CEO Message

Shigeo Yamamoto

Dear Shareholders:

We would like to express our appreciation for your continued support and patronage.

The SANYO DENKI Group launched its eighth Medium-Term Management Plan from April 2016. We are implementing specific measures aimed at the following 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.

In new product development for the fiscal year under review, we succeeded in developing a number of new products as planned, and they are competitive with the best in the industry in terms of performance, energy saving and reliability.

Furthermore, we have been working to have the Group companies around the world perform the same functions as the parent company in Japan. Specifically, we have established technical centers at each base that are designed to provide technical assistance, training sessions after-sales services, and customized products to all our customers worldwide.

Dividends at the end of the fiscal year under review were decided to be 9 yen per share, the same as the previous year.

Adding it to interim dividends of 9 yen per share, the annual dividends were 18 yen in total.

We look forward to your continued support.

June 2017
CEO/President & COO  Shigeo Yamamoto