JVC 2005 Annual Report Download - page 14

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12 Victor Company of Japan, Limited
Implementing Continuous Structural Reform
In addition to accelerating our growth strategy, we will move forward with continuous structural
reform aimed at coordinating development, production, and sales activities within the Company
and throughout the world and ensuring that these activities are undertaken from the customers’
perspective.
In fiscal 2006, we will implement operational reforms to centralize the management of such
basic manufacturing operation aspects as quality, retail price, manufacturing cost, inventory,
and schedules; reinforce product model based management; and bolster product capabilities.
At the same time, we will rework the organizational framework to put into place product catego-
ry based development, production, and sales.
Moreover, we will continue to use our career development program to facilitate personal
growth and enhance employees’ skills so that ultimately all staff will contribute to business
growth while working to enhance the efficiency of indirect operations to achieve our Leap Ahead
21 target for fiscal 2007 of reducing the parent company workforce to 7,000 employees a full
year ahead of schedule. In addition, we will reduce one or two manufacturing sites to meet our
fiscal 2007 target for manufacturing site realignment under Leap Ahead 21 ahead of schedule.
3/2001 3/20073/20063/2004
9,969
8,032
7,000
Achieve Leap
Ahead 21 Target
One Year Ahead
of Schedule
Number of employees (non-consolidated) As of March 31
Reform the employment structure and restructure operating bases
LEAP AHEAD 21 PLAN
17locations 13locations
Domestic operating bases
20locations 15locations
Overseas operating bases
Shifting to a
23~24
location operating structure
Years ended March 31