Midterm Management

The Mitsuba Group positions the transportation equipment-related operations as our core business. By mobilizing all of the Group's capabilities and business resources, we promote management aimed at further growth of the Group and increased profits.

For the transportation equipment-related operations, Mitsuba inaugurated the 9th Mid-term Management in our Three-year Plan under the slogan "Growing Globally: Reinforcing Consolidated Management" in April 2011. We intend to attain growth through expanding our business in emerging economies and responding to eco-car needs, as well as reinforcing our corporate structure by furthering profitability via QCD (Quality, Cost, Delivery) competitiveness and the reduction of fixed expenses.

Amid the increasingly competitive environment in the automobile industry, our key goals are improvements in product competitiveness and a stronger, stable global production and supply structure. Furthermore, we will promote the development of products with new values that, with motor technologies at the core, support convenience, comfort, safety, and environmental load reduction via the implementation of technical strategies aimed at future growth, in addition to our continuing pursuit of building a competitive edge in the global market, developing a corporate structure that complies with the rapidly changing management environment, and reinforcing our corporate structure.