Management Policy

In 2010, the Stanley Group established the "Stanley Group Second Long-Term Management Goals" with the aim of realizing the Stanley Group Vision, the fundamental sense of value shared throughout the group. These goals set guidelines for management plans for every three-year period.In 2010, the Stanley Group established the "Stanley Group Second Long-Term Management Goals" with the aim of realizing the Stanley Group Vision, the fundamental sense of value shared throughout the group. These goals set guidelines for management plans for every three-year period.
The "Guidelines for the VI Three-year Medium-term Management Plan" for April 2017 to March 2020 identify three vitally important matters: "Enlightened management at a global level", "Enlightened business at a global level" and "Enlightened culture and climate at a global level".
"Enlightened management at a global level" seeks to establish a group matrix management framework comprising the three axes of business operations, functions, and regions. Through this framework, the Stanley Group will create a virtuous cycle in which all group companies work closely together wherever they are in the world, continuously dedicate themselves to a higher corporate value, generate cash globally, and invest for further growth.
Enlightened business at a global level" seeks to develop the Stanley's company brand as being an excellent global company, and make the Group an important partner for all customers. To this end, the Stanley Group will widely contribute to society in acquiring the world's best optical technology and offering products of high added value and high quality.
"Enlightened culture and climate at a global level" will, on the basis of the Stanley Group Vision, help employees develop their personality characteristics, and turn the Group into a group of creative, cooperative professionals with diverse personalities.
To survive global competition, the Stanley Group performs group wide productivity and efficiency oriented management.
In other words, the Stanley Group aims to be a group of truly strong companies resilient to unexpected changes in market conditions and environment, while engaging in activities that can lead to production innovation in all business processes including indirect departments, and making ceaseless efforts for higher productivity at high levels in extensive areas.

Management Targets

ROE

15%

Consolidated payout ratio

20%

Total return ratio

35%

"In line with its efforts to be an excellent company, the Stanley Group set the target ROE at 15% in the "Guidelines for the VI Three-year Medium-term Management Plan" for April 2017 to March 2020.
The Group principally follows a stable dividend and appropriate profit distribution policy with the target consolidated payout ratio of 20% or more and the target total return ratio, including acquisition of own shares, of 35% or more on a consolidated basis. The Group will maintain the stable dividend and appropriate profit distribution policy."