Achievement of the Numerical Targets in the Medium-Term Management Plan 2023
First written in FY2022. 1 of 2 entries say "Softened", first in FY2023. Latest entry: FY2023.
NH Foods moved to the "Worse" side of this theme in 2023.
1 other company's latest entry also says "Softened".
- FY2023SoftenedAnnual report
「Net sales for the next fiscal year have been revised to ¥1,260 billion, reflecting the surge in meat prices and the effects of the easing of COVID-19 restrictions, compared with the assumptions made when Medium-Term Management Plan 2023 was formulated. Business profit, meanwhile, has been revised to ¥38 billion due to the impact of soaring raw material and energy prices, among other factors. As a result, the business profit margin on net sales has also been revised to 3.0%. ROE is expected to be 4.6% and ROIC 3.5%, mainly due to the revision to business profit.」
For the final-year targets of Medium-Term Management Plan 2023, net sales were revised from ¥1,220 billion to ¥1,260 billion, while business profit was revised downward from ¥61 billion to ¥38 billion, the profit margin from 5.0% to 3.0%, ROE from 8.0% or higher to 4.6%, and ROIC from 6.0% or higher to 3.5%. - FY2022First statedAnnual report
「In the final year of “Medium-Term Management Plan 2023” (1 April 2021 to 31 March 2024), which began in April 2021, the Group has set targets of consolidated net sales of ¥1,220 billion, business profit of ¥61 billion, a business profit margin of 5.0%, ROE of 8.0% or higher, and ROIC of 6.0% or higher.」
For the fiscal year ending March 2024, the final year of Medium-Term Management Plan 2023, the Company set numerical targets of net sales of ¥1,220 billion, business profit of ¥61 billion, a business profit margin of 5.0%, ROE of 8.0% or higher, and ROIC of 6.0% or higher. In the first year, net sales were ¥1,174.4 billion, business profit was ¥48.1 billion, ROE was 10.5%, and ROIC was 5.0%.