Long-Term Management Plan

This plan represents the midpoint of our Road to 2050 and serves as the execution plan for the next 10 years, during which we will fully accelerate the transformation of our business portfolio.

Toward 2035, we aim for a state in which the entire NGK Group takes on challenges, earns solid profits from existing businesses, achieves growth in DS, lays the groundwork for the future in CN, and advances "Leap and Transformation."

We position the DS business as the growth driver, aim for net sales on the order of ¥1.3 trillion in FY2035, raise the combined CN and DS ratio to over 60%, and FY2035, further promote portfolio transformation by expanding CN.

To realize the desired state in 2035, we have updated the "5 Transformations" established in 2021. While balancing growth and profitability, we will further accelerate the 5 Transformations, including strengthening our management foundation.

In the DS domain, we position the SPE business and the Electronic Devices business as the growth drivers, and proactively allocate development resources, capital investment, and talent, aiming to expand the business through highly competitive products.
For existing domains, including the automotive ceramics business, we will proceed with maximizing earnings and shift their role toward generating cash to fund capital investment in the DS and CN domains and inputs to development.
In the CN domain, before markets fully mature, we will prepare for social implementation and challenge ourselves to maximize value by solving social issues through a sustainable business model.
In advancing portfolio transformation, appropriately addressing low-profit and unprofitable businesses is essential. Going forward, we will proceed with evaluation based on new criteria.

We will challenge ourselves to achieve sales of New Value products* centered on DS of ¥100 billion in FY2030 and over ¥300 billion in FY2035.