Komori
Restar (3156) · TargetRaised

Achieving an operating margin of 3% and ROE of 10% or more over the medium term

First written in FY2017. 5 of 12 entries say "Advanced", first in FY2019-Q1. Latest entry: 2026-11-13.

12entries
10years
3from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2019-Q1 – FY2019SoftenedFY2021AdvancedFY20232017: 120172018: 320182019: 220192020: 020202021: 120212022: 020222023: 120232024: 020242025: 020252026: 42026
Same theme, other companies
Target for Improving Operating Margin and ROEA theme 45 companies write about · 1 as a headwind · 47 as a tailwind

The whole theme swung hardest in 2023: 6 of 34 companies on the "Worse" side.

1 other company's latest entry also says "Raised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 45 companies compared. The sentences above are computed from all 45.
Full recordFilings, disclosures and news, newest first
  1. FY2026RaisedAnnual report

    「Under the medium-term management plan ending in the fiscal year ending March 2027, we have set targets of ¥700 billion in net sales, ¥18 billion in operating profit and ROE of at least 10.5%.」

    The target has been raised from the previous ROE target of approximately 9% to 10% to ROE of 10.5% or more by the fiscal year ending March 2027, and targets for revenue and operating profit have also been stated.
  2. 2026-05-14First statedRevision to earnings forecast

    「Consolidated earnings forecasts for the fiscal year ending March 2027」

    2027年3月期について、売上高700,000百万円、営業利益18,000百万円、経常利益14,500百万円、親会社株主に帰属する当期純利益10,000百万円の通期予想を初めて記録する。
  3. FY2023AdvancedAnnual report

    「ROE improved from 7.9% in the previous consolidated fiscal year to 8.9% in the current consolidated fiscal year, while the return on assets based on ordinary income improved from 3.1% to 4.7%, indicating improved capital efficiency.」

    ROE improved from 7.9% to 8.9%, while the return on assets based on ordinary income improved from 3.1% to 4.7%. The previous ROE target of 9% to 10% was not restated in the text.
  4. FY2021SoftenedAnnual report

    「ROE fell from 8.3% in the previous consolidated fiscal year to 5.6% in the current consolidated fiscal year, while the return on assets based on ordinary income fell from 6.1% to 2.9%. The equity ratio improved from 35.7% to 38.6%. We will continue working to increase corporate value by improving capital efficiency.」

    The previous specific target of ROE of 9% to 10% was not restated in the policy for the current fiscal year. Instead, the policy now focuses on disclosing actual results and making general efforts to improve capital efficiency.
  5. FY2019AdvancedAnnual report

    「The gross profit margin rose from 5.2% in the same period of the previous year to 7.5%. The operating margin also rose from 1.5% to 2.2%, helped by more efficient operations, cost reductions and the recovery of allowance for doubtful accounts recorded in prior years, recognized as a reversal of selling, general and administrative expenses, among other factors.」

    Initiatives to improve capital productivity and margins improved the gross profit margin to 7.5% and the operating margin to 2.2%. However, consolidated ROE was 5.6%, and the company does not state that the overall target of ROE of 9% to 10% was achieved.
  6. FY2019-Q3AdvancedAnnual report

    「Through the restructuring of our business portfolio, centered on our core semiconductor and electronic components businesses, the gross profit margin rose from 5.3% in the same period of the previous year to 7.4%, while the operating margin rose from 1.6% to 2.4%.」

    It states that, following the restructuring of the business portfolio, the gross profit margin rose from 5.3% to 7.4% and the operating margin rose from 1.6% to 2.4%.
  7. FY2019-Q2AdvancedAnnual report

    「Through the restructuring of our business portfolio, centered on our core semiconductor and electronic components businesses, the gross profit margin rose from 5.2% in the same period of the previous year to 6.9%, while the operating margin rose from 1.6% to 2.3%.」

    It states that, following the restructuring of the business portfolio, the gross profit margin rose from 5.2% to 6.9% and the operating margin rose from 1.6% to 2.3%.
  8. FY2019-Q1AdvancedAnnual report

    「Through the restructuring of our business portfolio, centered on our core semiconductor and electronic components businesses, the gross profit margin rose from 5.6% in the same period of the previous year to 7.2%, while the operating margin rose from 1.4% to 2.0%.」

    It states that, following the restructuring of the business portfolio, the gross profit margin rose from 5.6% to 7.2% and the operating margin rose from 1.4% to 2.0%.
  9. FY2018ReframedAnnual report

    「Our group regards ROE (return on equity) and gross profit margin as important indicators and aims to achieve sustainable growth and increase corporate value by improving margins alongside capital productivity. Over the medium term, we aim for ROE of 9% to 10% and a gross profit margin of 7%.」

    The target framework has changed from the previous targets of an operating margin of 3% and ROE of 10% or more to a focus on ROE of 9% to 10% and a gross profit margin of 7%. The lower end of the ROE target has been reduced, and the previous clearly stated timeframe is no longer included.
  10. FY2017First statedAnnual report

    「Over the medium term, defined as within 3 to 5 years, we aim to achieve an operating margin of 3% and ROE of 10% or more.」

    Specific targets for the operating margin and ROE within 3 to 5 years have been stated for the first time.
Moved together

"Shareholder returns through stable dividends and higher dividend levels" moved the same way as this thread, in the same document, in 6 of its 12 moves.

644444★123456
  1. ★This thread
  2. 1Shareholder returns through stable dividends and higher dividend levels6×
  3. 2Strengthening Sony semiconductor and electronic component operations4×
  4. 3Sustained Enhancement of Corporate Value Through Expansion into Growth Areas4×
  5. 4Faster decision-making, business synergies, and greater management efficiency4×
  6. 5Improving capital productivity and profit margins through business portfolio restructuring4×
  7. 6Capturing domestic market growth through the Systems Equipment Business4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Restar's next results are scheduled for 2026-11-13. Read the earnings preview It last moved in the Results of 2026-11-13: "Raised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.