Long-term Vision and Medium-term Management Plan

Long-term vision

Sanwa Global Vision 2030三和グローバルビジョン2030

Sanwa Global Vision
2030

To be a Global Leader
of
Smart Entrance Solutions

Become a corporate group
valued by all stakeholders,
globally providing high-performance
entrance solutions
to meet the changing needs of
society due to climate change
and digitalization, with enhanced
sustainability management
and investing in people.

In fiscal 2022, the Sanwa Group launched the long-term vision Sanwa Global Vision 2030. Under Sanwa Global Vision 2030, we will provide smart entrance solutions that meet the changing requirements of society due to factors that include climate change and digitalization. With improved sustainability management and strengthened human resources, we will take on the challenge of becoming a corporate group highly valued by all stakeholders.
Under the Medium-Term Management Plan 2024, we will work to build the foundation for meeting this challenge.

Image of Global ExpansionImage of Global Expansion

VISION
2030

Mid-Term Management Plan 2024
(2022-2024)

To be a Global Leader
of Smart Entrance Solutions

Positioning

Establish a foundation towards becoming a global leader in high-performance entrance solutions to meet the changing needs of society due to climate change and digitalization.

Basic Strategies

  1. Expand and strengthen core businesses (shutters, doors & service) at Japan, North America and Europe
  2. Strengthen a basis for growth of Asian business
  3. Expand product for disaster prevention and climate change response and enhance smart products and services
  4. Increase productivity through digitalization and manufacturing innovation
  5. Enhance sustainability management

Numerical Target

  • Net Sales

    ¥580 billion
    ¥
    5432109876
    87654321
    098765
    billion

    CAGR +7.3%

  • Operating Income

    ¥45 billion
    ¥
    4321098765
    54321987
    billion

    CAGR +8.2%

  • Operating Income Ratio

    7.8%
    7654321098
    .
    87654321
    %
  • ROE

    13.5%
    1098765432
    32109876
    .
    543298
    %
  • SVA

    ¥19 billion
    ¥
    1098765432
    98765432
    billion
  • ROIC

    17.5%
    1098765432
    76543298
    .
    543298
    %
  • Net Sales

  • Operating Income / Operating Income Ratio

  • ROE

    *Cost of equity: 8% projected

  • SVA (Sanwa Value Added) / ROIC

    *Our unique indicator of added value
    SVA = Net operating profit after tax - Invested capital x WACC (6%)

Principles for Cash Flow Allocation

Investment is the highest priority in order to realize sustainable growth.

Shareholder returns

Payout ratio: target of 40%
Share buybacks are carried out flexibly, taking into consideration of cash position, after the first priority needs of strategic investment.

Dividends Information and Shareholder Benefit Programs

Strategic investment
(capital investment in M&A and growth)

Significantly increased capital expenditures for growth, focusing on strengthening core businesses and developing peripheral businesses.

Capital investment
(investment to maintain existing businesses)

Capital investment required for sustaining our business is at the same level as depreciation in principle.

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