2022 MEDIPAL Medium-Term Vision

The MEDIPAL Group is implementing initiatives in line with its medium-term vision, “2022 MEDIPAL Medium-Term Vision: Change the Oroshi Future – Innovation for the Future,” a vision aimed at a new Oroshi business model that benefits society with distribution in the fields of pharmaceuticals, health, and beauty, to prepare for changes in the social environment. The MEDIPAL Group has been carrying out further innovation in its existing businesses while shifting its new businesses from the “creation” to the “expansion” stage. At the same time, the MEDIPAL Group is building new frameworks that benefit customers and society through partnerships with companies in various fields, and by doing so, aims to further expand its earnings foundation and achieve sustainable growth.

Basic Policy

We will expand our earnings foundation and achieve sustainable growth
by building new frameworks that benefit customers and society.

Image of Overall Growth

Management Targets

  Results for the Fiscal Year
Ended March 2020
Results for the Fiscal Year
Ended March 2021
Targets for the Fiscal Year
Ending March 2022*2
Ordinary profit
¥68.0 billion
¥52.9 billion
¥72.0 billion
Gross profit from new businesses*1
¥5.5 billion
¥6.4 billion
¥10.0 billion
Payout ratio
23.3%
36.9%
Stable dividends with
target of 30%
Planned investment in growth Approx. ¥100.0 billion over three years
  • *1 Gross profit from new businesses that use the MEDIPAL Group’s nationwide infrastructure and human resources. Includes profit from the sale of related products.
  • *2 These are the target figures at the time the medium-term vision was announced (May 15, 2019).

Key Strategies by Business

Business Key Strategies
Prescription Pharmaceutical
Wholesale Business
  • Establishing business partnerships
    Create new frameworks
  • Expansion of new businesses
    Strengthen the earnings foundation
  • Innovation in existing businesses
    Resolve customer issues and increase productivity
Cosmetics, Daily Necessities
and OTC Pharmaceutical
Wholesale Business
  • Addressing the unprecedented changes
    in the business environment
    Strengthening retail solution capabilities
  • Pursuing security and safety and high efficiency Strengthening logistics solution capabilities
  • Ensuring provision of added corporate value Enhancing IT systems and promoting digitalization
  • Sources of sustainable growth Talent and organizational development
Animal Health Products
Wholesale Business
  • Using our original brand strategy Business expansion
  • Through reconstruction of logistics and sales functions Productivity improvement
  • Through human resource development Enhancement of information transmission and organizational strength
Food Processing Raw Materials
Wholesale Business
  • Effectively connect suppliers and customers nationwide Sales activities that add value
  • Expansion into new area
  • Reinforcement of product development capabilities