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Management planning6814FURUNO ELECTRIC CO.,LTD.Electrical Equipment and Precision Instruments

Growth Strategy Toward 2030 and Setting Targets for the Fiscal Year Ending February 2031

The Company newly defined its vision for growth beyond the existing medium-term management plan as the “Growth Story Toward 2030” and set targets for fiscal 2030 (the fiscal year ending February 2031), including net sales and operating profit margin.

Worth reading
53Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
1800
¥ hundred million
Wording
Conditional
How definitive the wording is.

Items stated in the management plan

Formulated
Growth Story Toward 2030Plan period Fiscal 2030 (the fiscal year ending February 2031)
Publication date 9 October 2026
Net Sales+0.2%
基準 2,025Target2,030hundred million
Operating profit margin+5.0pt
基準 2,025Target2,030%
ROE+5.0pt
基準 2,025Target2,030%
ROIC+5.0pt
基準 2,025Target2,030%

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.

What happened to the previous planTargets for consolidated net sales and operating profit margin under the management vision formulated in December 2018 → Achieved the target ahead of schedule in the fiscal year ending February 2025+0.3%Calculated from the two disclosed figures
Statements about the use of capital
Payout ratio / DOE policyStable and continuous shareholder returns. Numerical targets and the target period: Not disclosed.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Shift to solutions
02Expansion of the services business
03Evolution of global management
04Rigorous pursuit of growth investment
05Promotion of ROIC Management
06Stable and continuous shareholder returns
07Maintain a strong financial foundation
Plan assumptionsAssumed exchange rates: USD = ¥150 / EUR = ¥169
Segment targetField Industrial / FY2025 ¥19.2 billion / FY2030 ¥30 billion, Field ITS/GNSS / FY2025 ¥8.8 billion / FY2030 ¥11.5 billion, Field Defense equipment / FY2025 ¥5.5 billion / FY2030 ¥11 billion, Field Marine / FY2025 ¥121.4 billion / FY2030 ¥150 billion, Field Commercial vessels / FY2025 ¥44.7 billion / FY2030 ¥50.0 billion, Field Service / FY2025 ¥22 billion / FY2030 ¥35.0 billion, Field Pleasure Boats / FY2025 ¥15.5 billion / FY2030 ¥20 billion
Items stated in the management plan
ItemDetails
Plan nameGrowth Story Toward 2030
Plan periodFiscal 2030 (the fiscal year ending February 2031)
Progress against the planFormulated
Sales TargetFY2025 actual: ¥140.6 billion → FY2030 target: ¥180 billion
Operating profit margin targetFY2025 actual: 11.6% → FY2030 target: 15% or higher
ROE targetFY2025 actual: 20.7% (5-year average: 11.5%) → FY2030 target: 15% or higher
ROIC targetFY2025 actual: 15.5% (5-year average: 7.9%) → FY2030 target: 15% or higher
Payout ratio / DOE policyStable and continuous shareholder returns. Numerical targets and the target period: Not disclosed.
Segment targetField Industrial / FY2025 ¥19.2 billion / FY2030 ¥30 billion, Field ITS/GNSS / FY2025 ¥8.8 billion / FY2030 ¥11.5 billion, Field Defense equipment / FY2025 ¥5.5 billion / FY2030 ¥11 billion, Field Marine / FY2025 ¥121.4 billion / FY2030 ¥150 billion, Field Commercial vessels / FY2025 ¥44.7 billion / FY2030 ¥50.0 billion, Field Service / FY2025 ¥22 billion / FY2030 ¥35.0 billion, Field Pleasure Boats / FY2025 ¥15.5 billion / FY2030 ¥20 billion
Plan assumptionsAssumed exchange rates: USD = ¥150 / EUR = ¥169
Key initiativesShift to solutions, Expansion of the services business, Evolution of global management, Rigorous pursuit of growth investment, Promotion of ROIC Management, Stable and continuous shareholder returns, Maintain a strong financial foundation
Results under the previous planTargets for consolidated net sales and operating profit margin under the management vision formulated in December 2018 → Achieved the target ahead of schedule in the fiscal year ending February 2025
Publication date9 October 2026
Items this document does not state (12)
Operating profit targetNet income targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorNon-financial targetsReason 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.

In light of having achieved the targets of its previous management vision ahead of schedule in the fiscal year ending February 2025, the Company sought to clarify how initiatives under the medium-term management plan will lead to future growth and present its next phase of growth.

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.
Growth Strategy Toward 2030 and Setting Targets for the Fiscal Year Ending February 2031 | FURUNO ELECTRIC CO.,LTD. (6814) timely disclosure | Komori