TOPCON selected for Japan’s Ministry of Economy, Trade and industry (METI) “Digital Transformation Stocks (DX Stocks) 2021” for two consecutive years

Commitment in solving societal challenges within healthcare, agriculture and infrastructure highly acclaimed!!
June 7, 2021

TOPCON Corporation (HQ: Itabashi, Tokyo, CEO Satoshi Hirano) was selected as one of the “Digital Transformation Stocks (DX Stocks) 2021” by METI and the Tokyo Stock Exchange for the second consecutive year.

DX Stocks are designated for companies that establish internal structures to promote DX that lead to the improvement of corporate values, and aggressively continue to take on challenges to transform their management and the entire business model based on the premise of digital technology. Topcon was selected as one of the 28 domestic listed companies that scored highest in the overall rating of this year’s assessment from among approximately 3,700 domestic listed companies in the Tokyo Stock Exchange (First Section, Second Section, Mothers, JASDAQ).

The spread of COVID-19 significantly changed the way we work, and the way business is promoted. The Digital Agency will be newly established in this September, and it is predicted that the digital transformation of business models will be driven forward even more.

This year, in addition to the indicators of efforts to realize comprehensive DX with radar charts, Topcon’s DX solution that connects the 3D digital model (virtual) and the construction site (real) in the “infrastructure” business domain to improve productivity and quality improvement in building construction work, and the DX solution that enables “Automation of farm and dairy operations” by connecting Auto-steering system for tractor, crop health management sensors and cloud-based agricultural management software in the “agriculture” business domain were highly acclaimed.

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.

■References
METI News Release “DX Stocks 2021” and “Noteworthy DX Companies 2021” Selected
(https://www.meti.go.jp/press/2021/06/20210607003/20210607003.html, Japanese only)

Tokyo Stock Exchange Press release “DX Stocks 2021” Selected
(https://www.jpx.co.jp/news/1120/20210607-01.html, Japanese only)

■Related news topics
TOPCON selected for Japan’s Ministry of Economy, Trade and industry (METI) “Digital Transformation Stocks (DX Stocks) 2020”
https://global.topcon.com/news/7934/

■Topcon’s business efforts

“Healthcare”

societal challengesincrease in eye disease resulting from global population aging
DX solutioncreating a system for eye disease Screening

“Agriculture”

societal challengesconcerns for food shortages resulting from global population growth
DX solutioncentralized management of the agricultural cycle by “Automation of farm operations”

“Infrastructure”

societal challengesshortage of skilled engineers resulting from globally rising infrastructure demands
DX solutioncentralization of workflow by “Automation of Construction process”

*DX:Digital Transformation
*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.