Numerical Targets under Medium- to Long-Term Management Plan BF-2
First written in FY2018. 13 of 20 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
- FY2023Fifth-year results confirmed, with targets missedAnnual report
「Revenue was ¥103,608 million, against the fiscal 2022 target of ¥120,000 million, a shortfall of ¥16,391 million (13.7%). Core operating profit was ¥6,734 million, against the fiscal 2022 target of ¥12,000 million, a shortfall of ¥5,265 million (43.9%). ROE was 7.6%, 4.4 percentage points below the fiscal 2022 target of 12.0%.」
The company disclosed the final-year results for BF-2, with the numerical targets for revenue, core operating profit, and ROE all unmet. - FY2023-Q3RestatedAnnual report
「Against this backdrop, in the fifth year of Stage 2 of our medium- to long-term management plan, “Breakthroughs for the future” (Advancing toward the future), the Group pursued activities based on four guiding principles: “creating new businesses,” “expanding core businesses,” “deepening and advancing manufacturing,” and “reforming the way individuals and organisations work,” with the aim of becoming a globally “distinctive” supplier.」
In the fifth year of BF-2, the company continued activities based on the 4 principles. No changes to or achievement of the numerical targets, including revenue of ¥120.0 billion, were disclosed for the current quarter. - FY2023-Q2RestatedAnnual report
「Against this backdrop, in the fifth year of Stage 2 of our medium- to long-term management plan, “Breakthroughs for the future” (Advancing toward the future), the Group pursued activities based on four guiding principles: “creating new businesses,” “expanding core businesses,” “deepening and advancing manufacturing,” and “reforming the way individuals and organisations work,” with the aim of becoming a globally “distinctive” supplier.」
In the fifth year of BF-2, the company continued activities based on the 4 principles and the plan aimed at becoming a globally “distinctive” supplier. - FY2023-Q1RestatedAnnual report
「In the fifth year of Stage 2 of our medium- to long-term management plan, “Breakthroughs for the future” (Advancing toward the future), the Group pursued activities based on four guiding principles: “creating new businesses,” “expanding core businesses,” “deepening and advancing manufacturing,” and “reforming the way individuals and organisations work,” with the aim of becoming a globally “distinctive” supplier.」
In the fifth year of BF-2, the company continued activities based on the 4 principles and the plan aimed at becoming a globally “distinctive” supplier. - FY2022Fourth-year results and continued failure to meet targetsAnnual report
「Revenue was ¥93,744 million, against the fiscal 2022 target of ¥120,000 million, a shortfall of ¥26,255 million (21.9%). Core operating profit was ¥5,880 million, against the fiscal 2022 target of ¥12,000 million, a shortfall of ¥6,119 million (51.0%). ROE was 1.7%, 10.3 percentage points below the fiscal 2022 target of 12.0%.」
The company disclosed the fourth-year results for BF-2, with revenue, core operating profit, and ROE all below the fiscal 2022 targets. While the variances from the targets for revenue and core operating profit narrowed from the previous year, ROE was 1.7%. - FY2022-Q3RestatedAnnual report
「Against this backdrop, in the fourth year of Stage 2 of our medium- to long-term management plan, “Breakthroughs for the future” (Advancing toward the future), the Group pursued activities based on four guiding principles: “creating new businesses,” “expanding core businesses,” “deepening and advancing manufacturing,” and “reforming the way individuals and organisations work,” with the aim of becoming a globally “distinctive” supplier.」
In the fourth year of BF-2, the company continued the plan for activities based on the 4 principles and aimed at becoming a globally “distinctive” supplier. - FY2022-Q1RestatedAnnual report
「Against this backdrop, in the fourth year of Stage 2 of our medium- to long-term management plan, “Breakthroughs for the future” (Advancing toward the future), the Group pursued activities based on four guiding principles: “creating new businesses,” “expanding core businesses,” “deepening and advancing manufacturing,” and “reforming the way individuals and organisations work,” with the aim of becoming a globally “distinctive” supplier.」
In the fourth year of BF-2, the company continued activities based on the 4 principles. No changes to or achievement of the numerical targets were disclosed. - FY2021WorsenedAnnual report
「Revenue was ¥81,371 million, against the fiscal 2022 target of ¥120,000 million, a shortfall of ¥38,628 million (32.2%). Core operating profit was ¥4,938 million, against the fiscal 2022 target of ¥12,000 million, a shortfall of ¥7,061 million (58.8%). ROE was 5.9%, 6.1 percentage points below the fiscal 2022 target of 12.0%.」
The company disclosed the third-year results for BF-2, with revenue, core operating profit, and ROE all below the fiscal 2022 targets. Compared with the second-year results disclosed in the previous fiscal year, the variances from the targets for revenue and core operating profit widened further. - FY2021-Q3RestatedAnnual report
「Against this backdrop, in the third year of Stage 2 of our medium- to long-term management plan, “Breakthroughs for the future” (Advancing toward the future), the Group pursued initiatives based on four guiding principles: creating new businesses, expanding core businesses, deepening and advancing manufacturing, and reforming the way individuals and organisations work, with the aim of becoming a globally “distinctive” supplier.」
In the third year of BF-2, the company continued the plan for activities based on the 4 principles and aimed at becoming a globally “distinctive” supplier. No changes to or achievement of the numerical targets were disclosed. - FY2021-Q2RestatedAnnual report
「Against this backdrop, in the third year of Stage 2 of our medium- to long-term management plan, “Breakthroughs for the future” (Advancing toward the future), the Group pursued initiatives based on four guiding principles: creating new businesses, expanding core businesses, deepening and advancing manufacturing, and reforming the way individuals and organisations work, with the aim of becoming a globally “distinctive” supplier.」
