Corporate Plan

Meitec Group Mid-Term Management Plan (2017-2019) “Next Stage 1”

 Based on the Meitec Group Management Concept “Mutual Growth and Prosperity,” we developed the “Meitec Group Mid-Term Management Plan (2017-2019) Next Stage 1” as the action plan for the three years from fiscal 2017, and started it from April 1, 2017. The plan states that we will continue “to enhance the business and corporate value of the corporate group by improving the five values of ‘Ideal State’ continuously with the cooperation of all group companies and employees.” It also states that we position the high-end field with more sophisticated technical levels in the market for design and development in the manufacturing industry as our target under the long-term strategy.

Summary of the Meitec Group Mid-Term Management Plan (2017-2019) “Next Stage 1”

A. Group’s performance target after three years

  a .Consolidated sales of 100 billion yen
  b .Consolidated operating income of 13,000 million yen
  c .Consolidated operating income margin of 13%
  d .Consolidated net income of 9,000 million yen
  e .Consolidated ROE of 20%

B. Basic Policy of the Medium-Term Management Plan

Enhancement of competitiveness toward active growth

C. Strategy by Business

We will pursue the four following strategies in the two businesses—the engineering solution business and the recruiting & placement business for engineers—upon zoning of the market for design and development in the manufacturing industry into the high-end field and the middle field.

(i) Engineering solution business
a.Strategy for Dispatch-type engineering solutions (High-end Zone)
“The Only One” that continues to create high-end quality indefinitely
- Strategy for expanding the high-end market
- Strategy for enhancing market value
- Strengthening the common foundation

b. Strategy for Contracting-type engineering solutions(High-end Zone)
To respond to changing technical innovation by taking advantage of a combination of technologies and organizational strength.
- Strategy for enhancing technical value
- Strategy for improving the capability to deliver technical solutions
- Strengthening the organizational structure

c. Strategy for Dispatch-type engineering solutions (Mid-range Zone)
To become No. 1 in the middle field through continuous career enhancement in a wide range of business and high-level “technological strength and human ability.”
- Strategy for expanding existing markets
- Strategy for cultivating new markets
- Strategy for strengthening the business operating structure

(ii) Recruiting & placement business for engineers
To aim to become “No. 1 support from engineers.”
- Strategy for expanding existing markets
- Strategy for cultivating new markets
- Strategy for establishing functions

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