Topy Industries unveils new medium-term plan, ends takeover defense

Topy Industries, Limited (TSE:7231) today announced its new medium-term management plan, "TOPY Active & Challenge 2027," effective from FY2025 through FY2027. The plan aims to improve profitability through structural innovation, seed new growth businesses, and strengthen its business foundation to be less susceptible to economic changes. A key management target is achieving a Return on Equity (ROE) of 6% or higher by FY2027 and 8% or higher by FY2030, with an operating profit target of JPY 13 billion for FY2027. The plan also outlines a shareholder return policy that includes progressive dividends, targeting a Dividend on Equity (DOE) of 2.5%, and flexible share buybacks.