Teikoku Tsushin Kogyo (Noble) Formulates New 'Medium-Term Management Plan 2030', Aiming for Early Achievement of ROE 8.0% or Higher

Teikoku Tsushin Kogyo Co., Ltd. (Headquarters: Nakahara-ku, Kawasaki City, Kanagawa Prefecture; President: Masuo Hanyu; TSE Prime: 6763), an electronic components manufacturer, reached a major milestone in 2024 with its 80th anniversary. Aiming to become a 'century-old company', the company has formulated a new 5-year 'Medium-Term Management Plan 2030' to achieve sustainable growth and enhance corporate value.

This plan sets a target of achieving sales of 22 billion yen in fiscal 2030, and strongly promotes both growth investments in new fields and shareholder returns to achieve an ROE of over 8.0% at an early stage.

Previous Initiatives

In the previous medium-term management plan covering fiscal years 2021-2025, the company focused on building a foundation for medium- to long-term growth by expanding existing areas, exploring new fields, and deepening R&D. However, new product development remains a continuous challenge to be addressed in the current plan. On the other hand, since the announcement of the previous plan, the stock price has been firm, outperforming the TOPIX, and the PBR has approached 1x, indicating a certain level of achievement.

Future Outlook

With the newly formulated 'Medium-Term Management Plan 2030', the Teikoku Tsushin Kogyo Group, having celebrated its 80th anniversary in August 2024, will build on the long-term vision presented alongside the previous plan. All employees will share a common understanding and forge the future based on 'creativity' and a 'challenging spirit'. The new medium-term management plan aims to further accelerate the initiatives of the previous plan, pursuing sustainable growth and improved corporate value.

■ Reference Link

Notice of Formulation of 'Medium-Term Management Plan 2030'

https://www.noble-j.co.jp/ir-info/management-plan/

Contact Information

Email: ir-info@ho.noble-j.co.jp

Phone: 044-422-3831 (Accounting Dept., Financial IR Section)

Company Overview

Corporate Philosophy: Teiko contributes to the realization of a prosperous society by consistently providing satisfying work to customers worldwide through the manufacture and service of electronic components.

Company Name: Teikoku Tsushin Kogyo Co., Ltd. (TSE Prime: 6763)

Location: 45-1 Kariguruma, Nakahara-ku, Kawasaki City, Kanagawa Prefecture

Established: August 1, 1944

President: Masuo Hanyu

Business: Sensors (resistive type), variable resistors, trimmers, encoders, switches, fixed resistors

Anti-freeze heaters, automotive, game/hobby equipment, AV equipment, musical instruments/audio, housing equipment, home appliances, office equipment/industrial equipment, medical/healthcare