NIRECO Group Announces NIRECO-VISION 100 and New Mid-Term Management Plan
2026-10-14
On May 15, 2026, NIRECO Corporation unveiled its growth project NIRECO-VISION 100, and on September 29, 2026 it announced a new five-year mid-term management plan (fiscal years ending March 2027 to March 2031) based on this vision.
NIRECO-VISION 100
NIRECO-VISION 100 sets out where the group aims to be in 2031, the 100th anniversary of the founding of its predecessor, Askania (1931). The goal is to be a company that helps people and production sites solve their challenges by measuring, discovering and adjusting.
Key targets of the new mid-term plan (FY ending March 2031, consolidated)
- Net sales: JPY 17.0 billion (FY ended March 2026 actual: JPY 11.02 billion)
- Operating profit: JPY 3.3 billion (FY ended March 2026 actual: JPY 1.70 billion)
Business direction
- Control equipment: two core fields, steel and non-ferrous metals, and functional films and flexible packaging, with stronger overseas expansion and support for high-performance materials
- Inspection equipment: focus on areas of strength such as AI applications, electrode inspection, sorting and food, high-performance materials and radiation measurement
- Optics: capture demand in semiconductors and other advanced fields as a key growth driver, with expanded production capacity
In line with NIRECO-VISION 100, NIRECO KOREA will continue to work closely with customers on site in Korea to identify and solve their challenges together.
Source: NIRECO Corporation announcement (Sep. 29, 2026, Japanese)
