Reviewing the First Year of Our Mid-term Business Plan

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The keyword of our Mid-term Business Plan that we announced in February 2003 is "From Restructuring to Growth", by which we mean we are nearing completion of our business restructuring activities and are aiming next for growth and expansion.

Outline of Our Mid-term Business Plan (FY ‘03~FY ’05)

Our top priority is to become “No.1 in Customer Satisfaction”. We have changed our traditional business model and are focusing on profitability, not sales volume.  We have set clear, separate business strategies for each of our business segments to enable quick response to changes in global business environment and aim for further growth. Our mid-term profit targets are to achieve No. 1 profitability in the industry and to lower our debt-to-equity ratio to under 1.0, which we consider to be a symbol of a healthy financial structure.