Wacoal : Notice Regarding the Formulation of VISION 2030 and 3-year Medium-Term Business Plan
June 02, 2022 at 09:22 pm EDT
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June 3, 2022
To whom it may concern
Company name
Wacoal Holdings Corp.
Representative
Hironobu Yasuhara
name
Representative Director, President
and Corporate Officer
(Code No.:3591, TSE PrimeMarket)
Contact
Katsuya Hirooka
Corporate Officer,
General Manager of Corporate Planning
(Tel +81-75-682-1010)
Notice Regarding the Formulation of VISION 2030 and 3-yearMedium-Term Business Plan
Wacoal Group has formulated a medium- to long-term management strategy framework called VISION 2030 that shows the group's future vision moving toward 2030. Our medium- to long-term vision is to evolve and grow as the world's Wacoal Group by beautifying and enriching each individual's body and mind with our high sensibility and product quality. To achieve VISION 2030, we have formulated a new medium-term management plan that spans the three-year period from the March 2023 term to the March 2025 term.
1. VISION 2030, our medium- to long-term management strategy framework
To implement our Philosophy, we formulated VISION 2030 (a medium- to long-term management strategy framework) by backcasting from long-term macro trends while also focusing on our own business challenges, our customers' values, and societal and environmental changes. VISION 2030 consists of "Management Strategy," "Materiality (Priority Issues)," and "Executive and Employee Guidelines for Action" sections.
2. Medium-term management plan (March 2023 term to March 2025 term)
We recognize that the three-year period from the March 2023 term to the March 2025 term is an important time to build the foundation for realizing the vision set forth in VISION 2030. As a manufacturing company developing our brand on a global basis, we will contribute to enriching many peoples' lives and will move forward with efforts to become a high-profit company that can grow continuously.
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Wacoal Holdings Corporation published this content on 03 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 June 2022 01:21:03 UTC.
WACOAL HOLDINGS CORP. is a holding company mainly engaged in the manufacturing and wholesale of innerwear, which include women's foundation wear, lingerie, nightwear and children's underwear; outerwear; sportswear, and other textile goods and related products, as well as the direct sale of certain products to consumers. The Company has four segments: Wacoal business (Domestic), Wacoal business (Overseas), Peach John Business and Other. The Wacoal Business (Domestic) segment is engaged in the planning, design of products, the procurement of raw materials, as well as the provision of products to end consumers through domestic department stores, mass retailers and other general retail stores, directly managed stores, e-commerce sites and domestic and overseas sales companies. The Wacoal Business (Overseas) segment manufactures, sells products such as innerwear. The Peach John Business segment retails products. The Others segment include the manufacture and sale of mannequin dolls.