Ownership and Governance
Hiroshi Kurihara, Chairman, Landis+Gyr AG
Landis+Gyr, an independent growth platform within the Toshiba Corporation, is a leader in the global metering and solutions industry. The company functions with a board governance structure including representatives from its shareholders—Toshiba Corporation (60% ownership stake) and the Innovation Network Corporation of Japan (INCJ) (40% ownership stake).
Landis+Gyr and Toshiba’s ambition is to contribute to tomorrow’s Smart Communities by offering the technology for a secure and efficient energy infrastructure while providing the greatest flexibility in integrating renewable sources and intelligently balancing supply and demand.
In 2013/14 Landis+Gyr and Toshiba Corporation strengthened their undisputed position as the leading one-stop provider of future Smart Community solutions by combining their expertise and unique technology portfolio and addressing new business development opportunities. Joint collaboration in the areas of R&D, components as well as business development and marketing was intensified. Fast-growing market demand and new customer needs were identified, especially in the areas of Micro Energy Management Systems (μEMS), interoperability and the integration of complementary technologies, as well as for enhancing existing infrastructure with state-of-the-art Head –End (HES) and Meter Data Management Systems (MDMS). Beyond these application fields, the two companies are working on new products and solutions to bring the vision of smart communities nearer to today’s society.
Working closely with the highly experienced and skilled management team bolsters my confidence that Landis+Gyr will successfully navigate through the current market turmoil caused by structural change, the ongoing replacement of fossil fuels with renewable energy sources, and the constraints on public-sector investment spending. It is important the company steadfastly implement its strategy as a front-runner. In this context we are particularly pleased to have received Frost & Sullivan’s 2013 AMI Company of the Year Award for demonstrating out-standing achievements and superior performance in areas such as leadership, technology innovation, customer service, and strategic product development. This award underscores the company’s ability to win major new contracts with utilities across the globe, which include the two largest Smart Meter roll outs to date. British Gas and, in partnership with Toshiba, Tokyo Electric Power Company (Tepco). All of us at Toshiba congratulate and thank Landis+Gyr for these major achievements.
Hiroshi Kurihara, Chairman Landis+Gyr AG
Landis+Gyr follows the highest principles of business ethics and conduct. The company competes aggressively yet fairly with its competitors and customers in a transparent and ethical manner at all times. The company expects its employees and suppliers to follow these principles not only to the letter but also the spirit within which these principles were created.