Performance Targets under Medium-Term Management Plan 2020
First written in FY2017-Q3. 16 of 29 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
8 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「Meanwhile, in FY2026, the final year of the plan, ordinary profit is expected to fall below the target level, at ¥28 billion, with ROIC of 5.4% and ROE of 6.2%, due to factors including market conditions for imported chicken, which performed well in the previous fiscal year, and the impact of the reversal following the change in the fiscal year-end of the ANZCO business.」
For the final year of the Medium-Term Management Plan 2026, the Group expects ordinary profit of ¥28 billion, ROIC of 5.4%, and ROE of 6.2%, below the previous target levels. Meanwhile, the FY2035 ordinary profit target of ¥50 billion remains unchanged. - 2026-05-01AchievedEarnings presentation
「Medium-term plan quantitative targets achieved one year ahead of schedule [ordinary profit: ¥30.4 billion; ROE: 7.0%; ROIC: 6.2%]」
The company states that its FY2025 results achieved one year ahead of schedule the quantitative targets in Medium-Term Management Plan 2026: ordinary profit of ¥30.0 billion, ROE of 6.2% and ROIC of 5.9%. - FY2025Update to target figuresAnnual report
「The Group has set quantitative targets for FY2026 of ordinary profit of ¥30 billion, ROIC of 5.8%, and ROE of 6.6%. It has also set a long-term target of ordinary profit of ¥50 billion in FY2035.」
The annual report updates the target figures for the Long-Term Management Strategy 2035 and Medium-Term Management Plan 2026, showing FY2026 targets of ordinary profit of ¥30 billion, ROIC of 5.8%, and ROE of 6.6%, and an FY2035 ordinary profit target of ¥50 billion. - FY2025-H1RestatedAnnual report
「There have been no material changes to the management policies, management strategies or other matters established by the Group during the six-month consolidated accounting period.」
The Group explicitly states that there have been no significant changes during the interim consolidated accounting period to its management policies and management strategy, including the Medium-Term Management Plan 2026. - FY2024ReframedAnnual report
「Under the Long-Term Management Strategy 2035 and Medium-Term Management Plan 2026, the Group has set the following targets: FY2026: ordinary profit of ¥30 billion, ROIC of 5.9%, and ROE of 6.2%; FY2035: ordinary profit of ¥50 billion, ROIC of 6.8% or more, and ROE of 8.0% or more.」
The Group has shifted its plan framework from the Medium-Term Management Plan 2023 to the Long-Term Management Strategy 2035 and Medium-Term Management Plan 2026, setting targets for ordinary profit, ROIC, and ROE for FY2026 and FY2035. - FY2024-Q3RestatedAnnual report
「Based on the 4 priority initiatives and financial strategy set out in the Medium-Term Management Plan 2023, the following measures are being implemented.」
The Group continues to implement measures based on the 4 priority initiatives and financial strategy under the Medium-Term Management Plan 2023, stating that there have been no significant changes to the plan's framework. - FY2024-Q2AdvancedAnnual report
「Based on the 4 priority initiatives and financial strategy set out in the Medium-Term Management Plan 2023, the following measures are being implemented. Strengthening the management platform: Implementing organization-wide restructuring by strategic unit and promoting the digital strategy Strengthening the earnings platform: Promoting the reorganization of production and logistics sites and strengthening Wagyu exports Initiatives in new businesses and markets: Strengthening frozen foods, establishing non-meat products, and strengthening the healthcare business Sustainability initiatives: Identifying materialities (key issues), setting KPIs (targets), and promoting initiatives to achieve them」
Specific measures under the 4 priority initiatives of the Medium-Term Management Plan 2023 are listed, including organizational restructuring, digitalization, the reorganization of production and logistics sites, Wagyu exports, frozen foods, non-meat products, healthcare, and KPI setting. - FY2024-Q1RestatedAnnual report
「Based on the 4 priority initiatives and financial strategy set out in the Medium-Term Management Plan 2023, the following measures are being implemented.」
The Group continues to implement measures based on the 4 priority initiatives and financial strategy under the Medium-Term Management Plan 2023. - FY2023SoftenedAnnual report
「Under the Medium-Term Management Plan 2023, the Group has set ordinary profit of ¥20 billion and ROIC of 6.8% or more as its targets.」
The Group's ordinary profit target has been lowered from the ¥30 billion indicated in the previous Medium-Term Management Plan 2023 to ¥20 billion. The ROIC target of 6.8% or more has been maintained. - FY2023-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by our Group during the third quarter of the current consolidated cumulative period.」
The Group explicitly states that there have been no material changes during the quarter to its management policies and management strategies, including Medium-Term Management Plan 2023. - FY2023-Q2AdvancedAnnual report
「In line with the priority initiatives under Medium-Term Management Plan 2023, the Group decided to carry out a group-wide organizational restructuring effective 1 April 2023, with the Company becoming an operating holding company, in order to establish more efficient and competitive business execution and organizational structures, maximize integration benefits and improve growth potential through “strengthening the management foundation” and “strengthening the earnings foundation.” Under “initiatives in new businesses and markets,” it is also working to strengthen its non-meat product lineup and healthcare business. In addition, as part of its “sustainability initiatives,” the Group has set a target of halving greenhouse gas emissions by fiscal 2030 from fiscal 2016 levels and achieving net zero in 2050, and is advancing initiatives toward implementation.」
