Maintain a net ordinary profit margin of at least 8.0%
First written in FY2017. 2 of 7 entries say "Reframed", first in FY2020. Latest entry: FY2025.
Tea Life moved to the "Worse" side of this theme in 2020, 3 years before the typical company in this theme (2023).
The whole theme swung hardest in 2018: 5 of 50 companies on the "Worse" side.
12 other companies' latest entry also says "Other".
- FY2025Failure to meet the revenue and profit-margin targets under the previous medium-term planAnnual report
「For the consolidated fiscal year, revenue was ¥11,502 million, down 11.5% year on year, and the net ordinary profit margin was 3.9%. Of the management indicators targeted under the medium-term management plan, revenue was 10.7 percentage points below target and the net ordinary profit margin was 1.0 percentage point below target.」
The Company itself states that revenue and the net ordinary profit margin fell short of the targets under the previous medium-term management plan. - FY2024Revenue exceeded the target, while the net ordinary profit margin and ROE fell short.Annual report
「The targets for the fiscal year ending July 2025, the third year of the medium-term management plan, are as follows: revenue of ¥12,882 million, net ordinary profit margin of 5.0%, and ROE of 6.6%.」
The targets for the fiscal year ending July 2025 were set at revenue of ¥12,882 million, a net ordinary profit margin of 5.0%, and ROE of 6.6%. FY2024 actual revenue was ¥13,001 million, exceeding the target, while the net ordinary profit margin of 4.3% and ROE of 5.1% fell short of target. - FY2022ReframedAnnual report
「The targets for the fiscal year ending July 2023, the first year of the medium-term management plan, are as follows: revenue of ¥12,718 million, net ordinary profit margin of 6.7%, and ROE of 9–10%.」
The Company reorganized the previous fixed 8.0% target into annual targets under the medium-term plan, setting targets for the fiscal year ending July 2023 of revenue, net ordinary profit margin, and ROE. - FY2020ReframedAnnual report
「The targets for the fiscal year ending July 2021, the first year of the medium-term management plan, are as follows: Metric: fiscal year ending July 2021; revenue: ¥9,906 million; net ordinary profit margin: 5.5%.」
Rather than the previous fixed target of a net ordinary profit margin of at least 8.0%, the Company set annual targets for the fiscal year ending July 2021 of revenue of ¥9,906 million and a net ordinary profit margin of 5.5%. - FY2019RestatedAnnual report
「We have adopted the year-on-year sales growth rate and ordinary profit margin on sales as management indicators, set targets in line with the business environment and the conditions of each business, and worked to achieve them.」
The Company continues not to state the specific target of a net ordinary profit margin of at least 8.0%, maintaining wording that targets will be set according to the business environment and operating conditions. - FY2018SoftenedAnnual report
「We have adopted the year-on-year sales growth rate and ordinary profit margin on sales as management indicators, set targets in line with the business environment and the conditions of each business, and worked to achieve them.」
The numerical target of a net ordinary profit margin of at least 8.0%, explicitly stated in the previous fiscal year, is not included in this filing, replaced by weaker wording stating that targets will be set according to the business environment. - FY2017First statedAnnual report
「As an appropriate level, we have set a target of maintaining an ordinary profit margin on sales of at least 8.0%, and will promote more efficient operations to achieve it.」
For the first time, the Company explicitly identifies a net ordinary profit margin of at least 8.0% as a profitability target for long-term stable growth.