Isuzu 2013 Annual Report Download - page 10

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08
Isuzu Motors Limited
The environment in which Isuzu does
business has changed dramatically since the
announcement of the last Mid-term Business
Plan (August 2007). This is seen in the
slowdown in advanced nations in the wake of
the economic crisis triggered by the Lehman
Shock and the Great East Japan Earthquake,
continuing growth in emerging markets,
the intensification of competition with the
emergence of Chinese and South Korean
manufacturers, and initiatives to address energy
issues and reduce greenhouse gases. The
plan takes a hard look at the period up to the
fiscal year ending March 2016 based on these
environmental changes, and reforms Isuzu’s
business model to deliver growth based on the
results of that assessment.
The plan calls on Isuzu to “become a
company aiming at excellence in respecting the
environment to meet the demands of society,
and maximizing vehicle operating rates and
minimizing life-cycle costs to meet customers’
needs.”
Progress Report: Mid-term Business Plan (April 2011 to March 2014)
Establishing and transitioning to a Global Three
Core Business Organization
About the Mid-term Business Plan (April 2011 to March 2014)
Special Feature
Significance of the Mid-term Business Plan
Corporate Philosophy and Vision