A great number of firms have used overall equipments effectiveness index to evaluate the effect of TPM activities. Overall equipments effectiveness is very useful index to emphasize the need of decreasing equipments loss time when TPM system is first implemented. And it is powerful to evaluate prductivity growth rate according to TPM activities when GNP growth rate is high level. However, during the depression period, the increase of overall equipments effectiveness does not contribute fully to the cost down, the reason is that demand is falling. In this paper, we present the rectified TPM activities which can be applied to the depression period, and analysis the improvement activities of production part how to contribute to the cost down,