Revision of numerical targets in the medium-term management plan for the fiscal year ending March 2024
First written in FY2022. 1 of 3 entries say "Softened", first in FY2023. Latest entry: FY2024.
The whole theme swung hardest in 2023: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2024DroppedAnnual report
「The Group is implementing a medium-term management plan covering the 3 years from FY2024 to FY2026.」
The sales, ordinary profit margin, and ROE targets for the fiscal year ending March 2024, the final year of the previous medium-term management plan, are no longer stated and have been replaced by a new plan and numerical targets. - FY2023SoftenedAnnual report
「Fiscal year ending March 2024 Revised 13 May 2022 Revised target Change Consolidated net sales ¥82.1 billion ¥82.1 billion － Consolidated ordinary profit margin At least 2.2% At least 1.2% △1.0% Consolidated ROE Approximately 11% Approximately 7% △4%」
The sales target for the final year of the medium-term management plan remained unchanged at ¥82.1 billion, while the consolidated ordinary profit margin target was lowered from at least 2.2% to at least 1.2% and the ROE target from approximately 11% to approximately 7%. - FY2022Revised targets (lower sales, higher profit margin)Annual report
「Fiscal year ending March 2024 Announced 15 June 2021 Revised target Change Consolidated net sales ¥85.6 billion ¥82.1 billion △¥3.5 billion Consolidated ordinary profit margin At least 2.0% At least 2.2% +0.2% Consolidated ROE Approximately 11% Approximately 11% －」
For the fiscal year ending March 2024, the final year of the medium-term management plan, the company lowered its consolidated net sales target from ¥85.6 billion to ¥82.1 billion, while raising its consolidated ordinary profit margin target from at least 2.0% to at least 2.2%; the ROE target remained approximately 11%.