{"id":47168,"date":"2026-05-12T14:56:43","date_gmt":"2026-05-12T05:56:43","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/9045-20260512-04_wp_business_update\/"},"modified":"2026-05-12T14:56:43","modified_gmt":"2026-05-12T05:56:43","slug":"9045-20260512-04_wp_business_update","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-9045\/ir\/9045-20260512-04_wp_business_update\/","title":{"rendered":"Keihan Group Long-Term Management Strategy Update and Formulation of the Medium-Term Management Plan &#8216;Refining True Value 2028&#8217;"},"content":{"rendered":"<p>Keihan Group has raised the quantitative targets of its long-term management strategy and formulated a new three-year medium-term management plan, &#8216;Refining True Value 2028,&#8217; aiming for an ROE of 10% and a net income attributable to owners of the parent of over 38 billion yen by FY2030, following an upward revision of targets on May 12, 2026.<\/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":"9045","jir_company_name":"Keihan Holdings Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-05-12","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/9045-20260512-04.pdf","jir_short_summary":"Keihan Group has raised the quantitative targets of its long-term management strategy and formulated a new three-year medium-term management plan, 'Refining True Value 2028,' aiming for an ROE of 10% and a net income attributable to owners of the parent of over 38 billion yen by FY2030, following an upward revision of targets on May 12, 2026.","jir_summary":"### Update of Long-Term Management Strategy and Formulation of the Medium-Term Management Plan\nKeihan Group has steadily been implementing its management vision of 'A beautiful Keihan Line, connecting with the world,' with the goal year of FY2030, by formulating the long-term management strategy and medium-term management plan 'BIOSTYLE \u2013 Deepening and Challenging' in March 2023. At the Board of Directors meeting on May 12, 2026, these quantitative targets were further revised upward, and a new three-year medium-term management plan, 'Refining True Value 2028' (FY2026\u2013FY2028), was established to rebuild the growth story toward achieving these goals.\n\n### Overview of Growth Targets and Capital Policy\nThe quantitative targets for FY2030 include raising ROE to approximately 10% (up from 8%) and achieving net income attributable to owners of the parent of over 38 billion yen (up from over 30 billion yen). The growth story centers on high value-added development through discovery and deepening of regional resources, creation of new businesses, and optimization of capital structure, aiming for operating cash flow of 3,800 billion yen, investments of 3,600 billion yen (including 2,500 billion yen for growth investments), asset sales exceeding 55 billion yen, shareholder returns over 70 billion yen, and an equity ratio of approximately 35%. While considering the challenging business environment, the Group aims to refine the 'true value' that is Keihan's unique strength, and to pursue both enhancing the value of its lines and improving capital efficiency.","jir_financial_highlights":"Net income attributable to owners of the parent: Over 38 billion yen (Previous target: Over 30 billion yen)\nROE: Approximately 10% (Previous target: Approximately 8%)\nOperating Cash Flow: 3,800 billion yen (Unknown)\nInvestments: 3,600 billion yen (Unknown)\nGrowth Investments: 2,500 billion yen (Unknown)\nAsset Sales: Over 55 billion yen (Unknown)\nShareholder Returns: Over 70 billion yen (Unknown)\nEquity Ratio: Approximately 35% (Unknown)","jir_category":"","jir_hashtags":"#KeihanHoldings, #MediumTermManagementPlan, #LongTermManagementStrategy, #JapanStocks","jir_key_figures":"ROE approximately 10% (FY2030 target)\nNet income attributable to owners of the parent 38 billion yen or more (FY2030 target)\nGrowth investments 2,500 billion yen (FY2030 target)","jir_meta_title":"\u3010Keihan Holdings\u3011 Formulation of Medium-Term Management Plan 'Refining True Value 2028'\uff5cMay 2026","jir_meta_description":"Keihan Holdings has formulated a new medium-term management plan 'Refining True Value 2028' aiming for ROE of 10% and net income attributable to owners of the parent of over 38 billion yen by FY2030. It promotes enhancing the value of regional lines and capital efficiency.","jir_og_title":"\u3010Keihan HD\u3011 Formulation of Medium-Term Management Plan 'Refining True Value 2028'\uff5cMay 2026","jir_og_description":"Keihan Group announced a new medium-term management plan targeting ROE of 10% and net income over 38 billion yen by FY2030, focusing on high value-added development of regional lines.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":8058,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-47168","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Keihan Group Long-Term Management Strategy Update and Formulation of the Medium-Term Management Plan &#039;Refining True Value 2028&#039; - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-9045\/ir\/9045-20260512-04_wp_business_update\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9045\/ir\/9045-20260512-04_wp_business_update\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-9045\/ir\/9045-20260512-04_wp_business_update\/\",\"name\":\"Keihan Group Long-Term Management Strategy Update and Formulation of the Medium-Term Management Plan 'Refining True Value 2028' - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-05-12T05:56:43+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9045\/ir\/9045-20260512-04_wp_business_update\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-9045\/ir\/9045-20260512-04_wp_business_update\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9045\/ir\/9045-20260512-04_wp_business_update\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Keihan Group Long-Term Management Strategy Update and Formulation of the Medium-Term Management Plan &#8216;Refining True Value 2028&#8217;\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/japanir.jp\/en\/#website\",\"url\":\"https:\/\/japanir.jp\/en\/\",\"name\":\"Japan IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/japanir.jp\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Keihan Group Long-Term Management Strategy Update and Formulation of the Medium-Term Management Plan 'Refining True Value 2028' - 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