Management Policy

Goals for FY2030

  • We announced our basic approach of “Co-creating and sharing value” and set 3 new key strategies
  • We set new Group management targets. The net sales target is for organic growth, with a separate target for revenue from our federation initiatives

Aiming to become Asia’s No.1 drugstore
and establish a leading position in the health and beauty fields

Notes

  • * Net sales targets: Previous target included revenue from federation initiatives;
    this time targets are presented separately (organic growth + federation initiatives)
  • * EBITDA = Operating profit + Depreciation and Amortization of goodwill
  • * EBITDA margin (%) = EBITDA ÷ Net sales

3 Key Strategies

  • We are pursuing 3 key strategies to achieve our Group management targets for FY2030
  • In line with our basic approach of “Co-creating and sharing value,” we are aiming to enhance corporate value through a virtuous cycle of earning profits and providing returns to stakeholders

Basic Approach
"Co-creating and Sharing Value"

Approach to Cash Allocation (FY2025–FY2030)

  • We will allocate operating cash flows, excluding retained cash, as follows:
    45% for investment in growth, 45% for shareholder returns, and 10% for enhancing our financial base
  • For large-scale federation initiatives, we will also consider the possibility of using debt

Related materials

This page is a translation of the original Japanese page for reference purposes only.
In the event of any discrepancy between this page and the Japanese original, the original shall prevail.