Komori
Watts (2735) · PolicyRaisedLatest Earnings (2026-10-09): "Advanced"

Focus on Net Sales Ordinary Profit Margin and ROE

First written in FY2017. 4 of 11 entries say "Softened", first in FY2019. Latest entry: 2026-10-09.

11entries
10years
3from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2017 – FY2018SoftenedFY2021 – FY2023RaisedFY20242017: 12018: 120182019: 120192020: 120202021: 120212022: 120222023: 120232024: 120242025: 020252026: 32026
Same theme, other companies
Improving ROE and the Ordinary Profit Margin on SalesA theme 44 companies write about · 2 as a headwind · 45 as a tailwind

Watts moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.

The whole theme swung hardest in 2018: 4 of 33 companies on the "Worse" side.

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

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 44 companies compared. The sentences above are computed from all 44.
Full recordFilings, disclosures and news, newest first
  1. FY2024RaisedAnnual report

    「Based on current conditions, we have set the targets for the next fiscal year at 2.1% and 7.8%, respectively, while over the medium term we intend to target 5.0% and 10.0%, respectively.」

    中期目標は売上高経常利益率5.0%・ROE10.0%を維持しつつ、次期計画を前回の0.7%・2.3%から2.1%・7.8%へ引き上げた。
  2. FY2023SoftenedAnnual report

    「Based on current conditions, we have set the targets for the next fiscal year at 0.7% and 2.3%, respectively, while over the medium term we intend to target 5.0% and 10.0%, respectively.」

    中期目標の売上高経常利益率5.0%・ROE10.0%は維持した一方、次期計画は前回の1.4%・4.4%から0.7%・2.3%へ低下した。
  3. FY2022SoftenedAnnual report

    「Based on current conditions, we have set the targets for the next fiscal year at 1.4% and 4.4%, respectively, while over the medium term we intend to target 5.0% and 10.0%, respectively.」

    中期目標の売上高経常利益率5.0%・ROE10.0%は維持した一方、次期計画は前回の1.6%・4.5%から1.4%・4.4%へ低下した。
  4. FY2021SoftenedAnnual report

    「Based on current conditions, we have set the targets for the next fiscal year at 1.6% and 4.5%, respectively, while over the medium term we intend to target 5.0% and 10.0%, respectively.」

    中期目標の売上高経常利益率5.0%・ROE10.0%は維持した一方、次期計画は前回の2.0%・6.9%から1.6%・4.5%へ低下した。
  5. FY2020RaisedAnnual report

    「Based on current conditions, we have set the targets for the next fiscal year at 2.0% and 6.9%, respectively, while over the medium term we intend to target 5.0% and 10.0%, respectively.」

    中期目標は売上高経常利益率5.0%、ROE10.0%で維持しつつ、次期計画を前回の1.5%・3.4%から2.0%・6.9%へ引き上げた。
  6. FY2019SoftenedAnnual report

    「Based on current conditions, we have set the targets for the next fiscal year at 1.5% and 3.4%, respectively, while over the medium term we intend to target 5.0% and 10.0%, respectively.」

    中期目標は売上高経常利益率5.0%、ROE10.0%で維持された一方、次期計画は前回の2.1%・6.1%から1.5%・3.4%へ低下した。
  7. FY2018Numerical targets specifiedAnnual report

    「足元の状況を踏まえ、次期の計画はそれぞれ2.1%及び6.1%としておりますが、中期的にはそれぞれ5.0%、10.0%を目指してまいりたいと考えております。」

    売上高経常利益率とROEについて、次期計画を2.1%・6.1%、中期目標を5.0%・10.0%と初めて具体的に示している。
  8. FY2017First statedAnnual report

    「We continually pursue profitability through greater management efficiency and place emphasis on ordinary profit margin and return on equity (ROE) as management indicators.」

    Introduces ordinary profit margin and ROE as key management indicators for assessing profitability.
Moved together

"Strengthening Profitability" moved the same way as this thread, in the same document, in 6 of its 11 moves.

653333★123456
  1. ★This thread
  2. 1Strengthening Profitability6×
  3. 2Maintaining Stable Dividends5×
  4. 3Rollout of the New ¥100 Shops Watts and Watts with3×
  5. 4Expanding the Domestic ¥100 Shop Network3×
  6. 5Rationalization of Unprofitable Stores and Closures Resulting from Main Store Closures3×
  7. 6Increase in SG&A expenses and decline in profit associated with opening and refurbishing large Watts stores3×

★ 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
Watts's next results are scheduled for 2026-10-09. Read the earnings preview It last moved in the Earnings of 2026-10-09: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.