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Annual Report 2015 CONTENTS / 423
Prole To Our Stakeholders Casio's Strength Special Features Financial SectionFinancial Highlights Management
Foundation Corporate Data
Initiatives to strengthen each of our businesses generated
good results for fiscal 2015, the year ended March 31, 2015.
Consolidated net sales increased 5.2% compared with the
previous fiscal year to ¥338.3 billion, and operating income
increased 38.3% to ¥36.7 billion. Net income increased
65.1% compared with the previous fiscal year to ¥26.4 billion.
Net income per share increased 68.3% to a record ¥100.8.
The timepiece business continue to perform well. Other
products contributed to results as well, including unique,
high-end digital cameras and localized calculators designed
for in-market needs in countries such as India and China.
We will enhance profitability in existing businesses while
establishing new businesses that will become core
operations in the future. In the timepiece business, we will
increase sales of GPS hybrid radio-controlled solar-powered
watches and models that connect to a smartphone via
Bluetooth®. We have also introduced a unique genre of new
digital camera products. We plan to promote these
businesses by aggressively using CASIO Signage.
We expect to generate growth by expanding our lineup of
To Our Stakeholders
Message from the Chairman & CEO
Business Report for Fiscal 2015
Management Strategies and
Specific Initiatives
localized calculators and our lineup of high-end electronic
musical instruments while introducing DJ equipment for
young demographics. We also intend to make the projector
business profitable by introducing strategic models with high
cost performance.
In our new businesses, we will promote CASIO Signage,
which is a powerful sales promotion tool. In addition, we will
develop a highly original wrist terminal.
The Casio Group has formulated new medium-term
management targets to generate additional growth. We plan
to double earnings compared with fiscal 2015 during the
three years ending March 31, 2018. We need to expand in the
robust timepiece business and other consumer product
businesses, stabilize earnings in the systems solutions
business for corporate customers, and generate steady
growth in new businesses in order to achieve our targets. We
will require a potent management organization with strong
leadership to establish comprehensive management
initiatives to achieve all of our goals. We have therefore
initiated a management organization in which I will work in
tandem with the Casio Group’s new President and Chief
Operating Officer. I will cooperate with our new President on
initiatives I cannot handle alone to build a management
foundation that will endure well into the future.