New position to drive commercialization of DataLase business
Tokyo, October 10, 2017 – SATO, a leading global provider of Auto-ID solutions that empower workforces and streamline operations announced that it appointed Atsushi Suzuki as CTIO (Chief Technology & Innovation Officer). The CTIO position was newly created and will report directly to the CEO with the mission of accelerating commercialization of the inline digital printing (IDP) business and growth of future core businesses.
Suzuki holds a PhD in engineering from MIT and has 35+ years’ experience with numerous companies in Japan and the United States. In addition to Japanese manufacturers like Konica Corporation (currently Konica Minolta, Inc.) and Kobe Steel, Suzuki also has professional experience at numerous companies including Polaroid and Brooks Automation, where he was tasked with team management and business development for acquired companies. His experience as vice president at ZINK Imaging, a full-color printing technology venture, spun out from Polaroid, involved leading R&D and business development for its inkless printing technology. SATO expects these valuable skills will help it deliver on the promise of its IDP business.
SATO acquired the IDP business and added it as a core pillar to its mid-term plan in 2017. The Group set as its objective to establish sustainable growth and profitability of its “revolutionary materials” business comprising Econano and the IDP color-change pigment. Suzuki will lead the IDP business worldwide with his deep understanding of new technologies and business promotion to realize the SATO Group mid-term objectives.
“My mission is to commercialize the IDP technology with speed,” said SATO Holdings CTIO Atsushi Suzuki. “I am confident I can utilize my background in business and tech development to contribute to sustainable growth for the SATO Group. I believe SATO’s business culture of ‘ceaseless creativity’ aligns with my own and I am committed to driving innovation that meets the needs of modern customers.”
“Bringing on seasoned professionals like Atsushi Suzuki helps us execute our mid-term plan by generating synergy between existing solutions and new technologies like IDP,” said SATO Holdings President and CEO Kaz Matsuyama. “As the world around us changes rapidly, it is a matter of corporate survival that we innovate to stay ahead.”
SATO (TOKYO:6287) bridges the last inch of the last mile for customers by integrating Auto-ID technologies and revolutionary materials to tag and track items, ensuring inventory visibility for improved user experience and business results. Engineering solutions that unleash the power of IoT, SATO provides value to customers in the form of accuracy, sustainability, labor and resource savings, reassurance and emotional connections. For the fiscal year ended March 31, 2017, it reported revenues of JPY 106,302 million (US $980 million*). More information about SATO can be found at www.satoworldwide.com or on linkedin and twitter.
*Conversion is based on an average exchange rate of 1 US Dollar = 108.34 Japanese Yen