Medium- to long-term ROE target of 6% or more
First written in FY2018. 3 of 8 entries say "Worsened", first in FY2022. Latest entry: FY2026.
Cawachi Limited moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 27 of 114 companies on the "Worse" side.
17 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「As a result, the return on equity was 2.8%, down 1.5 percentage points from the previous fiscal year.」
Against the medium- to long-term ROE target of 6% or higher, actual ROE declined from 4.3% in the previous fiscal year to 2.8%, below the target level. - FY2025RestatedAnnual report
「To enhance shareholder value, the Group places importance on securing an appropriate level of operating income and targets medium- to long-term ROE (return on equity) of 6% or higher.」
The company continues to target a medium- to long-term ROE of 6% or higher. ROE for the fiscal year was 4.3%, below the target level. - FY2023WorsenedAnnual report
「As a result, return on equity was 3.9%, a decrease of 0.8 percentage points from the previous fiscal year.」
The medium- to long-term ROE target of 6% or higher remains in place, but actual ROE declined from 4.7% in the previous fiscal year to 3.9%, falling below the target level. - FY2022WorsenedAnnual report
「As a result, return on equity was 4.7%, a decrease of 2.6 percentage points from the previous fiscal year.」
The medium- to long-term ROE target of 6% or higher remains in place, but actual ROE declined from 7.3% in the previous fiscal year to 4.7%, falling below the target level. - FY2021AdvancedAnnual report
「As a result, return on equity was 7.3%, an increase of 3.2 percentage points from the previous fiscal year.」
Against the medium- to long-term ROE target of 6% or higher, actual ROE rose from 4.1% in the previous fiscal year to 7.3%, exceeding the target level for the year. - FY2020AdvancedAnnual report
「As a result, return on equity was 4.1%, an increase of 1.9 percentage points from the previous fiscal year.」
The medium- to long-term ROE target of 6% or higher remains in place. Actual ROE improved from 2.2% in the previous fiscal year to 4.1%, but remained below the target. - FY2019RestatedAnnual report
「To enhance shareholder value, the Group places importance on securing an appropriate level of operating income and targets medium- to long-term ROE (return on equity) of 6% or higher.」
The medium- to long-term ROE target of 6% or higher is maintained. ROE for the year was 2.2%, with no change to the target itself and no deadline added. - FY2018First statedAnnual report
「To enhance shareholder value, the Group places importance on securing an appropriate level of operating income and targets medium- to long-term ROE (return on equity) of 6% or higher.」
For the first time, a management target of medium- to long-term ROE of 6% or higher is explicitly stated as part of efforts to enhance shareholder value.