To Our Shareholders
Thank you very much for holding our shares. We appreciate your support.
We are trying our best to meet your expectations based on the following management policies.

Basic Management Policies

We, MJC Group, manufacture and sell products for rapidly advancing semiconductor and LCD industries and thus will pursue technical development and efficiency and rationalization of our management and do our best to improve business performance based on the following management policies in order to cope with any drastic change of external circumstances.

1. We will utilize accumulated technology and production know-how to provide customers with supreme benefit.
2. We will make continuous efforts for technical development to build up new technology.
3. We will construct creative corporate culture for all members' self-realization.

Basic Policies regarding Division of Profits

We see returning profits to our shareholders as one of the important management goals. We will try to establish the stable management base and improve return on equity. Also, as for dividends, we set up a basic policy of continuing to provide stable dividends in total consideration of business performance, dividend payout etc. As for retained earnings, we will utilize them for capital investment and research and development investment along with business expansion to improve business performance and strengthen our financial position.

Corporate Medium- and Long-term Management Policies

We, MJC Group, will collectively head for corporate medium- and long-term development and all members' self-realization based on the following basic policies.

1. We will develop existing businesses and secure profitability, setting the contact technology as core competence.
2. We will create new businesses through introduction of new technologies and development of new products.
3. We will provide quality and services that meet the customers' needs.
4. We will construct creative corporate culture.

Management Goals

We, MJC Group, aim at improvement of indexes such as ROE (return on equity) from the viewpoint of placing importance on shareholder value, through which we try to enhance corporate value. We attempt to perform various business activities for the purpose of maximizing profits obtained from equity received from our shareholders for corporate continued existence. Also, we will invest free cash flow in research and development and facilities for prospective businesses and link it with new free cash flow to enhance corporate value in the future.

Masayoshi Hasegawa, President

Introduction of Countermeasures to Large-Scale Acquisitions of Micronics Japan Shares (Takeover Defense Measures)(128KB)

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