Taiheiyo Cement reviews the progress of the 26 Mid-Term Management Plan and outlines initiatives to achieve ROE of 10%, growth investments in US and Philippines businesses, and plans over 700 billion yen in capital expenditures for sustainable 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Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/5233-20260330-01.pdf","jir_short_summary":"Taiheiyo Cement reviews the progress of the 26 Mid-Term Management Plan and outlines initiatives to achieve ROE of 10%, growth investments in US and Philippines businesses, and plans over 700 billion yen in capital expenditures for sustainable growth.","jir_summary":"### Progress of the 26 Mid-Term Management Plan\nTaiheiyo Cement focuses on revitalizing domestic operations, advancing global strategies, and contributing to sustainability management and carbon neutrality under the 26 Mid-Term Management Plan. Fiscal 2024 net sales amounted to 896.3 billion yen, operating income was 77.7 billion yen, and ROE was 9.5%. Fiscal 2025 forecasts project net sales of 906.0 billion yen, operating income of 70.0 billion yen, and ROE of 2.6%. Domestic cement demand is expected to fall significantly below the initial plan of 35 million tons, reflecting a continued structural decline in demand.\n\n### Future Policies and Initiatives\nTo achieve an ROE of over 10% at an early stage, efforts aim at expanding earnings, improving capital efficiency, and fostering market expectations. In the US business, a vertical integration strategy is being promoted. Despite impairment losses in the Philippines business, earnings improvement is pursued through cost-cutting and sales volume expansion. Capital expenditures and investments are planned to exceed 700 billion yen over three years, with a share buyback of 15 billion yen and an annual dividend hike to 100 yen\/share from Fiscal 2025 onwards. The company is also addressing challenges related to carbon neutrality strategies, including CCUS implementation.","jir_financial_highlights":"Net Sales: 896.3 billion yen (Fiscal 2024 actual) (Unknown)\nNet Sales: 906.0 billion yen (Fiscal 2025 forecast) (Unknown)\nOperating Income: 77.7 billion yen (Fiscal 2024 actual) (Unknown)\nOperating Income: 70.0 billion yen (Fiscal 2025 forecast) (Unknown)\nROE: 9.5% (Fiscal 2024 actual) (Unknown)\nROE: 2.6% (Fiscal 2025 forecast) (Unknown)\nCapital Expenditures and Investments: Over 700 billion yen (3-year cumulative) (Unknown)\nShare Buyback: 15 billion yen (Fiscal 2024) (Unknown)\nAnnual Dividend: 80 yen\/share or more (current) \u2192 planned increase to 100 yen\/share (from Fiscal 2025) (Unknown)","jir_category":"","jir_hashtags":"#TaiheiyoCement, #MidTermManagementPlan, #BusinessStrategy, #JapaneseStocks","jir_key_figures":"Fiscal 2024 Net Sales: 896.3 billion yen\nFiscal 2024 Operating Income: 77.7 billion yen\n3-Year Cumulative Capital Expenditures and Investments: Over 700 billion yen","jir_meta_title":"Taiheiyo Cement Announces Review of 26 Mid-Term Management Plan and Measures Toward Early Achievement of ROE Over 10%","jir_meta_description":"Taiheiyo Cement reports progress on the 26 Mid-Term Management Plan with Fiscal 2024 net sales of 896.3 billion yen and operating income of 77.7 billion yen. Plans to invest over 700 billion yen in capital expenditures, increase dividends, and execute share buybacks to drive earnings growth and improve capital efficiency.","jir_og_title":"Taiheiyo Cement Announces Review of 26 Mid-Term Management Plan and Future Policies","jir_og_description":"Plans include initiatives to realize ROE over 10% early, growth investments in US and Philippines businesses, and capital expenditures exceeding 700 billion yen. Dividend increases are also planned.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":7926,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-37630","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n