Terumo Corp (TSE:4543)
円 3116 -44 (-1.39%) Market Cap: 4.62 Tn Enterprise Value: 4.63 Tn PE Ratio: 38.75 PB Ratio: 3.49 GF Score: 94/100

Terumo Corp New Growth Strategy Briefing Transcript

Dec 16, 2021 / NTS GMT
Release Date Price: 円2411 (+3.74%)
Shinjiro Sato
Terumo Corporation - President, CEO & Director

[Interpreted] Hello, everybody. This is the CEO, Sato. Thank you so much for being here today as we announce the Terumo 5-year growth strategy. We also express our gratitude to all of you who are participating remotely. This 5-year growth strategy is also called Growth Strategy '26, so we will call it GS26 for short throughout today's remarks. I will first give the big picture regarding GS26. GS26 is a 5-year growth strategy that also looks beyond the next 10 years. This was the 100th year since the founding of Terumo. So the content of our plan is meant to literally be a strategic turning point toward the next 100 years.

First, I will share our midterm vision and then explain what is in our 5-year growth strategy. Before doing that, let's take a look back at the current mid- to long-term growth strategy. While we still need to see the final results of the second half of this fiscal year, the current outlook is that we will miss on growth and profitability while achieving on ROE.

Overall, our business fundamentals were on the

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