Vision2030 and Medium-Term Management Plan
Overview of Medium-Term Management Plan
We created our Group's third medium-term management plan that started in March 2020 (2020 ended in March to 2022 ended in March).
Our Group celebrated our 90th anniversary in 2018. We consider our Group's third medium-term management plan to be an important period to strengthen the management foundation for new growth toward our 100th anniversary and work on enhancing our corporate value from a long-term perspective.
1. Positioning of the 4th consolidated mid-term management plan
To create new value and contribute to
the creation of a sustainable society
through surface modification technology
Foundation to March 2022
First growth stage
focusing on metal surface treatments
April 2022 to March 2025
Building a foundation for
achieving our Vision2030
To March 2031
Ensure the Group’s continued growth
through solving social issues and gaining
the trust of customers and society
2. Basic policy in the 4th Consolidated mid-term management plan
o achieve our Vision2030,the Group will cultivate existing business,develop new business and expand global business in all segments,work to find solutions to environmental problems and other social issues,and increase our corporate value.
Growthstrategies
to achieve our Vision2030
- Cultivate existing business
- Developnew business
- Expand global business
- Strengthen researchand development
- Strengthenquality control and quality assurance
- Improve profitability of existing business
- Examine potential M&A
Contributing to solving
social issues
- Expanding sales of environmentallyfriendly products
- Research and development related to SDGs
- Appropriatemanagement of chemical substances
- Initiativesto reduce the environmental load
- Respect for human rights
Corporate Innovation
- Strengthening Group governance
- Promoting diversity
- Developing global human resources
- Digital transformation
3. Consolidated numerical targets
(Unit: million yen)
| March 2022 | March 2025 | Change | |
|---|---|---|---|
| Actual | Plan | ||
| Net Sales | 117,752 | 130,000 | +12,248 |
| Chemicals | 46,631 | 56,000 | +9,369 |
| Processing | 44,820 | 52,000 | +7,180 |
| Equipment | 23,914 | 20,000 | -3,914 |
| Other | 2,387 | 2,000 | -387 |
| Operating income | 13,370 | 16,900 | +3,530 |
| Ordinary income | 17,003 | 19,500 | +2,497 |
| Operating income to sales ratio | 11.4% | 13% or more | - |
| Ordinary income to sales ratio | 14.4% | 15% or more | - |
| ROE | 5.8% | 8 -10% or more | - |
All documents are available in PDF format.