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Sumitomo Seika Chemicals Company,Limited. (4008) · TargetReframed

Chemical Segment Targets ¥40 Billion in FY2025 Sales and a 50% New Product Ratio

First written in FY2017. 1 of 4 entries say "Restated". Latest entry: FY2023.

4entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017 – FY2018SoftenedFY2020 – FY20232017: 120172018: 120182019: 020192020: 120202021: 020212022: 020222023: 12023
Same theme, other companies
Target for Increasing New Product Contribution to SalesA theme 14 companies write about · 0 as a headwind · 14 as a tailwind

Sumitomo Seika Chemicals Company,Limited. moved to the "Worse" side of this theme in 2020.

The whole theme swung hardest in 2021: 2 of 7 companies on the "Worse" side.

1 other company's latest entry also says "Reframed".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2023ReframedAnnual report

    「Fiscal 2025 plan: Functional Materials 400; revenue 1,600」

    The target has been changed from the previous Chemicals segment target of fiscal 2025 revenue of ¥40 billion and a 50% new product ratio to fiscal 2025 revenue of ¥40 billion for the Functional Materials business, which integrates Functional Chemicals and Gas, changing the target's unit and presentation.
  2. FY2020SoftenedAnnual report

    「Under this plan, the Company is targeting fiscal 2022 revenue of ¥24 billion and operating profit of ¥2.8 billion.」

    The previous Chemicals segment targets of fiscal 2025 revenue of ¥40 billion and a 50% new product ratio have been replaced by fiscal 2022 targets for the Functional Chemicals segment of revenue of ¥24 billion and operating profit of ¥2.8 billion.
  3. FY2018RestatedAnnual report

    「The Company aims to achieve a business structure in fiscal 2025 with revenue of ¥40 billion, half of which will come from new products.」

    There is no change to the Chemicals segment's fiscal 2025 targets of revenue of ¥40 billion and a 50% new product ratio.
  4. FY2017First statedAnnual report

    「In the Chemicals segment, the Company will pursue R&D centered on its strengths in functionality, namely “thickening” and “adhesion,” and in technology, namely “synthesis and purification” and “processing.” By creating new businesses and products in Japan and overseas, particularly in the Healthcare & Life and Environment & Energy fields among its main domains, it aims to give concrete form to “vitality (URUOI)” and achieve a business structure in fiscal 2025 with revenue of ¥40 billion, half of which will come from new products.」

    Through R&D and the creation of new businesses and products, the Company is targeting a business structure in fiscal 2025 with revenue of ¥40 billion, half of which will come from new products.
Moved together

"Uncertainty over the outlook due to overseas economic conditions, China's slowdown and the UK's withdrawal from the EU" moved the same way as this thread, in the same document, in 2 of its 4 moves.

222★123
  1. ★This thread
  2. 1Uncertainty over the outlook due to overseas economic conditions, China's slowdown and the UK's withdrawal from the EU2×
  3. 2Achievement of ¥170 billion in sales, ¥20 billion in operating profit and other targets for fiscal 20252×
  4. 3¥30 billion target for the Gas Engineering Business in fiscal 20252×

★ 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
No upcoming earnings preview for Sumitomo Seika Chemicals Company,Limited. yet.
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Chemical Segment Targets ¥40 Billion in FY2025 Sales and a 50% New Product Ratio | Sumitomo Seika Chemicals Company,Limited. (4008) | Komori