Formulation and Achievement of Medium-Term Management Plan 1618

「In addition, to realize the desired state set out in the “10-Year Plan,” the Group formulated Medium-Term Business Plan “R3” in April 2026, covering fiscal 2026 through fiscal 2028, with three pillars: “multifaceted expansion of existing businesses,” “diversification of the business portfolio,” and “fostering a culture that learns from failure and enables people to experience growth.”」

「The Group is advancing initiatives toward the two pillars set out in Medium-Term Business Plan “R2,” for which the current consolidated fiscal year is the final year: “accelerating profitable growth in core businesses” and “launching and developing new businesses,”」

「The outlook for business performance in the fiscal year ending March 2026, the final year of Medium-Term Business Plan “R2,” is revenue of ¥60.0 billion, operating income of ¥1.4 billion, ordinary income of ¥1.3 billion, and net income attributable to owners of the parent of ¥0.6 billion. This is expected to be substantially below the R2 plan.」

「Against this backdrop, to achieve the targets set out in Medium-Term Business Plan “R2,” for which the current consolidated fiscal year is the second year, the Group is advancing initiatives toward the two pillars of “accelerating profitable growth in core businesses” and “launching and developing new businesses,” and worked to strengthen resilience to rising raw material prices, utility costs and logistics costs through cost reductions using technical VE and thorough expense reductions, while acquiring new businesses and developing existing customer relationships.」

「To realize its desired state for the fiscal year ending March 2030, the Group is currently working to achieve Medium-Term Business Plan “R2,” with the fiscal year ending March 2026 as its final year. It will plan and implement various measures to accelerate profitable growth in core businesses by focusing on growing and high-value-added markets, and to launch and develop new businesses through the full-scale operation of next-generation battery and solutions businesses and the elemental development of next-next-generation battery and solutions businesses. As management targets for the current consolidated fiscal year, the first year of R2, the Group pursued revenue of ¥65.0 billion, operating income of ¥0.5 billion, ordinary income of ¥0.4 billion, and net income attributable to owners of the parent of ¥0.1 billion. As a result, revenue was ¥62.676 billion, operating income was ¥0.568 billion, ordinary income was ¥0.720 billion, and net income attributable to owners of the parent was ¥0.120 billion, exceeding the targets except for revenue.」

「To achieve the targets of Medium-Term Business Plan “R2,” for which the current consolidated fiscal year is the first year, the Group is advancing the two pillars of “accelerating profitable growth in core businesses” and “initiatives to launch and develop new businesses,”」

「Against this backdrop, to achieve the targets set out in Medium-Term Business Plan “R2,” for which the current consolidated fiscal year is the first year, the Group is advancing the two pillars of “accelerating profitable growth in core businesses” and “launching and developing new businesses,”」

「Against this backdrop, to achieve the targets set out in Medium-Term Business Plan “R2,” for which the current consolidated fiscal year is the first year, the Group is advancing the two pillars of “accelerating profitable growth in core businesses” and “launching and developing new businesses,”」

「To realize its desired state for the fiscal year ending March 2030, the Group refined its business portfolio from Medium-Term Business Plan “R1” and formulated Medium-Term Business Plan “R2,” with the fiscal year ending March 2026 as its final year. For the cumulative period of R2, the Group will pursue revenue of ¥200.0 billion, operating income of ¥5.0 billion, ROIC of 5%, and cash flow from operating activities of ¥13.0 billion. For the fiscal year ending March 2026, the final year of R2, it will pursue revenue of ¥68.0 billion and an operating margin of 4.1%.」

「Against this backdrop, to achieve the targets set out in Medium-Term Business Plan “R1,” for which the current consolidated fiscal year is the final year, the Group is advancing initiatives to stabilize its existing businesses and achieve profitable growth.」

「Against this backdrop, to achieve the targets set out in Medium-Term Business Plan “R1,” for which the current consolidated fiscal year is the final year, the Group is advancing initiatives to stabilize its existing businesses and achieve profitable growth.」

