Tsuneishi has been engaged in shipbuilding over the more than 90 years since the company's launch in 1917. During that time, we have contributed to the development of not only our local economy but also the global economy, by providing safe, high quality vessels that support the surface distribution of goods.
We have always, from our earliest beginnings, attempted to support our employees. It was this principle that helped Tsuneishi, which started off building wooden ships in a remote town, to grow into a leading Japanese shipbuilder.
Tsuneishi has always treated employees as family, and has expanded their business to ensure continuing employment for them. Even when the shipbuilding industry was in a slump and other shipbuilding firms successively reduced their employees, we did not cut any of our staff. Behind this personnel policy was the aforementioned principle. Tsuneishi will hold to this philosophy by continuing to value its employees and ensure their employment security.
However, in the wake of the recent rapid changes, it may become difficult to sustain full employment in the future. Although we have always made lifetime employment available to every employee, we will aim to be a company that can reward workers who understand the direction we are traveling in and who cooperate in contributing to the company's development.