Medium-Term Management Policy 2028
Goals of the Medium-Term Business Plan 2028
Under the following four business themes, we will take on the challenge of fulfilling our purpose of "Building a happy and fulfilling future while staying attuned to people and society" in order to achieve our core principle of "unifying business and morals"; that is, to enhance our corporate value in both social and economic terms. To this end, we will continue to value our face-to-face interaction with our customers as well as improving digital technology to support such interaction.
Four Business Themes
Explore New Businesses
- Create new social values for the future
- ･ We will actively harness both internal and external resources to develop new businesses that address social challenges and generate meaningful social value.
Expand to Related Businesses
- Create new customer value through business model transformation
- ･ We will evolve our existing businesses to venture into new fields that promote a happy and fulfilling lifestyle, ensuring fresh value for those we serve.
Excel in Our Existing Businesses
- Build strong relationships with customers to increase customer value
- ･ We will utilize advanced technologies across our existing businesses to quickly and flexibly provide products and services that align with customer expectations, adding value to their experience.
Solidify Our Business Base
- Building a foundation that will serve as a driving force for economic and social value creation
- ･ We will encourage a change in the mindset of employees by providing an environment in which they are willing to learn. We will also foster a corporate culture that values employees' innovative ideas and actions based on them.
Measure to Achieve Capital Cost- and Stock Price-Conscious Business Management
Develop strategies to increase our corporate value (Realize business management that pays close attention to capital cost and stock price)
Consolidated Financial Targets
Millions of yen
| FY2024 (Base year) | FY2027 | Increase/Decrease | |
|---|---|---|---|
| Sales | 188,791 | 207,800 | 19,008 (10.1%) |
| Profit attributable to owners of the parent | 8,808 | 10,600 | 1,791 (20.3%) |
| ROE | 5.8% | 7.0% or more | 1.2p |
Financial Strategies
We will raise funds to support proactive growth investing and also promote shareholder returns with an eye to optimizing shareholders' equity.
Financing
- • Reduce strategic shareholdings and utilize financial assets to secure funds to support growth investing
Revising shareholder return policy
- • Shareholder return policy
- In addition to paying dividends, we will flexibly repurchase stocks, while giving priority to investment in growth areas and taking into account our financial situation.
- • Reviewing dividend policy
- The dividend will be the higher of either a dividend payout ratio of 60% or a dividend on equity (DOE) of 3.0% (up from the previous DOE of 2.5%).
Sustainability Strategies
Initiatives to co-create value with stakeholders and improve credibility
Pursuit of corporate sustainability
- • Improve the soundness and transparency of corporate management by carrying out initiatives to strengthen corporate governance
- • Create and review business continuity plans; strengthen our business continuity capabilities so that we can, for example, be prepared for major disasters
- • Enhance corporate information disclosure and dialogue with investors and other market participants
Pursuit of social sustainability
- • Carry out initiatives that help protect the global environment (i.e., reducing environmental impact through our business activities)
- • Participate in and contribute to local communities
Measure to Achieve Capital Cost- and Stock Price-Conscious Business Management
Strategy
Our three-year cash allocation based on our business strategy and financial policy
