Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Nisshin OilliO Group, Ltd. ( (JP:2602) ) has provided an update.
The Nisshin OilliO Group has announced its Medium-Term Business Plan, Value UpX, which aims to accelerate growth and achieve the goals set in its Vision 2030. The plan focuses on strategic marketing, technological innovation, and globalization, with specific targets for increasing market share in cocoa butter equivalents and cosmetic oils. The company also plans to enhance its operations in North America and improve its return on capital and human resource management. The plan includes performance targets such as increasing ROE and ROIC, and emphasizes shareholder returns with a target dividend payout ratio of 40%.
More about Nisshin OilliO Group, Ltd.
The Nisshin OilliO Group, Ltd. operates in the oils and fats industry, focusing on products such as confectionery fats, cosmetic oils, and functional oils for food processing. The company aims to expand its global market share and enhance its value chain, particularly in the BtoB and BtoC sectors.
YTD Price Performance: -4.05%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €989.6M
See more data about 2602 stock on TipRanks’ Stock Analysis page.