Revision of the Management Targets for the Plan (May 2019)
Daifuku has revised its management targets (consolidated net sales and operating margin) for the fiscal year ending March 2021, the final year of Value Innovation 2020, its four-year business plan, which was announced on February 10, 2017, as a result of a review taking into account the recent business environment.
Management targets for the final year of the plan ending March 2021
As capital investment in the semiconductor sector, which tends to follow a boom-and-bust cycle of four-to-five-year periods, is expected to remain robust, underpinned by factors including the progress of 5G mobile telecommunications, Daifuku has revised its sales target.
In terms of operating margin, Daifuku has set a new target, as profitability is expected to be boosted by factors that include an effective method of “structural innovation” to cut costs in systems for manufacturers and distributors outside of Japan in addition to the benefits from increased sales and improved costs in systems for semiconductor and flat-panel display factories.
|Consolidated net sales||420 billion yen||500 billion yen|
See details in the following new release announced on May 10, 2019.
Outline of "Value Innovation 2020"
Daifuku’s logistics systems are a vital part of the infrastructure in the distribution revolution where companies provide through e-commerce, products that meet the needs of consumers, highlighting the change from “Business to Consumer” (B2C) to “Consumer to Business” (C2B). In addition, business becomes a success or failure depending on how a company adapts to the digital revolution, such as IoT (Internet of Things) technologies. In the plan, addressing this point, Daifuku will provide the best solutions to customers, continuing sustainable healthy growth.
For more details on the medium-term business plan, please refer to the separate material.