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Daido Steel (5471) · TargetReframed

Daido Steel Group 2023 Medium-Term Management Plan

First written in FY2022-Q1. 2 of 4 entries say "Restated". Latest entry: FY2024.

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ProgressHeldSoftenedWorseRestatedFY2022-Q1 – FY20222021: 220212022: 120222023: 020232024: 12024
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  1. FY2024ReframedAnnual report

    「[2026 Medium-Term Plan: Management Policy] - Transition Management - We will treat changes in the socioeconomic environment and industrial structure as business opportunities, transform our business portfolio and achieve sustainable profit growth through new business domains (customers × value provided × means).」

    As the successor to the 2023 Medium-Term Management Plan, the 2026 Medium-Term Plan establishes transformation of the business portfolio, strengthening of the management foundation, and advancement of ESG management as its key pillars.
  2. FY2022RestatedAnnual report

    「Under the 2023 Medium-Term Management Plan, we will advance business activities in preparation for future changes in the operating environment while further developing the action policies of the 2020 Medium-Term Management Plan in order to realize our vision for 2030.」

    The 2023 Medium-Term Management Plan is reconfirmed as a plan that both further develops the 2020 Medium-Term Management Plan and realizes the vision for 2030.
  3. FY2022-Q2RestatedAnnual report

    「In June 2021, our group formulated the 2023 Medium-Term Management Plan, based on its vision for 2030 and with the 3 years through fiscal 2023 (the fiscal year ending March 2024) as the implementation period. Under the 2023 Medium-Term Management Plan, we will advance business activities in preparation for future changes in the operating environment while further developing the action policies of the 2020 Medium-Term Management Plan in order to realize our vision for 2030.」

    The 2023 Medium-Term Management Plan, with the 3 years through fiscal 2023 as its implementation period, and the purpose behind its formulation are reiterated.
  4. FY2022-Q1First statedAnnual report

    「In June 2021, our group formulated the 2023 Medium-Term Management Plan, based on its vision for 2030 and with the 3 years through fiscal 2023 (the fiscal year ending March 2024) as the implementation period. Under the 2023 Medium-Term Management Plan, we will advance business activities in preparation for future changes in the operating environment while further developing the action policies of the 2020 Medium-Term Management Plan in order to realize our vision for 2030. ① Expanding businesses in growth fields: Focus on next-generation priority growth products, including CASE (automobiles), semiconductor-related products and green energy. ② Strengthening business fundamentals: Enhance resilience to changes in the external environment. ③ Expanding overseas operations: Expand high-performance materials, mainly in East Asian markets. ④ Promoting ESG management: Reduce CO2 emissions and strengthen governance toward sustainable management.」

    In June 2021, a new medium-term management plan was formulated with the 3 years through fiscal 2023 as its implementation period. Its action policies are expansion in growth fields, strengthening business fundamentals, overseas expansion centered on East Asia, and ESG management.
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Daido Steel's next results are scheduled for 2026-10-29. Read the earnings preview
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