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1) FUSION system:
A five-year plan implementing annual rolling follow-up system; FUSION 10 is in its third term.
Because we are in an era of drastic changes, we established and are striving to achieve numerical targets set for three years ahead.
At the same time, we also set targets for five years ahead focusing on our visions and management innovations such as structural reforms.

2) Meaning of FUSION:
We fused elements from various facets such as short-term returns and long-termgrowth, collaborations with Group companies in Japan and abroad, partnership with non-Group companies, cross-departmental unity and etc.
We enhanced FUSION management, fusing management focusing on market capitalization and indexes (ROA, FCF and others), People-oriented Management and Fast & Flat Management.

3) Past FUSION
FUSION21 (1995 to 2000)
As a result, we established a foundation for our future growth by reforming our profit structure as well as accelerating development of our global operations. Results include eradication of unprofitable business through profit/loss control by SBU, streamlining of indirect departments and reduction of production costs.

FUSION05 (2001 to 2005)
As a result, we achieved global No. 2 position in our main businesses by expanding our sales, increasing our shares in domestic AC market and overseas business ratio, and accomplished our market capitalization target of 1 trillion yen, providing us with more management options for our future.



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