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Management Plans

Long-term Management Vision (Published May 2020)

The Hokuetsu Group (the “Group”) formulated the Long-term Management Vision “Vision 2020” in May 2011, aiming to develop into a global business group in accordance with the 2020 corporate image target, and has succeeded in obtaining definite results. Now, we have formulated a new Long-term Management Vision, “Vision 2030,” with the goal of further continuous growth as a global business group.

1.Basic Policy

In a business environment that is subject to major changes, the Group and all its stakeholders will aim for continuous growth by promoting management with effective governance and compliance, and developing and providing services and products that are both high quality and cost-competitive through environmentally-friendly business activities.

2.Name of the Vision

Vision 2030

3.Period of the Plan
April 1, 2020 through March 31, 2030 (10 years)
4. Consolidated management indicators
  • ■ A business group that contributes to sustainable social development based on environmental management
  • ■ A business group that makes use of diverse human resources and the latest technology to challenge ourselves in new business fields in step with the times
  • ■ A business group made up of people working proactively with dreams, hopes and pride

Medium-Term Management Plan (Published in May 2023)

The “Medium-term Management Plan 2026” has been formulated as the core period towards the realization of the Group image set out in the Long-term Management Vision “Vision 2030.”

1.Name

Medium-term Management Plan 2026

2.Period

April 1, 2023 through March 31, 2026 (3 years)

3.Target Consolidated Management Indicators (FY2025)
Net sales: ¥330 billion
Operating profit: ¥20 billion
Ordinary profit: ¥24 billion
Profit attributable to owners of parent: ¥20 billion
ROE: 8.0%
EBITDA: ¥39 billion
4.Investment Plan

Total Investment: ¥110 billion
(Growth and improvement investment: ¥30 billion; Maintenance and renewal investment: ¥40 billion; Strategic investment: ¥40 billion)

5.Basic Policy
  • ■ Shift business portfolio
    • ・We will pioneer new core businesses to further accelerate our business portfolio shift, with the aim of the continuous growth of the Group.
    • ・We will strive to expand our growth operations by exploring new businesses in Japan and overseas, promoting M&A, and developing new products that meet our customers’ needs.
  • ■ Strengthen competitiveness
    • ・We will further strengthen our competitiveness of “costs,” “the environment” and “safety,” and pursue a safe and stable production system that ensures profitability even within the contraction occurring in the domestic printing and communication paper market.
    • ・Above all else, by further improving our industry-leading environmental competitiveness, we will solidify our position as the papermaking company group chosen by customers.
  • ■ Promote sustainability (ESG) activities
    • ・We will promote responses to climate change, and the development of eco-friendly products.
    • ・As a people-oriented company, we will promote diversity and work-style reforms, and build a resilient organization by promoting human capital management and business activities that respect human rights.
    • ・We will strive to enhance our corporate governance, including by strengthening our risk management system.

Shift business portfolio

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