TPR Co., Ltd. (JP:6463) has released an update.
TPR Co., Ltd. has launched a new Medium-Term Management Plan for 2024-2026 to adapt to the revolutionary changes in the automotive industry, including the shift to electric vehicles (EVs) and new technologies. The company seeks to maximize profits in its traditional Powertrain Business and expand its Frontier Business, aiming to achieve sustainable growth and enhance corporate value. They target an increase in sales to 210 billion yen and aim to raise their ordinary profit margin to 10.5%, with a commitment to a higher dividend payout ratio and share repurchases.
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