FY2020 ROE, Operating Profit and EPS Targets
First written in FY2017. 8 of 13 entries say "Restated". Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021Explicit statement that management targets were not achievedAnnual report
「ROE (return on equity) 10.0% 8.8% 7.3% 10.5% 7.0% Operating profit growth CAGR at least 6.0% 4.0% −3.0% 6.2% −2.3% EPS CAGR at least 8.0% 13.5% −2.2% 10.6% −2.3%」
For fiscal 2021, actual ROE was 7.0%, operating profit growth CAGR was negative 2.3% and EPS CAGR was negative 2.3%, meaning the fiscal 2020 targets were not achieved. - FY2020AdvancedAnnual report
「ROE (return on equity) Fiscal 2017 actual 8.8% Fiscal 2018 actual 7.3% Fiscal 2019 actual 10.5% Fiscal 2020 forecast 7.2% Fiscal 2020 target 10.0%」
The company discloses fiscal 2019 actual ROE of 10.5%, an operating profit growth CAGR of 9.5% and an EPS CAGR of 10.6%, comparing progress against the fiscal 2020 targets. Meanwhile, fiscal 2020 forecasts are ROE of 7.2%, operating profit growth of negative 0.5% and EPS CAGR of negative 1.3%. - FY2020-Q3RestatedAnnual report
「To ensure these reforms are fully implemented, we have formulated the medium-term management plan “Towards a Further Leap 2020,” which sets clear targets for fiscal 2020,」
The company continues to advance the medium-term management plan that set clear targets for fiscal 2020, including in the plan’s third year. - FY2020-Q2RestatedAnnual report
「To ensure these reforms are fully implemented, we have formulated the medium-term management plan “Towards a Further Leap 2020,” which sets clear targets for fiscal 2020, and as a group we are working even more actively to enhance corporate value and maximize common shareholder interests.」
The company continues to advance the medium-term management plan that set clear targets for fiscal 2020, including in the plan’s third year. - FY2020-Q1RestatedAnnual report
「To ensure these reforms are fully implemented, we have formulated the medium-term management plan “Towards a Further Leap 2020,” which sets clear targets for fiscal 2020,」
The company continues to advance the medium-term management plan that set clear targets for fiscal 2020, including in the plan’s third year. - FY2019AdvancedAnnual report
「ROE (return on equity) Fiscal 2017 actual 8.8% Fiscal 2018 actual 7.3% Fiscal 2019 forecast 9.4% Fiscal 2020 target 10.0%」
For the medium-term management plan metrics, the company discloses fiscal 2018 actual results and fiscal 2019 forecasts against the fiscal 2020 targets. Operating profit growth was negative 9.5% in fiscal 2018 and is forecast at positive 29.5% in fiscal 2019, while EPS was ¥134.75 in fiscal 2018 and is forecast at ¥176.83 in fiscal 2019. - FY2019-Q3RestatedAnnual report
「To ensure the reforms are fully implemented, we have formulated the medium-term management plan “Towards a Further Leap 2020,” which sets clear targets for fiscal 2020.」
The company continues to advance the medium-term management plan that set clear targets for fiscal 2020, but no new numerical targets are presented. - FY2019-Q2RestatedAnnual report
「In addition, fiscal 2018 is the second year of the medium-term management plan “Towards a Further Leap 2020” (fiscal 2017 to fiscal 2020) and is positioned as a period for building an important foundation for achieving sustainable growth.」
As the second year of the medium-term management plan, the company continues to advance the plan that set clear targets for fiscal 2020. No new numerical targets are presented. - FY2019-Q1RestatedAnnual report
「To ensure the reforms are fully implemented, we have formulated the medium-term management plan “Towards a Further Leap 2020,” which sets clear targets for fiscal 2020.」
The company continues to advance the medium-term management plan that set clear targets for fiscal 2020, but this quarterly report does not present any new numerical targets. - FY2018AdvancedAnnual report
「Fiscal 2018 is positioned as an important year for putting in place the measures needed to connect “Transition” with “Conclusion” as “Continuation,” and targets of ¥322.0 billion in net sales and ¥21.3 billion in operating profit have been set. However, we recognize that there is a significant gap between these targets and the desired position for fiscal 2020 aimed at achieving the “Leap,” and that we must take on transformation with a constant sense of urgency, as we cannot survive by simply maintaining the status quo.」
Based on the results for fiscal 2017, the first year of the medium-term plan, the company explicitly states the gap between its fiscal 2018 targets of ¥322.0 billion in net sales and ¥21.3 billion in operating profit and its fiscal 2020 targets. It also discloses actual ROE of 8.8%, an operating profit growth CAGR of 4.0% and an EPS CAGR of 7.6%. - FY2018-Q3RestatedAnnual report
「The Company reviewed its previous rolling approach and formulated the Medium-Term Management Plan “Towards a Further Leap 2020,” incorporating reforms and strategies to establish a strong global presence and become a leading company worldwide, and clarifying its targets for fiscal 2020.」
The company continues to advance the fixed-format medium-term management plan that set clear targets for fiscal 2020, but no new numerical targets are stated. - FY2018-Q2RestatedAnnual report
「The Company reviewed its previous rolling approach and formulated the Medium-Term Management Plan “Towards a Further Leap 2020,” incorporating reforms and strategies to establish a strong global presence and become a leading company worldwide, and clarifying its targets for fiscal 2020.」
The company continues to implement the medium-term management plan that set clear targets for fiscal 2020, but no new numerical targets are stated. - FY2017First statedAnnual report
「Management targets (fiscal 2020) ROE (return on equity) 10% Operating profit growth rate CAGR of at least 6% EPS CAGR of at least 8%」
The fixed-format medium-term management plan, “Towards a Further Leap 2020,” sets out numerical targets for ROE, operating profit growth and EPS growth for fiscal 2020 for the first time.