Komori
Management planning6506YASKAWA Electric CorporationElectrical Equipment and Precision Instruments

Formulation of the New Long-Term Management Plan, the “2035 Vision,” and the New Medium-Term Management Plan, “Dash 35”

Rather than updating the previous plans, the Company has newly formulated the long-term management plan “2035 Vision,” covering FY2026 through FY2035, and the medium-term management plan “Dash 35,” covering its first 4 years. Under Dash 35, the Company aims to achieve revenue of ¥650 billion, operating profit of ¥100 billion, ROE of at least 12.0%, and ROIC of at least 11.0% in FY2029.

Worth reading
48Recurring
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
1000
¥100 million (FY2029 operating profit target)
Wording
Conditional
How definitive the wording is.

Items stated in the management plan

Formulated
Long-term management plan “2035 Vision” and medium-term management plan “Dash 35”Plan period FY2026–FY2035 (2035 Vision); FY2026–FY2029 (Dash 35)
Publication date 22 May 2026
Net Sales+0.2%
基準 2,025Target2,029million
Operating profit+0.2%
基準 2,025Target2,029million
Operating profit margin+10.0pt
基準 2,025Target2,035%
ROE+4.0pt
基準 2,025Target2,029%
ROIC+4.0pt
基準 2,025Target2,029%

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. 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.

Statements about the use of capital
Payout ratio / DOE policyDividend payout ratio of at least 40.0%. The applicable period is FY2035 under 2035 Vision and FY2029 under Dash 35.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01① Strengthen competitiveness in core areas
02② Expand new mechatronics application areas
03③ Expand the physical AI market
04④ Strengthen the management foundation
05① Basic Policy 1: Develop the physical AI market
06② Basic Policy 2: Expand the implementation of i3-Mechatronics
07③ Basic Policy 3: Develop new products with a commitment to being the world’s best
08④ Basic Policy 4: Expand businesses in new mechatronics application areas
09⑤ Basic Policy 5: Advance YDX and i3-Singularity
Plan assumptionsActual FY2025 exchange rates: ¥149.87 per US dollar, ¥172.76 per euro, ¥21.01 per yuan, and ¥0.105 per won. Assumed FY2029 exchange rates: ¥145.00 per US dollar, ¥170.00 per euro, ¥20.50 per yuan, and ¥0.105 per won.
Items stated in the management plan
ItemDetails
Plan nameLong-term management plan “2035 Vision” and medium-term management plan “Dash 35”
Plan periodFY2026–FY2035 (2035 Vision); FY2026–FY2029 (Dash 35)
Progress against the planFormulated
Sales TargetFY2025 actual: ¥542.1 billion → FY2029 target: ¥650 billion
Operating profit targetFY2025 actual: ¥47.3 billion → FY2029 target: ¥100 billion
Operating profit margin targetFY2025 actual: 8.7% → FY2029 target: 15.4%; FY2035 target: at least 20.0%
ROE targetFY2025 actual: 7.7% → FY2029 target: at least 12.0%
ROIC targetFY2025 actual: 6.9% → FY2029 target: at least 11.0%
Payout ratio / DOE policyDividend payout ratio of at least 40.0%. The applicable period is FY2035 under 2035 Vision and FY2029 under Dash 35.
Plan assumptionsActual FY2025 exchange rates: ¥149.87 per US dollar, ¥172.76 per euro, ¥21.01 per yuan, and ¥0.105 per won. Assumed FY2029 exchange rates: ¥145.00 per US dollar, ¥170.00 per euro, ¥20.50 per yuan, and ¥0.105 per won.
Key initiatives① Strengthen competitiveness in core areas, ② Expand new mechatronics application areas, ③ Expand the physical AI market, ④ Strengthen the management foundation, ① Basic Policy 1: Develop the physical AI market, ② Basic Policy 2: Expand the implementation of i3-Mechatronics, ③ Basic Policy 3: Develop new products with a commitment to being the world’s best, ④ Basic Policy 4: Expand businesses in new mechatronics application areas, ⑤ Basic Policy 5: Advance YDX and i3-Singularity
Publication date22 May 2026
Items this document does not state (13)
Net income targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetNon-financial targetsResults under the previous planReason for revision or withdrawalSize of the Target MarketRisks identifiedDate of board resolution

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 increase the value of automation solutions centered on i³-Mechatronics, advance the social implementation of physical AI using AI and data, expand new mechatronics application areas, and develop the physical AI market, thereby contributing to the achievement of the “2035 Vision.”

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