Achievement of Numerical Targets in the Medium-Term Management Plan
First written in FY2016. 24 of 36 entries say "Restated". Latest entry: 2026-08-12.
The whole theme swung hardest in 2025: 3 of 20 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- 2026-08-12RestatedEarnings
「As of the present date, there are no changes to the earnings forecasts for the second quarter (cumulative) or the full fiscal year announced on 14 May 2026.」
The full-year forecast based on the medium-term management plan remains unchanged. - FY2026RaisedAnnual report
「To survive as a corporate group capable of sustainable growth, the Group aims over the medium to long term to expand its business by addressing the aging workforce, encouraging younger people to join the Company, and rapidly deploying value-added technologies. To achieve its numerical targets, the Group will work across the Company to maximize business performance. ② Numerical targets (fiscal year ending March 2027) Orders received ¥27,610 million Net sales ¥32,300 million Operating income ¥1,820 million Ordinary income ¥2,060 million Net income attributable to owners of the parent ¥1,510 million」
The Company moved to a new Medium-Term Management Plan for FY2026–FY2028 and set numerical targets for the fiscal year ending March 2027. Compared with the previous targets for the fiscal year ending March 2025, all items have been raised: orders received, net sales, operating income, ordinary income, and net income attributable to owners of the parent. - FY2026-H1RestatedAnnual report
「Against this backdrop, based on the Medium-Term Management Plan (FY2023–FY2025) updated in May this year, the Group is pursuing the following specific initiatives across the Company: ① “Passing on technical expertise and improving productivity” and ② “Promoting work-style reform by reviewing internal operations and internal systems.”」
Although the Medium-Term Management Plan (FY2023–FY2025) was updated in May this year, the previous numerical targets have not been disclosed, and the two priority initiatives remain in place. - FY2025-H1RestatedAnnual report
「Against this backdrop, based on the medium-term management plan (FY2023–FY2025), our group is pursuing the following specific initiatives across the company: ① “Passing on technical capabilities and improving productivity,” and ② “Promoting work-style reform by reviewing internal operations and internal systems.”」
The Company continues to set out its Medium-Term Management Plan (FY2023–FY2025) and two specific initiatives. No new numerical targets or progress updates have been disclosed. - FY2024RaisedAnnual report
「To survive as a corporate group capable of sustainable growth, our group will seek over the medium to long term to pass on technical capabilities, improve productivity and promote work-style reform, and make every effort across the company to improve business performance and achieve its numerical targets. ① Targets and priority initiatives (a) Passing on technical capabilities and improving productivity ・Strengthen technical training by job level and pass on technical capabilities through technological development to address an aging workforce. ・Strengthen efforts in technological development that anticipates demand. (b) Promoting work-style reform by reviewing internal operations and internal systems ・Simplify administrative work at branches and worksites. ・Transform work processes by automating accounting operations at headquarters. ② Numerical targets (fiscal year ending March 2025) Orders received ¥23,100 million Net sales ¥27,800 million Operating income ¥1,400 million Ordinary income ¥1,578 million Net income attributable to owners of the parent ¥1,015 million」
The company presented targets for the fiscal year ending March 2025 under the medium-term management plan (FY2023–FY2025). Compared with the previous targets for the fiscal year ending March 2024, it raised the targets for orders received, net sales, operating income, ordinary income and net income attributable to owners of the parent. For the fiscal year ending March 2024, orders received were ¥32,934 million, net sales were ¥23,575 million, operating income was ¥1,012 million, ordinary income was ¥1,401 million and net income was ¥932 million, exceeding the previous targets. - FY2024-Q3RestatedAnnual report
「Against this backdrop, our group newly formulated the medium-term management plan (FY2023–FY2025) and is pursuing the following specific initiatives across the company: ① “Passing on technical capabilities and improving productivity,” and ② “Promoting work-style reform by reviewing internal operations and internal systems.”」
The company continued to set out the medium-term management plan for FY2023–FY2025 and its 2 specific initiatives. No new numerical targets or achievement results were presented. - FY2024-Q2RestatedAnnual report
「Against this backdrop, our group newly formulated the medium-term management plan (FY2023–FY2025) and is pursuing the following specific initiatives across the company: ① “Passing on technical capabilities and improving productivity,” and ② “Promoting work-style reform by reviewing internal operations and internal systems.”」
The company continued the medium-term management plan for FY2023–FY2025 and its 2 specific initiatives. No new numerical targets were presented. - FY2024-Q1RestatedAnnual report
「Against this backdrop, our group newly formulated the medium-term management plan (FY2023–FY2025) and is pursuing the following specific initiatives across the company: ① “Passing on technical capabilities and improving productivity,” and ② “Promoting work-style reform by reviewing internal operations and internal systems.”」
