Sankyo Seiko Co., Ltd.<\/p>\n
On May 16, 2024, an article about our company was published in Senken Shimbun newspaper.<\/p>\n
Sankyo Seiko has formulated a new medium-term management plan, “Challenge Next 100,” with the fiscal year ending March 27 as the final year.<\/p>\n
The basic strategy consists of three points: “Expansion of Global Brand Business,” “Transformation of the OEM (Production by Partner Brands) Business Model,” and “Aggressive Growth Investment.” The consolidated performance targets for the final year are set at sales of 25 billion yen (212 billion yen for the fiscal year ending March 24), operating profit of 2.8 billion yen (2.4 billion yen), and ordinary profit of 3.5 billion yen (3.3 billion yen). The goal for ROE (Return on Equity) is 6.5% (5.1% for the fiscal year ending March 24).<\/p>\n
The new medium-term plan is positioned as the second-phase plan toward the long-term vision “Symbiosis Next 100.” For the expansion of global brand business, the company plans to reconstruct the licensing business of the British brand “DAKS.” The French brand “LEONARD,” acquired in 2022, will explore new customers and enter new markets. Both brands will accelerate the opening of new flagship stores in major cities worldwide. Investment and nurturing of new brands are also planned.<\/p>\n
Regarding the OEM business, the company aims to strengthen efforts in non-apparel initiatives and develop highly unique materials to enhance the value proposition. It will establish production systems for small lots and quick response (QR) in both domestic and Chinese markets. Production capabilities in Southeast Asia and South Asia will also be reinforced. In addition to pursuing global business with new brands and products, the company plans to expand into non-textile fields through M&A (mergers and acquisitions).<\/p>\n
Growth investment is planned on a larger scale than the previous medium-term plan, surpassing approximately 6 billion yen (including around 2 billion yen for M&A and approximately 4 billion yen for real estate). The company aims to continue “aggressive growth investment,” including investment in human capital.<\/p>\n
The company achieved the targets set in the previous period (fiscal year ending March 24). Particularly, it cleared the initial target of 2.5 billion yen for consolidated ordinary profit one year ahead. It also achieved the upwardly revised plan of 3 billion yen in the previous period.<\/p>\n
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