Yushiro Chemical Industry's Mid-term Management Plan
2022/3 - 2024/3
01
Overview of Plan
The new medium-term management plan will improve profitability, restore the performance level, which has been affected by the COVID-19 pandemic, and lay the foundation for the next growth.
Positioning of RECOVER PLUS Positioning of RECOVER + PLUS
Yushiro Chemical Industry's Mid-term Management Plan, March 2022 to March 2024
Basic Policy
PLUS Strengthening Management Base
Management structure less susceptible to the market environment and external environment
Break away from dependence on the automobile industry in the metalworking oil and fluid field
Rebuild the business model
PLUS Improved Profitability Improved Profitability
Expand entry into the aircraft parts and medical parts markets
Rationalize and streamline operations by utilizing ICT technology
PLUS Promotion of ESG Strategies
Establish environmental goals
Further promote industry-academia collaboration
Capital efficiency-conscious management
02
Quantitative Goals
Year ended March 2021 | Year ended March 2024 | |
---|---|---|
Sales | 31.6 billion yen | 40 billion yen |
Operating Profit | 1 billion yen | 3.1 billion yen |
Ordinary Profit | 1.5 billion yen | 3.5 billion yen |
Current Net Income | 900 million yen | 2.3 billion yen |
ROE | 3.3% | 8.0% |
Sales Trends
Financial and Investment Strategies
Dividend Policy
Believing that giving priority to investments that will enhance corporate value and lead to sustainable growth will ultimately contribute to the common interests of all stakeholders and taking the return of profits to shareholders as an important management policy, we will make the dividend payout ratio 30% or more with a policy of stable and sustainable dividend payments.
Annual Dividend
03
Business Strategy
Our goal is to steadily deepen existing businesses and steadily expand new business areas.
STRATEGY 01 Strengthening Management Base
We aim to create a management structure less susceptible to the market environment and external environment.
Strengthen the automotive customer base
Expand customer base and product areas
Expand customer base through collaboration
Commercialize self-healing materials
Enter the BtoBtoC market
"Washing tub cleaner"
Enter the BtoBtoC market
"Photocatalyst"
strategy 02 Improved Profitability
We aim to improve profitability by rationalizing and streamlining operations.
Expand entry into the aircraft parts and medical parts markets
Reform operations by ICT
Improve employee productivity
Improve management efficiency
Share information with overseas bases
strategy 03 Promotion of ESG Management
We will promote management aiming to realize a sustainable society.
E (Environment)
Establish specific goals to realize our basic environmental policy.
S (Society)
Contribute by developing products to solve social issues, through industry-academia collaboration.
G (Governance)
Promote capital efficiency-conscious management.