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The world economy is expected to continue growing
gradually in 2007. However, there is growing concern over the slowdown
of the world economy especially that in the US. The Japanese economy
also does not allow optimism, due to uncertainties such as sluggish
personal consumption and a surge in raw material costs. Under these
conditions, in 2007, the SEI Group will ensure accomplishment of
the mid-term management plan "Vision 2007" and forge a
solid foundation for its further growth.
This year, I would like everyone in the Group to accomplish the
following three points.
The first point is to strive for the absolute in business conduct.
Workplace safety, product quality and compliance with laws and regulations
are the fundamental elements of business. I would like everyone
to acquire knowledge of the Group's basic policies regarding these
three fundamental elements and perform these policies sincerely
and straightforwardly with the strong conviction that we will not
be complacent with the current situation and that we will continue
striving toward achieving the absolute. I would also like everyone
to set goals and visions for their tasks and work toward accomplishing
them so that the Group's goal of becoming a "Glorious Excellent
Company" can be achieved.
The second point is to set a clear time line
and end goal.
It is necessary that each of us continuously sets a clear goal,
makes careful preparations to respond flexibly to the ever changing
market and customer needs, and carries out tasks with a time line
in mind. Especially regarding new product and technology development,
we must have a great ambition of achieving number one position in
the market and accelerate development and commercialization of high
value-added products.
The third point is to work together in the
same direction and improve strengths as a team.
For the SEI Group to sustain growth, everyone in the Group need
to work on self-development and consolidate individual strengths
as a single force. This does not mean a strictly hierarchical "top-down"
model. It is cooperation within a team, in which each member uses
one's own capability to fulfill the team's goal. All managers and
supervisors are required to use their leadership skills in clarifying
the direction the team is heading, facilitate communication within
the team, and create a lively workplace atmosphere. I would like
everyone to be conscious of improving team's strengths when conducting
their tasks.
In April 2007, Sumitomo Electric will celebrate the 110th anniversary
of its foundation. I would like everyone to make strenuous efforts
toward achieving the Vision 2007 plan and make 2007 a memorable
year that marks the beginning of the SEI Group's strategic growth. | 
