Contents of this document
Medium-Term Management Plan Presentation4 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Operating profit marginTargeting an operating margin of 6.0% or higher
What the company explained in this material
New initiatives
- Strengthening procurement through new store openings in central Tokyo
- Improving margins in the online reuse business centered on products for individual consumers
- Transitioning the mobile communications business to a recurring-revenue model
- Reducing the scale of derivative transactions
Key KPIsA metric the company considers important as a management benchmark.
- ROE15–20% range
- Net profit margin0.6%
- Equity ratio24%
Medium-term management plan targets
- TargetMaintain ROE steadily in the 15–20% rangeTarget fiscal yearThrough the fiscal year ending June 2028
- TargetOperating margin of 6.0% or higherTarget fiscal yearThrough the fiscal year ending June 2028
- TargetEquity ratio of more than 30%Target fiscal yearThrough the fiscal year ending June 2028
Financial targets
- ROETarget value15–20% rangeActual value12%
- Cost of equityTarget valueApproximately 8%
- Equity ratioTarget valueMore than 30%Actual value24%
| Item | Details |
|---|---|
| Document type | Medium-Term Management Plan Presentation |
| Operating profit margin | Targeting an operating margin of 6.0% or higher |
| Key KPIs | Indicator name ROE / Value 15–20% range / Year on year against the same period last year Not disclosed, Indicator name Net profit margin / Value 0.6% / Year on year against the same period last year Not disclosed, Indicator name Equity ratio / Value 24% / Year on year against the same period last year Not disclosed |
| Medium-term management plan targets | Target Maintain ROE steadily in the 15–20% range / Target fiscal year Through the fiscal year ending June 2028, Target Operating margin of 6.0% or higher / Target fiscal year Through the fiscal year ending June 2028, Target Equity ratio of more than 30% / Target fiscal year Through the fiscal year ending June 2028 |
| Financial targets | Indicator ROE / Target value 15–20% range / Actual value 12%, Indicator Cost of equity / Target value Approximately 8% / Actual value Not disclosed, Indicator Equity ratio / Target value More than 30% / Actual value 24% |
| New initiatives | Strengthening procurement through new store openings in central Tokyo, Improving margins in the online reuse business centered on products for individual consumers, Transitioning the mobile communications business to a recurring-revenue model, Reducing the scale of derivative transactions |
Items this document does not state (25)
Fiscal Period CoveredNet SalesOperating profitOrdinary incomeNet incomeGross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.