Performance Targets under the 9th Medium-Term Management Plan
First written in FY2021. 1 of 4 entries say "Raised", first in FY2022. Latest entry: FY2024.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
- FY2024Revenue target achieved; profit target missedAnnual report
「Fiscal year ending February 2024 (target): net sales ¥29,800 million; operating income ¥2,260 million; ordinary income ¥2,500 million; net income attributable to owners of the parent ¥1,450 million; ordinary income margin 8.4%. Fiscal year ending February 2024 (actual): net sales ¥31,886 million; operating income ¥1,225 million; ordinary income ¥1,826 million; net income attributable to owners of the parent ¥1,283 million; ordinary income margin 5.7%.」
In the final year of the Ninth Medium-Term Management Plan, the net sales target achievement rate was 107.0%, while the achievement rates for operating income, ordinary income and net income attributable to owners of the parent were 54.2%, 73.1% and 88.5%, respectively, leaving the profit targets unmet. - FY2023Higher sales target, lower profit targetsAnnual report
「For fiscal 2023, the final year of the Ninth Medium-Term Management Plan (fiscal years 2021–2023), targets were set as follows. Fiscal 2022 (actual): net sales ¥30,333 million, operating income ¥523 million, ordinary income ¥1,046 million, net income attributable to owners of the parent ¥615 million, ordinary income margin 3.4%. Fiscal 2023 (plan): net sales ¥34,500 million, operating income ¥1,400 million, ordinary income ¥1,600 million, net income attributable to owners of the parent ¥700 million, ordinary income margin 4.6%.」
For the final year of the Ninth Medium-Term Management Plan, the net sales target was raised from the previous plan of ¥32,500 million to ¥34,500 million, while the targets for operating income, ordinary income and net income were lowered from the previous plan. - FY2022RaisedAnnual report
「Fiscal 2022 (plan): net sales (¥ million) 30,500; operating income (¥ million) 1,850; ordinary income (¥ million) 2,200; net income attributable to owners of the parent (¥ million) 1,300; ordinary income margin (%) 7.2%. Fiscal 2023 (plan): net sales (¥ million) 32,500; operating income (¥ million) 2,300; ordinary income (¥ million) 2,650; net income attributable to owners of the parent (¥ million) 1,650; ordinary income margin (%) 8.2%.」
The fiscal 2022 and fiscal 2023 targets under the Ninth Medium-Term Management Plan were raised from the previously disclosed figures. In addition, fiscal 2021 actual results exceeded the initial-year targets for net sales and all profit measures. - FY2021First statedAnnual report
「Under the Ninth Medium-Term Management Plan (fiscal years 2021–2023), targets were set as follows in line with the management policies and strategies described above. Fiscal 2021: net sales ¥25,830 million, operating income ¥1,170 million, ordinary income ¥1,470 million, net income attributable to owners of the parent ¥1,200 million, ordinary income margin 5.7%. Fiscal 2022: net sales ¥27,650 million, operating income ¥1,640 million, ordinary income ¥1,840 million, net income attributable to owners of the parent ¥1,050 million, ordinary income margin 6.7%. Fiscal 2023: net sales ¥29,750 million, operating income ¥2,230 million, ordinary income ¥2,470 million, net income attributable to owners of the parent ¥1,430 million, ordinary income margin 8.3%.」
New numerical targets were set for net sales, operating income, ordinary income, net income attributable to owners of the parent and ordinary income margin for fiscal 2021 through fiscal 2023.