For Medium-Term Management Plan 2023, the Group reports specific progress, including the decision to undertake an organizational restructuring involving the transition to an operating holding company, the strengthening of its non-meat and healthcare businesses, and the establishment of greenhouse gas reduction targets. - FY2023-Q1RestatedAnnual report
「In Medium-Term Management Plan 2023, the Group has identified four priority initiatives: “strengthening the management foundation,” “strengthening the earnings foundation,” “initiatives in new businesses and markets” and “sustainability initiatives.”」
The Group continues to pursue the four priority initiatives under Medium-Term Management Plan 2023, advancing measures including organizational restructuring, digitalization, the healthcare business and sustainability. - FY2022RestatedAnnual report
「Under Medium-Term Management Plan 2023, the Group has set ordinary profit of ¥30 billion and ROIC of 6.8% or more as Group targets. For fiscal 2022, it targets ordinary profit of ¥24 billion and ROIC of 5.1%.」
The Group continues to target ordinary profit of ¥30 billion and ROIC of 6.8% or more under Medium-Term Management Plan 2023, and has added annual targets for fiscal 2022 of ¥24 billion in ordinary profit and ROIC of 5.1%. - FY2022-Q2RestatedAnnual report
「Against this backdrop, the Group formulated Medium-Term Management Plan 2023, covering the three-year period from fiscal 2021. With “Through our business, we contribute to the realization of a healthy and prosperous society” as its Group philosophy and “A leading food company that values a fair spirit and the challenge of transformation and grows sustainably together with its employees” as its vision, the Group will steadily implement four priority initiatives: “strengthening the management foundation,” “strengthening the earnings foundation,” “initiatives in new businesses and markets” and “sustainability initiatives,” with a view to achieving further growth and development by “breaking away from conventional thinking” and “reaffirming its strengths.”」
The Group has indicated its policy of continuing to steadily implement Medium-Term Management Plan 2023, covering three years from fiscal 2021, and its four priority initiatives. - FY2022-Q1ReframedAnnual report
「Against this backdrop, the Group formulated Medium-Term Management Plan 2023, covering the three-year period from fiscal 2021. With “Through our business, we contribute to the realization of a healthy and prosperous society” as its Group philosophy and “A leading food company that values a fair spirit and the challenge of transformation and grows sustainably together with its employees” as its vision, the Group aims for further growth and development by “breaking away from conventional thinking” and “reaffirming its strengths.” It will implement initiatives in four areas: “strengthening the management foundation,” “strengthening the earnings foundation,” “initiatives in new businesses and markets” and “sustainability initiatives,” thereby enhancing its competitiveness and growth potential.」
The Group has shifted its planning framework from the previous Medium-Term Management Plan 2020 to Medium-Term Management Plan 2023, covering three years from fiscal 2021, and has identified four priority areas. - FY2021-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by our Group during the third quarter of the current consolidated cumulative period.」
The Group explicitly states that there have been no material changes to its management policies, management strategies or other related matters, and continues its previous policies, including Medium-Term Management Plan 2020. - FY2021-Q1RestatedAnnual report
「Against this backdrop, the Group has adopted “Through our business, we contribute to the realization of a healthy and prosperous society” as its Group philosophy and “A leading food company that values a fair spirit and the challenge of transformation and grows sustainably together with its employees” as its vision, and is implementing the measures and other initiatives set out in Medium-Term Management Plan 2020 with a spirit of challenge.」
The Group continues to explicitly state that it is implementing the measures set out in Medium-Term Management Plan 2020. This filing does not restate the previous numerical targets themselves. - FY2020SoftenedAnnual report
「The Group targets net sales of ¥830 billion and ordinary profit of ¥16 billion for fiscal 2020.」
Against the previous targets under Medium-Term Management Plan 2020 of ¥1 trillion in net sales, ¥30 billion in ordinary profit and an ordinary profit margin of 3% or more, the Group states targets for fiscal 2020 of ¥830 billion in net sales and ¥16 billion in ordinary profit. - FY2020-Q2RestatedAnnual report
「The Group is implementing the measures and other initiatives set out in Medium-Term Management Plan 2020, with targets of ¥1 trillion in net sales, ¥30 billion in ordinary profit and an ordinary profit margin of 3% or more.」
Based on Medium-Term Management Plan 2020, the Group continues to pursue performance targets of ¥1 trillion in net sales, ¥30 billion in ordinary profit and an ordinary profit margin of 3% or more. - FY2020-Q1RestatedAnnual report
