Kajima Group Medium-Term Management Plan (2018–2020): Numerical Targets
First written in FY2018. 6 of 14 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
6 other companies' latest entry also says "Achieved".
- FY2024AchievedAnnual report
「In 2021, the Group formulated the Kajima Group Medium-Term Management Plan (2021–2023)－Investing for the Future－ and pursued sustained improvement in performance and the Group's long-term development while responding to changes in the operating environment. As a result, net income attributable to owners of the parent exceeded ¥100 billion for 3 consecutive fiscal years, ROE exceeded 10%, and the management targets of the medium-term management plan were achieved.」
Under the medium-term management plan (2021–2023), the targets of net income attributable to owners of the parent of at least ¥95 billion and ROE above 10% were exceeded for 3 consecutive fiscal years from the fiscal year ended March 2022 through the fiscal year ended March 2024, explicitly demonstrating achievement of the management targets. - FY2021AchievedAnnual report
「In 2018, the Group formulated the Kajima Group Medium-Term Management Plan (2018–2020), whose basic policies were (1) building a next-generation construction production system, (2) providing construction and services that create value for society and customers, and (3) establishing a group management foundation for growth. As a result, it achieved its management targets for 3 consecutive years.」
Under the medium-term management plan (2018–2020), against the target of net income attributable to owners of the parent of at least ¥80 billion, the Group recorded ¥109.8 billion for the fiscal year ended March 2019, ¥103.2 billion for the fiscal year ended March 2020 and ¥98.5 billion for the fiscal year ended March 2021. It also exceeded the ROE target of 10% in each fiscal year, explicitly demonstrating achievement of the plan's management targets. - FY2021-Q3RestatedAnnual report
「During the nine-month period of the current consolidated fiscal year, the impact of the novel coronavirus disease on performance remained slightly less severe overall than anticipated. However, the Group's operating environment remains highly uncertain due to renewed outbreaks in regions around the world and the reissuance of a state of emergency declaration in Japan. Accordingly, the earnings forecast for the current consolidated fiscal year, announced on 10 November 2020, remains unchanged as follows. The Company's forecast gross profit margin on completed construction contracts is 13.1% (civil engineering, 15.0%; building construction, 12.4%). Consolidated earnings forecast Millions of yen Revenue Operating profit Ordinary profit Net income attributable to owners of the parent Current consolidated fiscal year 1,910,000 115,000 123,000 80,000」
The earnings forecast for the current consolidated fiscal year announced on 10 November 2020 remains unchanged at revenue of ¥1.91 trillion, operating profit of ¥115 billion, ordinary profit of ¥123 billion and net income attributable to owners of the parent of ¥80 billion. - FY2021-Q2Current-year earnings forecast raisedAnnual report
「Based on these projections, revenue is expected to be ¥1.91 trillion, up 2.1% from the previous forecast, mainly due to increases in the Company's civil engineering business and domestic subsidiaries and affiliates. Operating profit is expected to be ¥115 billion, up 3.6%, and ordinary profit ¥123 billion, up 4.2%, as the decline in gross profit at overseas subsidiaries and affiliates is expected to be offset by improvements at the Company and domestic subsidiaries and affiliates, while selling, general and administrative expenses are also expected to decline.」
Compared with the current-year earnings forecast announced in May 2020, revenue was raised by 2.1%, operating profit by 3.6% and ordinary profit by 4.2%. The forecast for net income attributable to owners of the parent was unchanged at ¥80 billion. No change to the final-year targets of the medium-term management plan is reported. - FY2021-Q1RestatedAnnual report
「During the cumulative consolidated first quarter under review, there were no material changes to the issues to be addressed described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes to the issues to be addressed described in the previous fiscal year, indicating that the policies and issues related to the medium-term management plan (2018–2020) remain in place. - FY2020AdvancedAnnual report
「The Group plans total investment of ¥500 billion over 3 years in sustainable growth, including proactive investment in domestic and overseas development businesses, R&D investment to contribute to a dramatic improvement in productivity, and M&A in Japan and overseas. It thoroughly measures investment efficiency with awareness of the cost of capital and manages risks in making investments, and had invested a total of ¥292 billion during the 2 years through the end of the current consolidated fiscal year.」
The final-year targets of the medium-term management plan have not changed, but ¥292 billion was invested over 2 years against the 3-year investment plan of ¥500 billion. ROE was 13.4% for the fiscal year ending March 2020, remaining above the plan target of 10.0%. - FY2020-Q3RestatedAnnual report
「The earnings forecast for the current consolidated fiscal year, announced on 12 November 2019, is as follows. The Company's forecast gross profit margin on completed construction contracts is 12.9% (civil engineering, 15.2%; building construction, 12.2%). Consolidated earnings forecast Millions of yen Revenue Operating profit Ordinary profit Net income attributable to owners of the parent Current consolidated fiscal year 2,000,000 121,000 130,000 95,000」
The earnings forecast for the first year of the medium-term management plan is reiterated as revenue of ¥2.0 trillion, operating profit of ¥121 billion, ordinary profit of ¥130 billion and net income attributable to owners of the parent of ¥95 billion. No further changes from the forecast revised in the previous quarter are reported. - FY2020-Q2Revenue forecast cut; profit forecast raisedAnnual report
