KODAMA CHEMICAL INDUSTRY CO.,LTD. [4222.T]
TOKYO, May 14 (Pulse News Wire) – Kodama Chemical Industry CO.,LTD. (4222.T) announced its new mid-term plan, "Kodama Chemical Group New Medium-Term Plan 2028," covering fiscal years 2027 through 2029.
Under the new plan, the company targets revenue of 900 billion yen and an operating profit rate exceeding 10%. By the final year of the plan, fiscal 2029, Kodama aims for revenue of 830 billion yen and an operating profit of 32 billion yen. To achieve these goals, the company plans to invest heavily in maintaining and upgrading production facilities, allocating approximately 15 billion yen over three years for such investments. Additionally, Kodama will focus on enhancing synergy within the mobility sector, aiming to capture more than 50% of sales in this area. The company also intends to expand into non-mobility markets through new product development and customer acquisition efforts.
In the resin molding segment, Kodama will strengthen its manufacturing base in Japan, particularly focusing on high-performance materials like super-engineering plastics. Overseas, the company plans significant investments in Thailand to meet growing local demand from Japanese automakers. For the casting and forging segment, Kodama sees xEV products as key growth drivers, targeting an operating margin increase to 20%. In the powder metallurgy segment, the company aims to maximize profits from existing products while developing new power supply-related products for data centers and semiconductors. Additionally, Kodama plans to establish a new factory in India to boost production and sales locally.
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