The company continued to set out the medium-term management plan for FY2023–FY2025 and the 2 initiatives of passing on technical capabilities and improving productivity, and promoting work-style reform. - FY2023ReframedAnnual report
「To survive as a corporate group capable of sustainable growth, our group will seek over the medium to long term to pass on technical capabilities, improve productivity and promote work-style reform, and make every effort across the company to improve business performance and achieve its numerical targets. ② Numerical targets (fiscal year ending March 2024): orders received ¥23,000 million; net sales ¥23,000 million; operating income ¥900 million; ordinary income ¥1,100 million; net income attributable to owners of the parent ¥550 million.」
The company updated its numerical targets for the fiscal year ending March 2024 under the medium-term management plan (FY2023–FY2025). In addition to passing on technical capabilities and improving productivity, it identified work-style reform as a medium- to long-term issue. - FY2023-Q3RestatedAnnual report
「As the final year of the medium-term management plan (FY2020–FY2022), our group has pursued the following specific initiatives and worked to improve business performance toward achieving the plan: ① “Improving productivity and pursuing absolute earnings,” and ② “Improving and passing on technical capabilities.”」
As the final year of the medium-term management plan (FY2020–FY2022), the company continued its efforts toward achieving the plan based on the previous numerical targets and priority initiatives. No new numerical targets or completion of the plan were presented. - FY2023-Q2RestatedAnnual report
「As the final year of the medium-term management plan (FY2020–FY2022), our group has pursued the following specific initiatives and worked to improve business performance toward achieving the plan: ① “Improving productivity and pursuing absolute earnings,” and ② “Improving and passing on technical capabilities.”」
As the final year of the medium-term management plan (FY2020–FY2022), the company continued its efforts toward achieving the plan. It did not present achievement of the numerical targets themselves. - FY2023-Q1RestatedAnnual report
「Against this backdrop, as the final year of the medium-term management plan (FY2020–FY2022), our group is pursuing the following specific initiatives across the company and working to improve business performance toward achieving the plan: ① “Improving productivity and pursuing absolute earnings,” and ② “Improving and passing on technical capabilities.”」
As the final year of the medium-term management plan (FY2020–FY2022), the company continued the 2 existing initiatives and its efforts toward achieving the plan. No new numerical targets or achievement results were presented. - FY2022ReframedAnnual report
「To survive as a corporate group capable of sustainable growth, our group will seek over the medium to long term to secure earnings, improve and pass on technical capabilities, and make every effort across the company to improve business performance and achieve its numerical targets. ② Numerical targets (fiscal year ending March 2023) Orders received ¥25,000 million Net sales ¥22,000 million Operating income ¥900 million Ordinary income ¥1,000 million Net income attributable to owners of the parent ¥400 million」
The company updated the numerical targets of the medium-term management plan (FY2020–FY2022) for the fiscal year ending March 2023. The targets for orders received, operating income, ordinary income and net income attributable to owners of the parent exceed the previous targets for the fiscal year ending March 2021, while the net sales target was reduced from ¥24,200 million to ¥22,000 million. - FY2022-Q3RestatedAnnual report
「Against this backdrop, based on the medium-term management plan (FY2020–FY2022), our group is pursuing the following specific initiatives across the company and working to improve business performance toward achieving the plan: ① “Improving productivity and pursuing absolute earnings,” and ② “Improving and passing on technical capabilities.”」
The company continued to set out the medium-term management plan (FY2020–FY2022) and its 2 priority initiatives. - FY2022-Q2RestatedAnnual report
「Against this backdrop, based on the medium-term management plan (FY2020–FY2022), our group is pursuing the following specific initiatives across the company and working to improve business performance toward achieving the plan: ① “Improving productivity and pursuing absolute earnings,” and ② “Improving and passing on technical capabilities.”」
The company continued to set out the medium-term management plan (FY2020–FY2022) and its 2 priority initiatives. - FY2022-Q1RestatedAnnual report
「Against this backdrop, based on the medium-term management plan (FY2020–FY2022), our group is pursuing the following specific initiatives across the company and working to improve business performance toward achieving the plan: ① “Improving productivity and pursuing absolute earnings,” and ② “Improving and passing on technical capabilities.”」
The company continued to set out the medium-term management plan for FY2020–FY2022 and its 2 specific initiatives, and aims to improve business performance toward achieving the plan. - FY2021-Q3RestatedAnnual report
