（執筆：フィスコ客員アナリスト 水田雅展）■Nippon Hume's Growth Strategy ＜5262＞
5. Our point of view
Since the construction-related industry, which includes secondary concrete products, is conscious of market maturity and order competition, it is thought that investors' expectations for growth are not that great. However, in the company's medium-term management plan “23-27 Plan R,” the high-value-added precast product business is positioned as a new growth driver, and it can be seen that they are motivated to develop new businesses that are conscious of sustainability management, such as the development and commercialization of the low-carbon high-performance concrete “e-Con (R).” Consolidated financial results for the fiscal year ending 2025/3 are expected to achieve target values for the fiscal year ending 2026/3 ahead of schedule due to steady execution of the priority strategies set out in the medium-term management plan, and we evaluate that there is a possibility that we have entered a new stage of growth. It also appreciates the fact that shareholder returns have been further strengthened. The medium-term management plan is progressing smoothly, and I would like to keep an eye on the progress of future growth strategies.
(Author: FISCO Visiting Analyst Masashi Mizuta Exhibition)
