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New Dedication 2023
:Making New Contributions
  • Never stop striving to be a company valued by society.
  • Work with our customers to support the workings of manufacturing and the foundation of industry.
  • Foster a corporate culture that embraces challenges and perseverance.

Overview of the third medium-term management plan

For three years starting in 2018, Nichiden systematically pursued business domain expansion through its second medium-term management plan. Fiscal 2020, the final year of the plan, saw business activities adapt to the ‘new normal’, as COVID-19 spread globally and forever changed the world we live in.
Amidst a variety of restrictions and self-restraints, we have had to alter the way we work and do business. But at the same time, facing this pandemic head on has taught us many new things and given birth to new ideas for improvement.
Under the third medium-term management plan, we have a new slogan, New Dedication 2023: Making New Contributions, which reflects our desire to devote ourselves to working for our customers even in difficult times.
Continuing to honor our previous vows to cultivate added value and apply new trading company functions, and adding to these a focus on the SDGs (sustainable development goals), we will strive to achieve ongoing growth and contribute to a sustainable society.

(1)Plan period

Three years from April 1, 2021 until March 31, 2024

(2)Basic management policies

  1. Never stop striving to be a company valued by society.
  2. Work with our customers to support the workings of manufacturing and the foundation of industry.
  3. Foster a corporate culture that embraces challenges and perseverance.

(3)Key policies

  1. Market strategy
    ・Work closely with partners
    ・Implement regional strategies
    ・Expand business in growth markets
  2. Corporate strategy
    ・Operate a BCP
    ・Strengthen group governance
    ・Pursue SDGs
    ・Implement DX (digital transformation)
    ・Cultivate and invest in human resources
    ・Bring new business to fruition
    ・Boost technological strength and added value through M&A
Market strategy
Corporate strategy

(4)Numerical targets

Fiscal 2021 targets Fiscal 2022 targets Fiscal 2023 targets
Consolidated sales 110.0 billion yen 120.0 billion yen 130.0 billion yen
Consolidated operating profit 3.3 billion yen 4.4 billion yen 6.0 billion yen
Consolidated ordinary profit 3.6 billion yen 4.7 billion yen 6.3 billion yen
Consolidated net income 2.4 billion yen 3.2 billion yen 4.3 billion yen