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World (3612) · TargetROE slightly lower but above target level

Achieving and Maintaining ROE of Around 10% Over the Medium to Long Term

First written in FY2019. 4 of 16 entries say "Advanced", first in FY2023. Latest entry: FY2027-H1.

16entries
8years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019 – FY2022AdvancedFY2023 – 2026-04-032019: 120192020: 020202021: 120212022: 120222023: 220232024: 320242025: 220252026: 62026
Same theme, other companies
ROE Improvement TargetA theme 254 companies write about · 3 as a headwind · 254 as a tailwind

The whole theme swung hardest in 2020: 27 of 113 companies on the "Worse" side.

26 other companies' latest entry also says "Other".

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 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 258 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1ROE slightly lower but above target levelAnnual report

    「ROE for the current interim consolidated accounting period declined by 0.4 percentage points from 13.7% in the previous consolidated fiscal year to 13.3%. The figure includes the impact of income temporarily recognised as gains on the valuation of derivatives in the previous consolidated fiscal year.」

    ROE declined from 13.7% to 13.3% but remains above the VISION-W target of at least 12.5%. The company also explained the impact of the previous year's one-off gains on the valuation of derivatives.
  2. 2026-10-05Cited as achievedEarnings

    「ROE12.5%以上の達成と企業価値向上に向けて取り組んでおります。」

    VISION-WのROE目標12.5%以上を、人的資本経営の推進テーマと結び付けて再掲している。
  3. FY2026RaisedAnnual report

    「In addition, under the next medium-term management plan "VISION-W," the group has adopted an annual 8% increase in the profit growth rate attributable to owners of the parent as its growth indicator, ROE of at least 12.5% and ROIC of at least 8.5% as profitability indicators, and a net D/E ratio of no more than 0.75 times as a financial soundness indicator, together with these targets.」

    The ROE target was raised from at least 12.0% to at least 12.5% under VISION-W.
  4. FY2026-H1AdvancedAnnual report

    「12-month annualised ROE, reflecting the results for the current interim consolidated accounting period, increased by 1.0 percentage point from 13.5% in the previous consolidated fiscal year to 14.5%. Although this includes the impact of income recognised temporarily in the previous consolidated fiscal year, the company will continue to seek to exceed its sustainable target on an underlying basis excluding such one-off effects.」

    12-month annualised ROE rose from 13.5% to 14.5%, exceeding the target of at least 12% at the end of the final year of PLAN-W. The company continues to seek to exceed the target on an underlying basis excluding the impact of one-off income.
  5. FY2025AchievedAnnual report

    「ROE for the current consolidated fiscal year improved by 6.5 percentage points from 7.1% in the previous consolidated fiscal year to 13.6%, exceeding the target 1 year ahead of schedule.」

    Against the target of ROE above 12.0% in the fiscal year ending February 2026, the final year of PLAN-W, ROE reached 13.6% for the current fiscal year, exceeding the target 1 year ahead of schedule.
  6. FY2025-H1AdvancedAnnual report

    「ROE on a 12-month annualised basis, reflecting the results for the current interim consolidated accounting period, improved by 4.9 percentage points from 7.1% in the previous consolidated fiscal year to 12.0%.」

    Under the policy of bringing ROE close to 12% in the fiscal year ending February 2026, the final year of PLAN-W, 12-month annualised ROE improved from 7.1% in the previous consolidated fiscal year to 12.0%.
  7. FY2025-Q1RaisedAnnual report

    「The company has newly adopted ROIC as a management indicator in place of ROA based on core operating profit and will work to bring it within reach of the target of 8.5% in the final year of the medium-term management plan "PLAN-W."」

    Separately, the company stated its policy of bringing ROE close to 12% in the fiscal year ending February 2026, the final year of PLAN-W.
  8. FY2024-Q3AdvancedAnnual report

    「In the medium-term management plan "PLAN-W" announced on 8 May 2023, the group stated that it aims to achieve ROE of more than 10%, exceeding the cost of shareholders' equity, within 3 years.」

    ROE improved by 1.7 percentage points from 7.1% in the previous consolidated fiscal year to 8.7%, indicating progress toward the target of above 10% within 3 years.
  9. FY2024-Q2RaisedAnnual report

    「In the medium-term management plan "PLAN-W" announced on 8 May 2023, the group stated that it aims to achieve ROE of more than 10%, exceeding the cost of shareholders' equity, within 3 years.」

    The company specified its target as achieving ROE above 10%, exceeding the cost of shareholders' equity, within 3 years, replacing the previous medium- to long-term target of achieving and maintaining ROE of approximately 10%. ROE based on the cumulative results for the first 2 quarters was 8.8%.
  10. FY2023AdvancedAnnual report

    「The company also aims to achieve and maintain ROE of approximately 10% over the medium to long term by appropriately managing both growth in profit for the period and enhanced shareholder returns.」

    While the company continues to target ROE of approximately 10%, the return on equity attributable to owners of the parent improved from 0.30% in the previous fiscal year to 7.06%, narrowing the gap with the target.
  11. FY2022Target maintained; actual results lowAnnual report

    「The company also aims to achieve and maintain ROE of approximately 10% over the medium to long term by appropriately managing both growth in profit for the period and enhanced shareholder returns.」

    While the company continues to target ROE of approximately 10% over the medium to long term, the return on equity attributable to owners of the parent was 0.30% for the fiscal year ended March 2022.
  12. FY2021RestatedAnnual report

    「The company also aims to achieve and maintain ROE of approximately 10% over the medium to long term by appropriately managing both growth in profit for the period and enhanced shareholder returns.」

    ROE for the year cannot be calculated because of the net loss for the period, but the company reaffirmed its target of achieving and maintaining ROE of approximately 10% over the medium to long term through a combination of profit growth and shareholder returns.
  13. FY2019First statedAnnual report

    「By appropriately managing both earnings growth and enhanced shareholder returns, we aim to achieve and maintain ROE of approximately 10% over the medium to long term.」

    Newly established a target of achieving and maintaining ROE of approximately 10% over the medium to long term through earnings growth and shareholder returns after reducing financial leverage.
Moved together

"People-Centered Management and Enhancing the Value of Human Resources" moved the same way as this thread, in the same document, in 8 of its 16 moves.

877666★123456
  1. ★This thread
  2. 1People-Centered Management and Enhancing the Value of Human Resources8×
  3. 2Maximizing Profit and Transitioning to a More Profitable P&L Structure7×
  4. 3B2B expansion of the platform business7×
  5. 4Dividend policy based on earnings and retained earnings6×
  6. 5Reduction of selling, general and administrative expenses6×
  7. 6Renewed Growth of Existing Brands and Stores6×

★ 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
No upcoming earnings preview for World yet. It last moved in the Earnings of 2026-10-05: "Cited as achieved".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Achieving and Maintaining ROE of Around 10% Over the Medium to Long Term | WORLD CO.,LTD. (3612) | Komori