
Greetings
Hirose Electric celebrates this year its 70th anniversary since the companyfs foundation. The growth we have achieved in our business over these long years is much due to the loyalty and support of our customers and all partners we have been doing business with. We therefore take this opportunity to express our sincere gratitude for your patronage.
Hirose Electric was established in 1937 as Hirose Shokai, a company dealing in electric insulating materials. Starting in the 1940s we began to have links with the connector field, and the year 1963 the company unified its strategy to become a manufacturer specializing in connectors and changed its name to Hirose Electric Company, LTD. At this time, the company made the unique achievement of developing the first original connector in Japan. This was at a time connector technology was almost totally dependent on the United States.
At present, Hirose commands a leading position as a top-brand in Japan and the export ratio of its sales has also registered a dramatic increase, expanding the scope of our activities to the international stage. In 2005, we passed a new milestone as sales went above the 100 billion barrier. Our goal for the future is to achieve further growth by consolidating our management base and focusing our thrust on value enhancement.
Two management concepts are key to our corporate philosophy: gConnecting of Wisdomh and gPhilosophy of Being Smallh This implies the humility of viewing ourselves as small and the modesty of seeking outside advice with the resolve to integrate and connect this vast store of wisdom with the knowledge we have ourselves acquired over the years. On this principle, we are determined to maintain a high standard of management quality buttressed by an efficient organization. Our corporate slogan portrays Hirose as an gAn Electronics Company Connecting Wisdomh a defining description of the way we act and operate.
Amidst the accelerating pace of progress in the electronics field and the revolutionizing advances of our information technology age, innovative product development entailing more than the mere creation of products with superior basic specifications is a key requirement also for connectors that are the core component of todayfs ever-advancing equipment and facilities. Hirose has the enterprising spirit to meet these challenges with the determination to lead the industry with the development of new products. We have now reached an important juncture and are determined to maintain our creativity as a development-oriented company True to our past record of being an industry leader in and through innovative marketing and technology, we are resolved to face the challenges of the domestic and foreign markets through a creative approach that is the hallmark of development-oriented company. As an integral part of our corporate vision as a global company in the truest sense, we also embrace a firm commitment to the environmental issues that pose a major challenge for the whole of mankind. In this context, we shall do all we can to enhance awareness of the environmental issues on a company-wide basis and to measure up to our responsibilities through practical, specific measures in all areas that concern us.
These efforts give us every confidence that we can look forward to the continuous support and patronage of our customers in the years to come. |