Revenue and operating income targets under the medium-term management plan, “2020 Vision”
First written in FY2017. 2 of 5 entries say "Softened", first in FY2019. Latest entry: FY2025.
Kyowa Leather Cloth moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
45 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Against this backdrop, the company aims to improve productivity and build a robust earnings structure through proactive investment and the introduction of DX under its medium-term management plan.」
Based on its medium-term management plan targeting 2030, the company states its policy of pursuing higher productivity and a stronger earnings structure through proactive investment and the introduction of DX. - FY2024ReframedAnnual report
「Against this backdrop, the company announced a medium-term management plan targeting 2030 in May 2024. Under its vision of becoming a leading company in realizing a circular economy, it is developing and commercializing new technologies to address the challenges of carbon neutrality and the SDGs, and will pursue coexistence with local communities as a company that contributes to a better future for the planet.」
The plan has been refocused from the previous “2020 Vision” on a medium-term management plan targeting 2030 and aiming to become a company that realizes a circular economy. - FY2020SoftenedAnnual report
「Even so, the expansion of film product sales has already begun to produce results, including adoption in certain vehicle models, but achieving the targets is expected to take longer than initially anticipated. In addition, the prolonged downturn in the Chinese market and the economic deterioration caused by the spread of the novel coronavirus have increased uncertainty further.」
While describing the benefits of film product adoption, the company indicates that achieving the 2020 Vision targets is expected to take longer than anticipated, with uncertainty compounded by the downturn in the Chinese market and the impact of the novel coronavirus. - FY2019SoftenedAnnual report
「With sustainable growth in the future in mind, the Group formulated its “2020 Vision” in 2015 and has implemented key strategies in sales, technology development, and production, based on the strengths and weaknesses of each Group company and the division of roles among Group companies. Although the expansion of film product sales has already begun to produce results, including adoption in certain vehicle models, it is expected to take longer than initially anticipated to achieve the vision’s targets, and the timing for achieving them will therefore be reviewed.」
While stating that the key strategies under the 2020 Vision have begun to produce some results, the company indicated that achieving the targets is expected to take longer than initially anticipated and that the timing will be reviewed. - FY2017First statedAnnual report
「With sustainable growth in the future in mind, the Group formulated its medium-term management plan, “2020 Vision,” in July 2015. The plan consists of implementing key strategies in sales, technology development, and production, based on the Group’s strengths, weaknesses, and the division of roles among Group companies, and achieving its earnings targets for fiscal 2020: revenue of ¥60 billion and operating income of ¥5.5 billion.」
The plan sets fiscal 2020 as its deadline for implementing key strategies and targets revenue of ¥60 billion and operating income of ¥5.5 billion.