Medium- to long-term ROE targets
First written in FY2016. 3 of 11 entries say "Advanced", first in FY2017. Latest entry: FY2026.
Wellneo Sugar moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 25 of 113 companies on the "Worse" side.
46 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The management targets for the fiscal year ending March 2028, the final year, are operating profit plus share of profit or loss of investments accounted for using the equity method of ¥10,100 million, profit for the year attributable to owners of the parent of ¥7,000 million, and ROE of 9%. In the second year, the current consolidated fiscal year, operating profit plus share of profit or loss of investments accounted for using the equity method was ¥9,742 million, profit for the year attributable to owners of the parent was ¥6,472 million, and ROE was 8.6%.」
Against the fiscal year ending March 2028 target, including ROE of 9%, the company disclosed second-year ROE of 8.6% and its profit results. - FY2025AdvancedAnnual report
「ＲＯＥ 7％ 7.7％ 8％ 9％」
Actual ROE of 7.7% for the fiscal year ending March 2025 exceeded the 7% plan, indicating progress toward the medium-term targets of 8% for the fiscal year ending March 2026 and 9% for the fiscal year ending March 2028. - FY2024ReframedAnnual report
「Quantitative targets (consolidated): fiscal year ending March 2025; fiscal year ending March 2028; ROE: 7%; 9%」
The company revised its previous 8% ROE target for fiscal 2024 and presented new ROE targets of 7% for the fiscal year ending March 2025 and 9% for the fiscal year ending March 2028 in WELLNEO Vision 2027. - FY2023SoftenedAnnual report
「As stated above, the company regards ROE as a core management indicator.」
The policy of using ROE as a core indicator remains in place, but this filing does not state specific targets such as the previously disclosed 8% ROE target for fiscal 2024. ROE for the current fiscal year was disclosed at 1.8%. - FY2022RestatedAnnual report
「The company will review its previous target of achieving ROE of 8% in fiscal 2024 in conjunction with the formulation of its next medium-term management plan, taking into account progress in discussions on the management integration with Itochu Sugar.」
The company continues its policy of reviewing the 8% ROE target for fiscal 2024 in conjunction with its next medium-term management plan, taking into account the discussions on management integration with Itochu Sugar. - FY2021RestatedAnnual report
「The company will review its previous target of achieving ROE of 8% in fiscal 2024 in conjunction with the formulation of its next medium-term management plan and announce the revised target.」
The company reconfirms its policy of reviewing the 8% ROE target for fiscal 2024 in conjunction with its next medium-term management plan. No specific revised target has yet been presented. - FY2020SoftenedAnnual report
「The company regards ROE attributable to owners of the parent as a core indicator related to sustained growth in corporate value. It aims to continuously improve its profit margin, financial leverage and total asset turnover and achieve ROE of 5% for the fiscal year ending March 2020 and 8% for the fiscal year ending March 2025. The ROE targets are scheduled to be revised when the medium-term management plan for the fiscal year ending March 2021 and beyond is formulated, taking into account the impact of the spread of COVID-19 and other factors on the business environment.」
Actual ROE was 4.5%, below the 5% target for the fiscal year ending March 2020, and the company plans to revise its ROE targets when it formulates plans for the fiscal year ending March 2021 and beyond. - FY2019-Q2RestatedAnnual report
「Under its basic policy on capital management, the company seeks to improve ROE over the medium to long term while balancing growth investment with enhanced shareholder returns.」
The company reconfirms its capital management policy of improving ROE over the medium to long term while balancing growth investment and shareholder returns. No specific ROE target is stated. - FY2018SoftenedAnnual report
「The Group regards ROE as a core indicator related to sustained growth in corporate value and aims to achieve ROE of 5% for the fiscal year ending March 2020 and 8% for the fiscal year ending March 2025 through the management strategies described above.」
The ROE targets remain 5% and 8%, but the target periods have changed from the fiscal years ending March 2019 and March 2024 to the fiscal years ending March 2020 and March 2025, respectively. Actual ROE was 3.7% for the fiscal year ended March 2018, and forecast ROE for the fiscal year ending March 2019 was 4.1%. - FY2017AdvancedAnnual report
「The company regards ROE as a core indicator related to sustained growth in corporate value. It aims to continuously improve its profit margin, financial leverage and total asset turnover and achieve ROE of 5% in fiscal 2019 and 8% in fiscal 2024.」
The company states that ROE was 5.1% for the fiscal year ended March 2017, achieving its 5% target for fiscal 2019. Meanwhile, the 8% target for fiscal 2024 remains in place. - FY2016First statedAnnual report
「The Group regards return on equity (ROE) as a core indicator related to sustained growth in corporate value and aims to achieve ROE of 5% in fiscal 2019 and 8% in fiscal 2024 through the management strategies described above.」
ROE is a core indicator, with targets of 5% for fiscal 2019 and 8% for fiscal 2024 set in two stages.