By Tatsuya Sasaki / Yomiuri Shimbun Senior Writer The corporate history of JXTG Holdings, Inc. a major group of companies led by the largest petroleum company in Japan can be described as a history of restructuring. When and why is restructuring necessary? For this installment of Leaders, a column featuring corporate management and senior executives, The Yomiuri Shimbun asked Representative Director and Chairman of the Board Yukio Uchida about what is key for successful restructuring.
The utmost goal for restructuring is to build a competitive company in the global market.
With the liberalization of petroleum product imports having been introduced in a globalizing economy, our survival depends on competition with foreign companies. Due…
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