「Against this backdrop, as the first year of the new medium-term management plan (FY2020–FY2022), our group is pursuing the following specific initiatives across the company and working to improve business performance toward achieving the plan: ① “Improving productivity and pursuing absolute earnings,” and ② “Improving and passing on technical capabilities.”」
As the first year of the medium-term management plan for FY2020–FY2022, the company continued the 2 existing initiatives and its efforts toward achieving the plan. - FY2021-Q2ReframedAnnual report
「Against this backdrop, as the first year of the new medium-term management plan (FY2020–FY2022), our group is pursuing the following specific initiatives across the company and working to improve business performance toward achieving the plan: ① “Improving productivity and pursuing absolute earnings,” and ② “Improving and passing on technical capabilities.”」
The company continued to describe its initiatives for the first year of the new medium-term management plan for FY2020–FY2022. - FY2021-Q1ReframedAnnual report
「Against this backdrop, as the first year of the new medium-term management plan (FY2020–FY2022), our group is pursuing the following specific initiatives across the company and working to improve business performance toward achieving the plan: ① “Improving productivity and pursuing absolute earnings,” and ② “Improving and passing on technical capabilities.”」
The period covered by the medium-term management plan was updated to the new plan for FY2020–FY2022. The previous numerical targets were not presented in this quarterly report, while the priority initiatives are improving productivity and pursuing absolute earnings, and improving and passing on technical capabilities. - FY2020ReframedAnnual report
「To survive as a corporate group capable of sustainable growth, our group will seek over the medium to long term to secure earnings, improve and pass on technical capabilities, and make every effort across the company to improve business performance and achieve its numerical targets. ② Numerical targets (fiscal year ending March 2021): orders received ¥23,200 million; net sales ¥24,200 million; operating income ¥630 million; ordinary income ¥740 million; net income attributable to owners of the parent ¥350 million.」
The company updated the plan framework from FY2017–FY2019 to new numerical targets for the fiscal year ending March 2021. The targets are orders received of ¥23,200 million, net sales of ¥24,200 million, operating income of ¥630 million, ordinary income of ¥740 million and net income attributable to owners of the parent of ¥350 million. Compared with the previous target for the fiscal year ending March 2020, the orders received target was reduced, while the targets for net sales, operating income and ordinary income were raised, and a net income target was newly presented. - FY2020-Q3RestatedAnnual report
「In the final year of the medium-term management plan (FY2017–FY2019), the company continued to pursue the 2 existing initiatives and work to improve business performance. No new disclosure was made regarding achievement of the numerical targets or completion of the initiatives.」
In the final year of the medium-term management plan (FY2017–FY2019), the company continued the 2 existing initiatives. No new disclosure was made regarding achievement of the numerical targets or completion of the plan. - FY2020-Q2RestatedAnnual report
「In the final year of the medium-term management plan (FY2017–FY2019), the company continued to pursue the following initiatives across the company and work to improve business performance toward achieving the plan: ① “Improving productivity and securing stable earnings,” and ② “Improving and passing on technical capabilities.”」
As the final year of the medium-term management plan (FY2017–FY2019), the company continued its efforts toward achieving the plan. No new numerical targets were disclosed. - FY2020-Q1RestatedAnnual report
「Against this backdrop, in the final year of the medium-term management plan (FY2017–FY2019), our group is pursuing the following specific initiatives across the company and working to improve business performance toward achieving the plan: ① “Improving productivity and securing stable earnings,” and ② “Improving and passing on technical capabilities.”」
The company continued its policy of pursuing 2 specific initiatives toward achieving the medium-term management plan (FY2017–FY2019) in its final year. No new numerical targets or achievement results were disclosed. - FY2019ReframedAnnual report
「② Numerical targets (fiscal year ending March 2020) Orders received ¥24,000 million Net sales ¥22,500 million Gross profit ¥2,470 million Operating income ¥450 million Ordinary income ¥150 million」
The time horizon was updated from the previous target for the fiscal year ending March 2019 to the target for the fiscal year ending March 2020. The targets for orders received, net sales, gross profit and operating income were raised, while the ordinary income target was reduced from ¥460 million to ¥150 million, updating the target framework. Under the previous plan, orders received were ¥20,757 million, net sales were ¥24,481 million, operating income was ¥468 million and ordinary income was ¥638 million. - FY2019-Q3RestatedAnnual report
「Against this backdrop, based on the medium-term management plan (FY2017–FY2019), our group is pursuing the following specific initiatives across the company and working to improve business performance: ① “Improving productivity and securing stable earnings,” and ② “Improving and passing on technical capabilities.”」
