New Management Plan “NNI-120 II” and FY2020 Performance Targets
First written in FY2016. 23 of 32 entries say "Restated". Latest entry: 2026-07-30.
The whole theme swung hardest in 2025: 3 of 20 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2026Final-year results and earnings forecast for the medium-term plan disclosedAnnual report
「The plan set FY2026 targets of ¥950 billion in net sales, ¥57 billion in operating income and EPS of ¥140. However, in light of changes in the business environment and the situation in the Middle East, our earnings forecast is net sales of ¥870 billion, operating income of ¥46 billion and EPS of ¥147, reflecting the reduction of cross-held shares and other factors.」
For the final year of Medium-Term Management Plan 2026, the company maintained targets of ¥950 billion in net sales, ¥57 billion in operating income and EPS of ¥140, while disclosing an FY2026 earnings forecast of ¥870 billion in net sales, ¥46 billion in operating income and EPS of ¥147. Actual results were net sales of ¥865.004 billion, operating income of ¥46.685 billion and EPS of ¥113.33, with net sales and EPS below plan targets. - FY2026-H1RestatedAnnual report
「Our group is working to fulfill its mission of ensuring a stable supply of food, including flour, and delivering safe and reliable products in each business, while working to achieve the “Nisshin Seifun Group Medium-Term Management Plan 2026,” ending in FY2026.」
The company continued to pursue Medium-Term Management Plan 2026 toward its final year. No change to the plan’s targets was stated. - FY2025-H1RaisedAnnual report
「FY2026 (fiscal year ending March 2027) consolidated financial targets: Initial target (announced October 2022); revised target; change. Net sales: ¥900 billion; ¥950 billion; +¥50 billion. Operating income: ¥48 billion; ¥57 billion; +¥9 billion. EPS: ¥110; ¥140; +¥30. ROE: 7.0%; 8.0%; +1.0%.」
The final-year targets under Medium-Term Management Plan 2026 were raised for net sales, operating income, EPS and ROE. Current-year priorities were also made more specific, shifting from measures such as addressing food inflation to restoring the performance of the Australian flour milling and Indian yeast businesses, commercializing R&D results, and realizing the benefits of automation and labor-saving initiatives. - FY2024AdvancedAnnual report
「The numerical targets for FY2026, the final year, are net sales of ¥900 billion, operating profit of ¥48 billion and EPS of ¥110. After taking into account performance progress in the next fiscal year and other factors, we will consider whether these targets need to be revised and plan to announce the results when reporting our second-quarter results for FY2024.」
The company additionally disclosed FY2023 results of ¥858.2 billion in net sales, ¥47.8 billion in operating profit and ¥107 EPS, showing progress toward the FY2026 targets. It also stated that it planned to announce whether the targets would be revised when reporting FY2024 second-quarter results. - FY2024-Q3RestatedAnnual report
「Our group is working to fulfill its mission of ensuring a stable supply of food, including flour, and delivering safe and reliable products in each business. To achieve the “Nisshin Seifun Group Medium-Term Management Plan 2026,” ending in FY2026, our priority initiatives this fiscal year are promoting group growth through business portfolio restructuring, responding to food inflation, restoring the performance of the Australian milling business, environmental initiatives and digital strategy.」
The company continued to pursue Medium-Term Management Plan 2026 and reconfirmed the business portfolio, food inflation, Australian milling, environmental and digital initiatives as its top priorities. - FY2024-Q2RestatedAnnual report
「To achieve the “Nisshin Seifun Group Medium-Term Management Plan 2026” formulated last year, our priority initiatives this fiscal year are promoting group growth through business portfolio restructuring, responding to food inflation, restoring the performance of the Australian milling business, environmental initiatives and digital strategy.」
The company reconfirmed its policy of prioritizing the business portfolio, food inflation, the Australian milling business, environmental initiatives and digital strategy during the fiscal year. - FY2024-Q1RestatedAnnual report
「To achieve the “Nisshin Seifun Group Medium-Term Management Plan 2026” formulated last year, our priority initiatives this fiscal year are promoting group growth through business portfolio restructuring, responding to food inflation, restoring the performance of the Australian milling business, environmental initiatives and digital strategy.」
The company identified five priority issues for achieving Medium-Term Management Plan 2026: business portfolio restructuring, food inflation, the Australian milling business, the environment and digital strategy. - FY2023Additional disclosure of first-year plan resultsAnnual report
「The numerical targets for FY2026, the final year, are net sales of ¥900 billion, operating profit of ¥48 billion and EPS of ¥110. By making strategic investments proactively and continuing to grow EPS, we aim to deliver an appropriate total shareholder return (TSR) to our shareholders.」
The company reiterated the targets of Medium-Term Management Plan 2026 and additionally disclosed FY2022 results of ¥798.7 billion in net sales, ¥32.8 billion in operating profit, negative ¥35 EPS and negative 2.4% ROE. - FY2023-Q3RestatedAnnual report
「In October last year, we formulated and began implementing “Medium-Term Management Plan 2026” to contribute to society through our businesses and continue growing as a core company in the food sector.」
