Yurtec (TYO:1934) raised its fiscal 2028 targets under a new medium-term plan, according to a Wednesday filing on the Tokyo Stock Exchange.
Under the revised plan, Yurtec now aims for net sales of 280 billion yen, up from its initial target of 270 billion yen, and operating profit of 20 billion yen, compared with the earlier goal of 13.5 billion yen. The company also raised its return on equity target to 9%, from at least 6% previously.
Yurtec said it has updated its initiatives to promote management focused on capital cost and stock price, reviewing its capital allocation and related policies first announced in October 2024. The revisions reflect feedback received from investors, the company said.
It plans to raise productivity through digital transformation and strengthen its maintenance and renewable energy businesses to achieve the new targets.