On May 31, NYK was selected as a 2023 DX Grand Prix company and a Digital Transformation Stock (DX Stock) by Japan’s Ministry of Economy, Trade and Industry, the Tokyo Stock Exchange, and Japan’s Information-Technology Promotion Agency. This is the first time for NYK to receive the DX Grand Prix Company award and the fifth time for the company to be recognized, following its selection as a "Competitive IT Strategy Company" in 2016 and 2017, a "DX Stock" in 2021, and a "Noteworthy DX Company" in 2022.

Companies selected as a DX Stock are engaged in DX activities that will fundamentally change company business models and lead to new growth and enhanced competitiveness based on digital technology. The DX Grand Prix companies were selected from among the DX Stock companies and are considered to be those that will lead the digital era. The selection was made in recognition of the Group's DX initiatives, which will leverage the power of digital technology and data to realize the Group’s management strategy with ESG at its core, as outlined in the company’s medium-term management plan, "Sail Green, Drive Transformations 2026 — A Passion for Planetary Wellbeing ."

NYK has formulated "ABCDE-X" as a strategy to realize its medium-term business plan, a strategy that supports AX and BX (the core strategy of deepening core businesses and developing new businesses) with CX (human resources, organizational transformation, and group management transformation), DX, and EX (energy transformation). DX plays an important role as an enabler of the other four transformations. Furthermore, we believe that by deepening collaboration with like-minded partners and sharing our wisdom, we can create socially optimal solutions. We will continue to leverage the power of digital technology to pursue the Group's mission of "Bringing value to life.”