The Fifth Midterm Corporate Strategy (FY2021-2023)

Aim for record-high results by further pursuing competitiveness.

Continue developing new products that best meet the diverse needs of our customers and fully maximizing the improved production facilities.

 

FY2023 (April 2023 to March 2024) Consolidated

Revenue: 115 billion JPY

Current Profit: 11.5 billion JPY (ROS 10%)

1. Expansion of Domestic Sales

- Sales increase of refractories and thermal insulation materials as a package to meet the diverse needs of our customers, including reducing refractory consumption and CO2 emission

- Promotion of package services, from design to construction and installation, into non-ferrous and industrial furnaces

- Further and faster product development by reinforcing engineering specialists and collaborating with local universities and research institutions

- Promotion of cost reduction to address environmental issues (reducing waste and rationalization of logistics)

 

2. Expansion of Overseas Business

- Collaboration with international partners and new investments to achieve 1) promotion of tailor-made products with the best performance for customer needs and 2) expansion of local manufacturing scheme

 

3. New Businesses Opportunities

- Promotion of ceramic products and other various functional products of group companies along with fireproof and insulation materials

 

4. Capital Investment

- 14 billion JPY for 3 years (FY2021-2023)

 

Above content is a summary of our Fifth Midterm Corporate Strategy (FY2021-2023). Disclosure is made in accordance with the Corporate Governance Guidelines.
Actual results may differ from assumption and forecasts due to unprecedented factors and events.