Category: Newsletters

As we come to the end of this calendar year, it is a good time to look back on our achievements and the major happenings of 2020.

I feel that I wrote my last newsletter intro just recently. Still, it seems to be already more than 3 months ago. I must say time is flying fast 😊! But then again while looking back, I can see that a lot has happened since July.

This is my first opportunity to write in our newsletter as the Division President of Yaskawa Environmental Energy (EED) and Chairman of the Board of The Switch. Needless to say, I am pretty excited about this new and challenging role at the company.

The fight against the coronavirus is taking a lot of extra time from all of us. But we at The Switch are well positioned to get past these temporary difficulties. Our factories are keeping up 100% production capacity. And we continue delivering our products as promised.

As we pause to spend time with our friends and family during the holidays, I wish you many warm regards. And I hope you, too, have a chance to recharge your batteries for an electrifying new year and exciting decade ahead!

This fall has been very busy finalizing new developments and bringing new products to the market. As the general market growth is slowing down, we have been grateful that our business has continued to proceed quite well.

Finland’s spring has warmed up to a hotter-than-usual summer up here in the North. Likewise, our fiscal year is proving to be warmer than anticipated. Thanks to several significant orders, we are heading toward a good year.

Our fiscal year is not the calendar year. Instead, it runs from March 1 through the end of February, as is typical for many Japanese companies. The Japanese new year starts with the blossoming of cherry trees. Similarly, our business has been flourishing, too. Our revenue has grown and our profitability improved during the past fiscal year.

As the calendar year comes to a close, it’s a good time to reflect on what the year has brought our way.

Summer has come to Finland, with some of the warmest and sunniest days we’ve had for a few years. So we’re preparing to enjoy the abundant light and renew our energy, spending time to reflect on upcoming developments and our journey ahead.

As of March 1, 2018, we became Yaskawa Environmental Energy Division with global responsibility in our selected areas of wind, marine and turbo/industry applications. For us, this now provides a good foundation to continue focusing on our mission to electrify the world with ultimate efficiency.