Komori
Nihon Seiko (5729) · TargetAchieved

Expanding Existing Businesses, Developing New Businesses, and Targeting ¥1.5 Billion in Consolidated Operating Profit and ROE of at Least 10%

First written in FY2019. 11 of 16 entries say "Restated". Latest entry: FY2025.

16entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019 – FY2021-Q3RestatedFY2023-Q3 – FY2024-Q3SoftenedFY20242019: 220192020: 420202021: 320212022: 220222023: 220232024: 220242025: 12025
Same theme, other companies
Operating Profit and ROE Targets in Medium-Term Management PlansA theme 48 companies write about · 2 as a headwind · 49 as a tailwind

The whole theme swung hardest in 2021: 5 of 19 companies on the "Worse" side.

7 other companies' latest entry also says "Achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 48 companies compared. The sentences above are computed from all 48.
Full recordFilings, disclosures and news, newest first
  1. FY2025AchievedAnnual report

    「In FY2024, the final year of the plan, consolidated operating profit reached a record high of ¥3.598 billion, due to improved production efficiency and inventory-related factors, among others, while consolidated ROE was 23%. As a result, the company exceeded the initially set targets of consolidated operating profit of ¥2.4 billion or more and consolidated ROE of 10% or more.」

    It states that, in the final year of the FY2022–FY2024 medium-term management plan, the company exceeded its targets of consolidated operating profit of ¥2.4 billion or more and ROE of 10% or more.
  2. FY2024SoftenedAnnual report

    「For the fiscal year ending March 2025, the final year of the plan, we had set targets of consolidated operating profit of ¥2.4 billion or more and consolidated ROE of 10% or more, but due to major changes in the business environment, we will revise the targets to consolidated operating profit of ¥1.1 billion or more and consolidated ROE of 7% or more.」

    For the medium-term management plan covering FY2023 through FY2025, the final-year targets were lowered from consolidated operating profit of ¥2.4 billion or more and ROE of 10% or more to operating profit of ¥1.1 billion or more and ROE of 7% or more.
  3. FY2024-Q3RestatedAnnual report

    「There were no material changes during the nine-month period of the current consolidated fiscal year to the management policies, management strategies or other matters established by our group.」

    It states that there were no material changes to the management policies and management strategies, including the medium-term management plan beginning in FY2019.
  4. FY2024-Q2RestatedAnnual report

    「There were no material changes during the six-month period of the current consolidated fiscal year to the management policies, management strategies or other matters established by our group.」

    It states that there were no material changes to the management policies and management strategies, including the medium-term management plan beginning in FY2019.
  5. FY2023-Q3RestatedAnnual report

    「There were no material changes during the nine-month period of the current consolidated fiscal year to our group’s management policies, management strategies or other matters.」

    It states that there were no material changes to the management policies and management strategies, including the medium-term management plan beginning in FY2019.
  6. FY2022AchievedAnnual report

    「The target management indicators for the plan had been revised to consolidated operating profit of ¥1.32 billion and consolidated ROE of 10% or more due to major changes in the business environment during the plan period. However, partly due to a recovery in sales volume and higher prices for raw-material ingots, consolidated operating profit reached a record high of ¥2.19 billion in FY2021, the final year, while consolidated ROE was 17.9%. As a result, the company exceeded the initial targets of consolidated operating profit of ¥1.5 billion and consolidated ROE of 10% or more.」

    It states that, for the FY2019–FY2021 plan, the company exceeded not only the revised operating profit target but also the initial targets of operating profit of ¥1.5 billion and ROE of 10% or more.
  7. FY2022-Q3RestatedAnnual report

    「There were no material changes during the nine-month period of the current consolidated fiscal year to our group’s management policies, management strategies or other matters.」

    It states that there were no material changes to the management policies and management strategies, including the medium-term management plan beginning in FY2019.
  8. FY2022-Q2RestatedAnnual report

    「There were no material changes during the six-month period of the current consolidated fiscal year to the management policies, management strategies or other matters established by our group.」

    It states that there were no material changes to the management policies and management strategies, including the medium-term management plan beginning in FY2019.
  9. FY2021SoftenedAnnual report

