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03-25 Saltsman Drive
Cambridge, Ontario
Canada N3H 4R7
Tel: 226.289.3053
Fax: 509.692.1405
Info@ IVGroups.com
Investor Relationship
A message from board of directors
Looking to the future, we have restructured our business portfolio and reformed our operational structure to create a more robust profit structure. As a result, we achieved record profits for the fourth consecutive year in fiscal 2006. We are now devoting our efforts to achieving our 2nd Stage goal of operating income target, and addressing remaining issues as we shift our focus to the 3rd Stage theme of our business plan: establishing a growth structure for the future of the International Venture Groups.
International Venture Groups management is to steer our company on a course that will enable us to maximize the corporate value of the Group over the long term. In 2001, we launched the 10-year long-term corporate plan Grand Design 2010 (GD2010) with three distinct stages of development and targets. Our medium-term objective during the 2nd Stage (fiscal 2004-2007) is to double the Group's total business value in terms of both growth and profit from the level in fiscal 2003. The specific targets for the 2nd stage are increase our net sales and operating income. To achieve our growth objectives, we have clearly identified target growth markets and fundamental technology that can give us competitive superiority. We aim to raise business value by 1) expanding sourcing/sales in China and 2) creating value in new areas centered on core technologies as part of our business segment reforms to set the foundation of our competitive edge in the future.
We are also establishing more efficient profit structures for our businesses as part of our operational structure reforms to realize more robust profit structures.
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