Financial Targets under the Third Medium-Term Management Plan
First written in FY2016. 3 of 11 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026RestatedAnnual report
「Net sales: fiscal year ending March 2028, ¥660,000 million / Core operating profit margin: fiscal year ending March 2028, 1.15% or higher / Adjusted ROE: fiscal year ending March 2028, 8.0% or higher / Earnings per share: fiscal year ending March 2028, ¥167 or higher / Investment: ¥20,000 million in total over 3 years」
The company has reconfirmed the quantitative targets of Medium-Term Management Plan 2027, including a comparison with actual results for the fiscal year ending March 2025. - FY2025RaisedAnnual report
「Key management indicators under Medium-Term Management Plan 2027 (FY2025–FY2027) / Net sales: fiscal year ending March 2028, ¥660,000 million / Core operating profit margin: fiscal year ending March 2028, 1.15% or higher / Adjusted ROE: fiscal year ending March 2028, 8.0% or higher / Earnings per share: fiscal year ending March 2028, ¥167 or higher / Investment: ¥20,000 million in total over 3 years / Ratio of cross-shareholdings to consolidated net assets: fiscal year ending March 2028, below 20%」
The company has updated the targets from those of the Fifth Medium-Term Management Plan to time-bound targets under Medium-Term Management Plan 2027 for net sales, core operating profit margin, adjusted ROE, EPS, investment and the ratio of cross-shareholdings. - FY2025-H1RestatedAnnual report
「In the fiscal year under review, the final year of the Fifth Medium-Term Management Plan, the company aims to complete its various implementation priorities and achieve its profit plan.」
As the final year of the Fifth Medium-Term Management Plan, the company has reconfirmed its aim of completing its various implementation priorities and achieving its profit plan. - FY2024RaisedAnnual report
「Plan for the fiscal year ending March 2025: net sales of ¥590,000 million, operating profit of ¥5,500 million, ordinary profit of ¥6,400 million, net income attributable to owners of the parent of ¥6,000 million, ROE (return on equity) of 5.8%, total payout ratio policy of 50% or higher and dividend policy of DOE of 2% or higher / ROE (return on equity): 5% or higher during the Fifth Medium-Term Management Plan (fiscal years ending March 2023 to March 2025); in the 6% range during the Sixth Medium-Term Management Plan (fiscal years ending March 2026 to March 2028); in the 7% range during the Seventh Medium-Term Management Plan (fiscal years ending March 2029 to March 2031); and 8% or higher in the first year of the Eighth Medium-Term Management Plan (fiscal year ending March 2032) / PBR (price-to-book ratio): 1x or higher in the first year of the Eighth Medium-Term Management Plan (fiscal year ending March 2032) / Reduction of cross-shareholdings: below 10% of consolidated net assets in the first year of the Eighth Medium-Term Management Plan (fiscal year ending March 2032)」
In addition to presenting the profit plan for the fiscal year ending March 2025, the final year of the Fifth Medium-Term Management Plan, the company has added phased targets through the fiscal year ending March 2032 for ROE, PBR and the ratio of cross-shareholdings. - FY2023RaisedAnnual report
「Dividend policy: DOE of 2.0% or higher; total payout ratio of 50% or higher / Disposal of cross-shareholdings: reduce the ratio to net assets to below 20% by the fiscal year ending March 2027 and below 10% by the fiscal year ending March 2032 / ROE targets: 5.2% for the fiscal year ending March 2024 and 8.0% for the fiscal year ending March 2032」
The company has moved from its previous targets of ROE of 5% or higher, a payout ratio of 25% or higher and reductions in cross-shareholdings to explicitly stating targets for DOE, the total payout ratio, the ratio of cross-shareholdings with specific deadlines and ROE at multiple points in time. - FY2022ReframedAnnual report
「<Group Management Strategy> 1. Financial Strategy (1) ROE: 5% or higher (2) Implementing an appropriate shareholder return policy: payout ratio of 25% or higher (3) Reducing cross-shareholdings」
The financial strategy has been changed from the sales and profit targets of the previous medium-term management plan to a strategy centered on ROE, the payout ratio and reducing cross-shareholdings under the Fifth Medium-Term Management Plan. - FY2019ReframedAnnual report
「For the fiscal year ending March 2022, the final year of the plan, the company is targeting net sales of ¥578,000 million, operating profit of ¥6,300 million, ordinary profit of ¥9,400 million and net income attributable to owners of the parent of ¥7,400 million.」
Following the final year of the Third Medium-Term Management Plan, the company has moved to the financial targets for the fiscal year ending March 2022 under the Fourth Medium-Term Management Plan. - FY2018Further revision of targets (lower sales, higher profit)Annual report
「For the fiscal year ending March 2019, the final year of the plan, the company is targeting net sales of ¥560,000 million, ordinary profit of ¥6,300 million and net income attributable to owners of the parent of ¥4,500 million.」
The company further revised the final-year targets of the Third Medium-Term Management Plan from the previous targets of net sales of ¥580,000 million, ordinary profit of ¥6,200 million and net income attributable to owners of the parent of ¥4,300 million. It lowered the net sales target and raised the ordinary profit and net income targets, while no operating profit target is stated. - FY2018-Q2SoftenedAnnual report
「Based on these results, the company revised its target management indicators for the fiscal year ending March 2019, the final year of the Third Medium-Term Management Plan covering the fiscal years ending March 2017 through March 2019, to net sales of ¥580,000 million, operating profit of ¥2,600 million, ordinary profit of ¥6,200 million and net income attributable to owners of the parent of ¥4,300 million.」
In light of the shrinking market and other factors, the company revised the final-year targets of the Third Medium-Term Management Plan. From the previous targets of net sales of ¥617,000 million, ordinary profit of ¥9,000 million and net income attributable to owners of the parent of ¥6,000 million, it lowered the targets for net sales, ordinary profit and net income and newly presented an operating profit target of ¥2,600 million. - FY2017RestatedAnnual report
「For the fiscal year ending March 2019, the final year of the plan, the company is targeting net sales of ¥617,000 million, ordinary profit of ¥9,000 million and net income attributable to owners of the parent of ¥6,000 million.」
The company continues to set financial targets for the final year of the Third Medium-Term Management Plan. - FY2016First statedAnnual report
「For the fiscal year ending March 2019, the final year of the plan, the company is targeting net sales of ¥617,000 million, ordinary profit of ¥9,000 million and net income attributable to owners of the parent of ¥6,000 million.」
The final-year targets under the three-year medium-term management plan covering the fiscal years ending March 2017 through March 2019.