Toyota Industries has launched a new Medium-Term (5 year) Management Plan beginning in FY 2007. As our goal we have set forth our Vision 2010, and to achieve it we are making efforts to unite our Group strengths.
We have set numerical targets of achieving more than 2,000 billion yen in consolidated net sales and 140 billion yen in consolidated ordinary income in FY 2011.
The aim to achieve more than 2,000 billion yen in consolidated net sales in FY 2011 will be accomplished by generating 1,000 billion yen in sales in our Automobile Segment, which consists of vehicles, engines, car air-conditioning compressors, and car electronics. The remaining 1,000 billion yen in sales will come from the Materials Handling Equipment Segment and the Logistics Segment. When the sales from the Textile Machinery Segment and other businesses are also added in we will achieve over 2,000 billion yen total in sales.
* “FY 2011” refers to the fiscal year ending March 31, 2011, and all other fiscal years are referred to in a corresponding manner.
Growth
*Further improve on businesses with global top market share and aim for the undisputed No.1 position
*Attain overwhelming and core strengths, such as key technologies and the level of quality, cost, and delivery (QCD), in respective businesses and products
Innovation
Diffusion of Good Practices
*Propagate workplace strengths and teamwork spirit transcending businesses and ages