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Management plan5929Sanwa Holdings CorporationConstruction and Materials

Notice of the Release of the "Sanwa Global Vision 2030: Medium-Term Management Plan 2027 Supplementary Edition"

Lowered the consolidated operating profit target for fiscal 2027 from ¥95.0 billion to ¥82.0-85.0 billion and added initiatives to improve operations and restructure costs in the Americas business. Meanwhile, shareholder returns will be enhanced by setting a ROE target, adopting a dividend policy using a DOE of 15% as a guideline, and conducting an additional share buyback of approximately ¥60.0 billion.

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Items stated in the management plan

Partially revised
Sanwa Global Vision 2030: Medium-Term Management Plan 2027, Supplementary EditionPlan period Three years from fiscal 2025 to fiscal 2027 (2025-2027)
Date of board resolution 30 October 2026 · Publication date 30 October 2026
Operating profit-189.5%
基準 95Target-85hundred million

Each line is the climb from the baseline the document states to the target it sets. The slope is scaled against the largest climb in this document. The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.

ROENot disclosed → At least 18% under the current medium-term plan and at least 20% under the next medium-term plan
Only the target level is shown because the current level for comparison was not provided.
Statements about the use of capital
Payout ratio / DOE policyIncrease from the year-end dividend for fiscal 2026, targeting a DOE of 15%The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Treasury share acquisition policyIn addition to the approximately ¥40.0 billion included in the initial plan, conduct an additional buyback during fiscal 2027, targeting approximately ¥60.0 billion, and revise the total share buybacks under this medium-term plan to approximately ¥100.0 billion
Key initiatives
01Clarify the issues facing each business and the measures to address them
02Optimize the capital structure
03Enhance shareholder returns
Reason for revision or withdrawal

Improve the profitability of the overseas business through operational improvements and cost restructuring in the Americas business, among other measures. In addition, optimise the capital structure by using an appropriate level of financial leverage while maintaining financial soundness and continuously allocating surplus funds to shareholder returns.

Items stated in the management plan
ItemDetails
Plan nameSanwa Global Vision 2030: Medium-Term Management Plan 2027, Supplementary Edition
Plan periodThree years from fiscal 2025 to fiscal 2027 (2025-2027)
Progress against the planPartially revised
Operating profit target¥95.0 billion → ¥82.0-85.0 billion
ROE targetNot disclosed → At least 18% under the current medium-term plan and at least 20% under the next medium-term plan
Payout ratio / DOE policyIncrease from the year-end dividend for fiscal 2026, targeting a DOE of 15%
Treasury share acquisition policyIn addition to the approximately ¥40.0 billion included in the initial plan, conduct an additional buyback during fiscal 2027, targeting approximately ¥60.0 billion, and revise the total share buybacks under this medium-term plan to approximately ¥100.0 billion
Key initiativesClarify the issues facing each business and the measures to address them, Optimize the capital structure, Enhance shareholder returns
Reason for revision or withdrawalImprove the profitability of the overseas business through operational improvements and cost restructuring in the Americas business, among other measures. In addition, optimise the capital structure by using an appropriate level of financial leverage while maintaining financial soundness and continuously allocating surplus funds to shareholder returns.
Date of board resolution30 October 2026
Publication date30 October 2026
Items this document does not state (14)
Sales TargetOperating profit margin targetNet income targetROIC targetCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetNon-financial targetsPlan assumptionsResults under the previous planSize of the Target MarketRisks identified

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The stated reasons are to improve the profitability of the overseas business through operational improvements and cost restructuring in the Americas business, among other measures, and to optimise the capital structure by using an appropriate level of financial leverage while maintaining financial soundness and continuously allocating surplus funds to shareholder returns.

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Notice of the Release of the "Sanwa Global Vision 2030: Medium-Term Management Plan 2027 Supplementary Edition" | Sanwa Holdings Corporation (5929) timely disclosure | Komori