Sustainable Growth and Profitability with Operating Profit as a Management Metric
First written in FY2018. 10 of 27 entries say "Advanced", first in FY2022-Q1. Latest entry: 2026-09-15.
The whole theme swung hardest in 2025: 9 of 54 companies on the "Worse" side.
5 other companies' latest entry also says "Achieved".
- 2026-09-15AchievedFinancial results briefing materials
「中計ROE目標20%を1年前倒し達成、圧倒的なリターンを実現」
中期経営計画で掲げたROE20％超の目標について、1年前倒しでの達成を明示した。 - FY2027-H1RestatedAnnual report
「Looking ahead to its medium- to long-term growth potential, the Company will continue making investment decisions that exceed its cost of capital and work to strengthen earnings power and maximize shareholder value.」
In addition to its policy of emphasizing profitability, including operating profit and ROE, the Company continues to pursue investment decisions that exceed its cost of capital and the maximization of shareholder value. - 2026-08-03Cited as achievedOther Disclosures
「In 2025, companies were selected using “profitability,” “growth” and “visibility” as evaluation criteria, including companies with high capital efficiency that consistently maintain ROE of at least 10%, companies that have continuously increased ordinary profit and companies that have attracted substantially more investor attention than in the previous year. A total of 35 companies were selected from the TSE Prime Market.」
For the existing theme emphasizing profitability, growth and capital efficiency, the company cited selection criteria including maintaining ROE of at least 10% and quoted the company as one of the award-winning stocks. The canonical thread itself has not changed. - FY2026AdvancedAnnual report
「Return on equity (%) 21.3” “ROE (return on equity) is positioned as a key financial metric in the medium-term management plan, with a target of achieving more than 20% in FY2028.」
ROE was 21.3% in FY2026, exceeding the medium-term target of more than 20% for FY2028. - FY2026-H1AdvancedAnnual report
「The Company's ROE for the fiscal year ending January 2025 was 14.6%, exceeding the theoretical WACC of 11.1% calculated under the standard methodology. Furthermore, it continues to maintain a positive spread even against the realistic WACC of 13.6%, calculated using more conservative assumptions that incorporate international interest-rate levels.」
ROE of 14.6% exceeded both the theoretical WACC of 11.1% and the realistic WACC of 13.6%, giving concrete form to a shift from operating-profit-centered metric management to profitability management that takes the cost of capital into account. - FY2025ReframedAnnual report
「ROE (return on equity) is positioned as a key financial metric in the medium-term management plan, with a target of achieving more than 20% in FY2028. “In business operations, operating profit is closely monitored as a key management metric.”」
In addition to the former focus on operating profit as a management metric, ROE was established as a key financial metric, with a target of more than 20% in FY2028, while operating profit was positioned as a management metric for business operations. - FY2025-H1RaisedAnnual report
「If, in the fiscal year ending January 2028, the final year of the current medium-term plan (FY24-FY28), the operating profit stated in the consolidated income statement in the Company's securities report exceeds the medium-term plan target of ¥3,000 million」
In addition to the former policy of emphasizing operating profit, a numerical, time-bound medium-term plan target was specified: operating profit exceeding ¥3,000 million in the fiscal year ending January 2028. - FY2025-Q1RaisedAnnual report
「In the fiscal year ending January 2025, the first year of the medium-term management plan, the company sought to further strengthen its earnings base in preparation for the growth phase from the following fiscal year onward, ... by strengthening sales capabilities and improving labor productivity, with the aim of achieving record-high profit.」
In addition to the former policy of emphasizing operating profit, the company explicitly stated its plan, beginning in the fiscal year ending January 2025, to achieve record-high profit, linking its earnings target to a more specific time frame. - FY2024AdvancedAnnual report
「Operating profit for the consolidated fiscal year was ¥881.231 million, and the operating margin was 4.4%.」
Against the policy of using operating profit as a management metric, operating profit increased from ¥215.032 million in the previous fiscal year to ¥881.231 million, and the operating margin was 4.4%. - FY2024-Q2AdvancedAnnual report
「As a result, selling, general and administrative expenses for the cumulative second quarter of the fiscal year were ¥4,555.206 million, down ¥1.488 million year on year, while operating profit was ¥316.519 million, compared with an operating loss of ¥15.738 million in the same period of the previous year.」
Against the policy of using operating profit as a management metric, the company returned to profitability, from an operating loss in the same period of the previous year to operating profit of ¥316.519 million, and SG&A expenses also declined year on year. - FY2024-Q1AdvancedAnnual report
「Operating profit was ¥97.111 million, compared with an operating loss of ¥5.252 million in the same period of the previous year.」
Against the policy of using operating profit as a management metric, the company returned to profitability, from an operating loss in the same period of the previous year to operating profit of ¥97.111 million. However, ordinary profit declined and a final loss was recorded. - FY2023WorsenedAnnual report
「For the consolidated fiscal year, revenue was ¥19,181.858 million, gross profit was ¥9,609.472 million, selling, general and administrative expenses were ¥9,394.440 million, operating profit was ¥215.032 million, ordinary profit was ¥265.467 million, and net loss attributable to owners of the parent was ¥539.521 million.」
