Always working hard with positive thinking to fulfill the most challenging task

1. Always working hard with positive thinking to fulfill the most challenging task

2. Always working hard with positive thinking to fulfill the most challenging task Production Line

3. Always working hard with positive thinking to fulfill the most challenging task Product Components

4. Always working hard with positive thinking to fulfill the most challenging task Product Models

5. Always working hard with positive thinking to fulfill the most challenging task Before 1997 Lack of Technology Overstock Job Insecurity strike The Whole Crisis Heavy Loan Low Work Morale

6. Always working hard with positive thinking to fulfill the most challenging task New Personnel Management Policies Open Book Management Job Security L/M Co-operation

7. Always working hard with positive thinking to fulfill the most challenging task Open Book Management Regular Meeting Company Bulletin Initial Meeting Open Book Mgmt.

8. Always working hard with positive thinking to fulfill the most challenging task Open Communication Room

9. Always working hard with positive thinking to fulfill the most challenging task Open Book Management Family Meeting L-M joint Meeting Regular Meeting Company Bulletin Initial Meeting Open Book Mgmt.

10. Always working hard with positive thinking to fulfill the most challenging task New Personnel Management Policies Open Book Management Job Security L/M Co-operation Clear visions

11. Always working hard with positive thinking to fulfill the most challenging task VISIONS 2nd Reform Period 1st Reform Period Accomplishment 2003 Revolution 2002 Success 2000 Re-emergence2001 Emergence1999 Innovation 1998

12. Always working hard with positive thinking to fulfill the most challenging task New Personnel Management Policies Open Book Management Job Security L/M Co-operation Clear visions Fair Distribution

13. Always working hard with positive thinking to fulfill the most challenging task Company Reform Plan Production Line Restructuring Product Model Production Technology

14. Always working hard with positive thinking to fulfill the most challenging task Efforts at Reform Work 365 days/year Come to work at 6:00 am Managements Propose new work schedule Resign paid vacations & holidays Workers Spend sleepless nights at R&D center Researchers Reduce No. of F/T representatives Declare ‘Joint Efforts to Save the Company’ Trade Union

15. Always working hard with positive thinking to fulfill the most challenging task Current Features Remarkable Improvements of yield Rates Rapid Growth of Market Shares Labor Management Cooperation World Best Company Sound Finance Enhanced Work Morale

16. Always working hard with positive thinking to fulfill the most challenging task Results 2000 1997 Gross Sales 183 M$ 546 M$ Net Profit - 46 M$ 132 M$ Debt Rate 1,114 % 40 % Loan 270 M$ None Market Share 25 % 48 % Stock Dividend 0 % 40 %

17. Always working hard with positive thinking to fulfill the most challenging task Lesson Learned Layoffs would not be the best way of restructuring Dissemination of information about the company is essential Much time and effort is required from top management