Items stated in the management plan
Partially revisedEach 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. For metrics expressed as percentages, differences are shown in percentage points (pt).The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
The rise in geopolitical risks that could not have been anticipated when the plan was formulated, the yen's depreciation amid global monetary tightening, and soaring resource and energy prices had a significant impact on the performance of the Housing Equipment and Electronic Equipment segments. In addition, the recent deterioration in the situation in the Middle East has caused disruptions in the supply chain for construction materials, raising concerns over revisions to or delays in construction plans.
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan 2027 |
| Plan period | 3-year period from the fiscal year ending March 2025 (fiscal year 55) through the fiscal year ending March 2027 (fiscal year 57) |
| Progress against the plan | Partially revised |
| Sales Target | ¥68,000 million → ¥65,200 million |
| ROE target | 9.0% or more → 6.4% |
| Payout ratio / DOE policy | In addition to a consolidated payout ratio target of 40%, the Company will implement progressive dividends. Applicable period: the implementation period of the Medium-Term Management Plan 2027 (from the fiscal year ending March 2025 through the fiscal year ending March 2027) |
| Key initiatives | Point 1: Evolving the core business and rebuilding the business portfolio, Point 2: Achieve management that is conscious of the cost of capital and share price, Point 3: Implement progressive dividends in addition to a consolidated payout ratio target of 40% |
| Reason for revision or withdrawal | The rise in geopolitical risks that could not have been anticipated when the plan was formulated, the yen's depreciation amid global monetary tightening, and soaring resource and energy prices had a significant impact on the performance of the Housing Equipment and Electronic Equipment segments. In addition, the recent deterioration in the situation in the Middle East has caused disruptions in the supply chain for construction materials, raising concerns over revisions to or delays in construction plans. |
| Risks identified | Rising geopolitical risks, The yen's depreciation amid global monetary tightening, Surging Resource and Energy Prices, Deterioration in the Middle East situation, Disruptions in the supply chain for construction materials, Revisions to or delays in construction plans |
| Date of board resolution | 1 May 2026 |
| Publication date | 1 May 2026 |
Items this document does not state (14)
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.This decision was based on a comprehensive assessment of the significant impact on the performance of the Housing Equipment and Electronic Equipment segments from the rise in geopolitical risks that could not have been anticipated when the plan was formulated, the yen's depreciation amid global monetary tightening, and soaring resource and energy prices, as well as concerns over disruptions in the supply chain for construction materials and revisions to or delays in construction plans resulting from the recent deterioration in the situation in the Middle East.