First of all, I would like to express my heartfelt sympathy to all who suffered from the Great East Japan Earthquake, including those still living as evacuees due to the Fukushima nuclear power plant disaster. I sincerely hope for the safety of everyone involved, and for a speedy recovery.
In 2011, the Pioneer Group was affected by two major natural disasters—the Great East Japan Earthquake and the flooding in Thailand. These disasters have left major impacts in various ways, affecting the families of employees, regional economies and communities, and the operations of business partners.
When trials such as these arise, and people work towards recovery, we are reminded of the connections people share, and the desire to take care of others. When we see people carry on with courage and hope, we redouble our resolve to provide support.
Endeavoring to realize the Pioneer Group Philosophy, "Move the Heart and Touch the Soul," Pioneer has brought to market a steady stream of revolutionary electronic products since its founding in 1938. This philosophy articulates our aspiration to share the richness of human experience with as many people as possible, and it guides our dreams and our daily work at the Pioneer Group. Transcending national and ethnic boundaries, we hope to deliver untold wonders through communication that encompasses sight, sound, and information.
Another statement of our resolve is the Pioneer 2015 Vision: "Spread the smiles. Feel the vibes. Share the passion. Pioneer engages you anytime, anywhere." This vision presents a clear, specific image of how the Pioneer Group seeks to evolve by the year 2015 in various areas: relationships with customers; company, employees, and corporate culture; product and value propositions; relationships with society and business partners; and presence on the street, in the car, and at home. The 2015 Vision provides Pioneer with the strategies to continue its journey along a path of renewed growth.
Under our current midterm business plan, we are working to align and advance our business with the 2015 Vision, by entering emerging markets, pursuing business expansion, and developing new businesses. As we do so, we are determined to continue protecting the global environment and contributing to the sustainable development of society and the economy. Moreover, by supporting connections between people and the desire to care for others, we aim to "Move the Heart and Touch the Soul" of even more people with smiles and passion.
At the Pioneer Group, we recognize that, in fulfilling our corporate social responsibilities, we must continue to deliver products and services which are true to our philosophy and vision, while we conduct business activities in a sound manner that meets social expectations. In this context, we will continue to build a management foundation characterized by long-term stability, and find solutions, one by one, for the many ongoing challenges and hurdles that we face. Committed to this effort, we will address the various social issues raised by the Group's wide-ranging and diverse stakeholders.
In an even larger sense, we intend to make steady ongoing efforts to fulfill our social responsibilities and contribute to society. I look forward to your continued understanding and support in the future.