    「We had set consolidated operating profit of ¥1.5 billion and consolidated ROE of 10% or more as the target management indicators for the final year of the plan, but due to major changes in the business environment, we will revise the targets to consolidated operating profit of ¥1.32 billion and consolidated ROE of 10% or more.」

    The consolidated operating profit target for the fiscal year ending March 2022 was lowered from ¥1.5 billion to ¥1.32 billion, while the target of ROE of 10% or more was maintained.
  10. FY2021-Q3RestatedAnnual report

    「There were no material changes during the nine-month period of the current consolidated fiscal year to the management policies, management strategies or other matters established by our group.」

    It states that there were no material changes to the management policies and management strategies, including the medium-term management plan beginning in FY2019.
  11. FY2021-Q2RestatedAnnual report

    「There were no material changes during the second quarter of the current fiscal year to the management policies, management strategies or other matters established by our group.」

    It states that there were no material changes to the management policies and management strategies, including the medium-term management plan beginning in FY2019.
  12. FY2021-Q1RestatedAnnual report

    「There were no material changes during the first quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by our group.」

    It states that there were no material changes to the management policies and management strategies, including the medium-term management plan beginning in FY2019.
  13. FY2020RestatedAnnual report

    「Under our group’s medium-term management plan covering the three-year period from FY2019 through FY2021, we have adopted as our basic policy the aim of “expanding existing businesses and developing new businesses by enhancing group strength, product strength, human resources strength and earnings strength.” By building a strong business foundation, we will work to enhance corporate value and strengthen our financial base. For FY2021, the final year of the plan, we set targets of consolidated operating profit of ¥1.5 billion and consolidated ROE of 10% or more.」

    The annual report reconfirmed the FY2019–FY2021 medium-term management plan, the expansion of existing businesses and development of new businesses, and the FY2021 targets of consolidated operating profit of ¥1.5 billion and ROE of 10% or more.
  14. FY2020-Q3RestatedAnnual report

    「There were no material changes during the first quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by our group.」

    It states that there were no material changes to the management policies and management strategies, including the medium-term management plan beginning in FY2019.
  15. FY2020-Q1RestatedAnnual report

    「There were no material changes during the first quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by our group.」

    It states that there were no material changes during the first quarter of the current fiscal year to the management policies and management strategies, including the medium-term management plan beginning in FY2019.
  16. FY2019First statedAnnual report

    「In this context, the Group formulated a three-year medium-term management plan beginning in fiscal 2019. Its basic policy is to enhance Group capabilities, product capabilities, human capital capabilities and profitability to expand existing businesses and develop new businesses. Specific initiatives include strengthening Group management, competitive manufacturing, developing people capable of creating value, and building a business platform through continuous improvement, with the aim of enhancing corporate value. The target management indicators for the final year of the plan are consolidated operating profit of ¥1.5 billion and consolidated ROE of at least 10%.」

    A new three-year plan beginning in fiscal 2019 was formulated, targeting expansion of existing businesses, development of new businesses, consolidated operating profit of ¥1.5 billion and consolidated ROE of at least 10% in the final year.
Moved together

"Executive Oversight Centered on the Statutory Auditor System and the Management Committee" moved the same way as this thread, in the same document, in 3 of its 16 moves.

322222★123456
  1. ★This thread
  2. 1Executive Oversight Centered on the Statutory Auditor System and the Management Committee3×
  3. 2Strengthening Domestic and Overseas Sales and Developing the Chinese Market2×
  4. 3Deterioration in Profitability Due to Falling Antimony Prices2×
  5. 4Growth in Operating Profit, Ordinary Profit and Net Income Despite Lower Revenue2×
  6. 5Integrated Production and Shipping System through Collaboration between the Tsukuba and Noda Plants and Productivity Improvement2×
  7. 6Annual Review of Cross-Shareholdings and Reduction of Holdings with Limited Strategic Significance2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Expanding Existing Businesses, Developing New Businesses, and Targeting ¥1.5 Billion in Consolidated Operating Profit and ROE of at Least 10% | NIHON SEIKO CO.,LTD (5729) | Komori