Formulated a new mid-term management plan, “Nitchitsu 2.0.” The plan covers fiscal years 2026\u20132029 and sets core strategies of strengthening the marine business, improving productivity, enhancing sustainability, and expanding business domains, targeting consolidated net sales of 10 billion yen, operating income of 600 million yen, and EBITDA of 1.2 billion yen for FY2029. The financial strategy emphasizes balancing cash generation and shareholder 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/7021-20261113-05.pdf","jir_short_summary":"Formulated a new mid-term management plan, \"Nitchitsu 2.0.\" The plan covers fiscal years 2026\u20132029 and sets core strategies of strengthening the marine business, improving productivity, enhancing sustainability, and expanding business domains, targeting consolidated net sales of 10 billion yen, operating income of 600 million yen, and EBITDA of 1.2 billion yen for FY2029. The financial strategy emphasizes balancing cash generation and shareholder returns.","jir_summary":"### Basic Policy and Strategies of the Mid-Term Plan\nThe new mid-term management plan, \"Nitchitsu 2.0,\" is based on continuity from the previous mid-term plan \"Shin Nitchitsu 2025\" and covers the four-year period from fiscal 2026 through fiscal 2029. The basic policy is to strengthen the business foundation and enhance corporate value to achieve sustainable growth. The core strategies are fourfold: strengthening the marine business, improving productivity and profitability, ensuring business sustainability and safety, and expanding business domains.\n\n### Financial Targets and Financial Strategy\nManagement targets include consolidated net sales of 10 billion yen, operating income of 600 million yen, and EBITDA of 1.2 billion yen for FY2029. The financial strategy seeks to balance cash flow planning and shareholder returns, using medium-term FCF as an indicator and targeting a total shareholder return ratio of around 40%. The plan includes utilizing on-hand cash and government subsidies where appropriate and aims to monetize the revenue effects of strengthening the marine business and capital investments.","jir_financial_highlights":"Net Sales: Unknown (Unknown)\nOperating Income: Unknown (Unknown)\nEBITDA: Unknown (Unknown)","jir_category":"","jir_hashtags":"#ShareBuyback, #ExecutivePersonnel, #MidTermManagementPlan, #Nitchitsu2_0","jir_key_figures":"Net Sales: Unknown\nOperating Income: Unknown\nEBITDA: Unknown","jir_meta_title":"Nitchitsu Co., Ltd. Announces New Mid-Term Management Plan \"Nitchitsu 2.0\" | FY2026\u20132029","jir_meta_description":"Nitchitsu Co., Ltd. announced its mid-term management plan \"Nitchitsu 2.0\" covering FY2026\u20132029. Core strategies include expanding the marine business, improving productivity, enhancing sustainability, and expanding new business domains, while balancing cash generation and shareholder returns in its financial strategy.","jir_og_title":"Nitchitsu Co., Ltd. Announces New Mid-Term Management Plan \"Nitchitsu 2.0\"","jir_og_description":"Announced the new mid-term management plan \"Nitchitsu 2.0\". Over the four years from 2026 to 2029, the company will promote expansion of the marine business, productivity improvements, and enhancements in sustainability.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":59957,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-152995","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n