STEP UP 17 targets for accelerating growth and improving profitability
First written in FY2016. 6 of 9 entries say "Restated". Latest entry: FY2018.
19 other companies' latest entry also says "Other".
- FY2018Plan completed; partially unmetAnnual report
「Under “STEP UP 17,” the Group’s focus on selected priority categories and rigorous business portfolio reform meant that net sales fell short of the initial plan, while consolidated operating profit and ROE substantially exceeded it.」
Final-year net sales were ¥1,240.860 billion, below the ¥1,260 billion plan, while operating profit of ¥94.673 billion exceeded the ¥64 billion plan and ROE of 13.1% exceeded the target of at least 8%. The plan therefore concluded with some targets met and others unmet. - FY2018-Q3RestatedAnnual report
「Against this backdrop, the Group entered the final year of its 2015–2017 Group Medium-Term Management Plan, “STEP UP 17.” Based on the priority theme of “accelerating growth and further improving profitability,” it is pursuing initiatives aimed at “strengthening competitive businesses and taking on new growth opportunities,” “strengthening earnings capacity to respond to changes in the operating environment,” “promoting global expansion” and “evolving the management platform.”」
The priority theme and 4 initiatives continued in the final year of STEP UP 17. - FY2018-Q2RestatedAnnual report
「Against this backdrop, the Group entered the final year of its 2015–2017 Group Medium-Term Management Plan, “STEP UP 17.” Based on the priority theme of “accelerating growth and further improving profitability,” it is pursuing initiatives aimed at “strengthening competitive businesses and taking on new growth opportunities,” “strengthening earnings capacity to respond to changes in the operating environment,” “promoting global expansion” and “evolving the management platform.”」
The priority theme and 4 initiatives continued in the final year of STEP UP 17. - FY2018-Q1RestatedAnnual report
「Against this backdrop, the Group entered the final year of its 2015–2017 Group Medium-Term Management Plan, “STEP UP 17.” Based on the priority theme of “accelerating growth and further improving profitability,” it is pursuing initiatives aimed at “strengthening competitive businesses and taking on new growth opportunities,” “strengthening earnings capacity to respond to changes in the operating environment,” “promoting global expansion” and “evolving the management platform.”」
In the final year of STEP UP 17, the Group continued the priority theme and 4 initiatives. - FY2017AdvancedAnnual report
「The final-year targets were net sales of ¥1,260 billion, operating profit of ¥64 billion and ROE of at least 8%. Although the Group worked diligently to achieve them, operating profit and ROE substantially exceeded their targets in both the first and second years, resulting in their achievement ahead of schedule.」
Operating profit and ROE achieved the final-year STEP UP 17 targets ahead of schedule. However, net sales for the fiscal year were ¥1,242.480 billion, below the ¥1,260 billion target. - FY2017-Q3RestatedAnnual report
「Against this backdrop, the Group entered the second year of its 2015–2017 Group Medium-Term Management Plan, “STEP UP 17.” Based on the priority theme of “accelerating growth and further improving profitability,” it continued initiatives aimed at “strengthening competitive businesses and taking on new growth opportunities,” “strengthening earnings capacity to respond to changes in the operating environment,” “promoting global expansion” and “evolving the management platform.”」
The priority theme and 4 initiatives of STEP UP 17 continued through the third quarter of its second year. - FY2017-Q2RestatedAnnual report
「Against this backdrop, the Group entered the second year of its 2015–2017 Group Medium-Term Management Plan, “STEP UP 17.” Based on the priority theme of “accelerating growth and further improving profitability,” it continued initiatives aimed at “strengthening competitive businesses and taking on new growth opportunities,” “strengthening earnings capacity to respond to changes in the operating environment,” “promoting global expansion” and “evolving the management platform.”」
As the second year of STEP UP 17, the Group continued the priority theme and 4 initiatives. - FY2017-Q1RestatedAnnual report
「Against this backdrop, the Group entered the second year of its 2015–2017 Group Medium-Term Management Plan, “STEP UP 17.” Based on the priority theme of “accelerating growth and further improving profitability,” it continued initiatives aimed at “strengthening competitive businesses and taking on new growth opportunities,” “strengthening earnings capacity to respond to changes in the operating environment,” “promoting global expansion” and “evolving the management platform.”」
In the second year of the medium-term management plan, the Group continued pursuing the priority theme and 4 initiatives. - FY2016First statedAnnual report
「Under “STEP UP 17,” “accelerating growth and further improving profitability” was designated as a priority theme. The Group pursued “strengthening competitive businesses and taking on new growth opportunities,” “strengthening earnings capacity to respond to changes in the operating environment,” “promoting global expansion” and “evolving the management platform.” Its financial targets were net sales of ¥1,260 billion, operating profit of ¥64 billion and ROE of at least 8% in the final year.」
The 2015–2017 plan’s priority theme, 4 basic policies and final-year financial targets are confirmed for the first time. The disclosure also states that the operating profit and ROE targets were achieved ahead of schedule in the first year.