Bridgestone 2008 Annual Report Download - page 18
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Please find page 18 of the 2008 Bridgestone annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.BASIC APPROACH TO FORMULATING MTP2008
OVERVIEW AND QUANTITATIVE TARGETS OF MTP2008
As with the previous plan, MTP2008 calls for the implementation of specic initiatives in
accordance with three fundamental management strategies.
KEYSTRATEGY1: Always aim for “the higher level” and strive to be the best in the world in
all of our products and services
• We pursue growth in strategic tire products.
– Runat Tires, UHP Tires, Winter Tires
– High-Value-Added Tires for Trucks and Buses—GREATEC and Low-Prole Tires
– Specialty Tires—Large and Ultralarge Off-the-Road, Aircraft, and Motorcycle Radials
• We continue to strengthen eco-friendly products and businesses.
– Eco-Friendly Tires
– Eco-Friendly Diversied Products
• We develop solutions for the customers business drawing on our retread capabilities.
• We optimize business domains in the Diversied Products SBU.
• We further enhance our CSR system.
• We continue to strengthen our environmental activities.
KEYSTRATEGY2: Integrate and expand business domains based on a clear
long-term strategy
• We enhance competitiveness of entire supply chain by making full use of Global Logistics
Center functions.
• We pursue the internal manufacturing of raw materials (vertical integration).
KEYSTRATEGY3: Achieve a truly global business through SBUs
• We respond appropriately and rapidly to the changing global operating environment
through eight integrated SBUs.
PerformancePlaninMTP2008
In management, we will strive to establish and reinforce a “robust earnings structure capable
of generating stable results.”
• Management target “ROA 6%”—no change from MTP2007
(Target can be achieved in 2012)
• Aim to exceed 2012 operating income target specied in MTP2007 forecast
• Continue current level for capital expenditure through 2013 C Level above that of MTP2007
MTP2008Targets
2011 2012 2013
ROA Over 5% Forecast 6% Improve further
NetSales ¥4,300 billion Improve further
OperatingIncome ¥410 billion Improve further
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