Formulated the Medium-Term Management Plan 2030 covering fiscal 2026 to 2030. Targets for fiscal 2030 include net sales of 120 billion yen, operating income of 11 billion yen, and ROE of 10.0%. Plans include 20 billion yen for human capital investment, 15 billion yen for business investment, and 20 billion yen for shareholder returns.<\/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":"1939","jir_company_name":"Shikoku Electric Works Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/1939-20260130-03.pdf","jir_short_summary":"Formulated the Medium-Term Management Plan 2030 covering fiscal 2026 to 2030. Targets for fiscal 2030 include net sales of 120 billion yen, operating income of 11 billion yen, and ROE of 10.0%. Plans include 20 billion yen for human capital investment, 15 billion yen for business investment, and 20 billion yen for shareholder returns.","jir_summary":"### Overview of the Medium-Term Management Plan 2030\nShikoku Electric Works Co., Ltd. has formulated the \"Medium-Term Management Plan 2030\" targeting the five-year period from fiscal 2026 to fiscal 2030. The previous Medium-Term Management Plan 2025 set targets of net sales of 100 billion yen, operating income of 6 billion yen, and ROE of 8%. In fiscal 2024 (fiscal year ending March 2025), the company achieved net sales of 105.8 billion yen, operating income of 8 billion yen, and ROE of 8.2%, achieving the targets one year ahead of schedule. The new plan sets targets for fiscal 2030 of net sales of 120 billion yen, operating income of 11 billion yen, and ROE of 10.0%, with plans to invest 20 billion yen in human capital, 15 billion yen in business investments, and 20 billion yen in shareholder returns.\n\n### Key Themes and Capital Policy\nThe key themes include securing medium- to long-term construction capabilities for sustained growth, expanding construction capabilities in major metropolitan areas, strengthening transmission and distribution facilities in response to increased electricity demand, mitigating risks from rising costs of materials and outsourcing, contributing to the realization of a decarbonized society, creating added value and improving productivity through the use of DX and AI, and practicing ESG management. The shareholder return policy raises the consolidated dividend payout ratio from over 40% to approximately 60%, with a DOE target of around 5.0%. Share Buybacks are being considered going forward from the perspective of improving liquidity.","jir_financial_highlights":"Net Sales: 120 billion yen (Fiscal 2030 target (up 20 billion yen from fiscal 2025))\nOperating Income: 11 billion yen (Fiscal 2030 target (up 3 billion yen from fiscal 2025))\nROE: 10.0% (Fiscal 2030 target (up from 8.9% in fiscal 2025))\nHuman Capital Investment: 20 billion yen (Unknown)\nBusiness Investment, etc.: 15 billion yen (Unknown)\nShareholder Returns: 20 billion yen (Unknown)\nConsolidated Dividend Payout Ratio: Approximately 60% (Raised from over 40% in fiscal 2025)\nDOE: Approximately 5.0% (Newly established)","jir_category":"","jir_hashtags":"#ShikokuElectricWorksCoLtd, #MediumTermManagementPlan2030, #BusinessStrategy, #JapaneseStocks","jir_key_figures":"Fiscal 2030 Net Sales Target: 120 billion yen\nFiscal 2030 Operating Income Target: 11 billion yen\nFiscal 2030 ROE Target: 10.0%","jir_meta_title":"Shikoku Electric Works Co., Ltd. Formulates Medium-Term Management Plan 2030 Targets Net Sales 120 Billion Yen, Operating Income 11 Billion Yen, ROE 10.0%","jir_meta_description":"Shikoku Electric Works has formulated the Medium-Term Management Plan 2030 covering fiscal 2026 to 2030. Targets for fiscal 2030 include net sales of 120 billion yen, operating income of 11 billion yen, and ROE of 10.0%, with plans for 20 billion yen human capital investment, 15 billion yen business investments, and 20 billion yen shareholder returns.","jir_og_title":"Shikoku Electric Works Announces Medium-Term Management Plan 2030 Targets Net Sales 120 Billion Yen","jir_og_description":"Shikoku Electric Works has formulated the Medium-Term Management Plan 2030 aiming for net sales of 120 billion yen, operating income of 11 billion yen, and ROE of 10.0% by fiscal 2030.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":16912,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-22587","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n