RIKEN TECHNOS CORPORATION This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. RIKEN TECHNOS CORPORATION assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.
RIKEN TECHNOS CORPORATION
Three-yearMedium-term Business Plan
May 20, 2022
Previous three-yearmedium-term business plan
Generating Greater Value Together!
Aiming to become the leading provider of comfort for all living spaces | 1 |
Overview of previous three-yearmedium-term business plan
Management policy
MORE VALUE TO ALL 2021: Generating Greater Value Together!
Numerical targets
Consolidated | FY ended March 2022 |
basis | (final year of the plan) |
Net sales | 115 billion yen |
Operating profit | 8.5 billion yen |
Ordinary profit | 8.5 billion yen |
Net income | 5 billion yen |
ROS | 7.0％ |
ROE | 8.0％ |
Five key challenges
1 | Intensifying Global Management and Generating Synergies |
2 | Improving the Capacity to Generate Revenues and Profits |
through Strategic Thinking | |
3 | Realizing a Production Structure that Reflects the Thorough |
Pursuit of Efficiency | |
4 | Contributing to a Sustainable Society |
5 | Strengthening Corporate Foundations through Management |
Emphasizing Human Resource Development and Governance | |
Aiming to become the leading provider of comfort for all living spaces | 2 |
Summary of results of previous three-yearmedium-term business plan
(numerical performance)
Net sales
Operating profit
ROS
Ordinary profit
Net income
ROE
billion yen | ||
FY ended March | FY ended March | Relative to |
2022 (plan) | 2022 (actual) | plan |
115.0 | 109.9 | -5.1 |
-4.4% | ||
8.5 | 6.3 | -2.2 |
-26.0% | ||
7.0% | 5.7% | -1.3% |
- | ||
8.5 | 6.9 | -1.6 |
-19.0% | ||
5.0 | 3.9 | -1.1 |
-21.2% | ||
8.0% | 7.1% | -0.9% |
- |
Net sales (billion yen)
120
100
80
60
40
20
Consolidated financial results
ROS
ROE 109.9
97.8 98.8
88.2 7.1%
6.4% 6.2% 6.3%
5.7%
5.9%6.0%
5.6%
5.8 5.6 5.3 6.3
3.1 3.1 3.2 3.9
15.0 | |
12.5 | |
yen) | |
10.0 | (billion |
7.5 | / net income |
5.0 | |
profit | |
2.5 | Operating |
Summary
- Net sales and each measure of profit in the final year of the medium-term business plan were the highest ever.
- However, the plan was not achieved due to the impact of COVID-19 and soaring raw material prices.
0
FY ended | FY ended | FY ended | FY ended | |||||||||
March 2019 | March 2020 | March 2021 | March 2022 | |||||||||
Net sales | Operating | Net income | ||||||||||
profit | ||||||||||||
0.0 |
Aiming to become the leading provider of comfort for all living spaces | 3 |
Five key challenges and outcomes (1)
1 | Intensifying Global Management and Generating Synergies | |
Enhanced the level of management of overseas sites | Demonstrated global synergies | |
- Global administration progressed in each division | - Acquired a compound business from Asian third party. | |
based on an organization aware of global | - Completed production structure optimization in ASEAN | |
management issues. | ||
(began expanding compound production facilities in | ||
- Rolled out the Riken Standard for manufacturing | Thailand and Vietnam). | |
globally. | - Acquired business related to ICE-µ thermal barrier film | |
- Enhanced the sophistication of the governance of | for automobile window glass. | |
overseas subsidiaries. | ||
2 Improving the Capacity to Generate Revenues and Profits through Strategic Thinking
Strengthened sales of high value-added products | Efficiently boosted profits |
- Expanded the lineup and sales of RIKEGUARD | - Promoted shared administrative operations to reduce |
infection control products. | costs and pursued the integration of subsidiaries' IT |
- Acquired ACS assets and expanded into the electrical | systems. |
materials field. | - Increased Group management efficiency and |
- Collaborated with a design subsidiary to improve | strengthened development/sales capabilities through |
the absorption of Riken Fabro Co., Ltd. | |
marketing in new markets. | |
Aiming to become the leading provider of comfort for all living spaces | 4 |
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Riken Technos Corporation published this content on 27 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2022 08:04:09 UTC.
