Full Recovery and Return to Growth under the FY2021–FY2023 Medium-Term Management Plan
First written in FY2021. 6 of 11 entries say "Restated". Latest entry: FY2026.
J.Front Retailing moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
5 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「For fiscal 2026, the final year of the plan, the earnings outlook is for consolidated business profit of ¥52.0 billion and consolidated ROE in the 6% range. Because tax-free sales are expected to fall below the initial assumptions due to factors including worsening Japan–China relations, the Company is not expected to reach the targets set out in the Medium-Term Management Plan.」
For the FY2024–FY2026 Medium-Term Management Plan, the final-year earnings outlook was set at consolidated business profit of ¥52.0 billion and ROE in the 6% range, and the Company indicated that it was unlikely to reach the plan targets of ¥56.0 billion in business profit and ROE of 8% or more. - FY2024-Q3RestatedAnnual report
「Against this backdrop, in fiscal 2023, the final year of the Medium-Term Management Plan, the Company is accelerating efforts to promote priority strategies and initiatives across each business in order to steadily capture the recovery in domestic consumption and inbound demand and achieve an “early recovery in profitability.”」
The final year of the FY2021–FY2023 Medium-Term Management Plan was positioned as the year of an early recovery in profitability by capturing the recovery in domestic consumption and inbound demand, and priority strategies and initiatives are being accelerated. - FY2024-Q1RestatedAnnual report
「Against this backdrop, in fiscal 2023, the final year of the Medium-Term Management Plan, the Company is accelerating efforts to promote priority strategies and initiatives across each business in order to steadily capture the recovery in domestic consumption and inbound demand and achieve an “early recovery in profitability.”」
The final year of the FY2021–FY2023 Medium-Term Management Plan was positioned as the year of an early recovery in profitability by capturing the recovery in domestic consumption and inbound demand, and priority initiatives have continued. - FY2023SoftenedAnnual report
「In fiscal 2023, the Company aims to achieve consolidated operating profit of ¥38.5 billion, ROE (profit for the year attributable to owners of the parent divided by equity attributable to owners of the parent) of 7%, and ROIC of 4.6%, as well as sustainability targets of a 40% reduction in greenhouse gas emissions and a 26% ratio of women in management positions.」
For the final-year targets of the FY2021–FY2023 Medium-Term Management Plan, consolidated operating profit was revised from the initial ¥40.3 billion to ¥38.5 billion, and ROIC from 5% to 4.6%. The targets of 7% ROE, a 40% reduction in greenhouse gas emissions, and a 26% ratio of women in management positions remain unchanged. - FY2023-Q3RestatedAnnual report
「Amid this highly uncertain business environment, fiscal 2022, the second year of the Medium-Term Management Plan, is positioned as the year of a “gear change” toward more aggressive management, to establish firm progress toward “complete recovery” from the COVID-19 pandemic and toward “regrowth” from fiscal 2024 onward.」
The Company reaffirmed its positioning of fiscal 2022, the second year of the FY2021–FY2023 Medium-Term Management Plan, as the year of a “gear change” from complete recovery toward regrowth from fiscal 2024 onward. - FY2023-Q2RestatedAnnual report
「Amid this highly uncertain business environment, fiscal 2022, the second year of the Medium-Term Management Plan, is positioned as the year of a “gear change” toward more aggressive management, to establish firm progress toward the “complete recovery” from the COVID-19 pandemic set out in the plan and toward “regrowth” from fiscal 2024 onward.」
The Company reaffirmed its positioning of fiscal 2022, the second year of the FY2021–FY2023 Medium-Term Management Plan, as the year of a “gear change” from complete recovery toward regrowth from fiscal 2024 onward. - FY2023-Q1ReframedAnnual report
「Against this backdrop, fiscal 2022, the second year of the Medium-Term Management Plan, is positioned as the year of a “gear change” toward more aggressive management, to establish firm progress toward the “complete recovery” from the COVID-19 pandemic set out in the plan and toward “regrowth” from fiscal 2024 onward.」
Under the FY2021–FY2023 Medium-Term Management Plan, fiscal 2022 was positioned as the year of a “gear change” from “complete recovery” toward “regrowth” from fiscal 2024 onward. - FY2022AdvancedAnnual report
「In fiscal 2021, the first year of the Medium-Term Management Plan, the recovery in performance remained gradual relative to the initial plan amid the intermittent spread of infectious diseases. Nevertheless, the Company achieved some results under its three priority strategies, including the digitalisation of customer touchpoints, focused investment in core stores, development of new content, and promotion of management structural reform.」
For the FY2021–FY2023 Medium-Term Management Plan, the Company reported some progress in the first year in digitalising customer touchpoints, investing in core stores, developing new content, and reforming its management structure, and presented a policy to accelerate these initiatives in fiscal 2022. - FY2022-Q2RestatedAnnual report
「Against this backdrop, our group placed sustainability at the core of management and, as the first year of the “Medium-Term Management Plan for FY2021–FY2023,” pursued three priority strategies and management structural reforms.」
As the first year of the fiscal 2021-2023 medium-term management plan, we reaffirmed our policy of promoting the 3 strategies of Developer, Real × Digital, and Prime Life, together with management structure reform. - FY2022-Q1RestatedAnnual report
「Under these circumstances, in April 2021 the Group formulated the “Fiscal 2021-2023 Medium-Term Management Plan.” We will prioritize the allocation of Group-wide management resources to the 3 key strategies of “Developer Strategy,” “Real × Digital Strategy,” and “Prime Life Strategy” and promote initiatives aimed at medium- to long-term growth.」
Following the formulation of the fiscal 2021-2023 medium-term management plan, we reaffirmed our policy of prioritizing management resources for the 3 strategies: Developer, Real × Digital, and Prime Life. - FY2021First statedAnnual report
「Through this medium-term management plan, we position the period as one in which we will restore financial results to fiscal 2019 levels in the final fiscal year, fiscal 2023, achieve a “complete recovery” from the COVID-19 pandemic, and establish a path toward “renewed growth” from fiscal 2024 onward.」
We established the fiscal 2021-2023 plan as a new medium-term plan to be implemented through the Real × Digital, Prime Life, Developer, and management structure reform strategies, with targets including consolidated operating profit of ¥40.3 billion, ROE of 7%, ROIC of 5%, a 40% reduction in greenhouse gas emissions, and a 26% ratio of women in management positions in fiscal 2023.