Denka Company Limited
February 27, 2026 Management Briefing Material Management Plan ‘Mission 2030’ Phase 2 (Fiscal Years 2026–2028)
Denka announced its Phase 2 management plan for fiscal years 2026 to 2028 targeting operating income of 45 billion yen and ROE of 8.0%, promoting strategic investments and strengthening profitability.
Key Figures
- Operating Income 45 billion yen (Fiscal Year 2028 Plan)
- ROE 8.0% (Fiscal Year 2028 Target)
- Net Income Attributable to Owners of Parent 26 billion yen (Fiscal Year 2028 Plan)
AI要約
Overview of Management Plan Phase 2
Denka has formulated Phase 2 of its management plan 'Mission 2030' targeting fiscal years 2026–2028, aiming to achieve operating income of 45 billion yen and an ROE above 8.0%. Key initiatives include strengthening growth businesses in ICT & Energy and Healthcare domains, monetizing cash flows in the Sustainable Living domain, early resolution of DPE issues, and creating new businesses. While anticipating recording special losses, these will be offset by special gains to rebuild financial strength.
Financial Strategy and Shareholder Return Policy
By leveraging proceeds from asset sales and disposal of policy holdings, Denka plans to expand operating cash flows and pursue selective investments. It aims to reduce the Debt-to-Equity (D/E) ratio below 0.7 and maintain a shareholder return policy targeting a total return ratio of 50%, with a commitment to maintenance or increase of dividend per share. Capital expenditures are expected to peak in fiscal year 2025, with selective investment focused on strategic growth areas during Phase 2. Emphasis will also be placed on strengthening governance and improving execution certainty.
