New Year's Message from the President (Summary)

Jan. 6, 2021

News Release

Happy New Year. I think last year was a year of unprecedented difficulties and uncertainty due to the effects of COVID-19.

And now, Aisin Seiki Co., Ltd. and AISIN AW CO., LTD. will merge to form "AISIN CORPORATION" in April this year. Since last year, we have been working on a management integration project with the idea of taking the opportunity of the management integration to renew Aisin Group into a company that can survive for the next 50 years. Since last year, we have been proceeding management integration project with the idea of changing Aisin Group into a company that can shape a new era and survive for the next 50 years. On the occasion of the management integration, Aisin Group will end its branch management and make a full transition to group-wide management.

Top management conducted thorough discussions last year and created a system to become the new Aisin Group. Finally, this year is the implementation year. I would like you all to ask yourselves "What should I do now" and then take action. As I have said many times before, the subject is "Me, Myself and I". I believe that having the mindset to face difficulties with oneself as the main subject will be the driving force to create strong individual power, and if such strong individuals get together to form "One Team," we will surely be able to overcome any difficulties. Let's all work together to make this a year of organizing a stronger Aisin Group with even more determination.