Becoming a highly profitable company through higher operating and ordinary profit margins
First written in FY2018. 2 of 6 entries say "Softened", first in FY2020. Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023AchievedAnnual report
「In the fiscal year ending March 2023, the second year of the medium-term management plan, the company recorded net sales of ¥2,496 million and operating profit of ¥491 million, subscription sales approximately 3.1 times the level in the fiscal year ended March 2021, and long-term, stable dividends at a DOE of 3.5%. The company achieved the target for the final year of the medium-term management plan for every item.」
Regarding the medium-term management plan targets for the fiscal year ending March 2024, the company reported net sales of ¥2,496 million, close to the ¥2,500 million target, operating profit of ¥491 million, subscription sales approximately 3.1 times the previous level, and DOE of 3.5%, explaining that it had achieved the final-year target for every item. - FY2022AdvancedAnnual report
「In the fiscal year ending March 2022, the first year of the medium-term management plan, the company recorded net sales of ¥2,301 million and operating profit of ¥442 million, subscription sales approximately 1.8 times the level in the fiscal year ended March 2021, and long-term, stable dividends at a DOE of 3.4%. Operating profit in particular exceeded the target for the final year of the medium-term management plan ahead of schedule.」
Against the operating profit target of ¥350 million for the fiscal year ending March 2024, the company recorded ¥442 million in the first year, the fiscal year ending March 2022, exceeding the final-year target ahead of schedule. Net sales were ¥2,301 million, subscription sales were approximately 1.8 times the level in the fiscal year ended March 2021, and DOE was 3.4%, with the distance to each target also stated. - FY2021SoftenedAnnual report
「In the medium-term management plan announced on 13 May 2021, covering the 3 fiscal years from the fiscal year ending March 2022 through the fiscal year ending March 2024, the group set the following targets for the final fiscal year ending March 2024: ・Net sales ¥2,500 million ・Operating profit ¥350 million ・Maintain long-term, stable dividends based on a DOE target of 3.5%」
The targets were changed from net sales of at least ¥3,000 million, operating profit of at least ¥900 million, ROE of at least 15.0%, a recurring revenue ratio of at least 65.0%, and DOE of 5.0% under the previous plan for the fiscal year ending March 2022 to the new targets for the fiscal year ending March 2024. - FY2020SoftenedAnnual report
「Although the numerical targets have been withdrawn, there have been no changes to the medium-term vision or management strategy at this time.」
While the numerical targets in the medium-term management plan have been withdrawn, the company states that there will be no changes to its medium-term vision or management strategy. - FY2019ReframedAnnual report
「In the medium-term management plan announced on 20 March 2019, covering the 3 fiscal years from the fiscal year ending March 2020 through the fiscal year ending March 2022, the company set the following targets for the final fiscal year ending March 2022: net sales of at least ¥3,000 million, operating profit of at least ¥900 million, ROE of at least 15.0%, a recurring revenue ratio of at least 65.0%, and DOE of 5.0%.」
The previous policy of becoming a highly profitable company was translated into specific numerical targets in the medium-term management plan, including net sales, operating profit, ROE, the stock-based revenue ratio, and DOE. - FY2018First statedAnnual report
「Accordingly, the target management indicators are the growth rate of software product sales and the ratio of research and development expenses to net sales, among others. From the perspective of financial soundness, they also include the ratio of fixed costs to net sales, given the business characteristic of high contribution margins on software product sales. By continuing to improve operating and ordinary profit margins together, we aim to continue growing as a highly profitable company.」
The company identifies the growth rate of software product sales, the research and development expense ratio, the fixed-cost ratio, the operating profit margin, and the ordinary profit margin as management indicators, and has stated its policy of continuing to grow as a highly profitable company.