 I would like to express my sincere condolences to the people who are suffering from the Great East Japan Earthquake, and I pray for the earliest recovery of the affected areas. Given the occurrence of such a catastrophic disaster, which we may call a national crisis, the Sumitomo Wiring Systems (SWS) group will address countermeasures against earthquakes as a matter of the highest priority. Currently, we are promoting our midterm management plan, “12Vision,” ending FY 2012. Taking into consideration the nature of our group’s business being that we need to win orders for products for a car approximately two years before the car’s mass production, all companies in our group will start preparing for “17Vision,” our next midterm management plan, starting this year (FY 2011). Under the slogan, Global No. 1, we will determine activities and their targets, and promote specific activities to strengthen Product Development Capability, Manufacturing Capability, and Human Development Capability. 2017, the final year of “17Vision,” is also the year when we will celebrate our 100th year in business. Looking back on the past 100 years and looking forward to the next 100 years, it is the perfect opportunity to clarify what our group should be like in the future, and strive to realize this ideal. But let us not lose sight that we only have 2 years left to complete “12Vision.” When faced with the rapid economic downturn after Lehman's fall, our group worked together to strengthen our corporate systems. Those efforts paid off, and our business is getting back on its growth path to achieve results. Although the business environment surrounding our group has become increasingly unclear and uncertain, all members of the SWS group need to cooperate to promote flexible business operations to meet changes in the economy, and realize desired results. I would like to ask for your continuing support in the years to come. June 22, 2011 Fumikiyo Uchioke |
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