Taking into account the successes and shortcomings of the V-1 Plan, the V-2 Plan is centered on the further promotion of the four basic strategies and on turning their success into solid business results. In implementing these strategies, we will once again strive to attain performance targets on the level of those set under the V-1 Plan. Moving forward, we consider improving profitability our foremost priority and will focus on improving our profit structure.
Under the V-2 Plan, Lion will steadily increase profitability and lay the groundwork for future growth, working toward the achievement of the goals of Vision2020.

V-2 Plan Consolidated Performance Targets

(Millions of yen)

2017
Sales ratio Increase from 2014
Net sales 400,000 100.0% +32,604
Operating income 20,000 5.0% +7,594
Ordinary income 22,000 5.5% +7,941
Net income 12,000 3.0% +4,632
ROE 10% or above
BEP 90% or below

Assumptions

Dubai crude Palm oil
Raw materials 65$/BBL RM2,400/ton

U.S. dollar Thai baht Korean won
Foreign exchange rate ¥118 ¥3.5 ¥0.11
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