• Prioritize capital expenditures – JPY 330 billion
• Allocate in expanding production capacity, improving quality, and expanding overseas business
• Stable and continued increases to dividends with a target consolidated payout ratio of 30% by considering medium- to long-term business forecasts
• Grow overseas business
• Invest in growth platform through strategic alliances, M&A
• Capital source: loan procurement with ideal D/E ratio of 0.5
• Prioritize capital expenditures – JPY 330 billion
• Allocate in expanding production capacity, improving quality, and expanding overseas business
Returns to shareholders• Stable and continued increases to dividends with a target consolidated payout ratio of 30% by considering medium- to long-term business forecasts
Strategic investments• Grow overseas business
• Invest in growth platform through strategic alliances, M&A
• Capital source: loan procurement with ideal D/E ratio of 0.5