Preparation of a new medium-term management plan and arrangements for its announcement

「The Group recognizes that the targets for fiscal 2026 set under the 2024 Medium-Term Management Plan will be difficult to achieve, partly because the effects of struggling through the previous fiscal year have persisted amid major changes in the business environment.」

「2027年度から開始する次期中期経営計画」

「While the Group has worked on expanding sales channels and research and development, among the priority issues set out in the 2024 Medium-Term Management Plan,」

「The Group has worked on expanding sales channels, research and development, and IT investment, among the priority issues set out in the 2024 Medium-Term Management Plan formulated in May 2024.」

「In this environment, the Group has worked on the priority issues set out in the 2024 Medium-Term Management Plan formulated in May 2024.」

「The Group formulated and announced a new medium-term management plan on 15 May 2024. Under this plan, it retained the previous plan's medium- to long-term vision, "Protecting the foundations of future social life and the global environment," and established the medium-term management policy of "Creating new value through transformation and sustainable growth of the Group and contributing to a sustainable society." It aims to strengthen existing businesses and expand growth fields through the two pillars of "enhancing the profitability of core businesses" and "strengthening the management foundation for value creation," and will reinforce initiatives for sustainable growth.」

「For the Group, the coming fiscal year will be the final year of its 2021 Medium-Term Management Plan. However, the business environment has changed significantly since the plan was formulated, due to factors including higher raw material prices and a sharp decline in COP shipments, making it difficult to achieve the plan's targets.」

「While aiming for sustainable growth through the medium-term management plan’s basic policy of “Contributing to national resilience and the global environment by strengthening competitiveness and expanding our businesses through group management”」

「Under our management philosophy of “Contributing to the creation of a safe, secure and prosperous society through concrete,” our group is implementing the measures set out in the plan to realize the medium-term management plan’s basic policy of “Contributing to national resilience and the global environment by strengthening competitiveness and expanding our businesses through group management.”」

「Under our management philosophy of “Contributing to the creation of a safe, secure and prosperous society through concrete,” our group established “Protecting the foundations of future social life and the global environment” as its medium- to long-term direction and “Contributing to national resilience and the global environment by strengthening competitiveness and expanding our businesses through group management” as its basic policy in the “2021 Medium-Term Management Plan” formulated in August last year. We actively implemented the measures set out in the plan, targeting fiscal 2023 plan figures including revenue of ¥64.0 billion and ordinary income of ¥4.2 billion.」

「Against this backdrop, under our management philosophy of “Contributing to the creation of a safe, secure and prosperous society through concrete,” our group established “Protecting the foundations of future social life and the global environment” as its medium- to long-term direction and “Contributing to national resilience and the global environment by strengthening competitiveness and expanding our businesses through group management” as its basic policy in the “2021 Medium-Term Management Plan” formulated in August last year. We are actively implementing the measures set out in the plan, targeting fiscal 2023 plan figures including revenue of ¥64.0 billion and ordinary income of ¥4.2 billion.」

「Under our management philosophy of “Contributing to the creation of a safe, secure and prosperous society through concrete,” our group established “Protecting the foundations of future social life and the global environment” as its medium- to long-term direction and “Contributing to national resilience and the global environment by strengthening competitiveness and expanding our businesses through group management” as its basic policy in the “2021 Medium-Term Management Plan” formulated in August this year. We are actively implementing the measures set out in the plan, targeting fiscal 2023 plan figures including revenue of ¥64.0 billion and ordinary income of ¥4.2 billion. In July this year, as scheduled, we made Tohoku Pole Co., Ltd. a subsidiary and began initiatives to realize synergies.」

「Taking into account the management resources cultivated over more than 70 years and the social mission we must fulfill, in the “2021 Medium-Term Management Plan” formulated in August 2021 we established “Protecting the foundations of future social life and the global environment” as our medium- to long-term direction, and “Contributing to national resilience and the global environment by strengthening competitiveness and expanding our businesses through group management” as our basic policy. We are working to enhance corporate value through sustainable growth.」

「Regarding the new medium-term management plan, we are carefully assessing future social conditions and the business environment, as well as the outlook for group management and our growth strategy, and are preparing to announce and explain the plan as promptly as possible.」