Realization of Targets for the Fiscal Year Ending March 2021 under the Third Medium-Term Management Plan

「Under the newly launched 4-year Fifth Medium-Term Management Plan, which began in April 2024, we are addressing key issues over the medium to long term as the final phase toward achieving the target.」

「To achieve the ¥50 billion initiative, we formulated the Fifth Medium-Term Management Plan and have been implementing it since April 2024.」

「Specifically, we formulated the "Matsufu Group Fourth Medium-Term Management Plan" and will work to enhance corporate value and, consequently, the common interests of shareholders through priority measures including ① developing new products suited to local demand and needs, ② relocating production bases and expanding overseas production, ③ developing and establishing sales networks, sales bases and domestic and overseas academic networks, ④ developing and securing human resources to actively promote overseas expansion, ⑤ promoting M&A, ⑥ strengthening Group governance, and ⑦ entering into business alliances with Mitsui Chemicals,Inc. and サンメディカル株式会社.」

「Specifically, we formulated the "Matsufu Group Fourth Medium-Term Management Plan" and will work to enhance corporate value and, consequently, the common interests of shareholders through priority measures including ① developing new products suited to local demand and needs, ② relocating production bases and expanding overseas production, ③ developing and establishing sales networks, sales bases and domestic and overseas academic networks, ④ developing and securing human resources to actively promote overseas expansion, ⑤ promoting M&A, ⑥ strengthening Group governance, and ⑦ entering into business alliances with Mitsui Chemicals,Inc. and サンメディカル株式会社.」

「Specifically, we formulated the "Matsufu Group Fourth Medium-Term Management Plan" and will work to enhance corporate value and, consequently, the common interests of shareholders through priority measures including ① developing new products suited to local demand and needs, ② relocating production bases and expanding overseas production, ③ developing and establishing sales networks, sales bases and domestic and overseas academic networks, ④ developing and securing human resources to actively promote overseas expansion, ⑤ promoting M&A, ⑥ strengthening Group governance, and ⑦ entering into business alliances with Mitsui Chemicals,Inc. and サンメディカル株式会社.」

「In fiscal 2023, the final year of the Fourth Medium-Term Management Plan, we will steadily implement the measures with a sense of urgency to achieve further growth for the Group.」

「Specifically, we formulated the "Matsufu Group Fourth Medium-Term Management Plan" and will work to enhance corporate value and, consequently, the common interests of shareholders through priority measures including ① developing new products suited to local demand and needs, ② relocating production bases and expanding overseas production, ③ developing and establishing sales networks, sales bases and domestic and overseas academic networks, ④ developing and securing human resources to actively promote overseas expansion, ⑤ promoting M&A, ⑥ strengthening Group governance, and ⑦ entering into business alliances with Mitsui Chemicals,Inc. and サンメディカル株式会社.」

「Specifically, we formulated the "Matsufu Group Fourth Medium-Term Management Plan" and will work to enhance corporate value and, consequently, the common interests of shareholders through priority measures including ① developing new products suited to local demand and needs, ② relocating production bases and expanding overseas production, ③ developing and establishing sales networks, sales bases and domestic and overseas academic networks, ④ developing and securing human resources to actively promote overseas expansion, ⑤ promoting M&A, ⑥ strengthening Group governance, and ⑦ entering into business alliances with Mitsui Chemicals,Inc. and サンメディカル株式会社.」

「Specifically, we formulated the "Matsufu Group Fourth Medium-Term Management Plan" and will work to enhance corporate value and, consequently, the common interests of shareholders through priority measures including ① developing new products suited to local demand and needs, ② relocating production bases and expanding overseas production, ③ developing and establishing sales networks, sales bases and domestic and overseas academic networks, ④ developing and securing human resources to actively promote overseas expansion, ⑤ promoting M&A, ⑥ strengthening Group governance, and ⑦ entering into business alliances with Mitsui Chemicals,Inc. and サンメディカル株式会社.」