「Against this backdrop, to achieve the targets set out in Medium-Term Business Plan “R1,” for which the current consolidated fiscal year is the final year, the Group is advancing initiatives to stabilize its existing businesses and achieve profitable growth. It worked to ensure product supplies to customers despite component procurement difficulties and logistics disruptions, strengthen resilience to rising raw material prices through cost reductions using technical VE and thorough expense reductions, review sales prices, and develop new customers and deepen existing customer relationships.」

「To realize its desired state for fiscal 2029, the Group formulated Medium-Term Business Plan “R1,” with fiscal 2022 as its final year, and will plan and implement various measures to stabilize its existing businesses, establish profitable growth, and actively develop new businesses leading to the next generation in order to achieve R1. The Group is pursuing management targets of revenue of ¥60.0 billion and an operating margin of 5.1% for the fiscal year ending March 2023, the final year of R1, and revenue of ¥80.0 billion and an operating margin of 7.5% for the fiscal year ending March 2030, the final year of the “10-Year Plan.”」

「Against this backdrop, the Group is advancing initiatives to stabilize its existing businesses and achieve profitable growth, toward achieving the targets set out in Medium-Term Business Plan “R1.”」

「Against this backdrop, the Group is advancing initiatives to stabilize its existing businesses and achieve profitable growth, toward achieving the targets set out in Medium-Term Business Plan “R1.”」

「Against this backdrop, the Group is advancing initiatives to stabilize its existing businesses and achieve profitable growth, toward achieving the targets set out in Medium-Term Business Plan “R1.”」

「The Group pursued management targets for the current consolidated fiscal year of revenue of ¥59.0 billion, operating income of ¥1.3 billion, ordinary income of ¥0.9 billion, and net income attributable to owners of the parent of ¥1.5 billion. As a result, revenue was ¥61.543 billion, operating income was ¥1.743 billion, ordinary income was ¥1.274 billion, and net income attributable to owners of the parent was ¥2.009 billion, all substantially exceeding the targets.」

「To achieve the targets set out in Medium-Term Business Plan “R1,” the Group continued initiatives to transform the quality of its existing businesses and expand its product lineup, while responding to demand related to the medical field and new lifestyles, and began production at its Kosai Plant in Kosai, Shizuoka Prefecture, of small all-solid-state batteries compatible with SMD for which it had been establishing a mass-production structure.」

「To achieve the targets set out in Medium-Term Business Plan “R1,” which began in April of the current year, the Group advanced preparations for mass production at its Kosai Plant in Kosai, Shizuoka Prefecture, in preparation for starting mass production of small all-solid-state batteries compatible with SMD during the third quarter of the current consolidated fiscal year, alongside initiatives to transform the quality of its existing businesses and respond to related demand in the medical field and under new lifestyles.」

「To achieve the targets set out in Medium-Term Business Plan “R1,” which began in April of the current year, the Group began constructing a mass-production line at its Kosai Plant in Kosai, Shizuoka Prefecture, in preparation for the start of mass production of small all-solid-state batteries compatible with SMD during the third quarter of the current consolidated fiscal year, alongside initiatives to transform the quality of its existing businesses.」

「The Group will pursue management targets of revenue of ¥60.0 billion and an operating margin of 5.1% in fiscal 2022, the final year of Medium-Term Business Plan “R1,” and revenue of ¥80.0 billion and an operating margin of 7.5% in fiscal 2029, 10 years from now.」

「Against this backdrop, the Group formulated Medium-Term Business Plan “R1,” beginning in fiscal 2020, to realize its Vision of “bringing together advanced technologies as a Smart Energy Partner, enabling customers to use electrical energy safely and efficiently, and contributing to the realization and development of a sustainable society,” as well as its desired state 10 years from now. To achieve this, during the current consolidated fiscal year the Group worked on structural reforms and initiatives to reorganize its business portfolio, including the transfer of part of the electronic business and workforce optimization based on the implementation of a career-transition support program, while developing next-generation batteries such as small all-solid-state batteries compatible with SMD, hydrogen-air rechargeable batteries and nickel-zinc batteries, and expanding its battery business for industrial applications in its existing businesses.」

「As a Smart Energy Partner offering customers clean and safe electrical energy that can be used reliably, through the development and provision of next-generation batteries such as small all-solid-state batteries compatible with SMD, hydrogen-air rechargeable batteries and nickel-zinc batteries, the Group formulated Medium-Term Business Plan “R1,” beginning in fiscal 2020, to implement measures aimed at further concentrating management resources and realizing its desired state 10 years from now.」

