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Toray Industries (3402) · TargetAchieved

Stage 3 Growth and Creation of New Revenue Sources Under Project AP-G 2019

First written in FY2017. 7 of 12 entries say "Restated". Latest entry: FY2020.

12entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q2RestatedFY2019-Q1 – FY2020-Q32017: 320172018: 320182019: 420192020: 22020
Same theme, other companies
Growth and New Revenue Creation under Project AP-G 2019A theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2020AchievedAnnual report

    「From FY2017, the Group implemented a growth strategy centered on “business expansion in growth fields,” “business expansion in growth countries and regions,” and “strengthening competitiveness” under the three-year medium-term management initiative “Project AP-G 2019,” covering the period through FY2019.」

    With the end of the plan period through FY2019, AP-G 2019 has been classified as a past initiative and the Group has transitioned to the new AP-G 2022. The company states that this indicates completion of the plan period and does not mean that the numerical targets were achieved.
  2. FY2020-Q3RestatedAnnual report

    「Against this business backdrop, from fiscal 2017 the Toray Group has been working on the management agenda “Project AP-G 2019,” covering the 3-year period through fiscal 2019, and is implementing a growth strategy centered on “business expansion in growth fields,” “business expansion in growth countries and regions,” and “strengthening competitiveness.”」

    As its medium-term management initiative through FY2019, the Group continues to pursue business expansion in growth fields and growth countries and regions, as well as strengthening competitiveness.
  3. FY2020-Q2RestatedAnnual report

    「Against this business backdrop, from fiscal 2017 the Toray Group has been working on the management agenda “Project AP-G 2019,” covering the 3-year period through fiscal 2019, and is implementing a growth strategy centered on “business expansion in growth fields,” “business expansion in growth countries and regions,” and “strengthening competitiveness.”」

    The Group continues to implement Project AP-G 2019, with growth fields, growth countries and regions, and strengthening competitiveness as the pillars of its growth strategy.
  4. FY2020-Q1RestatedAnnual report

    「Against this business backdrop, from fiscal 2017 the Toray Group has been working on the management agenda “Project AP-G 2019,” covering the 3-year period through fiscal 2019, and is implementing a growth strategy centered on “business expansion in growth fields,” “business expansion in growth countries and regions,” and “strengthening competitiveness.”」

    As its medium-term management initiative through FY2019, the Group continues to pursue business expansion in growth fields and growth countries and regions, as well as strengthening competitiveness.
  5. FY2019Outlook for failure to meet targetsAnnual report

    「Net sales 22,049 23,888 25,300 27,000 Operating income 1,565 1,415 1,600 2,500 Operating margin 7.1% 5.9% 6.3% 9% ROA 6.3% 5.3% approximately 6% approximately 9% ROE 9.1% 7.1% approximately 8% approximately 12%」

    Actual results for FY2018 and the outlook for FY2019 are disclosed alongside the FY2019 targets, and the outlook is below target for all of net sales, operating income, profit margin, ROA and ROE.
  6. FY2019-Q3RestatedAnnual report

    「Against this business backdrop, from fiscal 2017 the Toray Group has been working on the management agenda “Project AP-G 2019,” covering the 3-year period through fiscal 2019, and is implementing a growth strategy centered on “business expansion in growth fields,” “business expansion in growth countries and regions,” and “strengthening competitiveness.”」

    The Group continues to implement Project AP-G 2019, with growth fields, growth countries and regions, and strengthening competitiveness as the pillars of its growth strategy.
  7. FY2019-Q2RestatedAnnual report

    「Against this business backdrop, from fiscal 2017 the Toray Group has been working on the management agenda “Project AP-G 2019,” covering the 3-year period through fiscal 2019, and is implementing a growth strategy centered on “business expansion in growth fields,” “business expansion in growth countries and regions,” and “strengthening competitiveness.”」

    The Group continues to implement Project AP-G 2019, with growth fields, growth countries and regions, and strengthening competitiveness as the pillars of its growth strategy.
  8. FY2019-Q1RestatedAnnual report

    「Meanwhile, rising raw material and fuel prices put downward pressure on the earnings of the Group. In this business environment, the Group launched a new three-year medium-term management initiative, “Project AP-G 2019,” in April 2017, covering the period through FY2019, and is implementing a growth strategy centered on “business expansion in growth fields,” “business expansion in growth countries and regions,” and “strengthening competitiveness.”」

    The Group continues to implement Project AP-G 2019, with growth fields, growth countries and regions, and strengthening competitiveness as the pillars of its growth strategy.
  9. FY2018AdvancedAnnual report

    「FY2017 actual: Revenue 22,049; operating profit 1,565; operating margin 7.1%; ROA 6.3%; ROE 9.1%. FY2019 targets: Revenue 27,000; operating profit 2,500; operating margin 9%; ROA approximately 9%; ROE approximately 12%.」

    For Project AP-G 2019, the company disclosed for the first time its FY2017 actual results, FY2018 outlook and FY2019 targets for key performance indicators alongside the annual results, quantifying progress under the plan.
  10. FY2018-Q2RestatedAnnual report

    「Against this business backdrop, in April 2017 the Toray Group launched a new management agenda, “Project AP-G 2019,” covering the 3-year period through fiscal 2019, and is implementing a growth strategy centered on “business expansion in growth fields,” “business expansion in growth countries and regions,” and “strengthening competitiveness.”」

    The company continues to implement, during the six-month period, its strategy under Project AP-G 2019 as a medium-term management initiative, centered on growth fields, growth countries and regions, and stronger competitiveness.
  11. FY2018-Q1AdvancedAnnual report

    「Against this business backdrop, in April 2017 the Toray Group launched a new management agenda, “Project AP-G 2019,” covering the 3-year period through fiscal 2019, and is implementing a growth strategy centered on “business expansion in growth fields,” “business expansion in growth countries and regions,” and “strengthening competitiveness.”」

    From the announcement in February 2017, the company moved in April 2017 to the execution stage of Project AP-G 2019, implementing strategies focused on growth fields, growth countries and regions, and stronger competitiveness.
  12. FY2017First statedAnnual report

    「In February 2017, the company announced a new medium-term management initiative, Project AP-G 2019, the third stage of its efforts to realize its long-term management vision. Covering the 3 years through FY2019, Project AP-G 2019 will complete the management initiatives pursued to date while further strengthening efforts to create new sources of revenue to drive sustainable growth and enhance corporate value from 2020 onward.」

    As the third stage of AP-Growth TORAY 2020, the company presented for the first time a 3-year plan to complete its existing initiatives and intensify efforts to create new sources of revenue by FY2019.
Moved together

"Supply of Advanced Materials to Four Priority Areas" moved the same way as this thread, in the same document, in 3 of its 12 moves.

333222★123456
  1. ★This thread
  2. 1Supply of Advanced Materials to Four Priority Areas3×
  3. 2Making the Environmental and Engineering Business the Next Pillar of Revenue Growth3×
  4. 3Expanding Pharmaceutical and Medical Businesses in the Life Innovation Field3×
  5. 4Strategic Expansion of the Carbon-Fiber Composite Materials Business2×
  6. 5Expansion of Green Innovation and Life Innovation2×
  7. 6Expanding the Business Platform and Technology through Joint Ventures, Alliances and Acquisitions2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Toray Industries's next results are scheduled for 2026-11-10. Read the earnings preview
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