Komori
World (3612) · TargetMaintaining the target despite a lower profit mix

Raise the non-apparel businesses’ share of core operating profit to approximately 50% over the medium to long term

First written in FY2019. 1 of 5 entries say "Dropped", first in FY2021-Q2. Latest entry: FY2023.

5entries
5years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2019 – FY2021AdvancedFY20222019: 120192020: 120202021: 120212022: 120222023: 12023
Same theme, other companies
Concentration of Earnings in Strategic Priority Business GroupsA theme 5 companies write about · 0 as a headwind · 5 as a tailwind

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

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Full recordFilings, disclosures and news, newest first
  1. FY2023Maintaining the target despite a lower profit mixAnnual report

    「As a result, while seeking sustainable growth in consolidated core operating profit, the company intends to maintain the share of core operating profit from non-apparel businesses in the group's total core operating profit (Note) at approximately 50%; the figure was 54.3% for the fiscal year ended March 2022 and 40.6% for the fiscal year ended March 2023.」

    The non-apparel businesses' share of profit declined from 54.3% to 40.6%, but the target wording of maintaining approximately 50% over the medium to long term was retained.
  2. FY2022AdvancedAnnual report

    「As a result, while seeking sustainable growth in consolidated core operating profit, the company intends to maintain the share of core operating profit from non-apparel businesses in the group's total core operating profit (Note) at approximately 50% over the medium to long term; the figure was undisclosed for the fiscal year ended March 2021 due to a core operating loss and was 54.3% for the fiscal year ended March 2022.」

    The company disclosed a 54.3% core operating profit share for the non-apparel businesses for the fiscal year ended March 2022 and changed the wording of its target from "increase to approximately 50%" to "maintain at approximately 50%."
  3. FY2021RestatedAnnual report

    「As a result, while seeking sustainable growth in consolidated core operating profit, the company aims to increase the share of core operating profit from non-apparel businesses in the group's total core operating profit (Note) from 39.5% in the fiscal year ended March 2020, with the figure undisclosed for the fiscal year ended March 2021 due to a core operating loss, to approximately 50% over the medium to long term.」

    The share of profit was undisclosed for FY2021 because of a core operating loss, but the target of increasing the non-apparel businesses' share of profit to approximately 50% over the medium to long term has been maintained.
  4. FY2021-Q2DroppedAnnual report

    「As a result, revenue increased but profit declined, with revenue of ¥12,330 million, up 7.8% year on year, including external revenue of ¥4,142 million, down 9.8%, and a core operating loss of ¥983 million, a decline of ¥592 million year on year, in segment profit.」

    Although no change has been stated to the target of increasing the non-apparel businesses' share of profit to approximately 50% over the medium to long term, the digital business generated higher revenue while recording a core operating loss.
  5. FY2019First statedAnnual report

    「We aim to increase the share of core operating profit generated by non-apparel businesses in the Group's total core operating profit from 33% in the fiscal year ended March 2018 and 37% in the fiscal year ended March 2019 to approximately 50% over the medium to long term.」

    For the first time, set a numerical target of approximately 50% over the medium to long term, with actual shares of 33% for the fiscal year ended March 2018 and 37% for the fiscal year ended March 2019.
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