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Bando Chemical Industries (5195) · TargetStage 1 ended after the numerical targets were missed

Numerical Targets under Medium- to Long-Term Management Plan BF-1

First written in FY2016. 7 of 9 entries say "Restated". Latest entry: FY2018.

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ProgressHeldSoftenedWorseRestatedFY2016 – FY20182016: 320162017: 420172018: 22018
Same theme, other companies
Setting and achieving performance targets under the medium-term management planA theme 791 companies write about · 75 as a headwind · 1062 as a tailwind

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Showing 14 of the 133 companies compared. The sentences above are computed from all 133.Comparing 200 of the theme's 1182 threads.
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  1. FY2018Stage 1 ended after the numerical targets were missedAnnual report

    「The consolidated net sales target of ¥100 billion and consolidated operating profit target of ¥10 billion were not achieved, partly because of changes in the business environment and the failure of new products to reach commercialization,」

    It is explicitly stated that the BF-1 numerical targets of ¥100 billion in consolidated net sales and ¥10 billion in operating profit were not achieved, and the plan moved from Stage 1 to Stage 2.
  2. FY2018-Q3RestatedAnnual report

    「Against this backdrop, as the final year of the first stage of the medium- to long-term management plan “Breakthroughs for the future” (Breakthroughs for the future),」

    BF-1 continued to be positioned as the final year of Stage 1. No additions or changes to the numerical targets are stated.
  3. FY2018-Q2RestatedAnnual report

    「Against this backdrop, as the final year of the first stage of the medium- to long-term management plan “Breakthroughs for the future” (Breakthroughs for the future),」

    BF-1 continued to be positioned as the final year of Stage 1. No additions or changes to the numerical targets are stated.
  4. FY2018-Q1RestatedAnnual report

    「As the final year of the first stage of the medium- to long-term management plan “Breakthroughs for the future” (Breakthroughs for the future),」

    BF-1 continued to be positioned as the final year of Stage 1. The numerical targets themselves are not reiterated in this section.
  5. FY2017RestatedAnnual report

    「Our group designated fiscal 2013 through fiscal 2017 as the first stage (BF-1) of the medium- to long-term management plan “Breakthroughs for the future,” newly established the following management targets, and is working as one group to achieve them. Consolidated net sales: ¥100 billion; consolidated operating profit: ¥10 billion; consolidated ROA: 6.0%」

    As the final year of BF-1, the numerical targets of ¥100 billion in net sales, ¥10 billion in operating profit and 6.0% ROA were reiterated. Actual results for the year were net sales of ¥8,838.7 million and operating profit of ¥589.6 million, and the text does not state that the targets were achieved.
  6. FY2017-Q3RestatedAnnual report

    「Specifically, we designated fiscal 2013 through fiscal 2017 as the first stage (BF-1) of the medium- to long-term management plan “Breakthroughs for the future,” newly established the following management targets, and are working as one group to achieve them under the five guidelines set out below. Consolidated net sales: ¥100 billion; consolidated operating profit: ¥10 billion; consolidated ROA: 6.0%」

    BF-1 was positioned as the fourth year of Stage 1, and the targets of ¥100 billion in net sales, ¥10 billion in operating profit and 6.0% ROA were reiterated.
  7. FY2017-Q2RestatedAnnual report

    「Specifically, we designated fiscal 2013 through fiscal 2017 as the first stage (BF-1) of the medium- to long-term management plan “Breakthroughs for the future,” newly established the following management targets, and are working as one group to achieve them under the five guidelines set out below. Consolidated net sales: ¥100 billion; consolidated operating profit: ¥10 billion; consolidated ROA: 6.0%」

    BF-1 continued to set numerical targets of ¥100 billion in net sales, ¥10 billion in operating profit and 6.0% ROA for the plan covering fiscal 2013 through fiscal 2017.
  8. FY2017-Q1RestatedAnnual report

    「As the fourth year of the first stage of the medium- to long-term management plan “Breakthroughs for the future” (BF-1),」

    BF-1 continued to be positioned as the fourth year of Stage 1, with the targets of ¥100 billion in net sales, ¥10 billion in operating profit and 6.0% ROA, among others, and the five guidelines reiterated.
  9. FY2016First statedAnnual report

    「Specifically, we designated fiscal 2013 through fiscal 2017 as the first stage (BF-1) of the medium- to long-term management plan “Breakthroughs for the future,” newly established the following management targets, and are working as one group to achieve them under the five guidelines set out below. Consolidated net sales: ¥100 billion; consolidated operating profit: ¥10 billion; consolidated ROA: 6.0%」

    Specific targets were set for net sales, operating profit and ROA for Stage 1, covering fiscal 2013 through fiscal 2017.
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Numerical Targets under Medium- to Long-Term Management Plan BF-1 | Bando Chemical Industries,Ltd. (5195) | Komori