cables manufactures

SWCC SHOWA CABLE SYSTEMS CO.,LTD.

As part of the re-structuring of the Company, SWCC SHOWA CABLE SYSTEMS CO.,LTD. have carried out various measures to rationalize the management including consolidation of the subsidiaries, streamline of the administrative functions and relocation of the head office under the previous Mid – Term Business Plan 2016 to 2018. Simultaneously SWCC SHOWA CABLE SYSTEMS CO.,LTD. have concentrated SWCC SHOWA CABLE SYSTEMS CO.,LTD. resources to strengthen the development and sales promotion for the fields of automobiles, railways, roads, disaster prevention and mitigation and healthcare. As a result of these efforts, SWCC SHOWA CABLE SYSTEMS CO.,LTD. recorded consolidated operating profit of 6,276 million Japanese yen (i.e., 48.2% increase for the previous financial year) on the net sales of 168,186 million Japanese yen (i.e., 8.3% increase for the previous financial year). In achievement of the Mid – Term Business Plan 2016 to 2018 earlier than planned, SWCC SHOWA CABLE SYSTEMS CO.,LTD. have announced on 11th May 2018 SWCC VISION 2026 which portrays the ideal configuration that SWCC SHOWA CABLE SYSTEMS CO.,LTD. desire to achieve by 2016, as SWCC SHOWA CABLE SYSTEMS CO.,LTD.ll as Change SWCC 20222, the new Mid – Term Business Plan for 2019 to 2022 including new corporate social responsibility (CSR) policy. It is clearly stated that SWCC SHOWA CABLE SYSTEMS CO.,LTD. will change in response to the market environment and thus maximize the corporate value in order for all shareholders and all other stakeholders to appraise its ability of the Company. For that purpose, SWCC SHOWA CABLE SYSTEMS CO.,LTD. will also undertake the various measures to become the Company capable of truly contributing to the sustainable development of the society. Firstly, SWCC SHOWA CABLE SYSTEMS CO.,LTD. will continue to carry out further re-structuring of the Company encountering the consolidation and re-organization of sales, production, logistics and stock yard, re-organization of Group Companies, enhancing the collaboration with other companies. At manufacturing sites, SWCC SHOWA CABLE SYSTEMS CO.,LTD. will endeavor to further improve the production efficiency by combining the SPS (Showa Production System) activities cultivated in long term with IOT technologies. Simultaneously, SWCC SHOWA CABLE SYSTEMS CO.,LTD. will promote the work style innovation so that all employees can demonstrate their potential abilities and derive the satisfaction from the work. SWCC SHOWA CABLE SYSTEMS CO.,LTD. have established the Corporate New Business Development Department that directly report to the President which will focus on the creation of the new business in the fields of electric vehicles, automotive components, factory automation and healthcare. The new department will actively invest in development of the new technologies activating the basic technologies of SHOWA. Thus SWCC SHOWA CABLE SYSTEMS CO.,LTD. will endeavor to increase the operating profit on sales accelerating the product development through open innovation and collaboration with other companies. Furthermore, SWCC SHOWA CABLE SYSTEMS CO.,LTD. will actively and efficiently collaborate with Chinese business partner Futong Group Co., Ltd. to meet the growing demand for high-quality copper materials, coils and other components in the market in China that is being spurred by the ongoing rapid shift to electric vehicles. Then SWCC SHOWA CABLE SYSTEMS CO.,LTD. will endeavor to increase its value of the overseas business activities. Moreover SWCC SHOWA CABLE SYSTEMS CO.,LTD. have started the wire harness production in Vietnam to meet the increasing demand in Southeast Asian Countries, particularly from Japanese Electric manufacturers. SWCC SHOWA CABLE SYSTEMS CO.,LTD. will quickly transfer the technologies for wire harness manufacturing to the new factory in Vietnam so as to contribute to increase the sales and profit.

Head office location:

Cube Kawasaki Building 2F,1-14,Nisshin cho,Kawasaki-Ku, Kawasaki City,KANAGAWA 210-0024 JAPAN

official Website address

Categories: cables manufactures

Leave a Reply