Consolidated numerical targets and profitability improvement under TOHO Step Up Plan 2024
First written in FY2022. 6 of 9 entries say "Restated". Latest entry: FY2025.
23 other companies' latest entry also says "Other".
- FY2025Some numerical targets achieved in the final year, key targets missed, plan completedAnnual report
「Under TOHO Step Up Plan 2024 (fiscal years ending March 2023 to March 2025), the company emphasized continued expansion of business scale and improved profitability, maintaining financial soundness, efficient use of capital and returns to shareholders, and established the following numerical targets. … Actual results for the fiscal year ended March 2025 were sales of ¥53,613 million, operating income of ¥1,815 million, an operating margin of 3.4% and ROE of 7.7%, all below the targets set under TOHO Step Up Plan 2024. Meanwhile, net assets as of 31 March 2025 were ¥21,077 million and the equity ratio was 30.9%, both above the targets. In addition, … the dividend per share was set at ¥20, equal to the target.」
TOHO Step Up Plan 2024 has ended. Revenue, operating profit, operating margin and ROE fell short of their targets, while net assets, the equity ratio and dividends per share either exceeded or met their targets. - FY2024-Q3RestatedAnnual report
「There were no material changes to the Group's basic management policies, management strategies, or other matters during the cumulative third quarter.」
No significant changes were reported in the basic management policies, management strategies or other matters related to TOHO Step Up Plan 2024. - FY2024-Q2RestatedAnnual report
「There were no significant changes during the six-month consolidated cumulative period under review to the basic management policies, management strategies or other matters concerning the Group’s management.」
No significant changes were reported in the basic management policies, management strategies or other matters related to TOHO Step Up Plan 2024 during the second quarter. - FY2024-Q1RestatedAnnual report
「There were no material changes to the Group's basic management policies, management strategies, or other matters during the cumulative first quarter.」
No significant changes were reported in the basic management policies, management strategies or other matters related to TOHO Step Up Plan 2024 during the first quarter. - FY2023Profit and profitability metrics fell short of targets in the first year of the medium-term planAnnual report
「Numerical targets (consolidated) <Final year (fiscal year ending March 2025)> Fiscal year ending March 2025 Plan Fiscal year ending March 2023 Actual Sales 60,000 55,361 Operating income 3,000 1,384 Operating margin 5.0 2.5 Net assets 20,500 17,765 Equity ratio 28.0 26.0 ROE At least 10.0 5.7 Dividend per share 20 15」
In the first year of TOHO Step Up Plan 2024, sales and net assets approached their targets, but operating income of ¥1,384 million, an operating margin of 2.5%, ROE of 5.7% and dividends of ¥15 fell short of the final-year targets. The policy of recovering the shortfall and aiming for the final-year targets through a significant increase in profit in the fiscal year ending March 2024 was maintained. - FY2023-Q3RestatedAnnual report
「There were no material changes to the Group's basic management policies, management strategies, or other matters during the cumulative third quarter.」
No significant changes were reported in the basic management policies, management strategies or other matters related to TOHO Step Up Plan 2024. - FY2023-Q2RestatedAnnual report
「There were no significant changes during the six-month consolidated cumulative period under review to the basic management policies, management strategies or other matters concerning the Group’s management.」
No significant changes were reported in the basic management policies, management strategies or other matters related to TOHO Step Up Plan 2024 during the second quarter. - FY2023-Q1RestatedAnnual report
「There were no material changes to the Group's basic management policies, management strategies, or other matters during the cumulative first quarter.」
No significant changes were reported in the basic management policies, management strategies or other matters related to TOHO Step Up Plan 2024 during the first quarter. - FY2022First statedAnnual report
「Under TOHO Step Up Plan 2024 (fiscal years ending March 2023 to March 2025), the company has established the following numerical targets, emphasizing continued expansion of business scale and improved profitability, maintaining financial soundness, efficient use of capital, and increased returns to shareholders. … Sales of ¥60,000 million, operating income of ¥3,000 million, operating margin of 5.0%, net assets of ¥20,500 million, equity ratio of 28.0%, ROE of at least 10.0%, and dividends per share of ¥20.」
The company launched a new medium-term management plan covering the fiscal years ending March 2023 through March 2025, setting final-year targets of sales of ¥60 billion, operating income of ¥3 billion, an operating margin of 5.0%, net assets of ¥20.5 billion, an equity ratio of 28.0%, ROE of at least 10%, and dividends per share of ¥20. The stated means and management policies included selection and concentration, concentrating resources on growth businesses, a turnaround in performance in the second half of fiscal 2022, and a V-shaped recovery and record-high profits in fiscal 2023 and fiscal 2024.