Revenue and Profit Targets under the Medium-Term Management Plan “Challenge2021”
First written in FY2019. 1 of 3 entries say "Advanced", first in FY2020. Latest entry: FY2022.
The whole theme swung hardest in 2021: 17 of 81 companies on the "Worse" side.
- FY2022Medium-term plan completed; targets not achievedAnnual report
「We pursued the three-year mid-term management plan “Challenge2021” from FY2019 through FY2021. However, due to changes in the business environment caused by the spread of infectious diseases, the plan ended with its targets for sales, ordinary profit and net income attributable to owners of the parent unmet.」
The Challenge2021 targets of revenue of ¥40 billion, an ordinary profit margin of 6% or more, and net income of ¥1.5 billion ended without being achieved due to the impact of the spread of infectious diseases and other factors. - FY2020Progress figures for the plan disclosedAnnual report
「Current progress stands at revenue of ¥33.5 billion, an ordinary profit margin of 4.8%, net income attributable to owners of the parent of ¥900 million, ROE of 6.4%, an equity ratio of 50.1%, and a payout ratio of 34.0%. Although the assumptions and other conditions underlying the medium-term management plan have changed and the business environment remains challenging, we will continue working toward achieving the targets.」
For the first time, current results against Challenge2021 targets of revenue of ¥40 billion, an ordinary profit margin of 6% or more, and net income of ¥1.5 billion have been compiled and disclosed. - FY2019First statedAnnual report
「In light of these circumstances, we formulated the next medium-term management plan, Challenge2021, with fiscal 2019 as its first year. Challenge2021 consists of 3 management policies and 5 growth strategies, and we will conduct our business activities toward achieving targets of consolidated revenue of ¥40 billion and consolidated net income attributable to owners of the parent of ¥1.5 billion. Our target management indicators are revenue of ¥40 billion, an ordinary profit margin of 6% or more, and net income of ¥1.5 billion.」
The next 3-year plan following Challenge2018, beginning in fiscal 2019, sets targets of consolidated revenue of ¥40 billion, an ordinary profit margin of 6% or more, and net income of ¥1.5 billion.