| Company Profile | : | During the term under review, the Kasai Group pushed forward corporate structural reforms, increased its capabilities to develop products and technologies, and strengthened domestic and overseas marketing to potential customers, aiming to establish its position as a leading manufacturer of car interior goods on a global basis.
Consequently, our consolidated sales increased by 11.1% on the previous year. Our consolidated ordinary profit also grew by 10.4% on a year-on-year basis, thanks to the increase in sales and a corporate streamlining process, conducted thoroughly across the entire Group during the term.
Turning our attention to the auto industry, despite concerns that energy problems, including soaring crude oil prices, have become increasingly serious and will have a significant impact on the world economy, the global reorganization of automakers has been seen to the same extent as previously and domestic automakers have shifted more production abroad. |
