Takachiho Koheki : New Medium-term Management Plan 2022-2024
April 19, 2022 at 03:17 am EDT
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2022-2024
~Towards 100th anniversary - Creating new value in a new normal era~
高千穂交易株式会社
TAKACHIHO KOHEKI CO.,LTD.
◼ Summary of our business performance
◼ Summary of our basic strategies
◼ Results of our structural reforms
◼ Our management issues and policy on making improvements
◼ Overview of our new medium-term management plan
◼ Management targets (FY2022-FY2024)
◼ Business strategy
➢ Initiatives for growth with an eye on tackling new business reforms
➢ Basic strategies
➢ Targets by segment
◼ Capital policies
➢ Improving capital profitability
➢ Shareholder return policy
➢ Procuring and allocating cash
Stage3
Challenges for Creation
~To create new corporate value~
◼ Self-realization on the part of employees
◼ Inspiring customers
◼ Developing business with a sustainable competitive advantage
Improving capital profitability
◼ Attaining key performance indicators (KPIs) in our management plan
Commitment to shareholders
Period covered by our new medium-term management plan
Maximization of corporate value
※1 We will commemorate the seventieth anniversary of our founding in fiscal year 2021.
※2 A strategy through which we aim to provide added value and thereby create and reinforce relationships with satisfied customers.
Reviewing our previous medium-term management plan and sorting out the issues we face
Summary of our business performance
◼ The numerical targets for the final year of the previous medium-term plan were revised downwards: sales from 26 billion JPY to 21.7 billion JPY and
ordinary income from 1.8 billion JPY to 1.1 billion JPY.
• In the business of fire-protection systems in Thailand, plant construction has been at a standstill due to a slump in crude oil prices. In addition, group management has not been functioning properly, which
Primary factors
has led to a drop in profits.
• Global business and office- and retail-related markets have been slowing down due to the spread of COVID-19.
• There has been sluggishness in various new businesses, such as our EC business and our RFID business.
◼ Due to a failure to meet our performance targets, the ROE failed to reach our initial forecast of 8%.
◼ For shareholder returns, a consolidated dividend payout ratio of 40% or more (minimum dividend of 24 JPY) will be implemented.
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Takachiho Koheki Co. Ltd. published this content on 19 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 April 2022 07:13:09 UTC.
TAKACHIHO KOHEKI CO., LTD. is a Japan-based company engaged in the search and development of technology products, the import and export business of products, as well as the installation, maintenance and system design of products. The Company operates through two business segments. The System segment is engaged in the provision of consulting service, system design service, system operation service, as well as installation and maintenance service of system equipment mainly for security products. This segmentâs products include security products, such as advanced fire protection systems, other solution products including network equipment, and customer service products. The Device segment is mainly engaged in the sale and consultation of products, such as semiconductors and mechanical parts. This segmentâs products include electronic products, such as semiconductors, electronic components and industrial products, such as slide rails, gas springs and keys.