Pursuing Sustainable Growth and Enhanced
Corporate Value Through
the Creation of Valuable Packaging
We would like to extend our sincere gratitude to our shareholders and investors for your continued support.
As the General Packaging Industry (GPI) Rengo, the Rengo Group provides optimal packaging solutions that are essential to logistics both in Japan and overseas, contributing to society by meeting the diverse packaging needs of all industries.
Under our current medium-term vision, Vision120, we are focusing on strengthening the foundation for value creation toward sustainable growth, guided by the slogan "Creating the future through packaging."
In our previous vision, Vision115, we aimed for net sales of 1 trillion yen and ordinary income of 60 billion yen. While we came close to achieving the sales target, profitability fell short, with an ordinary income margin of approximately 4 percent. Building on this experience, Vision120 places greater emphasis on improving profitability and reinforcing the foundation for sustainable growth. In particular, we are accelerating our global expansion through our "hexagon management" framework by expanding our business in high-growth markets such as Europe, China, the United States, and India.
Furthermore, we recognize the reduction of environmental impact from business activities as one of our top management priorities and are actively addressing climate change. Guided by our medium- to long-term environmental targets, such as the Rengo Group Environmental Action 2050 and Eco Challenge 2030, we are working toward the realization of a decarbonized society.
From a financial perspective, under the cash allocation plan outlined in Vision120, we are steadily building a foundation for future value creation. At the same time, we place importance on constructive dialogue with our shareholders and investors, listening carefully to their feedback while maintaining a flexible management approach. We believe that continuity as a company, along with ongoing improvement, is essential for sustainable growth.
Through the initiatives set forth in Vision120, the Rengo Group will continue to fulfill the expectations of all stakeholders by pursuing sustainable growth and enhancing our social value. We sincerely appreciate your continued support of the Rengo Group.
Yosuke Kawamoto
Representative Director, President & COO