#Japan #Tokyo #Shareholder Returns #Management Plan #Asahi Kogyosha

Asahi Kogyosha Corporation Unveils New Medium-Term Management Plan

Asahi Kogyosha Corporation, headquartered in Minato, Tokyo, has set forth its 19th Medium-Term Management Plan for the three years from April 2026 to March 2029. This strategy, named "Foundation for Takeoff", is the first update of their long-term vision, the "ASAHI-VISION 2050", which outlines the company's ideal state for the future.

The plan focuses on creating a company that shares the joy of innovation with its stakeholders, emphasizing three key actions and eight specific initiatives to drive its strategic objectives.

Key Objectives and Initiatives

Asahi Kogyosha has laid out several ambitious targets to be achieved by the end of the last fiscal year in 2029, including:

• - Performance Goals: Achieving consolidated sales of ¥125 billion and an operating profit of ¥13.5 billion.
• - Capital Efficiency: Maintaining a Return on Equity (ROE) of over 15%.
• - CO2 Emission Reductions: Aiming to cut Scope 1 and 2 emissions by 55% and Scope 3 emissions by 23%, both compared to 2019 levels.
• - Asset Optimization: Reducing the ratio of policy-held shares to consolidated net assets to below 20%.
• - Growth Investments: Committing a total investment of ¥24 billion over the three years.
• - Shareholder Returns: Ensuring a stable return policy, including a consolidated dividend payout ratio of over 40% or a Dividend on Equity (DOE) of over 6%, whichever is higher.

This comprehensive plan not only underscores the company’s commitment to future growth by prioritizing investments but also emphasizes proactive shareholder returns to maximize corporate value.

The Path Ahead

Asahi Kogyosha is dedicated to unwaveringly addressing current management challenges to build a stable foundation for sustainable growth. The company encourages all stakeholders to partake in an exciting journey towards innovation, as encapsulated in their motto, "Creating a Future Full of Excitement."

About Asahi Kogyosha Corporation

Founded in 1925, Asahi Kogyosha has established itself as a leader in the industry by creating optimal spaces through cutting-edge technology grounded in the sciences of air, water, and heat. The company is involved in equipment installation and manufacturing, focusing on effective HVAC systems for diverse setups, including factories, laboratories, and data centers. They also develop precise environmental control equipment for semiconductor and LCD manufacturers, along with drying systems for printing and coating machinery, all aimed at fostering comfortable environments and ideal spaces.

With the implementation of this new medium-term plan, Asahi Kogyosha is poised to make significant strides in its effort to transform and innovate, ensuring an exhilarating future for all its stakeholders.