Message from Top Management | Sustainability | TERUMO GLOBAL

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Message from Top Management

Message from Top Management

A Corporate Legacy of Social Contributions

Dr. Shibasaburo Kitasato and other physicians founded Terumo in 1921, when importation of medical thermometers ceased in the aftermath of World War I, spurring the need to manufacture the instruments domestically.

Thermometers are a household item today, but in the 1920s, when Japan was just beginning to gain an awareness of health and hygiene, there was concern that supply could not answer the heightened demand for thermometers in medical settings. The Terumo company charter observed that, “Viewing citizens’ health as the cornerstone of national stability renders ours an industry of national importance (and not merely a profit-making enterprise).” The need for high quality medical thermometers prompted the company’s establishment and corporate goal to contribute to both citizens’ health and society. That sentiment generated Terumo’s corporate philosophy of “contributing to society through health care.”
Over the years, Terumo has provided new value by grappling with health care issues in areas such as infection control, prevention of medical errors, the demand for minimally invasive treatments, and improvements in both medical cost efficiency and patient quality of life (QOL). The Terumo Group now conducts business in over 160 nations, expanding our concept of “society” to embrace a global perspective.

Partnering with Global Stakeholders

In 1996, Terumo drafted five statements supporting realization of the corporate mission and Group business activities: Open Management, Enhanced Value, Safety and Reliability, Respect for our Associates, and Corporate Citizenship. In 2015, we announced our new global vision of “Innovating at the Speed of Life,” expressing the future direction of Terumo business. The Group is focused on expediting development and reliable delivery of innovative, high quality products and services, both for medical settings throughout the world facing high-paced change as well as for patients.

The Terumo Group is committed to conducting responsible corporate business activities based on our corporate mission, five statements, and global vision to benefit patients and their families, medical professionals, shareholders and investors, business partners, regional communities, and all additional stakeholders. In 2012, we signed the United Nations Global Compact, endorsing its Ten Principles advocating for responsible policies on human rights, labor, the environment, and anti-corruption. As our business activities become increasingly globalized, corporate initiatives will strengthen corporate governance, ensure regulatory compliance across borders, and enhance environmental, health, and safety management (EHS). Looking ahead, in light of the UN’s 2015 Sustainable Development Goals (SDGs), Terumo will identify important issues impacting society and our corporate group, strive to realize our objectives, and contribute to society.

Achieving Sustainable Growth Through Energization of Human Resources and Organizations

The Terumo Group’s core organizations, strengthened by functional optimization, have sustained corporate business activities and communication over the years to facilitate solutions to sustainability issues influencing society, the environment, and governance. In implementing the Mid- to Long-term Growth Strategy articulated in December of 2016, Terumo continues stressing the “energization of human resources and organizations” as a key transformative point. Our corporate response to the multiple issues impacting corporate and social sustainability such as corporate governance, EHS promotion, and respect for human rights and diversity is to strengthen systems enabling implementation of activities and transcend organizations and regions in search of new opportunities for innovation.

Terumo will celebrate its centennial in 2021. Through delivery of value-added innovations to medical settings and patients throughout the world, the group will strive to earn society’s continued trust as we pursue the sustainable growth required of an essential enterprise. We ask for the warm support of our stakeholders toward this goal.

Shinjiro Sato,
President and CEO

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