Pursuing High ROE, Operating Margin on Sales and a Highly Profitable Business Structure
First written in FY2017. 2 of 12 entries say "Softened", first in FY2019. Latest entry: 2026-05-21.
Systena moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 5 of 19 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- 2026-05-21ReframedEarnings presentation
「Management indicators targeted 1. Stable, high dividends 2. High return on equity 3. High operating margin」
Rather than the previous numerical targets of a 15% operating margin and 25% ROE, the company lists stable, high dividends, high return on equity and a high operating margin as its management indicators. - FY2025DroppedAnnual report
「Return on equity (%) 20.6 21.6 22.9 20.0 24.0」
Although ROE of 24.0% for the fiscal year ended March 2025 has been disclosed, this filing does not reiterate the previous targets for the fiscal year ending March 2025 of 25% ROE and a 15% operating margin. - FY2024Targets maintained; results declinedAnnual report
「For the fiscal year ending March 2025, the company targets a 15% operating margin and return on shareholders' equity of 25%, with the trends in related metrics as follows.」
While maintaining its targets for the fiscal year ending March 2025 of a 15% operating margin and 25% ROE, the company reported an operating margin of 12.6% and ROE of 20.0% for the fiscal year ended March 2024. - FY2023Targets maintained; results updatedAnnual report
「For the fiscal year ending March 2025, the company targets a 15% operating margin and return on shareholders' equity of 25%, with the trends in related metrics as follows.」
The company maintained its targets for the fiscal year ending March 2025 of a 15% operating margin and 25% ROE, and reported an operating margin of 13.2% and ROE of 22.9% for the fiscal year ended March 2023. - FY2022AdvancedAnnual report
「For the fiscal year ending March 2025, the company targets a 15% operating margin and return on shareholders' equity of 25%, with the trends in related metrics as follows.」
While maintaining its targets for the fiscal year ending March 2025 of a 15% operating margin and 25% ROE, the company reported an operating margin of 14.0% and ROE of 21.6% for the fiscal year ended March 2022. - FY2021SoftenedAnnual report
「For the fiscal year ending March 2025, the company targets a 15% operating margin and return on shareholders' equity of 25%, with the trends in related metrics as follows.」
The numerical targets of a 15% operating margin and 25% ROE were maintained, while the target year was extended from the fiscal year ended March 2024 to the fiscal year ending March 2025. - FY2020AdvancedAnnual report
「For the fiscal year ending March 2024, the company targets a 15% operating margin and return on shareholders' equity of 25%, with the trends in related metrics as follows.」
The company maintained its targets of a 15% operating margin and 25% ROE for the fiscal year ended March 2024, and reported an operating margin of 12.6% and ROE of 25.5% for the fiscal year ended March 2020. - FY2020-Q3RestatedAnnual report
「Under these circumstances, our group is implementing a new medium-term management plan targeting consolidated sales of ¥101.0 billion, operating income of ¥15.2 billion, a 20% improvement in productivity, an operating margin of 15% and ROE of 25% in the fiscal year ending March 2024, five years from then. To achieve these targets, we are pursuing a management strategy centered on "data-driven management" (*1), strengthening sales, expanding our proprietary products and services, making focused investments in growth fields, and restructuring existing businesses, while actively expanding overseas operations through our IoT business and encryption security business, which are investment and development businesses in the United States.」
The company reiterates its targets for the fiscal year ended March 2024 of sales of ¥101.0 billion, operating income of ¥15.2 billion, a 15% operating margin, ROE of 25% and a 20% improvement in productivity, along with the means of achieving them. - FY2020-Q1RestatedAnnual report
「Five years from now, the company targets consolidated sales of ¥101.0 billion, operating income of ¥15.2 billion, a 20% improvement in productivity and an operating margin of 15%, as well as ROE of 25%. To achieve these targets, it is pursuing a management strategy centered on "data-driven management" (*1), strengthening sales, expanding its proprietary products and services, making focused investments in growth fields, and restructuring existing businesses, while actively expanding overseas operations through its IoT business and encryption security business, which are investment and development businesses in the United States.」
The company reconfirms its targets of a 15% operating margin, 25% ROE and a 20% improvement in productivity, along with the means of achieving them through data-driven management, business restructuring, investment in growth fields and overseas expansion. - FY2019SoftenedAnnual report
「For the fiscal year ending March 2024, the company aims for an operating margin of 15% and return on shareholders' equity of 25%.」
The company set targets of a 15% operating margin and 25% ROE for the fiscal year ended March 2024. Compared with the target of an operating margin of at least 20% set in the previous fiscal year, the wording of the operating-margin target has been lowered. - FY2018RaisedAnnual report
「The issues to be addressed are to rapidly reallocate management resources to these high-growth, high-profit-potential fields, actively promote collaboration with overseas business partners engaged in IoT platforms and encryption, as well as with the company's proprietary products and services, build a recurring-revenue business, and rapidly restructure its business domains by targeting an operating margin of at least 20%, up from just under 10%. The company will also actively invest in growth fields and formulate and implement sales strategies to win.」
In addition to its existing targets of high ROE, a high operating margin and a highly profitable business structure, the company specifies a numerical target of raising the current operating margin from just under 10% to at least 20%, along with measures including resource reallocation, collaboration and conversion to a recurring-revenue business model. - FY2017First statedAnnual report
「Our group aims to provide stable, high dividends and achieve high returns on shareholders' equity and a high operating margin. To this end, in line with our basic management policy of emphasizing a balance between stability and growth, we will pursue a highly profitable business structure.」
The company has stated for the first time that it aims to achieve stable, high dividends, high returns on shareholders' equity, a high operating margin and a highly profitable business structure.