Setting Equity Ratio, ROE, and DOE Targets under the First Medium-Term Management Plan
First written in FY2018-Q1. 2 of 12 entries say "Advanced", first in FY2018. Latest entry: FY2022-Q3.
22 other companies' latest entry also says "Other".
- FY2022-Q3Equity ratio declined from the end of the previous fiscal year but remained above the target levelAnnual report
「As a result, the equity ratio decreased from 67.0% at the end of the previous fiscal year to 65.8%.」
The equity ratio declined from 67.0% at the end of the previous fiscal year to 65.8%, but remained above the level of 60% or higher specified in the first medium-term management plan. - FY2022-Q1AdvancedAnnual report
「As a result, the equity ratio rose from 67.0% at the end of the previous fiscal year to 71.0%.」
The equity ratio rose to 71.0%, remaining above the target level of 60% or higher specified in the first medium-term management plan. - FY2021-Q2Equity ratio recovered to the target levelAnnual report
「As a result, the equity ratio increased from 57.4% at the end of the previous fiscal year to 61.4%.」
The equity ratio rose to 61.4%, recovering to the level of 60% or higher specified in the plan. However, no change was stated in the status of the shortfall against the first medium-term management plan targets in the final-year results. - FY2021-Q1Equity ratio continued to miss the plan targetAnnual report
「As a result, the equity ratio increased from 57.4% at the end of the previous fiscal year to 58.3%.」
Although the equity ratio increased 0.9 percentage points from the end of the previous fiscal year, it remained below the first medium-term management plan target of 60% or higher. - FY2020Some plan indicators fell short of targetAnnual report
「Metric targets: equity ratio, 60% or higher, 57.4%, —; ROE (return on equity), 15% or higher, 9.1%, —; DOE (dividend on equity), maintain 2.5%, target of 3.0% or higher, 2.6%, —」
In the final year of the first medium-term management plan, the equity ratio and ROE fell below the targets of 60% or higher and 15% or higher, respectively. DOE was 2.6%, exceeding the 2.5% maintenance target but falling short of the target of 3.0% or higher. - FY2020-Q3Equity ratio remained below the plan targetAnnual report
「As a result, the equity ratio decreased from 65.8% at the end of the previous fiscal year to 56.9%.」
The equity ratio was 56.9%, and remained below the first medium-term management plan target of 60% or higher. - FY2020-Q2Equity ratio fell below the plan targetAnnual report
「As a result, the equity ratio decreased from 65.8% at the end of the previous fiscal year to 58.5%.」
The equity ratio declined to 58.5%, temporarily falling below the first medium-term management plan target of 60% or higher. - FY2020-Q1Decline in the Equity RatioAnnual report
「As a result, the equity ratio decreased from 65.8% at the end of the previous fiscal year to 61.4%.」
The equity ratio remained above the first medium-term management plan target of 60% or higher, but declined 4.4 percentage points from the end of the previous fiscal year. - FY2019Equity ratio and DOE targets achieved, ROE target missedAnnual report
「With respect to the metric targets, the Company achieved its equity ratio and DOE targets in the fiscal year, but fell slightly short of its ROE target.」
The equity ratio was 65.8%, achieving the target of 60% or higher, and DOE was 2.9%, meeting the target level. ROE, however, was 14.8%, falling slightly short of the target of 15% or higher. - FY2018AdvancedAnnual report
「In September 2017, the Company formulated its first medium-term management plan, setting revenue and profit plans and metric targets through the fiscal year ending May 2020. It achieved all 3 metric targets in the fiscal year. The Company will continue efforts to control stagnant inventory and shorten the sales period in order to achieve these metric targets.」
Under the first medium-term management plan, the equity ratio was 61.5%, ROE was 16.0% and DOE was 2.5%, and the Company explained that all 3 metrics were achieved in the fiscal year. The final year of the plan was the fiscal year ending May 2020, and the plan remained in progress. - FY2018-Q2RestatedAnnual report
「The Company also formulated and announced on 25 September 2017 its first medium-term management plan, covering the fiscal years ending May 2018 through May 2020, with the fiscal year ending May 2018 as its first year. On 25 September 2017, the Company formulated its first medium-term management plan, newly set target values for its equity ratio, ROE (return on equity) and DOE (dividend on equity), and stated that progress was on track.」
The period covered by the first medium-term management plan was explicitly stated as the fiscal years ending May 2018 through May 2020, and the Company explained that progress toward its equity ratio, ROE and DOE targets was on track. However, specific target figures and achievement results were not stated. - FY2018-Q1First statedAnnual report
「On 25 September 2017, the Company formulated its first medium-term management plan and newly set target values for its equity ratio, ROE (return on equity) and DOE (dividend on equity).」
The Company formulated its first medium-term management plan and set new targets for its equity ratio, ROE and DOE. However, this filing does not state specific target figures or the plan period.