Showa Sangyo Sets 2035 Profit Targets and Overhauls Dividend Policy

Showa Sangyo Co., Ltd. ( (JP:2004) ) has provided an announcement.

Showa Sangyo has revised its group management philosophy to emphasize “growing possibilities” from individual grains and people, reflecting a shift toward pursuing the broader potential of grains and long-term societal and environmental value. The company also unveiled a 10-year “SHOWA VISION 2035” targeting ROE of at least 9%, ROIC of at least 8%, and operating profit of ¥20 billion or more by FY2035, framing an ambitious profitability and efficiency roadmap.

To support this vision, Showa Sangyo launched a four-year Medium-Term Management Plan for FY2026–2029 focused on strengthening earnings through higher-value-added products, cost reductions, and expansion into overseas and new business domains, aiming to lift ROE to 8% and operating profit to ¥14 billion by FY2029. In tandem, it revised its dividend policy to prioritize shareholder returns via a payout ratio of 40% or a dividend-on-equity of 3%, whichever is higher, while maintaining stable dividends and balancing investment needs and financial conditions.

The most recent analyst rating on (JP:2004) stock is a Buy with a Yen3702.00 price target. To see the full list of analyst forecasts on Showa Sangyo Co., Ltd. stock, see the JP:2004 Stock Forecast page.

More about Showa Sangyo Co., Ltd.

Showa Sangyo Co., Ltd., listed on the Tokyo Stock Exchange Prime Market, operates in the grain-based food and ingredients sector, producing grain-derived products and related high value-added offerings. The group focuses on leveraging the potential of grains and human capital to support healthy, diverse diets while expanding its business foundation in Japan and overseas.

Average Trading Volume: 158,155

Technical Sentiment Signal: Buy

Current Market Cap: Yen108.7B

Learn more about 2004 stock on TipRanks’ Stock Analysis page.