Komori
Rengo (3941) · TargetRestated

Ordinary profit margin of at least 5% and a debt-to-equity ratio of no more than 1.5x

First written in FY2017. 4 of 9 entries say "Restated". Latest entry: FY2026.

9entries
10years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2019AchievedFY2020 – FY20232017: 120172018: 120182019: 120192020: 120202021: 020212022: 020222023: 120232024: 120242025: 120252026: 22026
Same theme, other companies
Financial targets: ordinary profit margin and D/E ratioA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「The key management metrics that our group should target for the fiscal year ending March 2030 are as follows: ・Net sales: ¥1.2 trillion ・Ordinary profit: ¥72.0 billion ・ROE (return on equity): 8.5% ・D/E ratio: 0.7 times」

    The Vision120 targets for the fiscal year ending March 2030 were maintained, and the company disclosed current-year results of ¥1.08 trillion in net sales, ¥37.4 billion in ordinary profit, ROE of 4.4% and a D/E ratio of 1.0 times.
  2. 2026-04-24RaisedManagement Planning

    「We aim to achieve a PBR (price-to-book ratio) above 1x at an early stage and sustainably enhance shareholder value.」

    In addition to its conventional profitability and financial leverage metrics, the company explicitly identified the early achievement of a PBR above 1x, improved ROE and earnings growth exceeding the cost of capital as capital policy objectives.
  3. FY2025RaisedAnnual report

    「The key management metrics that our group should target for the fiscal year ending March 2030 are as follows: ・Net sales: ¥1.2 trillion ・Ordinary profit: ¥72.0 billion ・ROE (return on equity): 8.5% ・D/E ratio: 0.7 times」

    The company presented new management metrics for the fiscal year ending March 2030 under Vision120, adding net sales, ordinary profit and ROE to the previous targets of an ordinary profit margin on net sales of 5% or higher and a D/E ratio of 1.5 times or lower, while lowering the D/E ratio target to 0.7 times.
  4. FY2024RestatedAnnual report

    「The key management metrics that our group should target are as follows: ・Ordinary profit margin on net sales: 6% or higher ・D/E ratio: 1.5 times or lower In the current consolidated fiscal year, the ordinary profit margin on net sales was 5.3% and the D/E ratio was 1.0 times.」

    The targets of an ordinary profit margin on net sales of 6% or higher and a D/E ratio of 1.5 times or lower were maintained. The actual ordinary profit margin on net sales was 5.3%, below target, while the D/E ratio was 1.0 times, within the target range.
  5. FY2023RaisedAnnual report

    「The key management metrics that our group should target are as follows: ・Ordinary profit margin on net sales: 6% or higher ・D/E ratio: 1.5 times or lower In the current consolidated fiscal year, the ordinary profit margin on net sales was 3.4% and the D/E ratio was 1.1 times.」

    The target for the ordinary profit margin on net sales was raised from the previous 5% or higher to 6% or higher. The D/E ratio target of 1.5 times or lower was maintained, and the actual result was 1.1 times.
  6. FY2020AchievedAnnual report

    「The key management metrics that our group should target are as follows: ・Ordinary profit margin on net sales: 5% or higher ・D/E ratio: 1.5 times or lower In the current consolidated fiscal year, the ordinary profit margin on net sales was 6.3% and the D/E ratio was 1.2 times.」

    The ordinary profit margin on net sales was 6.3%, meeting the target of 5% or higher, and the D/E ratio was 1.2 times, also meeting the target of 1.5 times or lower.
  7. FY2019RestatedAnnual report

    「The key management metrics that our group aims to achieve consistently are as follows: ・Ordinary profit margin on net sales: 5% or higher ・D/E ratio: 1.5 times or lower In the current consolidated fiscal year, the ordinary profit margin on net sales was 4.2% and the D/E ratio was 1.1 times.」

    The targets of an ordinary profit margin on net sales of 5% or higher and a D/E ratio of 1.5 times or lower were maintained. Actual results were an ordinary profit margin on net sales of 4.2%, below target, and a D/E ratio of 1.1 times.
  8. FY2018RestatedAnnual report

    「The key management metrics that our group aims to achieve consistently are as follows: ・Ordinary profit margin on net sales: 5% or higher ・D/E ratio: 1.5 times or lower In the current consolidated fiscal year, the ordinary profit margin on net sales was 3.8% and the D/E ratio was 1.1 times.」

    The targets of an ordinary profit margin on net sales of 5% or higher and a D/E ratio of 1.5 times or lower were maintained. Actual results were an ordinary profit margin on net sales of 3.8% and a D/E ratio of 1.1 times, with the former below target.
  9. FY2017First statedAnnual report

    「The key management metrics that our group aims to achieve consistently are as follows: ・Ordinary profit margin on net sales: 5% or higher ・D/E ratio: 1.5 times or lower」

    This is the first time the thread has recorded numerical targets for the ordinary profit margin on net sales and the D/E ratio. In the current consolidated fiscal year, the ordinary profit margin on net sales was 4.6% and the D/E ratio was 1.2 times.
Moved together

"Reviewing the Rationale for Cross-Shareholdings and Reducing Them" moved the same way as this thread, in the same document, in 4 of its 9 moves.

433333★123456
  1. ★This thread
  2. 1Reviewing the Rationale for Cross-Shareholdings and Reducing Them4×
  3. 2Improving profitability and expanding scale through capital investment, M&A, business restructuring, and stronger sales capabilities3×
  4. 3Power Generation Facility Investments for Resource Efficiency and Energy Source Diversification3×
  5. 4Development of Environmentally Friendly, High-Value-Added New Products and Technologies3×
  6. 5Building Out a Lineup of Packaging Machinery for E-Commerce and Expanding Deliveries3×
  7. 6Improving Logistics Load-Preparation and Truck-Guidance Efficiency Through AI Technology3×

★ 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
Rengo's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Management Planning of 2026-04-24: "Raised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Ordinary profit margin of at least 5% and a debt-to-equity ratio of no more than 1.5x | Rengo Co.,Ltd. (3941) | Komori