TOKYO, Apr 28 (Pulse News Wire) – Yurtec Corporation (1934.T) updated its business strategy aimed at achieving management mindful of capital costs and share prices following today’s board meeting. The company revised its numerical targets for its mid-term plan (), aiming for higher revenue growth and profitability.
For the fiscal year ending March 27, 2024, Yurtec reported operating profit of 180 billion yen. Based on this performance, the company raised its revenue target for 2028 to 2,800 billion yen from the previously set goal of 2,800 billion yen. Additionally, the operating profit target was adjusted to 90 billion yen from 60 billion yen, reflecting improved expectations. To enhance enterprise value, Yurtec outlined several key strategies.
These include accelerating efforts in high-growth areas such as expanding operations beyond Tohoku and Niigata, renewable energy projects, and overseas ventures. The company also plans significant investments totaling approximately 240 billion yen across various initiatives, including environmental upgrades and human resource development. In addition, Yurtec emphasized ongoing improvements in investor relations activities, committing to more robust information disclosure and enhanced dialogue with shareholders and investors. Specific measures include regular earnings presentations, sustainability-focused non-financial reporting, and the issuance of sponsored research reports beginning in 2025.
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