b'E X E C U T I V E I N T E R V I E W C O N T I N U E DYou recently stated that our MaPPS structure worksWe will tackle these challenging targets by forming project toward new value creation and maintaining current teams with diversity and flexibility. By promoting a project- business relationships in the region. Is that still the planbased working style, we believe our success rate will increase, for our business in South America?and at the same time, we aid the development of ourOur strategy MaPPS was created through the collaboration ofcolleagues capabilities. By strengthening the skills of ourmembers of management teams from entire SC South America.talent we raise their profiles in the organization, creatingWe had intensive discussions on how the business world isa win-win situation between company and individuals. So,changing, globally, regionally and locally, and what our strengthsour MaPPS strategy has many meanings. I believe weare in the region, and how we should engage in business devel- can get fruitful results, if we can perform MaPPS withopment going forward. In conclusion, we decided:a never-give-up spirit. (1) to take a Market-in approach that looks at the in-countryWhat market successes did SC South America see in the business development that addresses the change in local past year, and what industries do you see as a key focus market needs and social trends on top of the traditional going forward? Product-out approach,In 2020, the mining business saw success, especially iron (2) to develop wider and deeper collaboration with strongore, and our agrochemical business was successful as well. business Partners and utilize business models which haveWe have many opportunities in all business areas, but the Presence in the market, mainly by leveraging valuable keywords which we should focus on are ESG/SDGs/Carbon intangible assets and relationships built up over many years, Neutral, Digital Transformation (DX), and Integration. We tackle (3) to use all resources, namely Supporters which we have allthese challenging themes through carrying out our MaPPS over the world through our SC global network, and to operate andstrategy, regardless of industries, since all industries are manage our South America businesses by integrating the talentslooking for better solutions. We should take advantage of our and expertise of all SCSA members beyond borders of any kind. Sogo-shosha, operating businesses in almost every industry, and develop new businesses and create new values beyond Our goal is to build an unwavering operational base in Southindustries by demonstrating our integrated corporate strength. America to achieve sustainable growth, and we are aiming to achieve what we are calling SCSA 2X4 meaning that afterI believe we can meet the big challenges and build a sustain-2 years, we aim to double our trade profit, and create 2 newable future for SCSA by forming these diverse teams that will conventional businesses & 2 new game changer businesses incontinue to work hard in providing value to our customers and the short term. business partners worldwide. Left and below,Mr. Yoshida withCosmotec Chairman, and with CosmotecManagementMembersRight,Mr. Yoshida with IharabrasmanagementBottom right, Mr. Yoshida workingin his home office4 visions Spring 2021'