Value Creation Management slide image

Value Creation Management

OSAKA GAS Cost cutting Reduction of employee costs Due to natural wastage (recruitment policy and retirement) we plan to reduce the number of employees from 9,569 to 8,750 or under in 2002 and to 8,000 by March 2007 We plan to introduce an MBO (Management by Objectives) pay system and reduce employment costs per head Capital Expenditure reductions Review of manufacturing time and methods for facilities, developing R&D and rationalization of purchasing policies Investment in plant and equipment 1999-2010: total, from ¥323 billion to ¥258 billion (20% decrease) Investment in trunk pipelines 1998-2003: total, from ¥104 billion to ¥83 billion (20% decrease) Cost reductions in unit costs of pipes . Non-excavation method of construction • Shallow pipe-laying 13
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