Kyocera Named by IndustryWeek As One of World's 100 Best-Managed Companies
SAN DIEGO, CA August 15, 2000 Kyocera Corporation is on the fifth annual list of IndustryWeeks 100 Best-Managed Companies, as chosen by the editors at IW and a panel of international experts. The report will appear in the August 21, 2000 issue of IndustryWeek magazine.
Candidates for IndustryWeeks 100 Best-Managed Companies were culled from the IndustryWeek 1000, a list of the worlds largest publicly held manufacturing companies based on revenues. Waltham, MA-based Primark Corp. supplied the data for the IW 1000, which was published in June.
Each company was selected after a lengthy evaluation that included the following four steps: analysis of the companys financial performance; review of a questionnaire that each IW 1000 company was given an opportunity to complete; research into each companys practices in areas such as philanthropy and safety; and voting by a panel of more than 90 business leaders, analysts, and academicians.
IndustryWeeks 100 Best-Managed Companies are the worlds leaders in innovative management strategies, said John Brandt, publisher and editor-in-chief of IW. Their emphasis on long-term growth makes them models for every corporation.
Twenty companies that appeared on the IW list in 1999 do not appear on the list this year. Seventeen companies appear for the first time; 24 for the second time, 17 for the third time, and seven for the fourth time. Of the 13 countries represented on the list, the top three are the U.S. with 74; Japan, six; and Germany, four.
IndustryWeek magazine is dedicated to covering the complexities of managing a manufacturing company in todays New Economy for senior management. The magazine, which has more than 850,000 readers, is published by Penton Media, Inc. (NYSE:PME), a diversified business media company that publishes magazines and electronic information products, produces trade shows and conferences, and provides marketing and business development products and services, including direct mail lists, research, and custom printing. Copies of IW can be ordered through its customer sales and service department at 800-326-4146.
Kyocera Corporation, the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of advanced ceramics. By combining these engineered materials with metals and plastics, and integrating them with other technologies, Kyocera has become a leading supplier of solar energy systems, telecommunications equipment, semiconductor packages, electronic components, cameras, laser printers and copiers. During the year ended March 31, 2000, the companys net sales totaled 812 billion yen ($7.9 billion) with net income of 50 billion yen ($489 million).