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Core (2359) · TargetRevenue target missed; profit targets achieved

Targets for Higher Net Sales and Profits for the Fiscal Year Ending March 2022

First written in FY2021. 3 of 5 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2022.

5entries
2years
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2022-Q1 – FY2022-Q32021: 320212022: 22022
Same theme, other companies
Consolidated Earnings Forecast for the Fiscal Year Ending March 2022A theme 36 companies write about · 8 as a headwind · 15 as a tailwind

The whole theme swung hardest in 2023: 1 of 6 companies on the "Worse" side.

9 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 36 companies compared. The sentences above are computed from all 36.
Full recordFilings, disclosures and news, newest first
  1. FY2022Revenue target missed; profit targets achievedAnnual report

    「As a result, net sales for the current fiscal year were ¥21,798 million, up 4.9% year on year, operating profit was ¥2,367 million, up 16.5%, ordinary profit was ¥2,451 million, up 16.0%, and net income attributable to owners of the parent was ¥1,622 million, up 14.0%.」

    Against the targets for the fiscal year ending March 2022, net sales fell short of the ¥22,000 million target, while operating profit of ¥2,200 million, ordinary profit of ¥2,250 million and net income attributable to owners of the parent of ¥1,550 million exceeded their respective targets.
  2. FY2022-Q3AdvancedAnnual report

    「As its growth strategy for each business segment, the Solutions Business sought further business development by strengthening collaboration and expanding scale across 7 business fields identified as core businesses: media, public sector, healthcare, GNSS, IoT (AI), energy and DX Insight, and by providing valuable solutions to customers. As a result, net sales for the first three quarters of the current fiscal year were ¥16,118 million, up 13.5% year on year, operating profit was ¥1,771 million, up 46.1%, ordinary profit was ¥1,846 million, up 44.3%, and quarterly net income attributable to owners of the parent was ¥1,256 million, up 44.0%.」

    For the cumulative third-quarter results toward the full-year targets for the fiscal year ending March 2022, the company recorded net sales of ¥16,118 million, operating profit of ¥1,771 million, ordinary profit of ¥1,846 million and quarterly net income attributable to owners of the parent of ¥1,256 million. Each profit measure exceeded the previous year's level as collaboration and expansion across 7 fields progressed.
  3. FY2022-Q2AdvancedAnnual report

    「As its growth strategy for each business segment, the Solutions Business sought further business development by strengthening collaboration and expanding scale across 7 business fields identified as core businesses: media, public sector, healthcare, GNSS, IoT (AI), energy and DX Insight, and by providing valuable solutions to customers. As a result, net sales for the first half of the current fiscal year were ¥10,439 million, up 11.2% year on year, operating profit was ¥1,031 million, up 45.5%, ordinary profit was ¥1,097 million, up 44.7%, and quarterly net income attributable to owners of the parent was ¥744 million, up 42.5%.」

    For the cumulative second-quarter results toward the targets for the fiscal year ending March 2022, the company recorded net sales of ¥10,439 million, operating profit of ¥1,031 million, ordinary profit of ¥1,097 million and quarterly net income attributable to owners of the parent of ¥744 million. Each profit measure exceeded the previous year's level as collaboration and expansion across 7 fields progressed. The method of recognizing net sales and other items has been changed due to the application of the revenue recognition standard.
  4. FY2022-Q1AdvancedAnnual report

    「As its growth strategy for each business segment, the Solutions Business sought further business development by strengthening collaboration and expanding scale across 7 business fields identified as core businesses: media, public sector, healthcare, GNSS, IoT (AI), energy and DX Insight, and by providing valuable solutions to customers. As a result, net sales for the first quarter of the current fiscal year were ¥5,000 million, up 14.8% year on year, operating profit was ¥433 million, up 118.7%, ordinary profit was ¥457 million, up 102.4%, and quarterly net income attributable to owners of the parent was ¥309 million, up 98.5%.」

    As the first-quarter results toward the targets for the fiscal year ending March 2022, the company recorded net sales of ¥5,000 million, operating profit of ¥433 million, ordinary profit of ¥457 million and quarterly net income attributable to owners of the parent of ¥309 million. Although collaboration and expansion across 7 fields are progressing, the application of the revenue recognition standard has resulted in the earlier recognition of revenue and profit.
  5. FY2021First statedAnnual report

    「Accordingly, for the fiscal year ending March 2022, we forecast net sales of ¥22,000 million, up 5.8% year on year, operating profit of ¥2,200 million, up 8.3%, ordinary profit of ¥2,250 million, up 6.4%, and net income attributable to owners of the parent of ¥1,550 million, up 8.9%.」

    For the fiscal year ending March 2022, the company newly set specific performance targets of ¥22.0 billion in net sales, ¥2.2 billion in operating profit, ¥2.25 billion in ordinary profit and ¥1.55 billion in net income attributable to owners of the parent. It also cited becoming a solutions manufacturer, collaboration and expansion across 7 fields, deeper development in 6 priority fields, human resources development and research and development investment as measures to achieve these targets.
Moved together

"Expansion of New Solution Businesses, Including Media and GNSS" moved the same way as this thread, in the same document, in 3 of its 5 moves.

333332★123456
  1. ★This thread
  2. 1Expansion of New Solution Businesses, Including Media and GNSS3×
  3. 2Operating margin of 8% or higher and equity ratio of 50% or higher3×
  4. 3Transition from Passive System Development to Proactive Solution Delivery3×
  5. 4Cross-Functional Expansion Across Five Core Business Areas3×
  6. 5Consultative sales to new and existing customers and improved customer satisfaction3×
  7. 6Executive Incentives through Restricted Stock Compensation2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Core's next results are scheduled for 2026-10-28. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Targets for Higher Net Sales and Profits for the Fiscal Year Ending March 2022 | CORE CORPORATION (2359) | Komori