company strategy

Toyoda Gosei President Toru Koyama Discusses Plans to Pursue Carbon Neutrality, Support Rise of EVs

Toru Koyama, president of Toyoda Gosei Co. Ltd. (TYO:7282), gave some insight recently into the company’s plans for 2022, which will center around improving corporate value and striving to meet the targets of the company’s medium-term plan. Giving his predictions for fiscal 2022, Koyama said that given Omicron and numerous other uncertainties, he believes it may still be another year...

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Sumitomo Rubber President Satoru Yamamoto Shines Light on Company Strategy

Speaking at a press conference on Dec. 13, Sumitomo Rubber Industries Ltd. (TYO:5110) President Satoru Yamamoto looked back on the past year and gave some insight into the company’s strategy going forward. With its tire business, the past year saw Sumitomo Rubber decide on multiple investments in an effort to respond to strong demand around the world. In February 2021,...

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Toyo Tires President Takashi Shimizu Explains Aim to Bolster Technological Capabilities With New Serbian Plant Next Year

Toyo Tire Corp. (TYO:5105) President Takashi Shimizu spoke recently about his company’s plans for 2022. On top of boosting productivity at its leading plant in the U.S., Shimizu said here that Toyo Tires intends to make effective use of its Malaysian base – a global hub for the company – while keeping a close eye on the circumstances and logistics...

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Interview: Toyoda Gosei President Toru Koyama Discusses Efforts to Balance New Initiatives With Existing Businesses

Inaugurated as president of Toyoda Gosei Co. Ltd. (TYO:7282) last June, Toru Koyama stepped into the role amid a raft of major changes in the business environment – including COVID-19 as well as the accelerating trend in automotive electrification. Speaking recently with Japan Rubber Weekly, Koyama said for fiscal 2021 that he aims to see the company land a proper...

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Toyo Tires President Takashi Shimizu Hints at Focuses of Company’s Next Five-Year Plan

Toyo Tire Corp. (TYO:5105) President Takashi Shimizu recently outlined the approach that the company will take going forward, including on the direction of the company’s next five-year medium-term management plan, which is slated to start in fiscal 2021. While Toyo Tires’ current five-year plan touts lofty goals of reaching high numerical targets, Shimizu noted that for the upcoming plan, the...

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New Sumitomo Riko President Kakushi Shimizu Highlights Importance of Organizational Reform Amid Tough Times

Sumitomo Riko Co. Ltd. (TYO:5191) President & CEO Kakushi Shimizu held a press conference on July 9 to discuss company strategy after taking over the reins on June 18. Speaking at the press conference, Shimizu said that while COVID-19 caused automotive production to drop significantly over April–May, he hopes if anything to treat this as an opportunity for improvement. The...

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