Announcement of Formulation of Long-Term Vision ‘YUASA vision 370’ and Medium-Term Management Plan ‘Reborn 2031’

Overview of Long-Term Vision 'YUASA vision 370'

In anticipation of the 370th anniversary in 2036, the long-term vision 'YUASA vision 370' has been formulated to support societal infrastructure and create a resilient future. It aims to nurture employees' creativity and experience, solve social issues through people and solutions, promote sustainability management, and enhance corporate value.

Overview and Targets of Medium-Term Management Plan 'Reborn 2031'

The five-year medium-term management plan 'Reborn 2031', covering April 2026 to March 2031, aims to strengthen the foundation for sustainable growth through systematization of experience and know-how along with human resource and function enhancement. The goals include ordinary income exceeding 30 billion yen, ROIC over 10%, and overseas sales surpassing 100 billion yen by the fiscal year ending March 2036, and ordinary income over 20 billion yen, ROIC above 8%, and overseas sales exceeding 40 billion yen by March 2031.

Investment and Capital Policy

During the Reborn 2031 period, cumulative investments of approximately 40 billion yen are planned based on operating cash flow. This includes about 20 billion yen for strengthening business foundations, roughly 17 billion yen for enhancing management infrastructure, and approximately 3 billion yen for strengthening the human resource base. Strategic additional investments will also be considered with external funding options actively pursued. Shareholder returns target a consolidated payout ratio of over 35%, adopting a progressive dividend policy in principle, with a minimum DOE set at 3.5%.