Shikibo Revises TG25-27 Plan After Unitika Textile Deal and Plant Delays

Shikibo Ltd. ( (JP:3109) ) has shared an announcement.

Shikibo has revised the numerical targets of its medium-term management plan “TG25-27” through fiscal 2027, mainly to reflect the transfer of apparel fiber businesses from several Unitika Group entities and the share transfer of PT. Unitika Trading Indonesia scheduled for December 2025. While the company will incorporate profit and loss impacts from these textile business transfers and slower-than-planned ramp-up at a new functional materials plant, it is keeping its overall management policies and segment strategies unchanged.

The updated plan lifts consolidated net sales targets significantly versus the initial plan, but trims operating profit and ordinary profit goals for fiscal 2027 and beyond, suggesting growth will be more top-line driven than previously forecast. Shikibo also updated segment-level targets, projecting higher revenue from textiles and functional materials, while maintaining stable contributions from industrial materials and real estate, and it aims to gradually improve its financial soundness by reducing interest-bearing debt and raising its equity ratio by fiscal 2027.

More about Shikibo Ltd.

Shikibo Ltd. is a Japan-based company listed on the Tokyo Stock Exchange Prime Market that operates across textile, industrial materials, functional materials, and real estate and services businesses. Its core operations include apparel and textile-related products, industrial and functional materials such as food and chemical-related items, and property and service activities, giving it a diversified earnings base tied to both consumer and industrial demand.

Average Trading Volume: 54,405

Technical Sentiment Signal: Buy

Current Market Cap: Yen12.9B

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