Items stated in the management plan
FormulatedEach 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.
To respond to changes in the operating environment, including the revitalisation of Japan’s shipbuilding industry, expanded shipbuilding capacity and growing demand related to AI and semiconductors, the company will build on and develop the foundation established under the previous medium-term management plan, “Shin Nichitsu 2025,” with the aim of sustainably increasing corporate value
| Item | Details |
|---|---|
| Plan name | Nichitsu 2.0 |
| Plan period | The 4-year period from fiscal 2026 through fiscal 2029 |
| Progress against the plan | Formulated |
| Sales Target | ¥93.8 100 million → ¥100 100 million（Up 7%） |
| Operating profit target | ¥2.2 100 million → ¥6 100 million（2.7x） |
| Operating profit margin target | 2.4 % → 6 % |
| ROE target | Not disclosed → 8 % |
| ROIC target | Not disclosed → 8 % |
| Payout ratio / DOE policy | A total payout ratio of approximately 40%, determined based on medium-term free cash flow |
| Investment amount by sector | Field Expansion of the marine equipment business / Amount ¥50 100 million, Field Investment in equipment renewal and safety / Amount ¥25 100 million |
| Plan assumptions | Japan’s annual shipbuilding output: 9 million gross tons in 2024 to 18 million gross tons by 2035, a 2x increase, Public- and private-sector investment in shipbuilding: more than ¥1 trillion, Some government subsidies are expected, Cash on hand: ¥3.9 billion as of the end of September 2026 |
| Key initiatives | Expansion of the marine equipment business, Improving productivity and profitability, Business sustainability and safety, Expansion of business areas |
| Results under the previous plan | Sales of ¥9.7 billion, operating profit of ¥500 million → Sales of ¥9.381 billion, operating profit of ¥220 million, EBITDA of ¥886 million |
| Reason for revision or withdrawal | To respond to changes in the operating environment, including the revitalisation of Japan’s shipbuilding industry, expanded shipbuilding capacity and growing demand related to AI and semiconductors, the company will build on and develop the foundation established under the previous medium-term management plan, “Shin Nichitsu 2025,” with the aim of sustainably increasing corporate value |
| Size of the Target Market | Annual shipbuilding output: 9 million gross tons in 2024 to 18 million gross tons by 2035, a 2x increase. Public- and private-sector investment exceeds ¥1 trillion. No source was provided. |
| Risks identified | Actual results may differ materially from forecasts, The information provided may be changed without prior notice |
| Date of board resolution | 13 November 2026 |
| Publication date | 13 November 2026 |
Items this document does not state (7)
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 respond to changes in the operating environment, including the revitalisation of Japan’s shipbuilding industry, expanded shipbuilding capacity and growing demand related to AI and semiconductors, the company will build on and develop the foundation established under the previous medium-term management plan, “Shin Nichitsu 2025,” with the aim of sustainably increasing corporate value.