「In light of recent performance trends, the earnings forecast for the current consolidated fiscal year announced on 15 May 2019 was revised on 12 November 2019. Revenue is expected to be ¥2.0 trillion, down 2.0% from the previous forecast, mainly due to a decline at overseas subsidiaries and affiliates. Operating profit is expected to be ¥121 billion, up 2.1% from the previous forecast, ordinary profit ¥130 billion, up 2.4%, and net income attributable to owners of the parent ¥95 billion, up 5.6%, mainly because the gross profit margin on completed construction contracts in the Company's building construction business is expected to improve.」
For the full-year earnings forecast for the first year of the medium-term management plan, revenue was cut by 2.0%, while operating profit, ordinary profit and net income attributable to owners of the parent were raised. No change to the numerical targets for the final year of the plan is reported. - FY2020-Q1RestatedAnnual report
「During the cumulative consolidated first quarter under review, there were no material changes to the issues to be addressed described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes to the issues to be addressed described in the previous fiscal year, indicating that the policies and issues related to the medium-term management plan (2018–2020) remain in place. - FY2019AdvancedAnnual report
「The targets for the fiscal year ending March 2021, the final year of the Kajima Group Medium-Term Management Plan (2018–2020), are revenue of approximately ¥2.15 trillion, net income attributable to owners of the parent of at least ¥80 billion, and ROE of at least 10.0%. Through the results of these measures and investments, the Group aims over the medium to long term to achieve net income attributable to owners of the parent of at least ¥100 billion.」
The final-year targets of the medium-term management plan have not changed. In the current consolidated fiscal year, the first year of the plan, revenue was ¥1.9742 trillion and net income attributable to owners of the parent was ¥109.8 billion, exceeding the revised earnings forecasts. This is recorded as progress in the first year, not as achievement of the final-year targets. - FY2019-Q3RestatedAnnual report
「The earnings forecasts for the current consolidated fiscal year, the first year of the Kajima Group Medium-Term Management Plan (2018–2020), announced on 13 November 2018, are as follows. The Company's forecast gross profit margin on completed construction contracts is 12.7% (civil engineering, 15.7%; building construction, 11.7%). Consolidated earnings forecast Millions of yen Revenue Operating profit Ordinary profit Net income attributable to owners of the parent Current consolidated fiscal year 1,960,000 120,000 134,000 97,000」
The earnings forecast for the first year of the medium-term management plan is reiterated as revenue of ¥1.96 trillion, operating profit of ¥120 billion, ordinary profit of ¥134 billion and net income attributable to owners of the parent of ¥97 billion. No further changes from the forecast revised in the previous quarter are reported. - FY2019-Q2Revenue forecast cut; profit forecast raisedAnnual report
「The earnings forecasts for the current consolidated fiscal year, the first year of the Kajima Group Medium-Term Management Plan (2018–2020), were revised on 13 November 2018 in light of recent performance trends. Revenue is expected to be ¥1.96 trillion, down 2.0% from the previous forecast, mainly due to a decline at overseas subsidiaries and affiliates. Operating profit is expected to be ¥120 billion, up 11.1% from the previous forecast, ordinary profit ¥134 billion, up 14.5%, and net income attributable to owners of the parent ¥97 billion, up 18.3%, mainly because the Company's gross profit margin on completed construction contracts is expected to improve.」
The earnings forecasts for the first year of the medium-term management plan were revised. Revenue was cut by 2.0%, mainly due to a decline at overseas subsidiaries and affiliates, while operating profit, ordinary profit and net income attributable to owners of the parent were raised by 11.1%, 14.5% and 18.3%, respectively, reflecting the expected improvement in the gross profit margin on completed construction contracts. - FY2019-Q1RestatedAnnual report
「During the cumulative consolidated first quarter under review, there were no material changes to the issues to be addressed described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes to the issues to be addressed described in the previous fiscal year, indicating that the policies and issues related to the Kajima Group Medium-Term Management Plan (2018–2020) remain in place. - FY2018First statedAnnual report
「Against this backdrop, the Group launched the Kajima Group Medium-Term Management Plan (2018–2020), announced on 15 May 2018, to address management challenges and achieve sustainable growth from an ESG perspective. The Group will implement measures based on the following basic policies: (1) building a next-generation construction production system, (2) providing construction and services that create value for society and customers, and (3) establishing a group management foundation for growth. For the fiscal year ending March 2021, the final year of the Kajima Group Medium-Term Management Plan (2018–2020), the targets are revenue of approximately ¥2.15 trillion, net income attributable to owners of the parent of at least ¥80 billion, and ROE of at least 10.0%. Through the results of these measures and investments, the Group aims over the medium to long term to achieve net income attributable to owners of the parent of at least ¥100 billion.」
The Group launched a new medium-term management plan for fiscal 2018–2020 and set numerical targets for revenue, net income attributable to owners of the parent and ROE for the fiscal year ending March 2021. Its basic policies are a next-generation construction production system, value-creating construction and services, and a group management foundation for growth. Over the medium to long term, the Group aims to achieve net income attributable to owners of the parent of at least ¥100 billion.