Continued achievement of a net operating margin of 5.5% or higher and ROE of 10% or higher
First written in FY2017. 2 of 9 entries say "Advanced", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2025: 3 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「The management indicators comprise a net sales target of ¥40 billion, ROIC of 10% or higher, ¥10 billion in cumulative recurring investment over 3 years, ¥6 billion in strategic investment, and a new-product sales ratio target of 20%.」
The company continues to set ROIC of 10% or higher as a management indicator under the new medium-term management plan. - FY2025Confirmed failure to achieve the profit targets under the previous medium-term planAnnual report
「Although both ROIC and operating margin fell short of their performance targets, they have improved since bottoming out in fiscal 2022.」
While acknowledging that ROIC and operating margin fell short of target under the previous medium-term plan, the new medium-term management plan targets maintaining ROIC of 10% or higher. - FY2024Profit margin and ROIC targets expected to remain below plan in the second year of the medium-term planAnnual report
「Net operating margin of 3.8%, fiscal 2024 earnings forecast of 4.0%, fiscal 2024 medium-term management plan of 9.0%; ROIC of 4.2%, fiscal 2024 medium-term management plan of 10%」
In fiscal 2023, the net operating margin was 3.8% and ROIC was 4.2%, with the fiscal 2024 earnings forecast also below the medium-term plan levels of more than 9% and more than 10%, respectively. - FY2023Failure to achieve the profit margin and ROIC targets in the first year of the medium-term planAnnual report
「Net operating margin of 1.5%, initial target of 3.8%, variance of 2.3 percentage points decrease, fiscal 2024 plan of 9%; ROIC of 1.5%, initial target of 3.9%, variance of 2.4 percentage points decrease, fiscal 2024 plan of 10%」
In fiscal 2022, the net operating margin was 1.5% and ROIC was 1.5%, below the initial targets of 3.8% and 3.9%, respectively. The fiscal 2024 plan sets targets of 9% and 10%, respectively. - FY2022SoftenedAnnual report
「Although the net operating margin fell below target in fiscal 2021, the final year of the plan, ROIC of 10% or higher was achieved on a sustained basis.」
Under the previous medium-term plan, the net operating margin was 8%, below the 10% target. The new plan’s KPIs are a net operating margin above 9% and ROIC above 10%. - FY2021AdvancedAnnual report
「Enhancement of business value by continuously achieving a net operating margin of 9% or higher and ROIC of 10% or higher.」
The operating margin was approximately 12.5% and ROIC was 16.5%, exceeding the target levels of 9% or higher and ROIC of 10% or higher in the current fiscal year. - FY2020ReframedAnnual report
「Consolidated net sales of ¥30 billion or more, operating profit of ¥2.5 billion or more, and ROIC of 10% or more (fiscal 2021 targets)」
The company reorganised its performance indicators under ATV-2020+ from the previous targets of a net operating margin of 5.5% or higher and ROE of 10% or higher to include ROIC of 10% or higher. - FY2018AdvancedAnnual report
「We achieved a net operating margin of 5.5% or higher on a sustained basis and ROE of 10% or higher.」
The current fiscal year’s net operating margin was 9.5% and ROE was 14.9%, exceeding the stated levels of 5.5% or higher and ROE of 10% or higher. - FY2017First statedAnnual report
「We achieved a net operating margin of 5.5% or higher on a sustained basis and ROE of 10% or higher.」
The company has set target levels for operating margin and ROE as basic policies under its medium-term management plan.