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Japan Petroleum Exploration (1662) · TargetRestated

Achieving ROE of 5% or higher in FY2022

First written in FY2018. 2 of 5 entries say "Restated". Latest entry: FY2025.

5entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2018 – FY2020SoftenedFY2021RaisedFY20222018: 120182019: 020192020: 120202021: 120212022: 120222023: 020232024: 020242025: 12025
Same theme, other companies
ROE Improvement TargetA theme 254 companies write about · 3 as a headwind · 254 as a tailwind

The whole theme swung hardest in 2020: 27 of 113 companies on the "Worse" side.

22 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 258 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2025RestatedAnnual report

    「・ROE: 5% in fiscal 2026 and 8% in fiscal 2030」

    The company continues to pursue ROE targets of 5% in fiscal 2026 and 8% in fiscal 2030.
  2. FY2022RaisedAnnual report

    「ROE: 5% in fiscal 2026 and 8% in fiscal 2030」

    The previous target of ROE of at least 5% in fiscal 2022 was updated to new phased management targets of 5% in fiscal 2026 and 8% in fiscal 2030, with the target for fiscal 2030 set higher.
  3. FY2021SoftenedAnnual report

    「In light of the formulation of “JAPEX2050,” the reduction of the long-term crude oil price assumption from the previous US$60 per barrel to US$50 per barrel based on the related assessment of the business environment, and changes in the underlying business portfolio, the company plans to conduct a review during FY2021.」

    Although the target of ROE of at least 5% in fiscal 2022 remains in the text, the assumed oil price has been lowered from US$60 to US$50, and the company decided to review the medium-term plan during fiscal 2021.
  4. FY2020RestatedAnnual report

    「To realize the company’s target state for 2030, we will pursue earnings improvements with the goal of achieving ROE of at least 5% in fiscal 2022, based on an oil price assumption of US$60 per barrel.」

    The company continues to pursue its medium-term target of ROE of at least 5% in fiscal 2022, based on an oil price assumption of US$60.
  5. FY2018First statedAnnual report

    「To realize the company’s target state for 2030, we will pursue earnings improvements with the goal of achieving ROE of at least 5% in fiscal 2022, based on an oil price assumption of US$60 per barrel.」

    Based on an oil price assumption of US$60 per barrel, the company set a medium-term profitability target of ROE of at least 5% in fiscal 2022 for the first time.
Moved together

"Risk of Changes in Mine Closure Costs and Asset Retirement Obligations After the End of Production" moved the same way as this thread, in the same document, in 2 of its 5 moves.

2222★1234
  1. ★This thread
  2. 1Risk of Changes in Mine Closure Costs and Asset Retirement Obligations After the End of Production2×
  3. 2Transforming the Earnings Structure by Keeping Interest-Bearing Debt/EBITDA Below 2x and Allocating Investment to Non-E&P Businesses2×
  4. 3Performance-linked compensation based on consolidated net income2×
  5. 4Breach of Financial Covenants by JAPEX Montney Ltd.2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Japan Petroleum Exploration yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Achieving ROE of 5% or higher in FY2022 | Japan Petroleum Exploration Co.,Ltd. (1662) | Komori