Nissui unveils new mid-term plan, targets higher ROIC

Nissui is setting its sights on enhanced profitability and strategic growth with the launch of its "GOOD FOODS Recipe 2" plan. Key objectives include an increase in ROIC to 6.0% and ROE to 10.0% by fiscal 2027. The plan prioritizes strengthening the company's value chain by focusing on sustainability and addressing evolving market conditions. Nissui plans to strategically allocate JPY 110 billion in growth investments, with a significant portion earmarked for overseas expansion, particularly in North America and Europe. The group aims to achieve revenue of JPY 970 billion and operating profit of JPY 41 billion by fiscal 2027. A focus will be placed on optimizing its asset portfolio and reducing capital costs through various initiatives, including sustainable business practices. The company intends to maintain a stable dividend payout ratio, targeting a total return ratio of 40% or higher.