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- Transition of Business Performance
In the machinery and appliance industry in fiscal 2017, plant and equipment investments associated with an increase in the demand for smartphones, AI and IOT, and for electronic parts and devices for in-car products and industrial machinery, were vigorous, semiconductor-related businesses fared well and remained brisk, and investments in labor-saving equipment due to manpower shortages were also vigorous. As a result, the machinery and appliance industry showed steady performance as a whole.
Under these circumstances, our company has continuously pursued sales activities that captured customers’ diversified needs, and extraction of new demand, with the motto of “Becoming a Trusted and Beloved Company That Provides Our Utmost Service to Many Customers,” and worked on organizational reform that would enable us to quickly respond. In the current term, we opened a Sapporo office in Sapporo City, Hokkaido, as an enhancement of the organization so that we can conduct community-based sales activities. In addition, we relocated our head office to Minato Ward, Tokyo, in order to strengthen of the collaboration with other THK Group companies and achieve efficient organizational operation.