Medium-term target of a 15% ordinary profit margin on sales
First written in FY2017. 2 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 5 of 50 companies on the "Worse" side.
12 other companies' latest entry also says "Other".
- FY2026Decline in target achievementAnnual report
「Our group recognizes improving profitability through maintaining an appropriate cost ratio and managing costs as an important management issue and has adopted the ordinary profit margin on sales as a management metric that appropriately reflects profitability. Over the medium to long term, we aim for an ordinary profit margin on sales of 15% through measures including improving the profitability of existing stores, optimizing the business portfolio and improving procurement efficiency.」
While the medium- to long-term target of a 15% ordinary profit margin on sales remains in place, the actual result for the current fiscal year was 6.2%, down from 7.7% in the previous fiscal year. - FY2024Recovery toward the targetAnnual report
「Despite cost increases including higher energy costs, raw material prices and labor costs caused by the labor shortage, the company implemented structural reforms to improve profitability. These included an appropriate pricing policy centered on value-added products that satisfy customers, such as products featuring branded beef, changes to business formats with a view to optimizing the business portfolio, and the withdrawal from unprofitable stores. As a result, ordinary profit was 6.9%, compared with 2.5% in the previous fiscal year.」
The medium-term target of 15% remains in place, and the ordinary profit margin on sales recovered from 2.5% in the previous fiscal year to 6.9%. The company cites its pricing policy, changes to business formats and withdrawal from unprofitable stores as improvement measures. - FY2023Decline in target achievementAnnual report
「Our group focuses on maintaining an appropriate cost ratio and managing costs. We have adopted the ordinary profit margin on sales as a management metric because we believe it appropriately reflects profitability, and we aim for an ordinary profit margin on sales of 15% as a medium-term management target. The ordinary profit margin on sales for the fiscal year under review was 2.5%, compared with 6.2% in the previous fiscal year, as ordinary profit was squeezed by the loss of income from COVID-19-related subsidies and higher costs including rising energy costs, raw material prices and labor costs caused by the labor shortage.」
The medium-term target of 15% was maintained, but the actual result fell from 6.2% in the previous fiscal year to 2.5%, widening the gap to the target. - FY2022Recovery toward the targetAnnual report
「The ordinary profit margin on sales for the fiscal year under review was 6.2%, compared with negative 4.6% in the previous fiscal year, as the number of customers declined following government and local-government requests to refrain from dining out and shorten business hours amid the spread of COVID-19.」
While the medium-term target of 15% remains in place, the ordinary profit margin on sales recovered from negative 4.6% in the previous fiscal year to 6.2%. The gap to the target nevertheless remains. - FY2020Decline in target achievementAnnual report
「Our group focuses on maintaining an appropriate cost ratio and managing costs. We have adopted the ordinary profit margin on sales as a management metric because we believe it clearly reflects profitability, and we aim for an ordinary profit margin on sales of 15% as a medium-term management target. The ordinary profit margin on sales for the fiscal year under review was 6.1%, down 2.8 percentage points from the previous fiscal year, due to cost increases including persistently high domestic beef prices for our core products and higher labor costs caused by the labor shortage. Our group will seek to improve this management metric through further expense reductions and more efficient procurement.」
While the medium-term target of 15% remains in place, the actual result for the current year fell to 6.1% from 8.9% in the previous year. The company also states that it will pursue improvement through expense reductions and more efficient procurement. - FY2019RestatedAnnual report
「Our group focuses on maintaining an appropriate cost ratio and managing costs. We have adopted the ordinary profit margin on sales as a management metric because we believe it clearly reflects profitability, and we aim for an ordinary profit margin on sales of 15% as a medium-term management target.」
The medium-term target of a 15% ordinary profit margin on sales remains in place. Meanwhile, the actual result for the current year was 8.9%, down 0.9 percentage points from the previous year. - FY2018RestatedAnnual report
「In addition, while seeking to maximize group synergies with the subsidiaries 株式会社スエヒロレストランシステム and 株式会社アクトグループ, we aim for an ordinary profit margin on sales of 15% as a medium-term target.」
The medium-term target of achieving a 15% ordinary profit margin on sales through the maximization of group synergies remains in place. - FY2017First statedAnnual report
「In addition, while seeking to maximize group synergies with the subsidiaries 株式会社スエヒロレストランシステム and 株式会社アクトグループ, we aim for an ordinary profit margin on sales of 15% as a medium-term target.」
This is the first explicit statement of a medium-term target of a 15% ordinary profit margin on sales through the maximization of group synergies.