Medium-Term Management Plan
We would like to provide an overview of our latest Medium-term management plan 2028.
Latest Medium-Term Management Plan
- Announced May 8, 2026
You can view the summary of the past six Medium-term management plans.
Past Medium-Term Management Plan PDF
- Announced May 9, 2023
- Announced May 9, 2021
- Announced May 9, 2017
- Announced on June 27, 2014 *
- Announced May 10, 2011
- * Partially revised as of July 14, 2014
Medium-term management plan「Innovation Plan2024 "Design the Future Life"」Summary
Summary
- Sales increased for the sixth consecutive year. The number of customers will increase by more than 100,000 from the end of fiscal 2021 to 3.3 million
- Excluding the equity method investment loss in Vietnam, etc., capital efficiency maintains a level that meets the expectations of the stock market
- Energy, CATV, and Aqua recorded higher profits due to an increase in the number of customers, and corporate information and communications also performed well
- The main reason for the decline in energy profit is the impact of soaring gas purchase costs (partially due to price pass-through, prioritizing competitiveness)
- Although the number of customers acquired in personal information and communications greatly exceeded the previous fiscal year, acquisition costs increased
Medium-term management plan「Innovation Plan2020 "JUMP"」Summary
Summary
The Innovation Plan 2020 "JUMP" has set challenging goals to give momentum to further growth. We have achieved the plan announced in May 2020, focusing on profits, and believe that we have made steady progress.
Performance of major management indicators
| Values announced in May 2020 | Result | |
|---|---|---|
| Sales (billion yen) | 205.3 | 197 |
| Operating profit (billion yen) | 15.0 | 15.2（↑） |
| Ordinary profit (billion yen) | 14.9 | 15.3（↑） |
| Net income (billion yen) | 8.5 | 8.8（↑） |
| Earnings per share (yen / share) |
64.6 | 67.3（↑） |
| Year-end customer numbers (million) | 3.1 | 3.10 |
Medium-term management plan「Innovation Plan2016 "Growing"」Summary
Theme
- Continue to increase sales by accumulating the number of customers and recover profitability
- Continue to improve our financial position and raise management stability
- Reward shareholders with a continuous and stable return policy
Performance of major management indicators
| 2011/3 Result | 2014/3 Result | 2015/3 Result | 2016/3 Result | 2017/3 Result | |
|---|---|---|---|---|---|
| Number of customers (thousands) | 2,340 | 2,520 | 2,537 | 2,558 | 2,564 |
| Sales (billion yen) | 174.9 | 189 | 187.5 | 180.9 | 178.6 |
| Operating income (billion yen) | 10.8 | 7.4 | 9 | 8.2 | 12.8 |
| Earnings per share (yen / share) |
30.48 | 22.67 | 34.16 | 30.01 | 64.46 |
| EBITDA (billion yen) | 26.3 | 24.9 | 26.2 | 25 | 28.4 |
| Interest-bearing debt (billion yen) | 124 | 85.8 | 73.1 | 71.4 | 54.1 |
| Capital adequacy ratio (%) | 7.7 | 21.6 | 25.7 | 25.6 | 34.5 |
Main initiatives of major businesses
- LP gas business
Information sharing of retail business (gas, aqua, information, security, remodeling, insurance) is used to acquire new customers.
Expand the customer base centering on highly profitable detached houses.
- City gas business
Actively develop fuel cells (ENE-FARM) for household demand.
Promote a cogeneration system for industrial demand. Also for steam, hot water, and power supply.
- Aqua business
Expand customer target by launching new product "Sarari".
Expand sales through sales channels centered on large commercial facilities with high ability to attract customers.
- Broadband business
Efficiently acquire customers by concentrating sales teams on stores with high acquisition efficiency in the sales channels of 230 major consumer electronics mass retailers nationwide.
- CATV business
Expand new broadcasting customers with a collective bulk broadcasting basic free plan + additional services.
Expanded telecommunications customers by leveraging alliances with mobile phone carriers (smartphone discount).
Furthermore, it has penetrated the region by improving service value such as 4K / 8K, broadcasting light, and regional wireless services.
Medium-term management plan「Innovation Plan2013」Summary
Theme
- The holdings system started with the highest priority on improving the financial position
Our mission as a company responsible for social infrastructure is stable management with sound finances.
Summary
- The financial condition has improved significantly. Expansion of shareholders' equity due to an increase in the number of individual shareholders.
- Although the number of customers increased, profits were squeezed due to increased costs due to competition for acquisition. Structural challenges.
Performance of major management indicators
| FYE March 2011 | FYE March 2014 | Progress | |
|---|---|---|---|
| Capital adequacy ratio (%) | 7.7 | 21.6 | ◎ (13.9% Increase) |
| Interest-bearing debt balance (billion yen) | 124.0 | 858 | ◎(38.2bn Decrease) |
| Number of shareholders (people) | 8,132 | 44,590 | ◎ (36,458 people Increase) |
| Number of customers (million) | 2.34 | 2.52 | ◎ (180 thousad Increase) |
| Sales (billion yen) | 174.9 | 189.0 | 〇 (14.1bn Increase) |
| Operating income (billion yen) | 10.8 | 7.4 | × |