Medium-term Management Plan

The Central Glass Group has formulated a five-year medium-term management plan that covers the period from fiscal 2014 through fiscal 2018. The Group continues to proactively take on the challenge for further growth around the three key words of (1) environment and energy, (2) life sciences, and (3) comfortable living.

Basic Policy

'Achieve new growth by strengthening our business foundations and original technologies'

Basic Strategies

  1. 1. Achieve revenue growth through aggressive investments in growth businesses
  2. 2. Promote structural reform in existing businesses
  3. 3. Aggressively expand overseas operations and strengthen Group management
  4. 4. Strengthen the research and development structure with a view to ten years in the future

Target sales of growing businesses

In the fields of ‘Environment & Energy,’‘Life
 Sciences’ and ‘Comfortable living’:  FY2013 sales 60 billion yen→FY2018 sales target 160 billion yen

Managerial Goal (FY2018)

Net Sales ¥300 billion
Operating Income ¥20 billion
ROE 8%
Rate of return to shareholders 30% (at least)

Capital Expenditure Plan

Cumulative capital expenditure :¥100 billion (FY2014-2018)

R&D Plan

  • Ratio of cost for R&D to sales in FY2018 3%
  • Focus on production development technology in addition to conventional product and technology development
  • Expand corporate R&D structure ‘Future Fund’*

※The Future Fund is a framework for research and development that will contribute to enlarging our business foundation ten years down the road. It is also designed to help expand new and growing business fields.

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