RIVER ELETEC CORPORATION [6666.T]
TOKYO, Jun 12 (Pulse News Wire) – River Eletec Corporation (6666.T) unveiled its mid-term plan R2028 targeting fiscal years 2026 through 2028. The plan focuses on enhancing profitability and strengthening its position in key markets such as automotive, medical healthcare, and industrial equipment.
Despite achieving revenue growth in targeted sectors, the company fell short of quantitative goals set in the previous plan due to reduced smartphone orders and rising costs. Key targets for 2028 include sales of ¥9.300 billion, operating profit of ¥1.500 billion, an operating margin of 16%, and a return on invested capital (ROIC) of 13%.
The strategy emphasizes product portfolio optimization, innovative value creation, and structural reforms to bolster profitability and operational efficiency. The company also plans to capitalize on emerging trends in AI and IoT, developing products tailored for next-generation data centers and edge AI devices.
Initiatives include securing design wins for high-frequency low-jitter crystal oscillators aimed at 1.6 terabit optical transceivers, which are expected to significantly contribute to future earnings.
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