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Asahi Kasei Announces New Medium-Term Management Plan

on April 16, 2025 in Industry, Materials

Asahi Kasei announced the outline of its new medium-term management plan, “Trailblaze Together,” starting this fiscal year. The plan focuses on three core principles: Profit growth through investment outcomes, capital efficiency improvement via structural transformation and productivity gains, and evolution of “Diversity × Specialty.” Performance targets for the final year, fiscal 2027 ending March, are set at an operating profit...

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Nitta launches Phase 2 of Shift2030 Management Plan

on April 14, 2025 in Products

Belt, hose and tube manufacturer Nitta has launched Phase 2 of its medium- to long-term management plan Shift2030, covering fiscal years 2025–2027. The growth strategy, centered on manufacturing, focuses on strengthening existing businesses and exploring new ones, accelerating global expansion with North America and India as key markets, and aiming for consolidated sales exceeding 1 trillion yen ($6.54 billion), targeting...

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Sumitomo Rubber Announces New Long-Term Management Strategy

on March 17, 2025 in Tires

Sumitomo Rubber has announced its long-term management strategy for the year 2035 under the title “R.I.S.E. 2035”. The strategy aims to continue to provide everyone with new experiential value created from rubber, and positions creating rubber-based innovation, strengthening brand management and building a management foundation that is resistant to change as drivers of growth. “Going forward, we will firmly establish...

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Fukoku Launches New Medium-Term Management Plan

on June 7, 2024 in Products

Fukoku, a manufacturer of automotive rubber products, presented on May 22 its new medium-term management plan, which started this fiscal year and will end in fiscal 2027. In addition to the two business strategies of “strengthening existing businesses” and “expanding growth and new businesses,” the new medium-term plan aims to maximize profitability by reforming the management base with a focus...

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Nishikawa Rubber Formulates Global Medium- to Long-Term Management Plan for 2030

on June 6, 2024 in Materials

Nishikawa Rubber, a Hiroshima-based manufacturer of sealing products and industrial rubber products, has formulated its “2030 Global Medium- to Long-Term Management Plan.” The company aims to achieve sales of 130 billion yen ($833.75 million) or more, operating income of 13 billion yen or more, operating margin of 10% or more, ROE of 9% or more, and ROIC of 8% or...

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Mitsuboshi Belting Announces New Mid-Term Management Plan

on June 5, 2024 in Products

Mitsuboshi Belting, a manufacturer of industrial rubber products and rubber belts, announced at a financial result briefing on May 20 the outline of its new ’24 Mid-Term Management Plan, which will run through fiscal 2026. The company’s ideal state for fiscal 2030 is to “establish a strong corporate structure that is resilient to change,” and it has set numerical targets...

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