In the third instalment of the business plan series, gasworld Business Intelligence explores TNSC’s Ortus strategy.
Stage 1
In 2015, Taiyo Nippon Sanso Corporation (TNSC) announced Ortus Stage 1, its medium-term management plan set out to ensure future company growth. This included structural reforms that aimed to strengthen its earnings base in Japan and raise company efficiency.
Ortus Stage 1 initially set out to accomplish sales of ¥600bn ($4.8bn), an operating profit of ¥45bn ($365m), 8% or higher ROCE and a 40% or higher ratio of overseas sales to total sales in the fiscal year ending March 2017.
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