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To build a firm foundation for even greater success in the future, we have transferred the printing materials division and taken other decisive business restructuring steps in the course of critically examining our businesses and working to more effectively focus our management resources to strengthen our profitability. In the field of semiconductor manufacturing, we have focused on providing products that more precisely respond to customer needs and have successfully boosted our sales of excimer laser photoresists used in the immersion process, and of high-purity chemicals. Meanwhile, in the field of LCD manufacturing, we pursued sales activities targeting customers in Asia and succeeded in expanding our shipments of photoresists for LCD production and accelerating acceptance inspections for LCD manufacturing equipment, boosting sales in the process.
Believing that we must establish solid business fundamentals capable of responding to the demands of markets in which technological innovation and production efficiency improvements never cease, and assemble multi-pronged measures from a global perspective, we have committed to the following courses of action.
[Existing Business Domains]
- ●Material Business
- Expand market share for high-value-added products tailored to user needs.
- Pursue ongoing cost reductions to improve profitability.
- ●Equipment Business
- Review and work to reduce all costs to transition to a stronger earnings structure.
- Pursue sales expansion activities that are more strongly earnings-focused and speed acceptance inspections.
[New Business Domains]
- ●Create a new organization integrating sales and development functions related to new businesses to achieve even greater expansion of business domains and spur product creation.
- ●Get new businesses up and running quickly and create products that secure growth going forward.
We will also continue our practice of compliance-focused management, strengthen our risk management system to ensure it is capable of properly addressing risks of various types that could significantly impact our businesses, and take other steps that will help us to remain a corporate group worthy of the faith of its stakeholders.
