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The VALQUA Group has embarked on NVS4 (New VALQUA Stage Four), its fourth medium-term management plan,
covering the period from the fiscal year ending March 2008 to the year ending March 2010. Under NVS4, we intend
to build on and solidify the results of the last seven years, under plans NVS1 through NVS3, using a management
strategy based on the following:
1.Selecting and focusing to achieve new growth
2.Creating and upgrading businesses through stronger technological capabilities
3.Promoting CSR management
4.Further enhancing development of human resources to sustain future growth
We are forecasting the following key consolidated performance figures for the fiscal years ending March 2009
and March 2010. |
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|
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March 2007
/Actual
|
March 2008
/Actual
|
March 2009
/Forecast
|
March 2010
/Forecast
|
|
|
44,433
|
45,624
(+2.7%)
|
46,000
(+0.8%)
|
48,000
(+4.3%)
|
|
Operating Income
|
4,090
|
4,428
(+8.3%)
|
4,600
(+3.9%)
|
-
|
|
Ordinary Income
|
4,025
|
4,147
(+3.0%)
|
4,300
(+3.7%)
|
-
|
|
Net
Income
|
2,673
|
2,730
(+2.1%)
|
2,300
(  15.8%)
|
-
|
|
(Percent increase from previous year / Unit : million yen)
|
Notes:
The projected drop in consolidated net income for the year ending March 2009 is a result of the external factor
of increased tax expenses. |
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