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Earnings presentation materials6363Torishima Pump Mfg.Co.,Ltd.Machinery

Mid-Term Management Plan Upgrade “Beyond110 Version 3”

The Mid-Term Management Plan “Beyond110” has been upgraded to Version 3, with targets for fiscal 2029 of ¥135.0 billion in revenue, ¥11.0 billion in ordinary profit and ROE of 10%. In light of the early achievement of the previous plan, the four pillars of the growth strategy are energy, safety and security, new business areas, and lifetime support.

Worth reading
43Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
1350
¥100 million (fiscal 2029 revenue target)
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Medium-Term Management Plan Presentation7 items taken from the company’s own explanation
What the company explained in this material
New initiatives
  • Upgrade of the Mid-Term Management Plan Beyond110 to Version 3
  • Full-scale entry into the oil and gas market through collaboration with Shin-Nippon Machinery Co., Ltd.
  • R&D investment in next-generation energy fields, including liquefied hydrogen pumps equipped with superconducting motors
  • Expansion of the global service network
  • Promotion of predictive maintenance through TR-COM
  • Promotion of REDU (Re-Engineering & Design-Up) for existing pumps
  • Use of complementary, small-scale M&A
Key KPIsA metric the company considers important as a management benchmark.
  • Number of pumps in operationJapan: 92,427; Asia excluding Japan: 20,870; North America: 1,119; Europe: 816; Africa: 1,999; Middle East: 9,677; Oceania: 236; Latin America: 946
  • Number of steam turbines in operationJapan: 2,984; Asia excluding Japan: 3,750; North America: 246; Europe: 170; Africa: 208; Middle East: 388; Oceania: 96; Latin America: 281
  • Growth rate of overseas service revenueApproximately 2.4x (over the same five-year period)
  • Growth rate of Japan service revenueApproximately 1.3x (over the same five-year period)
Medium-term management plan targets
Fiscal 2029
Net Sales¥135.0 billion
Ordinary income¥11 billion
Operating Profit EquivalentEquivalent to ¥12.0 billion in operating profit
Annual ROE10%
CAGR (FY2020–FY2029)
Net Sales11.5% per year
Ordinary income10.1% per year
Financial targets
Annual ROE10% (fiscal 2029 target)
DOE3% (basic shareholder return policy)
Payout ratio35% (basic shareholder return policy)
Market Size / Share
The oil and gas/API pump market is worth several hundred billion yen. The company cites its strengths in pursuing the No. 1 position globally in seawater desalination pumps.
Capital expenditures
¥26.0 billion (fiscal 2026 financial structure)
Payout ratio
35% (guideline)
Contents of this document
ItemDetails
Document typeMedium-Term Management Plan Presentation
Key KPIsIndicator name Number of pumps in operation / Value Japan: 92,427; Asia excluding Japan: 20,870; North America: 1,119; Europe: 816; Africa: 1,999; Middle East: 9,677; Oceania: 236; Latin America: 946 / Year on year against the same period last year Not disclosed, Indicator name Number of steam turbines in operation / Value Japan: 2,984; Asia excluding Japan: 3,750; North America: 246; Europe: 170; Africa: 208; Middle East: 388; Oceania: 96; Latin America: 281 / Year on year against the same period last year Not disclosed, Indicator name Growth rate of overseas service revenue / Value Approximately 2.4x (over the same five-year period) / Year on year against the same period last year Not disclosed, Indicator name Growth rate of Japan service revenue / Value Approximately 1.3x (over the same five-year period) / Year on year against the same period last year Not disclosed
Medium-term management plan targetsFiscal 2029 Net Sales ¥135.0 billion / Ordinary income ¥11 billion / Operating Profit Equivalent Equivalent to ¥12.0 billion in operating profit / Annual ROE 10% / CAGR (FY2020–FY2029) Net Sales 11.5% per year / Ordinary income 10.1% per year
Financial targetsAnnual ROE 10% (fiscal 2029 target) / DOE 3% (basic shareholder return policy) / Payout ratio 35% (basic shareholder return policy)
Payout ratio35% (guideline)
Capital expenditures¥26.0 billion (fiscal 2026 financial structure)
Market Size / ShareThe oil and gas/API pump market is worth several hundred billion yen. The company cites its strengths in pursuing the No. 1 position globally in seawater desalination pumps.
New initiativesUpgrade of the Mid-Term Management Plan Beyond110 to Version 3, Full-scale entry into the oil and gas market through collaboration with Shin-Nippon Machinery Co., Ltd., R&D investment in next-generation energy fields, including liquefied hydrogen pumps equipped with superconducting motors, Expansion of the global service network, Promotion of predictive maintenance through TR-COM, Promotion of REDU (Re-Engineering & Design-Up) for existing pumps, Use of complementary, small-scale M&A
Items this document does not state (23)
Fiscal Period CoveredNet SalesOperating profitOrdinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAnnual DividendAcquisition of treasury sharesOrders received and order backlogKey points of the Q&A

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.

To achieve the targets of Beyond110 V1 and V2 ahead of schedule and pursue further growth. The company will expand the number of products in operation, establish a sustainable and stable earnings base through lifetime support, and accelerate growth in both existing and new business areas.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Mid-Term Management Plan Upgrade “Beyond110 Version 3” | Torishima Pump Mfg.Co.,Ltd. (6363) timely disclosure | Komori