The president of our company wished the employees for the new year and called for vigilance
Dear KSE employees,
I wish you and your family a Happy New Year! I hope you have a great and peaceful holiday even though there are still some restrictions for activities due to the continued epidemic.
First, I would like to say thank you for the support you gave me since I arrived at KSE in May last year.
The last year 2021, was a very difficult year, as was 2020, however, we were able to operate without any accidents, and I think this is also thanks to everyone's high attention and mind for safety in daily operation. We hope that we can continue to have a high awareness of safety without being satisfied with the current level.
Until early spring in 2021, the Automotive industry was on a recovery trend, and it had been steadily progressing. But before reaching the summer season, the Supply-Chain of this industry had been collapsed due to the shortage of chips and other key materials, which had a huge impact on car assemble in each OEM. The demand for automotive Safety Device we produce and supply is no exception and has been hit quite hard. As you know, the accuracy of demand forecast from the customers became extremely unstable, our production planning and inventory control became difficult, and in October, we had to take measures to stop the operation for two weeks in a hurry. It seems that it will take more time to solve the global supply shortage of Chip, so I would like to ask each person to raise their antennas, collect accurate information, and perform appropriate operations.
By the way, 2022 is the first year for the next four years´ mid-term plan, which is called “Kayaku - VISION 2025” (KV-2025). This year will be very important as an initial phase of this plan since this year’s activities and achievements will greatly affect the goal of VISION 2025. Unfortunately, COVID-19 has changed the environment and we have no choice to deal with it. The Automotive market, our Supplier, our Customer environment, and the way of their thinking are changing. The conventional method may not work in some cases, therefore we need to challenge new ways. Since KSE has many years of experience, I believe that we can overcome these if we refer and utilize them to meet and fulfill the future demand.
A. Kanno, president