Advancing the 2016 Medium-Term Management Plan (FY2016–FY2020)
First written in FY2017-Q2. 3 of 8 entries say "Restated". Latest entry: FY2023.
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- FY2023ReframedAnnual report
「The Group formulated and implemented the “2020 Medium-Term Management Plan,” covering the 3 fiscal years from FY2020 to FY2022. Under the plan, positioned as a “haemorrhage-control plan,” the main measures, including “further enhancement of product capabilities” and “expansion of the integrated production business model from raw materials through to finished products,” progressed broadly as planned. Structural reform of the overseas business was also nearly complete, with a clear path to rebuilding MSSC in North America.」
The Group concluded that the main measures under the 2020 Medium-Term Management Plan had progressed broadly as planned and that a path had been established for rebuilding North American MSSC, before transitioning to the 2023 Medium-Term Management Plan. - FY2021AdvancedAnnual report
「JATIM became operating-profitable in the second half of 2020, aided by structural reforms and higher orders. Operating profit is expected to increase in FY2021. For MSSC, as planned, the US plant will be integrated into the Canadian and Mexican operations by the end of FY2021, with a return to operating profitability expected from FY2022.」
The Group reported specific progress in the first year of the 2020 Medium-Term Management Plan, including JATIM’s return to operating profitability, the planned integration of MSSC’s plants and its expected return to profitability, and a 10% reduction in the break-even point. The FY2022 targets of ¥7 billion in operating profit and ROE of at least 8% remain unchanged. - FY2021-Q2RestatedAnnual report
「The Group formulated the “2020 Medium-Term Management Plan,” setting out ① structural reform of the overseas business, ② further enhancement of product capabilities, and ③ expansion of the integrated production business model from raw materials through to finished products, and has been working to stabilise and develop earnings. However, the outlook remains uncertain due to the spread of COVID-19 and the resulting deterioration in the business environment.」
The Group reconfirmed the 3 priority areas of the 2020 Medium-Term Management Plan. Regarding the environment for executing the plan, it cited both the deterioration in the business environment caused by the spread of the infection and the uncertain outlook. - FY2020ReframedAnnual report
「The 2016 Medium-Term Management Plan will end one year ahead of schedule, and the Group has decided to formulate and announce the “2020 Medium-Term Management Plan” covering the 3 fiscal years from FY2020 to FY2022.」
The 2016 Medium-Term Management Plan ended one year ahead of schedule because actual results diverged significantly from the plan, and the Group transitioned to a new plan for FY2020–FY2022. The new plan targets FY2022 revenue of ¥150 billion, operating profit of ¥7 billion and ROE of at least 8%. - FY2018RestatedAnnual report
「FY2017 actual | FY2020 target | FY2025 target Revenue | ¥118.7 billion | ¥170 billion | ¥250 billion Operating profit | ¥3.2 billion | ¥9 billion | — Ordinary profit | ¥2.8 billion | ¥8.5 billion | — ROE | 4.7% | 8.0% | Above 10%」
The Group presented FY2017 actual results alongside its FY2020 and FY2025 targets for revenue, profit and ROE, reconfirming the numerical targets in the medium-term management plan. No change to the targets themselves was indicated. - FY2017RaisedAnnual report
「FY2020 targets (fiscal year ending March 2021): revenue of ¥170 billion, operating profit of ¥9 billion, ordinary profit of ¥8.5 billion, ROE of 8.0%, and an overseas revenue ratio of 47%. FY2025 targets (fiscal year ending March 2026): revenue of ¥250 billion, ROE above 10%, and an overseas revenue ratio of 65%.」
For the 2016 Medium-Term Management Plan, the Group specified numerical targets for revenue, ROE and the overseas revenue ratio through FY2025, in addition to FY2020, extending the targets’ time horizon and level of ambition. - FY2017-Q3RestatedAnnual report
「Our group formulated the 2016 Medium-Term Management Plan as the policy for operating the business during fiscal 2016–2020 and is steadily implementing measures to achieve it. To strengthen our domestic foundation and accelerate overseas expansion, we will use available funds efficiently to pursue sustainable growth and enhance corporate value.」
The Group reiterated its medium-term management plan for FY2016–FY2020 and its policies of strengthening the domestic foundation and accelerating overseas expansion to achieve the plan. - FY2017-Q2First statedAnnual report
「Our group formulated the 2016 Medium-Term Management Plan as the policy for operating the business during fiscal 2016–2020 and is steadily implementing measures to achieve it. To strengthen our domestic foundation and accelerate overseas expansion, we will use available funds efficiently to pursue sustainable growth and enhance corporate value.」
The Group formulated a medium-term management plan covering FY2016–FY2020, aiming for sustainable growth and higher corporate value by strengthening its domestic foundations and accelerating overseas expansion.