VISION 101

We have set "VISION 101," which is a mid to long-term basic management policy for the Nittobo Group to survive the market in Japan where Nittobo is based, and at the same time, aim for sustainable growth within the global market. Nittobo will celebrate the 100th anniversary of its establishment on April 1, 2023. "VISION 101" which represents the company image we aim to realize in the target year of FY2023, which is the 101st year of our company establishment.

Corporate Vision

A company that delivers innovation from our origins in Fukushima and Japan throughout the globe, offering unique value added business and products based on client expectations and technology.A company that delivers innovation from our origins in Fukushima and Japan throughout the globe, offering unique value added business and products based on client expectations and technology.

〈Visions of each business〉

Visions of each business

Numerical Targets

(billion yen)

  FY2016   FY2023
Net sales 83.3 150.0
Operating profit 11.1 15.0
Ordinary profit 11.4 15.0
Current net profit 7.4 10.0
ROE (%) 9.8% 10% or more
Net interest-bearing debt 9.1 Virtually zero
Equity ratio 55.2% 70%
R&I rating BBB+ A

Basic Business Management Policies

We conduct business operations with basic policies as we aim to achieve "VISION 101."

  1. We will work to establish a culture of openness in the Nittobo Group both internally and externally.
  2. We believe that technological research and development are essential for the development of Nittobo.
  3. We establish and continuously review our corporate governance.