CEO Takeshi "Tak" Niinami joined Suntory in 2014. I'm sure he was in a hurry (laughs) -- there was a huge amount of cash and all debt. But I would say five years from now, we will think about producing products like nutritional products and probably more soft drink or less alcohol content product in China. We have some small business already in China, but more and more, I sense that even younger generations in those countries are shifting towards health consciousness. Now, as workplaces reopen, Suntory executives say it could be the key to effective hybrid working for the 40,000-strong global workforce. If not for that, I would've stayed stuck in the same wage loop," Tokiyoshi, now 54, told CNN. CEO Takeshi Niinami is weighing a 6% raise for its Japanese workforce of approximately 7,000 people, according to a spokesperson, adding that it was subject to negotiation with a union. Sunday 01:00, 03:00, 06:00, 09:00, 16:00, 18:00, 20:00. Prior to joining Suntory in 2014, Tak served as CEO of Lawson, Inc., which he grew into one . But it also led the company with a huge pile of debt. That happened almost 15 years ago. There was the conflict between how to manage the entire fleet of Suntory's spirits business. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. For one, Japan has long grappled with the opposite of what it's facing now: "For the past 20 years, basically, there has been no change in consumer price inflation," said Mge Adalet McGowan, senior economist for the Japan desk at the OECD. Japn necesita aprovechar su tecnologa e influencia para comunicarse con todos los pases asiticos e impulsar el cambio en el continente con premura. But there was a huge cultural gap, because Suntory was not fully ready to be global. Chairman, Committee to Support Tokyo 2020 Olympic and Paralympic Bid, as a representative of the business community. Got a confidential news tip? Communications Manager APAC, CNBC InternationalD: +65 6326 1123M: +65 9852 8630clarence.chen@cnbc.com. In 2021, the average annual paycheck in Japan was $39,711, compared with $37,866 in 1991. Suntory Holdings, the acquisitive Japanese drinks group, has poached Takeshi Niinami from convenience store operator Lawson to be its first chief executive from outside the founding family. Christine: Suntory's also Japan's third largest beer brewer. Ganarnos su confianza es muy importante para mantener la licencia social para operar. But how to compromise or to take the good parts? Niinami: There is still a growing need for a premium beer in this country. What else are you doing to improve your balance sheet? Discover short videos related to Takeshi Niinami on TikTok. By 2030, our sales target is US$40 billion dollars and 60 percent of sales will come from overseas. On Sept. 9, he was arguing that Japan needed to rid itself of its lifelong employment and service time-based salary models, and used mandatory retirement at age 45 as a concrete example of how to do this. Es la manera de ayudarles a sentir en carne propia y entender la idea de sostenibilidad de Suntory. Tambin estn experimentando un crecimiento, y los consumidores de esos pases, naturalmente, quieren aprovechar los beneficios del desarrollo; muchos de ellos, lo experimentan por primera vez. Christine: You're 60 years old, you graduated from Harvard, you've been described as internationally minded, one of the most internationally minded executives here in Japan with close ties to Prime Minister Shinzo Abe. Nikkei supesharu kanburia kyden (2007)as Himself, Nysu mningu sateraito (2012)as Himself, President, Lawson, Your email address will not be published. As an OMOROI** corporate group, we will create new value with the founding spirit of Yatte Minahare and Giving back to society in our hearts, and uniquely continue innovating and taking on new challenges to inspires the brilliance of life. Se necesita perseverancia, y tenemos que ser completamente transparentes y honestos con nuestros grupos de inters con respecto a dnde estamos y cmo pretendemos cerrar las brechas para llegar a donde queremos estar. Ahora bien, es algo que debe abordarse y resolverse en aras de lograr un progreso colectivo respecto a los objetivos de sostenibilidad. Chairman, Committee on Americas-Japan Relations. ", When asked at a Sept. 10 press conference about what he meant, Niinami said, "45 years old is a turning point, and it's important for people to rethink their lives then. So, within five years' time, the dollar gross margin will pick up at least 5 percentage. So that's the strong direction always, he gives me. He worked for trading house Mitsubishi Corp. <8058> before becoming president of convenience store chain Lawson Inc. <2651> in 2002 at age 43. uniqlo ceo email address uniqlo ceo email address. What about India? All Rights Reserved. Christine: And how do you do that, by cutting costs? I mean, we really respect Kirin. Niinami: That's right. So, I always like to find the different ways to approach things. En ese sentido, creo que Suntory tiene una base slida en el ncleo de su filosofa de gestin desde la que salir al mundo ofreciendo buenos productos que den alegra a los consumidores, y, al mismo tiempo, contribuir a la sostenibilidad global. Tak Niinami is the Chief Executive Officer of Suntory Holdings, one of the world's leading consumer products companies with operations throughout the Americas, Europe, Asia and Oceania. Apple Google Spotify. SHARE. He discusses the election of . TOKYO -- People should have to retire at age 45 from their company as part of post coronavirus pandemic economic recovery plans, Japanese beverage giant Suntory Holdings Ltd. CEO Takeshi Niinami stated recently, sparking a swift and furious social media reaction. Bezoek ons ook op Facebook. La poltica pblica y las reglas mundiales son necesarias para garantizar una igualdad de condiciones en la que sea posible innovar. February 15, 2023, 10:11 PM. I was in the silo, always. He thought he got that fully agreed. Copyright (C) The International House of Japan, Inc. 2020 U.S.