Achieving an 8% Operating Profit Margin for the Fiscal Year Ending July 2021
First written in FY2017. 4 of 9 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2019: 14 of 100 companies on the "Worse" side.
6 other companies' latest entry also says "Dropped".
- FY2021DroppedAnnual reportThis filing does not explicitly state the previous numerical targets of the fiscal year ending July 2021, 1,000 stores and an 8% operating margin. The focus of the disclosures has shifted to recovering sales at existing stores, profitability management and the development of new formats.
- FY2020-Q3RestatedAnnual report
「Against this backdrop, we positioned our medium-term management plan (August 2019 to July 2024) as “Rebuilding the Management Foundation and Taking on the Challenge of Further Growth.” In the first year of the plan, the fiscal year under review, we identified strengthening sales at existing stores and profitability management as key priorities and worked to improve profitability by maximizing sales through enhanced customer value and implementing thorough cost controls.」
The medium-term management plan from August 2019 to July 2024 and the positioning of stronger sales at existing stores and stronger profitability management as key priorities for the first year have been maintained. - FY2020-Q2RestatedAnnual report
「Against this backdrop, we have positioned our medium-term management plan (August 2019 to July 2024) as “Rebuilding the Management Foundation and Taking on the Challenge of Further Growth,” and have identified Ⅰ. formulating and implementing marketing strategies, Ⅱ. restructuring our store network, Ⅲ. establishing a robust profitability management system, Ⅳ. entering overseas markets, and Ⅴ. initiatives to contribute to the SDGs through our business activities as priority measures.」
The new medium-term management plan from August 2019 to July 2024 and its 5 priority measures have been maintained, as in the previous quarter. - FY2020-Q1ReframedAnnual report
「Against this backdrop, we have positioned our medium-term management plan (August 2019 to July 2024) as “Rebuilding the Management Foundation and Taking on the Challenge of Further Growth,” and are working on Ⅰ. formulating and implementing marketing strategies, Ⅱ. restructuring our store network, Ⅲ. establishing a robust profitability management system, Ⅳ. entering overseas markets, and Ⅴ. initiatives to contribute to the SDGs through our business activities.」
The framework was changed from the previous plan targeting the fiscal year ending July 2021, 1,000 stores and an 8% operating margin to the new medium-term management plan for August 2019 to July 2024, with 5 priority areas specified. - FY2019SoftenedAnnual report
「Against this backdrop, we aim to make “Torikizoku” the leading brand in Japan and expand it globally, opening stores in new regions beyond the 3 commercial areas of Kansai, Kanto and Tokai and entering overseas markets. Our medium-term management strategy is to establish a marketing function and strengthen our product and equipment development functions to increase sales at existing stores, while closing unprofitable stores and opening locations in untapped domestic areas and overseas markets, thereby taking on the challenge of achieving further growth.」
This filing does not explicitly state the previous numerical targets of the fiscal year ending July 2021, 1,000 stores and an 8% operating margin. The focus has shifted to increasing sales at existing stores, closing unprofitable stores, and opening stores in untapped domestic areas and overseas markets. - FY2018-Q3RestatedAnnual report
「Against this backdrop, we formulated a new medium-term management plan, “U-nobore Challenge 1000” (fiscal years ending July 2018 to July 2021). In the fiscal year ending July 2021, the final year of the plan, we will continue to pursue the key initiatives of strengthening new restaurant openings, strengthening our human resources base and improving management efficiency in order to achieve 1,000 “鳥貴族” restaurants and an operating margin of 8% across the three markets of the Kanto, Kansai and Tokai regions.」
The target of 1,000 stores and an 8% operating margin for the fiscal year ending July 2021, together with the medium-term management plan and key initiatives, have been reiterated. No new achievement milestones are stated. - FY2018-Q2RestatedAnnual report
「Against this backdrop, we formulated a new medium-term management plan, “U-nobore Challenge 1000” (fiscal years ending July 2018 to July 2021). In the fiscal year ending July 2021, the final year of the plan, we will continue to pursue the key initiatives of strengthening new restaurant openings, strengthening our human resources base and improving management efficiency in order to achieve 1,000 “鳥貴族” restaurants and an operating margin of 8% across the three markets of the Kanto, Kansai and Tokai regions.」
The targets of 1,000 stores and an 8% operating margin, together with the medium-term management plan ending in the fiscal year ending July 2021, have been reiterated. No new achievement milestones are stated. - FY2018-Q1AdvancedAnnual report
「We have newly formulated the medium-term management plan “Noblesse Oblige Challenge 1000” (fiscal years ending July 2018 to July 2021). To achieve 1,000 “Torikizoku” stores and an operating margin of 8% in the 3 commercial areas of Kanto, Kansai and Tokai in the final year of the plan, the fiscal year ending July 2021, we continue to pursue the key initiatives of “strengthening new store openings,” “strengthening our human resources base” and “improving management efficiency.”」
The previously stated targets of 1,000 stores and an 8% operating margin were formally incorporated into the medium-term management plan “Noblesse Oblige Challenge 1000,” with the plan period from the fiscal year ending July 2018 through the fiscal year ending July 2021 and its key initiatives specified. - FY2017First statedAnnual report
「Over the medium term, under the “Noblesse Oblige Challenge 1000” plan, we aim to establish a network of 1,000 stores in the 3 commercial areas of Kansai, Kanto and Tokai by the fiscal year ending July 2021. We also plan to establish a strong brand in the domestic market and raise awareness ahead of overseas expansion, while working to improve management efficiency so that we can achieve an operating margin of 8% in the fiscal year ending July 2021.」
The Company set a target operating margin of 8% by the fiscal year ending July 2021. It cited improved management efficiency as the means of achieving this target, but did not specify any concrete measures.