Rohm Semiconductor of Japan Appoints New President and CEO Amidst Projected 12-Year First Fiscal Year Deficit
2025-01-21 / Read about 0 minute
Author:小编   

Rohm Semiconductor of Japan has announced that Tougo Higashi will assume the role of President and CEO, succeeding Isao Matsumoto, effective fiscal year 2025. The company anticipates a net loss of 6 billion yen for fiscal year 2024, marking its first full-year deficit in 12 years since fiscal year 2012. Higashi emphasized the need for the company to undergo reforms in order to restore profitability, suggesting potential measures such as plant restructuring and workforce adjustments. Despite still having best-selling products, the company acknowledged that its unique product offerings have become increasingly scarce.