「In addition, to achieve consolidated net sales of ¥50 billion and consolidated operating income of ¥7.5 billion, the Group will shift management resources overseas and focus on expanding its overseas business in order to capture demand in developed markets, mainly in Europe and the United States, and in emerging markets where living standards are expected to improve alongside economic growth. Its specific initiatives include formulating a medium-term management plan and pursuing priority measures such as ① developing new products tailored to regional demand and needs, ② relocating production bases and expanding overseas production, ③ establishing sales networks and sales bases and building domestic and international academic networks, and ④ developing and securing human resources to actively advance overseas expansion, thereby working to enhance corporate value and, in turn, the common interests of shareholders.」

「In addition, to achieve consolidated net sales of ¥50 billion and consolidated operating income of ¥7.5 billion, the Group will shift management resources overseas and focus on expanding its overseas business in order to capture demand in developed markets, mainly in Europe and the United States, and in emerging markets where living standards are expected to improve alongside economic growth. Its specific initiatives include formulating a medium-term management plan and pursuing priority measures such as ① developing new products tailored to regional demand and needs, ② relocating production bases and expanding overseas production, ③ establishing sales networks and sales bases and building domestic and international academic networks, and ④ developing and securing human resources to actively advance overseas expansion, thereby working to enhance corporate value and, in turn, the common interests of shareholders.」

「As specific initiatives, the company formulated a medium-term management plan and will work to enhance corporate value and, consequently, the common interests of shareholders through key measures including (1) developing new products suited to regional demand and needs, (2) relocating production sites and expanding overseas production, (3) developing and establishing sales networks and sales locations and building domestic and overseas academic networks, and (4) developing and securing human resources to actively promote overseas expansion.」

「Since then, 9 years have passed as we have formulated the First through Third Medium-Term Management Plans in 3-year cycles, with the aim of achieving the long-term vision, the ¥50 billion initiative. We have addressed many issues during this period, and from April 2021 we will continue working on the Fourth Medium-Term Management Plan toward achieving the vision.」

「As specific initiatives, the company formulated a medium-term management plan and will work to enhance corporate value and, consequently, the common interests of shareholders through key measures including (1) developing new products suited to regional demand and needs, (2) relocating production sites and expanding overseas production, (3) developing and establishing sales networks and sales locations and building domestic and overseas academic networks, and (4) developing and securing human resources to actively promote overseas expansion.」

「As specific initiatives, the company formulated a medium-term management plan and will work to enhance corporate value and, consequently, the common interests of shareholders through key measures including (1) developing new products suited to regional demand and needs, (2) relocating production sites and expanding overseas production, (3) developing and establishing sales networks and sales locations and building domestic and overseas academic networks, and (4) developing and securing human resources to actively promote overseas expansion.」

「In addition, to achieve consolidated net sales of ¥50 billion and consolidated operating income of ¥7.5 billion, the Group will shift management resources overseas and focus on expanding its overseas business in order to capture demand in developed markets, mainly in Europe and the United States, and in emerging markets where living standards are expected to improve alongside economic growth. Its specific initiatives include formulating a medium-term management plan and pursuing priority measures such as ① developing new products tailored to regional demand and needs, ② relocating production bases and expanding overseas production, ③ establishing sales networks and sales bases and building domestic and international academic networks, and ④ developing and securing human resources to actively advance overseas expansion, thereby working to enhance corporate value and, in turn, the common interests of shareholders.」

「In fiscal 2019, the second year of the Third Medium-Term Management Plan, we will steadily implement the various measures with a sense of urgency to secure the growth of the Group.」

「With a view to the ideal state for 2022, the 100th anniversary of our founding, we will shift management resources overseas and focus on expanding our overseas business in order to capture demand in developed-country markets, particularly in Europe and the United States, and in emerging markets where living standards are expected to improve with economic growth. Specifically, we formulated a Medium-Term Management Plan and will work to enhance corporate value and, consequently, the common interests of shareholders through measures including ① developing new products suited to local demand and needs, ② relocating production bases and expanding overseas production, ③ developing and establishing sales networks and sales bases, and ④ developing and securing human resources to actively promote overseas expansion.」

「As a first step, we formulated the Third Medium-Term Management Plan through the fiscal year ending March 2021. Under this plan, while continuing our previous policy of increasing our presence in the domestic market, significantly shifting the allocation of management resources overseas and promoting the expansion of our overseas business, we will address the following priority issues.」