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In the third mid-term business plan (for fiscal 2006 to 2008), by holding a slogan "Aiming at a reliable global supplier (manufacturing is attained from the development of human resources)", we are tackling with 8 tasks: development of human resources, quality-first operation, building of overseas capacity, improvement-proposing sales force, overall cost restructuring, development of new products, strengthening of environmental control, and strengthening of the internal control system. In addition, we are taking a more forward-looking attitude, speeding restructuring and decision-making.
For us the year 2008 was one for "paving the way for creation of a corporate culture that contributes to global social development through manufacturing." Under this slogan we bent our energies steadily to "building of human resources and product quality." On a consolidated account basis, our sales for fiscal 2007 ended March 2008 was ￥51,924 million, the operating profit was ￥2,575 million, recurring profit ￥1,232 million, and the net profit was ￥532 million. For half of fiscal 2008, sales were ￥26,975 million, the operating profit was ￥844 million, recurring profit ￥675 million, and the net profit was ￥224 million.
We will start the new mid-term business plan and promote our business centering on the "building of human resources and product quality."
We will not only succeed to and make use of tangible and intangible assets of your company but make them grow by adding new values. Amidst mounting worldwide competition we will further hone out manufacturing skill and develop new rewarding products speedily and timely in an attempt to limitlessly adding to the value of your company.
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President and Representative Director
Hiroshi Yoshinaga |
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