Approaching the Final Year of Our Mid-term Business Plan
(FY 2003 ~ FY 2005)

[Prev] - [INDEX] - [Next]

Strategies for Achieving the Targets for the Final Year of the Mid-term Business Plan (FY 2005)

Industrial Machinery Bearings 1. Implementation of price increases and expansion of marketing efforts to the industrial machinery sector and the aftermarket 2. Expansion of production capacity to respond to demand (e.g. roller bearings) 3. Reinforcement of marketing efforts in China --- Strengthen the marketing infrastructure by establishing a sales company, etc. Industrial Machinery Bearings 1. Expansion of production capacity to respond to new orders and production increases --- HUB bearing units, Needle bearings, EPS, etc. 2. Review of pricing strategies to absorb the effect of rising steel prices 3. Improve productivity --- Improve labor cost efficiency, reinforce supply chain management, etc. Precision Machinery and Parts 1. Implementation of price increases --- Expand the scope to mid ~ small sized customers and the aftermarket 2. Improvement of market mix --- Expand sales to industries with little demand fluctuations     (e.g. automotive production equipment, medical, food, etc.) 3. Promotion of BEP improvement activities