Strengthening the Earnings Base for Sustainable Growth
First written in FY2016. 15 of 37 entries say "Advanced", first in FY2019-Q2. Latest entry: 2026-08-07.
Titan Kogyo moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
18 other companies' latest entry also says "Restated".
- 2026-08-07RestatedResults
「Against this backdrop, under the Seventh Medium-Term Management Plan (fiscal years ending March 2025 to March 2027), the Group worked to enhance corporate value by expanding sales of products for cosmetics applications, improving profitability and strengthening risk resilience.」
第７次中期経営計画に基づく化粧品向け製品の拡販、収益性向上及びリスク耐性強化の取組みを再掲している。 - FY2026AdvancedAnnual report
「The Group formulated the Seventh Medium-Term Management Plan (fiscal 2024 through fiscal 2026) and set medium- to long-term targets focused on scale and return on capital. In terms of scale, it aims to achieve net sales of ¥15 billion in 2036, the 100th anniversary of its founding, and in terms of return on capital, it aims to consistently achieve an ROE of 8%.」
In addition to the plan through fiscal 2026, the Seventh Medium-Term Management Plan explicitly sets the medium- to long-term targets of net sales of ¥15 billion and ROE of 8% in 2036, the 100th anniversary of the company's founding. - FY2026-H1ReframedAnnual report
「Against this backdrop, under the Seventh Medium-Term Management Plan (fiscal years ending March 2025 to March 2027), the Group worked to enhance corporate value by expanding sales of products for cosmetics applications, improving profitability and strengthening risk resilience.」
The priorities of the Seventh Medium-Term Management Plan have been made more specific, shifting from the stated goal of an early recovery in sluggish performance to expanding sales of products for cosmetics applications, improving profitability and strengthening risk resilience. - FY2025-H1ReframedAnnual report
「Against this backdrop, under the Seventh Medium-Term Management Plan (fiscal years ending March 2025 to March 2027), the Group worked to achieve an early recovery in its sluggish performance and enhance corporate value.」
The company changed from the Sixth Medium-Term Management Plan to the Seventh Medium-Term Management Plan, with the focus changed to an early recovery in sluggish performance and enhancement of corporate value. - FY2024-Q3WorsenedAnnual report
「Against this backdrop, under the three-year Sixth Medium-Term Management Plan (fiscal years ending March 2022 to March 2024), the Group worked to enhance corporate value by improving profitability through cost reductions, realizing its growth strategy and using management resources efficiently. Net sales for the nine months ended 31 December 2023 were ¥5,438 million, down 5.7% year on year, due to a decline in shipments of some products. In terms of income, the decline in net sales, lower production volume and persistently high prices for major raw materials and fuels resulted in an operating loss of ¥578 million, compared with operating income of ¥251 million in the same period of the previous year, an ordinary loss of ¥503 million, compared with ordinary income of ¥215 million, and a loss attributable to owners of the parent of ¥381 million, compared with profit attributable to owners of the parent of ¥168 million.」
Initiatives to improve profitability and other measures under the Sixth Medium-Term Management Plan continued, but nine-month cumulative net sales declined 5.7% year on year, and operating income, ordinary income and profit attributable to owners of the parent all turned from profits in the same period of the previous year to losses. - FY2024-Q2WorsenedAnnual report
「Against this backdrop, under the three-year Sixth Medium-Term Management Plan (fiscal years ending March 2022 to March 2024), the Group worked to enhance corporate value by improving profitability through cost reductions, realizing its growth strategy and using management resources efficiently.” “Net sales for the six months ended 30 September 2023 were ¥3,546 million, down 9.0% year on year, due to a decline in shipments of some products.” “In terms of income, the decline in net sales, lower production volume and persistently high prices for major raw materials and fuels resulted in an operating loss of ¥277 million, compared with operating income of ¥216 million in the same period of the previous year, an ordinary loss of ¥277 million, compared with ordinary income of ¥184 million, and a loss attributable to owners of the parent of ¥192 million, compared with profit attributable to owners of the parent of ¥159 million.”」
Initiatives under the Sixth Medium-Term Management Plan continued, but six-month cumulative net sales declined, and operating income, ordinary income and profit attributable to owners of the parent all turned from profits in the same period of the previous year to losses. - FY2024-Q1WorsenedAnnual report
「Net sales for the three months ended 30 June 2023 were ¥1,931 million, down 13.8% year on year, due to a decline in shipments of some products. In terms of income, the decline in net sales, lower production volume and persistently high prices for major raw materials and fuels resulted in an operating loss of ¥39 million, compared with operating income of ¥185 million in the same period of the previous year, an ordinary loss of ¥37 million, compared with ordinary income of ¥190 million, and a loss attributable to owners of the parent of ¥26 million, compared with profit attributable to owners of the parent of ¥136 million.」
The policy of improving profitability under the Sixth Medium-Term Management Plan continued, but first-quarter net sales declined, and operating income, ordinary income and profit attributable to owners of the parent all turned from profits in the same period of the previous year to losses. - FY2023WorsenedAnnual report
「Net sales for the consolidated fiscal year were ¥8,070 million, down 1.0% from the previous consolidated fiscal year, as a decline in shipments of some products outweighed the effect of revised sales prices in response to soaring prices for major raw materials and fuels.」
Despite revised sales prices and cost reductions, full-year net sales declined 1.0% year on year due to lower product shipments. - FY2023-Q3WorsenedAnnual report
「Against this backdrop, under the three-year Sixth Medium-Term Management Plan (fiscal years ending March 2022 to March 2024), the Group worked to enhance corporate value by improving profitability through cost reductions, realizing its growth strategy and using management resources efficiently. Although sales prices were revised in response to soaring prices for major raw materials and fuels, net sales for the nine months ended 31 December 2022 declined 0.4% year on year to ¥5,770 million due to a decrease in shipments of some products. Operating income declined 16.8% to ¥251 million, ordinary income declined 6.4% to ¥215 million and profit attributable to owners of the parent declined 11.4% to ¥168 million, due to lower net sales and soaring prices for major raw materials and fuels.」
Initiatives under the Sixth Medium-Term Management Plan continued, but nine-month cumulative net sales, operating income, ordinary income and profit attributable to owners of the parent all fell below the same period of the previous year. - FY2023-Q2AdvancedAnnual report
「Against this backdrop, under the three-year Sixth Medium-Term Management Plan (fiscal years ending March 2022 to March 2024), the Group worked to enhance corporate value by improving profitability through cost reductions, realizing its growth strategy and using management resources efficiently. Although shipments of some products declined, net sales for the six months ended 30 September 2022 were ¥3,895 million, up 3.7% year on year, as demand recovered amid the easing of activity restrictions related to COVID-19 and sales prices were revised in response to soaring prices for major raw materials and fuels. Although net sales increased due to recovering demand and revised sales prices, operating income declined 3.1% year on year to ¥216 million due to the impact of soaring prices for major raw materials and fuels. Ordinary income increased 18.3% year on year to ¥184 million and profit attributable to owners of the parent increased 34.3% to ¥159 million, as syndicate loan fees recorded as non-operating expenses in the same period of the previous year were minimal in the current six-month period.」
We continued initiatives to improve profitability, pursue the growth strategy and use management resources efficiently under the Sixth Medium-Term Management Plan. Net sales, ordinary income and profit attributable to owners of the parent for the six-month period exceeded the same period of the previous year, while operating income was lower due to soaring raw material and fuel prices. - FY2023-Q1AdvancedAnnual report
「Against this backdrop, under the three-year Sixth Medium-Term Management Plan (fiscal years ending March 2022 to March 2024), the Group worked to enhance corporate value by improving profitability through cost reductions, realizing its growth strategy and using management resources efficiently. Net sales for the three months ended 30 June 2022 were ¥2,239 million, up 18.8% year on year, as demand for products recovered amid the easing of activity restrictions related to COVID-19 and sales prices were revised in response to soaring prices for major raw materials and fuels.」
We continued cost reductions, the growth strategy and the efficient use of management resources under the Sixth Medium-Term Management Plan. First-quarter net sales and income increased, driven by recovering demand, revised sales prices and lower unit costs from higher production volume. - FY2022AdvancedAnnual report
「The Group formulated the Sixth Medium-Term Management Plan (fiscal 2021 through fiscal 2023), aiming in the short term to reform its cost structure so that it can generate profits even if the recovery in sales is delayed, and in fiscal 2023, the third year of the plan, to build a strong corporate structure unaffected by extraordinary events.」
Under the Sixth Medium-Term Management Plan, we continued to pursue the goals of reforming the cost structure and strengthening the corporate structure, recording net sales of ¥8,149 million, operating income of ¥373 million and profit attributable to owners of the parent of ¥265 million in fiscal 2022. - FY2022-Q3AdvancedAnnual report
「Against this backdrop, under the three-year Sixth Medium-Term Management Plan (fiscal years ending March 2022 to March 2024), the Group worked to achieve an early recovery in earnings hit by the impact of COVID-19 and enhance corporate value by improving profitability through cost reductions, realizing its growth strategy and using management resources efficiently. Net sales for the nine months ended 31 December 2021 were ¥5,791 million, up 34.6% year on year, as shipments of some products remained strong and demand recovered amid signs of a recovery in economic activity that had contracted due to COVID-19. Although the increase in depreciation associated with the expansion of ultrafine titanium oxide production facilities and soaring prices for major raw materials and fuels had an impact, higher net sales and production volume resulted in operating income of ¥301 million, compared with an operating loss of ¥154 million in the same period of the previous year, ordinary income of ¥229 million, compared with an ordinary loss of ¥224 million, and profit attributable to owners of the parent of ¥190 million, compared with a loss attributable to owners of the parent of ¥255 million.」
Under the Sixth Medium-Term Management Plan, we continued to recover earnings and improve profitability. Nine-month cumulative net sales increased, and operating income, ordinary income and profit attributable to owners of the parent all turned from losses in the same period of the previous year to profits. - FY2022-Q2AdvancedAnnual report
「Against this backdrop, under the three-year Sixth Medium-Term Management Plan (fiscal years ending March 2022 to March 2024), the Group worked to achieve an early recovery in earnings hit by the impact of COVID-19 and enhance corporate value by improving profitability through cost reductions, realizing its growth strategy and using management resources efficiently. Net sales for the six months ended 30 September 2021 were ¥3,757 million, up 38.1% year on year, as shipments of some products remained strong and demand recovered amid signs of a recovery in economic activity that had contracted due to COVID-19.」
We continued initiatives to improve profitability, pursue the growth strategy and recover earnings under the Sixth Medium-Term Management Plan, and six-month cumulative net sales were ¥3,757 million, up 38.1% year on year. - FY2021ReframedAnnual report
「With “improving profitability and realizing the growth strategy,” “strengthening risk resilience” and “contributing to the environment and society” as its basic policies, we aim to achieve an early recovery in earnings affected by the downturn and enhance corporate value by working to improve profitability through cost reductions, advancing the realization of the growth strategy and the efficient use of management resources, strengthening our management foundation by enhancing risk resilience, and pursuing a sustainable future in which companies and society prosper together.」
The focus broadened from strengthening earnings power and building a new foundation under the Fifth Medium-Term Management Plan to a policy under the Sixth Medium-Term Management Plan that also includes an early recovery in earnings, risk resilience and contributions to the environment and society. - FY2021-Q3RestatedAnnual report
「Against this backdrop, under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), the Group worked to strengthen its overall earnings power and build a new foundation, while giving top priority to addressing new management challenges arising from the global COVID-19 pandemic.」
We have reaffirmed the policy of continuing to strengthen earnings power and build a new foundation under the Fifth Medium-Term Management Plan, while giving top priority to management challenges associated with COVID-19. - FY2021-Q2Made the response to infectious diseases the top priority.Annual report
「Against this backdrop, under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), the Group worked to strengthen its overall earnings power and build a new foundation, while giving top priority to addressing new management challenges arising from the global COVID-19 pandemic.」
It was explicitly stated that, while continuing to strengthen earnings power and build a new foundation under the Fifth Medium-Term Management Plan, new management challenges arising from COVID-19 would be addressed as the top priority. - FY2021-Q1RestatedAnnual report
「Against this backdrop, under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), the Group promoted the concentration of management resources, including capital investment and research and development investment, in businesses where we can leverage our strengths and expect growth. At the same time, for businesses with low profitability, we assessed their future prospects and other factors and worked to strengthen the Group-wide earnings power and build a new foundation by substantially reducing sales and undertaking fundamental reforms to their cost structures. As a result, net sales for the three months ended 30 June 2020 were ¥1,410 million, operating income was ¥75 million, ordinary income was ¥74 million and profit attributable to owners of the parent was ¥53 million.」
We continued the policy of concentrating resources and reforming low-profitability businesses under the Fifth Medium-Term Management Plan. For the three months ended 30 June 2020, we recorded net sales of ¥1,410 million, operating income of ¥75 million, ordinary income of ¥74 million and profit attributable to owners of the parent of ¥53 million. - FY2020AdvancedAnnual report
「Under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), the Group promoted the concentration of management resources, including capital investment and research and development investment, in businesses where we can leverage our strengths and expect growth. At the same time, for businesses with low profitability, we assessed their future prospects and other factors and worked to strengthen the Group-wide earnings power and build a new foundation by substantially reducing sales and undertaking fundamental reforms to their cost structures. As a result, net sales for the fiscal year were ¥8,761 million, operating income was ¥514 million, ordinary income was ¥512 million and profit attributable to owners of the parent was ¥401 million.」
