18 April 2023 Event

Review Q1 2023: Commitment to Achieve Operational Excellence

Jakarta  ̶  PT Traktor Nusantara held its annual activity, namely Review Quarter 1 (Q1) 2023 Branch Operational & Head Office. The Main Purpose of the 1st Quarter 2023 Review is to review the Company's business activities and demands during the first quarter of 2023. This activity was carried out on April 10-13, 2023. It was carried out online, in total, by the Board of Directors, General Manager, Managerial and Branch Operation Head as a participant in the 2023 Q1 Meeting.

Review q1 2

The event was opened with remarks from Harijadi Mawardi, the President and Director of PT Traktor Nusantara. "This Q1 review is a series of our management process, starting from the National Management Meeting in November 2022, followed by the preparation of a master budget for one year, then this April we are conducting a Q1 review," explained Harijadi in his remarks.

The event continued with remarks from Handi Wibowo, the President Director of PT Swadaya Harapan Nusantara (SHN). In his speech, he conveyed that the purpose of this Q1 Review activity was to measure the steps that had been planned last November. To maintain the goals set at the National Management Meeting, it is necessary to have effective cost control, anticipation of market changes and inflation, and good coordination. Handi Wibowo added, "I hope we will keep fighting hard towards our goals, where as soon as we see an opportunity to be able to achieve more, coordinate immediately so we can achieve what we can achieve today, not until tomorrow".

Review q1 3

Then, the event continued with presentations from each branch represented by the Branch Operation Head (BOH) on the first and second days. Then, for the third and fourth days, the Q1 Review event was followed by presentations from all departments at the Head Office.

Review q1 4

On the last day, David Raka Budi, the Director of Marketing, Human Capital & Sustainability, also added regarding the current conditions, "Sustainability is essential; Principal Toyota is targeting growth in forklift battery sales, as well as customers being asked by its stakeholders to convert some combustion machine becomes electric. So the opportunity is very open in front of us.

This agenda was closed by Kosuke Tokutomi, the Vice President Director of PT Traktor Nusantara, by reminding the importance of safety as a professional in business, especially to avoid work accidents.

With this activity, the Company will be able to evaluate ongoing operational activities, find out future business developments, and be able to take appropriate steps to improve business performance for the better in the future. Thus, the Company remains confident in achieving the target "Our 2023 Commitment". (RKA)

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