Net Sales and Operating Profit Targets under the 7th Medium-Term Management Plan
First written in FY2019. 12 of 17 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2021: 18 of 81 companies on the "Worse" side.
- FY2024DroppedAnnual report
「The Group formulated the five-year Eighth Medium-Term Management Plan, with the fiscal year ending March 2026 as its final year, under the theme of “New growth and transformation of the corporate structure through a shift in the business portfolio,”」
The numerical targets of the 7th Medium-Term Management Plan are no longer presented as targets under the current plan, and the company has transitioned to the 8th Medium-Term Management Plan. - FY2024-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by our Group during the third quarter of the current consolidated cumulative period.」
It is stated that there were no material changes during the third quarter to management policies, management strategies or other matters, including the 7th Medium-Term Management Plan. - FY2024-Q1RestatedAnnual report
「There were no material changes during the cumulative first quarter in the management policies, management strategies or other matters established by the Group.」
It is stated that there were no material changes during the first quarter to management policies, management strategies or other matters, including the 7th Medium-Term Management Plan. - FY2023RaisedAnnual report
「The group formulated the 8th Medium-Term Management Plan, a 5-year plan ending in the fiscal year ending March 2026, under the theme of “New growth and transformation of the corporate structure through a shift in the business portfolio.” The plan sets out the initiatives “Develop businesses supporting 5G and DX,” “Develop products contributing to the SDGs,” and “Enhance corporate value through structural reform and improvements to the corporate structure.” The group has worked to accelerate new product launches, build business models, implement structural reform and reform its corporate culture, with targets for the final year of consolidated revenue of at least ¥36,000 million, operating profit of at least ¥2,000 million and ROA of at least 3%. In light of the fact that the numerical targets for the first 2 years significantly exceeded the initial plan assumptions, due to improvements in market conditions compared with when the plan was initially formulated, the profit-boosting effect of yen depreciation beyond expectations and greater-than-expected earnings improvement from structural reform, the company reviewed the 8th Medium-Term Management Plan. Under the revised plan, the company is targeting consolidated revenue of ¥40,000 million and operating profit of ¥3,500 million for the final year, the fiscal year ending March 2026, and has replaced ROA with ROE as the profitability indicator, targeting 15.5%.」
Following the review of the 8th Medium-Term Management Plan, the targets for the fiscal year ending March 2026 were raised from revenue of at least ¥36,000 million to ¥40,000 million and from operating profit of at least ¥2,000 million to ¥3,500 million, while the profitability indicator was changed from ROA of 3% to ROE of 15.5%. - FY2023-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by our Group during the third quarter of the current consolidated cumulative period.」
It is stated that there were no material changes during the current quarter to management policies, management strategies or other matters, including the revised 7th Medium-Term Management Plan. - FY2023-Q1RestatedAnnual report
「There were no material changes during the cumulative first quarter in the management policies, management strategies or other matters established by the Group.」
It is stated that there were no material changes during the current quarter to management policies, management strategies or other matters, including the revised 7th Medium-Term Management Plan. - FY2022-Q3ReframedAnnual report
「The company is working to maximize the corporate value of its group based on the 8th Medium-Term Management Plan, a 5-year plan beginning in the current fiscal year,」
The planning framework transitioned from the previous 7th Medium-Term Management Plan to the 8th Medium-Term Management Plan, a 5-year plan beginning in the current fiscal year. - FY2022-Q2RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative second quarter of the current fiscal year.」
It is stated that there were no material changes during the current quarter to management policies, management strategies or other matters, including the revised 7th Medium-Term Management Plan. - FY2022-Q1RestatedAnnual report
「There were no material changes during the cumulative first quarter in the management policies, management strategies or other matters established by the Group.」
It is stated that there were no material changes during the current quarter to management policies, management strategies or other matters, including the 7th Medium-Term Management Plan. - FY2021-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by our Group during the third quarter of the current consolidated cumulative period.」
It is stated that there were no material changes during the current quarter to management policies, management strategies or other matters, including the revised 7th Medium-Term Management Plan. - FY2021-Q2RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative second quarter of the current fiscal year.」
It is stated that there were no material changes during the current quarter to management policies, management strategies or other matters concerning the revised 7th Medium-Term Management Plan ending in the fiscal year ending March 2025. - FY2021-Q1RestatedAnnual report
「There were no material changes during the cumulative first quarter in the management policies, management strategies or other matters established by the Group.」
The Company states that there have been no material changes to its management policies, management strategies or other matters, including the 7th Medium-Term Management Plan. - FY2020SoftenedAnnual report
「One year later, taking into account the company’s current operating environment, the company newly formulated a revised 7th Medium-Term Management Plan ending in the fiscal year ending March 2025 and began initiatives in April this year to achieve it. However, because new factors with a significant impact on performance, including the COVID-19 pandemic, emerged, the company determined that it was necessary to review its management plan and is currently proceeding with its formulation.」
The 7th Medium-Term Management Plan transitioned to a revised version ending in the fiscal year ending March 2025, but is currently being reviewed again in response to COVID-19 and other factors, and the previous numerical targets are not presented in this filing. - FY2020-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by our Group during the third quarter of the current consolidated cumulative period.」
It was determined that there were no material changes during the current quarter to the 7th Medium-Term Management Plan. - FY2020-Q2RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative second quarter of the current fiscal year.」
It was determined that there were no material changes during the current quarter to the 7th Medium-Term Management Plan. - FY2020-Q1RestatedAnnual report
「There were no material changes during the cumulative first quarter in the management policies, management strategies or other matters established by the Group.」
It was determined that there were no material changes during the current quarter to the 7th Medium-Term Management Plan established for the fiscal year ending March 2019. - FY2019First statedAnnual report
「The company formulated the 7th Medium-Term Management Plan, a 3-year plan ending in the fiscal year ending March 2022, under the theme of “Strengthening the foundation for a return to a growth trajectory.” In addition to strengthening cost competitiveness, the company aims to accelerate the launch of further new products, particularly in the “thermal, electrical and electromagnetic wave control materials” field, an area in which it has focused its efforts to date, accelerate new product development in other fields as well, and build on the results of expanded sales and marketing activities in Japan and overseas. For the fiscal year ending March 2022, the final year of the 7th Medium-Term Management Plan, the company set targets of revenue of at least ¥40,000 million and operating profit of at least ¥2,000 million.」
The company newly established the 7th Medium-Term Management Plan, with targets of revenue of at least ¥40,000 million and operating profit of at least ¥2,000 million for the fiscal year ending March 2022.