Business News
Sakae Sagane retires
Friday 29. June 2018 - Sagane turned Mimaki into a reputable global brand and a major industry player in Europe, the Middle East and Africa
Mimaki, a leading manufacturer of wide-format inkjet printers and cutting systems, today announced that its Chairman, Sakae Sagane, who also served as Executive Vice President for Mimaki Engineering Company, has retired effective 28 June 2018, after leading Mimaki Europe since 2005. Sagane grew Mimaki Europe from a small Mimaki subsidiary to the business unit contributing the most revenue compared to other Mimaki subsidiaries. Under his leadership, Mimaki Europe grew its network of dealers and distributors across the region, completed the acquisition of Mimaki-nbn GmbH in 2008 (now Mimaki Deutschland), and established Mimaki Eurasia in Turkey to more specifically address the needs within that region. In addition, Mimaki Europe positioned itself as a major industry player under his leadership, strengthening its position in signs and display graphics and textiles, while also beginning to establish a foothold in 3D printing. Annual turnover for Mimaki Europe was 46 million in 2006, growing to 125 million by the end of Mimakis fiscal year in March 2018, contributing more than 31% of total Mimaki turnover.
“Mimaki Europe has truly prospered under Saganes leadership, as have our customers,” said Yuji Ikeda, Managing Director at Mimaki Europe. “His vision took us from a small regional player to a force to be reckoned with in the markets we serve. This includes several acquisitions and our joint venture with Bompan in Italy that have enabled Mimaki to become a total solutions provider with an end-to-end ecosystem of solutions for the growing digital textile printing market. He also helped us successfully navigate through and overcome the difficulties of the European debt crisis. Mimaki Europe started out with only 5 employees back in 2005 and this number has grown to more than 100 today. We sincerely thank him for his many years of service. He will be missed.”
“The time I spent developing Mimaki Europe has been extremely rewarding,” Sagane said. “We have an outstanding team that has been a delight to work with, and a cadre of loyal and innovative customers that both pushed us to higher performance levels and rewarded us with their business. It is with mixed emotions that I leave this vibrant and growing business to take on the next phase of my life.”