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Mitsuchi (3439) · TargetAdvanced

Consolidated Net Sales of ¥15 Billion and ROE Target of 10% for the 59th Fiscal Year

First written in FY2017. 7 of 13 entries say "Restated". Latest entry: FY2026.

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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017 – FY2018ReframedFY20212017: 12018: 120182019: 120192020: 220202021: 220212022: 020222023: 120232024: 120242025: 120252026: 32026
Same theme, other companies
Setting and achieving performance targets under the medium-term management planA theme 786 companies write about · 73 as a headwind · 1057 as a tailwind

The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 133 companies compared. The sentences above are computed from all 133.Comparing 200 of the theme's 1175 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Actual for the fiscal year ending June 2026 Target for the fiscal year ending June 2027 Net sales 12,570 14,000 Operating profit 280 700 Operating margin (%) 2.2 5.0」

    As the second-year results under “Vision 24,” the company reported net sales of ¥12,570 million, operating profit of ¥280 million and an operating margin of 2.2%, while maintaining its targets for the fiscal year ending June 2027 of net sales of ¥14,000 million, operating profit of ¥700 million and an operating margin of 5.0%.
  2. 2026-04-28RestatedEarnings

    「The full-year earnings forecast remains unchanged from the forecast announced on 30 January 2026.」

    The full-year earnings forecast for the fiscal year ending June 2026 remains unchanged, and the previous targets and forecasts continue to apply.
  3. FY2026-H1RestatedAnnual report

    「Against this backdrop, our group has adopted as its new management principle “Connecting people and ideas around the world through technology that connects to the future” and has started the second year of the medium-term management plan “Vision 24.”」

    Although the numerical targets themselves were not reiterated in this interim report, the second year of “Vision 24” has begun and the plan presented in the previous fiscal year is continuing.
  4. FY2025RestatedAnnual report

    「To enhance corporate value and management efficiency, our group launched the medium-term management plan “Vision 24” in the 63rd fiscal year (fiscal year ending June 2025), with the following figures as its key targets. Actual for the fiscal year ending June 2025: Net sales 12,411, operating profit 106, operating margin 0.9 Target for the fiscal year ending June 2027: Net sales 14,000, operating profit 700, operating margin 5.0」

    As the first-year results under “Vision 24,” the company reported net sales of ¥12,411 million, operating profit of ¥106 million and an operating margin of 0.9%, while maintaining its targets for the fiscal year ending June 2027 of net sales of ¥14.0 billion, operating profit of ¥700 million and an operating margin of 5%.
  5. FY2024ReframedAnnual report

    「During the medium-term management plan, customers adjusted production because of the prolonged shortage of components, including semiconductors, while raw material and auxiliary material prices also rose. Although the sales target was achieved amid these major changes in the external environment, unfortunately the profit target was not. From the 63rd fiscal year (fiscal year ending June 2025), we formulated a new medium-term management plan, “Vision 24.” The management targets to be achieved in the 65th fiscal year (fiscal year ending June 2027) are consolidated net sales of ¥14.0 billion and an operating margin of 5%. Our targets for the next 5 years are consolidated net sales of ¥16.0 billion and an operating margin of 5.5%.」

    The company explained that the former “Vision 21” achieved its sales target but fell short of its profit target. Under the new plan, the targets have been revised to net sales of ¥14.0 billion and an operating margin of 5% for the fiscal year ending June 2027, and net sales of ¥16.0 billion and an operating margin of 5.5% in 5 years.
  6. FY2023RestatedAnnual report

    「The management targets to be achieved in the 62nd fiscal year (fiscal year ending June 2024) are consolidated net sales of ¥13.0 billion and an operating margin of 5%. We will establish a structure that steadily secures a 5% operating margin while pursuing our growth strategy. Our targets for the 64th fiscal year (fiscal year ending June 2026) are consolidated net sales of ¥15.0 billion and an operating margin of 5%.」

    The fiscal year ending June 2024 targets and the targets for the fiscal year ending June 2026 under “Vision 2021,” which replaced the previous plan, remain unchanged.
  7. FY2021ReframedAnnual report

    「Under the medium-term management plan launched in the 55th fiscal year (fiscal year ending June 2017), the Company set management targets to be achieved in the 59th fiscal year (fiscal year ending June 2021) of consolidated net sales of ¥15 billion, ordinary income of ¥1 billion and return on equity of 10.0%, and worked to achieve them. However, the situation changed abruptly due to the impact of the global spread of COVID-19, and unfortunately the targets were not achieved. Beginning with the 60th fiscal year (fiscal year ending June 2022), the Company formulated a new medium-term management plan, “Vision 2021.” The management targets to be achieved in the 62nd fiscal year (fiscal year ending June 2024) are consolidated net sales of ¥13 billion and an operating margin of 5%. Alongside establishing a structure to secure a stable 5% operating margin, the Company will pursue a growth strategy. Its targets for five years from now are consolidated net sales of ¥15 billion and an operating margin of 5%.」

