On being appointed as director
Hello, everybody. I am Shusaku Yamada. I will work hard to fulfill my duties in order to push Kyokuyo to top company among the middle-sized Japanese shipyard in terms of technical capabilities, financial status and human resource.
My first mission is to build a solid base for the company to become a prominent and long-lived shipbuilder. While shipping market has been in boom and many of our competitors have been desperately trying to enhance building capability, Kyokuyo's investment has gone to cost-saving technology and equipment-life prolongation. It will be an exciting challenge to prove our strength in the stalled market.
Secondly, as the person in charge of purchasing, I would like to stress the importance of redefining and refining the material buying strategy. Now that upward pressures due to financial speculation and overheated demand were gone, material prices look dropping back to the previous level. It is crucial to get the correct timing and price to buy for ensuring company's profitability.
In addition to the above, my missions include, obviously, to implement "For our future. Re-challenge 2010" plans in coming year, as the head of Corporate Strategy Office.
To be frank with you, I am having a mixed feeling of excitement and anxiousness. You may know and I know very well that I am only a simplistic, short-tempered and indiscreet man. I sincerely hope that you will continue to give me your kind support so that I can accomplish my ultimate goal that is to leave a unique, competitive and sturdy shipbuilding company to younger generations.
November 01, 2008
General Manager of Material Purchasing Division
Head of Corporate Strategy Office