President Message

24/Feb/2006                         


February 2006
(Dreams and Ambitions)

Because YAMASHIN will change its financial term from Oct-Sep to Apr-Mar, we are very busy
creating a new strategic business plan. When making a business plan, it's very important to make
our company’s "Dreams and Ambitions" clear. 
Even though some feel that big dreams for business are sometimes ludicrous, I believe "Dreams
and Ambitions" are part of a propulsive force that proactively achieves business goals.
Below I have explained what my “Dreams and Ambitions” are for YAMASHIN. 

"Contribution towards society through Filter Business" is our corporate philosophy.
Yamashin started in 1948 and since then we have satisfied our customer's requirements faithfully
under this philosophy. In this period we have improved our filtration technology,
production, and engineering steadfastly and efficiently, and we have risen to achieve a top market
share of hydraulic filters in the global construction machinery market. 
Although we are proud to have achieved this, we must always continually put our focus on the
future and strive to expand our business.

The best filtration technology and quality required in the hydraulic filter market are found in the
fields of aerospace, nuclear energy, space development etc.
Quality is very strictly controlled in these industries.
To my deep regret, the main bulk of these industries are found in the USA and Europe.
They won't use Yamashin Filter or any filters made in Japan, due to the status and position of
Japanese manufacturers in these industries are not held as highly in esteem as manufacturers in
America and Europe are. 
In the near future Yamashin will be a filter manufacturer not only in construction machinery
market but also in the fields of aerospace, nuclear energy and space development.
Furthermore, we will improve our filtration technology and production engineering, and we will
be a filter manufacturer to be relied on in all industries. "Contribution towards society through
Filter Business" means being the top manufacturer in the world.

The other day a "Kick-off-Meeting" toward the public offering of Yamashin stocks was held
at Yamashin’s head office with Nomura and Pricewaterhouse Coopers Japan.
I think a public offering is one of the key steps of the growth to moving forward.
We will improve our administration system, make the public offering, and invest in new facilities
and R&D, with the goal of  becoming the #1 filter manufacturer in the world.
I ask for your special support and cooperation during this time.

Though our filter market is not too big, we will make an earnest effort to be the #1 filter
manufacturer in the world.
I will incorporate this "Dreams and Ambitions" into the new business plan.
I hope for your continued patronage and support for YAMASHIN-FILTER Group.
Thank you.

Atsuhiko Yamazaki
President
YAMASHIN-FILTER Corp.