News Release Dated January 24, 2007
Company: INTER ACTION Corporation President, CEO & COO: Masao Kimura Listing: The Tokyo Stock Exchange Mothers Market Stock code: 7725 Contact: Tsuyoshi Fukuda, Executive Vice President & CFO
Tel: +81-45-788-8373
URL:
http://www.inter-action.co.jp/Eng
Notice Regarding Revisions to Group Medium-term Management Plan
The Board of Directors on January 24, 2007 approved revisions to the INTER ACTION Group Three-year Medium-term Management Plan (runs from the fiscal year ending May 2007 through the fiscal year ending May 2009), first announced on January 20, 2006, in view of recent trends in the Company’s business results and changes in the operating environment. Details are attached.
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INTER ACTION Corporation
January 24, 2007
INTER ACTION Group
Revised Medium-Term
Management Plan
Dash Toward ¥10 billion Sales Company
Copyright © 2007 INTER ACTION Corporation
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Summary
Aim at
Aim at
¥
¥
10 billion in Group sales as soon as possible
10 billion in Group sales as soon as possible
Plan period:From the fiscal year ending May 2007 (15
th
term)
through fiscal year ending May 2009 (17
th
term)
Fundamental Strategy and Goals
Usher in a period of renewed growth by transforming
Usher in a period of renewed growth by transforming
INTER ACTION into the only company for total solutions
INTER ACTION into the only company for total solutions
by integrating optical and image processing technologies.
by integrating optical and image processing technologies.
Build a business portfolio resilient to changes in capital
Build a business portfolio resilient to changes in capital
expenditures in the semiconductor imager sector.
expenditures in the semiconductor imager sector.
Copyright © 2007 INTER ACTION Corporation
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Revised Consolidated Sales Targets
Revised
plan
Initial
plan
4,800
3,700
3,000
Consolidated sales
2,000
1,000
250
BIJ
2,800
2,700
2,750
INTER ACTION
600
300
-
IA –new businesses
2,500
2,200
1,754
IA –established businesses
3,500
2,800
1,954
Consolidated sales
400
300
200
BIJ
FY5/09
FY5/08
FY5/07
(yen in millions)
IA established businesses: Illuminator, IP module, camera module test system, LCD panel testing system
IA new businesses: Diagnostic test system
* Sales are after eliminations for consolidation.
While retaining the basic policies of the medium-term management plan,
strategies have been partially revised and numerical goals revised in
response to changes in the operating environment.
Copyright © 2007 INTER ACTION Corporation
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Established Businesses at INTER ACTION
We have adopted a conservative outlook
based on the assumption of large
fluctuations in capital expenditures by
manufacturers of semiconductor imagers.
[Background]
Current FY forecasts had to be lowered
because of excessive inventories of camera-
equipped mobile phones.
