Wacom 2004 Annual Report Download - page 5

Wacom Annual Report 2004 3
level of global integration for operational efficiency
and effectiveness. We will add new operations in Seoul,
South Korea, and Shanghai, China, as the foundations
for future business development. Also, we will expand
the technology reach of our pen sensor component
business into the growing segment of tablet PCs, as
well as into new domains such as mobile phones and
information appliances.
Our customers' satisfaction, as epitomized by our
"harmonious development between man and
technology" corporate philosophy, remains our first
priority. And, as mentioned earlier in this statement,
we're committed to making Wacom technology---
developed by the company that pioneered the original
pen sensor tools---the de facto standard in the digital
paper era.
To support our mid-and long-term visions, we must
continually improve our operational efficiency and cash
flow. Wacom strives to achieve WP212---the mid-term
business plan, with goals of reaching 20% compound
annual revenue growth rate and 12% operating profit
margin.
Dividend policy and message to our
shareholders
Wacom was listed on the JASDAQ market on April 24,
2003. To mark this occasion, and to express our sincere
appreciation to all our shareholders, we decided to
offer, as of March 31, 2004, a commemorative dividend
in addition to the ordinary dividend.
A final comment to our shareholders: We're
committed to enhancing our global leadership through
the next decade and throughout the 21st century by
continuing to invest in the development of new
technology and by establishing our business
infrastructure on a global basis. Our executives and
employees will work as a team to continuously improve
Wacom's corporate value and enhance Wacom's status
as a global leader with a vital role in enhancing the
creativity of the human spirit.
Thank you again for the unchanging support. For
Wacom to be successful, your support is essential.
Sincerely yours,
June 2004
Masahiko Yamada
President & CEO