Toyoda Gosei Co. Ltd. (TYO:7282) named Executive Vice President Toru Koyama as its next president at a board meeting held on March 20. The company also appointed current president Naoki Miyazaki as its next chairman at the same meeting. Both of these appointments will be officially made at Toyoda Gosei’s general shareholders’ meeting scheduled to be held in June and...
Bridgestone Corp. (TYO:5108) announced plans on Dec. 13 for a reshuffle of its top leadership, with Vice Chair Shuichi Ishibashi slated to become CEO next year. Ishibashi will be inaugurated following approval at a Board of Directors meeting that is scheduled for after the company’s annual shareholders meeting in late March. Masaaki Tsuya, who currently serves as CEO and representative...
JSR Corp. (TYO:4185) announced on March 14 that it intends to restructure its top management, having made a decision on this at a board of directors meeting earlier that day. Managing Officer Eric Johnson, 57, has been selected to fill the newly created role of CEO. Meanwhile, Nobuo Kawahashi, 62 – currently an executive managing officer at JSR – was...
Bridgestone Corp. (TYO:5108) is promoting reforms to working conditions to help change the way each individual employee performs their work, and to raise professional awareness, eagerness and creativity. The goal here is to strengthen competitiveness while boosting both corporate and customer value. In the autumn of 2016, Bridgestone reached agreement with labor unions to shorten the working hours of non-shift...
Bridgestone Corp. (TYO:5108) Chairman and CEO Masaaki Tsuya has announced the tire manufacturer’s Mid-Term Management Plan (MTP) for 2017, with medium-term numerical targets largely unchanged from the MTP issued the previous year. The 2017 plan reiterates the 2016 MTP’s medium-term goals of a return on assets (ROA) of 6 percent, an operating profit rate of 10 percent, and a return...
