30% ROE Target
First written in FY2018. 2 of 5 entries say "Achieved", first in FY2019. Latest entry: FY2023.
Open House Group moved to the "Worse" side of this theme in 2021, 2 years before the typical company in this theme (2023).
The whole theme swung hardest in 2020: 27 of 113 companies on the "Worse" side.
19 other companies' latest entry also says "Softened".
- FY2023SoftenedAnnual report
「We expect ROE to be at least 20% for the fiscal year ending September 2024 and at least 15% from the fiscal year ending September 2025 onward.」
The company presented a three-year policy targeting ROE of at least 20% for the fiscal year ending September 2024 and at least 15% from the fiscal year ending September 2025 onward. These levels are progressively lower than the previous 30% target. - FY2021SoftenedAnnual report
「As part of our capital policy, we initially set targets of ROE of 20.0%, an equity ratio of 30.0% and a dividend payout ratio of 20.0% or higher.」
The ROE target in the new medium-term management plan is 20.0%, lower than the previously tracked target of 30.0%. - FY2020AchievedAnnual report
「ROE: 32.1% (2.1 percentage points above target)」
ROE was 32.1% for the fiscal year ended September 2020, exceeding the 30.0% target set in the medium-term management plan by 2.1 percentage points. - FY2019AchievedAnnual report
「Net assets stood at ¥138,067 million at the end of September 2019, supported by an increase in retained earnings, while ROE was 32.3%, above the target of 30%, maintaining a high level of capital efficiency.」
ROE was 32.3% at the end of September 2019, exceeding the 30% target. - FY2018First statedAnnual report
「In addition, with respect to its capital policy, net assets had increased to ¥113,486 million at the end of September 2018, due to growth in retained earnings, while ROE was 33.6%, above the target of 30%, demonstrating that the Company maintained high capital efficiency.」
The Company stated its 30% ROE target for the first time and disclosed that actual ROE was 33.6% at the end of September 2018.