April 25, 2008 - Tokyo, Japan - Kawasaki Kisen Kaisha, Ltd. (hereinafter "K" Line) is pleased to announce that the "K" Line Group established the new midterm management plan "K" Line Vision 100. With drastic changes in the recent business environment surrounding the "K" Line Group and financial targets for the fiscal year 2008 being achieved a year ahead of the schedule, the "K" Line Group newly established the consolidated midterm management plan "K" Line Vision 100 covering the period from April 2008 to March 2012 towards the 100th anniversary of "K" Line in 2019.
"K" Line Vision 100 advocates "Synergy for All and Sustainable Growth" as its main theme and has set up five basic management issues toward the synergy with all the "K" Line Group’s stakeholders and the sustainable growth as well as the 100th anniversary vision, including activities to promote the priority management issue of environmental protection. Based on these, profits planning and financial targets for 4 years from April 2008 to March 2012 have been established as follows:
