Visions - Spring/Summer 2013 - (Page 3)

EXECUTIVE VIEW Meet our New President and CEO Kazuhiro Takeuchi M r. Takeuchi arrived in April of this year to succeed Mr. Kano as President and CEO of Sumitomo Corporation of America and General Manager for the Americas. Mr. Takeuchi joined Sumitomo Corporation in 1978, and worked for Sumitomo Corporation of America in the 1990s and then from 2001 to 2005. His work ranged from business development to corporate coordination to corporate planning to risk management, eventually serving as Chief Financial Officer. Visions interviewed Mr. Takeuchi and invited him to share some of his thoughts with our readers. Your past Sumitomo Corporation positions have brought you to the United States twice already during your career. How do your previous rotations in the U.S. help you in your new position as President and CEO of SCOA? My two previous times here were very helpful. I am already familiar with the organization and many of the people, as well as American culture from my previous assignments. The less experience someone has with these things, the harder the transition to President and GM might be. In both previous assignments, I was involved in many projects that are still alive, so I’m familiar with their history, as well. However, a lot of business and investments have come along during the seven years that I was away, so I am trying to get up to speed with respect to them. But my previous times here have helped me a lot. What is the direction that you are pursuing as President and CEO of SCOA and GM for the Americas, and how do our four key industrial areas (oil & gas, infrastructure, lifestyle and consumer products, and natural resources and agricultural products) fit into that? Though I wasn’t involved with the creation of the plan that includes those four areas, I certainly agree with it, and I see where we have many opportunities to grow. The vision in those four areas is parallel with what I see for the future. How do you see the current U.S. economy affecting our business? Well, I believe that the U.S. economy is slowly improving now since the financial crisis in 2008. The recovery of the U.S. housing market and the increase in new car sales are strong indicators that things are improving. And when it comes to “The U.S. seems to have a solid economic foundation, making it relatively easier to do business here, than elsewhere in the world. Looking forward, shale gas discovery will have a large impact on the U.S. economy.“ growth, the U.S. seems to have a solid economic foundation, making it relatively easier to do business here, than elsewhere in the world. Looking forward, shale gas discovery will have a large impact on the U.S. economy. And this presents tremendous opportunities for us to build toward the future. Our shale gas ventures are an example of looking to the future of energy resources. What do you see as other possible areas of business expansion, with an eye to the future? We will be studying opportunities in the four key industrial areas, and it depends on those markets as well. Consumer and retail business certainly offer big opportunities.We’re already going after those markets in the U.S. with businesses like TBC and Hartz Mountain.We know that the U.S. is the biggest market in the world, and will continue to be that way. So there are many opportunities in retail and consumer-related business here in the U.S., and we can expand them to other areas in the Americas. Separately, we’ve already created the foundation for, say, the construction equipment business, and we can adapt and apply that business model to other business areas in the Americas. I believe there is an opportunity to take the same kind of business model we developed here in the U.S., and use it in Mexico and South America, especially Brazil. As General Manager for SC Americas, what do you think is our focus in South America, specifically in Brazil, going forward? We’ve been there for almost 60 years, and yet we’ve not created much business in South America. It was difficult for a Japanese-based trading company to do business in those Sumitomo Corporation of America 3

Table of Contents for the Digital Edition of Visions - Spring/Summer 2013

Visions - Spring/Summer 2013
Contents
Meet our New President and CEO Kazuhiro Takeuchi
Bringing Global Expertise and Foresight to Tubular Market
Our Subsidiary OCTG Distribution Companies Earn Biggest Market Share
SCOA Teams Up with HOWCO for Oil Field Materials and More
SCGTS Creates Value Through Service Integration
Midstream and Downstream Services Business Serve Line Pipe & Specialty Tube Demands
Management Synergy & Coordination Helps Our New Oil & Gas Working Group Put All The Pieces Together
Shale Gas and Tight Oil Projects Look to the Future
NSI Crankshaft Finds New Business In Oil and Gas Exploration
Steel and Non-Ferrous Metal Group Supplies Offshore Drilling Operations
Unique Machine Prospers in Alaska
Construction Equipment Business Serves Oil Sand Project Needs
Pacific Summit Energy Experiences Energy Trading and Marketing Success
Analysis and Prevention are the Keys to Success for Tubular HSE

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