「With a spirit of challenge, the Group is implementing the measures and other initiatives set out in Medium-Term Management Plan 2020 and aims to achieve the plan’s performance targets for its final year, the fiscal year ending March 2021, of ¥1 trillion in net sales, ¥30 billion in ordinary profit and an ordinary profit margin of 3% or more.」
The Group continues to set targets of ¥1 trillion in net sales, ¥30 billion in ordinary profit and an ordinary profit margin of 3% or more for the final year of Medium-Term Management Plan 2020, the fiscal year ending March 2021. - FY2019SoftenedAnnual report
「Under Medium-Term Management Plan 2020, the Group has set consolidated net sales of ¥1 trillion and an ordinary profit margin of 3% or more for fiscal 2020 as Group targets.」
The target of ¥1 trillion in net sales and an ordinary profit margin of 3% or more for fiscal 2020 is stated, while the ¥30 billion ordinary profit target explicitly included in the immediately preceding quarterly report and other disclosures has been omitted from the targets in this annual securities report. - FY2019-Q3RestatedAnnual report
「We are working as a unified Group to achieve the performance targets of ¥1 trillion in revenue, ¥30 billion in ordinary profit and an ordinary profit margin of at least 3% in the fiscal year ending March 2021, the final year of this plan.」
The Group continues to set targets under Medium-Term Management Plan 2020 for the fiscal year ending March 2021 of ¥1 trillion in net sales, ¥30 billion in ordinary profit and an ordinary profit margin of 3% or more. - FY2019-Q2RestatedAnnual report
「We are working as a unified Group to achieve the performance targets of ¥1 trillion in revenue, ¥30 billion in ordinary profit and an ordinary profit margin of at least 3% in the fiscal year ending March 2021, the final year of this plan.」
The Group continues to set targets under Medium-Term Management Plan 2020 for the fiscal year ending March 2021 of ¥1 trillion in net sales, ¥30 billion in ordinary profit and an ordinary profit margin of 3% or more. - FY2019-Q1RestatedAnnual report
「We are working as a unified Group to achieve the performance targets of ¥1 trillion in revenue, ¥30 billion in ordinary profit and an ordinary profit margin of at least 3% in the fiscal year ending March 2021, the final year of this plan.」
The Group continues to set targets of ¥1 trillion in net sales, ¥30 billion in ordinary profit and an ordinary profit margin of 3% or more for the final year of Medium-Term Management Plan 2020, the fiscal year ending March 2021. - FY2018SoftenedAnnual report
「Under Medium-Term Management Plan 2020, the Group has set consolidated net sales of ¥1 trillion and ordinary profit of ¥30 billion or more for fiscal 2020 as Group targets.」
While the targets of ¥1 trillion in net sales and ordinary profit of ¥30 billion or more remain, the target of an ordinary profit margin of 3% or more, explicitly stated in the immediately preceding quarterly report, has been omitted from the targets disclosed here. - FY2018-Q3RestatedAnnual report
「We are working as a unified Group to realize the maximum possible synergies, achieve the performance targets of ¥1 trillion in revenue, ¥30 billion in ordinary profit and an ordinary profit margin of at least 3% by the fiscal year ending March 2021, the final year of this plan, and become a leading company in the industry in both name and substance.」
The Group continues to set targets under Medium-Term Management Plan 2020 of ¥1 trillion in net sales, ¥30 billion in ordinary profit and an ordinary profit margin of 3% or more through the fiscal year ending March 2021. - FY2018-Q1RestatedAnnual report
「We are working as a unified Group to realize the maximum possible synergies, achieve the performance targets of ¥1 trillion in revenue, ¥30 billion in ordinary profit and an ordinary profit margin of at least 3% by the fiscal year ending March 2021, the final year of this plan, and become a leading company in the industry in both name and substance.」
The Group continues to set targets of ¥1 trillion in net sales, ¥30 billion in ordinary profit and an ordinary profit margin of 3% or more for the final year of Medium-Term Management Plan 2020, the fiscal year ending March 2021. - FY2017SoftenedAnnual report
「Under Medium-Term Management Plan 2020, the Group has set consolidated net sales of ¥1 trillion and ordinary profit of ¥30 billion or more for fiscal 2020 as Group targets.」
The targets of ¥1 trillion in net sales and ordinary profit of ¥30 billion or more for fiscal 2020 remain, while the target of an ordinary profit margin of 3% or more, stated previously, is not included in the target section of this filing. - FY2017-Q3First statedAnnual report
「Against this backdrop, the Group formulated Medium-Term Management Plan 2020, covering the five-year period from fiscal 2016, and announced it on 9 November 2016. Under the Group philosophy, “Through our business, we contribute to the realization of a healthy and prosperous society,” the plan adopts “expansion of business scale” and “greater efficiency and stronger competitiveness” as its basic strategies. While strengthening its response to growth markets and expanding existing businesses, the Group is pursuing synergies from management integration, advancing “stronger cost competitiveness” and “functional reorganization,” and working as one toward the plan’s performance targets of ¥1 trillion in net sales, ¥30 billion in ordinary profit and an ordinary profit margin of 3% or more.」
The Group first disclosed Medium-Term Management Plan 2020, covering five years from fiscal 2016, and set performance targets of ¥1 trillion in net sales, ¥30 billion in ordinary profit and an ordinary profit margin of 3% or more, with expansion of business scale and greater efficiency and stronger competitiveness as its basic strategies.