    The Company explicitly states that the previous plan's targets of net sales of ¥15 billion, ordinary income of ¥1 billion and ROE of 10% were not achieved, and changed the target structure under the new plan to net sales of ¥13 billion and an operating margin of 5% for the fiscal year ending June 2024, and net sales of ¥15 billion and an operating margin of 5% five years later.
  8. FY2021-Q2RestatedAnnual report

    「Against this backdrop, our group is working in the final year of the medium-term management plan to resolve the issues that must be addressed and move as close as possible to its targets, in order to become, through the management principles of “continuous technological innovation” and the “speedy delivery” of “products that anticipate needs,” a “global company founded on the unwavering trust” of our customers.」

    The previous numerical targets for net sales, ordinary income and ROE are not restated in this filing. The Company explains that it is continuing its efforts to come closer to the targets as the medium-term management plan enters its final year.
  9. FY2021-Q1RestatedAnnual report

    「As the final year of the medium-term management plan, we are working to address the challenges that must be resolved in order to come as close as possible to the plan's targets.」

    Without restating the previous numerical targets in this quarterly report, the Company explains that it is continuing its efforts to come closer to the targets in the final year of the medium-term management plan.
  10. FY2020SoftenedAnnual report

    「In addition, under the medium-term management plan launched in the 55th fiscal year (fiscal year ending June 2017), the Group had set targets of net sales of ¥15 billion, ordinary income of ¥1 billion and ROE of 10% to enhance corporate value and management efficiency. However, the situation changed completely due to the global spread of COVID-19, and the targets for the fiscal year ending June 2021 were revised as follows.」

    The fiscal year ending June 2021 targets were revised from the previous 59th fiscal year targets of net sales of ¥15 billion, ordinary income of ¥1 billion and ROE of 10% to net sales of ¥11,142.864 million and ordinary income of ¥105.721 million, with no ROE target stated.
  11. FY2019RaisedAnnual report

    「The Company has set management targets to be achieved in the 59th fiscal year (fiscal year ending June 2021) of consolidated net sales of ¥15 billion, ordinary income of ¥1 billion and return on equity of 10.0%.」

    In addition to the previous targets of net sales of ¥15 billion and ROE of 10%, the Company explicitly added ordinary income of ¥1 billion, expanding the scope of the 59th fiscal year numerical targets.
  12. FY2018RestatedAnnual report

    「To enhance corporate value and management efficiency, the Group considers return on equity important. Under the medium-term management plan launched in the 55th fiscal year (fiscal year ending June 2017), the Group set management targets to be achieved in the 59th fiscal year (fiscal year ending June 2021) of consolidated net sales of ¥15 billion and return on equity of 10.0%.」

    The targets of consolidated net sales of ¥15 billion and return on equity of 10.0% through the 59th fiscal year (fiscal year ending June 2021) have been reconfirmed. ROE for the current fiscal year was 9.1%.
  13. FY2017First statedAnnual report

    「To enhance corporate value and management efficiency, the Group considers return on equity important. Under the medium-term management plan launched in the 55th fiscal year (fiscal year ending June 2017), the Group set management targets to be achieved in the 59th fiscal year (fiscal year ending June 2021) of consolidated net sales of ¥15 billion and return on equity of 10.0%.」

    For the medium-term management plan launched in the 55th fiscal year, the Company has stated for the first time the numerical targets of consolidated net sales of ¥15 billion and return on equity of 10.0% to be achieved by the 59th fiscal year (fiscal year ending June 2021).
Moved together

"Regional, Foreign Exchange and Regulatory Risks Associated with Overseas Expansion" moved the same way as this thread, in the same document, in 3 of its 13 moves.

332222★123456
  1. ★This thread
  2. 1Regional, Foreign Exchange and Regulatory Risks Associated with Overseas Expansion3×
  3. 2Resolving Issues Under the Medium-Term Management Plan3×
  4. 3Strengthening Management and Production Systems at Overseas Subsidiaries2×
  5. 4Exchange Rate Fluctuations2×
  6. 5Review of Domestic Production Structure and Capital Investment2×
  7. 6Securing Working Capital Through Commitment Lines2×

★ 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
Mitsuchi's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Earnings of 2026-04-28: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Consolidated Net Sales of ¥15 Billion and ROE Target of 10% for the 59th Fiscal Year | Mitsuchi Corporation (3439) | Komori