CEO Message

Shigeo Yamamoto

First of all, thank you for your continued support.

A year and half has passed since the SANYO DENKI Group launched its 8th Mid-term Management Plan from April 2016. We are implementing specific measures aimed at four management targets:

(1) Continue to develop world-leading products in terms of quality, performance, and reliability.

(2) Establish a borderless sales system in which all Group companies operate under the same management policy to deliver products and services that boast uniform high quality to customers around the world.

(3) Manage all information in real time to grasp all points of the current situation concerning business activities from anywhere in the world.

(4) Build factory automation to improve production efficiency and quality as well as contribute effectively to inventory reduction and production management.

At our factory in Ueda City, Nagano Prefecture, the automation line began production of motors and production of printed circuit boards for servo amplifiers.

At our factory in the Philippines, an expansion was completed in the autumn, boosting production capacity.

In new product development for the interim period, we succeeded in completing as planned the development of new products that are competitive with the best in the industry.

Based on the resolution of the 115th Ordinary General Meeting of Shareholders held on June 14, 2017, the Company implemented a one-for-five consolidation of its common stock on October 1, 2017.

For the interim period, we declared cash dividends of ¥10.00 per share.

We thank you for your continued support and understanding of the Group.

December 2017
CEO/President & COO  Shigeo Yamamoto