Basic Policy for TOCALO2030

We will carry forward the vision of our previous medium-term management plan, “Contributing to a bright future for people and nature,” while establishing a new mission under “TOCALO2030”: “To continue being a company trusted by all stakeholders.”

Basic Policy for TOCALO2030. Vision: Contributing to a bright future for people and nature. Mission: To continue being a company trusted by all stakeholders. Six elements for deepening trust: Human Resources, Safety, Technology, Environment and Social Contribution, Manufacturing and Quality, and Good Service.

Management Targets

Under our medium-term management plan, TOCALO 2030, we aim to achieve net sales of 90 billion yen and ordinary profit of 20 billion yen.

Management Targets. FY2030 targets: net sales of 90.0 billion yen (semiconductor and FPD field 45.0 billion yen, general industrial field 26.0 billion yen, subsidiaries 19.0 billion yen), ordinary profit 20.0 billion yen, ordinary profit ratio 22%, ROE 15%, ROIC 13%, dividend payout ratio approximately 50%, DOE 5% or more.
Growth image (waterfall chart). Building on current net sales of 58.4 billion yen with growth in the semiconductor and FPD field of +20.2 billion yen, the general industrial field of +7.5 billion yen, and subsidiaries of +3.9 billion yen, the 5-year plan targets net sales of 90.0 billion yen and ordinary profit of 20.0 billion yen.

Growth Strategy: 3 Pillars

Three pillars toward achieving consolidated net sales of 90.0 billion yen. Strategic Pillar 1: Deepening core businesses. Strategic Pillar 2: Expanding strategic business domains. Strategic Pillar 3: Strengthening the management foundation that supports sustainable growth.

Strategic Pillar 1. Deepening Core Businesses

We aim to maintain a high-profit structure with our core businesses in the semiconductor and FPD field and the general industry field as our primary engines for growth.

Strategic Pillar 1: Deepening Core Businesses. Leap forward in the semiconductor and FPD field, strengthen the foundation in the general industrial field, and maintain a high-profit structure.

Strategic Pillar 2. Expanding Strategic Business Domains

We will focus on accelerating growth through the expansion of new technologies and domains, creating group synergies, and expanding into global markets.

Strategic Pillar 2: Expanding Strategic Business Domains. Expand new technologies and new domains and create group synergies; expand into global markets including the US, Southeast Asia, and India.

Strategic Pillar 3. Strengthening the Management Foundation that Supports Sustainable Growth

We will strengthen the management foundation by enhancing manufacturing and quality control, while promoting sustainability and human capital management.

Strategic Pillar 3: Strengthening the Management Foundation that Supports Sustainable Growth. Manufacturing and quality control, sustainability (ESG management), and human capital management.

Technology Development Strategy (Toward 2030)

While further deepening Thermal Spray technology, our strength, we will expand into innovative technologies such as thin films and lasers.

Technology Development Strategy. Deepening core technologies (current/evolution) and creating innovative technologies (future/innovation) across the semiconductor and FPD, environment and energy, and industrial machinery and iron and steel fields.

Toward Carbon Neutrality

Toward achieving carbon neutrality by 2040, we will promote initiatives such as further reducing GHG emissions and introducing energy-saving,
energy-creating, and resource-saving equipment.

Toward Carbon Neutrality. GHG reduction targets under the TOCALO2025 and TOCALO2030 medium-term management plans, and main initiatives toward carbon neutrality by 2040: measuring and reducing GHG emissions, introducing energy-saving, energy-creating, and resource-saving equipment, reducing waste and promoting recycling, and environmentally conscious initiatives throughout the supply chain.

Cash Allocation and Growth Investments

To achieve consolidated net sales of ¥90.0 billion, we will execute aggressive growth investments in the semiconductor and FPD,
general industrial, and overseas fields.

Quick facts about TOCALO

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