TOKYO, May 14 (Pulse News Wire) – Nippon Soda CO.,LTD. (4041.T) outlined its new mid-term plan, "Chemistry Shines," Stage III, covering fiscal years 2026 through 2029.
The plan targets revenue growth to reach 100 billion yen by 2029, up from the current level. Key strategies include expanding high-value businesses and creating new value through innovation. The company plans to invest approximately 200 billion yen in growth projects over four years, focusing on organic EL materials and animal health products. Research and development spending will increase significantly during the Stage III period, aiming to achieve a return on sales (ROS) of more than 15%.
Additionally, Nippon Soda aims to maintain a progressive dividend policy while actively pursuing mergers and acquisitions to strengthen existing operations and adjacent areas. The company also intends to enhance capital efficiency by improving asset utilization and reducing inventory levels. In the coming years, Nippon Soda will focus on digital transformation initiatives to address declining production-age populations and improve operational efficiency. By 2029, the firm expects to reduce its workforce by 10%, enhancing productivity and sustainability.
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