Nippon Yusen Kabushiki Kaisha hereby announces that the company has formulated a new four-year medium-term management plan that will be implemented from fiscal 2023. The new plan is titled "Sail Green, Drive Transformations 2026 - A Passion for Planetary Wellbeing."

Based on a long-term business-environment forecast, this medium-term management plan is positioned as an action plan to promote growth over the next four years with ESG at the core to achieve a new corporate vision for 2030, which reads as follows: "We go beyond the scope of a comprehensive global logistics enterprise to co-create value required for the future by advancing our core business and growing new ones."

The new medium-term management plan comprises a business strategy to realize a corporate group that contributes to society and continues to grow sustainably and a financial strategy to promote management replete with capital efficiency.

As a business strategy, we will consider opportunities and risks for our business to decide the direction of individual businesses (AX: Ambidexterity & BX: Business Transformation). We will enhance human capital enrichment, group management, and governance (CX). We will also promote the establishment of digital infrastructure (DX) and become a supporter of a carbon-free society through ocean transport by promoting the acceleration of decarbonization (EX). As a financial strategy, we will invest approx. 1.2 trillion yen in business by fiscal 2026 and will offer shareholder returns with capital efficiency improvement in mind.

Basic Strategy