Achievement of the Medium- to Long-Term Management Plan "V2020"
First written in FY2016. 17 of 23 entries say "Restated". Latest entry: FY2026.
Nitta moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The fiscal year ending March 2026 was the first year of Phase 2 of “SHIFT2030,” and net sales and operating profit reached record highs. Progress toward the Phase 2 final-year target for the fiscal year ending March 2028 presents challenges for net sales, while the operating margin and business ROIC, introduced as a measure of capital efficiency, are generally progressing well.」
The company presented actual results and assessed progress for the first year of Phase 2 of SHIFT2030, and newly organized the targets for the fiscal year ending March 2028 and the Phase 3 target for the fiscal year ending March 2031. The Phase 2 net sales target was revised from the previous ¥115.0 billion to ¥105.0 billion, and a new target framework was disclosed for the operating margin, business ROIC, new-product sales ratio, and overseas sales growth. - FY2023AdvancedAnnual report
「Actual FY2023 FY2025 target Net sales ¥88.0 billion ¥90.0 billion Operating margin 5.7% 5.0% New-product sales ratio 9.5% 10.0% Overseas sales growth +38.6% vs. FY2021 +30% vs. FY2021」
For Phase 1 of SHIFT2030, the company presented FY2023 actual results against the targets for the fiscal year ending March 2025. Net sales and the new-product sales ratio were below target, while the operating margin and overseas sales growth exceeded their targets. - FY2023-Q3RestatedAnnual report
「There were no material changes during the nine-month period to the issues that the Group needs to address.」
The company has reconfirmed that there have been no significant changes to the issues to be addressed, including SHIFT2030. - FY2023-Q1RestatedAnnual report
「There were no significant changes in the issues that our group must address during the cumulative first quarter of the fiscal year.」
The company has reconfirmed that there have been no significant changes to the issues to be addressed, including the medium- to long-term management plan. - FY2022RestatedAnnual report
「The Group formulated the medium- to long-term management plan “SHIFT2030,” covering the 10-year period from the fiscal year ending March 2022 through the fiscal year ending March 2031, and began initiatives across the Group to achieve it. The quantitative targets for Phase 1 of “SHIFT2030,” which began in April 2021 and covers the fiscal years ending March 2022 through March 2025, are net sales of ¥90.0 billion, an operating margin of 5.0%, a 10.0% ratio of sales from new products, and overseas sales up 30% from the fiscal year ended March 2021.」
The company has restated in its annual report the Phase 1 plan for SHIFT2030, the quantitative targets through the fiscal year ending March 2025, and the three major SHIFT initiatives. It does not state any new changes to the plan or achievement of the targets. - FY2022-Q2RestatedAnnual report
「There have been no material changes to the issues to be addressed by our Group during the six-month period ended 30 September.」
The company has reconfirmed that there have been no significant changes to the issues to be addressed, and that the existing framework for the medium- to long-term plan and its issues remains in place. - FY2022-Q1RestatedAnnual report
「There were no significant changes in the issues that our group must address during the cumulative first quarter of the fiscal year.」
The company has reconfirmed that there have been no significant changes to the issues to be addressed, and that the existing framework for the medium- to long-term plan and its issues remains in place. - FY2021ReframedAnnual report
「The company ended the medium-term management plan “V2020” as of the end of March 2021 and launched the new medium-term management plan “SHIFT2030” on 1 April. Unfortunately, the key management targets for the final year of “V2020” were not achieved due to rapid changes in the business environment, including the spread of COVID-19 and US-China trade friction.」
The company explicitly stated that V2020 had ended and that its key management targets had not been achieved, and moved to SHIFT2030 in April 2021. - FY2021-Q3RestatedAnnual report
「There were no material changes during the nine-month period to the issues that the Group needs to address.」
The company has reconfirmed that there have been no significant changes to the issues to be addressed, including the medium- to long-term management plan. - FY2020SoftenedAnnual report
「FY2020 is the final year of Phase 3 of “V2020,” but the global spread of COVID-19 is having a major impact on economic activity in Japan and overseas, and the uncertain outlook is expected to continue. At present, the consolidated earnings forecast for FY2020 is undecided because it is difficult to calculate it reasonably.」
