#GrowthStrategy

Announced the 'Next Innovation 2030' medium-term management plan from FY2027 to FY2030. Focus strategies include strengthening profitability of the industrial gases business, expanding the electronics business, and creating new growth drivers.

Calbee Group has formulated the growth strategy "Accelerate the Future" targeting realization by 2035. The periods from 2027 to 2031 are positioned as the growth investment phase, and from 2032 to 2036 as the value creation phase, promoting acceleration of organic growth, portfolio transformation, and improvement of capital efficiency.

In 2025, the Private Equity Fund No. 5 Series will be newly established and launched with approximately 250 billion yen in assets under management. The growth strategy targets a gross MOIC of 3.1x and a gross IRR of 31.5%.

Targeting net sales of 47 billion yen and operating income of 16.1 billion yen (operating margin 34.2%) for the fiscal year ending June 2031, with a compound annual growth rate (CAGR) of 12.5% for sales and 14.6% for operating income. Maintaining ROE above 30%.

Seiko Epson has formulated the long-term vision 'ENGINEERED FUTURE 2035' and Medium-term Management Plan Phase 1 (FY2026–2028), planning approximately 280 billion yen in growth investments over three years.

JAL Group formulated a new growth strategy, "JAL Group Management Vision 2035," aiming for EBIT of over 350 billion yen by 2035, upwardly revised the EBIT forecast for the fiscal year ending March 2026 to 205 billion yen, and plans to increase dividends from 92 yen to 96 yen per share.

TOYO TANSO's 2026-2030 Mid-Term Management Plan targets net sales of 74 billion yen, operating income of 18 billion yen, an operating margin of 24%, and ROE of 10%, with plans to strengthen expansion into growth markets and applications alongside capital investments of 37.5 billion yen.

The 2026-2028 medium-term management plan targets net sales of 180 billion yen, operating income of 18 billion yen, and EPS of 130 yen/share, emphasizing proactive investments in growth areas and sustainable social contribution.

Aiming to achieve operating income of 15 billion yen and ARR of 24 billion yen by 2030, focusing on stock revenue stream expansion primarily in consulting and cloud businesses. New services planned for release within 2026.