We established a mid-term management plan “NEXT-2020 Final” of which implementation period is 3 years from fiscal 2019 to fiscal 2021. We are now finalizing the “1 trillion yen corporate vision,” which we have been promoting since fiscal 2010.
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“NEXT-2020 Final” (FY2019-2021) (4,978KB)
This mid-term management plan “NEXT-2020 Final” is positioned as a period to complete the “1 trillion yen corporate vision for 2020”. We are planning to realize it in fiscal 2021 due to the influence from the transfer of coal chemical business for the structural reform of the chemical-related business.



The basic concept of this mid-term management plan is “Reform = Execution of innovations”.
We will implement basic policies to promote “innovation” of business models with a view to environmental changes and implement management measures linked to them. And we will build a strong company that can achieve 1 trillion yen in sales and achieve sustainable growth beyond 2022.

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*Net income = Profit attributable to owners of parent
*Assumed exchange rate: 113 yen to the dollar
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We distribute of stable dividends appropriate to business results long into the future, aiming for 30% payout ratio.
The three-year investment is planned to be 240 billion yen, including M & A and capital investment. Under this mid-term business plan, we will continue to invest aggressively with the aim of improving business growth and profitability, launching a power generation business and further strengthening overseas expansion.
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The Air Water Group utilizes the earth's resources, such as air and water, and provides valuable products and services that are essential to our lives and industries in a stable and sustainable way. We also believe that we can contribute to solving various social issues through our business activities by taking advantage that we are a complex of a wide range of businesses.
In this mid-term management plan, we have set 4 areas - “Security, safety and disaster prevention,” “Healthcare,” “Clean energy” and “Water and environment” – where our group can particularly contribute to solving social issues.
In addition, our group released a brand statement “Meeting society’s needs with nature’s blessings” in 2018. Currently, each and every employee has been fostering a culture where they look at and listen to the society and challenge to solve various social issues resolutely. We will strive harder to create new values to continue playing an essential role that is trusted by the society.