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Last updated March 14, 2012

Long-Range Vision 2018 and 2014 Medium-Term Management Plan

Net sales

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 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)]

Consolidated net sales:220 billion yen, Consolidated operating margin:12%

[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

ROE(on a consolidated basis):6% or higher

 Performance targets

Consolidated net sales:180 billion yen, Consolidated operating income:18 billion yen, Overseas sales ratio:30% or higher

[Medium-Term Basic Strategy]
 Domestic Business Strategy

Sales by business segment

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

  Corporate Governance

Realign and strengthen Group structure in accordance with the growth strategy

  Global Network

 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

  Stock Information

 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

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2011 Medium-Term Management Plan 【FY2009-FY2011】

 

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