Business Strategies

Iwaki established the Iwaki Group 10-year Vision with the goals of making the Iwaki Group the global leader in its industry and increasing net sales to 40 billion yen in the fiscal year ending in March 2025.
Activities for achieving the Iwaki Group 10-year Vision are divided into three phases of three years: planting seeds, business development and growth, and reaping benefits

Overview of the Iwaki Group 10-Year Vision

Numerical targets (Excerpt from FY3/24 financial results presentation materials, released on December 6, 2023)

The goals for the fiscal year ending in March 2025
are sales of¥40 billion(¥20 billion each in Japan and overseas)and an operating margin of10％

Iwaki established the Iwaki Group 10-year Vision with the goals of making the Iwaki Group the global leader in its industry and increasing net sales to 40 billion yen in the fiscal year ending in March 2025.

Qualitative targets

To supply the world’s best products as All Iwaki
-We will work together to supply the world’s best products, quality, value, and services-

“Change & Challenge” is our stance for accomplishing this goal
-We will firmly establish a corporate culture of never being afraid of change and new challenges-

Established key themes for the reaping benefits phase along with key themes for the business development and growth phase with the goal of building a powerful base for accomplishing the 10-year vision numerical targets

Key themes for continuing progress from the business development and growth phase

1) Rebuild the manufacturing system
2) Eliminate product defects and other problems
3) Drastic review of personnel systems
4) Renovate core IT systems
5) A commitment to CSR (sustainability activities)

Key goals of the reaping benefits phase

1) Maximize group synergies with the newly consolidated China Group
2) Realignment of market for growth
3) Repositioning of the solutions business
4) The next long-term vision centered on the theme of sustainability