Formulation of the Eleventh Medium-Term Management Plan and becoming an exciting company
First written in FY2021. 4 of 12 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
- FY2026ReframedAnnual report
「To address these challenges and further accelerate the strengthening of earnings capacity through the structural reforms pursued under the previous medium-term plan, we have newly formulated Medium-Term Management Plan 2030, a five-year plan ending in fiscal 2030.」
The company revised its plan from the previous new Medium-Term Management Plan 2025 to the five-year Medium-Term Management Plan 2030, whose final year is fiscal 2030. It also set numerical targets of operating income of ¥14 billion and ROE of 6.5% or higher for fiscal 2028, and operating income of ¥20 billion and ROE of 8% or higher for fiscal 2030. - FY2026-H1RestatedAnnual report
「There were no significant changes in the business and financial issues that the Group should prioritize during the interim consolidated accounting period under review.」
The company continues to explain that there have been no material changes to the priority issues related to the new Medium-Term Management Plan 2025 and “Transformation Toward the Desired Future State.” - FY2025AdvancedAnnual report
「In fiscal 2024, the second year of the new Medium-Term Management Plan 2025, the company’s results were affected by multiple changes in the external environment that exceeded expectations, including the prolonged slowdown in the Chinese economy and intensifying competition resulting from increased production of basic chemicals in China.」
For the second year of the new Medium-Term Management Plan 2025, the company reviewed progress in withdrawing from the superabsorbent polymer business, reforming the supply chain and developing new businesses, and is proceeding with a review of the plan in light of the external environment. - FY2025-H1RestatedAnnual report
「There were no significant changes in the business and financial issues that the Group should prioritize during the interim consolidated accounting period under review.」
The company continues to explain that there have been no material changes to the priority issues related to the new Medium-Term Management Plan 2025 and “Transformation Toward the Desired Future State.” - FY2024Failure to achieve the plan in the first year of the new Medium-Term Management PlanAnnual report
「As a result, the improvement in earnings capacity has been slower than expected, and results for the fiscal year ended March 2024, the first year of the new Medium-Term Management Plan, fell short of the initial plan.」
Regarding the new Medium-Term Management Plan 2025, the company states that improvement in earnings capacity in the first year was slower than expected and fell short of the initial plan. Meanwhile, it plans to accelerate the transformation by withdrawing from low-profitability businesses. - FY2024-Q1RestatedAnnual report
「There were no material changes during the three-month period to the business and financial issues that the Group needs to address as a priority.」
The company continues to explain that there have been no material changes to the priority issues related to the new Medium-Term Management Plan 2025 and “Transformation Toward the Desired Future State.” - FY2023ReframedAnnual report
「To accelerate the transformation toward the desired future state, the group has formulated the new Medium-Term Management Plan 2025—Accelerating Transformation Toward the Desired Future State. Under this new plan, the target of operating income of ¥20 billion for fiscal 2024 set out in its management policy has been revised to operating income of ¥15 billion for fiscal 2025.」
The company has reorganized its plan from the policy for formulating the 11th Medium-Term Management Plan into the new Medium-Term Management Plan 2025, targeting operating income of ¥15 billion in fiscal 2025 while maintaining the desired future state set out in WakuWaku Explosion 2030. - FY2021First statedAnnual report
「The 11th Medium-Term Management Plan, which begins in fiscal 2022, will be formulated over fiscal 2021 following thorough discussions involving all employees. The company aims to create “a WakuWaku company” where all employees are highly motivated and find fulfillment in their work, with the goal of further increasing corporate value.」
The company stated that it would formulate the 11th Medium-Term Management Plan, scheduled to begin in fiscal 2022, during fiscal 2021 as a new plan following the 10th Medium-Term Management Plan, with the aim of creating a rewarding workplace and increasing corporate value.