SoftBank Technology Corp.
SoftBank Technology Corp. (Headquarters: Shinjuku-ku, Tokyo, President & CEO: Shinichi Ata, hereinafter referred to as SBT) has announced its third medium-term business plan, which covers the period from 2019 to 2021, with the aim of achieving further growth. We would like to inform you that it has been announced.
SBT changed its name to its current trade name in 1999, and on the occasion of the 20th anniversary since its launch, we launched "Vision 2030" to express the values that all employees cherish, the world of 2030, and who we will be in the future. Approximately 130 teams of each age group seriously discussed the significance of the existence of
Starting this April, we will launch our third medium-term management plan with the aim of becoming a "cloud consulting and service company that increases the competitiveness of Japanese companies" under a new management philosophy that incorporates the vision and values obtained through "Vision 2030." It has been formulated.
In response to issues such as a decline in the domestic working population and a shortage of IT human resources, we will widely provide the cloud and security technology and know-how honed through the 1st and 2nd Medium-Term Management Plans as high-value-added services. By doing so, we hope to promote work style reform at domestic companies. Additionally, as a business partner, we will support strategic IT investments for core business growth led by business divisions.
■Third Medium-Term Management Plan
<Positioning and priority themes>
Our group will promote the third medium-term business plan by positioning "evolving into a service provider" and "creating consulting and business IT" as important themes.
(a) Evolution into a service provider
・Focus on system development that leads to services
・Promotion of cloud & security services
・Establish and strengthen partner sales
(b) Consulting & business IT creation
・Promote cloud/DX of existing business
・Co-creation of new businesses using IoT and cutting-edge technology
- Penetration of Scrum development
<Management goals (quantitative goals for fiscal year 2021)>
In our third medium-term business plan, our group has set business IT solutions and corporate IT solutions as our focus businesses, and will work to expand our business and further improve our corporate value.
In the fiscal year ending March 31, 2019, the sales composition ratio of this focus business was 35%, but in addition to increasing the sales composition ratio of the focus business to 50%, we will increase the consolidated operating income to 4.3 billion (CAGR 20% starting from the fiscal year ending March 2019). % growth) as the most important indicator, we will promote initiatives. Additionally, we will continue to manage our business with the goal of achieving a return on equity (ROE) of 13% in the fiscal year ending March 2022.
*For details, please see the explanatory materials for the 3rd Medium-Term Management Plan.
Contact information for inquiries from media regarding this matter
○ SoftBank Technology Corp. Corporate Planning Department Corporate Communication Group
Email: sbt-pr@tech.softbank.co.jp