Our Target Portfolio

Nisshinbo Group consolidated net sales, operating margin, and ROE

Directions for the Transformation of Our Business Portfolio

We will optimize the allocation of management resources by identifying businesses that align with our corporate philosophy and demonstrate growth potential, business profitability, and return on capital, in order to promote the transformation of our business portfolio to achieve our "aims for around 2035."

Reconfigurations of our business portfolio to date

Expansion of the Wireless and Communications/Micro Devices businesses
Restructuring of problem businesses, focusing on profitability

Directions for transforming our business portfolio under the current medium-term management plan

RestrOptimize the allocation of management resources to actively invest in focus areas and identify businesses in non-core areasucturing of problem businesses, focusing on profitability
Focus on businesses that are consistent with the Nisshinbo Group's corporate philosophy and demonstrate growth potential, business profitability, return on capital, and industry competitiveness.
Conduct a valuation based on business characteristics and risks by setting WACC/hurdle rates for each business

●Wireless and Communications/Micro Devices business
- ・Establish positioning as a focus area and accelerate growth
- ・Build a business model that leverages digital technology
● Materials business (Automobile Brakes, Precision Instruments, Chemicals, Textiles)
- ・Grow by focusing on high-profit areas that contribute to the environment and have synergies with the Wireless and Communications/Micro Devices businesses
- ・Identify areas for growth and areas for downsizing or withdrawal
●Real Estate business
- ・Continue to subdivide asset holdings