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According to President Kazuaki Tokiwa of Nippon Electric Wire Technology, the company's new medium-term management plan will achieve sales of 110 trillion yen in 2018, an increase of 21.
5% from 2015, and operating profit of 8 billion yen, an increase of 60%
year-on-year.
In 2016, in order to achieve this goal, the company will cooperate with companies to develop three production bases in North America and Shanghai, and in North America, including automotive wiring harnesses
from Mexico and other countries.
In addition, the company announced in its new medium-term management plan that it will have an absolute advantage in the Asian and North American markets in five fields, including automotive and medical, and will expand the business circle of wire harness manufacturers and interior and exterior packaging materials
.
Sales will increase by JPY 34.
5 billion by 2018, and the global market share of wire harnesses will reach 40%.
According to President Kazuaki Tokiwa of Nippon Electric Wire Technology, the company's new medium-term management plan will achieve sales of 110 trillion yen in 2018, an increase of 21.
5% from 2015, and operating profit of 8 billion yen, an increase of 60%
year-on-year.
In 2016, in order to achieve this goal, the company will cooperate with companies to develop three production bases in North America and Shanghai, and in North America, including automotive wiring harnesses
from Mexico and other countries.
In addition, the company announced in its new medium-term management plan that it will have an absolute advantage in the Asian and North American markets in five fields, including automotive and medical, and will expand the business circle of wire harness manufacturers and interior and exterior packaging materials
.
Sales will increase by JPY 34.
5 billion by 2018, and the global market share of wire harnesses will reach 40%.
