Stable Achievement of ROE of at Least 8%
First written in FY2017. 3 of 9 entries say "Advanced", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2020: 27 of 114 companies on the "Worse" side.
48 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「ROE for the fiscal year was 10.5%, an increase of 2.8 percentage points from the previous fiscal year. We will continue working to achieve this target.」
ROE improved from 7.7% in the previous fiscal year to 10.5%, exceeding the current target of 10% or more. - FY2025Continued Failure to Meet the TargetAnnual report
「ROE for the fiscal year was 7.7%, an increase of 1.0 percentage point from the previous fiscal year. We will continue working to achieve this target.」
ROE improved from 6.7% in the previous fiscal year to 7.7%, but remained below the target of 10% or more. - FY2024Target MissedAnnual report
「From the perspective of prioritizing shareholder returns, our group is pursuing its business with the goal of improving profitability in order to increase capital efficiency, and has set a target of return on equity (ROE) of 10% or more. ROE for the fiscal year was 6.7%, down 5.3 percentage points from the previous fiscal year. We will continue working to achieve this target.」
The company maintained its target of ROE of 10% or more, but ROE for the fiscal year was 6.7%, below the target. - FY2023AdvancedAnnual report
「From the perspective of prioritizing shareholder returns, our group is pursuing its business with the goal of improving profitability in order to increase capital efficiency, and has set a target of return on equity (ROE) of 10% or more. ROE for the fiscal year was 12.0%, down 4.2 percentage points from the previous fiscal year. We will continue working to achieve this target.」
ROE declined from 16.2% in the previous fiscal year to 12.0%, but exceeded the target of 10% or more. The company indicated that it will continue working to improve capital efficiency through the expansion of value-added products, capital investment, research and development investment, and investment in human resources. - FY2022RaisedAnnual report
「Consolidated net sales (of which, functional materials sales) ¥19.0 billion (¥4.6 billion) Consolidated operating profit ¥3.5 billion or more Return on equity (ROE) 10% or more」
The three-year medium-term business plan set a target ROE of 10% or more for the fiscal year ending March 2024. This was a higher target than the previous target of consistently achieving ROE of 8% or more. - FY2021AdvancedAnnual report
「ROE for the fiscal year was 12.8%, an increase of 8.0 percentage points from the previous fiscal year. We will continue working to achieve this target.」
ROE was 12.8%, exceeding the target of 8% or more. However, the company stated that it will continue working to achieve the target. - FY2020RestatedAnnual report
「From the perspective of prioritizing shareholder returns, our group is pursuing its business with the goal of improving profitability in order to increase capital efficiency, and has set a target of consistently achieving a return on equity (ROE) of 8% or more. ROE for the fiscal year was 4.8%.」
The company maintained its target of ROE of 8% or more. ROE for the fiscal year was 4.8%, below the target. - FY2018RestatedAnnual report
「From the perspective of prioritizing shareholder returns, our group is pursuing its business with the goal of improving profitability in order to increase capital efficiency, and has set a target of consistently achieving a return on equity (ROE) of 8% or more. ROE for the fiscal year was 3.4%, compared with negative 3.5% in the previous fiscal year. We will continue working to achieve this target.」
The company maintained its target of ROE of 8% or more, while ROE for the fiscal year was 3.4%. The company reaffirmed its policy of working to achieve the target. - FY2017First statedAnnual report
「From the perspective of prioritizing shareholder returns, our group is pursuing its business with the goal of improving profitability in order to increase capital efficiency, and has set a target of consistently achieving a return on equity (ROE) of 8% or more.」
The company explicitly stated for the first time a stable target of ROE of 8% or more, prioritizing shareholder returns and improving capital efficiency.