Message from the President
President, Chief Executive Officer & Representative Director
Penta-Ocean Construction Co., Ltd. will celebrate its 125th anniversary in April 2021 since its founding as Mizuno Gumi in Kure City, Hiroshima Prefecture in 1896.
Our initial business in marine civil engineering works has significantly expanded to land civil engineering and building construction works. Starting with the Suez Canal Dredging project in 1961, we established a full-scale business presence overseas, and are currently working on a number of large-scale civil engineering and building construction projects, led by our International Business Unit Headquarters in Singapore.
Today, the social and economic conditions in Japan and overseas remain uncertain due to the prolonged impact of COVID-19. Although the business environment surrounding the construction industry will inevitably have a short-term impact on private investment, solid public investment is expected due to measures for national resilience and further infrastructure development with high stock effect that supports the domestic economy.Overseas, despite the temporary impact such as construction interruptions, robust demand for infrastructure development is expected to continue in Asia and Africa over the medium to long term.
In the current situation of a “New Normal” to live with COVID-19, we are convinced that to continue construction work is our social mission as a main contractor, after strictly implementing infection prevention measures to avoid 3Cs (Closed spaces, Crowded spaces and Close-contact settings) and secure safety and health for all engineers and skilled workers at the construction sites. We put top priority on infection prevention measures as well as safety. To shift to a “New Normal” working style to consciously raise awareness for social distancing, our initiatives of productivity improvement are considered effective, such as utilizing ICT for non-contact, remote and information-aided construction management, and promoting labor-saving and industrialized construction. In fact, we even positively think that now is an opportune time to accelerate the above-mentioned initiatives, which will lead to realization of Work Style Reform targeting two-days off per week.
In April 2020, a new three-year medium-term management plan (FY2020-2022) has been implemented. Penta-Ocean Construction group aims to become a “genuine global general contractor” with distinctive strengths in port, coastal and waterfront areas and overseas. A “genuine global general contractor” is a company that has no interdepartmental barriers between Business Units and allows diverse human resources to recognize and respect each other so they can fully demonstrate their abilities, regardless of gender or nationality. Therefore, we aim to be (1) an advanced company in Work Style Reform and productivity improvement, (2) an advanced company in D&I (Diversity and Inclusion), (3) a company that challenges new frontiers with pioneering spirit, and (4) a company that practices CSR management with focus on ESG (E: environment, S: society, G: corporate governance). As a result, we aim to be a company that can provide customers and the society with high-quality infrastructures and buildings with reliable safety and quality.
I look forward to your continuous support as we continue to move further ahead.