Management Plan : Grand Design 100

Last Updated: April 10, 2015

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Grand Design 100 Medium-Term Management Plan: Summary

Tackling Bold Goals

We launched Grand Design 100 in 2006 as a medium-term management plan for the 12 years to our corporate centennial in 2017. The plan sketches a vision for evoking “a distinctive global identity in building corporate value and in building a strong market presence by 2017.” Our original financial targets were to achieve annual net sales of ¥1 trillion and operating income of ¥100 billion by 2017 and thus achieve an operating profit margin of 10% by that year.

Grand Design 100 comprises four three-year phases, and we completed Phase III in 2014. Our aggregate, three-year targets in Phase III were ¥1,800.0 billion for net sales, ¥150.0 billion for operating income, and 8.3% for operating profit margin. We exceeded the latter two targets with operating income of ¥165.4 billion and an operating profit margin of 9.3%, though our net sales of ¥1,786.6 billion were slightly below our target. We are tackling Phase IV with an eye to achieving annual net sales of ¥770.0 billion, annual operating income of ¥80.0 billion, and an operating profit margin of 10.4% by 2017.

Summary of the New Management Plan
 
Vision
Evoke a distinctive global identity in building corporate value and in building a strong market presence
Long-Term Financial Targets (year to March 31, 2018)
Net sales: ¥1 trillion
Operating income: ¥100 billion
Operating return on sales: 10%
Basic Policy for Fulfilling Vision
  • Deliver the best products at competitive prices and on time.
  • Assert world-class strengths in technologies for protecting the environment.
  • Foster a customer-oriented corporate culture that honors rigorous standards of corporate ethics.

Grand Design 100 Growth Aspirations

The Positioning of Phase IV in Grand Design 100

The Positioning of Phase IV in Grand Design 100

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