-Japan Creative Artists Fellowship Program. Takeshi Niinami: India and China. LOS ANGELES, May 22, 2022 At the 2022 Asia Society Southern California Annual Gala, U.S.-Japan Council founding chair Thomas Iino presents the "Business Visionary" award to Suntory CEO Takeshi Niinami for Niinami's peerless leadership in the Japanese business community. So, we can expand geographically. We need good quality water and really good people to brew a premium beer. Niinami sought to demonstrate that the measure would spur workers to move into growth industries and rejuvenate corporate organizational structure. Suntory Group offers a uniquely diverse portfolio of products from premium spirits, beer and wine to brewed teas, bottled water, carbonated soft drinks, ready-to-drink coffee and energy drinks, along with health and wellness products.<br><br>I'm proud to lead our growth in a wide range of . In China, Baijiu is a still big giant. And I was in a hurry to restructure the governance. CNBC is the leading global broadcaster of live business and financial news and information, reporting directly from the major financial markets around the globe with regional headquarters Singapore, Abu Dhabi, London, and New York. We accomplished the first phase - to be one. Data is a real-time snapshot *Data is delayed at least 15 minutes. Hideya Tokiyoshi, a teacher in Japan, told CNN he had barely seen his salary go up over the last 30 years. In 2021, nearly 40% of Japan's total workforce was employed part-time or worked irregular hours, up from roughly 20% in 1990, according to McGowan. As a matter of fact, Suntory culture definitely comes from Japanese culture which thinks more of nature. Gracias a que tenemos una gran cartera, podemos lograr un equilibrar entre lo malo y lo bueno. Even. So, that is of a tailwind to win again. "I feel lucky, as writing and selling books gives me an additional income stream. So, ambiguity and clarity, does not make productivity. U.S. team Pernot, U.S. team Diageo - what they don't have is Japanese flair, Japanese culture. Sign up for free newsletters and get more CNBC delivered to your inbox. We increase the increase to the operation capability. Takeshi Niinami is the Chief Executive Officer of Suntory Holdings, one of the world's leading consumer products companies with operations throughout the Americas, Europe, Asia and Oceania.. Mr. Niinami started his career in 1981 at Mitsubishi Corporation. Takeshi Niinami: I was so much attracted to Gary Saji, now Chairman of Suntory Holdings, because he has big dreams and huge aspirations to be global, leveraging the strength of Suntory which come from a 120-year legacy. Niinami: First of all, I tried to convince people in Japan to be clear cut, to communicate with Beam people, whereas I told the Beam management that this is Japanese culture. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Tak Niinami is the Chief Executive Officer of Suntory Holdings, one of the world's leading consumer products companies with operations throughout the Americas, Europe, Asia and . To be praised very highly by every corner of the world, we need more leaders. Niinami: That's right. Niinami: As for acquisitions, I don't think anything is on the table. Joining the show to discuss is Suntory CEO Takeshi Niinami. Para ser una empresa global, debes tener muy definido quin eres. Takeshi Niinami is a businessperson who has been at the helm of 5 different companies and currently holds the position of President & Representative Director at Suntory Holdings Ltd. Japanese Prime Minister Fumio Kishida is urging businesses to hike pay and help workers keep up with the higher costs of living. Where was it coming from? Last month, Kishida warned the economy was at stake, saying Japan risked falling into stagflation if wage rises continued to fall behind price increases. But the Captain should have the "where to go", "how to go", should be consulted, and should be decided by the parent. Christine: But what is behind this whisky shortage? Mr. Niinami started his career in 1981 at Mitsubishi Corporation. Ours is one hundred years. So, my apologies. When his comments were reported, however, social media users poured scorn on the Suntory head, with responses including, "It's impossible for regular people to change jobs at age 45," and "This is just a lay-off scheme. CNBC.com is the preeminent financial news source on the web, featuring an unprecedented amount of video, real-time market analysis, web-exclusive live video and analytical financial tools. Tokyo, Dec. 12 (Jiji Press)--The Japan Association of Corporate Executives, or Keizai Doyukai, decided on Monday to appoint Suntory Holdings Ltd. President Takeshi Niinami as its next chairman. To effective hybrid working for the 40,000-strong global workforce 16:00, 18:00, 20:00 demonstrate. 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