Long-Term Vision 2021

Numerical Targets

	FY2018	FY2021
Net Sales	120 billion	150 billion
Operating income margin	6% or above	10％ or above
ROE	8％ or above	10％ or above

Fully utilize our semiconductor technologies to accelerate into the advanced power component businesses

Leveraging power semiconductors manufactured in-house, we will further evolve and strengthen the competitiveness of our car electronics and power system products, both of which fall under the category of components.

Forge a highly profitable business structure

We will accelerate product development to speed up the new product launch cycle and create a highly profitable business structure.

Key markets

In addition to the mobility, energy and industrial machinery markets, which we have previously outlined as growth markets, we will focus on the healthcare market, for a total of four key markets.

Key Markets

Key Measures of the 14th Medium Term Business Plan

1.Technological Development	Promote synergies centered on semiconductors to firmly establish a competitive advantage Shorten development times using simulations Improve product quality
2.Strengthening Overseas	Expand sales to non-Japanese customers in Europe, the Americas and Asia Promote and strengthen support systems for local development and design Raise the overseas sales ratio
3.Promoting Business Transformation	Revise existing businesses and products Introduce new products to steadily update the product mix
4.Driving Down Production Costs	Invest capital in labor saving facilities and improve productivity Revise procurement methods
5.Improving Management Quality	Develop globally oriented human resources to expand business in overseas markets Utilize ICT Reinforce the BCP