JVC 2010 Annual Report Download - page 9

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JVC KENWOOD Holdings, Inc. 7
0%
20%
60%
80%
100%
56%
42%
47%
50%
44%
55% 62%
SE
HM
BB
CE
36%
FYE 3/’09 FYE 3/’10 FYE 3/’11 (Plan) FYE 3/’13 (Plan)
Car Electronics Business (CE)
Entertainment Business (SE)
Other
Displays (DP)
Camcorders (CAM)
Home Audio (HA)
AV Accessories (AVC)
HM Other
Home & Mobile
Electronics Business (HM)
Communications (COM)
Business Solution (BS)
Professional Systems
Business (BB)
60%
40%
Converting the business portfolio (sales composition)
③Reviewing the human resource framework
In connection with efforts to restructure the head office, production system and sales
system as well as the integrated management of the Group, the Company plans to
redeploy, transfer to third parties and reduce employees by between one and two
thousand across the entire Group which includes Japanese and overseas offices and plants.
⑶ Increasing cash flows and reducing total assets
Responding to the restructure of the global operation system, cash will be increased and
total assets reduced through the disposal of fixed assets.
⑴
Strategies - Reconstruction of the profit base and early resumption of the distribution
of dividends
①
Focusing efforts on businesses with a competitive advantage in order to generate
integration effects and profitable growth in emerging markets
－ Expanding the ratio to sales from 40 % at the time of management integration to 60 % or more (see note) for
the Car Electronics and Professional Systems businesses.
＊ To focus on the Car Electronics and Professional Systems businesses where the Company can exercise the strengths of the Group,
aiming at profitable growth.
Note: The figure is the target for the fiscal year ending March 31, 2013 (the last year of the Mid-term business plan)
2. Mid-term business plan
Action Plan for Reconstructing Corporate Base
Operating income
Ordinary income
Net
sales
FYE 3/’10 Business
structural reform
action plan
600 30
0
-30
400
0
Net sales
(Billions of yen)
Operating income
(Billions of yen)
FYE 3/’09 FYE 3/’10 FYE 3/’11 (Plan)
Action Plan for
reconstructing
corporate base
Management Polic y and Strategies