Komori
Pro-Ship (3763) · TargetReframed

Medium- to long-term targets: gross margin of at least 51% and ordinary profit margin of at least 25%

First written in FY2017. 5 of 9 entries say "Advanced", first in FY2018. Latest entry: FY2026.

9entries
10years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2018 – FY2022AdvancedFY2024 – 2026-05-152017: 120172018: 120182019: 120192020: 020202021: 120212022: 120222023: 120232024: 120242025: 020252026: 22026
Same theme, other companies
Target for improving the ordinary profit margin on salesA theme 69 companies write about · 2 as a headwind · 68 as a tailwind

The whole theme swung hardest in 2018: 5 of 50 companies on the "Worse" side.

5 other companies' latest entry also says "Reframed".

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 69 companies compared. The sentences above are computed from all 69.
Full recordFilings, disclosures and news, newest first
  1. FY2026ReframedAnnual report

    「In the medium-term management plan “Be Hybrid 2028,” announced on 20 November 2024, the Company has set targets of achieving an ordinary profit margin of more than 30% in every consolidated fiscal year from the fiscal year ended March 2025 through the fiscal year ending March 2029, ordinary profit of more than ¥10 million per employee in the fiscal year ending March 2029, and average annual growth of 17.1% in net sales and 19.1% in ordinary profit over the five years from the fiscal year ended March 2025 through the fiscal year ending March 2029.」

    In addition to the previous targets of a gross margin of at least 51% and an ordinary profit margin of at least 25%, Be Hybrid 2028 sets new medium-term targets centered on the ordinary profit margin, profit per employee, and net sales and ordinary profit growth rates.
  2. 2026-05-15AchievedEarnings

    「Revenue of ¥8,374 million, up 10.7% year on year; operating profit of ¥2,925 million, up 26.7%; ordinary profit of ¥3,074 million, up 26.4%.」

    The gross profit margin was approximately 57.0% and the ordinary profit margin approximately 36.7%, both exceeding the medium- to long-term targets of at least 51% and at least 25%, respectively.
  3. FY2024AdvancedAnnual report

    「The gross margin for the fiscal year was 52.0% and the ordinary profit margin was 27.6%.」

    Against the medium- to long-term targets of a gross margin of at least 51% and an ordinary profit margin of at least 25%, the current fiscal year exceeded both target levels, with a gross margin of 52.0% and an ordinary profit margin of 27.6%. This represents a recovery from the previous fiscal year's failure to meet the gross margin target.
  4. FY2023Gross margin target missedAnnual report

    「The Group is pursuing a high-growth, highly profitable strategy and working continuously to achieve a gross margin of at least 51% and an ordinary profit margin of at least 25%. For the fiscal year, the gross margin was 48.6% and the ordinary profit margin was 27.7%.」

    The ordinary profit margin exceeded the target of at least 25%, while the gross margin was 48.6%, below the target level of at least 51%.
  5. FY2022AdvancedAnnual report

    「The gross margin for the fiscal year was 53.0% and the ordinary profit margin was 34.0%, achieving the target levels.」

    Against the medium- to long-term targets of a gross margin of at least 51% and an ordinary profit margin of at least 25%, the current fiscal year achieved a gross margin of 53.0% and an ordinary profit margin of 34.0%, meeting both target levels.
  6. FY2021AdvancedAnnual report

    「Over the medium to long term, we aim for a gross margin of at least 51% and an ordinary profit margin of at least 25%, and seek to increase corporate value by achieving these targets consistently. For the fiscal year, the gross margin was 52.8% and the ordinary profit margin was 32.9%, achieving the target levels.」

    The Company reiterated its medium- to long-term targets of a gross margin of at least 51% and an ordinary profit margin of at least 25%, stating that the current fiscal year achieved a gross margin of 52.8% and an ordinary profit margin of 32.9%, meeting the target levels.
  7. FY2019AdvancedAnnual report

    「The gross margin for the fiscal year was 55.1%, up 0.5 percentage point year on year, while the ordinary profit margin was 35.9%, up 2 percentage points, achieving the target levels.」

    Against the medium- to long-term targets of a gross margin of at least 51% and an ordinary profit margin of at least 25%, the Company states that the current fiscal year achieved a gross margin of 55.1% and an ordinary profit margin of 35.9%, meeting both target levels.
  8. FY2018AdvancedAnnual report

    「The ordinary profit margin for the fiscal year declined 4.4 percentage points year on year to 33.9%, due in part to the occurrence of some unprofitable projects in the package solutions business, compared with 38.3% in the previous fiscal year, but the target level was achieved.」

    The Company states that its ordinary profit margin was 33.9%, achieving the medium- to long-term target level of at least 25%.
  9. FY2017First statedAnnual report

    「Over the medium to long term, we aim for a gross margin of at least 51% and an ordinary profit margin of at least 25%, and seek to increase corporate value by achieving these targets consistently.」

    The Company has for the first time explicitly stated medium- to long-term targets of a gross margin of at least 51% and an ordinary profit margin of at least 25% as part of its development as a high-growth, highly profitable company.
Moved together

"Continued investment to improve operational efficiency and product competitiveness" moved the same way as this thread, in the same document, in 6 of its 9 moves.

644433★123456
  1. ★This thread
  2. 1Continued investment to improve operational efficiency and product competitiveness6×
  3. 2Record-High Profit4×
  4. 3Substantial Increase in Order Intake and Deferral of Revenue Recognition to the Following Quarter4×
  5. 4Future Loss Risk in Made-to-Order Software Projects4×
  6. 5Enhanced IFRS and global capabilities for the fixed asset system3×
  7. 6Revenue and profit growth in the first half3×

★ 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 Pro-Ship yet. It last moved in the Earnings of 2026-05-15: "Achieved".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Medium- to long-term targets: gross margin of at least 51% and ordinary profit margin of at least 25% | Pro-Ship Incorporated (3763) | Komori