Casio 2001 Annual Report Download - page 5

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3
owing to new accounting standards for employees’ severance and retirement benefits that we adopted in the fiscal
year. Net income rose 6.1% to ¥6,547 million.
THREE-YEAR MEDIUM-TERM MANAGEMENT PLAN
Casio has been committed to concentrating its tech-
nologies and management resources while working
toward more efficient management and increased cost
competitiveness. The three-year medium-term man-
agement plan that starts in the current fiscal year will
help us continue our strategic selection and concentra-
tion of businesses and further boost our management
position. The plan defines management’s vision as
“creating new value by providing products and services
for a digital life,” and is governed by a basic policy of
“shareholder-value-based management.” Management targets for the final year of the plan include operating in-
come margins of 8% and invested capital turnover of 1.6 times.
Based on this management vision, Casio is focusing business development on the following four key areas:
1) Digital imaging: in anticipation of growth in digital-camera-related markets at the expense of the conventional
film camera market, this business will seek to provide users with digital imaging possibilities from new digital
cameras with Casio’s signature creativity, from image album editing and Web sites for publishing digital images
to digital printing stations in stores.