Medium-Term Management Plan "Innovation toward 2021"
First written in FY2018. 9 of 14 entries say "Restated". Latest entry: FY2023-Q1.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
7 other companies' latest entry also says "Dropped".
- FY2023-Q1DroppedAnnual report
「Against this backdrop, the Group's new medium-term management plan, “MNV 2024: Creating the Future of the Sea and Life,” began in April 2022.」
The company did not mention the previous medium-term management plan “Innovation toward 2021,” but stated that the new medium-term management plan began in April 2022. - FY2022Final-year results below targetAnnual report
「Under the Group's medium-term management plan “Innovation toward 2021,” the targets were a D/E ratio of 1.5x and an equity ratio of 30.0%. The D/E ratio improved from 1.8x at the end of the previous consolidated fiscal year to 1.6x, while the equity ratio rose from 26.7% to 29.2%.」
The company disclosed the final-year results for “Innovation toward 2021.” Against targets of a 1.5x D/E ratio and a 30.0% equity ratio, the results were 1.6x and 29.2%, respectively, and the 5.7% ROA target was also not achieved. - FY2022-Q2RestatedAnnual report
「In the final year of the medium-term management plan “Innovation toward 2021,” the Group continued to pursue the 3 management strategies of “further improvement in earnings power,” “initiatives for growth” and “strengthening the management foundation” to achieve its basic concept of “enhancing corporate value and sustainable growth,” while also advancing its Sustainability Medium- to Long-Term Management Plan and corporate branding activities.」
In the final year of the medium-term management plan, the company continues to pursue the 3 management strategies, its Sustainability Medium- to Long-Term Management Plan and its corporate branding activities. - FY2022-Q1RestatedAnnual report
「In the final year of the medium-term management plan “Innovation toward 2021,” the Group continued to pursue the 3 management strategies of “further improvement in earnings power,” “initiatives for growth” and “strengthening the management foundation” to achieve its basic concept of “enhancing corporate value and sustainable growth,” while also advancing its Sustainability Medium- to Long-Term Management Plan and corporate branding activities.」
In the final year of the medium-term management plan, the company continues to pursue enhanced corporate value, sustainable growth and the 3 management strategies. - FY2021WorsenedAnnual report
「Fiscal 2021 is the final year of the Group's medium-term management plan “Innovation toward 2021.” Progress toward the targets has been challenging. In addition, because the Group did not expand its growth-driver businesses and because of the impact of the Accounting Standard for Revenue Recognition, which will apply from the following fiscal year, net sales are expected to fall significantly short of the target.」
In the final year of the medium-term plan, the company recognized that progress toward targets such as net sales and operating income was challenging. For the fiscal year ending March 2022, net sales are forecast at ¥820,000 million and operating income at ¥20,000 million, below the plan targets of ¥1,000,000 million and ¥31,000 million, respectively. - FY2021-Q2RestatedAnnual report
「Against this backdrop, the Group continued to pursue the 3 management strategies of “further improvement in earnings power,” “initiatives for growth” and “strengthening the management foundation” to achieve the basic policy of its medium-term management plan “Innovation toward 2021,” “enhancing corporate value and sustainable growth.” It also continued its “Sustainability Medium- to Long-Term Management Plan” and corporate branding activities.」
The company continues to pursue the basic policy and 3 management strategies of its medium-term management plan, its Sustainability Medium- to Long-Term Management Plan and its corporate branding activities. - FY2021-Q1RestatedAnnual report
「Against this backdrop, the Group continued to pursue the 3 management strategies of “further improvement in earnings power,” “initiatives for growth” and “strengthening the management foundation” to achieve the basic policy of its medium-term management plan “Innovation toward 2021,” “enhancing corporate value and sustainable growth.” It also continued its “Sustainability Medium- to Long-Term Management Plan” and corporate branding activities.」
The company continues to pursue the basic policy and 3 management strategies of its medium-term management plan. - FY2020-Q3RestatedAnnual report
「Against this backdrop, the Group entered the second year of its medium-term management plan “Innovation toward 2021.” To achieve its basic policy of “enhancing corporate value and sustainable growth,” it continued to pursue “further improvement in earnings power,” “initiatives for growth” and “strengthening the management foundation,” while also continuing its corporate branding activities.」
In the second year of the medium-term management plan, the company continues to pursue 3重点 policies aimed at enhancing corporate value and achieving sustainable growth, as well as corporate branding activities. - FY2020-Q2RestatedAnnual report
「Against this backdrop, the Group entered the second year of its medium-term management plan “Innovation toward 2021.” To achieve its basic policy of “enhancing corporate value and sustainable growth,” it continued to pursue “further improvement in earnings power,” “initiatives for growth” and “strengthening the management foundation,” while also continuing its corporate branding activities.」
In the second year of the medium-term management plan, the company continues to pursue 3重点 policies aimed at enhancing corporate value and achieving sustainable growth, as well as corporate branding activities. - FY2020-Q1RestatedAnnual report
「Against this backdrop, the Group entered the second year of its medium-term management plan “Innovation toward 2021.” To achieve its basic policy of “enhancing corporate value and sustainable growth,” it continued to pursue “further improvement in earnings power,” “initiatives for growth” and “strengthening the management foundation,” while also undertaking corporate branding activities.」
In the second year of the medium-term management plan, the company continues to pursue 3重点 policies aimed at enhancing corporate value and achieving sustainable growth, as well as corporate branding activities. - FY2019-Q3RestatedAnnual report
「Against this backdrop, the Group continued to pursue “further improvement in earnings power,” “initiatives for growth” and “strengthening the management foundation” to achieve the basic policy of its medium-term management plan “Innovation toward 2021,” “enhancing corporate value and sustainable growth,” while also continuing its corporate branding activities.」
The company continues to pursue the basic policy and 3重点 policies of its medium-term management plan. - FY2019-Q2RestatedAnnual report
「Against this backdrop, the Group pursued “further improvement in earnings power,” “initiatives for growth” and “strengthening the management foundation” to achieve the basic policy of its medium-term management plan “Innovation toward 2021,” “enhancing corporate value and sustainable growth.” At the same time, as part of its corporate brand strategy, it changed its corporate logo design, began rebuilding its product brand architecture and proceeded with unifying its brands under “Maruha Nichiro.”」
The company continues to pursue the basic policy and 3重点 policies of its medium-term management plan. - FY2019-Q1AdvancedAnnual report
「Against this backdrop, the Group's medium-term management plan “Innovation toward 2021” began in April 2018. To achieve its basic policy of “enhancing corporate value and sustainable growth,” the Group will pursue “further improvement in earnings power,” “initiatives for growth” and “strengthening the management foundation.”」
The new medium-term management plan began in April 2018, and the company moved to the stage of pursuing its 3 basic policies. - FY2018First statedAnnual report
「In the Group's medium-term management plan, Innovation toward 2021, covering the 4 years from fiscal 2018 through fiscal 2021, the Group set targets for fiscal 2021 of ¥1 trillion in revenue, ¥31.0 billion in operating profit, an ROA (return on assets based on ordinary profit) of 5.7%, a D/E ratio (debt-to-equity ratio) of 1.5 times and an equity ratio of 30.0%.」
With the previous medium-term plan ending, the company presented a new four-year plan covering fiscal 2018 through fiscal 2021, along with numerical targets for net sales, operating income, ROA, the D/E ratio and the equity ratio, for the first time.