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.
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan |
| Plan period | April 2026 to March 2029 |
| Progress against the plan | Formulated |
| Sales Target | 1,805,033 (actual for the fiscal year ended March 2026), 1,925,000 (forecast for the fiscal year ending March 2027) → 1,930,000 (plan for the fiscal year ending March 2029) |
| Operating profit target | 67,108 (actual for the fiscal year ended March 2026), 80,000 (forecast for the fiscal year ending March 2027) → 130,000 (GAAP plan for the fiscal year ending March 2029). Non-GAAP: 145,000 |
| ROE target | 4.9% (actual for the fiscal year ended March 2026), 4.2% (forecast for the fiscal year ending March 2027) → 8.0% (GAAP plan for the fiscal year ending March 2029). Non-GAAP: 9.0% |
| Payout ratio / DOE policy | The company will return profits to shareholders at a level with a total payout ratio of at least 100%. The applicable period is the medium-term management plan period. |
| Key initiatives | Enhance the profitability of each segment through “business portfolio transformation”, Control the company-wide SG&A expense ratio through “corporate transformation”, Improve asset efficiency through “balance sheet transformation” |
| Publication date | 14 May 2026 |
Items this document does not state (16)
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 establish “True Value Transformation” as the vision for the next 6 years, resolve customer and social issues, and practice sustainability management that enhances both social and economic value. The company will also implement priority initiatives and strengthen its management foundation to achieve its management targets.