Greetings from the President

Since the Toshiba Machine Group was founded in 1949, it has played a role in helping Japan and the world develop by supplying the machines required by industry. Currently, we are aiming to become a "comprehensive machinery manufacturer which supports the world's 'monozukuri'" by focusing on four strategic key phrases: "energy and environment", "improving labor productivity", "IoT (Note 1) and ICT (Note 2)", and "handling new materials". These four strategic key phrases are important for the automobile, electronics, optical, and nanotechnology industries which are in the spotlight today, because we will be developing, manufacturing, selling, and providing retrofit after-sales services and enhanced system engineering for injection machines, die-cast machines, extruders, microscopic transcriptional machinery, precision machinery, machine tools, electronic control devices, industrial robots, etc.

From April 1, 2020, our company name will be changed from “Toshiba Machine Co., Ltd.” to “Shibaura Machine Co., Ltd.”
We started business as a machine tool manufacturer in 1938 under the Shibaura name, and our Shibaura brand, which we continue to use, is still widely recognized around the world, especially in the machine tool industry.
We have continued to evolve by contributing to society through “monozukuri”, which is imbued into our DNA. The new company name shows we do not forget our DNA origins and will continue to evolve together with our customers in the future.

From fiscal 2019, we introduced our new mid-term management plan called “Revolution E10 Plan”, for which we have set the basic policy: Maximize the use of our strength as a general machinery manufacturer to continue to grow. Within this plan we strive to survive against our competition in this age in which things are rapidly and drastically changing, and we aim to achieve reforms to increase our profitability by boldly changing our conventional way of thinking, and updating our working practices, to promote further growth.

At the same time we are addressing various measures to increase our corporate value, such as; improving the nature of the company, sharing and enhancing our product strength, and investing in growth, thereby nurturing "the strength to create new industries" and evolve into a "manufacturer which co-creates value" together with its customers.

Our Group has set forth the "Toshiba Machine Group Action Standards" which are guidelines concerning how to comply with laws, and take actions which are economically and socially ethical. 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 will continue to strengthen our corporate governance and management systems to achieve even greater corporate growth and value.

We very much appreciate your continued support and patronage.

Chairman of the Board Yukio Iimura
President Takahiro Mikami

Note 1. IoT: Internet of Things
Note 2. ICT: Information and Communication Technology