SankyoTateyama (TYO:5932) plans to overhaul its revenue structure to improve profitability in the medium to long term, according to a filing on the Tokyo Stock Exchange dated Thursday.

The reforms include cutting indirect costs, streamlining the company's operations, restructuring its construction materials business, optimizing its extrusion manufacturing, and overhauling its European subsidiaries.

With these initiatives, the company aims to lift operating profit to 7 billion yen and return to a positive return on equity (ROE) by the fiscal year ending 2027, and to increase operating profit to 11 billion yen and ROE to at least 6% by the fiscal year ending 2030.