Lotte Group
Lotte Group is a major South Korean multinational conglomerate corporation. Founded in 1948 by Shin Kyuk-ho in Tokyo, Japan, it expanded significantly into South Korea in 1967 with Lotte Confectionery. Since then, Lotte has grown into one of the largest chaebols (conglomerates) in South Korea, with highly diversified business interests. Its operations span a wide range of sectors including retail (department stores, hypermarkets, convenience stores, duty-free shops), food and beverages (confectionery, fast food, soft drinks), hotels and resorts, theme parks, chemicals, construction, financial services, information technology, and entertainment. The group is known for its extensive impact on daily life in South Korea and its increasing global presence.
About Us
- Lotte Group's origins trace back to its founding in Tokyo, Japan, in 1948, initially as a confectionery company. - The group made its significant entry into the South Korean market in 1967 with Lotte Confectionery, rapidly diversifying its portfolio to become a dominant force in various industries. - Lotte's business philosophy centers on contributing to a richer and more convenient life for customers and society. - Through continuous innovation, strategic expansion, and a commitment to ethical management, Lotte has established itself as a leader in its core sectors, aiming to create sustainable value for its stakeholders worldwide and enhance global quality of life.
Vision
Lotte Group's vision is often articulated around becoming a global leader that creates new value and leads the future. A general vision statement could be: To be a global lifestyle leader, creating unparalleled value for customers and building a sustainable future by pioneering innovative solutions and expanding its influence across diverse industries worldwide.
Mission
While a single, universally stated mission for the entire Lotte Group can be elusive due to its vastness, the overarching philosophy is centered on enriching people's lives and contributing to society. Its core mission can be distilled as: To enhance the quality of life for customers and communities globally through continuous innovation, ethical management, and diverse business activities, striving to be a trusted leader across all its sectors.
Culture
- Lotte Group's corporate culture emphasizes customer-centricity, innovation, ethical responsibility, and social contribution. - It promotes a challenging yet supportive work environment where employees are encouraged to grow and develop. - The culture values transparency, respect, and collaboration, aiming to foster a sense of shared purpose in delivering high-quality products and services and contributing positively to society. - Key aspects include a commitment to long-term growth, adaptability to market changes, and a strong sense of corporate social responsibility.
Specialties & Industries
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