The company continued to implement Medium-Term Management Plan 2026 and manage the business under its three basic policies. - FY2023-Q2ReframedAnnual report
「To contribute to society through our businesses and continue growing as a core food company, we have newly formulated “Medium-Term Management Plan 2026,” covering the five-year period from FY2022 through FY2026. The numerical targets for FY2026, the final year, are net sales of ¥900 billion, operating income of ¥48 billion and EPS of ¥110 per share.」
Following the shortfall under the previous plan and the deferral of its successor, the company formulated “Medium-Term Management Plan 2026” for FY2022–FY2026. It set new FY2026 targets of ¥900 billion in net sales, ¥48 billion in operating income and EPS of ¥110, with basic policies centered on the business portfolio, stakeholders and ESG. - FY2022Consideration of a new medium-term management plan resumedAnnual report
「We are currently considering a new medium-term management plan beginning in 2022. It will be formulated following sufficient discussion under the new president, who took office in June this year.」
The company stated that consideration and formulation of a new medium-term management plan, previously deferred, had resumed on the assumption that it would begin in 2022. The plan had not yet been finalized. - FY2021Final-year targets missed; next plan deferredAnnual report
「In FY2020, the final year of the plan, the performance of the flour milling business and the prepared and ready-to-eat foods business deteriorated due to the impact of COVID-19. This was compounded by a temporary decline in plant construction and the transfer of the pet food business. As a result, net sales were ¥679.4 billion (target: ¥750.0 billion), operating income was ¥27.1 billion (target: ¥30.0 billion), and EPS was ¥64 (target: ¥80). We have prioritized assessing the current business environment and have therefore deferred the formulation of a new medium-term management plan for the time being.」
Final-year net sales, operating income and EPS for the medium-term management plan “NNI-120 II” all fell short of target. The formulation of a new medium-term management plan was temporarily deferred. - FY2020-Q3RestatedAnnual report
「Our group is steadily building the foundation for further growth by treating FY2020, the final year of the medium-term management plan “NNI-120 II,” as a milestone toward realizing the vision set out in the long-term vision “NNI ‘Compass for the Future.’”」
The company continued to position FY2020, the final year of the medium-term plan, as a milestone toward the long-term vision and continued building the foundation for growth. - FY2020-Q2RestatedAnnual report
「Against this backdrop, with the medium-term management plan “NNI-120 II,” ending in FY2020, serving as a milestone, we are pursuing initiatives to realize the long-term vision “NNI ‘Compass for the Future,’” formulated as our compass for the future.」
The company continued its initiatives toward realizing the long-term vision, using the medium-term management plan ending in FY2020 as a milestone. - FY2020-Q1RestatedAnnual report
「We are pursuing initiatives to realize the long-term vision “NNI ‘Compass for the Future,’” formulated as our compass for the future, with the medium-term management plan “NNI-120 II,” ending in FY2020, serving as a milestone.」
The medium-term management plan ending in FY2020 was positioned as a milestone toward realizing the long-term vision, and initiatives continued. - FY2019-Q3RestatedAnnual report
「Against this backdrop, with a view to structural changes across society 10 and 20 years from now, our group formulated the long-term vision “NNI ‘Compass for the Future’: Toward a New Stage—Leveraging Our Collective Strength and Business Model Transformation” as a compass for the future and launched new initiatives. We also worked to achieve the medium-term management plan “NNI-120 II,” ending in FY2020 as a milestone, executing our growth strategy with a sense of urgency in each business through higher value-added products and services and expanded sales, stronger cost competitiveness alongside safety and reliability, and strategic investments in growth areas.」
The company continued to execute higher value-added initiatives, expand sales, strengthen cost competitiveness, ensure safety and reliability, and make strategic investments toward achieving the medium-term management plan ending in FY2020. - FY2019-Q2RestatedAnnual report
「Against this backdrop, with a view to structural changes across society 10 and 20 years from now, our group formulated the long-term vision “NNI ‘Compass for the Future’: Toward a New Stage—Leveraging Our Collective Strength and Business Model Transformation” as a compass for the future and launched new initiatives. We also worked to achieve the medium-term management plan “NNI-120 II,” ending in FY2020 as a milestone, executing our growth strategy with a sense of urgency in each business through higher value-added products and services and expanded sales, stronger cost competitiveness alongside safety and reliability, and strategic investments in growth areas.」
The company continued to pursue its long-term vision and the medium-term management plan ending in FY2020, focusing on higher value-added products, expanded sales, stronger cost competitiveness, safety and reliability, and strategic investments in growth areas. - FY2019-Q1RestatedAnnual report
