The Nittobo Group has set the Mid-Term Business Plan < Go for Next 100> Challenge for Creation and Innovation -Toward the Next 100 Years- . The planning period between fiscal years 2017 and 2020 are important beginning stage for the achievement of "VISION 101" which set the target until FY2023.
|Glass Fibers||Integrated development system and a wide variety of product lines from glass composition to final products to meet customer needs.|
|Life Science||Integrated production and R&D system from antiserum, raw materials, to in-vitro diagnostics.|
|Textiles||Capability to develop multilayer yarns with various functions.|
|Current net profit||74.8||→||100|
|ROE (%)||9.8%||→||8% or more|
|Net interest-bearing debt||91||→||100 or less|
|Equity ratio||55.2%||→||60% or more|
|R&D/Sales ratio||1.50%||→||2.0% or more|
|Capital investment< br />(Accumulated total for 4 years)||172||→||550|
This fiscal year's exchange rate forecast (JPY/US D) 108 yen=1 US dollar
100 yen= 1 US dollar
We will build a foundation for growth by making a capital investment in the accumulated amount of about 55 billion yen in four years through the utilization of assets and operating cashflow of resources.
Outstanding net interest-bearing debt
Nittobo Group's record-high consolidated net sales is 194.4 billion yen achieved in 1990.