Mid- and long-term Business Plans

Medium-term Management Plan, Beyond 110
Short-term business plans that contribute to society
(Majorly improve our existing competencies)
Mid- and long-term business plans that contribute to society
(Develop new product and technologies)

Medium-term Management Plan, Beyond 110

Amidst a rapidly changing market environment, Torishima has established Beyond 110, a management plan that looks ahead to the medium to long term based on the solid foundation it has built over its long history.
With FY2021 as the first year of our plan, we will steadily implement each of the measures listed here, aiming to become a company that is indispensable to society, while balancing social contribution and business growth toward achieving carbon neutrality by 2050.

Financial Targets(announced in May 2023)

We are proud to announce that the initial targets set forth in FY2021 to achieve sales of more than 60 billion yen, operating income of more than 5 billion yen, and ordinary income of more than 5.6 billion yen for FY2029, the 110th anniversary of the company's founding, have already been achieved as of FY2022.
While this is partly due to the success of various initiatives taken in recent years to strengthen our earnings structure, unanticipated large projects overseas also contributed to these results.
To this end, we have revised the plan on a standard basis excluding large projects and have set new management targets.
Specifically, while continuing to promote Short-term business plans that contribute to society (Majorly enhance our existing competencies) and Mid- and long-term business plans that contribute to society (Develop new product and technologies) as set out in the plan, we aim to achieve a sales CAGR* of 6.0%, operating income of more than 9.0%, and ROE of more than 9.0% as we progress toward FY2029.

Sales

	FY2019 to 2022 Results	Target for FY2029
Growth (Sales CAGR*)	11.6% (5.8% excluding special large orders)	More than 6.0%
Profitability (Operating income margin)	6.9% (4-year average)	More than 9.0%
Efficiency (ROE)	7.6% (4-year average)	More than 9.0%

* Compound Average Growth Rate
The annual average is calculated based on the growth rate over multiple years. For a CAGR of 6.0%, after 1 year: 100 x 1.06 = 106, after 2 years: 106 x 1.06 = 112.36, and after 3 years: 112.36 x 1.06 = 119.10.

Please refer to the financial results presentation materials for the progress of each initiative.

"Short-term business plans that contribute to society
(Majorly improve our existing competencies)

Action 1.

Boost energy-efficiency initiatives with Super-Eco Pumps

Like the human heart, pumps are vital components that cannot be seen from the outside, but when they stop, social activities grind to a halt.
This makes it inescapable that many pumps must operate for long hours and consume enormous amounts of electricity.
It is estimated that pumps account for approximately 30% of Japan's total power consumption.

Seizing this as an opportunity, Torishima has been promoting an energy efficiency initiative, Go Green with Pumps, since 2009 to help reduce power consumption and CO₂ emissions by replacing existing pumps with The Eco-Pump.
Many of our customers have experienced the benefits of our products, and in FY2014 we became the first company in the pump industry to receive the Energy Conservation Grand Prize sponsored by Japan's Ministry of Economy, Trade and Industry.
Since FY2021, we have been working to further improve efficiency and have developed ultra-efficient pumps that are distinctly different from ordinary general-purpose pumps.

For more information, visit the Eco-Pump website.

Action 2.

Promote smart maintenance services based on data with TR-COM

With global warming causing increased abnormal weather in recent years, guerrilla rains and floods have become more frequent worldwide.
With our unique technologies, Torishima is developing pumps to contribute to the prevention and mitigation of disasters.

Suppressing the vortex generation within pumps to prevent adverse effect

To prevent flooding of cities during heavy rains, stormwater drainage pumps are used to transfer rainwater into rivers.
However, the flow rate of water increases as the drainage capacity increases, which increases vortices as water is pulled in, leading to noise and vibration in the pump and even to malfunctions.
To accommodate the more frequent torrential rains of recent years, pumps with greater drainage capacity are now in high demand.
The typical countermeasure to vortices is installing anti-vortex baffles, but this was costly, time-consuming, and posed other risks.

In response, Torishima developed a technology to suppress vortices within pumps.
This has eliminated the use of anti-vortex baffles, reducing construction costs and time, while ensuring safety.

For more information, please visit the product page

Vortex control technology by pump

Pumps with submersible motor capable of operating even in the event of a flood

If a pumping station is flooded by heavy rainfall, the motors that run the pumps may be submerged and become inoperable.
The water-resistant pump with integrated motor developed by Torishima features a watertight structure that integrates the pump and motor into a water-resistant, watertight unit. Even if a pumping station is flooded, the pumps can continue to operate and drainage functions can be maintained.

Water-resistant motor-integrated pump

Pumps that stopped operating due to flooding

For more information, please visit the product page

Action 3.

Enhance technology for specially designed pumps to mitigate heavy flooding

With Japan's declining birthrate and aging population, issues such as labor shortages and passing on skills are becoming increasingly problematic.
Part of the solution to this problem is implementing smart maintenance using DX.
In order to solve this issue, Torishima began developing new products in 2015. In 2018, we released TR-COM, a Rotating Equipment Monitoring System that allows for remote monitoring of machinery conditions with a single small sensor.
With the ability to capture high-frequency waves of up to 10,000 Hz, the system enables the prediction of failures, which was previously difficult. It can dramatically improve the efficiency of operations and maintenance on-site.
In November 2022, it was certified as a Smart Security Technology by the Ministry of Economy, Trade and Industry (METI).

Visit the TR-COM website.

Action 4.

Develop pumps to handle ammonia

Use of next-generation energy sources such as ammonia and hydrogen is a vital part of achieving carbon neutrality.
Demonstration tests of a 20% ammonia co-fired power generation system are underway in Aichi Prefecture, in which Torishima is involved as a pump manufacturer.
Use of next-generation energy sources such as ammonia and hydrogen is a vital part of achieving carbon neutrality.
For more realistic commercialization in the future, large-volume transportation will be necessary, and the large centrifugal pumps that are Torishima's strength will play a key role.
We aim to be a significant part of this new market, and are working to improve the functionality of our pumps.