Achieving ¥75 Billion and ¥100 Billion in Revenue and a Global Top-10 Position
First written in FY2016. 2 of 8 entries say "Softened", first in FY2017. Latest entry: FY2026.
Nihon Nohyaku moved to the "Worse" side of this theme in 2017, 4 years before the typical company in this theme (2021).
The whole theme swung hardest in 2025: 6 of 27 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The group's desired future state emphasizes stronger profitability, with targets for fiscal 2030 of an operating margin of at least 10%, revenue of more than ¥165 billion and ROE of at least 10%. Beyond that, it aims to become a global company contributing to a sustainable society, with revenue of more than ¥300 billion, as the global innovator in food and living set out in its vision.」
The company continues to target an operating margin of at least 10%, revenue of more than ¥165 billion and ROE of at least 10% in fiscal 2030, followed by revenue of more than ¥300 billion. - FY2025RaisedAnnual report
「The group's desired future state emphasizes stronger profitability, with targets for fiscal 2030 of an operating margin of at least 10%, revenue of more than ¥165 billion and ROE of at least 10%. Beyond that, it aims to become a global company contributing to a sustainable society, with revenue of more than ¥300 billion, as the global innovator in food and living set out in its vision.」
The target level has been raised from the previous long-term targets, including revenue of ¥125 billion and an operating margin of at least 10% in fiscal 2030, to revenue of more than ¥165 billion and ROE of at least 10% in fiscal 2030, followed by revenue of more than ¥300 billion. - FY2023AchievedAnnual report
「As the group's desired future state for achieving this group vision, the company aims for operating margins of at least 15% and revenue of ¥200 billion. As interim numerical targets, it aims to achieve an operating margin of at least 10% and revenue of ¥125 billion in fiscal 2030, and to become a company in which the Nichino brand and Nichino quality have become established globally through attractive new product technologies and CSR (SDG) management.」
While revenue of ¥100 billion has been achieved, the long-term targets of revenue of ¥125 billion and an operating margin of at least 10% in fiscal 2030, followed by revenue of ¥200 billion and an operating margin of at least 15%, have been maintained. - FY2022ReframedAnnual report
「As the group's desired future state for achieving this group vision, the company aims for operating margins of at least 15% and revenue of ¥200 billion. As interim numerical targets, it aims to achieve an operating margin of at least 10% and revenue of ¥125 billion in fiscal 2030, and to become a company in which the Nichino brand and Nichino quality have become established globally through attractive new product technologies and CSR (SDG) management.」
In addition to the previous phased targets of ¥75 billion and ¥100 billion in revenue and a global top-10 ranking, the company has organized a new long-term roadmap comprising an operating margin of at least 10% and revenue of ¥125 billion in fiscal 2030, followed by an operating margin of at least 15% and revenue of ¥200 billion. - FY2021SoftenedAnnual report
「This vision aims to create a group that contributes to humanity's future by further advancing technologies developed through the agricultural chemicals business, including crop protection and improvements to living environments. Its numerical targets are revenue of ¥100 billion in fiscal 2021 and, to contribute to society through continuous drug discovery, becoming an R&D-driven company with revenue of approximately ¥200 billion, second only to the 4 major multinational companies that can ensure stable business development and a strong presence in the future.」
The company had set a revenue target of ¥100 billion for fiscal 2021, but actual revenue was ¥71.525 billion, below the planned ¥76.3 billion. The new ¥100 billion target was set for the fiscal year ending March 2024, postponing the target achievement date. - FY2018ReframedAnnual report
「In the consolidated fiscal year, the final year of the medium-term management plan Advance to Growing Global 2018 (AGG2018), the company worked to improve performance by setting a revenue target of ¥70 billion and planned figures of ¥68 billion in revenue and ¥4.4 billion in operating income. However, performance failed to exceed the targets and planned figures because sales of internally developed products struggled in domestic agricultural chemicals, while overseas agricultural chemicals sales were affected by repeated shortages, delivery delays and price increases for raw materials at Nichino India Pvt.Ltd. due to China's environmental regulatory issues.」
The company reported that it failed to exceed AGG2018's final-year target of ¥70 billion in revenue or its planned figures of ¥68 billion in revenue and ¥4.4 billion in operating income. The next phase is structured around a target of ¥100 billion in revenue, combining ¥80 billion from existing businesses with new growth strategies. - FY2017SoftenedAnnual report
「The company aims to achieve revenue of ¥70 billion in fiscal 2018, revenue of ¥100 billion in fiscal 2021, and ultimately become an R&D-driven company ranked among the global top 10, with revenue of at least ¥200 billion.」
The fiscal 2018 revenue target was lowered from ¥75 billion to ¥70 billion. The ¥100 billion target for fiscal 2021 and the ultimate global top-10 target have been maintained. - FY2016First statedAnnual report
「The company aims to achieve revenue of ¥75 billion in fiscal 2018, revenue of ¥100 billion in fiscal 2021, and ultimately become an R&D-driven company ranked among the global top 10, with revenue of at least ¥200 billion.」
Targets for revenue scale and entry into the global top 10 are set out in 3 stages: fiscal 2018, fiscal 2021 and the ultimate target.