We continued to concentrate resources and reform low-profitability businesses under the Fifth Medium-Term Management Plan, recording net sales of ¥8,761 million, operating income of ¥514 million, ordinary income of ¥512 million and profit attributable to owners of the parent of ¥401 million in the first fiscal year of consolidation. - FY2020-Q3AdvancedAnnual report
「Under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), we promoted the concentration of management resources, including capital investment and research and development investment, in businesses where we can leverage our strengths and expect growth. At the same time, for businesses with low profitability, we assessed their future prospects and other factors and worked to strengthen the company-wide earnings power and build a new foundation by substantially reducing sales and undertaking fundamental reforms to their cost structures. As a result, net sales for the nine months ended 31 December 2020 were ¥6,580 million, operating income was ¥325 million, ordinary income was ¥324 million and profit attributable to owners of the parent was ¥270 million.」
We continued the initiatives under the Fifth Medium-Term Management Plan, recording net sales of ¥6,580 million, operating income of ¥325 million, ordinary income of ¥324 million and profit attributable to owners of the parent of ¥270 million for the nine months ended 31 December 2020. - FY2020-Q2AdvancedAnnual report
「Under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), we promoted the concentration of management resources, including capital investment and research and development investment, in businesses where we can leverage our strengths and expect growth. At the same time, for businesses with low profitability, we assessed their future prospects and other factors and worked to strengthen the company-wide earnings power and build a new foundation by substantially reducing sales and undertaking fundamental reforms to their cost structures. As a result, net sales for the six months ended 30 September 2020 were ¥4,149 million, operating income was ¥298 million, ordinary income was ¥291 million and profit attributable to owners of the parent was ¥226 million.」
We continued to concentrate resources and reform low-profitability businesses under the Fifth Medium-Term Management Plan, recording net sales of ¥4,149 million, operating income of ¥298 million, ordinary income of ¥291 million and profit attributable to owners of the parent of ¥226 million for the six months ended 30 September 2020. - FY2020-Q1AdvancedAnnual report
「Under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), we promoted the concentration of management resources, including capital investment and research and development investment, in businesses where we can leverage our strengths and expect growth. At the same time, for businesses with low profitability, we assessed their future prospects and other factors and worked to strengthen the company-wide earnings power and build a new foundation by substantially reducing sales and undertaking fundamental reforms to their cost structures. As a result, although the discontinuation of sales of pigment-grade titanium oxide had an impact, increased production capacity for ultrafine titanium oxide contributed to net sales for the three months ended 30 June 2019 of ¥2,040 million, up 6.5% year on year.」
We continued to concentrate resources and reform low-profitability businesses under the Fifth Medium-Term Management Plan. As a result of increased production capacity for ultrafine titanium oxide, first-quarter net sales were ¥2,040 million, up 6.5% year on year. - FY2019AdvancedAnnual report
「Under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), we promoted the concentration of management resources, including capital investment and research and development investment, in businesses where we can leverage our strengths and expect growth. At the same time, for businesses with low profitability, we assessed their future prospects and other factors and worked to strengthen the company-wide earnings power and build a new foundation by substantially reducing sales and undertaking fundamental reforms to their cost structures. As a result, shipments of functional titanium oxide products and iron oxide increased substantially, and net sales for the fiscal year were ¥8,213 million, substantially higher than in the previous fiscal year, up 25.6% year on year.」
As a result of business restructuring and resource concentration under the Fifth Medium-Term Management Plan, full-year net sales were ¥8,213 million, up 25.6% year on year. - FY2019-Q3AdvancedAnnual report
「Under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), we promoted the concentration of management resources, including capital investment and research and development investment, in businesses where we can leverage our strengths and expect growth. At the same time, for businesses with low profitability, we assessed their future prospects and other factors and worked to strengthen the company-wide earnings power and build a new foundation by substantially reducing sales and undertaking fundamental reforms to their cost structures. As a result, shipments of functional titanium oxide products and iron oxide increased substantially, and net sales for the nine months ended 31 December 2019 were ¥5,943 million, substantially higher than in the same period of the previous year, up 26.7% year on year.」
We continued to concentrate resources and reform low-profitability businesses under the Fifth Medium-Term Management Plan, and nine-month cumulative net sales were ¥5,943 million, up 26.7% year on year. - FY2019-Q2AdvancedAnnual report
