Summary of FY2013 and Management Strategy

Re-engineering business processes/improving profitability

  • Profitability has dramatically improved in our business in Japan.
  • To further improve our profitability, we will make efforts to reduce costs on a consolidated basis and focus on expansion of the highly-profitable fee businesses in addition to implementing cost controls.
  • At the same time, DAN is improving its management platform in the areas of IT, human resources and finance in preparation for the future, and therefore is seeing temporary cost increases.
  • According to our plan for DAN, costs will continue to precede revenues until the end of 2014 and will be followed by margin improvement in 2015.
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