The final year of Phase 3 and the targets themselves have been maintained, but the consolidated earnings forecast for FY2020 has been left undecided due to the spread of COVID-19, weakening the outlook for achieving the plan. - FY2020-Q1RestatedAnnual report
「There were no significant changes in the issues that our group must address during the cumulative first quarter of the fiscal year.」
The company states that there have been no significant changes to the issues to be addressed, and that the existing framework for the medium- to long-term plan and its issues remains in place. - FY2019ReframedAnnual report
「In Phase 3 of “V2020,” which began in FY2018, the company will bring together the Group’s capabilities, respond to an era of rapid change, secure the results of “V2020,” and pursue further growth. In light of the results achieved to date, the sales target for FY2020 has been raised from ¥80.0 billion to ¥100.0 billion.」
The company moved to Phase 3 and raised its FY2020 sales target from ¥80.0 billion to ¥100.0 billion. Meanwhile, its performance targets were set at an 8.0% operating margin, a 25.0% ratio of sales from new businesses and new products, and a 35.0% overseas sales ratio, revising the previous 40% overseas sales target. - FY2019-Q3RestatedAnnual report
「Against this backdrop, the Group has steadily implemented measures based on the medium- to long-term management plan “V2020.”」
The company has reconfirmed that it is steadily implementing measures based on V2020. It has not indicated any changes to the plan or new achievement milestones. - FY2019-Q2RestatedAnnual report
「Against this backdrop, the Group has steadily implemented measures based on the medium- to long-term management plan “V2020.”」
The company has reconfirmed that it is steadily implementing measures based on V2020. It has not indicated any changes to the plan or new achievement milestones. - FY2019-Q1RestatedAnnual report
「Against this backdrop, the Group has steadily implemented measures based on the medium- to long-term management plan “V2020.”」
The company has reconfirmed that it is steadily implementing measures based on V2020. It has not indicated any changes to the plan or new achievement milestones. - FY2018-Q3RestatedAnnual report
「Against this backdrop, the Group has steadily implemented measures based on the medium- to long-term management plan “V2020.”」
The company has reconfirmed that it is steadily implementing measures based on V2020. It has not indicated any changes to the plan or new achievement milestones. - FY2018-Q2RestatedAnnual report
「Against this backdrop, the Group has steadily implemented measures based on the medium- to long-term management plan “V2020.”」
The company has reconfirmed that it is steadily implementing measures based on V2020. It has not indicated any changes to the plan or new achievement milestones. - FY2018-Q1RestatedAnnual report
「Against this backdrop, the Group has steadily implemented measures based on the medium- to long-term management plan “V2020.”」
The company has reconfirmed the implementation of measures based on the medium- to long-term management plan “V2020.” It has not indicated any changes to the plan itself or new achievement milestones. - FY2017RestatedAnnual report
「Performance targets (consolidated) FY2017 target FY2020 target Net sales ¥68.0 billion ¥80.0 billion or more Operating margin 6.8% 8% Overseas sales ratio 35% 40%」
The company has restated the Phase 2 targets of V2020 and the consolidated performance targets for FY2017 and FY2020 in specific figures. It continues to present the basic strategy for achieving the targets, but does not state that the targets have been achieved or that the plan has been changed. - FY2017-Q3RestatedAnnual report
「Although ongoing productivity improvements are having an effect, there have also been upfront costs to achieve the medium- to long-term management plan and the impact of foreign exchange rates,」
The company continues to describe its situation on the assumption that the medium- to long-term management plan will be achieved, but has not indicated any changes to the plan itself or new achievement milestones. - FY2017-Q2RestatedAnnual report
「Against this backdrop, the Group has steadily implemented measures based on the medium- to long-term management plan “V2020.”」
The company continues to state that it is steadily implementing measures based on V2020, but has not indicated any new achievements or changes to the plan. - FY2017-Q1RestatedAnnual report
「Against this backdrop, the Group has steadily implemented measures based on the medium- to long-term management plan “V2020.”」
The company has reconfirmed that it is steadily implementing measures based on V2020, but has not presented any specific new milestones. - FY2016First statedAnnual report
「Formulation of the Medium- to Long-Term Management Plan “V2020” (FY2012–FY2020)」
The company established a medium- to long-term management plan covering FY2012 through FY2020 and is working to achieve the targets for Phase 2.