NITTO DENKO CORPORATION [6988.T]
TOKYO, May 29 (Pulse News Wire) – Nitto Denko Corporation (6988.T) unveiled its new three-year mid-term plan, titled “Nitto RISE 2028,” aimed at becoming an indispensable ESG niche-top enterprise by 2030. Key financial targets include achieving operating profit of more than ¥220.0 billion and an operating margin of over 20% by fiscal 2028, with a targeted ROE of 14%.
The plan emphasizes creating products and services that address societal issues while generating economic value, focusing on dual certification standards—PlanetFlags™/HumanFlags™ and Global Niche Top™/Area Niche Top™. To support these goals, the company will focus on human capital management, digital utilization, and decarbonization strategies. Non-financial objectives include increasing the ratio of sales revenue from double-certified products to over 40% by 2028 and reducing Scope 3 greenhouse gas emissions to below 1,520kton by the same year.
Additionally, the engagement score target is set at 85 by 2030, reflecting efforts to enhance employee involvement and productivity. Through collaborative innovation with customers and partners, Nitto Denko aims to contribute to sustainable environmental and social development, meeting stakeholders' expectations and trust. Details of the “Nitto RISE 2028” plan can be found on the company’s website.
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