In the third year of BF-2, the company advanced activities based on the 4 principles, but did not disclose any changes to or achievement of the numerical targets. - FY2021-Q1RestatedAnnual report
「Against this backdrop, in the third year of Stage 2 of our medium- to long-term management plan, “Breakthroughs for the future” (Advancing toward the future), the Group pursued initiatives based on four guiding principles: creating new businesses, expanding core businesses, deepening and advancing manufacturing, and reforming the way individuals and organisations work, with the aim of becoming a globally “distinctive” supplier.」
In the third year of BF-2, the company continued activities based on the 4 principles and the direction of becoming a globally “distinctive” supplier. - FY2020WorsenedAnnual report
「Revenue was ¥90,247 million, against the fiscal 2022 target of ¥120,000 million, a shortfall of ¥29,752 million (24.8%). Core operating profit was ¥5,252 million, against the fiscal 2022 target of ¥12,000 million, a shortfall of ¥6,747 million (56.2%). ROE was 1.0%, 11.0 percentage points below the fiscal 2022 target of 12.0%.」
The company disclosed the second-year results for BF-2, with revenue, core operating profit, and ROE all below the fiscal 2022 targets. The variances from the targets had widened from the previous year’s disclosure. - FY2020-Q3RestatedAnnual report
「Against this backdrop, in the second year of Stage 2 of our medium- to long-term management plan, “Breakthroughs for the future” (Advancing toward the future), the Group pursued initiatives based on four guiding principles: creating new businesses, expanding core businesses, deepening and advancing manufacturing, and reforming the way individuals and organisations work, with the aim of becoming a globally “distinctive” supplier.」
In the second year of BF-2, the company continued activities based on the 4 principles and the direction of becoming a globally “distinctive” supplier. - FY2020-Q2RestatedAnnual report
「Against this backdrop, in the second year of Stage 2 of our medium- to long-term management plan, “Breakthroughs for the future” (Advancing toward the future), the Group pursued initiatives based on four guiding principles: creating new businesses, expanding core businesses, deepening and advancing manufacturing, and reforming the way individuals and organisations work, with the aim of becoming a globally “distinctive” supplier.」
In the second year of BF-2, the company continued to pursue the 4 principles and the direction of becoming a globally “distinctive” supplier. - FY2020-Q1RestatedAnnual report
「Against this backdrop, in the second year of Stage 2 of our medium- to long-term management plan, “Breakthroughs for the future” (Advancing toward the future), the Group pursued initiatives based on four guiding principles: creating new businesses, expanding core businesses, deepening and advancing manufacturing, and reforming the way individuals and organisations work, with the aim of becoming a globally “distinctive” supplier.」
In the second year of BF-2, activities based on the 4 principles and aimed at becoming a globally “distinctive” supplier continued to be advanced. No changes to or achievement of the numerical targets were disclosed. - FY2019AdvancedAnnual report
「The achievement and progress of Stage 2 of the medium- to long-term management plan “Breakthroughs for the future” (BF-2), whose first year was the current consolidated fiscal year, are as follows. Revenue was ¥94,318 million, against the fiscal 2022 target of ¥120,000 million, a shortfall of ¥25,681 million (21.4%). Core operating profit was ¥6,503 million, against the fiscal 2022 target of ¥12,000 million, a shortfall of ¥5,496 million (45.8%). ROE was 8.2%, 3.8 percentage points below the fiscal 2022 target of 12.0%.」
The company disclosed the first-year results for BF-2 and the numerical variances from the fiscal 2022 targets, measuring the plan’s progress. - FY2019-Q3RestatedAnnual report
「Against this backdrop, in the first year of Stage 2 of our medium- to long-term management plan, “Breakthroughs for the future” (Advancing toward the future), the Group established four guiding principles: creating new businesses, expanding core businesses, deepening and advancing manufacturing, and reforming the way individuals and organisations work. We began initiatives aimed at becoming a globally “distinctive” supplier.」
In the first year of BF-2, activities based on the 4 principles were launched, and the plan to become a globally “distinctive” supplier was reaffirmed. - FY2019-Q2RestatedAnnual report
「Against this backdrop, in the first year of Stage 2 of our medium- to long-term management plan, “Breakthroughs for the future” (Advancing toward the future), the Group established four guiding principles: creating new businesses, expanding core businesses, deepening and advancing manufacturing, and reforming the way individuals and organisations work. We began initiatives aimed at becoming a globally “distinctive” supplier.」
As the first year of BF-2, the company continued to describe activities based on the 4 principles and aimed at becoming a globally “distinctive” supplier. No changes to or achievement of the numerical targets were disclosed. - FY2019-Q1AdvancedAnnual report
「Against this backdrop, in the first year of Stage 2 of our medium- to long-term management plan, “Breakthroughs for the future” (Advancing toward the future), the Group established four guiding principles: creating new businesses, expanding core businesses, deepening and advancing manufacturing, and reforming the way individuals and organisations work. We began initiatives aimed at becoming a globally “distinctive” supplier.」
In the first year of BF-2, activities based on 4 principles covering new businesses, core businesses, manufacturing, and work-style reform were launched. No changes to or achievement of the numerical targets were disclosed. - FY2018First statedAnnual report
「(2) Management targets (fiscal 2022): Consolidated net sales: ¥120.0 billion; consolidated operating profit: ¥12.0 billion; consolidated ROE: 12%; new business and new product ratio: at least 30% (of which new business: at least 10%)」
For BF-2 from fiscal 2018 through fiscal 2022, new numerical targets were established of net sales of ¥120.0 billion, operating profit of ¥12.0 billion, ROE of 12%, and a new business and new product ratio of at least 30% (of which new business was at least 10%).