Managing the Business Using Operating Margin, ROE and Payout Ratio
First written in FY2018. 1 of 10 entries say "Raised", first in FY2019. Latest entry: FY2026.
24 other companies' latest entry also says "Other".
- FY2026Operating margin below target; ROE and payout ratio achievedAnnual report
「For the current consolidated fiscal year, the operating margin was 3.8%, ROE was 11.0% and the payout ratio was 38.0%, and the company continued to pay dividends from retained earnings.」
Against targets of an operating margin of at least 4.0%, ROE of at least 10.0% and a payout ratio of at least 30.0%, the operating margin missed its target, while ROE and the payout ratio exceeded their targets. - FY2025Operating margin and payout ratio below target; ROE target achievedAnnual report
「For the current consolidated fiscal year, the operating margin was 3.8%, ROE was 16.7% and the payout ratio was 27.3%, and the company continued to pay dividends from retained earnings.」
Against targets of an operating margin of at least 4.0%, ROE of at least 10.0% and a payout ratio of at least 30.0%, ROE exceeded its target, while the operating margin and payout ratio fell short. - FY2024AchievedAnnual report
「For the current consolidated fiscal year, the operating margin was 5.7%, ROE was 22.5% and the payout ratio was 30.7%, and the company continued to pay dividends from retained earnings.」
All 3 target indicators—operating margin of at least 4.0%, ROE of at least 10.0% and a payout ratio of at least 30.0%—were exceeded in the current consolidated fiscal year. - FY2023Full-year targets missed, operating loss narrowedAnnual report
「For the current consolidated fiscal year, the operating margin was -0.8%, ROE was -48.4% and the payout ratio was -20.0%.」
While maintaining targets of an operating margin of at least 4.0%, ROE of at least 10.0% and a payout ratio of at least 30.0%, none of the full-year results reached the target levels. - FY2023-Q3Quarterly performance missed target, operating loss narrowedAnnual report
「Revenue for the nine months of the current third quarter of the consolidated fiscal year was ¥7,870 million, up 69.4% year on year, and the operating loss was ¥127 million, compared with an operating loss of ¥994 million in the same period of the previous year.」
While the company has set targets including an operating margin of at least 4.0%, the operating loss narrowed, but the target operating margin level was not reached for the nine months of the current third quarter. - FY2023-Q1Quarterly performance continues to miss targetsAnnual report
「As a result, net sales for the cumulative consolidated first quarter were ¥2,244 million, up 120.5% year on year; operating loss was ¥193 million, compared with an operating loss of ¥535 million in the same period of the previous year; ordinary loss was ¥197 million, compared with ordinary income of ¥414 million; and quarterly net loss attributable to owners of the parent was ¥158 million, compared with quarterly net income attributable to owners of the parent of ¥461 million.」
While the company has set targets including an operating margin of at least 4.0%, the operating loss in the first quarter was ¥193 million, so the target operating margin level was not reached. - FY2022Targets maintained, operating margin target missed, ROE improvedAnnual report
「For the current consolidated fiscal year, the operating margin was -16.2% and ROE was 18.7%. The operating margin was affected by lower sales for most of the current consolidated fiscal year due to the spread of COVID-19 and the issuance of states of emergency and other measures, while ROE improved as a result of subsidy income.」
The targets of an operating margin of at least 4.0% and ROE of at least 10.0%, among others, were maintained. Actual operating margin was -16.2%, missing the target, while ROE was 18.7%. - FY2021Targets maintained, performance deterioratedAnnual report
「The company manages its operations using an operating margin of at least 4.0%, ROE of at least 10.0% and a payout ratio of at least 30.0% as targets.」
Although the target levels were maintained, the operating margin for the current fiscal year was -24.4% and ROE was -52.9%, both below the target levels. - FY2019RaisedAnnual report
「With the aim of returning profits to shareholders while maintaining high profitability and financial soundness, our group manages its operations using an operating margin of at least 4.0%, ROE of at least 10.0% and a payout ratio of 30.0% as targets. The operating margin for the current consolidated fiscal year was 4.1%, achieving the target, while ROE was 8.7% and the payout ratio was 47.5%. The main factor was the recognition of impairment losses. We will continue working to improve these indicators.」
The targets, which had previously consisted only of the names of the indicators, were set at specific levels: operating margin of at least 4.0%, ROE of at least 10.0% and a payout ratio of 30.0%. The operating margin target was achieved, while ROE fell short and the payout ratio exceeded the target. - FY2018First statedAnnual report
「We manage the business using operating margin on revenue, ROE and payout ratio as targets because we seek to return profits to shareholders while maintaining high profitability and financial soundness.」
Operating margin, ROE and payout ratio are identified as management targets with an emphasis on profitability, financial soundness and shareholder returns.