Stable Consolidated Operating Margin of 6% or More
First written in FY2021. 2 of 9 entries say "Worsened", first in FY2023. Latest entry: FY2024.
The whole theme swung hardest in 2019: 14 of 103 companies on the "Worse" side.
7 other companies' latest entry also says "Dropped".
- FY2024DroppedAnnual reportThe new “2026 Medium-Term Management Plan (fiscal years 2024–2026)” does not present the previously stated target of a consolidated operating margin of 6% or more as a standalone target.
- FY2024-Q3Continued failure to achieve the target consolidated operating margin of 6% or moreAnnual report
「Consolidated net sales for the nine months ended the third quarter were ¥10.208 billion, down 6.8% year on year, and operating profit was ¥83 million, down 70.7%.」
The consolidated operating margin for the nine months ended the third quarter was approximately 0.8%, remaining substantially below the target of 6% or more. - FY2024-Q2WorsenedAnnual report
「Consolidated net sales for the six months ended the second quarter were ¥6.842 billion, down 5.9% year on year, and operating profit was ¥39 million, down 79.5%.」
The consolidated operating margin for the interim period was approximately 0.6%, substantially below the target of stably maintaining a consolidated operating margin of 6% or more. - FY2024-Q1Operating margin target missed in the first quarter as wellAnnual report
「Consolidated net sales were ¥3.840 billion, down 7.5% year on year, and operating profit was ¥185 million, down 41.7%.」
The consolidated operating margin for the first quarter, calculated from the reported figures, was approximately 4.8%, below the target of 6% or more. - FY2023WorsenedAnnual report
「ROE for the consolidated fiscal year was 1.5%, down 4.9 percentage points from the previous fiscal year. The major factor was a 3.4 percentage-point decline in the consolidated operating margin, and we will work to stably maintain a consolidated operating margin of 6% or more and make effective use of assets.」
ROE was 1.5%, and the consolidated operating margin declined 3.4 percentage points year on year, widening the gap from the targets of ROE of 9% or more and an operating margin of 6% or more. - FY2023-Q3Operating margin continues to fall short of the targetAnnual report
「As a result, consolidated revenue for the first nine months of the current fiscal year was ¥10,957 million (down 7.0% year on year), operating profit was ¥285 million (down 60.4%), ordinary profit was ¥324 million (down 55.5%) and quarterly profit attributable to owners of the parent was ¥206 million (down 57.8%).」
Consolidated operating profit was ¥285 million, resulting in an operating margin of approximately 2.6% of net sales. The company continues to fall short of its target consolidated operating margin of 6% or more. - FY2023-Q2Operating margin continues to fall short of the targetAnnual report
「As a result, consolidated revenue for the first half of the current fiscal year was ¥7,270 million (down 7.3% year on year), operating profit was ¥194 million (down 61.5%), ordinary profit was ¥220 million (down 55.9%) and quarterly profit attributable to owners of the parent was ¥139 million (down 58.5%).」
Operating profit was ¥194 million, representing a substantial year-on-year decline in profit against the challenge of stably maintaining a consolidated operating margin of 6% or more. - FY2022Operating margin target missedAnnual report
「Meanwhile, ROE for the consolidated fiscal year was 6.4%, down 1.8 percentage points from the previous fiscal year. To achieve the target, we will work to stably maintain a consolidated operating margin of 6% or more and make effective use of assets.」
ROE declined to 6.4%, while the consolidated operating margin stood at 4.5%. To achieve ROE of 9% or more, the company continues to identify stable maintenance of an operating margin of 6% or more and effective use of assets as challenges. - FY2021First statedAnnual report
「We recognise that stable maintenance of a consolidated operating margin of 6% or more and the effective use of assets are challenges in further improving ROE, and will address them under the next medium-term management plan (fiscal years 2021–2023).」
As a specific profitability target in the next medium-term management plan aimed at improving ROE, the company has set a target of stably maintaining a consolidated operating margin of 6% or more.