「Against this backdrop, with a view to structural changes across society 10 and 20 years from now, our group formulated in May the long-term vision “NNI ‘Compass for the Future’: Toward a New Stage—Leveraging Our Collective Strength and Business Model Transformation” as a compass for the future and launched new initiatives. We also promoted the management plan “NNI-120 II,” ending in FY2020 as a milestone, and worked with a sense of urgency to execute our growth strategy in each business, including adding value to products and services and expanding sales, strengthening cost competitiveness while ensuring safety and reliability, and making strategic investments in growth areas.」
The company continued to pursue “NNI-120 II,” ending in FY2020, with execution focused on adding value, expanding sales, strengthening cost competitiveness, ensuring safety and reliability, and making strategic investments in growth areas. - FY2018RestatedAnnual report
「Using this as our compass for the future, we will advance our New Nisshin Innovation activities, with the management plan “NNI-120 II,” ending in FY2020, as a milestone. The performance targets are net sales of ¥750 billion, operating profit of ¥30 billion and EPS of ¥80.」
The company continued to pursue “NNI-120 II,” ending in FY2020, with targets of ¥750 billion in net sales, ¥30 billion in operating profit and ¥80 EPS. - FY2018-Q3RestatedAnnual report
「Under this policy, based on the management plan “NNI-120 II,” ending in FY2020, we are focusing on rebuilding the earnings base of our core businesses while pursuing steady profit growth through the autonomous growth of each business, including acquired businesses, and the execution of new strategic investments.」
The company continued to pursue the management plan ending in FY2020 and its policy of achieving profit growth through core-business restructuring, autonomous growth and new strategic investments. - FY2018-Q2RestatedAnnual report
「Under this policy, based on the new management plan “NNI-120 II,” ending in FY2020, we are focusing on rebuilding the earnings base of our core businesses while pursuing steady profit growth through the autonomous growth of each business, including acquired businesses, and the execution of new strategic investments.」
The company continued to pursue the new management plan ending in FY2020, targeting profit growth through core-business restructuring, autonomous growth and new strategic investments. - FY2018-Q1RestatedAnnual report
「In addition, based on the new management plan “NNI-120 II,” ending in FY2020, we are focusing on rebuilding the earnings base of our core businesses while pursuing steady profit growth through the autonomous growth of each business, including acquired businesses, and the execution of new strategic investments, including M&A. We are also working to further enhance shareholder returns.」
The company continued to pursue the new management plan ending in FY2020 and its basic policies of rebuilding core businesses, achieving autonomous growth, making strategic investments and enhancing shareholder returns. - FY2017RestatedAnnual report
「Based on the new management plan “NNI-120 II,” ending in FY2020, our group is focusing on rebuilding the earnings base of its core businesses while pursuing steady profit growth through the autonomous growth of existing businesses, including acquired businesses, and the execution of new strategic investments. We are also working to further enhance shareholder returns.」
The company continued to pursue the new management plan ending in FY2020 and its basic policies of rebuilding core businesses, achieving autonomous growth, making strategic investments and enhancing shareholder returns. - FY2017-Q3RestatedAnnual report
「Against this backdrop, based on the new management plan “NNI-120 II,” ending in FY2020, our group is focusing on rebuilding the earnings base of its core businesses while pursuing steady profit growth through the autonomous growth of existing businesses, including acquired businesses, and the execution of new strategic investments. We are also working to further enhance shareholder returns.」
The company continued to pursue the new management plan ending in FY2020, with execution focused on rebuilding core businesses, autonomous growth, new strategic investments and shareholder returns. - FY2017-Q2RestatedAnnual report
「Based on the new management plan “NNI-120 II,” announced in May last year and ending in FY2020, our group is focusing on rebuilding the earnings base of its core businesses while pursuing steady profit growth through the autonomous growth of existing businesses, including acquired businesses, and the execution of new strategic investments. We are also working to further enhance shareholder returns.」
The company continued to pursue the new management plan ending in FY2020 and its basic execution policy. - FY2017-Q1RestatedAnnual report
「Based on the new management plan “NNI-120 II,” announced last May and ending in FY2020, we are focusing on rebuilding the earnings base of our core businesses while pursuing steady profit growth through the autonomous growth of our businesses, including acquired businesses, and the execution of new strategic investments. We are also working to enhance shareholder returns.」
The company continues to pursue the new management plan ending in FY2020 and its basic execution policy. The numerical targets were not repeated in this quarterly report. - FY2016First statedAnnual report
「The FY2020 performance targets are net sales of ¥750 billion, operating income of ¥30 billion and earnings per share (EPS) of ¥80. To achieve sustainable growth, we will actively make strategic investments for the future, including M&A and capital expenditure.」
The company established a new management plan ending in FY2020, setting numerical targets for net sales, operating income and EPS, and identifying M&A and capital expenditure as means of achieving them.