TOPCON selected for Japan's Ministry of Economy, Trade and industry (METI) "Digital Transformation Stocks (DX Stocks) 2020"
Commitment in solving societal challenges within healthcare, agriculture and infrastructure highly acclaimed!!
Update August 25, 2020
TOPCON Corporation (HQ: Itabashi, Tokyo, CEO Satoshi Hirano) was selected as one of the “Digital Transformation Stocks (DX Stocks) 2020” jointly selected by METI and the Tokyo Stock Exchange.
Recently, a global tide of “digital transformation (DX)” is arising that profoundly innovates business models to be translated into new growth and fortification of competitive strength based on digital technologies such as AI, IoT and big data.
In consideration of such situations, companies that commit to the innovative improvement of productivity, transformation of existing businesses and the creation of new businesses utilizing DX are to be selected as the “Digital Transformation Stocks (DX Stocks)” starting from this year. From among the approximately 3,700 domestic listed companies in the Tokyo Stock Exchange (First Section, Second Section, Mothers, JASDAQ), 35 companies with the highest overall rating were selected for this first year.
We have set a corporate identity of “contributes to enrich human life by solving the societal challenges within healthcare, agriculture and infrastructure”, and is promoting efforts to aim to solve societal challenges in each business field utilizing DX solutions.
■ METI News Release “DX Stocks 2020” and “Noteworthy DX Companies 2020” Selected
■Material released by the Ministry of Economy, Trade and Industry (in Japanese pdf file page 30, slide #29)
In each field of “healthcare” “agriculture” and “infrastructure,” TOPCON’s overall efforts including our business models and growth strategies aiming for new value creation, and the supporting global organizational reforms, personnel management and the streamlining of the IT environment was highly appraised.
|societal challenges:||increase in eye disease resulting from global population aging|
|DX solution:||creating a system for eye disease Screening|
|societal challenges:||concerns for food shortages resulting from global population growth|
centralized management of the agricultural cycle by “Automation of farm operations”
|societal challenges:||shortage of skilled engineers resulting from globally rising infrastructure demands|
|DX solution:||centralization of workflow by “Automation of Construction process”|
Taking this selection for the “Digital Transformation Stocks (DX Stocks) 2020,” as a good opportunity, TOPCON will strive to further improve our corporate value and ongoing growth, aiming to resolve societal challenges in “healthcare, agriculture and infrastructure.”
*Note: The term “digital transformation (DX)” refers to a situation where a company takes advantage of data and digital technologies to deal with dramatic changes in business environments, change its products, services and business models to meet the demands of customers and society and change its business itself, organizations, processes, corporate culture and corporate climate, so that it can establish a competitive advantage.