In 2025, we formulated the long-term corporate strategy R.I.S.E. 2035 and articulated our vision for 2035 as Continuing to Provide ‘New Experiential Value’ Born from Rubber to Everyone. Leveraging our two strengths, Rubber and Analytical Technology and "Brand Creation Power, we will drive growth through Innovation Driven by Rubber, Strengthening Brand Management, and Building a Resilient Management Foundation. We will continue to deliver attractive new value to customers of mobility, sports, healthcare, and daily life. Through these efforts, we will contribute to developing of a prosperous and sustainable society for the future.
In the mid-term plan we started in 2023, we have promoted structural reforms by focusing on existing businesses and building foundations for growth, with the expected early achievement of the initial mid-term plan targets. Therefore, we will revise the goals in our long-term corporate strategy and continue to advance the mid-term plan.
The following are the measures taken to achieve management that is conscious of capital costs and stock prices.
As a result of these efforts, we aim to achieve a business profit rate of 10%, ROE (return on equity) of 10%, D/E ratio (debt-to-equity ratio) of 0.6, and ROIC (return on invested capital) of 8% by 2027.We will realize PBR 1 x or more by raising the bar for profitability of capital.
We regard the return of profits to shareholders as one of our highest management priorities.
Our basic policy is to deliver sustainable and stable shareholder returns over the long term, giving comprehensive consideration to dividend-related indicators. To this end, we have established benchmarks of a consolidated dividend payout ratio of at least 40% and a DOE (Dividend on Equity) of at least 3%.
