Daio Paper has been formulating three-year medium-term business plans since fiscal year 2012.

The Fourth Medium-Term Business Plan

Financial Targets

(Billions of Yen) 1st MTBP(FY2014) 2nd MTBP(FY2017) 3rd MTBP(FY2020) 4th MTBP(FY2023) The Image of
5th MTBP(FY2026)
Net sales 450.2 531.3 562.9 720.0 800.0 – 1,000.0
Operating income (Operating margin) 21.8(4.8%) 11.1(2.1%) 36.9(6.6%) 51.0 (7.1%) 80.0-100.0 (10%)
H&PC overseas business net sales ratio 4.9% 7.7% 11.1% 18.8% 30% or greater
ROE 10.0% 2.2% 10.1% 10.0% or greater 12% or greater
Net debt to equity ratio 1.9 1.6 1.3 1.0 1.0 or less
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