Last updated March 14, 2012
Long-Range Vision 2018 and 2014 Medium-Term Management Plan

GLORY will strive toward new goal for centennial anniversary.
GLORY has formulated the Long-Range Vision 2018 of its group companies, a management vision, and the 2014 Medium-Term Management Plan as the first-step to achieve the long-range vision.
The Long-Range Vision 2018 is set to define the long-term strategy toward 2018 which is Glory’s 100th anniversary and to provide motivation for GLORY group companies to move forward with a sense of unity to accomplish the goal. We will work together to achieve the performance target, that is, consolidated net sales:220 billion yen and consolidated operating margin:12%.
As to the 2014 Medium-Term Management Plan, we will work to promote a growth strategy and enhance profitability toward realization of the Long-Range Vision, aiming at achieving consolidated net sales of 180 billion yen and consolidated operating income of 18 billion yen in Fiscal 2014.
- Long-Range Vision and New Medium-Term Management Plan (Last updated February 27, 2012)
(99KB) - Material of the Long-Range Vision 2018 and the 2014 Medium-Term Management Plan (Last updated March 7, 2012)
(316KB) - Questions and Answers at the Investor Conference
(11KB)
Long-Range Vision 2018
- [Long-Term Basic Policy]
- Create new value through “superb manufacturing technique” and pursue dreams for the future
- Seek sustained corporate growth together with society through CSR activities
- [Long-Term Performance Targets(Fiscal 2018)]

- [Long-Term Basic Strategy]
- 1.Business Strategy
- Domestic operations: Capture untapped markets and introduce new products
- Overseas operations: Capture new markets and establish a profit-earning model in emerging economies
- New businesses: Establish operations in the non-money-handling field
- 2.Constitutional Strategy
- Develop pioneer technologies to become GLORY’s backbone and apply inimitable excellence in “manufacturing technique”
- Realize QCD (quality, cost, delivery) that supports the business strategy
- 3.Corporate Management Strategy
- Establish solid business infrastructure of the Group and develop global human capital
- Maximize synergies of Group management
2014 Medium-Term Management Plan
- [Medium-Term Basic Policy]
- Implement a growth strategy and strengthen profitability to achieve the Long-Range Vision 2018
- Achieve operating margin of 10% or higher (Fiscal 2014)
- [Medium-Term Targets(Fiscal 2014)]
- Management target
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- Performance targets

- [Medium-Term Basic Strategy]
- Domestic Business Strategy
- Expand profits in each domestic business segment
- Strengthen sales support capabilities and improve employee education scheme
- Create core products of next-generation
- Introduce new product and capture untapped markets through deeper market penetration
- Overseas Business Strategy
- Expand profits in the overseas business segment
- Establish a profit-earning model for each of direct sales/maintenance territory and indirect sales (distributor) territory
- New Business Strategy
- Expand electronic payment services and other new businesses
- Promote commercialization of the biometric authentication technology and conversation privacy protection technology

- [Constitutional Strategy]
- Product Development Strategy
- Promote profitable product development
- Strengthen development of core technologies
- Pursue global cost competitiveness
- Production and Procurement Strategy
- Strengthen functions of the mother factories
- Expand overseas production and reform cost structure in domestic production
- Quality Assurance Strategy
- Establish by-region and by-segment systems of quality assurance in overseas market

- [Corporate Management Strategy]
- Group Structure
- Strengthen corporate governance of the Group
- Realign and strengthen Group structure in accordance with the growth strategy
- Personnel Strategy
- Implement dynamic personnel management systems
- Develop and utilize human resources (such as building a diverse workforce)
- Promote work-life balance
- Capital and Financial Strategy
- Improve capital efficiency and implement appropriate shareholder returns
- Capital and Financial Strategy
- Enhance corporate ethics
- Pass on and instill the GLORY DNA(*1)

*1 GLORY DNA: a spirit of continuously developing new products and services that contribute to the public good
2011 Medium-Term Management Plan 【FY2009-FY2011】
- 2011 Medium-Term Management Plan 【FY2009-FY2011】(Lastupdated April 1,2010)
(231KB)
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