Hokuetsu Industries announces medium-term vision, director compensation plan

Hokuetsu Industries today announced its "Medium-Term Vision 2027," a three-year plan aiming to reach ¥70 billion in consolidated sales by fiscal year 2030. To achieve this, Hokuetsu Industries will focus on strategic growth in overseas markets, particularly North America, where the company plans to expand its brand strength and high-end product sales, as well as expand product sales in Southeast Asia. Simultaneously, it will focus on strengthening its domestic operations by targeting industrial machinery sales through the creation of new sales channels, all while generating resources from its already strong domestic construction machinery business.