Messages from Outside Directors

Outside Director Koichi Yasui

Q1. What is your impression of Aichi Steel?

Aichi Steel is a globally expanding and growing company. It has successfully implanted the Aichi Way into the minds of its employees who put it into practice conscientiously, and who work hard toward shared goals through a strong unifying force. I believe this is largely as a result of its culture of care and respect for employees as demonstrated by its recognition both under the Health & Productivity Stock Selection Program and as a Health and Productivity Management Outstanding Organization, and by the signing of a Labor-Management Agreement.

Q2. What do you think of your own role as an outside director?

As a member of management in the past, I always tried to personally visit the front lines of gas supply and sales to see and confirm situations with my own eyes. Even as an outside director, I visit those sites as much as possible to get direct access to the ideas and thoughts of the people working there. I am therefore fully aware of the background and facts behind each situation.

I believe my role is to apply my past experiences, knowledge and expertise to continually question management, to discuss any concerns I might have, and to provide support at all other times.

Q3. What issues do you see, and what expectations do you have, in relation to sustainable growth at Aichi Steel?

With the development of CASE technologies and changing social needs for mobility, it is a very difficult time to predict the future. At the same time, though, there are enormous opportunities for Aichi Steel to grow right now as well. To take advantage of these opportunities, it needs to create value that is unique to Aichi Steel by accurately understanding the social environment and customer needs. It can do this by relying on the unique technical capabilities it has built up as a materials manufacturer, as well as its passion of “steel” and strong spirit. I look forward to continuing sustainable growth for Aichi Steel through the supply of products that contribute to the whole industry, the whole of society, and to the global environment.

Outside Director Yuko Arai

Q1. What is your impression of Aichi Steel?

The DNA of manufacturing at Aichi Steel has its roots in the belief that “Great cars are made with great steel.” Through the company’s culture of honesty and reliability, through the words and character of its employees, I see that DNA being passed down even today. Aichi Steel’s strengths are evident in the new innovations it produces and the high social value it provides through a combination of solid technical capabilities, built on its manufacturing tradition, and a wealth of experience.

Q2. What do you think of your own role as an outside director?

The airline industry and Aichi Steel have a common mission of supporting safety and security in people’s lives. I am able to bring knowledge and experience to this role, together with questions and different perspectives from my time in a different industry, which generates more meaningful discussions in meetings of the Board of Directors.

I have many years of sales experience in the airline industry, so I always value direct communication and building relationships with customers. With a focus on business expansion from global and customer perspectives, and while prioritizing communication through informal meetings with employees, I want to contribute to creating a better organization and developing human resources by promoting diversity.

Q3. What issues do you see, and what expectations do you have, in relation to sustainable growth at Aichi Steel?

Good products and services are all created by people. This is why my highest priorities are eliminating unsafe practices among employees and creating safe and secure working environments. If Aichi Steel can also leverage the technologies and knowledge it has acquired over many years to further expand its business operations, and support many more people in their daily lives, it will be able to continue increasing corporate value into the future. Aichi Steel’s business operations now extend beyond automotive components to also include the fields of agriculture, medicine and transportation, as well as rebuilding social infrastructure. It is also developing many products for the business-to-consumer (BtoC) market. I look forward to seeing the company continue to branch out into new fields, and to maintain steady growth as a manufacturing company supporting the society of the future.