Achieving a 5% operating margin
First written in FY2018. 5 of 9 entries say "Softened", first in FY2019. Latest entry: FY2026.
Jason moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2019: 14 of 100 companies on the "Worse" side.
16 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「In light of current conditions, we have set the plan for the next fiscal year at 0.7%, but over the medium to long term we intend to target 5%. The operating margin was 3.0% for the fiscal year ended February 2024, 1.9% for the fiscal year ended February 2025, and 0.7% for the fiscal year ended February 2026. To achieve the target for this KPI, we will continue working to improve gross margins and deepen our low-cost operating model, while also pursuing synergies with 株式会社サンモール, which has recently become a subsidiary.」
The medium- to long-term target of 5% has been maintained, but the plan for the next fiscal year was reduced from the previous fiscal year's 2.4% to 0.7%, and the current fiscal year's actual result was also 0.7%. - FY2025SoftenedAnnual report
「In light of current conditions, we have set the plan for the next fiscal year at 2.4%, but over the medium to long term we intend to target 5%. The operating margin was 2.9% for the fiscal year ended February 2023, 3.0% for the fiscal year ended February 2024, and 1.9% for the fiscal year ended February 2025. To achieve the target for this KPI, we will continue working to improve gross margins and deepen our low-cost operating model.」
The medium- to long-term target of 5% has been maintained, but the plan for the next fiscal year was reduced from the previous fiscal year's 3.3% to 2.4%, and the current fiscal year's actual result was also 1.9%. - FY2024SoftenedAnnual report
「In light of current conditions, we have set the plan for the next fiscal year at 3.3%, but over the medium to long term we intend to target 5%. The operating margin was 3.3% for the fiscal year ended February 2022, 2.9% for the fiscal year ended February 2023, and 3.0% for the fiscal year ended February 2024.」
The medium- to long-term target of 5% has been maintained, but the plan for the next fiscal year was reduced from the previous fiscal year's 3.4% to 3.3%, and the current fiscal year's actual result was 3.0%. - FY2023SoftenedAnnual report
「In light of current conditions, we have set the plan for the next fiscal year at 3.4%, but over the medium to long term we intend to target 5%. The operating margin was 4.7% for the fiscal year ended February 2021, 3.3% for the fiscal year ended February 2022, and 2.9% for the fiscal year ended February 2023.」
The medium- to long-term target of 5% has been maintained, but the plan for the next fiscal year was reduced from the previous fiscal year's 3.6% to 3.4%, and the current fiscal year's actual result also declined to 2.9%. - FY2022RaisedAnnual report
「In light of current conditions, we have set the plan for the next fiscal year at 3.6%, but over the medium to long term we intend to target 5%. The operating margin was 3.1% for the fiscal year ended February 2020, 4.7% for the fiscal year ended February 2021, and 3.3% for the fiscal year ended February 2022.」
The medium- to long-term target of 5% has been maintained, while the plan for the next fiscal year was raised from the previous fiscal year's 3.1% to 3.6%. The current fiscal year's actual result was 3.3%. - FY2021RaisedAnnual report
「In light of current conditions, we have set the plan for the next fiscal year at 3.1%, but over the medium to long term we intend to target 5%. The operating margin was 2.8% for the fiscal year ended February 2019, 3.1% for the fiscal year ended February 2020, and 4.7% for the fiscal year ended February 2021.」
The medium- to long-term target of 5% has been maintained and the plan for the next fiscal year set at 3.1%, while the current fiscal year's actual result rose to 4.7%. The planned figure was also raised from the previous fiscal year's 2.8% plan for the next fiscal year. - FY2020RaisedAnnual report
「Our group consistently pursues efficient management by thoroughly eliminating muri, mura and muda, meaning overburden, unevenness and waste, and places importance on the operating margin as a management KPI. In light of current conditions, we have set the plan for the next fiscal year at 2.8%, but over the medium to long term we intend to target 5%. The operating margin was 2.4% for the fiscal year ended February 2018, 2.8% for the fiscal year ended February 2019, and 3.1% for the fiscal year ended February 2020.」
The medium- to long-term target of 5% has been maintained, while the plan for the next fiscal year was raised from 2.4% to 2.8% and the current fiscal year's actual result was 3.1%. - FY2019SoftenedAnnual report
「In light of current conditions, we have set the plan for the next fiscal year at 2.4%, but over the medium to long term we intend to target 5%.」
The 5% operating-margin target itself has been maintained, but the plan for the next fiscal year is 2.4%, positioning the 5% target as a medium- to long-term objective. Recent results were 2.8% for the fiscal year ended February 2017, 2.4% for the fiscal year ended February 2018, and 2.8% for the fiscal year ended February 2019. - FY2018First statedAnnual report
「For the time being, we will target a 5% operating margin as a management KPI.」
The company has, for the first time, explicitly identified a measurable management KPI of a 5% operating margin. This assumes continued efficient management and prudent investment.