Interim Report for fiscal year 2010

Ever since the establishment of Amano Corporation, we have placed “People & Time” and ”People & Environment” as our corporate theme, and customer satisfaction as the core essence of our business activities. All Amano employees work under the “customer-first” principle and will listen to customers.
In addition, to make Amano an attractive corporation for shareholders and investors, we have always placed maximization of corporate value (present value + future value) as our priority management strategy.

From April 2008, Amano implemented its New Mid-Term Business Plan (a 3-year plan), which aims to improve profitability and achieve sustained growth under a consolidated growth strategy. In order to carry out this plan, our domestic and overseas group companies strengthened their alliances with each business unit launching their products globally and the efforts to expand holistic solution business have been accelerated.
Regarding the consolidated results for this interim, sales revenue grew due to increased business of our Information and Environmental systems. Profits were also up owing to the company’s concerted efforts to reduce product costs and sales administration expenses.
The interim dividend, in accordance with our dividend policy, was JPY13 per share.

For the second half of this fiscal year, in light of the reduced exports and lower manufacturing output due to the appreciation of the Japanese yen, together with the stagnant situation surrounding employment and household income, we expect that the economic recovery in Japan will show an overall slow down.

Under such management environment, Amano and its group companies are fully committed to the New Mid-Term Business Plan to raise corporate value and as a united force is ready and willing to challenge the difficulties.

Your continued support is much appreciated.

 

Izumi NAKAJIMA
President
Representative Director