ITOCHU Techno-Solutions Corporation
ITOCHU Techno-Solutions Corporation (CTC, headquartered in Chiyoda-ku, Tokyo; Satoshi Kikuchi, President & CEO) announces that it has formulated its Medium-Term Management Plan for fiscal 2015 to fiscal 2017.
In this environment, CTC formulated a three-year management plan to take responsibility for the evolution of the IT industry as the industry's leading company, in line with its corporate philosophy of "harnessing IT's potential to change the future and helping to create an aspirational, affluent society".
CTC defines further improvements it will make in addition to continued growth through its existing businesses as "shifts," and aims to achieve rapid growth over the period fiscal 2015 to fiscal 2017 across the entire CTC Group through the "Three Shifts" with respect to "services," "comprehensive capabilities" and "investments."
Growth | Sales | ¥500 billion |
Profitability | Operating income |
¥40 billion (Operating margin 8%) |
Capital Efficiency | ROE | Exceeding 10% |
Corporate Value | Market cap |
Exceeding ¥500 billion (achieve as soon as possible) |
Three shifts and strengthening of the management base to support them 1. Shift to "a service-type business."
- CTC Cloud 2.0: Rollout of cloud services compatible with mission critical systems, including base systems
- New developments in operation and maintenance: Expansion of BPO business using cloud technology, and rollout of next-generation integrated operation and maintenance services
- New service businesses: Rollout of new service businesses in a range of fields, drawing on accumulated expertise
- Measures to address large projects and key clients:Optimization of human resources across organizations to vigorously pursue large projects, and continued cultivation of business with key clients
- Area expansion: Global expansion focusing on the ASEAN region, and expansion of regional business
- Investment in people and technology: Strengthening of training of global human resources and cloud engineers, research and development of next-generation cloud services, and promotion of investment in innovation
- M&A in Japan and overseas: Strengthening of cooperation with development partners to expand and improve human resources, and capital tie-ups to speed up new service businesses
- Reduction of unprofitable development:Rigorous tightening-up of project management capabilities
- Creation of appealing company: Improvement in employees' job satisfaction through the establishment of a multiple-track personnel promotion system and measures other than encouraging morning-focused working, and enhancement of management efficiency through the construction of the next core system
- Flexible capital policy: Implementation of capital policy based on awareness of ROE and total shareholder return
Contact Information
ITOCHU Techno-Solutions Corporation
Corporate Communications Dept.
E-Mail:press@ctc-g.co.jp
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