Four Basic Policies for Fiscal Years Ending March 2016 through March 2020
First written in FY2016. 20 of 30 entries say "Restated". Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- 2026-08-07RestatedEarnings
「The fiscal year ending March 2027 is the second year of the 4-year Medium-Term Management Plan 2025-28.」
Continued Medium-Term Management Plan 2025-28 as the plan for its second year. - FY2026AdvancedAnnual report
「The medium-term management plan sets three basic policies: growth strategy, structural reform, and organizational culture reform.」
For the first year of the Medium-Term Management Plan 2025-28, results and the outlook for the next fiscal year were disclosed under the three policies of growth strategy, structural reform, and organizational culture reform. - 2026-05-13RestatedRevision of earnings forecasts
「Under the Morinaga Milk Group's Medium-Term Management Plan 2025-28, we are concentrating management resources on growth areas where we can maximize the strengths of our Group, including yogurt, ice cream, bacterial strains such as bifidobacteria, and infant formula for overseas markets, to expand earnings.」
Continued to state the policy of concentrating resources on growth areas under Medium-Term Management Plan 2025-28. - FY2026-H1ReframedAnnual report
「Under the four-year “Medium-Term Management Plan 2025-28” through the fiscal year ending March 2029, the Group is working to realize the “Morinaga Milk Industry Group 10-Year Vision” and move toward its desired future state of becoming “a company with distinctive strengths and high profit margins.”」
The Group changed from the medium-term management plan through the fiscal year ending March 2025 to the “Medium-Term Management Plan 2025-28” through the fiscal year ending March 2029, and established three basic policies: growth strategy, structural reform, and organizational culture reform. - FY2024RaisedAnnual report
「The numerical targets for the final year of the medium-term management plan, the fiscal year ending March 2025, are net sales of ¥570.0 billion, operating profit of ¥30.0 billion, net income attributable to owners of the parent of ¥19.0 billion, an operating margin of 5.3%, ROE (return on equity) of 7.0%, and an overseas net sales ratio of 12.3%.」
The final-year targets for the fiscal year ending March 2025 were raised as follows: net sales from ¥540.0 billion to ¥570.0 billion, operating profit from ¥25.0 billion to ¥30.0 billion, net income from ¥16.0 billion to ¥19.0 billion, operating margin from 4.6% to 5.3%, and ROE from 6% to 7%. Meanwhile, the overseas net sales ratio changed from 13% to 12.3%. - FY2024-Q3RestatedAnnual report
「Under the three-year “Medium-Term Management Plan 2022-24” through the fiscal year ending March 2025, the Group is pursuing both the resolution of social issues and improved profitability based on the following three basic policies: “Achieve sustainable growth through higher value-added businesses”; “Further strengthen the management foundation with a view to the future”; and “A financial strategy focused on efficiency.”」
The medium-term management plan through the fiscal year ending March 2025, its three basic policies, and the pursuit of both the resolution of social issues and improved profitability continue to be upheld. - FY2024-Q1RaisedAnnual report
「Under the three-year “Medium-Term Management Plan 2022-24” through the fiscal year ending March 2025, the Group is pursuing both the resolution of social issues and improved profitability based on the following three basic policies: “Achieve sustainable growth through higher value-added businesses”; “Further strengthen the management foundation with a view to the future”; and “A financial strategy focused on efficiency.” The numerical targets for the final year of the medium-term management plan, the fiscal year ending March 2025, are net sales of ¥540.0 billion, operating profit of ¥25.0 billion, net income attributable to owners of the parent of ¥16.0 billion, an operating margin of 4.6%, ROE (return on equity) of 6%, and an overseas net sales ratio of 13%.」
While continuing to uphold the final-year targets for the fiscal year ending March 2025, the target for net income attributable to owners of the parent was raised from ¥15.4 billion in the previous disclosure to ¥16.0 billion. - FY2023-Q2AdvancedAnnual report
「The numerical targets for the final year of the medium-term management plan, the fiscal year ending March 2025, are net sales of ¥540.0 billion, operating profit of ¥25.0 billion, net income attributable to owners of the parent of ¥15.4 billion, an operating margin of 4.6%, ROE (return on equity) of 6%, and an overseas net sales ratio of 13%.」
The numerical targets for the final year of the “Medium-Term Management Plan 2022-24,” whose disclosure had been postponed through the previous fiscal year, were formulated and disclosed. - FY2023-Q1RestatedAnnual report
「Under the new “Medium-Term Management Plan 2022-24,” which began in the current fiscal year, the Group worked to provide the “health value” and “taste and enjoyment value” unique to it, and, particularly against a backdrop of growing health needs in Japan and overseas, to expand products in the “5 health areas” addressing various health issues, including yogurt and functional ingredients.」
The “Medium-Term Management Plan 2022-24” through the fiscal year ending March 2025 was launched, and initiatives are progressing in line with the plan formulated in the previous fiscal year, including the provision of health value, taste and enjoyment, and the expansion of products in the 5 health areas. - FY2022ReframedAnnual report
