Medium-Term Management Plan 2017: Consolidated Performance Targets
First written in FY2016. 4 of 9 entries say "Restated". Latest entry: FY2025.
Toda moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
17 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「We will promote growth in revenue (up 36.4% versus FY2024, with revenue up 36.4% and operating income up 63.3%) while pursuing management focused on capital efficiency (ROE of 10.0% or higher).」
The framework has been updated from the performance targets in the Medium-Term Management Plan 2024 Rolling Plan to those in the Medium-Term Management Plan 2027. The FY2027 targets include revenue of approximately ¥800 billion, operating income of at least ¥43.5 billion, and ROE of at least 10.0%. - FY2023RestatedAnnual report
「FY2022 actual results FY2024 targets: Consolidated net sales ¥547.1 billion ¥600 billion approximately; operating income ¥14.1 billion ¥33 billion or higher; operating margin 2.6% 5.5% or higher; net income ¥10.9 billion ¥26 billion or higher; ROE (return on equity) 3.5% 8.0% or higher; labor productivity (non-consolidated) ¥11.71 million ¥15.0 million or higher」
The FY2024 performance targets revised under the rolling plan were presented at the same levels, with disclosure comparing them against FY2022 actual results. - FY2022SoftenedAnnual report
「FY2021 actual results FY2024 targets: Consolidated net sales ¥501.5 billion ¥600 billion approximately; operating income ¥24.3 billion ¥33 billion or higher; operating margin 4.9% 5.5% or higher; net income ¥18.5 billion ¥26 billion or higher; ROE (return on equity) 5.9% 8.0% or higher; labor productivity (non-consolidated) ¥14.58 million ¥15.0 million or higher」
The FY2024 operating income target was revised from ¥42 billion or higher to ¥33 billion or higher, the operating margin target from 7.0% or higher to 5.5% or higher, and the labor productivity target from ¥17.5 million or higher to ¥15.0 million or higher. Meanwhile, the net sales target of approximately ¥600 billion and ROE target of 8% or higher were maintained, and a net income target of ¥26 billion or higher was newly presented. - FY2021RestatedAnnual report
「FY2024 targets: Consolidated net sales ¥600 billion approximately; operating income ¥42 billion or higher; operating margin 7.0% or higher; return on equity (ROE) 8.0% or higher; labor productivity (non-consolidated) ¥17.5 million or higher」
The FY2024 performance targets under Medium-Term Management Plan 2024 have continued at the same levels. FY2020 actual results were net sales of ¥507.1 billion, operating income of ¥27.6 billion, an operating margin of 5.5%, and ROE of 6.8%. - FY2020ReframedAnnual report
「FY2024 targets: Consolidated net sales ¥600 billion approximately; operating income ¥42 billion or higher; operating margin 7.0% or higher; return on equity (ROE) 8.0% or higher; labor productivity (non-consolidated) ¥17.5 million or higher」
The performance targets were shifted from the FY2019 targets under Medium-Term Management Plan 2019 to the FY2024 targets under Medium-Term Management Plan 2024. Targets included net sales of approximately ¥600 billion and operating income of ¥42 billion or higher. - FY2019RestatedAnnual report
「FY2019 targets: Consolidated net sales ¥500 billion approximately; operating income ¥25 billion or higher; operating margin 5.0% or higher; labor productivity (non-consolidated) ¥15.0 million or higher」
The target levels for FY2019 consolidated net sales, operating income, operating margin, and labor productivity have been maintained. - FY2018RestatedAnnual report
「FY2019 targets: Consolidated net sales ¥500 billion approximately; operating income ¥25 billion or higher; operating margin 5.0% or higher; labor productivity (non-consolidated) ¥15.0 million or higher」
The FY2019 performance targets under Medium-Term Management Plan 2019 were stated at the same levels. FY2017 actual results were net sales of ¥429.0 billion, operating income of ¥30.4 billion, an operating margin of 7.1%, and labor productivity of ¥16.56 million. - FY2017ReframedAnnual report
「FY2019 Group performance targets: Consolidated net sales ¥500 billion approximately; operating income ¥25 billion or higher; operating margin 5.0% or higher; labor productivity (non-consolidated) ¥15.0 million or higher」
Medium-Term Management Plan 2017 was concluded one year ahead of schedule and replaced with new performance targets for which FY2019 was the final fiscal year. - FY2016First statedAnnual report
「FY2017 targets: Consolidated net sales ¥480 billion approximately; operating income ¥20 billion or higher; operating margin 4.2% or higher; labor productivity (non-consolidated) ¥13.2 million or higher」
Numerical targets were set for FY2017 net sales, operating income, operating margin, and labor productivity against the FY2016 plan. The Group explained that the final-year targets were revised upward after being achieved ahead of schedule in the fiscal year ended March 2016.