「Against this backdrop, the Group is formulating a new medium-term management plan beginning in fiscal 2019. However, due to the impact of the transfer of businesses comprising part of the Company's electronic business, including ferrite, coil devices, multilayer power inductors and ceramic components (piezoelectric components), announced on 26 April 2019, the formulation of its medium- to long-term plan has been delayed. The new medium-term management plan, including management targets and indicators, will be disclosed once it has been formulated.」

「There were no material changes during the third quarter of the current consolidated cumulative period in the objective indicators or other matters used to assess the status of achievement of the Group's management policies, management strategies and management objectives.」

「There were no material changes during the second quarter of the current consolidated cumulative period in the objective indicators or other matters used to assess the status of achievement of the Group's management policies, management strategies and management objectives.」

「Against this backdrop, the Group brought together its strengths in battery, circuit and power electronics technologies and worked to develop new customers and expand sales in Japan and overseas for battery-centered solutions combining batteries with electronic technologies, targeting existing markets such as consumer electronics, backup power supplies and automotive accessories, as well as new markets such as IoT, mobility and social infrastructure, where significant growth is expected in the future.」

「The Group's vision is to bring together its strengths in battery, circuit and power electronics technologies and, as a Smart Energy Manager that contributes globally to society through technologies for using electrical energy efficiently, provide customers with services and value through “One FDK” and meet the expectations of shareholders, customers and other stakeholders.」

「There were no material changes or newly arising issues during the third quarter of the current consolidated cumulative period among the business and financial issues that the Group needs to address.」

「Against this backdrop, in the industrial market, the Group worked to develop new customers globally and expand supply volumes of nickel-metal hydride batteries for industrial applications, lithium batteries for residential fire alarm applications in Japan, and multilayer power inductors for smartphones, in applications such as automotive, housing, and information and communications, where growth is expected as IoT and mobility develop.」

「There were no material changes during the first quarter of the current consolidated cumulative period in the objective indicators or other matters used to assess the status of achievement of the Group's management policies, management strategies and management objectives. Against this backdrop, in the industrial market, the Group worked to develop new customers globally in markets such as automotive, housing, and information and communications, where growth is expected in the future, and to expand supply volumes of nickel-metal hydride batteries for industrial applications, lithium batteries for residential fire alarm applications in Japan, and multilayer power inductors for smartphones.」

「Against this backdrop, to achieve the targets set out in Medium-Term Management Plan 1618, which began in April of the previous year, the Group worked to develop new customers in Japan and overseas in areas such as automotive, housing, environmental energy and information and communications, where growth is expected in the future, for the industrial market, and developed sensor devices for the arrival of the IoT era, the high-capacity, long-life and highly recyclable nickel-metal hydride storage battery Megatowacell®, positive-electrode materials for all-solid-state lithium-ion batteries with high energy density, and DC-DC power modules that deliver high output in half the conventional size.」

「Against this backdrop, to achieve the targets set out in Medium-Term Management Plan 1618, which began in April of the previous year, the Group worked to develop new customers in Japan and overseas in areas such as automotive, housing, environmental energy and information and communications, where growth is expected in the future, for the industrial market, and developed sensor devices in preparation for the arrival of the IoT era, in which everything will be connected to the Internet.」

「Against this backdrop, to achieve the targets set out in Medium-Term Management Plan 1618, which began in April of the current year, the Group promoted the image sound in Japan and overseas as part of its promotion of FUJITSU rechargeable batteries, which are highly regarded as environmentally friendly products, held live events in collaboration with the image sound composer, and worked to raise global brand awareness through social media and other channels for the consumer market.」

「Against this backdrop, to achieve the targets set out in Medium-Term Management Plan 1618, which began in April of the current year, the Group worked to expand sales in global markets expected to grow in the future, including automotive, housing, environmental energy and information and communications, for the industrial market, while also working to develop new products for these markets.」

「In addition, the Group formulated Medium-Term Management Plan 1618, with fiscal 2016 as its first year, and implemented the various measures below to achieve the plan.」