Message from Management(FY2010-2012)
New Medium-term Business Plan “NEXT-2020 Ver.1” ―― Foundation for Further Growth ――
Air Water, Inc. (Chuo-ku, Osaka; chairperson Hiroshi Aoki) announced its new three- year business plan “NEXT-2020 Ver.1” which starts FY 2010.
The new medium-term business plan not only succeeds the current medium-term business plan “Renovation 330” ending in FY 2009 but stands as the first step for the long-term growth vision “Vision for 1-trillion Company 2020” for the next ten years.
During the past ten years when Japan’s GDP showed the minimum growth, Air Water has marked a striking growth as its sales increased 230% and current profit increased 350% during the same period. It is greatly because of establishment of “All-Weather Management System” which led to a new management strategy developing a unique business portfolio which we call “Order Rodentia Style of Business.”
Based on the new management strategy, the new medium-term business plan implements new measures and develops “Foundation for Further Growth” to realize “Vision for 1-trillion Company 2020.”
The numerical management targets of “NEXT-2020 Ver.1” are to reach 500 billion yen in net sales, 35 billion yen in operating income, 35 billion yen in ordinary income and 18.5 billion yen in net income. Regarding management indices, “NEXT-2020 Ver.1” calls for ordinary income ratio 7.0%, ROE 10%, equity ration of 40% and D/E ratio of 0.6 times.
We seek the understanding and support of all of our investors for the further growth of Air Water and the Air Water Group.
Hiroshi Aoki
Chairman of the Board, President,
Chief Executive Officer and Chief Operating Officer
Air Water Inc.