SHINDEN HIGHTEX CORPORATION [3131.T]
TOKYO, May 13 (Pulse News Wire) – Shinden Hightex Corporation (3131.T) disclosed its third mid-term business plan covering fiscal years 2027 through 2029. The plan was approved at a board meeting held.
Under the new strategy, the company aims to achieve sustainable growth by enhancing its revenue structure and portfolio review. Specifically, Shinden Hightex targets a consolidated ordinary profit of ¥1.4 billion by March 2029, up from ¥1.2 billion forecast for March 2027. The company also plans to strengthen its digital transformation efforts and improve capital efficiency metrics such as ROE and CCC.
In addition, the firm emphasizes sustainability initiatives and balanced dividend policies. It seeks to maintain stable and continuous dividend payouts while balancing shareholder returns with corporate growth. The company’s strategic focus includes expanding into emerging markets and leveraging partnerships to enhance competitiveness and market share.
Shinden Hightex's comprehensive approach integrates operational improvements, talent development, and enhanced governance standards to drive long-term value creation and ensure sustainable profitability.
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