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Management planning6899ASTI CORPORATIONElectrical Equipment and Precision Instruments

Notice Regarding the Formulation of a Medium-Term Management Plan

ASTI has formulated its medium-term management plan, VISION2030, covering the fiscal year ending March 2031. With its India business and EV-related components among its priority businesses, the company aims to achieve revenue of ¥75 billion, operating profit of ¥3 billion, and net income of ¥2.1 billion in fiscal 2030.

Worth reading
54Recurring
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
750
¥100 million (fiscal 2030 revenue target)
Wording
Definitive
How definitive the wording is.

Items stated in the management plan

Formulated
Medium-term management plan (VISION2030)Plan period Fiscal 2026 through fiscal 2030 (final year: fiscal year ending March 2031)
Publication date 14 May 2026
Net Sales+0.2%
基準 2,025Target2,030million
Operating profit+0.2%
基準 2,025Target2,030million
Net income for the current fiscal year+0.2%
基準 2,025Target2,030million

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.

Statements about the use of capital
Payout ratio / DOE policyDividends will be paid based on the higher of 20% of consolidated operating profit or 1% of equity (net assets). Period covered: not disclosedThe payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01India business
02Various EV-related electronic components
03Wire harnesses for motorcycles and outboard motors
04Medical-related products
05Strengthening the R&D Organization
06Enhance production engineering capabilities
07Promote the use of information systems
08Leverage certification systems
09Diversity
Segment targetSegment name India business / Indicator Revenue / Target value ¥250 million / Timing FY2030
Non-financial targetsIndicator name Percentage of Female Managers / Target value 10% / Timing Not disclosed, Indicator name Percentage of regular employees who are foreign nationals / Target value At least 5% / Timing Not disclosed, Indicator name Appointment of foreign-national regular employees to management positions / Target value At least 1 person / Timing Not disclosed, Indicator name Platinum Kurumin Certification / Target value Obtain certification / Timing Not disclosed, Indicator name Eruboshi Certification / Target value Obtain the third level / Timing Not disclosed, Indicator name Overseas production ratio / Target value 60% or more / Timing 2030, Indicator name Overseas Revenue Mix / Target value At least 50% / Timing 2030, Indicator name Quality level at all locations / Target value Achieve the same quality level / Timing 2030
Items stated in the management plan
ItemDetails
Plan nameMedium-term management plan (VISION2030)
Plan periodFiscal 2026 through fiscal 2030 (final year: fiscal year ending March 2031)
Progress against the planFormulated
Sales TargetFiscal 2025 actual: 624 → Fiscal 2030 target: 750
Operating profit targetFiscal 2025 actual: 13 → Fiscal 2030 target: 30
Net income targetFiscal 2025 actual: 7 → Fiscal 2030 target: 21
Payout ratio / DOE policyDividends will be paid based on the higher of 20% of consolidated operating profit or 1% of equity (net assets). Period covered: not disclosed
Segment targetSegment name India business / Indicator Revenue / Target value ¥250 million / Timing FY2030
Non-financial targetsIndicator name Percentage of Female Managers / Target value 10% / Timing Not disclosed, Indicator name Percentage of regular employees who are foreign nationals / Target value At least 5% / Timing Not disclosed, Indicator name Appointment of foreign-national regular employees to management positions / Target value At least 1 person / Timing Not disclosed, Indicator name Platinum Kurumin Certification / Target value Obtain certification / Timing Not disclosed, Indicator name Eruboshi Certification / Target value Obtain the third level / Timing Not disclosed, Indicator name Overseas production ratio / Target value 60% or more / Timing 2030, Indicator name Overseas Revenue Mix / Target value At least 50% / Timing 2030, Indicator name Quality level at all locations / Target value Achieve the same quality level / Timing 2030
Key initiativesIndia business, Various EV-related electronic components, Wire harnesses for motorcycles and outboard motors, Medical-related products, Strengthening the R&D Organization, Enhance production engineering capabilities, Promote the use of information systems, Leverage certification systems, Diversity
Publication date14 May 2026
Items this document does not state (14)
Operating profit margin targetROE targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorPlan assumptionsResults 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.

The document does not explicitly state the reason for formulating the plan.

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.
Notice Regarding the Formulation of a Medium-Term Management Plan | ASTI CORPORATION (6899) timely disclosure | Komori