Medium-Term Management Plan
Our desired future
Global Power Solution Partner
Continuing to be a partner that listens to customers and meets their expectations in the provision of solutions.
We provide power semiconductor technologies and high-efficiency power conversion technologies aiming to establish a sustainable society. Next-generation power semiconductors from the Sansha Electric Manufacturing Group enable the efficient use of power from renewable energy sources while minimizing energy loss. Further, we adopt environmentally friendly designs for our power supplies with high conversion efficiency to reduce energy consumption. In addition to innovating technologies, we are proactively contributing to local communities and participating in environmental protection activities. In our efforts to improve people’s lives, we are creating a sustainable, prosperous future through these initiatives.
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Technology
We will have world-leading technologies related to power electronics, which have been our strength since our founding. -
Global
Taking a global perspective, we will operate our business on a wholly global scale. -
Solution
Capitalizing on power electronics technologies, we will thoroughly identify customers’ problems and resolve them. -
Trust
We will earn the unrivaled trust of society for our quality and sincerity.
Slogan
We announced CF26, our new medium-term management plan with the slogan: Create the Future. This slogan is derived from our purpose: Moving society forward with power electronics and creativity. The plan advances our intent to move society forward using our creativity and also includes our vision for the future. In this medium-term management plan, we focus on strategies and our vision for building a better future.
Basic policy
The period of the CF26 medium term management plan (2024 to 2026) is positioned as three years of managerial reforms to become the Global Power Solution Partner to achieve a return on equity (ROE) of 10% or higher. We aim to achieve the growth of our business and the improvement of profitability through strategic investments and investments in intangible assets. Specifically, we will provide solutions which will contribute to energy conservation and the stable supply of power and enhance customers’ added value through thedevelopment of products which will contribute to carbon neutrality and the development of highperformance devices. In addition, we will implement a sustainability strategy by reducing our environmental impact and enhancing our business continuity management and fully leverage our invested capital aiming to achieve a return on equity (ROE) that exceeds the cost of shareholders’ equity in our efforts to improve profitability and invested capital turnover. Further, we will also push forward with the enhancement of shareholder returns and the strengthening of corporate governance.
Numerical targets
In FY2024, net sales are expected to decrease from FY2023 to 28.8 billion yen. This will be a temporary decline. Major factors in this decrease are the absence of plans for a major project that was implemented to meet special demand which existed in FY2023 and upfront expenditures for strategic investments and investments in intangible assets. However, net sales are forecast to recover to 31.0 billion yen in FY2025 and grow to 33.0 billion yen in FY2026. Thus, we aim to return to a stable growth track.
Management material issues
The Sansha Electric Manufacturing Group has been contributing to the establishment of a sustainable society through its businesses. In our CF26 medium-term management plan, we identified seven important elements by evaluating stakeholders’ interests and degree of impact. These elements have been integrated into our business strategy. We will formulate specific measures and address issues, enabling us to not only pursue growth and profit but also help achieve the SDGs. We use our technologies and innovations to address social issues and contribute to the establishment of a sustainable society.
Key Priority Measures
Power supply business
Priority measures 01
Developing products in the new energy sector and increasing our share of the market for global power supplies for surface treatment
Developing power conditioners for storage batteries, we sustainably offer products that enable efficient energy management, thereby enhancing our market competitiveness.
- Accelerated development of models for overseas markets
- Demonstrate the technical skills we have developed in areas where precision surface treatment is required.
Priority measures 02
Standardization
Improve QCD and increase customer satisfaction by standardising the design, manufacturing and parts of custom products
Priority measures 03
Collaborating with capital and business alliance partners
- We will promote joint development projects with capital and business alliance partners to support the shift to sustainable energy and smart social infrastructure.
- We will provide one-stop energy management solutions, from system design to construction, to aid customers in their decarbonization efforts.
Priority measures 04
Developing new markets using small power supplies
Power semiconductor business
Priority measures 01
Aim for a balanced industry strategy by focusing on new infrastructure markets in addition to traditional construction-related and industrial equipment.
Priority measures 02
Enhancing SiC products and implementing regional strategies
