News Releases / 2025
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May 16, 2025
Rengo Formulates New Medium-Term Vision "Vision120"
Rengo Co., Ltd. announces that it has formulated its new medium-term vision, Vision120, covering the five-year period from FY3/2026 to FY3/2030. The key points are outlined below.
Since its founding in 1909, the Rengo Group has continued to manufacture and sell packaging. Today, the Group conducts Hexagon Management, which consists of six core businesses—paperboard, corrugated packaging, folding cartons, flexible packaging, heavy duty packaging, and overseas operations. FY3/2030 will mark the 120th anniversary of its founding.
The newly formulated Vision 120 adopts the slogan "Creating the Future Through Packaging." This slogan serves as a guiding framework for the Group to take a long-term perspective and enhance its corporate value by strengthening the value creation foundation and enhancing the quality of its business operations.Key Financial Indicators and Key Themes for the Final Year of Vision 120
1. Key financial indicators for FY3/2030
(fiscal year ending March 2030) (consolidated basis)
Breakdown of net sales and operating income by segmentNet sales 1,200 billion yen Operating income 70 billion yen billion yen Ordinary income 72 billion yen EBITDA 135 billion yen ROE 8.5% Debt to equity ratio 0.7x Segment Net sales Operating income Paperboard and Packaging-
Related Business*590 billion yen 36 billion yen Flexible Packaging-
Related Business210 billion yen 12 billion yen Heavy Duty Packaging-
Related Business56 billion yen 3 billion yen Overseas Business 300 billion yen 16 billion yen Other Businesses 44 billion yen 3 billion yen * This includes the paperboard, corrugated packaging, and folding cartons businesses under Hexagon Management.
2. Key themes
(1) Addressing MaterialityThe Rengo Group will concentrate management resources on four areas identified as particularly important among ESG-related issues (materiality), aiming to enhance corporate value and contribute to the realization of a sustainable society.
Rengo Group Materiality
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- Creating New Value as a "Packaging Provider"
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- Coexisting with the Global Environment
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- People-Centric Management
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- Strengthening the Management Base for Sustainable Growth
To respond to changes in the business environment, the Rengo Group has identified the "Evolution/Extension of Integrated Systems" and "Evolution/Extension of Global Management" as top priorities for strengthening collaboration within the Group. By leveraging its strengths across the Group to meet diverse and sophisticated needs, the Group will build a structure that maximizes synergies.
For further details, please refer to Vision 120 on our website.
