Improvement to ROE of 6.0% for FY2020
First written in FY2018. 1 of 5 entries say "Raised", first in FY2025. Latest entry: FY2026.
Katakura & Co-op Agri moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2020: 26 of 115 companies on the "Worse" side.
8 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Net income attributable to owners of the parent (△ indicates a loss) △¥2 billion ¥1.7 billion or more ¥2 billion or more ROE — 6% or more 8% or more」
The previous ROE target of 8% was reorganized into phased targets of 6% or more for fiscal 2030, the final year of structural reform, and 8% or more as the long-term target for fiscal 2034. - FY2025RaisedAnnual report
「[Numerical targets: net income of ¥2 billion or more; ROE of 8% or more; DER of approximately 0.5] ～Aiming to improve PBR and enhance corporate value, centered on higher ROE～」
The Company indicated that it intended to raise its ROE target from the previous 6.0% for fiscal 2020 to 8% or more as a long-term target during the next medium-term management plan. - FY2020Decline in actual ROEAnnual report
「As a result, earnings per share declined from ¥100.12 in the previous fiscal year to ¥90.28, while return on equity declined from 4.5% to 3.9%.」
While the fiscal 2020 ROE target of 6.0% was maintained, actual ROE for the year declined from 4.5% in the previous fiscal year to 3.9%. - FY2019Update to actual ROEAnnual report
「Fiscal 2018 (actual): total assets ¥43.3 billion; net assets ¥22.5 billion; equity ratio 52.2%; ROE 4.4%. Fiscal 2020 (final year): total assets ¥49.0 billion; net assets ¥23.0 billion; equity ratio 46.9%; ROE 6.0%.」
The fiscal 2020 ROE target of 6.0% was maintained, and actual ROE of 4.4% for fiscal 2018 was newly disclosed. - FY2018First statedAnnual report
「The Company regards return on equity (ROE) as an important indicator of improved capital efficiency. It will seek to increase consolidated net income and improve ROE by investing in new business areas, developing high-value-added products and building efficient production and sales systems. Actual ROE in fiscal 2017 was 4.8%, with a target of 6.0% for fiscal 2020, the final year.」
The Company indicated that ROE would improve from actual 4.8% in fiscal 2017 to 6.0% in fiscal 2020 through investment in new businesses, high-value-added products and efficient production and sales systems.