Investor Information

To our investors

Stock ticker code: 6104

To Our Investors

Circumstances surrounding the Toshiba Machine Group

President Takahiro Mikami

President Takahiro Mikami

Because of the underlying current in the global economy in which the economies of the developed countries are stagnant and the economies of the emerging countries are growing, it must be said on a macro level the global economy is still recovering. The United States, Europe, China, and Japan are the economies which should be the engines of the global economy, but they are still recovering and all of them are facing their own problems. Conversely, the emerging economies of Southeast Asia, India, and South America are gaining strength, so that companies are being forced to make major changes in their conventional positions.

The Toshiba Machine Group will further cultivate the sales, technologies, and technical know-how it has developed over the years in order to confront the new economic environment and become a company which meets the expectations of investors.

Management Plan

Although the economic environment has been unclear, our Group has been promoting its mid-term management plan, the TM AC Plan, since April 1, 2010. The basic concepts embedded in the TM AC Plan are "advance" and "expand." Through "advance" we are further developing our technologies and reinforcing our system engineering functions. Through "expand" we are developing our global strategy which includes expanding and improving our overseas sales and service facilities, and developing products which meet the needs of the markets.

From April 1, 2016 we newly started "TM-PΣ Plan" (Toshiba Machine Profit Sigma Plan). Within this plan we are continuing the concepts of "advance and expand" of the mid-term management plan from 2010, but we have newly added the two basic policies of "transformation to a higher profit business model" and "selection and concentration." Within the "transformation to a higher profit business model" we shall steadily implement various measures to reduce our gross costs in order to recover our profitability which is the most urgent task for our Group. Through "selection and concentration" we shall concentrate our management resources in the markets and customers which are currently showing dynamic activity, and implement measures which will assure certain growth for our Group.

Compliance

Our Group has set forth the "Toshiba Machine Group Action Standards"; guidelines concerning how to comply with laws, and take actions which are economically and socially ethical. We fully recognize the fair and impartial business activities which society demands of companies, and we understand the expectations our shareholders, customers, local societies, and all other stakeholders have. In order to meet those expectations, we shall thoroughly comply with all business and financial laws, and we shall also proactively involve ourselves in environmental management so we can fulfill our social responsibilities.

We ask our investors continue to give us their advice and support in the future.

President Takahiro Mikami