Profit Targets and Investment Plan under the New Medium-Term Management Plan (FY2017–FY2019)
First written in FY2017. 7 of 12 entries say "Restated". Latest entry: FY2020.
0 other companies' latest entry also says "Softened".
- FY2020SoftenedAnnual report
「The numerical targets under the Medium-Term Management Plan (Fiscal Years Ending March 2018–March 2020) were an operating margin of at least 6.5%, ordinary profit of ¥13.0 billion for the fiscal year ending March 2020, and ROE of at least 7.0%. In the current consolidated fiscal year, the final year of the plan, existing businesses exceeded their targets on solid sales, but the operating margin was 5.6%, ordinary profit was ¥10.312 billion, and ROE was 4.8%, due in part to a lack of progress on the M&A and business alliances incorporated into the plan and the continued underperformance of equity-method investment income versus the plan.」
The company explicitly stated that actual results for the final year of the medium-term plan fell below the numerical targets for operating margin, ordinary profit, and ROE. - FY2020-Q3RestatedAnnual report
「Under these circumstances, our group is pursuing the themes of the “Medium-Term Management Plan (FY2018–FY2020),” namely “Improving business profitability” and “Creating new businesses,” and is working to further enhance corporate value.」
Toward the final year of the medium-term management plan, no changes to the numerical targets or new outlook for achieving them were presented, and the company continues to pursue the 2 themes. - FY2020-Q2RestatedAnnual report
「Under these circumstances, our group is pursuing the themes of the “Medium-Term Management Plan (FY2018–FY2020),” namely “Improving business profitability” and “Creating new businesses,” and is working to further enhance corporate value.」
Toward the final year of the medium-term management plan, no changes to the numerical targets or new outlook for achieving them were presented, and the company continues to pursue the 2 themes. - FY2020-Q1RestatedAnnual report
「Under these circumstances, our group is pursuing the themes of the “Medium-Term Management Plan (FY2018–FY2020),” namely “Improving business profitability” and “Creating new businesses,” and is working to further enhance corporate value.」
Toward the final year of the medium-term management plan, the company continues to pursue the themes of “improving the profitability of existing businesses” and “creating new businesses.” This quarterly report contains no new disclosure regarding the outlook for achieving the numerical targets. - FY2019SoftenedAnnual report
「The targets set out in the “Medium-Term Management Plan (Fiscal Years Ending March 2018–March 2020)” are an operating margin of at least 6.5% (at least 8.0% excluding the trading business), ordinary profit of ¥13.0 billion for the fiscal year ending March 2020, ROE of at least 7.0%, and total investment of ¥50.0 billion over 3 years (¥10.0 billion in growth investments, ¥20.0 billion in maintenance and replacement investments, and ¥20.0 billion in M&A and other investments). Although achieving the numerical targets in the fiscal year ending March 2020, the final year of the plan, is expected to be difficult, the company will pursue its themes of “improving the profitability of existing businesses” and “creating new businesses” and work with full effort on measures to further enhance corporate value.」
The medium-term plan’s numerical targets and investment plan were reiterated, while the company stated for the first time that the numerical targets for the final year were expected to be difficult to achieve. - FY2019-Q3RestatedAnnual report
「Under these circumstances, our group is pursuing the themes of the “Medium-Term Management Plan (FY2018–FY2020),” namely “Improving business profitability” and “Creating new businesses,” and is working to further enhance corporate value.」
The company continues to pursue the medium-term management plan for the fiscal years ending March 2018 through March 2020 and its themes during the cumulative third-quarter period. - FY2019-Q2RestatedAnnual report
「We are pursuing the themes of the “Medium-Term Management Plan (FY2018–FY2020),” namely “Improving business profitability” and “Creating new businesses,” and working to further enhance corporate value.」
The company continues to pursue the medium-term management plan for the fiscal years ending March 2018 through March 2020 and its themes. - FY2019-Q1RestatedAnnual report
「Under these circumstances, our group is pursuing the themes of the “Medium-Term Management Plan (FY2018–FY2020),” namely “Improving business profitability” and “Creating new businesses,” and is working to further enhance corporate value.」
The company continues to pursue the medium-term management plan for the fiscal years ending March 2018 through March 2020 and its themes of improving the profitability of existing businesses and creating new businesses. - FY2018Disclosure of the gap versus medium-term targetsAnnual report
「The targets set out in the “Medium-Term Management Plan (Fiscal Years Ending March 2018–March 2020)” are an operating margin of at least 6.5% (at least 8.0% excluding the trading business), ordinary profit of ¥13.0 billion for the fiscal year ending March 2020, and ROE of at least 7.0%. In the current consolidated fiscal year, the operating margin was 4.5% (5.4% excluding the trading business), ordinary profit was ¥9.204 billion, and ROE was 4.6%. The company will continue working toward achieving the targets.」
The medium-term targets were reiterated at the same levels, and actual results for the current fiscal year were disclosed as a 4.5% operating margin, ¥9.204 billion in ordinary profit, and 4.6% ROE. All were below the stated targets, and the company said it would continue working toward achieving them. - FY2018-Q3RestatedAnnual report
「Under these circumstances, our group is pursuing the themes of the “Medium-Term Management Plan (FY2018–FY2020),” namely “Improving business profitability” and “Creating new businesses,” and is working to further enhance corporate value.」
The company continues to pursue the medium-term management plan for the fiscal years ending March 2018 through March 2020 and its 2 themes. - FY2018-Q1ReframedAnnual report
「Under these circumstances, our group has formulated the “New Medium-Term Management Plan (FY2018–FY2020)” and is working to enhance corporate value, with “Improving business profitability” and “Creating new businesses” as its themes.」
The plan period and themes were updated from the previous new medium-term management plan for fiscal years 2017–2019 to the new plan covering the fiscal years ending March 2018 through March 2020. No specific profit targets were presented in this filing. - FY2017First statedAnnual report
「The targets set out in the “New Medium-Term Management Plan (FY2017-FY2019)” are an operating margin of at least 6.5% (at least 8.0% excluding the trading business), ordinary income of ¥13.0 billion for the fiscal year ending March 2020, ROE of at least 7.0%, and total investment of ¥50.0 billion over 3 years (¥10.0 billion in growth investment, ¥20.0 billion in maintenance and renewal investment, and ¥20.0 billion in M&A and other investment).」
For fiscal years 2017–2019, the company set specific targets for the first time for operating margin, ordinary profit for the fiscal year ending March 2020, ROE, and the amount and breakdown of investments over the 3-year period.