Medium-term Management Plan
(from the year ended March 2013 to the year ending March 2015)

Management Targets

2Year ending March 2015  Net sales ¥250 billion
Operating income ¥20 billion  ROE 8%
Year ending March 2016  Positive net cash position

Our Vision

Transformation to a well-balanced business structure
Break free of dependence on existing markets

Growth Strategy
 

Strengthen Our Earnings Structure

Develop super high-end
products for growth equipment
(Smartphones and tablet
devices, etc.)
Improve our break-even point

Targets by Product

Electronic Components CAPACITORS Achieve a 10% or higher operating margin Electronic Components FERRITE AND APPLIED PRODUCTS Achieve a 10% or higher operating margin Electronic Components INTEGRATED MODULES & DEVICES Achieve a 5% or higher operating margin

Net sales/Operating income

The Medium-term Management Plan target assumes a foreign currency exchange rate of U.S.$1 = ¥80.

Sales ratios of super high-end products

Net sales for the year ending March 2015 assume a foreign currency exchange rate of U.S.$1 = ¥95, amended from the Medium-term Management Plan assumption of U.S.$1 = ¥80 based on the forecast rate for the year ending March 2014.

Sales ratios in key target markets

Net sales for the year ending March 2015 assume a foreign currency exchange rate of U.S.$1 = ¥95, amended from the Medium-term Management Plan assumption of U.S.$1 = ¥80 based on the forecast rate for the year ending March 2014.

Medium-term Management Plan達成後目指す数値目標 売上高:3,000億円 営業利益:過去最高益* ROE:10%以上
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This website contains forward-looking statements. These forward-looking statements are not guarantees of future performance, and they involve inherent risks and uncertainties.
A variety of factors including changes in the business environment could cause actual results to differ materially from those in the forward-looking statements.