Wacoal Announces New Mid-Term Plan, Strengthens Domestic Business

Wacoal Holdings (HD) recently announced a new mid-term management plan, set to conclude in March 2029. Following underperformance in sales and business profits in the previous plan, the company is restructuring its domestic and international operations. This includes a focus on strengthening areas beyond innerwear and reassessing its operations in China, aiming for a more solid revenue base and capital efficiency.