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Medium-term Management Plan 2009
Taking "changing things and undergoing change" as our watchwords, we strive to be "A corporation that creates life-value", and never slackens in its drive for reinvention.
The business indicators to be aimed to measure up to.
(1) A consolidated operating income margin of 10% or more.
(2) Consolidated ROE of 10% or more.
At Seiren and Seiren Group, consolidated business is a fundamental element in maximizing group total corporate value.
The consolidated business indicator we aim to achieve is:
  1. A consolidated operating income margin of 10% or more
    (2.7% for the year ended March 2009); and
  2. Consolidated ROE of 10% or more
    (1.9% for the year ended March 2009)
We also engage in business practices which strengthen corporate value, while keeping a close eye on ROA, capital-to-asset ratio and cash flow management.
Striving to make, "Further progress and challenges to the next dream" a reality.
For the past 20 years, the slogan "Changing Seiren for a Different Seiren" has been indicative of putting forth maximum effort to create an excellent company attuned to the needs of the 21st century.
This fundamental strategy is outlined in the 4 points below.
Four Point Strategy
1
Promotion of IT and direct distribution
By further improving the integration and IT capabilities of our planning, manufacturing and sales operations, and evolving toward small production lots, short delivery times, inventory-free operation, net presence and lower cost, we aim the business model which can meet the needs of the public and ensure customer satisfaction 100%, while also achieving the pinnacle of environmental protection: zero waste.
2
Expansion into non-clothing and non-textile fields
  1. Early start of full-scale operation at our large-scale, high-functionality FM Center for next-generation electromagnetic interference shielding
  2. Early commercialization of products with small production lots, short delivery times and high added value at the SV Center, our non-textile Viscotecs plant for metal, ceramics, plastic, glass and other materials
  3. Expansion in sales of cosmetics based on the silk protein sericin; development and expansion in sales of medical applications based on the functionality of sericin
  4. Expansion in sales of base material for artificial blood vessels, and development of base materials for other sites
  5. Expansion in sales of special base materials for applications such as water purifiers and wiping cloths
  6. Expansion of applications and sales of new materials which go beyond leather
  7. Expansion in sales of our series of fast-acting deodorizing products
3
Globalization
We aim to increase global market share and expand to 7 locations worldwide in our oversea automotive business, and deploy our Viscotecs brand globally.
4
Reformation of corporate character
To change our mindset, we must understand the goals of work, and clarify the roles and responsibilities necessary to accomplish those goals. We will strengthen our corporate character by actively investing and laying the groundwork as a firm dedicated to R&D.
In the future, we will work diligently in all of these areas. Taking "changing things and undergoing change" as our watchwords, we will never slacken in our drive for reinvention, and shall advance toward our goal of being "A corporation that creates life-value."