The original disclosure in Japanese was released on May. 9, 2017 at 16:00 (GMT+9).

May.9, 2017

Takara Holdings Inc.


Takara Holdings Prepares TaKaRa Group Medium-Term Management Plan FY2020

Takara Holdings Inc. (president: Toshio Kakimoto) prepared the Takara Group Medium-Term Management Plan FY2020 (hereinafter, “the Plan”), a medium-term management plan covering three years through fiscal 2020, the year ending March 31, 2020. In April 2011, we commenced the Takara Group Vision 2020* (hereinafter, “the long-term vision”), a 10-year long-term management vision for which we are taking concrete measures through medium-term management plans every three years. The Plan is the last step towards achieving the long-term vision, and is a plan to reach the operating income target of the long-term vision in the final year of the Plan—one year ahead of schedule.


Concerning the business environment surrounding the Takara Group, the domestic alcoholic beverages market is contracting due to population aging and population decrease, while diversification in consumption patterns is intensifying competition between manufacturers. An uncertain outlook for the world economy also presents risks related to exchange rates and rising prices for oil and other resources. Factors such as these suggest the Group will face even stronger headwinds going forward. On the upside, the domestic economy continues to make a gradual recovery and inbound demand arising from an increasing number of foreign tourists is expected to have a dramatic and positive economic impact as we move towards the 2020 Tokyo Olympics and Paralympics. Moreover, market growth is predicted for industries peripheral to regenerative medicine and cell therapy. In overseas markets, Japanese food continues to grow in popularity as a result of a growing number of health enthusiasts around the world and developments such as the registration of washoku as a UNESCO Intangible Cultural Heritage. With further market growth expected, we foresee many growth opportunities for the Group going forward.


The basic policy of the Plan calls for building up a great number of fields in which we can beat competitors and establish a balanced business foundation able to grow revenues significantly no matter what environmental changes occur by further increasing the overseas sales ratio together with having a full product line-up and many products with a competitive edge both in Japan and overseas. Tangible goals for fiscal 2020 are consolidated net sales of ¥290 billion or above, operating income of ¥15.5 billion or above, and an overseas sales ratio of 33% or above.


* For further information, please see this page (Medium-Term Management Plan).