Achievement of Management Targets under the Second Medium-Term Business Plan
First written in FY2016. 7 of 9 entries say "Restated". Latest entry: FY2018.
13 other companies' latest entry also says "Other".
- FY2018Some of the numerical targets under the Second Medium-Term Business Plan achieved and others not achievedAnnual report
「Net sales exceeded the target by ¥31.3 billion, mainly due to the effects of consolidating Nisshinbo HD's paper products business and 三浦印刷株式会社 as new subsidiaries. In terms of profit, the company had approached a level at which it could achieve its profit targets in fiscal 2015 and fiscal 2016 by pursuing the structural transformation of the printing paper business in response to declining demand for newsprint and printing paper due to population decline and the shift to electronic media, and by strengthening the paperboard and corrugated packaging businesses, where demand is growing. However, the profit target was not achieved because segment profit in the paper and paperboard businesses declined significantly in fiscal 2017 after wastepaper prices in Japan and overseas rose unexpectedly sharply from the second half of 2016.」
For the final year of the Second Medium-Term Business Plan, net sales exceeded the ¥500 billion target, while targets including ordinary profit of ¥25 billion, net interest-bearing debt of less than ¥250 billion, a net debt-to-equity ratio of 1.5 times, and an equity ratio of 28% were not achieved. - FY2018-Q3RestatedAnnual report
「Against this backdrop, in addition to implementing the initiatives under the Second Medium-Term Business Plan, whose final fiscal year is fiscal 2017 and which was announced on 28 May 2015, the Group is pursuing unified initiatives to realize synergies in the printing paper and home and personal care businesses at an early stage following the acquisition of the paper products business from Nisshinbo Holdings Inc. (hereinafter, Nisshinbo HD) in April 2017 and the addition of 三浦印刷株式会社 to the Group.」
The company continues to state its commitment to implementing the initiatives under the Second Medium-Term Business Plan and realizing synergies at an early stage through the acquisition of the paper products business from Nisshinbo HD and the addition of 三浦印刷株式会社 to the Group. - FY2018-Q2RestatedAnnual report
「Against this backdrop, in addition to implementing the initiatives under the Second Medium-Term Business Plan, whose final fiscal year is fiscal 2017 and which was announced on 28 May 2015, the Group is pursuing unified initiatives to realize synergies in the printing paper and home and personal care businesses at an early stage following the acquisition of the paper products business from Nisshinbo Holdings Inc. in April 2017 and the addition of 三浦印刷株式会社 to the Group.」
The company continues to state its commitment to implementing the initiatives under the Second Medium-Term Business Plan and realizing synergies with Nisshinbo's paper products business and 三浦印刷株式会社 at an early stage. - FY2018-Q1RestatedAnnual report
「Against this backdrop, in addition to achieving the management targets under the Second Medium-Term Business Plan, whose final fiscal year is fiscal 2017 and which was announced on 28 May 2015, the Group is pursuing unified initiatives to realize synergies in the printing paper and home and personal care businesses at an early stage following the acquisition of the paper products business from Nisshinbo Holdings Inc. in April 2017 and the addition of 三浦印刷株式会社 to the Group.」
The company reconfirmed the achievement of the management targets for the final year of the Second Medium-Term Business Plan and stated the early realization of synergies related to Nisshinbo's paper products business and 三浦印刷株式会社 as a parallel priority. - FY2017RestatedAnnual report
「Under the Second Medium-Term Business Plan, the Group will promote initiatives including the structural transformation of the printing paper business, the strengthening of the paperboard and corrugated packaging businesses, and the acceleration of growth in the home and personal care business, while pursuing thorough cost reductions and the utilization of diverse human resources. Through these efforts, it aims to improve profitability and its financial position and establish a stronger management base and corporate structure.」
The company reconfirmed the Second Medium-Term Business Plan as a plan through the fiscal year ending March 2018 and stated numerical targets of net sales of ¥500 billion, ordinary profit of ¥25 billion, net interest-bearing debt of less than ¥250 billion, a net debt-to-equity ratio of 1.5 times, and an equity ratio of 28%. - FY2017-Q3RestatedAnnual report
「Against this backdrop, the Group is pursuing unified initiatives to achieve the management targets under the Second Medium-Term Business Plan, whose final fiscal year is fiscal 2017 and which was announced on 28 May 2015.」
The company continues to state its commitment to achieving the management targets for fiscal 2017, the final year of the Second Medium-Term Business Plan. - FY2017-Q2RestatedAnnual report
「Against this backdrop, the Group is pursuing unified initiatives to achieve the management targets under the Second Medium-Term Business Plan, whose final fiscal year is fiscal 2017 and which was announced on 28 May 2015.」
The company continues to state its commitment to achieving the management targets toward the final year of the Second Medium-Term Business Plan. - FY2017-Q1RestatedAnnual report
「Against this backdrop, the Group is pursuing unified initiatives to achieve the management targets under the Second Medium-Term Business Plan, whose final fiscal year is fiscal 2017 and which was announced on 28 May 2015.」
The company continues to state its commitment to the final year of the Second Medium-Term Business Plan and to achieving its management targets. - FY2016First statedAnnual report
「The Group is pursuing unified initiatives to achieve the management targets under the Second Medium-Term Business Plan announced in May 2015, whose final fiscal year is fiscal 2017.」
The 3-year Medium-Term Business Plan ending in fiscal 2017 is positioned as a key management target.