Failure to Meet Targets Under the Previous Medium-Term Management Plan
First written in FY2018. . Latest entry: FY2021.
The whole theme swung hardest in 2025: 11 of 19 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2021Shortfall quantifiedAnnual report
「The Group had formulated a medium-term plan covering the 3 years from fiscal 2018 through fiscal 2020, but regrettably failed to achieve its management targets for operating profit, operating margin and ROE in fiscal 2020, the final year of the plan.」
The company provides specific details of the shortfall under the former medium-term plan, together with fiscal 2020 actual results for operating profit, operating margin and ROE. - FY2018First statedAnnual report
「The plan's principal management targets, namely revenue, operating profit and ROE, were substantially below plan, and even the earnings forecast for the final year, the fiscal year ending March 2019, was expected to fall substantially short of the plan's targets. As a result, achieving the plan's targets has become difficult.」
The company itself explains that revenue, operating profit and ROE under the former medium-term management plan, which began in fiscal 2014 and ended in fiscal 2018, were substantially below plan and that achieving the targets would be difficult.