「Under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), we promoted the concentration of management resources, including capital investment and research and development investment, in businesses where we can leverage our strengths and expect growth. At the same time, for businesses with low profitability, we assessed their future prospects and other factors and worked to strengthen the company-wide earnings power and build a new foundation by substantially reducing sales and undertaking fundamental reforms to their cost structures. As a result, shipments of functional titanium oxide products and iron oxide increased substantially, and net sales for the six months ended 30 September 2019 were ¥3,763 million, substantially higher than in the same period of the previous year, up 21.7% year on year.」
We continued to concentrate resources and reform low-profitability businesses under the Fifth Medium-Term Management Plan, and first-half net sales increased 21.7% year on year. - FY2019-Q1RestatedAnnual report
「Against this backdrop, under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), we promoted the concentration of management resources, including capital investment and research and development investment, in businesses where we can leverage our strengths and expect growth. At the same time, for businesses with low profitability, we assessed their future prospects and other factors and worked to strengthen the company-wide earnings power and build a new foundation by substantially reducing sales and undertaking fundamental reforms to their cost structures.」
Under the Fifth Medium-Term Management Plan, we have continued to concentrate resources in growth businesses and reform low-profitability businesses to strengthen the company-wide earnings power and business foundation. - FY2018ReframedAnnual report
「We formulated the Fifth Medium-Term Management Plan for fiscal 2018 through fiscal 2020, with the aim of transforming the company into one that generates stable profits.」
The focus shifted from the previous emphasis on strengthening the earnings base for sustainable growth to securing stable profits and transforming the business portfolio under the Fifth Medium-Term Management Plan. - FY2018-Q3RestatedAnnual report
「Against this backdrop, under the three-year new medium-term business plan (fiscal years ending March 2016 to March 2018), we worked to strengthen our earnings base for sustainable growth by rebuilding our core businesses, expanding earnings from our core businesses and strengthening new businesses.」
The policy of strengthening the earnings base under the three-year new medium-term business plan has been continued. - FY2018-Q2RestatedAnnual report
「Under the three-year new medium-term business plan (fiscal years ending March 2016 to March 2018), we worked to strengthen our earnings base for sustainable growth by rebuilding our core businesses, expanding earnings from our core businesses and strengthening new businesses.」
The policy of strengthening the earnings base under the three-year new medium-term business plan has been continued. - FY2018-Q1RestatedAnnual report
「Against this backdrop, under the three-year new medium-term business plan (fiscal years ending March 2016 to March 2018), we worked to strengthen our earnings base for sustainable growth by rebuilding our core businesses, expanding earnings from our core businesses and strengthening new businesses.」
The policy of strengthening the earnings base under the three-year new medium-term business plan has been continued. - FY2017RestatedAnnual report
「Under the three-year new medium-term business plan (fiscal years ending March 2016 to March 2018), we worked to strengthen our earnings base for sustainable growth by rebuilding our core businesses, expanding earnings from our core businesses and strengthening new businesses.」
The policy of strengthening the earnings base under the new medium-term business plan has also been continued for the full fiscal year. - FY2017-Q3RestatedAnnual report
「Under the three-year new medium-term business plan, we worked to strengthen our earnings base for sustainable growth by rebuilding our core businesses, expanding earnings from our core businesses and strengthening new businesses.」
The policy of strengthening the earnings base under the three-year new medium-term business plan has been continued. - FY2017-Q2RestatedAnnual report
「Against this backdrop, under the three-year new medium-term business plan, we worked to strengthen our earnings base for sustainable growth by rebuilding our core businesses, expanding earnings from our core businesses and strengthening new businesses.」
The policy of strengthening the earnings base under the three-year new medium-term business plan has been continued. - FY2017-Q1RestatedAnnual report
「Against this backdrop, under the three-year new medium-term business plan beginning with the fiscal year ending March 2016, we worked to strengthen our earnings base for sustainable growth by rebuilding our core businesses, expanding earnings from our core businesses and strengthening new businesses.」
The policy of strengthening the earnings base under the new medium-term business plan has been continued. - FY2016First statedAnnual report
「Under the three-year new medium-term business plan (fiscal years ending March 2016 to March 2018), we worked to strengthen our earnings base for sustainable growth by rebuilding our core businesses, expanding earnings from our core businesses and strengthening new businesses.」
This is presented as the overall policy of the new medium-term business plan for the fiscal years ending March 2016 through March 2018.