JGC HOLDINGS CORPORATION [1963.T]
TOKYO, May 14 (Pulse News Wire) – JGC Holdings Corporation (1963.T) revised its long-term vision for 2040, adjusting key targets amid evolving market conditions. The updated plan retains the group's purpose and focus on three societal challenges but modifies strategic investment approaches and profit goals.
Specifically, the company now aims for adjusted operating profits of more than ¥100.0 billion by 2040, downgrading previous projections. Additionally, the firm shifted its strategy towards more flexible growth across five business areas, emphasizing adaptability in response to market changes.
In the near term, JGC plans to deepen investments in core sectors while harvesting growth opportunities in emerging fields such as high-performance materials and healthcare life sciences. The company also reaffirmed its commitment to energy transition, focusing on low-carbon oil and gas solutions alongside renewable energy technologies.
For the future, JGC outlined a multi-phase approach aimed at achieving sustained profitability through diversified business models and regional expansion strategies.
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