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Mid-term
management policy
Management principle: Permanent
growth
Mid-term management
policy:

Mid-term
management strategies
Single
sided PWB
| For commodities in which production is being shifted overseas | Reinforce production systems of companies in overseas |
Double-sided
and Multilayer PWB(PTH)
| For digital household electronics appliances and ITS | Work towards super fine products and improve impedance control reguirement |
High
layer count multilayer and build-up multilayer PWB
| To increase the market share for IT related products (portable communication appliances and communication infrastructure) | Increase productivity of ALIVH® and Promotes CLLAVIS business successfully |
Package
substrates
| For chipset used in IT related products (portable communication appliances) | Increase productivity of tape substrates and work towards fine rigid substrates |
Mid-term
management guideline (March 2003)
| 1. | Consolidated sales: 121 billion yen |
|
154 billion yen (8.3 % increase per year. 27 % increase compared to March 2000.) |
| 2. | Consolidated operating profit: 4.9 billion yen |
|
11.9 billion yen |
| 3. | Consolidated Shareholders' equity to total assets: 32.5% |
|
41.5 % |
| 4. | Consolidated debt with interest: 70.7 billion yen |
|
51.9 billion yen (Decrease of 18.8 billion yen) |
| 5. | Consolidated ROA: 3.3 % |
|
7.9 %(aiming at 8 %) |
Note:
*The information above is forecast of June 2000.
*ALIVH® is registered trade mark of Matsushita Electric Industrial Co., Ltd.