The company continued to set out the medium-term management plan (FY2017–FY2019) and its 2 specific initiatives. No new disclosure was made regarding achievement of the numerical targets. - FY2019-Q2RestatedAnnual report
「Against this backdrop, based on the medium-term management plan (FY2017–FY2019), our group is pursuing the following specific initiatives across the company and working to improve business performance: ① “Improving productivity and securing stable earnings,” and ② “Improving and passing on technical capabilities.”」
The company continued to set out the medium-term management plan (FY2017–FY2019) and its 2 priority initiatives. - FY2019-Q1RestatedAnnual report
「Against this backdrop, based on the medium-term management plan (FY2017–FY2019), our group is pursuing the following specific initiatives across the company and working to improve business performance: ① “Improving productivity and securing stable earnings,” and ② “Improving and passing on technical capabilities.”」
The company continued to set out the medium-term management plan (FY2017–FY2019) and its priority initiatives. No new disclosure was made regarding the numerical targets or their achievement. - FY2018RestatedAnnual report
「② Numerical targets (fiscal year ending March 2019) Orders received ¥23,500 million Net sales ¥22,000 million Gross profit ¥2,420 million Operating income ¥360 million Ordinary income ¥460 million」
The company disclosed numerical targets for the medium-term management plan (FY2017–FY2019) for the fiscal year ending March 2019. The plan's numerical targets remain in place. - FY2018-Q3RestatedAnnual report
「Against this backdrop, based on the newly established medium-term management plan (FY2017–FY2019), our group is pursuing the following specific initiatives across the company and working to improve business performance: ① “Improving productivity and securing stable earnings,” and ② “Improving and passing on technical capabilities.”」
The company continued to describe the new medium-term management plan for FY2017–FY2019 and its specific initiatives. No new disclosure was made regarding achievement of the numerical targets. - FY2017SoftenedAnnual report
「As a result, orders received and net sales in the final year achieved the plan targets, but earnings fell short because the profitability of construction projects undertaken by the US subsidiary JAFEC USA, Inc. was substantially below plan, resulting in a loss. Securing stable earnings became an issue for the future.」
Under the FY2014–FY2016 plan, orders received and net sales achieved their targets, while the profit targets were missed because of deteriorating profitability on US construction projects. The new FY2017–FY2019 plan sets lower numerical targets than the previous plan, including operating income of ¥60 million and ordinary income of ¥160 million for the fiscal year ending March 2018. - FY2017-Q3RestatedAnnual report
「Against this backdrop, based on the medium-term management plan (FY2014–FY2016), our group is pursuing the following specific initiatives across the company and working to improve business performance: ① “Securing stable earnings through selection and concentration,” ② “Improving and passing on technical capabilities,” and ③ “Strengthening efforts in disaster prevention and mitigation work and maintenance and repair work.”」
In the final year of the medium-term management plan, the company continued to explain the initiatives based on the plan and its efforts to improve business performance. No new disclosure was made regarding achievement of the numerical targets. - FY2017-Q2RestatedAnnual report
「Against this backdrop, based on the medium-term management plan (FY2014–FY2016), our group is pursuing the following specific initiatives across the company and working to improve business performance: ① “Securing stable earnings through selection and concentration,” ② “Improving and passing on technical capabilities,” and ③ “Strengthening efforts in disaster prevention and mitigation work and maintenance and repair work.” Business performance for the first six months of the fiscal year, the final year of the plan, was as follows:」
The company continued to explain that FY2016 was the final year of the medium-term management plan (FY2014–FY2016) and that it was pursuing initiatives based on the plan. No new disclosure was made regarding achievement of the numerical targets themselves. - FY2017-Q1RestatedAnnual report
「Against this backdrop, based on the medium-term management plan (FY2014–FY2016), our group is pursuing the following specific initiatives across the company and working to improve business performance: ① “Securing stable earnings through selection and concentration,” ② “Improving and passing on technical capabilities,” and ③ “Strengthening efforts in disaster prevention and mitigation work and maintenance and repair work.” Business performance for the first quarter of the fiscal year, the final year of the plan, was as follows:」
The company continued to explain that this was the final year of the medium-term management plan and that it was pursuing initiatives based on the plan. No new disclosure was made regarding progress toward the numerical targets. - FY2016First statedAnnual report
「② Numerical targets (fiscal year ending March 2017) Orders received ¥27,700 million Net sales ¥23,900 million Gross profit ¥2,920 million Operating income ¥550 million Ordinary income ¥690 million」
Toward the final year of the medium-term management plan (FY2014–FY2016), the company set specific targets for orders received, net sales, gross profit, operating income and ordinary income.