Transforming management, businesses and technology under the medium-term management plan “MINO Transformation Plan 2025”
First written in FY2023. 1 of 2 entries say "Advanced", first in FY2024. Latest entry: FY2024.
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- FY2024AdvancedAnnual report
「Our Group established the medium-term management plan “MINO Transformation Plan 2025,” announced in May 2022, and is working as one to achieve net sales of ¥15,500 million and operating profit of ¥1,500 million in the fiscal year ending March 2025 by steadily implementing its 3 key strategies: sustainability, digital and global.」
Restated the targets for the final year of the medium-term management plan and disclosed a progress table for the operating margin, ROE and dividend payout ratio, comparing FY2024 results with the FY2025 plan. - FY2023First statedAnnual report
「For more than 100 years since our founding, we have steadily built a structure capable of generating profits by gradually adapting the form of the Company, the products it handles and its organizational structure to changes in the social and economic environment. We are now in the midst of a turbulent period known as VUCA (Volatility, Uncertainty, Complexity and Ambiguity), and believe that our Group must transform its management, businesses, operations and technology development to adapt to or anticipate the times and survive as a more resilient and distinctive ceramics and refractory manufacturer.」
The medium-term management plan announced in May 2022 is positioned as a plan to transform management, businesses, operations and technology development in response to VUCA. The final year of the plan is the fiscal year ending March 2025.