Target of achieving 18% ROA (ordinary profit on total assets)
First written in FY2017. 1 of 4 entries say "Worsened", first in FY2020. Latest entry: FY2021.
The whole theme swung hardest in 2018: 3 of 12 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2021DroppedAnnual reportThis filing does not explicitly state the previous target of an 18% return on assets (ROA) based on ordinary profit. Instead, it presents the consolidated ordinary profit margin target under the medium-term management plan.
- FY2020WorsenedAnnual report
「From the perspective of enhancing corporate value through the effective use of assets, the Group has set a target return on assets (ROA) based on ordinary profit of 18%. The return on assets (ROA) for the consolidated fiscal year was 1.5%, down 8.2% from the previous consolidated fiscal year.」
Continues to target an 18% ROA, while actual ROA fell to 1.5%, a decline of 8.2 percentage points year on year. - FY2019Target not achieved; ROA declinedAnnual report
「From the perspective of enhancing corporate value through the effective use of assets, the Group has set a target return on assets (ROA) based on ordinary profit of 18%. The return on assets (ROA) for the consolidated fiscal year was 9.6%, down 4.1% from the previous consolidated fiscal year.」
Continues to target an 18% ROA, while reporting actual ROA of 9.6%, down 4.1% from the previous fiscal year. - FY2017First statedAnnual report
「Target return on assets (ROA) based on ordinary profit: 18%」
From the perspective of enhancing corporate value through the effective use of assets, ROA is positioned as an important management indicator, with a target of 18%.