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An announcement from Tokyotokeiba Co., Ltd. ( (JP:9672) ) is now available.
TOKYOTOKEIBA has unveiled a five-year medium-term management plan, “Future-Oriented Space Creation Project: the 1st Furlong – Medium-Term Management Plan 2030,” covering fiscal years 2026–2030 as the first phase toward its 2035 long-term vision. The plan centers on upgrading Oi Horse Racing as a model for public competitions through a new training center, SPAT4 system enhancements, and new fan information services, while simultaneously developing a world-class urban “entertainment racecourse” and an attractive bay-area landmark community around the Oi Racecourse. Financially, the company targets FY2030 net sales of at least ¥48 billion and operating profit of at least ¥19 billion, implying roughly 3% and 5% average annual growth, alongside a five-year average ROE of 10% or higher, controlled leverage, and a standard dividend payout ratio of 35%. Backed by an expected ¥90 billion in operating cash flow, TOKYOTOKEIBA plans approximately ¥75 billion of strategic investment focused on entertainment-racecourse and racing-related projects, while maintaining financial discipline and enhancing shareholder returns. The company is also rolling out a new personnel system and organizational structure to strengthen human capital, and advancing ESG initiatives under the themes of PLACE, PLANET, and PEOPLE, aiming to balance sustainable societal contributions with the group’s growth.
The most recent analyst rating on (JP:9672) stock is a Buy with a Yen6334.00 price target. To see the full list of analyst forecasts on Tokyotokeiba Co., Ltd. stock, see the JP:9672 Stock Forecast page.
More about Tokyotokeiba Co., Ltd.
TOKYOTOKEIBA Co., Ltd., listed on the TSE Prime Market, operates Oi Horse Racing and related facilities, positioning itself as a “space creator” that develops community- and entertainment-oriented venues. Leveraging its core horse-racing business and real estate assets around Tokyo’s Oi area, the group focuses on building an urban entertainment hub and tourism-oriented landmark district that can attract a broad range of visitors.
Average Trading Volume: 68,895
Technical Sentiment Signal: Buy
Current Market Cap: Yen164.7B
For an in-depth examination of 9672 stock, go to TipRanks’ Overview page.