Medium-Term Management Plan Aiming to Become a Global Leader in Apparel OEM Sales
First written in FY2019-Q1. 11 of 22 entries say "Restated". Latest entry: FY2026.
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- FY2026ReframedAnnual report
「Based on these results, the Group formulated a new medium-term management plan, “BEYOND2028～Stitch the Future～,” covering fiscal 2026 through fiscal 2028, and set quantitative targets for the final year, the fiscal year ending March 2029, of revenue of ¥90 billion, ordinary profit of ¥6 billion and net income attributable to owners of the parent of ¥4 billion.」
The plan changed from “Vision 2025” to the new medium-term management plan “BEYOND2028～Stitch the Future～,” which set new targets for the fiscal year ending March 2029 of revenue of ¥90 billion, ordinary profit of ¥6 billion and net income attributable to owners of the parent of ¥4 billion. - FY2026AchievedAnnual report
「As a result of these initiatives, revenue for the fiscal year was ¥74.2 billion and ordinary profit was ¥5.3 billion, with both exceeding the targets set in the medium-term management plan.」
It was stated that revenue and ordinary profit exceeded the plan targets of ¥74 billion and ¥4.7 billion, respectively, in the final year of the medium-term management plan “Vision 2025,” indicating that its quantitative targets were achieved. - FY2025RaisedAnnual report
「Fiscal year ending March 2026: revenue ¥74 billion, ordinary profit ¥4.7 billion」
For the fiscal year ending March 2026 targets under the medium-term management plan “Vision 2025,” the revenue target was raised from ¥70 billion to ¥74 billion and the ordinary profit target from ¥4.2 billion to ¥4.7 billion. - FY2024RaisedAnnual report
「Fiscal year ending March 2026: revenue ¥70 billion, ordinary profit ¥4.2 billion」
The ordinary profit target for the fiscal year ending March 2026 under the medium-term management plan “Vision 2025” was raised from the original ¥3.5 billion to ¥4.2 billion. The revenue target remains ¥70 billion. - FY2023-Q3AdvancedAnnual report
「Our group formulated the medium-term management plan Vision 2025, with a 5-year plan period beginning in FY2021, and designated the 2 years through FY2022 as a period for emergency COVID-19 measures and preparation for the next phase. We continued to expand production facilities in Vietnam and Bangladesh to further diversify the supply chain, one of our priority initiatives, and further strengthen high-quality manufacturing. Construction of factories in both countries was proceeding generally as planned, although there were some delays, and preparations were nearing completion for new growth in Phase 2 of the subsequent medium-term management plan.」
The company is entering the preparation phase for the transition from Phase 1 to Phase 2 of Vision 2025, and explained that the expansion of production facilities in Vietnam and Bangladesh is progressing generally as planned. - FY2023-Q2RestatedAnnual report
「Our group formulated the medium-term management plan Vision 2025, with a 5-year plan period beginning in FY2021, and designated the 2 years through FY2022 as a period for emergency COVID-19 measures and preparation for the next phase. We continue to expand production facilities in Vietnam and Bangladesh to further diversify the supply chain, one of our priority initiatives, and further strengthen high-quality manufacturing.」
The plan period and positioning of Phase 1 under the medium-term management plan Vision 2025, together with further diversification of the production network and the strengthening of high-quality manufacturing, continue to be presented. - FY2023-Q1RestatedAnnual report
「Our group formulated the medium-term management plan Vision 2025, with a 5-year plan period beginning in FY2021, and launched Phase 1, covering FY2021 to FY2022, as a period for emergency COVID-19 measures and preparation for the next phase.」
The 5-year plan period for the medium-term management plan Vision 2025 and the period covered by Phase 1, from FY2021 to FY2022, continue to be presented. - FY2022RestatedAnnual report
「Under the medium-term management plan Vision 2025, formulated by our group in May 2021, the 5-year plan period from FY2021 to FY2025 is divided into Phase 1, covering the 2 years from FY2021 to FY2022 as a period to address the COVID-19 environment and prepare for the next step, and Phase 2, covering the 3 years from FY2023 as a period aimed at reaccelerating growth in the post-COVID-19 environment. Targets: FY2025 net sales of ¥70 billion and ordinary income of ¥3.5 billion.」
The annual report disclosed the plan period for the medium-term management plan Vision 2025, Phase 1 for addressing the COVID-19 environment and Phase 2 for reaccelerating growth, as well as the FY2025 targets of ¥70 billion in net sales and ¥3.5 billion in ordinary income. - FY2022-Q3RestatedAnnual report
「Amid this economic environment, our group formulated the medium-term management plan Vision 2025 and launched Phase 1, covering FY2021 to FY2022, to address the COVID-19 environment」
