This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. RIKEN TECHNOS CORPORATION assumes no liability for this translation or for direct, indirect or any other form of damage resulting from the translation.
RIKEN TECHNOS CORPORATION
Medium-term three-year business plan
May 20, 2022
Previous medium-term three-year business plan
Generate more value together!
|
Aiming to become the premier comfort provider for all living spaces |
1 |
Overview of the previous three-year medium-term business plan
Management policy
MORE VALUE TO ALL 2021: Generate more value together!
Digital goals
|
Consolidated |
Year ended March 2022 |
|
base |
(last year of the plan) |
|
Net sales |
115 billion yen |
|
Operating result |
8.5 billion yen |
|
Ordinary profit |
8.5 billion yen |
|
Net revenue |
5 billion yen |
|
SAR |
7.0％ |
|
DEER |
8.0％ |
Five key challenges
- Intensify global management and generate synergies
- Improve ability to generate revenue and profit through strategic thinking
- Achieve a production structure that reflects the in-depth search for efficiency
- Contribute to a sustainable society
- Strengthen the foundations of the business through management emphasizing human resource development and governance
|
Aiming to become the premier comfort provider for all living spaces |
2 |
Summary of the results of the previous three-year medium-term business plan
(digital performances)
Net sales
Operating result
SAR
Ordinary profit
Net revenue
DEER
Summary
|
billion yen |
||||
|
Year ended March |
Year ended March |
Related to |
||
|
2022 (map) |
2022 (actual) |
to plan |
||
|
115.0 |
109.9 |
-5.1 |
||
|
-4.4% |
||||
|
8.5 |
6.3 |
-2.2 |
||
|
-26.0% |
||||
|
7.0% |
5.7% |
-1.3% |
||
|
– |
||||
|
8.5 |
6.9 |
-1.6 |
||
|
-19.0% |
||||
|
5.0 |
3.9 |
-1.1 |
||
|
-21.2% |
||||
|
8.0% |
7.1% |
-0.9% |
||
|
– |
||||
Consolidated financial results
SAR
DEER 109.9
97.8 98.8
88.2 7.1%
6.4% 6.2% 6.3%
5.7%
5.9%6.0%
5.6%
5.8 5.6 5.3 6.3
3.1 3.1 3.2 3.9
|
15.0 |
|
|
12.5 |
|
|
yen) |
|
|
10.0 |
(billion |
|
7.5 |
net revenue/ |
|
5.0 |
profit |
|
2.5 |
Operating |
|
0.0 |
- Net sales and each measure of profit over the last year of medium-term business plan were the highest ever recorded.
|
Year ended |
Year ended |
Year ended |
Year ended |
|
March 2019 |
March 2020 |
March 2021 |
March 2022 |
- However, the plan was not realized due to the impact of COVID-19 and soaring commodity prices.
|
Net sales |
Operating |
Net revenue |
||||||
|
profit |
||||||||
|
Aiming to become the premier comfort provider for all living spaces |
3 |
Five challenges and key results (1)
- Intensify global management and generate synergies
|
Improvement of the level of management of sites abroad |
Global synergies demonstrated |
|
– Overall administration progressed in each division |
– Acquisition of a company composed of an Asian third party. |
|
relying on an organization aware of global issues |
– Complete optimization of the production structure in ASEAN |
|
management issues. |
|
|
(began to expand its compound production facilities in |
|
|
– Deployment of the Riken standard for manufacturing |
Thailand and Vietnam). |
|
globally. |
– Acquisition of an activity related to the thermal barrier film ICE-µ |
|
– Improvement of the sophistication of the governance of |
for car windows. |
|
subsidiaries abroad. |
|
- Improve ability to generate revenue and profit through strategic thinking
|
Strengthening sales of high value-added products |
Effective profit increase |
- Expanded range and sales of RIKEGUARD infection control products.
- Acquisition of the assets of ACS and expansion into the field of electrical materials.
- Worked with a design subsidiary to improve marketing in new markets.
- Promotion of shared administrative operations to reduce costs and continued integration of the subsidiaries’ information systems.
- Increased group management efficiency and enhanced development/sales capabilities through the absorption of Riken Fabro Co., Ltd.
|
Aiming to become the premier comfort provider for all living spaces |
4 |
This is an excerpt from the original content. To continue reading it, access the original document here.
