On the 14th, Shinko Kogyo <6458> announced an upward revision of the performance target of the company's group medium-term management plan “move.2027,” based on the current business environment, etc.
Consolidated sales for “move.2027” (fiscal year ending 2027/3) were revised upward to 60 billion yen, up 7% from the previous announcement, and consolidated operating profit was revised upward to 10 billion yen, up 16% from the same period.
For the fiscal year ending 2024/3, consolidated operating profit was significantly higher than the previous forecast, mainly due to increased sales and improved profit margins. In the new medium-term management plan “move.2027,” which begins for the fiscal year ending 2025/3, the revised results and current business environment etc. for the fiscal year ending 2024/3 are taken into account, and although the policy policy of “move.2027” has not changed, it was decided to revise target consolidated sales and operating income upward. Note that there are no revisions to other management goals.