Worth reading
33Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
2200
¥100 million (FY2028 operating profit target)Wording
Definitive
How definitive the wording is.Items stated in the management plan
FormulatedOperating profitNot disclosed → 2,200 (fiscal 2028) / 2,400 or more (fiscal 2030)
Operating profit marginNot disclosed → 20% (fiscal 2028) / 20% or more (fiscal 2030)
ROENot disclosed → 14% (fiscal 2028) / 15% or more (fiscal 2030)
Only the target level is shown because the current level for comparison was not provided.Key initiatives
01Achieving new growth through Double Certification
02Human Capital Management
03Digital utilization
04Decarbonization Management
Non-financial targetsIndicator name Double Certification revenue ratio / Target value 40% (fiscal 2028) / 50% or more (fiscal 2030) / Timing Fiscal 2028 and fiscal 2030, Indicator name Niche-top revenue ratio / Target value 50% (fiscal 2028) / 50% or more (fiscal 2030) / Timing Fiscal 2028 and fiscal 2030, Indicator name Flags revenue ratio / Target value 50% (fiscal 2028) / 50% or more (fiscal 2030) / Timing Fiscal 2028 and fiscal 2030, Indicator name GHG emissions, Scope 1 / Target value 300 kton (fiscal 2028) / 330 kton or less (fiscal 2030) / Timing Fiscal 2028 and fiscal 2030, Indicator name GHG emissions, Scope 2 / Target value 100 kton (fiscal 2028) / 70 kton or less (fiscal 2030) / Timing Fiscal 2028 and fiscal 2030, Indicator name GHG emissions, Scope 3 / Target value 1,520 kton (fiscal 2028) / 1,460 kton or less (fiscal 2030) / Timing Fiscal 2028 and fiscal 2030, Indicator name Engagement score / Target value 84 (fiscal 2028) / 85 or more (fiscal 2030) / Timing Fiscal 2028 and fiscal 2030, Indicator name Challenge ratio / Target value 70% (fiscal 2028) / 85% or more (fiscal 2030) / Timing Fiscal 2028 and fiscal 2030
| Item | Details |
|---|---|
| Plan name | New Medium-Term Management Plan “Nitto RISE 2028” |
| Plan period | 3-year period covering fiscal 2026 through fiscal 2028 |
| Progress against the plan | Formulated |
| Operating profit target | Not disclosed → 2,200 (fiscal 2028) / 2,400 or more (fiscal 2030) |
| Operating profit margin target | Not disclosed → 20% (fiscal 2028) / 20% or more (fiscal 2030) |
| ROE target | Not disclosed → 14% (fiscal 2028) / 15% or more (fiscal 2030) |
| Non-financial targets | Indicator name Double Certification revenue ratio / Target value 40% (fiscal 2028) / 50% or more (fiscal 2030) / Timing Fiscal 2028 and fiscal 2030, Indicator name Niche-top revenue ratio / Target value 50% (fiscal 2028) / 50% or more (fiscal 2030) / Timing Fiscal 2028 and fiscal 2030, Indicator name Flags revenue ratio / Target value 50% (fiscal 2028) / 50% or more (fiscal 2030) / Timing Fiscal 2028 and fiscal 2030, Indicator name GHG emissions, Scope 1 / Target value 300 kton (fiscal 2028) / 330 kton or less (fiscal 2030) / Timing Fiscal 2028 and fiscal 2030, Indicator name GHG emissions, Scope 2 / Target value 100 kton (fiscal 2028) / 70 kton or less (fiscal 2030) / Timing Fiscal 2028 and fiscal 2030, Indicator name GHG emissions, Scope 3 / Target value 1,520 kton (fiscal 2028) / 1,460 kton or less (fiscal 2030) / Timing Fiscal 2028 and fiscal 2030, Indicator name Engagement score / Target value 84 (fiscal 2028) / 85 or more (fiscal 2030) / Timing Fiscal 2028 and fiscal 2030, Indicator name Challenge ratio / Target value 70% (fiscal 2028) / 85% or more (fiscal 2030) / Timing Fiscal 2028 and fiscal 2030 |
| Key initiatives | Achieving new growth through Double Certification, Human Capital Management, Digital utilization, Decarbonization Management |
| Publication date | 29 May 2026 |
Items this document does not state (16)
Sales TargetNet income targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetPlan 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.To achieve the 2030 vision of becoming an "indispensable ESG niche-top company," Nitto has made "achieving new growth through Double Certification" a key initiative, with the aim of both resolving social issues and creating economic value.
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.