VALUE CREATION BY THE NEW YAMATO GROUP
Renewal of the Group's Management Structure
A Group Management Structure
That Focuses on Yamato Transport,
Which Centralizes Diverse
Management Resources(From April 2021)
Why Change?
The primary reason for commencing these reforms is that the Yamato Group's strategies, management systems, and organizational and corporate culture centered on TA-Q-BIN do not fully address customer and social needs regarding the rapidly changing business environment and steadily worsening social issues.
Business Environment / Social Issues
• Diversification of customer expectations and needs
- Rapid progress of EC (e-commerce) adoption in various industries
- Declining population and decaying regional infrastructure
• Declining working population
• Climate change and resource scarcity
• Further acceleration of the shift toward EC in all industries due to the COVID-19 pandemic
Lifestyles: Further growth of EC and shift to omni-channel approaches, including non-face-to-face interactions
Logistics structure: Total optimization of inventory and
supply routes
VALUE CREATION BY THE NEW YAMATO GROUP
From April 2021, we began promoting our medium-term management plan "One Yamato 2023," which covers the period from the fiscal year ending March 31, 2022 to the fiscal year ending March 31, 2024, based on our new Group management structure that focuses on the new Yamato Transport, which centralizes the diverse management resources of each Group company. We will proactively face the needs of customers and society and make the lives of individual customers more convenient while supporting the overall management of corporate clients, thereby becoming the "best partner of both individual and corporate customers." Accordingly, we are working to implement the main initiatives set out in this plan.
What Is the Purpose of the Change?
We aim to proactively meet the needs of customers and society and make the lives of individual customers more convenient while supporting the overall management of corporate clients, thereby becoming the "best partner of both individual and corporate customers."
Yamato will offer innovative
Retail Business Division | solutions to customers by | Transport Function Division |
Corporate Business Division | combining its various | Digital Function Division |
management resources | ||
Global SCM Business | throughout the Yamato Group. | Platform Function Division |
Division | ||
EC (E-Commerce) Business | Professional Service Function Division | |
Division |
New Organizational System Beginning from April 2021
Issues with the Management Structure
Strategy
Management
structure centered
on TA-Q-BIN
Management | Organizational |
systems | and corporate |
culture |
Strategy
Currently, TA-Q-BIN alone unable to accommodate rising demand from the EC market and corporate logistics
Management | Organizational |
Systems | and Corporate |
Weak management | Culture |
structure for quick | The Yamato |
decision-making | Group's sound |
due to depen- | culture of "inclusive |
dence on individual | management" no |
skills based on | longer practiced |
intuition and | |
experience |
Yamato Transport Co., Ltd. | Yamato Holdings Co., Ltd. | |||||||||||||||||||||||||||
President | ||||||||||||||||||||||||||||
Corporate Division | ||||||||||||||||||||||||||||
Yamato Holdings Co., Ltd. | ||||||||||||||||||||||||||||
Yamato System | ||||||||||||||||||||||||||||
Delivery | Retail Business Unit | Corporate Business Unit | ||||||||||||||||||||||||||
Development Co., Ltd. | ||||||||||||||||||||||||||||
Business Division | Business Division | |||||||||||||||||||||||||||
BIZ-Logistics | ||||||||||||||||||||||||||||
Retail | Corporate | Global SCM | EC | |||||||||||||||||||||||||
Financial | Yamato Autoworks Co., | |||||||||||||||||||||||||||
e-Business | Transport Function Division | Ltd. | ||||||||||||||||||||||||||
Home Convenience | Digital Function Division | etc. | ||||||||||||||||||||||||||
Autoworks | ||||||||||||||||||||||||||||
Platform Function Division | ||||||||||||||||||||||||||||
Other Services | ||||||||||||||||||||||||||||
Professional Service Function Division | ||||||||||||||||||||||||||||
Note: On January 17, 2022, the Company carried out the partial transfer of shares held by Yamato Home Convenience Co., Ltd. As a result, Yamato Home Convenience Co., Ltd. has changed from a consolidated subsidiary to an equity-method affiliate.
002 | YAMATO HOLDINGS CO., LTD. | YAMATO HOLDINGS CO., LTD. | 003 |
Integrated Report 2021 | Integrated Report 2021 |
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Yamato Holdings Co. Ltd. published this content on 15 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2022 06:19:08 UTC.