The medium-term management plan Vision 2025 and the period covered by Phase 1, from FY2021 to FY2022, continue to be presented. - FY2022-Q2RestatedAnnual report
「Amid this economic environment, our group formulated the medium-term management plan Vision 2025 and launched Phase 1, covering FY2021 to FY2022, to address the COVID-19 environment」
The medium-term management plan Vision 2025 and the period covered by Phase 1 continue to be presented, with responding to the COVID-19 environment as a premise of the plan. - FY2022-Q1ReframedAnnual report
「Against this economic backdrop, our group formulated the medium-term management plan Vision 2025 and launched Phase 1, covering FY2021 to FY2022, to address the COVID-19 environment.」
The plan was changed from the previous Take On The Global Top! to the medium-term management plan Vision 2025. Phase 1 covers FY2021 to FY2022, with responding to the COVID-19 environment as a premise of the plan. - FY2020SoftenedAnnual report
「The medium-term management plan Take On The Global Top! will enter its final year in the fiscal year ending March 2021. The targets were ¥80 billion in net sales, ¥5.5 billion in ordinary income, and production of 100 million garments, but we recognize that achieving these numerical targets will be difficult.」
The final year of the medium-term management plan and the targets of ¥80 billion in net sales, ¥5.5 billion in ordinary income, and production of 100 million garments continue to be stated, but the recognition that achieving the numerical targets will be difficult was disclosed for the first time, weakening the outlook for achieving the plan. - FY2020-Q2RestatedAnnual report
「Regarding production, the company expanded lines at new plants that had begun operations in recent years, strengthened its production structure, and introduced new equipment to improve efficiency. It is working to achieve the “Medium-Term Management Plan - Take On The Global Top ! -.”」
Efforts to achieve the medium-term management plan Take On The Global Top! continue to be presented. There have been no changes to the numerical targets or deadlines. - FY2020-Q1RestatedAnnual report
「We are pressing ahead with efforts to achieve the medium-term management plan, Take On The Global Top!」
Efforts to achieve the medium-term management plan continue to be presented, but no new numerical targets or deadlines were provided for the current quarter. - FY2019RestatedAnnual report
「The basic strategies are as follows: ① Further expand transactions with major SPA companies ② Expand production capacity in Vietnam ③ Establish a new joint-venture business model」
The basic strategies of the medium-term management plan have been restated as expanding transactions with major SPAs, expanding production capacity in Vietnam, and establishing a new joint-venture business model through Indonesia. - FY2019RestatedAnnual report
「Our group launched the 3-year medium-term management plan Take On The Global Top! in April 2018. During the 3-year period of this medium-term management plan, we aim to achieve a global-leading level of apparel OEM sales, with targets for FY2020 of ¥80 billion in net sales, ¥5.5 billion in ordinary income, and production of 100 million garments.」
The medium-term management plan continues to be presented, this time with numerical targets and a deadline of ¥80 billion in net sales, ¥5.5 billion in ordinary income, and production of 100 million garments for FY2020. - FY2019-Q3RestatedAnnual report
「We are pressing ahead with efforts to further expand transactions with major SPAs and establish a new joint-venture business model in Indonesia, as set out in the basic strategies of the medium-term management plan, Take On The Global Top!」
The name of the medium-term management plan and its basic strategies of expanding transactions with major SPAs and establishing a new joint-venture business model in Indonesia continue to be presented. - FY2019-Q2RestatedAnnual report
「We will continue to pursue initiatives under the medium-term management plan, Take On The Global Top!, including further expanding transactions with major SPAs and establishing a new joint-venture business model in Indonesia.」
The name of the medium-term management plan and its initiatives to expand transactions with major SPAs and establish a joint-venture business model in Indonesia have been reiterated as ongoing initiatives. No new numerical targets or deadlines were presented. - FY2019-Q1First statedAnnual report
「In terms of investment, the construction, replacement and expansion of 4 plants also progressed steadily, enabling the Group to launch efforts toward achieving its medium-term management plan, “Medium-Term Management Plan - Take On The Global Top ! -,” which it began in fiscal 2018 with the aim of attaining a world-leading level of apparel OEM sales.」
The medium-term management plan, which aims to achieve a global-leading level of apparel OEM sales, was disclosed for the first time. The plan, which began in FY2018, involves the construction, replacement, and expansion of 4 factories.