Fujitec : announces New Mid-Term Management Plan “Vision 24”
December 22, 2021 at 01:13 am EST
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Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.
December 22, 2021
To all parties concerned:
Company
Fujitec Co., Ltd.
(Stock Code 6406)
Representative
Takakazu Uchiyama
President and CEO
Contact:
Masashi Tsuchihata
Director, Senior Executive Operating Officer,
General Manager of Finance HQ
(TEL 072-622-8151)
Fujitec announces New Mid-Term Management Plan "Vision 24"
Fujitec (TSE: 6406) today announced that we launch new Mid-Term Management Plan "Vision 24" (FY2022-FY2024).
For details, please refer to the attachment.
Vision 24
Fujitec Medium-Term Management Plan
(FY2022 - 2024)
December 22, 2021
FUJITEC CO., LTD.
Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.
Vision 24 Framework
Strategy and Execution Plans for Each Business
Capital Investment Plans and Policy
ESG Policy
Copyright 2021 Fujitec All Rights reserved
2
Review of Past Financial Results and
Medium-Term Management Plan
Steady progress in retiring treasury stock and strengthening governance as announced in our Strategic Direction
Net Sales and Operating Income
Stagnation due to
Profit improvement
Breakthrough due to
intensified global price
through focus on
competition
profitability
economic growth in
China and earthquake
reconstruction demand
Management Plan
2010-12
2013-15
2016-18
2019-21
2022-24
Copyright 2021 Fujitec All Rights reserved
3
Global Megatrends Impacting
the Business Environment
Developing a long-term strategy that takes into account projections for the rise of Asian economies, environmental regulations, and technological advancements
Politics
Economy
•
Environmental regulations/
• Power shift in the global economy
(growth of China, India, and Indonesia)
emerging carbon tax
• Asian economic growth and shift to
•
Renewable energy
domestic demand
•
Rising economic nationalism
• Trade friction and import/export
restrictions
Society
Technology
•
Advancing urbanization
• Self-driving technology
• Social Innovation through DX
•
AI/machine learning
• Structural changes in the world population
•
Robotics
and diversification of needs
(Rise of Asia and Africa, aging
populations)
Copyright 2021 Fujitec All Rights reserved
4
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Fujitec Co. Ltd. published this content on 22 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 December 2021 06:12:00 UTC.
Fujitec Co Ltd is a Japan-based company mainly engaged in the manufacture, sale, installation and maintenance of elevators, escalators, moving walks and other products. The Company manufactures elevators and escalators in its domestic production sites and overseas production sites, located in North America, East Asia and South Asia. The Company sells, installs and repairs its products in both domestic and overseas sales bases.
FUJITEC CO., LTD. 
