Attachment 1
Effectiveness of Management Improvement Measures


Effectiveness of Management Improvement Measures
* Including cost increases arising from the front-loading of retirement benefits.

Note:  A special loss (East: -70 billion yen; West: -100 billion yen) is posted in FY 2001 in connection with these cost-cutting measures. (In the case of retirement and rehiring, it is assumed that all 55,000 employees select the lump-sum payment option.)



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