Improvement in financial management levels in response to the recent business recovery
DISCO Corporation (Headquarters: Ota-ku, Tokyo; President: Kazuma Sekiya) has determined to raise its internal financial management level responding to the recent improvement in our business environment.
DISCO raised its financial management level from D to C in April 2010 due to further improvement in our operating environment such as favorable capacity utilization and robust capital expenditure of LED and semiconductor manufacturing equipment.
Guidelines of the Financial Management Levels
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Spend cost mainly for activities which are much needed or more effective, and save other cost as much as possible
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Pay attention to reducing costs and reviewing the quality and frequency of operational activities
Major Change in this Decision
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Transfer of authority to settle business trips etc., to divisional managers
Financial Management LevelsDISCO defines financial management levels from A to F corresponding to the forecasted ordinary profit margin in order to encourage autonomous management by each division.
DISCO is implementing a partial alleviation of its expenditure control, but will continuously work for proper management of expenses in order to obtain the full recovery of its business.
Contact:
Aya Osumi
Corporate Communications
DISCO Corporation
E-Mail:
Phone: 81-3-4590-1090
