While inheriting the current medium-term management plan TRANSFORM 2027, a new medium-term management plan (REBOOT) 2029 is being formulated in light of environmental changes. Three initiatives\u2014reforming existing businesses in water and energy, leveraging M&A to transform business structure, and strengthening human capital\u2014will be advanced. The mid-term performance targets for the year ending June 2029 are: sales of \u00a515,000,000,000, ROE 16%, and a dividend payout ratio of 20% or higher (progressive dividend). Sustainability efforts will continue.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6239","jir_company_name":"Nagao Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-08-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/6239-20260824-03.pdf","jir_short_summary":"While inheriting the current medium-term management plan TRANSFORM 2027, a new medium-term management plan (REBOOT) 2029 is being formulated in light of environmental changes. Three initiatives\u2014reforming existing businesses in water and energy, leveraging M&A to transform business structure, and strengthening human capital\u2014will be advanced. The mid-term performance targets for the year ending June 2029 are: sales of \u00a515,000,000,000, ROE 16%, and a dividend payout ratio of 20% or higher (progressive dividend). Sustainability efforts will continue.","jir_summary":"### Section Heading\nFormulation background and overall policy of the Medium-Term Management Plan TRANSFORM (REBOOT) 2029. In response to rapid environmental changes, the plan inherits the current framework while aiming for sustainable growth in water and energy as new growth drivers. Three pillars\u2014reforms of existing businesses, business-structure transformation via M&A, and strengthening human capital\u2014will be pursued, with M&A positioned as a core growth strategy.\n\n### Section Heading\nPart 2 presents the next medium-term management policy and mid-term performance targets. The three-year mid-term targets are sales of \u00a515,000,000,000, ROE 16%, and a dividend payout ratio of 20% or higher. Expansion of water-related and energy-related businesses, overseas expansion, and creation of new businesses will be promoted.","jir_financial_highlights":"Mid-term Sales Target: \u00a515,000,000,000 (New plan target)\nMid-term ROE Target: 16% (New plan target)\nDividend Payout Ratio: 20% or more (progressive dividend) (New plan policy)","jir_category":"","jir_hashtags":"#Nagao, #MidTermManagementPlan, #WaterRelatedBusinesses, #EnergyRelatedBusinesses, #M&A, #Sustainability","jir_key_figures":"Mid-term Sales Target: \u00a515,000,000,000\nROE Target: 16%\nDividend Payout Ratio: 20% or more (progressive dividend)","jir_meta_title":"Nagao Co., Ltd. Notice of Restarting the Medium-Term Management Plan | 2026","jir_meta_description":"Nagao Co., Ltd. announces the restart of its medium-term management plan. The new plan 'FLIGHT PLAN: TRANSFORM (REBOOT) 2029' outlines growth strategies in water and energy, use of M&A, and strengthening of human capital, with targets for 2029 June sales disclosed.","jir_og_title":"Nagao Co., Ltd. Notice of Restarting the Medium-Term Management Plan","jir_og_description":"Announcement of TRANSFORM (REBOOT) 2029 to sustain growth in water and energy. Explains the three initiatives, performance targets, and sustainability policy.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":58969,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-106612","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n