Origin Company, Limited [6513.T]
TOKYO, Mar 30 (Pulse News Wire) – Origin Company,limited (6513.T) announced today its emergency reform plan aimed at achieving profitability by March 2027. The company cited external environmental factors and internal delays as reasons for falling short of its mid-term operating profit target of ¥25 billion for the fiscal year ending March 2026.
Key challenges identified included reduced demand forecasts across semiconductor, wearable technology, and electric vehicle sectors, leading to revenue declines. Additionally, supply chain disruptions and rising material costs further impacted profits. Internally, cost-cutting efforts lagged behind revenue reductions, and delays in launching new products contributed to missed targets.
To address these issues, Origin outlined three strategic pillars for recovery: portfolio optimization focusing on high-growth markets and products; comprehensive cost reduction through organizational restructuring and expense cuts; and enhanced governance and human capital management to improve decision-making speed and monitoring. Specific measures include streamlining operations within electronics and mechatronics divisions, expanding sales channels for chemical technologies and components, and implementing strict cost controls across all departments. The company also plans to invest approximately ¥10 billion in upgrading its manufacturing facilities to enhance production efficiency and reduce costs.
Origin's CEO, Eiji Inaba, emphasized the urgency of these reforms, stating, “Our immediate priority is to restore profitability and build a robust revenue base.” The company’s revised forecast projects an lower operating profit of ¥2 billion for the fiscal year ending March 2026, with a targeted return to black by March 2027.
🟡 Confidence: Standard AI-translated content.