V-shaped recovery from the impact of losses in the India business and achievement of “SBS Growth 2017”
First written in FY2016-Q2. 4 of 7 entries say "Restated". Latest entry: FY2017.
14 other companies' latest entry also says "Advanced".
- FY2017AdvancedAnnual report
「In these circumstances, the Group entered the final year of its medium-term management plan “SBS Growth 2017” and worked as one on its business activities to achieve the targets. As a result, it largely achieved the organic growth targets, excluding the growth target through M&A.」
In the final year of “SBS Growth 2017,” the Group largely achieved the organic growth targets excluding the M&A growth target. The filing does not state that the plan as a whole was achieved. - FY2017-Q3RestatedAnnual report
「Amid these conditions, the Group focused on stabilizing the 3PL operations launched in the previous fiscal year and reducing costs through improvement initiatives. At the same time, it actively pursued new projects and the launch of related facilities, working as one toward achieving “SBS Growth 2017,” the four-year medium-term management plan whose final year is the current fiscal year.」
The Group reaffirmed that “SBS Growth 2017” is in its final year and continued pursuing the plan through 3PL stabilization, cost reduction, new project wins and facility launches. - FY2017-Q2RestatedAnnual report
「Amid these conditions, the Group worked as one to ensure the stable operation of the logistics facilities expanded in the previous fiscal year and strongly pursue new 3PL projects, with the aim of achieving “SBS Growth 2017,” the four-year medium-term management plan whose final year is the current fiscal year.」
The filing again states that “SBS Growth 2017” is in its final year. The Group pursued the plan while working to stabilize its logistics facilities and win new 3PL projects. No updated achievement results or target figures were provided. - FY2017-Q1RestatedAnnual report
「As the Group entered the final year of “SBS Growth 2017,” the four-year medium-term management plan launched in fiscal 2014, it worked as one to achieve the targets.」
“SBS Growth 2017” entered its final year, and the Group continued working toward its targets. No additional target figures or achievement results were provided. - FY2016AdvancedAnnual report
「Amid these conditions, the Group worked as one to restore earnings from the impact of losses at overseas subsidiaries in the previous fiscal year and improve its financial position, achieving a degree of success. Net income attributable to owners of the parent increased by ¥8,933 million from the ¥3,815 million net loss recorded in the previous fiscal year to ¥5,118 million, marking a V-shaped recovery. In January 2014, SBS Group formulated “SBS Growth 2017,” a medium-term management plan running through 2017, the year of the Company’s 30th anniversary. The targets are revenue of ¥200 billion and operating income of ¥8 billion. Of these totals, the M&A targets are revenue of ¥45 billion and operating income of ¥1.8 billion, while the organic growth targets are revenue of ¥155 billion and operating income of ¥6.2 billion. The target management metrics are as follows: securing profit from the business: operating margin of 4% or higher; maintaining financial soundness: equity ratio of 30% or higher.」
The Group reported a degree of success in restoring earnings and improving its financial position after processing losses at overseas subsidiaries, and explicitly described a V-shaped recovery in net income. “SBS Growth 2017” remained in progress toward its 2017 target year, with specific targets including revenue of ¥200 billion, operating income of ¥8 billion, an operating margin of at least 4%, and an equity ratio of at least 30%. - FY2016-Q3RestatedAnnual report
「Amid these conditions, the Group focused as one on restoring earnings from the impact of actions taken with respect to overseas subsidiaries in the previous fiscal year.」
The Group continued to focus on restoring earnings from the impact of actions taken with respect to overseas subsidiaries. The plan name “SBS Growth 2017,” cited previously, was not repeated in this filing. - FY2016-Q2First statedAnnual report
「Amid these conditions, the Group identified achieving a V-shaped recovery from the impact of processing losses at its Indian operating company in the previous fiscal year as its top priority. Working as one, the Group also pursued the targets of “SBS Growth 2017,” a four-year medium-term management plan launched in fiscal 2014.」
The Group identified recovery from the impact of processing losses at its Indian operating company as its top priority and stated its policy of pursuing the targets of the four-year plan.