Medium Term Plan
Based on our mission statement, Mori Seiki expects to be the best fit for customers and a worldwide pioneer
in the machine tool industry. Our strategy to achieve this vision is implementation of the
third medium-term management plan "GQ-C-SI 123," covering the three-year period
from FY 2011 to FY 2013.
To realize our goal of "staying a step ahead with innovative solutions," we are promoting active investment and business collaboration.
Globalization of Product Bases
While consumption of machine tools is expanding globally, we proceed with globalization of production bases and sales bases. We reduce "risk of exchange fluctuations" by local procurement and production, and minimize "transport lead time and cost" by producing machines in those regions with greatest demand.
Recovery of Sales and Operating Profit Ratio
Both sales and operating profit ratio are increasing. In FY11, sales increased by 29% from the previous fiscal year, and our operating profit ratio recovered to more than 4%. In FY12, the demand for machine tools have continued to increase steadily.
Launch and Evolution of X-Class
We launched the X-class as cutting-edge models in the fields of lathes, machining centers, and multi-axis machines. In FY12, we strive to enhance the series and develop machines that satisfy customers' needs and expectations.
Sales of Gildemeister Products
We started to sell Gildemeister's "LASERTEC" with laser machining technology and "ULTRASONIC" with ultrasonic machining technology. These models have allowed us to provide our customers with new solutions.
Increase of Share in Emerging Countries
We have maintained a global JMTBA share of more than 10% since last fiscal year, and our share in emerging countries in Asia and China is increasing. To further increase share in these promising markets, we will penetrate our brand and expand sales.