Kawada Technologies has formulated the Fourth Medium-Term Management Plan starting from FY2026. The targets include over 383 billion yen in sales and over 23.5 billion yen in operating profit, with plans to strengthen 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":"3443","jir_company_name":"Kawada Technologies, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-05-12","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/3443-20260512-04.pdf","jir_short_summary":"Kawada Technologies has formulated the Fourth Medium-Term Management Plan starting from FY2026. The targets include over 383 billion yen in sales and over 23.5 billion yen in operating profit, with plans to strengthen shareholder returns.","jir_summary":"### Overview of the Fourth Medium-Term Management Plan\nKawada Technologies has formulated the Fourth Medium-Term Management Plan covering the three-year period from FY2026 to FY2028. The basic policies include establishing a profit base balancing core and growth businesses, accelerating technological development, evolving sustainability management, and enhancing capital efficiency and shareholder returns. The targets are over 383 billion yen in sales, over 23.5 billion yen in operating profit, over 23.2 billion yen in net income, and an ROE of 8.0% or higher.\n\n### Review and Challenges of the Third Medium-Term Management Plan\nAlthough the sales target for the 2023\u20132025 period was not achieved, the company significantly overshot its profit targets and exceeded the ROE goal. Challenges included delays in steel bridge project construction, subdued orders for large-scale projects, plan revisions due to rising costs in the construction business, and steady progress in the software-related business. Based on these, the Fourth Medium-Term Management Plan aims to improve profitability and strengthen shareholder returns.","jir_financial_highlights":"Sales: Over 383 billion yen (Increase of 6 billion yen compared to the Third Medium-Term Management Plan)\nOperating Income: Over 23.5 billion yen (Decrease of 3.5 billion yen compared to the Third Medium-Term Management Plan)\nNet Income Attributable to Owners of Parent: Over 23.2 billion yen (Decrease of 4.2 billion yen compared to the Third Medium-Term Management Plan)\nROE (Final Year): 8.0% or higher (Decrease of 1.2% compared to the Third Medium-Term Management Plan)\nPayout Ratio: 30.0% (Increase of 2.4% compared to the Third Medium-Term Management Plan)\nTotal Shareholder Return Ratio: 50.0% (Increase of 18.0% compared to the Third Medium-Term Management Plan)","jir_category":"","jir_hashtags":"#KawadaTechnologies, #MediumTermManagementPlan, #BusinessStrategy","jir_key_figures":"Sales: Over 383 billion yen (increase of 6 billion yen compared to the Third Medium-Term Management Plan)\nOperating Income: Over 23.5 billion yen (decrease of 3.5 billion yen compared to the Third Medium-Term Management Plan)\nPayout Ratio: 30.0% (increase of 2.4% compared to the Third Medium-Term Management Plan)","jir_meta_title":"[Kawada Technologies] Formulation of the Fourth Medium-Term Management Plan | May 2026","jir_meta_description":"Kawada Technologies has formulated the Fourth Medium-Term Management Plan starting from FY2026. The plan targets over 383 billion yen in sales and over 23.5 billion yen in operating profit, with enhanced shareholder returns.","jir_og_title":"[Kawada Technologies] Formulation of the Fourth Medium-Term Management Plan | May 2026","jir_og_description":"Kawada Technologies announces its Fourth Medium-Term Management Plan from FY2026. The company aims for over 383 billion yen in sales and over 23.5 billion yen in operating profit.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":16836,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-48028","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n