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Sodick Launches New Growth Plan, Targets 100 Billion Yen in Sales by 2029

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Sodick Co (TYO:6143) launched its medium-term management plan "Grow Forward 2029," targeting net sales of 100 billion yen from 80.5 billion yen in fiscal 2025, according to a Tuesday filing on the Tokyo Stock Exchange.

The Japanese manufacturer is also aiming for operating profit of 10 billion yen by fiscal 2029 from 4.2 billion yen in fiscal 2025 by improving productivity through automation, advanced digital transformation, and strengthening global competitiveness.

The plan includes managing costs, growth investments, capital recycling, enhancing shareholder returns and improving capital market engagement.

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