Sales and procurementHong Kong, the U.S., Netherlands, China (Shanghai), Thailand, Myanmar, Mexico
ManufacturingChina (Shenzhen), the U.S. (Georgia), Vietnam (Da Nang)
M＆ASCOVILL (the U.S.), MATEX (Japan), MANEUVERLINE (Japan)
MID-TERM MANAGEMENT PLAN
We formulated the 8th Mid-term Management Plan (FY2022 – FY2026) in order to materialize our corporate vision, Create MORITO’s existence value, Realize “New MORITO Group.”
We will continue our efforts to become a global niche top company that keeps making a big difference in the world with small parts.
Efforts to Become a Global Niche Top Company
MORITO’s Vision
Basic Policy of the 8th Mid-term Management Plan
Financial Targets under the 8th
Mid-term Management Plan
Mid-term Management Plan
Efforts to Become a Global Niche Top Company
Building global network
Enhancing profitability
･ Establishing a global quality assurance system
･ Establishing an in-house logistics center
･ Transitioning to a holding company structure
･ Splitting operating company, MORITO JAPAN
Strengthening management system
･ Diversity and work style reform
･ Personnel strategies, including hiring mid-career workers
MORITO’s Vision
Become a global niche top company
that keeps making a big difference
in the world with small parts
Basic Policy of the 8th Mid-term Management Plan
Use the run-up to FY2026 to pave the way toward accelerating growth in the future
Investment Strategy
Investment Strategy [M&A]
Financial Targets under the 8th Mid-term Management Plan
Aim for consolidated net sales of 60,000 million yen, consolidated operating profit of 3,000 million yen, and an ROE of 6.5% during the FY2022–2026 period
*Financial targets were updated on January 12, 2024.
Shareholder Returns
We regard returning profits to shareholders as one of our most important management goals and determine the dividend amounts based on the following policy.
Realize stable
and continuous
dividend payments
Dividend payout
ratio of 50% or more
in relation to profit attributable
to owners of parent is the standard
Standard of a
dividend on equity (DOE)
ratio of 4.0%
(on a consolidated basis)
Continue to consider buying back shares whenever necessary and canceling them appropriately
*In a fiscal year with a significant fluctuation in after-tax profit attributable to owners of parent due to special factors such as extraordinary income or losses, the dividend amount will be determined in consideration of the corresponding impact.
For more information about the mid-term management plan, see:
8th Mid-term Management Plan Update (January 12, 2024) 8th Mid-term Management Plan: Supplementary Edition (January 13, 2023)