Komori
Taoka Chemical (4113) · TargetReframed

Sustained growth of at least 20% over 3 years

First written in FY2020. 2 of 4 entries say "Reframed", first in FY2022. Latest entry: FY2023.

4entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2020AdvancedFY2021ReframedFY2022 – FY20232020: 120202021: 120212022: 120222023: 12023
Same theme, other companies
Establishing a Sustainable Growth TrajectoryA theme 169 companies write about · 1 as a headwind · 173 as a tailwind

Taoka Chemical moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).

12 other companies' latest entry also says "Reframed".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 169 companies compared. The sentences above are computed from all 169.
Full recordFilings, disclosures and news, newest first
  1. FY2023ReframedAnnual report

    「As medium- to long-term business targets, we aim to achieve and maintain net sales of ¥50 billion and ROIC of 10% or higher.」

    The previous wording of sustainable growth of at least 20% over 3 years has been reorganized into a target framework centered on medium- to long-term targets of ¥50 billion in net sales and ROIC of at least 10%.
  2. FY2022ReframedAnnual report

    「As medium- to long-term business targets, we aim to achieve and maintain net sales of ¥50 billion and ROIC of 10% or higher.」

    The previous wording of sustainable growth of at least 20% over 3 years was not featured in the new plan, which reorganized the target framework around the continued achievement of medium- to long-term targets of ¥50 billion in net sales and ROIC of at least 10%.
  3. FY2021AdvancedAnnual report

    「Net sales amounted to ¥32,057 million, an increase of ¥6,385 million, or 24.9%, from the previous consolidated fiscal year, due to higher sales of resin raw materials and pesticide intermediates.」

    While the company had set a target of sustainable growth of at least 20% over 3 years, net sales increased 24.9% year on year in fiscal 2020. Completion of the overall 3-year target has not yet been disclosed.
  4. FY2020First statedAnnual report

    「Continue (+) sustainable growth of 20%+ (at least) under the 3-year medium-term plan.」

    As a target under ATV-2020+, the company has set out continued sustainable growth of at least 20% under its 3-year medium-term plan.
Moved together

"Decline in shipment volumes of resin raw materials and electronic materials" moved the same way as this thread, in the same document, in 3 of its 4 moves.

332222★123456
  1. ★This thread
  2. 1Decline in shipment volumes of resin raw materials and electronic materials3×
  3. 2Impact of Foreign Exchange Movements on Profit and Loss3×
  4. 3Dividends paid to shareholders2×
  5. 4Selling price reductions following lower raw material prices2×
  6. 5Four-division structure centered on the chemical industry segment2×
  7. 6Continued achievement of a net operating margin of 5.5% or higher and ROE of 10% or higher2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Taoka Chemical yet.
News
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