Toho Holdings has formulated the Medium-Term Management Plan 2026-2028 ‘Soaring into the Next Era’ for the three fiscal years from March 2027 to March 2029. The plan targets an operating income of over 30 billion yen, growth investments exceeding 50 billion yen, and shareholder returns exceeding 50 billion yen.<\/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":"8129","jir_company_name":"Toho Holdings Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/8129-20260428-03.pdf","jir_short_summary":"Toho Holdings has formulated the Medium-Term Management Plan 2026-2028 'Soaring into the Next Era' for the three fiscal years from March 2027 to March 2029. The plan targets an operating income of over 30 billion yen, growth investments exceeding 50 billion yen, and shareholder returns exceeding 50 billion yen.","jir_summary":"### Overview of Medium-Term Management Plan 2026-2028\nToho Holdings has formulated the Medium-Term Management Plan 'Soaring into the Next Era' covering the three fiscal years from March 2027 to March 2029. Building on the foundation of the previous Medium-Term Management Plan 2023-2025 'Creating the Next Era', the plan focuses on achieving a significant leap in operating income as it enters a monetization phase. The company aims to strengthen the profitability of its pharmaceutical wholesale business, rapidly expand new businesses, and transform into a healthcare total solution provider.\n\n### Key Initiatives and Capital Policy\nAs part of the growth strategy, the company will enhance the pharmaceutical wholesale business, create new businesses, and expand its CDMO business. Efficiency strategies include cost structure reforms and promotion of digital transformation (DX). The capital policy aims for a total payout ratio of over 100% and DOE over 4%, planning stable dividend increases and flexible share buybacks. Investment plans include 10 billion yen for talent development, 25 billion yen for strengthening logistics functions, 8 billion yen for core system upgrades, with total growth investments exceeding 50 billion yen and shareholder returns surpassing 50 billion yen.","jir_financial_highlights":"Operating Income: Over 30 billion yen (Target (Fiscal year ending March 2029))\nGrowth Investment: Over 50 billion yen (Target)\nShareholder Returns: Over 50 billion yen (Target)\nROE: Over 8% (Target (Fiscal year ending March 2029))\nOperating Income Margin: Over 1.5% (Target (Fiscal year ending March 2029))\nDOE: Over 4% (Target (During medium-term plan period))\nTotal Payout Ratio: Over 100% (Target (During medium-term plan period))\nStrategic Shareholdings: Less than 10% of net assets (Target (Fiscal year ending March 2029))\nShare Buyback: 37 billion yen (Target: 30 billion yen) (Planned during medium-term plan period)","jir_category":"","jir_hashtags":"#TohoHoldings, #MediumTermManagementPlan, #Healthcare","jir_key_figures":"Operating Income Target: Over 30 billion yen (Fiscal year ending March 2029)\nGrowth Investment: Over 50 billion yen (Fiscal year ending March 2029)\nShareholder Returns: Over 50 billion yen (During medium-term plan period)","jir_meta_title":"\u3010Toho Holdings\u3011Medium-Term Management Plan 2026-2028\uff5cOperating Income Target of 30 Billion Yen","jir_meta_description":"Toho Holdings has formulated its Medium-Term Management Plan for 2026-2028, targeting over 30 billion yen in operating income, more than 50 billion yen in growth investments, and shareholder returns exceeding 50 billion yen, while promoting the strengthening of its pharmaceutical wholesale business and expansion of new businesses.","jir_og_title":"\u3010Toho Holdings\u3011Medium-Term Management Plan 2026-2028\uff5cOperating Income Target of 30 Billion Yen","jir_og_description":"Toho Holdings announces its Medium-Term Management Plan for 2026-2028, aiming for sustainable growth by enhancing profitability and expanding new businesses.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":8078,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-43733","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n