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Okayama Paper Industries (3892) · TargetRaised

Target of achieving operating profit of ¥500 million and ROE of 5%

First written in FY2019. 4 of 8 entries say "Achieved", first in FY2020. Latest entry: FY2026.

8entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019AchievedFY2020 – FY2022OtherFY2023RaisedFY2024 – FY20262019: 120192020: 120202021: 120212022: 120222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Operating Profit and ROE Targets in Medium-Term Management PlansA theme 51 companies write about · 2 as a headwind · 52 as a tailwind

The whole theme swung hardest in 2021: 5 of 21 companies on the "Worse" side.

3 other companies' latest entry also says "Raised".

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 51 companies compared. The sentences above are computed from all 51.
Full recordFilings, disclosures and news, newest first
  1. FY2026RaisedAnnual report

    「The targets are operating profit of ¥500 million and ROE above the shareholder equity cost of 7–10% recognized by the Company. In the fiscal year under review, operating profit was ¥900 million and ROE was 6.0%.」

    The operating profit target of ¥500 million was maintained, while the ROE target was raised from the previous level above the shareholder equity cost of 6–9% to a level above 7–10%. ROE for the year was 6.0%, below the target level.
  2. FY2025RaisedAnnual report

    「The targets are operating profit of ¥500 million and ROE above the shareholder equity cost of 6–9% recognized by the Company. In the fiscal year under review, operating profit was ¥1 billion and ROE was 6.3%.」

    The operating profit target of ¥500 million was maintained, while the ROE target was changed from the previous 5% to a level above the shareholder equity cost of 6–9%. ROE for the period was 6.3%, within that range.
  3. FY2024AchievedAnnual report

    「In the current fiscal year, operating profit was ¥1.6 billion and ROE was 10.2%.」

    Operating profit was ¥1.6 billion against a target of ¥500 million, and ROE was 10.2% against a target of 5%, indicating that both targets were achieved.
  4. FY2023ROE target missedAnnual report

    「In the current fiscal year, operating profit was ¥600 million and ROE was 4.7%.」

    Operating profit exceeded the ¥500 million target, while ROE was 4.7% against the 5% target and was reported as below target.
  5. FY2022AchievedAnnual report

    「In the current fiscal year, operating profit was ¥600 million and ROE was 5.9%.」

    Operating profit was ¥600 million against the ¥500 million target, and ROE was 5.9% against the 5% target, with both targets reported as achieved.
  6. FY2021AchievedAnnual report

    「In the current fiscal year, operating profit was ¥800 million and ROE was 6.5%. The Company achieved operating profit of ¥500 million, one of its target management indicators. ROE was 6.5%, enabling the Company to achieve its target ROE of 5%, one of its target management indicators.」

    Operating profit was ¥800 million against the ¥500 million target, and ROE was 6.5% against the 5% target, with both targets reported as achieved.
  7. FY2020AchievedAnnual report

    「The Company positions operating profit and ROE (return on equity) as objective management indicators for assessing progress toward its objectives of sustainable growth and increased corporate value. Its targets are operating profit of ¥500 million and ROE of 5%. In the current fiscal year, operating profit was ¥1.3 billion and ROE was 11.1%.」

    Operating profit was ¥1.3 billion against the ¥500 million target, and ROE was 11.1% against the 5% target, with both targets reported as achieved.
  8. FY2019First statedAnnual report

    「The Company has set operating profit of ¥500 million and ROE (return on equity) of 5% as objective indicators for achieving sustainable growth and increasing corporate value. The Company achieved operating profit of ¥500 million, one of its target management indicators. ROE was 6.4%, enabling the Company to achieve its target ROE of 5%, one of its target management indicators.」

    The Company set operating profit of ¥500 million and ROE of 5% as management indicators and reported achievement of both targets in this filing, with operating profit of ¥752 million and ROE of 6.4%.
Moved together

"Capital investment to improve paperboard product quality" moved the same way as this thread, in the same document, in 6 of its 8 moves.

654422★123456
  1. ★This thread
  2. 1Capital investment to improve paperboard product quality6×
  3. 2Production in Line with Demand and Maintenance of Appropriate Prices5×
  4. 3Rising purchase prices for raw materials and fuel4×
  5. 4Diversification of Sales Channels and On-Demand, Small-Lot Order Fulfillment4×
  6. 5Ongoing losses and impairment risk for fixed assets in the decorative corrugated packaging business2×
  7. 6Discontinuation of the director retirement benefit plan and introduction of a restricted stock compensation plan2×

★ 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
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Target of achieving operating profit of ¥500 million and ROE of 5% | Okayama Paper Industries Co.,Ltd. (3892) | Komori