The Thought Behind the Company Name Change
On July 1, 2024, we changed our company name to Kitahama Capital Partners Co., Ltd., bearing the name “Kitahama,” in line with our founding philosophy inspired by the words of Kiyochika Iwashita, the president of Kitahama Bank, who stated, “Business is about people.” This change reflects our commitment to fulfilling our role as an investment bank that fosters businesses for the next generation and creates a society rich in spirit.
Management Policy
We aim to improve our financial standing by not only focusing on investment methods and business development arrangements as part of our financial services, but also by addressing themes such as “BCP: Business Continuity Planning” and the globally recognized “SDGs: Sustainable Development Goals.” We will undertake organizational reforms that embody these themes in a way that aligns with our company’s goals, thereby increasing our achievement rates. Constantly re-evaluating our position, we strive to regain the trust and confidence of our shareholders and other stakeholders, and to transition to a sustainable and cyclical business model. Our management policy is to establish clear investment criteria and focus on the “development and continuous operation of core businesses.”
Reaffirming the Accelerating VUCA Era
We recognize that we are in an era marked by rapid change, unpredictability, and increasing complexity in social structures, making it difficult to make accurate forecasts. This requires a broad understanding of the environmental changes surrounding consumers and businesses, as well as the social and economic conditions. Even in long-established industries, new growth can be achieved with fresh perspectives. In an era where old norms no longer apply, it is crucial to build a flexible corporate structure that is not bound by past successes. To that end, we will clarify the roles of the management headquarters as part of our foundational organizational improvements and work on fostering a habit of circular thinking.
Establishing a New Process for Success
Society is built on the diverse stories of individuals. When we break down and closely examine what was previously seen as a monolith, we discover a world rich in colorful innovation. To engage in ‘investment businesses that consider ESG (Environment, Social, Governance), which are crucial for the long-term growth of companies,’ we will enhance our mindset through ‘active information gathering,’ ‘hypothesis formulation,’ ‘multifaceted verification,’ and ‘strong execution.’ We will establish an RD department dedicated to the development of new business models based on step-by-step verification. Additionally, we will conduct marketing, verification, and improvements for existing businesses. By holding multifaceted discussions utilizing narrative marketing, we will identify structures of co-existence, clarify ‘ambiguous boundaries,’ and establish a process for new success.
Basic Policy on Corporate Governance
The basic approach of our group to corporate governance is as follows:
Our group believes that it is crucial to enhance the soundness and transparency of management while establishing and maintaining sound management practices that comply with laws, social norms, and ethics, in order to maximize corporate value. Corporate governance (Corporate oversight) refers to the fundamental framework of corporate management, which aims to improve performance while fulfilling social responsibilities towards stakeholders such as shareholders, customers, employees, business partners, and local communities. Therefore, our group’s basic policy on corporate governance is to prioritize the interests of all stakeholders involved in corporate activities, ensure the soundness and transparency of management, and enhance the management’s oversight functions to quickly adapt to management environments and decision-making.