Mitsubishi 2003 Annual Report Download - page 36

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34
ANNUAL REPORT 2003 POWER TO CHANGE
FY01 FY02 FY03
2.1%
1.3%
2.5%
4.5%
FY01 FY02 FY03
18%
26%
20%
FY01 FY02 FY03
40
63.7 149.6
45
55
FY01 FY02 FY03
60 73.2
143.3
130 148
FY01 FY02 FY03
9,100
11,700
9,500
¥143.3 billion (15%)
¥149.6 billion
Adjustment of
11,700 people
26%
Operating profit margin
2.1%
ACHIEVEMENTS BY END OF FY2002 TARGET ACTUAL
MATERIAL COST
REDUCTION
FY2001: ¥60 billion
FY2002: ¥130 billion
FY2003: ¥148 billion (15%)
FIXED COST
REDUCTION/
OTHER IMPROVEMENTS
HEADCOUNT
ADJUSTMENT
FY2003: Adjustment of 9,500
people
FY2003 (initial target): 20%
DOMESTIC PRODUCTION
CAPACITY REDUCTION
BUSINESS TARGETS
FY2002: Operating profit margin of
2.5%
FY2003: Operating profit margin of
4.5%
TURNAROUND PLAN TARGETS
FY2001: ¥40 billion
FY2002: ¥45 billion
FY2003: ¥55 billion
(¥ billions)
(¥ billions)
(people)
(%)
(%)
KEY POINTS OF THE TURNAROUND PLAN