Nippon Ceramic Co., Ltd.
Notice Regarding the Formulation of the Medium-Term Management Plan
Formulated a medium-term management plan for the fiscal years ending December 2026 to December 2028. Targets for fiscal 2028 include net sales of 300 billion yen, operating income of 7.15 billion yen, operating margin of 23.8%, and ROE of at least 12%.
Key Figures
- Fiscal 2028 Net Sales Target: 30,000 million yen
- Fiscal 2028 Operating Income Target: 7,150 million yen
- Fiscal 2028 ROE Target: 12% or higher
AI要約
Overview of the Medium-Term Management Plan
Nippon Ceramic Co., Ltd. has formulated a medium-term management plan covering the fiscal years ending December 2026 through December 2028. The plan is positioned around sustainable ROE growth, expansion and profitability improvement of existing businesses, and strengthening development with a future outlook. The targets for fiscal 2028 are set at net sales of 300 billion yen, operating income of 7.15 billion yen, operating margin of 23.8%, and ROE of 12% or more.
Business Strategy and Key Initiatives
On the business side, efforts will focus on expanding demand for safety sensors for ADAS, market recovery and growth of sensors for environmentally friendly vehicles, improving profitability through automation and labor-saving in production, and enhancing product functionality and added value. In the security field, the company aims to increase orders for camera and doorbell products and explore new applications. Additionally, improvements in capital efficiency will be pursued through inventory reduction, cash flow improvement, and investments in a new plant in the Philippines. The shareholder return policy includes maintaining a dividend payout ratio of over 50% and considering flexible share buybacks.
