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...
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...
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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