Conditions for achieving consolidated operating profit of ¥600 million to ¥1,000 million for the fiscal year ending September 2019
First written in FY2017. 1 of 3 entries say "Advanced", first in FY2018. Latest entry: FY2019.
The whole theme swung hardest in 2020: 2 of 16 companies on the "Worse" side.
12 other companies' latest entry also says "Other".
- FY2019Minimum threshold not achievedAnnual report
「Operating profit declined 21.7% year on year to ¥511 million, due mainly to weak direct sales and higher sales promotion expenses in the domestic environmental business, as well as the negative impact of yen appreciation on earnings in the overseas subsidiaries business.」
Consolidated operating profit for the fiscal year ending September 2019 was ¥511 million, below the minimum threshold of ¥600 million specified in the exercise conditions for the 16th Series Stock Acquisition Rights. - FY2018AdvancedAnnual report
「Operating profit increased 123.5% year on year to ¥653 million, reflecting the effect of higher revenue, thorough expense reductions in each business and a sharp increase in earnings from overseas subsidiaries.」
Of the operating profit targets of ¥600 million, ¥800 million and ¥1,000 million for the fiscal year ending September 2019, actual operating profit was ¥653 million, exceeding the ¥600 million threshold. - FY2017First statedAnnual report
「If the company's consolidated operating profit for the fiscal year ending September 2019 is at least ¥1,000 million, 100% of the total number of these stock acquisition rights allocated to the holders of stock acquisition rights will vest; if consolidated operating profit is at least ¥800 million, 80% will vest; and if consolidated operating profit is at least ¥600 million, 60% will vest.」
As exercise conditions for the 16th Series Stock Acquisition Rights, stepped thresholds of ¥600 million, ¥800 million and ¥1,000 million in consolidated operating profit for the fiscal year ending September 2019 were specified.