JVC 2002 Annual Report Download - page 18

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NEW CHALLENGES
Our three-year “Value Creation 2 1 ” plan targets an operating margin of 3 .9 %
and improved capital cost management (CCM). To achieve these goals by fiscal
2 0 0 4 , we need to lower our breakeven point and generate stronger cash flow.
Achieving this requires strengthening our operating structure and reorganizing
our supply chain management (SCM) so that we can rapidly launch products
that consumers really want.
ANNUAL REPORT 2 0 0 21 6