TOKYO, May 28 (Pulse News Wire) – Chuo Spring CO.,LTD. (5992.T) updated its mid-term plan for fiscal 2025 based on a review of its initial year's performance.
The company reported a decrease in operating profit due to increased fixed costs aimed at safety and infrastructure investments but noted significant progress in growth strategies. Key highlights include plans to build a new factory in Tochio by August 2026, expected to commence operations in May 2028. Additionally, the firm aims to enhance production efficiency and competitiveness through strategic investments and cost reduction measures. In the financial results for the fiscal year ended March 2026, revenue reached ¥110.8 billion, while operating profit decreased to ¥2.840 billion compared to the previous year.
Net income saw a substantial increase due to the sale of financial assets, which was primarily allocated towards safety and infrastructure investments. The company also outlined its strategy to achieve higher return on equity (ROE) and price-to-book ratio (PBR) targets moving forward. Regarding future growth, CHUO SPRING emphasized expanding high-margin products such as precision springs and cable businesses, targeting robust contributions from these segments by 2030. The company plans to strengthen its global supply chain and explore new markets, particularly in North America and India, to drive further revenue growth.
Financial planning includes prioritizing investment in safety and infrastructure alongside shareholder returns, with dividend payments set to increase by 1.5 times in fiscal 2025 compared to the previous year.
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