Our corporate creed and CSR philosophy
“Sincerity” has been the Company’s corporate creed and corporate philosophy since its establishment.
By the term sincerity, we mean the act of treating all concerned parties of the Company with cordiality. The concept of CSR, which shares the same basic philosophy as the corporate creed of “sincerity,” has always underlain the Company’s corporate management and business operations since its foundation.
To continue to grow in the coming age, we believe it is important for each member of the Foster Group to act in accordance with the CSR philosophy, or the corporate creed of “sincerity,” that we have adhered to since our establishment.
Corporate Social Responsibility (CSR) and Management
As we fulfill our corporate social responsibilities while reconfirming the raison d’etre of the Company, we sincerely wish to be a corporate citizen that is relied on and loved by our various stakeholders by maintaining a consistent spirit of doing business for society and people based on our corporate creed of “sincerity.”
Omi Shonin (merchants from current Shiga Prefecture), used to say that in business you should have “three goods”—good for the seller, good for the buyer and good for the society—and a corporate entity must secure these “three goods” by making reasonable profits and returning them for the good of society.
Under the corporate vision “To make contributions for future society through acoustics,” we aim to be a corporation that has a shining presence in the future society.
That society is currently experiencing major changes. With the industrial revolution being brought about by IoT (the Internet of Things), cars with automated driving capabilities, the growing use of drones, the development of AI and many other advances, we feel that the development of technologies with the potential to fundamentally change our way of life, and other changes in society, are progressing undeniably, at a pace that far exceeds anything that we anticipated.
In order for Foster to contribute to future society through acoustics and provide thrilling, heart-moving experiences that resonate with people around the world, we must continue to uphold the basic philosophy of “sincerity” that the Company has adhered to since its founding, while at the same time making major changes ourselves as we move forward.
The key players who take the central role in achieving this are people: the tens of thousands of Foster Group employees around the world. In addition to producing higher-caliber human resources, increasing opportunities for personnel exchange to achieve greater globalization and improving and enhancing our training programs, we will also make proactive efforts to utilize and promote a wider range of human resources within our organization. We will accelerate these initiatives, and work proactively towards reforming the way in which we work—without being restrained by conventional ways of thinking—to enable a greater number of valuable human resources to overcome various constraints, to excel and take an active role within the Foster Group. We will seek to achieve diversity, in the true meaning of the word.
Uniting People with Digital Technology through Acoustics, and Becoming a Company that is Loved by All
As a specialist in acoustics, we will continue to pursue better quality sound to delight music-lovers worldwide. Through acoustics, we provide not only music, but an interface between digital signals and human beings, and continue to contribute to the creation of a new age.
Moving forward, the Foster Group will continue to maintain compliance and promote environmental activities as part of our CSR activities, to ensure thorough quality control and risk management, and strive to become an enterprise that is loved by society and offers satisfaction for its various stakeholders; by continuing to conduct our business operations based on the values of discipline, responsibility and social contribution.
CSR report editorial policy
FOSTER CSR Report 2016 is issued to publicly disclose to our stakeholders our fiscal year 2015 Corporate Social Responsibility activities.
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