Against the policy of using operating profit as a management metric, operating profit was ¥215.032 million and the operating margin was 1.1%, while a net loss attributable to owners of the parent of ¥539.521 million was recorded. - FY2023-Q3SoftenedAnnual report
「The full-year consolidated earnings forecast announced on 17 March 2022 was revised as of 16 November 2022 to net sales of ¥18.9 billion, an operating loss of ¥100 million, ordinary income of ¥180 million, and a net loss attributable to owners of the parent of ¥700 million. The revisions represented a 10.0% reduction in net sales from the previous forecast, an operating loss versus previously forecast operating income of ¥1,200 million, an 85.0% reduction in ordinary income, and a net loss versus previously forecast net income attributable to owners of the parent of ¥840 million.」
The full-year forecast was revised to net sales of ¥18.9 billion, an operating loss of ¥100 million and a net loss attributable to owners of the parent of ¥700 million, lowering the earnings targets from the previous forecast. - FY2023-Q2WorsenedAnnual report
「Selling, general and administrative expenses for the cumulative second-quarter period were ¥4,556.694 million, up 15.3% year on year, and operating loss was ¥15.738 million, compared with operating income of ¥357.505 million in the same period of the previous year.」
Against the policy of using operating income as a management KPI, higher SG&A expenses caused operating results to turn from a profit in the same period of the previous year to an operating loss of ¥15.738 million. - FY2023-Q1WorsenedAnnual report
「Selling, general and administrative expenses for the cumulative first-quarter period were ¥2,262.369 million, up 19.1% year on year, and operating loss was ¥5.252 million, compared with operating income of ¥199.043 million in the same period of the previous year.」
Against the policy of using operating income as a management KPI, higher SG&A expenses caused results to turn from operating income in the same period of the previous year to an operating loss. - FY2022AdvancedAnnual report
「Operating income for the consolidated fiscal year was ¥946.724 million, and the operating margin was 5.4%.」
Against the policy of using operating income as a management KPI, the Company recorded operating income of ¥946.724 million and an operating margin of 5.4%. - FY2022-Q3AdvancedAnnual report
「Operating income for the cumulative third-quarter period was ¥729.220 million, and the operating margin was 5.5%, up 4.2 percentage points year on year.」
Against the policy of using operating income as a management KPI, the Company recorded operating income of ¥729.220 million and an operating margin of 5.5%, an improvement from the same period of the previous year. - FY2022-Q2AdvancedAnnual report
「Selling, general and administrative expenses for the cumulative second-quarter period were ¥3,953.221 million, up 33.7% year on year, and operating income was ¥357.505 million, compared with an operating loss of ¥185.914 million in the same period of the previous year.」
Against the policy of using operating income as a management KPI, results recovered from an operating loss in the same period of the previous year to operating income of ¥357.505 million. - FY2022-Q1AdvancedAnnual report
「Operating income was ¥199.043 million, compared with an operating loss of ¥42.993 million in the same period of the previous year; ordinary income was ¥261.332 million, compared with an ordinary loss of ¥47.822 million in the same period of the previous year.」
Against the policy of using operating income as a management KPI, results recovered from an operating loss in the same period of the previous year to operating income of ¥199.043 million, and from an ordinary loss to ordinary income of ¥261.332 million. - FY2021WorsenedAnnual report
「Operating income was ¥207.403 million, down 84.0% year on year; ordinary income was ¥209.687 million, down 83.8% year on year; net loss attributable to owners of the parent was ¥112.490 million.」
Against the policy of using operating income as a management KPI, operating income declined substantially and the Company recorded a net loss attributable to owners of the parent. - FY2021-Q3Operating profitability and a bottom-line lossAnnual report
「Operating income was ¥132.522 million, ordinary income was ¥103.682 million, loss before income taxes was ¥56.939 million, and net loss attributable to owners of the parent was ¥112.259 million.」
Against the policy of using operating income as a management KPI, cumulative operating income was ¥132.522 million, while the Company recorded a loss before income taxes and a quarterly net loss attributable to owners of the parent. - FY2021-Q2WorsenedAnnual report
「For the cumulative second-quarter period, operating loss was ¥185.914 million and ordinary loss was ¥203.702 million.」
Against the policy of using operating income as a management KPI, the Company recorded an operating loss of ¥185.914 million for the cumulative second-quarter period, indicating deteriorating profitability. - FY2020RestatedAnnual report
「The Group has designated operating income as its target management KPI and will work to achieve sustained growth and secure profitability.」
The Company reaffirmed its policy of using operating income as a management KPI and targeting sustained growth and secure profitability. - FY2018First statedAnnual report
「The Company has designated operating income as its target management KPI and will work to achieve sustained growth and secure profitability.」
The Company stated for the first time that operating income is a target management KPI and indicated its relationship with sustained growth and securing profitability.