January 1 is right around the corner, and I always welcome the New Year. For me, it’s not a time to reflect about the past, but to look forward - a new beginning. Like many, I make New Year’s resolutions and try to keep them as long as possible. However, this New Year is going to be something special for me. It will be my first “New Year” at Toshiba, and I’m excited about my personal growth here.
Although a company can’t necessarily make New Year’s resolutions, Toshiba Electronic Devices & Storage Corporation executive management outlined a plan for the upcoming year; a New Year’s resolution of sorts. During an Investors’ Day¹ in November, Hiroshi Fukuchi, President and CEO of Toshiba Electronics Devices & Storage Corporation, shared the company’s 2020 goals. Fukuchi-san wants to grow Toshiba’s enterprise/nearline market share to 20% in FY2021.
Goals are easy to set; harder to achieve. With that idea in mind, Fukuchi-san presented a brief, but clear outline of some of the key targets necessary to achieve the 2020 goal. Some of the targets listed included continuing development of next-generation high capacity nearline HDDs, expanding nearline HDD production capacity, broadening the surveillance HDD portfolio, and strengthening market share and presence in China/Asian markets. The company also increased its FY2021 CAPEX budget in order to support Fukuchi-san’s goals.
I believe that 2020 will be an exciting year for both Toshiba and me. A new year full of expectations and promises. For me, I will try my best to keep my New Year’s resolutions as well as contributing to the team’s efforts to meet Toshiba’s resolution of 20% market share for 2020 (20 for 20).
1 The presentation contained forward looking statements. These statements are not historical facts; rather, they are based on assumptions and judgements formed by the management of Toshiba Group in light of currently available information. They include items that have not been finally decided at this point and future plans that are yet to be confirmed or that require further consideration.
To view the full presentation, please visit http://www.toshiba.co.jp/about/ir/en/pr/pr20191114.htm
The views and opinions expressed in this blog are those of the author(s) and do not necessarily reflect those of Toshiba America Electronic Components, Inc.