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We are committed to being a global corporate group that will work together to contribute to the world with its "one and only" values, unflinching in the wake of a disaster |
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Naoki Tamura
President |
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On March 11, 2011, a massive earthquake struck off the Sanriku coast, triggering a devastating tsunami and an unprecedented accident at TEPCO's nuclear power plant to create a major disaster. We would like to offer our deepest sympathy to all those affected, and pray for as early a recovery as possible.
The Tamura Group was also affected by this disaster, with a factory in the Saitama area and two Tohoku plants, Wakayanagi Tamura Corporation (Kurihara, Miyagi Prefecture) and Aizu Tamura Corporation (Onuma, Fukushima Prefecture), suffering damage serious enough to stop production. Fortunately, all the employees were safe. The damaged plants resumed production in increments, restarting with manufacturing facilities that were verified to be safe, and achieved full recovery on June 6. Constant updates were uploaded to our official Web site during the recovery process. |
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At one point, we had prepared ourselves for a significant performance decline due to the disaster, but as a result of hard work by every employee, we were able to keep the March performance slump to a minimum and reversed the trend to achieve increased revenue and a return to profitability for fiscal year 2010.
With FY2010 as the inaugural year of the Three-Year Medium-Term Management Plan, "T's POWER+ (plus)," and FY2012 as the final fiscal year, we have been working to create values by deploying the "No. 1 Strategy" that aims to attain the top share in the industry through global development, and the "One-and-Only Strategy" that aims to gain the top spot in target areas through the demonstration of uniqueness and distinct strengths.
In terms of its course, the No. 1 Strategy saw a favorable global deployment of our super large-size transformers and reactors in the industrial machinery and energy market. We also expect expanding sales of current sensors, whose reach is extending into the industrial machinery market and other new markets, and automotive reactors, which are now introduced in the hybrid and electric vehicle market. In addition, an originally developed conductive adhesive paste has been chosen by the largest solar cell maker in the country as well as other firms for their products.
In the One-and-Only Strategy, we are continuing to introduce products that leverage technological capabilities not found in other firms to the respective markets, such as signage light-source modules (an LED product for the B2B market) and white reflective material for LEDs, reflective material for solar panels, and flexible PCB material.
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The Three-Year Medium-Term Management Plan, T's Power+, is based on the "2015 Tamura Group Vision." With the goals of becoming "a company that creates one-and-only values," "a company of environmental excellence in symbiosis with the Earth," and "a global company where each and every employee is a key player" by FY2015, the Vision is focusing on "energy revolution featuring renewable resources," as a new growth area. The aforementioned development strategies are part of the same trajectory and are concerned with the development of technology and products that contribute to environmental conservation.
As a part of this endeavor, we have designated products that contribute to environmental load reduction as "eco-design products" and worked to increase their proportion in total sales. Since October 2010, we have certified and launched outstanding eco-design products as "premier eco-design products." In the first year of the launch, these products, including the RoHS/REACH-compliant high-current thermal links with a small number of parts and a low environmental load, the AC adapter with ultra-low standby power that contributes to CO2 reduction and power savings, and the energy-conserving N2 reflow system that achieves approximately 40% reduction in power consumption compared to conventional models, accounted for 18% of sales in the latter half of the year. We are working to minimize environmental impact while playing a part in global environmental conservation by developing and offering premier eco-design products.
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Currently, the Tamura Group's corporate slogan is "Aiming to Be Your One and Only Company," by "extracting unique and superior corporate strengths." Today's "one and only" means technology needed by customers on the cutting edge of the world and services that are rated on a global level. The Tamura Group's global development is proceeding steadily with China, South Korea, and a new addition to the group, India, showing significant growth. Nevertheless, we will work to further discover and nurture local human resources and pursue "the extraction of unique and superior corporate strengths" on a worldwide scale. In Japan as well, the Group as a whole will aim to be "the one and only company" that can thrive anywhere in the world, by developing world-class human resources as well.
Here in Japan, the disruption of production due to the disaster is expected to continue for some time. However, we refuse to let it slow us down as the entire Tamura Group will work as one to become a global entity that will contribute to the world with its "one and only" values. |
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| July 2011 |
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Naoki Tamura
President |
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(C) TAMURA Corporation, All rights reserved. |
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