Oji Holdings targets 8% ROE by 2027

Oji Holdings Corporation (TSE:3861) today unveiled the outline of its medium-term management plan, aiming to achieve an 8.0% ROE by 2027, underpinned by strategic initiatives to enhance profitability and shareholder returns. The plan includes an ambitious JPY 1,200 billion share buyback program, in addition to the JPY 1,000 billion already announced in December 2024 to bring total to JPY 1,500 billion. The company also plans to increase its dividend payout ratio to 50% starting in 2025. The company projects fiscal year 2027 to see operating income reach JPY 1,200 billion and net profit to JPY 800 billion. Oji Holdings intends to achieve these targets through existing business enhancement, strategic portfolio realignment, and investment in research and development focusing on sustainable packaging and biomass businesses, with a particular emphasis on growth opportunities in India and Southeast Asia. Full details of the plan will be released on May 30, 2025.