Management Plan
Vision for 2025: "FURUKAWA Power & Passion 150"
"Become a corporate group that leverages its reputation for category leadership and uniqueness to deliver growth."
- Targeting consolidated annual operating income regularly in excess of ¥15 billion as we approach our 150th anniversary in fiscal 2025. -
Management & Financial Indicators
| FY2016 (Base year for comparison) |
FY2019 | FY2022 | FY2025 Image |
||
|---|---|---|---|---|---|
| Management Indicator | Operating Income | ¥6.5 billion | ¥8.6 billion | ¥9 billion | Approx. ¥13 billion |
| ROE | 5.9% | 5.8% | 6.2% | Approx. 8% | |
| Financial Indicator | Debt / Equity ratio | 0.9 times | 0.9 times | 0.6 times | 0.5 times range |
| Interest-bearing debt-to-EBITDA ratio |
7.6 times | 5.7 times | 4.8 times | 3 times range | |
| Issuers rating | BBB (JCR) |
BBB (JCR) |
BBB+ (JCR) |
A- or higher (Japanese rating firm) |
|
(*) Debt / Equity ratio = Interest-bearing debt (Term end) / Equity (Term end)
(*) Interest-bearing debt-to-EBITDA ratio = Interest-bearing debt (Term end) / (Operating income + Depreciation and amortization)
Medium-Term Business Plan 2025(FY2023~FY2025)
- Medium Term Business Plan 2025 Complete Realization of Vision for 2025／Notice Concerning Establishment of Target for Reducing Strategic Shareholdings [PDF:2,632KB]
- Medium Term Business Plan 2025 —Complete Realization of Vision for 2025 (Target for reduction of strategic shareholdings added on February 9, 2024) [PDF:6,303]
Medium-Term Business Policy 2022(FY2020~FY2022)
Medium-Term Business Plan 2019(FY2017~FY2019)
- *This is a notification dated June 29, 2017 that the term "annual cash dividends of ¥5.00 per share" in "Medium-Term Business Plan 2019" announced on May 24, 2017 shall be deemed to be replaced with "annual cash dividends of ¥50.00 per share", due to the implementation of a 1-for-10 reverse stock split effective on October 1, 2017.