bet365 本人確認ital Transformation Stock for 2024

Notice of the

Radically Transforming Business Models Through bet365 本人確認echnology

On May 27, NYK was selected as a 2024 “bet365 本人確認ransformation Stock,” or “DX Stock” for short, by Japan’s Ministry of Economy, Trade and Industry, the Tokyo Stock Exchange, and Japan’s Information-Technology Promotion Agency. This is the sixth time NYK has been recognized by these organizations, subsequent to its selection in the following categories: 2016 Competitive IT Strategy Companies, 2017 Competitive IT Strategy Companies, DX Stocks 2021, Noteworthy DX Companies 2022, and DX Stocks 2023/DX Grand Prix 2023.

Twenty-five companies were selected for the DX Stocks 2024 category, which includes companies using bet365 本人確認echnology to fundamentally transform their business models for new growth and enhanced competitiveness. NYK has been working on business transformation through bet365 本人確認echnology, such as developing 3D models and drawings to simplify the ship design and approval process in shipbuilding, adopting the SIMS3 (ship information management system ) to transmit operational IoT data from ships to shore every minute, and implementing the Starlink satellite communication service for exchanging and utilizing data on ships and land.

In March 2023, NYK released its medium-term management plan "Sail Green, Drive Transformations 2026 — A Passion for Planetary Wellbeing." This medium-term business plan comprises two core business strategies, AX (ambidextrous management) and BX (business transformation), to deepen core businesses and develop new businesses, and three support strategies to realize and develop the core strategies: CX (human resource, organization, and Group-management transformation), DX (bet365 本人確認ransformation), and EX (energy transformation). DX plays an important role as an enabler of the other four transformations. NYK will continue to leverage the power of bet365 本人確認echnology to promote the Group's medium-term management plan and achieve the Group's mission of "Bringing value to life."

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Back row, sixth from the right, Nobuhiro Kashima, Senior Managing Executive Officer

A sample of NYK Group DX initiatives evaluated during the DX Stock screening

Introduction of front-loading* digital ship design concept
Advanced digitalization of vessels in operation to realize cyber-physical systems**
IBIS (Innovative Bunker & Idle time Saving) Project and further improvements in fuel efficiency
Advanced maritime business data lakes
Promoting the commercialization of ship design, operation, and management
Utilization of generative AI
Creating an organization, human resources, and corporate culture to realize DX

A sample of NYK’s DX Stock screening evaluation

Corporate Value Contribution	bet365 本人確認echnology was being used as an enabler for all businesses in the ABCDE-X medium-term management plan strategy in 2023. Detailed KPIs and KGIs have been set, and DX is being promoted in all directions. In terms of new businesses, the platform business and the application of model-based design (MBD) in shipbuilding design are highly novel. KPIs are comprehensive and evaluated as fact-based, and KGI returns are clearly described based on their contribution to ROIC.
DX Realization Capability	NYK has made comprehensive efforts to promote DX in data utilization, organizational buildup, and human resource development. In human resource development, NYK provides DX training to its human resources through DX caravans (problem discovery), digital “terakoyas” (cram schools), bet365 本人確認ata labs (accompanying self-development).
Disclosure to Stakeholders	NYK discloses information on DX promotion initiatives through a wide range of media.
Comprehensive Evaluation	All businesses under the current ABCDE-X medium-term management plan strategy utilize bet365 本人確認echnology as an enabler, and DX is being promoted in all directions. DX enables the company to develop highly novel business models, such as the platform business and the application of model-based design (MBD) in shipbuilding design, and the earnings contribution is clearly positioned on an ROIC basis. NYK uses the bet365 本人確認echnology for all business promotions, and DX initiatives have already taken root throughout the company. The achievements by the end of the previous fiscal year and the results of this fiscal year are clearly shown in many medium-term initiatives.

* Front-loading
Conducting detailed simulations and planning in the early stages

** Cyber-physical systems
A system that links the physical world and the cyber world by implementing the study bet365 本人確認esign of events in the cyber world subject to time and cost constraints in the physical world.