September 30, 2021
Okaya & Co., Ltd.

New Medium-term Management Plan
“Global Innovation Challenge 2025 (GIC 2025)”
Since our foundation in 1669, Okaya & Co., Ltd. has accumulated a history of trustworthiness,enterprising spirit, and harmony among people. Currently, we are conducting our business in four
segments: Iron & Steel, Information & Electronics, Industrial Machinery & Materials, andLiving Related Products, with 72 group companies in 22 countries around the world.
As society is undergoing major changes, such as global decarbonization efforts and innovation throughdigital technology, it is necessary to face the changing times and take on challenges and evolve.
Our Group's new five-year medium-term management plan (“GIC 2025”) was formulated with thefinal fiscal year set to 2025. We will contribute to the sustainable development of industries andregions around the world and pave the way for the next era by continuing to strive to provide newvalue in the global market.
I. Management Philosophy
Be the “Best global sourcing partner” who contributes to manufacturing worldwide
II. Basic policy〇 G: GlobalWe will expand Okaya Group’s domestic and overseas bases and build business based on regional needs.
・ Enhancement and strengthening of supply chain in the world market
・ Strengthening of regional collaboration in North America, China, and ASEAN・ Improvement of our corporate value by exerting the comprehensive strength of our Group〇 I: Innovation
We will flexibly evolve trading company functions through a business model (DX) that utilizes digitaltechnology to provide new value to our customers.

・ Initiatives for CASE, smart factories, and carbon neutrality
・ Strengthening of system integration and engineering functions
・ Strengthening of our management base by improving operating efficiency and productivity〇 C: Challenge
Each employee will proactively take initiatives in a free and open working environment and organization.
・ Passing on knowledge and experience and developing human resources who can create new paths
for the next generation
・ An environment where diverse human resources can play an active role and experience job
satisfaction and growth・ A corporate culture that encourages employees to take on challenges toward their dreams
III. Performance targets
FY 2021
FY 2025
Consolidated sales*1900.0 billion yen
1.0 trillion yen or more
Profit attributable to owners of parent
15.0 billion yen
20.0 billion yen or more
*1 “Accounting Standard for Revenue Recognition (Corporate Accounting Standards No. 29)”
is not applied when calculating the target figures.
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IV. Segment Business Strategy (Important Initiative Themes)
Segment

Important Initiative Themes〇 Iron & Steel segment
Steel / Specialty Steel:International Trade:

Enhancement and strengthening of supply chain management
Domestic oriented business〇 Information & Electronics segment
Non-ferrous metals & Minerals:High-performance materials, functional parts, and metal recycling
Electronics:
Building a new business model (DX) utilizing digital technology〇 Industrial Machinery & Materials segment
Industrial Chemicals:
Environmentally-friendly products and engineering plastics
Mechatronics:
Next-generation automobiles, automation and labor saving〇 Living Related Products segment
Piping components andConstruction:
Expansion of new energy area
Food Products:
Strengthening of overseas processing and logistics functions
V. Sustainability
Since its founding, the Okaya Group has positioned “coexistence with society” as one of its importantmanagement issue and has promoted its business activities. Through GIC 2025 we aim to further improve ourcorporate value by continuing activities to pursue medium- to long-term sustainability.

Areas

Main Activity Themes〇 Environment:

Continuation of group certification of ISO14001
Expansion of handling environmentally-friendly products and carbonneutrality efforts
Working practices reform and promotion of health management
Academic and cultural support, sports promotion, and academicindustrial alliance
Thorough internal control
Strengthening of risk management〇 Society:〇 Governance:

VI. Results of Gih-2020
The results of the medium-term plan “Gih-2020” that we have been promoting since FY 2016 are as
follows:

Consolidated
sales
Net income

FY 2016
Results

Targets753.3 billion yen

11.6 billion yen

FY 2018

FY 2020

Results

Targets

850.0 billion yen

948.5 billion yen

1 trillion yen

760.4 billion yen

15.0 billion yen

16.4 billion yen

20.0 billion yen

12.4 billion yen

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Results