As of April 1, 2015
Under our current medium-term management plan announced in FY2013, "Be the Best, Be the One (BBBO) 2014", we have been making efforts to build a solid earnings base while maintaining financial soundness to achieve the aspirations set forth in "What We Aim to Be in 2019, Our Centennial Year". (hereinafter referred to as "What We Aim to Be")
We designated three-year period of FY2015-2017 as the term for BBBO2017. In light of changes in the environments that surround our businesses as well as managerial issues that manifested in large-scale impairment losses in FY2014, we will make efforts below based on the theme, "To make group-wide efforts in overcoming issues and to outline a path toward the realization of What We Aim to Be".
Major efforts to be taken and quantitative targets are indicated below.
* "Consolidated net income" is equivalent to the "profit attributable to owners of the parent" set out in the International Financial Reporting Standards (IFRS).
This report includes forward-looking statements relating to our future plans, targets, objectives, expectations and intentions. These forward-looking statements reflect management's current assumptions and expectations of future events and, accordingly, they are inherently susceptible to uncertainties and changes in circumstances and are not guarantees of future performance. Actual results may differ materially for a wide range of possible reasons, including general industry and market conditions and general international economic conditions. In light of the many risks and uncertainties, you are advised not to put undue reliance on these statements. The management targets included in this report are not projections and do not represent management's current estimates of future performance. Rather, they represent targets that management will strive to achieve through the successful implementation of the Company's business strategies. The Company may be unsuccessful in implementing its business strategies, and management may fail to achieve its targets. The Company is under no obligation - and expressly disclaims any such obligation - to update or alter its forward-looking statements.