Consolidated Performance Targets under the 7th Medium-Term Management Plan
First written in FY2016. . Latest entry: FY2019.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
- FY2019Failure to meet the Seventh Medium-Term Management Plan's final-year targets and completion of the planAnnual report
「Consolidated net sales in the final year of the 7th Medium-Term Management Plan increased substantially to ¥45.2 billion, but fell short of the ¥48.0 billion target. As for "consolidated ordinary profit: ¥2.5 billion," ... In the final year of the 7th Medium-Term Management Plan, consolidated ordinary profit was limited to ¥1.89 billion due to the impact of higher raw material prices from the previous fiscal year, increased fixed costs associated with improved employee benefits implemented in connection with the company's 80th anniversary, and the loss at 東邦化学（上海）有限公司. Regrettably, the plan was not achieved.」
The 7th Medium-Term Management Plan ended, with consolidated net sales of ¥45.2 billion and consolidated ordinary profit of ¥1.89 billion in the final year. Both the ¥48.0 billion net sales target and the ¥2.5 billion ordinary profit target were missed. - FY2017Variance from the first-year planAnnual report
「In the consolidated fiscal year under review, the first year of the 7th Medium-Term Management Plan, net sales fell short of the first-year plan due to the impact of lower selling prices. On the earnings side, although the loss at 東邦化学（上海）有限公司 (hereinafter, the "company") was greater than initially expected, stronger-than-expected earnings on a non-consolidated basis offset this, and operating profit and ordinary profit exceeded the plan. However, net income attributable to owners of the parent fell short of the plan due to such factors as the impairment loss recognized on the company's property, plant and equipment.」
The numerical targets under the 7th Medium-Term Management Plan were maintained, but in the first year, net sales and net income attributable to owners of the parent fell short of plan, while operating profit and ordinary profit exceeded plan. - FY2016First statedAnnual report
「Final year (FY2018) ・Consolidated net sales: ¥48.0 billion ・Consolidated ordinary profit: ¥2.5 billion」
The targets for the final year of the 7th Medium-Term Management Plan (a 3-year plan) are consolidated net sales of ¥48.0 billion and consolidated ordinary profit of ¥2.5 billion.