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Grand Design 100 Medium-Term Management Plan: Summary
Tackling Bold Goals
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Our Grand Design 100 Medium-Term Management Plan covers a 12-year span that extends to our corporate centennial in 2017— (fiscal year to March 31, 2018). The chief quantitative targets in Grand Design 100 are to achieve net sales of ¥1 trillion and operating income of ¥100 billion—10% of net sales.
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We have articulated a corporate vision in Grand Design 100 that calls for evoking a distinctive global identity in building corporate value and in building a strong market presence. Our basic policy for fulfilling that vision centers on delivering the best products at competitive prices and on time, on asserting world-class strengths in technologies for protecting the environment, and on fostering a customer-oriented corporate culture that honors rigorous standards of corporate ethics.
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Grand Design 100 comprises four three-year segments, and we establish targets for each segment as benchmarks of our progress. Phase I of Grand Design 100 covered the three years to March 31, 2009, and Phase II, which got under way on April 1, 2009, covers the three years to March 31, 2012.
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Summary of the New Management Plan
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| Vision |
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| 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) |
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Net sales: ¥1 trillion
Operating income: ¥100 billion
Operating return on sales: 10% |
| Basic Policy for Fulfilling Vision |
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- 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.
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