along with our business targets, we will continue to promote sound corporate activities by creating environments where employees can be active in good physical and mental health, and by achieving KPIs starting with employee satisfaction as well as average work hours, strong governance, and work site closures.
At the start of our new three-year plan
Looking back over the three years up to 2022, there have been dramatic changes in the environment surrounding our business from the socioeconomic impact of the COVID-19 pandemic to growing geopolitical tensions and supply chain disruptions. These events have affected our business in no small way, so at the start of our new Three-Year Business Plan, we will continue to strengthen our current management foundation.
In addition, 2023 is the first year of our efforts under the theme, "Be the best partner for society and customers," which comprises STEP 4 of our growth strategy. Society and customers have very high expectations of the construction industry when it comes to environmental initiatives, such as decarbonization, so we recognize that knowledge and technology beyond just making buildings is required.
Together with involvement in urban creation, our group will enhance solution capabilities that are organically connected to areas where we can demonstrate our expertise. This will include initiatives we have been working on up to now like our Forest Grand Cycle, where the aim is to create a sustainable virtuous cycle between forest resources and local economies.
