The long-term vision "Vision 2030" for the year 2030 as well as the medium-term management plan are posted here.
We aim to maintain our role of being an indispensable presence in society as a leading company in the field of renewable energy utilization and environmental protection and reach an ordinary profit level of JPY 20.0 billion.
A great partner to our customers
Innovation of technologies and services
Solving issues faced by our customers and society
As a leading company in the field of renewable energy utilization and environmental protection , we will help create a sustainable society.
Management Principles
Long-Term Vision
Medium-Term Management Plan
External Environment/Risks and Opportunities
Global
Domestic (Japan)Inputs
Financial Capital
Sound financial foundation
Intellectual Capital
Technologies and expertise in the field of renewable energy utilization and environmental protection
Human Capital
Personnel capable of addressing the needs and issues of customers and society
Social and Relationship Capital
Relationships of trust and co-creation with customers and business partners
Manufactured Capital
Construction of high-quality plants
Natural Capital
Efficient utilization of natural resources
Outputs
Highly trusted businesses in the environment and energy fields
Outcomes
Customers and local communities
Safeguarding hygienic living environments Maintaining regional and industrial infrastructure Revitalizing communities and strengthening resilience
Environment and society
Generating clean energy Reducing greenhouse gas emissions Reducing environmental footprint
Business partners
Ensuring fair and secure business transactions
Employees
Realizing highly motivating workplaces
Shareholders
Increasing corporate value
Achieve further expansion with recurring revenue model businesses as the core driver of growth for Vision2030. Work on expanding the EPC business at the same time as recurring revenue will increase to achieve ordinary profit of JPY 20.0 billion by FY3/2031.
Challenges for achieving Vision 2030 include a lack of resources. In the 13th Medium-Term Management Plan, we paved the way toward growth to resolve these challenges by assessing the business environment and strengthening recruitment. The 14th Medium-Term Management Plan is positioned to materialize the growth story for realizing the vision by prioritizing investment of management resources into receiving orders for municipal solid waste treatment plants (renewals and primary equipment improvement) and establishing a revenue model that maximizes the use of recurring revenue while formulating and implementing measures to solve various challenges.
In addition to ordinary profit, new targets for orders received and return on equity (ROE) are set in the 14th Medium-Term Management Plan.
Continue to promote initiatives to address ESG issues through business activities by leveraging the Group’s strengths.
We will enhance corporate value by balancing business growth and shareholder returns that meet market expectations with a solid financial foundation.
01
Establish target ROE based on the recognition that the cost of equity over the past 10 years has been around 6%.
FY3/2027 ROE At least 11％
FY3/2021 ROE At least 12％
02
Secure a working capital and business risk buffer of roughly 2-3 months’ worth of sales (JPY 30-40 billion).
For cash and deposits above that level (operating CF + cash and balance in account), implement appropriate allocation between investment in growth and shareholder return.
03
Establish as a target amount whichever is higher calculated based on dividend payout ratio of 50% or dividend on equity (DOE) ratio of 4.0%
Share repurchase totaling approximately JPY 18 billion over three years to improve capital efficiency
04
Equity ratio Maintain at
50%level
Focus on growth investments and shareholder returns and execute appropriate cash allocation to increase corporate value.
01
21billion yen
02
33billion yen
01
Enhancing shareholder returns and improving capital efficiency through stable dividends and Purchase of treasury stocks
02
Establish as a target amount whichever is higher calculated based on dividend payout ratio of 50% or dividend on equity (DOE) ratio of 4.0%
03
Share repurchase totaling approximately JPY 18 billion over three years to improve capital efficiency
