Medium-term management plan
We are proceeding with our medium-term management plan "TY2024" (from the fiscal year ended September 2022 until the fiscal year ending September 2024). Under the "TY2024," we will implement our growth strategy centered on the three pillars of business strategy, financial and capital strategy, and strengthening our management foundation, and make steady progress toward enhancing corporate value.
*For details, please refer to the following file.
"TY2024" management strategy
Creating the future with
"measurement" technologies
As a leading provider of "measurement" solutions,
we contribute to a prosperous society and to the creation of a global environment
that is friendly to people and the earth.
Sustainable
“enhancement of corporate value”
We enhance corporate value by continuing to create measurement systems, products, and services.
Technology Interface
We provide cutting-edge measurement solutions to global industry,
supporting and accelerating technological innovation.
Business strategies
Expanding new renewable energy sources
Promotion of a decarbonized society
Accelerating digital transformation and 5G solutions
Realization of
a high-speed communications environmentSecuring stable revenue
Recurring business
Investing in new fields
Continued investments in R&D
Growing business and enhancing values through M&A
Business expansion through M&A
Business strategies
Promotion of a decarbonized society
Electrification
- New opportunities in the mobility fields such as agricultural machinery, construction machinery, aircraft, and vessels
- Development and sales expansion of advanced systems for simulation applications
EV charge analyzer/simulator
Next-generation batteries
- Differentiation from competitors through our know-how, patented technologies, and in-house developed products, as well as overseas expansion
New plasma scanning microscope
Renewable energy
- Business expansion to improve energy efficiency, including the development of next-generation solar cells and power semiconductors
- Entry into the ocean measurement business for offshore wind power generation facilities
Underwater robot
Realization of a high-speed communications environment
5G (5th generation) solutions
- 5G failure analysis and network enhancement load testing tool
- C-V2X evaluation system
- Wireless communication performance evaluation system for connected cars and autonomous driving
- Solutions for the emerging local 5G market
DX (Digital Transformation)
- Information security management tools and educational tools for the remote work environment
- Information asset protection solutions under zero trust security
- Software build acceleration and mobile AP test tools to promote DX development
Recurring business
Securing stable revenue from recurring business
We will not only supply products that meet our customers' needs, but also work to create new services by providing ongoing value as our customers' partners.
Financial and capital strategy
Our management targets for the fiscal year ending September 2024 are consolidated net sales of JPY 30 billion, consolidated operating income of JPY 3.5 billion, and ROE 8.0%.
Dividend policy
We consider returning profits to our shareholders to be a key management policy, and we will pay a stable and high annual dividend which is equal to the greater of DOE (dividend on equity ratio) 4% or consolidated dividend payout ratio 60%.
Acquisition of treasury stock
We will continue to consider the acquisition of treasury stock as appropriate.
Recent acquisitions of treasury stock
| FY2019 | 273,700 shares |
|---|---|
| FY2021 | 959,000 shares |
| FY2023 | 1,492,100 shares |
Foster diverse and competitive talent
- Promoting a work environment where all employees can work in their own way through diversity and respect for human rights
- Developing human resources capable of playing an active role globally by supporting employees' career advancement and enhancing the evaluation system
- Promoting work-life balance through work style reforms and health management
Establish a strong and sound management base
- Enhancing management transparency, soundness and efficiency by conforming to CG (corporate governance) code
- Enhancing risk management by strengthening internal controls through various committee activities and monitoring
- Promoting awareness of compliance among all employees by implementing a variety of employee education programs, depending on rank and job type