「Under the newly formulated three-year medium-term management plan through the fiscal year ending March 2025, we will pursue both the resolution of social issues and improved profitability, based on the following three basic policies: “Achieve sustainable growth through higher value-added businesses”; “Further strengthen the management foundation with a view to the future”; and “A financial strategy focused on efficiency.”」
The Group changed from the medium-term management plan through the fiscal year ending March 2022 to a new medium-term management plan through the fiscal year ending March 2025, and reorganized the basic policies into 3 items. - FY2022-Q3Changed the operating profit forecast for the fiscal year ending March 2022 from ¥31.0 billion to ¥30.0 billionAnnual report
「We formulated and are implementing a medium-term management plan with numerical targets of ¥630.0 billion in net sales and ¥30.0 billion in operating profit. (The above numerical targets were set when the plan was formulated. The forecast for the fiscal year ending March 2022 is net sales of ¥500.0 billion and operating profit of ¥30.0 billion, revised on 9 February 2022.)」
While maintaining the targets set when the medium-term management plan was formulated, the operating profit forecast for the fiscal year ending March 2022 has changed from ¥31.0 billion in the previous forecast to ¥30.0 billion. - FY2022-Q2Changed the net sales forecast for the fiscal year ending March 2022 from ¥502.0 billion to ¥500.0 billionAnnual report
「(The above numerical targets were set when the plan was formulated. The forecast for the fiscal year ending March 2022 is net sales of ¥500.0 billion and operating profit of ¥31.0 billion.)」
While maintaining the medium-term management plan's basic policies and the numerical targets set when the plan was formulated, the net sales forecast for the fiscal year ending March 2022 has changed from ¥502.0 billion in the previous quarter to ¥500.0 billion. - FY2022-Q1RestatedAnnual report
「The current fiscal year is the final year of the three-year medium-term management plan. We will work to further strengthen the Company's operating structure and businesses.」
The medium-term management plan through the fiscal year ending March 2022 will continue as the final year, and the policy of strengthening the Company's operating structure and businesses has been reaffirmed. - FY2021RestatedAnnual report
「Under these visions and policies, we will continue our initiatives in the next fiscal year, the fiscal year ending March 2022 and final year of the medium-term management plan.」
The fiscal year ending March 2022 is positioned as the final year of the medium-term management plan, and the Group has confirmed that it will continue under the three basic policies. - FY2021-Q3RestatedAnnual report
「Beginning in April 2019, under the “Morinaga Milk Industry Group 10-Year Vision,” the Group designated the three years through the fiscal year ending March 2022 as a period for establishing a solid business foundation, set the following three basic policies, and is implementing a medium-term management plan with targets of ¥630.0 billion in net sales and ¥30.0 billion in operating profit: “Achieve sustainable growth by strengthening initiatives across the four business pillars”; “Practice ESG-focused management to realize the corporate philosophy”; and “Further strengthen the management foundation supporting the core of corporate activities.”」
The medium-term management plan through the fiscal year ending March 2022, its three basic policies, and numerical targets of ¥630.0 billion in net sales and ¥30.0 billion in operating profit continue to be upheld. - FY2021-Q1RestatedAnnual report
「We regard the current fiscal year as the most important of the three years for achieving the medium-term plan and will work to further strengthen the Company's operating structure and businesses while responding to a rapidly changing environment.」
While maintaining the medium-term management plan through the fiscal year ending March 2022, its three basic policies, and targets of ¥630.0 billion in net sales and ¥30.0 billion in operating profit, the Group regards the current fiscal year as the “most important year” for achieving the plan. - FY2020RestatedAnnual report
「Based on this approach, we designated the three years through the fiscal year ending March 2022 as a period for establishing a solid business foundation and are implementing a three-year medium-term management plan.」
The medium-term management plan through the fiscal year ending March 2022 and the plan to establish a solid business foundation continue to be pursued. - FY2020-Q3RestatedAnnual report
「Against this backdrop, under the “Morinaga Milk Industry Group 10-Year Vision,” the Group designated the three years through the fiscal year ending March 2022 as a period for establishing a solid business foundation, set the following three basic policies, and is implementing a medium-term management plan with targets of ¥630.0 billion in net sales and ¥30.0 billion in operating profit: “Achieve sustainable growth by strengthening initiatives across the four business pillars”; “Practice ESG-focused management to realize the corporate philosophy”; and “Further strengthen the management foundation supporting the core of corporate activities.”」
The three-year medium-term management plan through the fiscal year ending March 2022, three basic policies, and targets of ¥630.0 billion in net sales and ¥30.0 billion in operating profit continue to be upheld. - FY2020-Q2RestatedAnnual report
