TOKYO, May 13 (Pulse News Wire) – TEAC Corporation (6803.T) announced its three-year mid-term business plan covering fiscal years 2027 through 2029. The plan focuses on achieving top share in targeted areas and expanding related product systems and solutions.
Key strategies include securing leadership positions in specific sectors followed by developing comprehensive system solutions. Financial targets outlined in the plan are: - Sales revenue: aiming for more than ¥17.00 billion (compared to ¥15.94 billion in fiscal 2026) with a compound annual growth rate (CAGR) of 2.2%. - Operating profit: targeting over ¥850 million (up from ¥680 million) with a CAGR of 7.9%.
- Return on equity (ROE): exceeding 10.0% (from 15.2% currently). - Operating margin: reaching above 5.0% (currently at 4.2%). - Operating cash flow: expecting more than ¥1 billion (compared to ¥1.610 billion).
Additionally, the company plans to increase dividend payout ratio to above 20% if the operating profit target of ¥85.00 billion is achieved in fiscal 2029.
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