Established a medium-term management plan targeting net sales of 500 billion yen, operating income of 30 billion yen, and a consolidated workforce of 2,800 employees by fiscal year 2035. Investment plan is on a 50 billion yen scale, aiming for a dividend payout ratio over 40%.<\/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":"1885","jir_company_name":"TOA Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-16","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/1885-20260316-01.pdf","jir_short_summary":"Established a medium-term management plan targeting net sales of 500 billion yen, operating income of 30 billion yen, and a consolidated workforce of 2,800 employees by fiscal year 2035. Investment plan is on a 50 billion yen scale, aiming for a dividend payout ratio over 40%.","jir_summary":"### Overview of the Medium-Term Management Plan\nTOA Corporation has formulated the Medium-Term Management Plan 2026-2028 titled 'Growth of Talent and Business Meeting Social Demands,' starting from fiscal year 2026 (ending March 2027). Aiming to realize the long-term vision TOA2035 by fiscal year 2035, the targets include net sales of 500 billion yen, operating income of 30 billion yen, and sustaining ROE above 10%. The consolidated workforce target is 2,800 employees, focusing on talent strategy and digital transformation (DX) strategy. Business strategy aims for expansion in domestic civil engineering, domestic construction, and overseas businesses, including challenges in new fields.\n\n### Financial Strategy and Shareholder Returns\nThe financial strategy emphasizes improving capital efficiency, maintaining financial soundness, and appropriate cash flow allocation, balancing growth investments with shareholder returns. An investment plan of approximately 50 billion yen is scheduled during the medium-term period, allocated to technology development, business area expansion, talent development, and capital expenditures. Shareholder return targets a dividend payout ratio of 40% or higher, with flexible implementation of share buybacks based on business environment and financial conditions.","jir_financial_highlights":"Net Sales: 380 billion yen (Fiscal Year 2028 Target) (Unknown)\nOperating Income: 21.5 billion yen (Fiscal Year 2028 Target) (Unknown)\nNet Sales: 500 billion yen (Fiscal Year 2035 Target) (Unknown)\nOperating Income: 30 billion yen (Fiscal Year 2035 Target) (Unknown)\nConsolidated Employees: 2,800 (Fiscal Year 2035 Target) (Approximate 30% increase compared to Fiscal Year 2025)\nDividend Payout Ratio: 40% or higher (Consolidated) (Unknown)\nInvestment Plan: 50 billion yen (During Medium-Term Management Plan Period) (Unknown)","jir_category":"","jir_hashtags":"#TOACorporation, #MediumTermManagementPlan, #BusinessStrategy, #JapaneseStocks","jir_key_figures":"Fiscal Year 2035 Net Sales Target: 500 billion yen\nFiscal Year 2035 Operating Income Target: 30 billion yen\nInvestment Plan Amount During Medium-Term Management Plan: 50 billion yen","jir_meta_title":"TOA Corporation Medium-Term Management Plan 2026-2028: Targets Net Sales 500 Billion Yen and Operating Income 30 Billion Yen","jir_meta_description":"TOA Corporation announces its medium-term management plan targeting net sales of 500 billion yen and operating income of 30 billion yen by fiscal year 2035. The investment plan amounts to approximately 50 billion yen focusing on talent development and digital transformation strategy, aiming for dividend payout ratio above 40%.","jir_og_title":"TOA Corporation Announces Medium-Term Management Plan 2026-2028","jir_og_description":"TOA Corporation\u2019s medium-term management plan aiming for net sales of 500 billion yen and operating income of 30 billion yen. Announces a 50 billion yen investment plan and dividend payout ratio target of over 40%, outlining growth strategy.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":8848,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-34923","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n