Management Policies（Medium-Term Management Plan TCTRX）
Basic Management Policy
Our corporate group, by implementing measures for enhancing competition in the global market as well as strategies for growth, will strive to enhance our earning capacity and financial standing. In doing so we will aim to achieve a high corporate value that will allow us to make further contributions to society in the 21st century as well, mainly by providing products and services that value the perspective of the customer.
Our medium- to long-term vision: Supporting global safety and security by pursuing Total Cable Technology
On a daily basis, the Tokyo Rope Group continues to press ahead with its medium- to long-term vision of supporting global safety and security by pursuing Total Cable Technology. Total Cable Technology is a phrase that expresses the unique strengths of Tokyo Rope Mfg.Co., Ltd., which are: (1) A lineup of cable manufacturing products made from a wide range of advanced materials such as ultra-high-strength steel, high-function fiber, and carbon fiber; (2) various types of cable processing technology suitable for the field of use; (3) combiningsolutions such as soundness diagnostics and engineering; and (4) providing breakthrough products and services to the global market. We will continue to grow as one of the world's leading companies by taking full advantage of these unique strengths, even in today's global era.
New Medium-Term Management Plan TCTRX
The Tokyo Rope Group has formulated a new medium-term management plan called TCTRX to serve as a guideline for business operations from the fiscal year ending March 31, 2025 to the fiscal year ending March 31, 2027.
In the TCTRX, we will continue to uphold our medium- to long-term vision of supporting global safety and security by pursuing Total Cable Technology based on our corporate philosophy of “coexistence and co-prosperity.”
We will also continue to build a growth foundation in view of this medium- to long-term vision. We will promote priority focus businesses that have the potential to become future business pillars,
and by sustaining and improving earnings in existing businesses, we will strike a balance between further strengthening our financial base and expanding shareholder returns.
We will also aim to contribute to solving the social issues outlined in the SDGs.
The TCTRX combines the Group’s unique strength of Total Cable Technology (TCT) with the transformation targeted in the previous medium-term management plan, which was called TRX135 (Tokyo Rope Trans(X-)formation at 135th).
It seeks to connect everything through technology to support global safety and security in order to ensure prosperity together with all our stakeholders, thereby contributing to society and enhancing corporate value.
In terms of initiatives, over the three-year duration of the TCTRX,
we will endeavor to maintain the business foundations and strengthen the profitability that we regained during the previous medium-term management plan and set our sights on achieving, by 2030,
a capacity for stronger earnings and a robust financial structure with which we can realize the ideals of the SDGs. Furthermore, in order to maintain our business foundations and bolster earnings,
our basic policy will be to (1) step up the allocation of management resources to priority focus businesses,
(2) strengthen the competitiveness of existing businesses, and (3) build a company that is attractive to all stakeholders. By taking these measures, we will aim to generate growth and enhance corporate value.
For details, please see the following link
Tokyo Rope Group announces new medium-term management plan TCTRX
Detailed information is provided in the May 15, 2024 briefing materials.