「Against this backdrop, under the “Morinaga Milk Industry Group 10-Year Vision,” the Group designated the three years through the fiscal year ending March 2022 as a period for establishing a solid business foundation, set the following three basic policies, and is implementing a medium-term management plan with targets of ¥630.0 billion in net sales and ¥30.0 billion in operating profit: “Achieve sustainable growth by strengthening initiatives across the four business pillars”; “Practice ESG-focused management to realize the corporate philosophy”; and “Further strengthen the management foundation supporting the core of corporate activities.”」
The three-year period through the fiscal year ending March 2022, three basic policies, and targets of ¥630.0 billion in net sales and ¥30.0 billion in operating profit continue to be upheld. - FY2020-Q1RestatedAnnual report
「Against this backdrop, under the “Morinaga Milk Industry Group 10-Year Vision,” the Group designated the three years through the fiscal year ending March 2022 as a period for establishing a solid business foundation, set the following three basic policies, and is implementing a medium-term management plan with targets of ¥630.0 billion in net sales and ¥30.0 billion in operating profit: “Achieve sustainable growth by strengthening initiatives across the four business pillars”; “Practice ESG-focused management to realize the corporate philosophy”; and “Further strengthen the management foundation supporting the core of corporate activities.”」
The new medium-term management plan through the fiscal year ending March 2022, three basic policies, and targets of ¥630.0 billion in net sales and ¥30.0 billion in operating profit continue to be upheld in the current quarter. - FY2019ReframedAnnual report
「Accordingly, we reviewed the plan formulated for the initial five-year period, reconsidered it as a growth strategy for the Group to achieve further sustainable growth, and decided to launch a new three-year medium-term management plan beginning in the fiscal year ending March 2020.」
The medium-term management plan for the fiscal years ending March 2016 through March 2020 was reviewed and changed to a new three-year medium-term management plan beginning in the fiscal year ending March 2020. - FY2019-Q3RestatedAnnual report
「Against this backdrop, the Group continued to address management issues and strengthen its management foundation in the current fiscal year, the fourth year of the medium-term management plan.」
In the fourth year of the medium-term management plan, the Group continued to address management issues and strengthen its management foundation. - FY2019-Q2RestatedAnnual report
「Against this backdrop, the Group continued to address management issues and strengthen its management foundation in the current fiscal year, the fourth year of the medium-term management plan.」
In the fourth year of the medium-term management plan, the Group continued to address management issues and strengthen its management foundation. - FY2019-Q1RestatedAnnual report
「Against this backdrop, the Group continued to address management issues and strengthen its management foundation in the current fiscal year, the fourth year of the medium-term management plan.」
In the fourth year of the medium-term management plan, the Group continued to address management issues and strengthen its management foundation. - FY2018RestatedAnnual report
「Under the medium-term management plan for the fiscal years ending March 2016 through March 2020, the four basic policies were “Rebuild business domains for growth,” “Improve asset efficiency and promote rationalization,” “Strengthen the management foundation,” and “Contribute to society.”」
The plan period and four basic policies continue to be stated, and the Group says it addressed management issues and strengthened its management foundation in the current fiscal year as well. - FY2018-Q3RestatedAnnual report
「Against this backdrop, the Group continued to address management issues and strengthen its management foundation in the current fiscal year, the third year of the medium-term management plan.」
In the third year of the medium-term management plan, the Group continued to address management issues and strengthen its management foundation. - FY2018-Q2RestatedAnnual report
「Against this backdrop, the Group continued to address management issues and strengthen its management foundation in the current fiscal year, the third year of the medium-term management plan.」
In the third year of the medium-term management plan, the Group continued to address management issues and strengthen its management foundation. - FY2018-Q1RestatedAnnual report
「Against this backdrop, the Group continued to address management issues and strengthen its management foundation in the current fiscal year, the third year of the medium-term management plan.」
In the third year of the medium-term management plan, the Group continued to address management issues and strengthen its management foundation. - FY2017RestatedAnnual report
「Under the medium-term management plan for the fiscal years ending March 2016 through March 2020, the four basic policies were “Rebuild business domains for growth,” “Improve asset efficiency and promote rationalization,” “Strengthen the management foundation,” and “Contribute to society.”」
The medium-term management plan period and four basic policies continue to be upheld. - FY2016First statedAnnual report
「Under the medium-term management plan for the fiscal years ending March 2016 through March 2020, the four basic policies were “Rebuild business domains for growth,” “Improve asset efficiency and promote rationalization,” “Strengthen the management foundation,” and “Contribute to society.”」
The plan period and four basic policies are explicitly stated.